Deputy Energy Editor, EMEA
Barbara's Feed
Oct 2, 2014

Denmark says EU green energy deal best way to sanction Russia

BRUSSELS (Reuters) – A European Union deal to cut fuel use and increase renewable energy would be a better punishment on Moscow than more sanctions as it would clearly show the EU means to cut reliance on Russian gas, Denmark’s foreign minister said on Thursday.

In a telephone interview, Martin Lidegaard told Reuters it was not the time to strengthen or weaken economic sanctions imposed on Moscow by the EU over Russia’s actions in Ukraine.

Oct 2, 2014

France’s Moscovici struggles to convince EU lawmakers

BRUSSELS (Reuters) – France’s Pierre Moscovici struggled to convince European Union lawmakers on Thursday that he could enforce budget rules that his own country has repeatedly breached, as the formation of a new European Commission turned into a bitter political battle.

The Socialist, who was finance minister in Paris until six months ago, promised to apply the bloc’s deficit rules equally to all euro zone states, including his own, if confirmed as economic and monetary affairs commissioner.

Oct 1, 2014

New EU executive runs into trouble in parliament

BRUSSELS, Oct 2 (Reuters) – The formation of a new European
Union executive hit trouble on Wednesday as splits among EU
lawmakers held up confirmation of British and Spanish nominees
and threatened to disrupt approval for France’s choice to run
economic policy.

British Conservative Jonathan Hill, named to oversee the
finance sector, was summoned back to a new grilling next week,
and Greens and the left delayed Spaniard Miguel Arias Canete
securing the energy and climate brief, prompting a threat from
his centre-right allies to block approval for French Socialist
Pierre Moscovici at an economics committee hearing on Thursday.

Sep 29, 2014

EU watchdog to give detail on Apple and Fiat tax investigations

BRUSSELS (Reuters) – European Union regulators will provide more details on Tuesday of their reasons for launching in-depth inquiries into tax arrangements reached by Ireland with Apple and by Luxembourg with a Fiat subsidiary.

The European Commission has launched a similar investigation into the Dutch government’s tax treatment of Starbucks, but details of that will be published later, Antoine Colombani, spokesman for European Union Competition Commissioner Joaquin Almunia, told reporters.

Sep 26, 2014

EU lawmakers target Spanish nominee in threat to new executive

BRUSSELS, Sept 26 (Reuters) – Anger among left-wing EU
lawmakers at the choice of a Spanish conservative to run the
bloc’s climate change policies could disrupt the process of
installing a new executive for the European Union in the next

Miguel Arias Canete is among several of incoming European
Commission President Jean-Claude Juncker’s 27-strong team who
may face a rough ride in parliamentary confirmation hearings
next week in Brussels. A veto on any of them could hold up the
installation of the whole executive, due on Nov. 1.

Sep 25, 2014

EU orders Germany to stop using banned car refrigerant

BRUSSELS, Sept 25 (Reuters) – The European Commission on
Thursday ordered Germany to stop using a banned car refrigerant
within two months or face court action and possible fines.

The EU executive’s decision follows months of investigation
by the Commission after German luxury carmaker Daimler
refused to stop using a highly polluting coolant and
won backing from German authorities.

Sep 22, 2014

EU regulators say will approve British EDF nuclear project

BRUSSELS, Sept 22 (Reuters) – European Union state aid
regulators will clear Britain’s plan to build a 16 billion-pound
($26.15 billion) nuclear plant with French utility EDF,
a European Commission official said on Monday.

The project at Hinkley Point in southwest England is crucial
to Britain’s plan to replace a fifth of its ageing nuclear power
and coal plants over the coming decade, while France sees it as
a major export contract that will boost its nuclear industry.

Sep 17, 2014

EU regulators set to clear Britain’s 19 billion euro nuclear project – sources

BRUSSELS (Reuters) – European Union state aid regulators are set to approve Britain’s 19-billion-euro (£15 billion) plan to build a nuclear plant with French utility EDF, several people familiar with the matter said on Wednesday.

The case is important for Britain, which wants to replace a fifth of its ageing nuclear power and coal plants over the coming decade, and for France, whose nuclear sector would benefit from the major export contract.

Sep 17, 2014

EU food producers set for more cash to help with Russian ban

BRUSSELS (Reuters) – EU officials are drawing up new measures to help food producers hit by a Russian ban on agricultural imports and will publish them over the coming days, the European Commission said.

Moscow in August imposed a one-year embargo on meat, fish, dairy, fruit and vegetables from the United States, the European Union, Canada, Australia and Norway in retaliation for Western sanctions over Moscow’s involvement in the Ukraine crisis.

Sep 16, 2014

Citing Ukraine tension, EU seeks more time for Opal gas pipeline decision

BRUSSELS (Reuters) – EU authorities, citing tension in Ukraine, have asked for a delay until at least the end of October on whether to allow Russia greater access to the Opal natural gas pipeline in northeastern Germany, a letter seen by Reuters shows.

Russian gas exporter Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) is currently allowed only limited access to the pipeline under a European Union law which seeks to prevent energy suppliers from dominating infrastructure.