BRUSSELS (Reuters) – The European Union will launch a legal attack on Russian gas giant Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) this week, ramping up tensions with Moscow, when antitrust agents will accuse it of overcharging buyers in eastern Europe, EU sources told Reuters on Monday.
Russia’s state-controlled biggest company, a vital supplier of energy to Europe despite frequent political disputes, could receive a full charge sheet from European Competition Commissioner Margrethe Vestager on Wednesday, one source said.
RIGA, April 15 (Reuters) – Bulgaria is about to open a
licensing round for oil and gas in the Black Sea as it seeks to
turn itself into an energy hub and redraw the European pipeline
map to curb the country’s dependence on Russia, a senior
official said on Wednesday.
Bulgaria was among the countries locked into Russia’s
abandoned South Stream project that would have delivered gas
directly to the European Union, bypassing Ukraine, traditionally
a main transit route.
RIGA, April 14 (Reuters) – EU officials are holding talks
with a range of non-Russian suppliers and one day could buy gas
from Iran, Europe’s climate and energy chief said on Tuesday,
setting aside a Gazprom warning that Europe should not
block its gas strategy.
Russia’s Gazprom on Monday said blocking its Turkish Stream
pipeline to bypass Ukraine would be “a serious mistake”.
RIGA, April 14 (Reuters) – The Baltic states’ goal of
integrating with Europe’s power grid risks cutting off an
exclave of Russian territory, tightening nerves already
stretched by the Ukraine crisis.
The grid plan would take at least a decade, but if carried
out in full would leave Kaliningrad, a strategic chunk of
territory sandwiched between Poland and Lithuania — and home to
Russia’s Baltic Fleet — without a power network.
BRUSSELS, April 14 (Reuters) – EU politicians backed a deal
on Tuesday to limit the amount of crop-based biofuel that can be
used in the transport sector, drawing a line under years of
debate over a fuel source criticised for doing more harm than
Green campaigners and representatives of a new generation of
biofuels complained that the deal did not go far enough, but
said that it nonetheless marked recognition that the European
Union must look beyond using food for fuel.
BRUSSELS (Reuters) – Ukraine’s Naftogaz [NAFTO.UL] Chief Executive Andriy Kobolev will seek rapid progress on a deal to secure gas from Russia for the next 12 months in talks brokered by the European Commission in Berlin next week.
Last week, Ukraine signed an interim three-month deal for cheaper supplies of gas from Russia, providing breathing space for both sides in their protracted wrangle over pricing..
BRUSSELS, April 8 (Reuters) – Evidence is mounting that
widely-used pesticides harm moths, butterflies and birds as well
as bees, adding to concerns crop production could be hit by a
shortage of pollinators, according to a report drawn up for EU
The European Commission, the EU executive, placed
restrictions on three neonicotinoid pesticides from Dec. 1,
2013, citing worries about their impact on bees, but said it
would review the situation within two years at most.
BRUSSELS, April 1 (Reuters) – Smart grids balancing
intermittent solar and wind energy with flexible power demand
could do for Europe what shale gas has done for the United
States, a senior European Union official said on Wednesday.
European Commission Vice President Maros Sefcovic said
smart grids are crucial for EU single energy market plans as
they could integrate more renewables into electricity networks,
boost security of supply and help lower prices for consumers.
BRUSSELS, April 1 (Reuters) – The European Commission plans
to introduce stress tests for the power sector next year along
the lines of those carried out for the EU gas sector, Europe’s
energy boss said on Wednesday.
On Tuesday, a major power outage hit Turkey, including the
capital Ankara, and for Europe the issue was highlighted last
week when the Amsterdam region suffered a blackout of more than
BRUSSELS (Reuters) – The European Commission is aiming to broker more talks between Russia and Ukraine this month to try to extend a discount on gas prices for Kiev, Commission Vice President Maros Sefcovic said on Wednesday.
Russia, Ukraine and the European Commission held preliminary talks in Brussels last month.