BRUSSELS, Dec 4 (Reuters) – Gazprom’s giant South
Stream gas project cannot operate on EU territory unless it
complies with the bloc’s energy law, and it could take years to
do so, the European Commission said on Wednesday.
EU law does not allow energy suppliers to own the pipelines
they use for shipment, but Russia’s gas export monopoly still
has forged ahead with its multi-billion-euro South Stream
pipeline into southeastern Europe, avoiding Ukraine.
BRUSSELS, Dec 2 (Reuters) – EU regulators are likely to open
a formal investigation into whether Britain’s offer of state
guarantees, to help finance a nuclear plant to be built by
France’s EDF, conform with the bloc’s rules, its
competition commissioner said on Monday.
Britain in October signed a deal with EDF to build a nuclear
plant at Hinkley Point in southwest England and became the first
European country to offer a guaranteed power price over 35 years
for a new nuclear project.
BRUSSELS (Reuters) – EU policymakers have bowed to industry concerns about the cost of environment policy without even exploring the potential for deeper emissions cuts, green energy groups said in a letter to the European Commission.
The Commission, the EU executive, is expected to unveil in January its vision on 2030 energy and environment policy to follow 2020 goals on cutting carbon emissions, improving energy efficiency and increasing use of renewable power.
BRUSSELS, Nov 29 (Reuters) – Europe’s energy prices will
stay up to three times higher than in the United States for the
next 20 years, unless the region can develop domestic supplies
and increase efficiency, the International Energy Agency’s chief
Concern among EU nations about the impact of energy costs on
their already suffering industry is intensifying, with some
member states debating a freeze on prices and stripping away
BRUSSELS, Nov 27 (Reuters) – The European Commission will
unveil the results of a study of the EU laws governing refiners
by September 2014, officials said on Wednesday, raising concerns
it will be too late to prevent new legal burdens on the
As profit margins have shrunk, Europe’s refineries have been
closing units and shutting capacity faster than demand in the
mature market has contracted. Official EU data showed refining
activity in October fell to its lowest level in 25 years.
BRUSSELS (Reuters) – The European Union on Tuesday agreed a compromise to enforce stricter rules on carbon dioxide emissions for EU cars, ending months of wrangling after Germany insisted an earlier deal was torn up.
The new outline agreement delays 100 percent implementation of a limit of 95 grams of carbon dioxide per kilometer (CO2/km) for all new cars until 2021 from a previous deadline of 2020.
LONDON/BRUSSELS (Reuters) – A weak deal at U.N. climate talks in Warsaw underlines how hard it will be for EU leaders to forge an agreement on 2030 environment and energy goals early next year as some governments and businesses seek to place economics first.
EU envoys, who have long sought to lead the climate debate, hoped to persuade all countries to propose emission commitments in 2014 in the run-up to signing a global pact to tackle climate change in Paris in December 2015.
LONDON/BRUSSELS, Nov 26 (Reuters) – A weak deal at U.N.
climate talks in Warsaw underlines how hard it will be for EU
leaders to forge an agreement on 2030 environment and energy
goals early next year as some governments and businesses seek to
place economics first.
EU envoys, who have long sought to lead the climate debate,
hoped to persuade all countries to propose emission commitments
in 2014 in the run-up to signing a global pact to tackle climate
change in Paris in December 2015.
BRUSSELS, Nov 19 (Reuters) – Pipeline operators in Ukraine
and Slovakia are on the verge of signing a deal that will allow
the European Union to ship gas through Slovakia to Ukraine,
reducing Kiev’s dependence on Russia, the European Commission
and Ukraine said on Tuesday.
The pipeline flow agreement could also help to bring about a
historic partnership agreement between the EU and Ukraine, which
both Russia and the EU are vying to tie into their respective
spheres of influence.
BRUSSELS, Nov 14 (Reuters) – Europe’s abdication from
climate leadership would stunt growth in the region and hand a
huge economic advantage to China and the United States as they
carve out their share of a multi-billion low-carbon market, a
German thinktank said on Thursday.
The report’s release coincides with U.N. climate talks
running until the end of next week.