EU Accepts Gazprom’s Post-Market Test Antitrust Commitments

EU Accepts Gazprom’s Post-Market Test Antitrust Commitments

The European Commission announced on May 24 that it has adopted a decision imposing a set of obligations on Russian energy giant Gazprom that address the Commission’s competition concerns and enable the free flow of gas at competitive prices in Central and Eastern European gas markets.

EU Urges Russia, Ukraine to Resume Trilateral Gas Talks

EU Urges Russia, Ukraine to Resume Trilateral Gas Talks

European Commission Vice President Maroš Šefčovič said on May 23 that the time has come for another round of trilateral talks with Russia and Ukraine to find a “Constructive and stable co-operation between Russia and Ukraine in the field of energy is of utmost importance for the European Union.”

EU to Invest €100 Million for Energy Efficient Homes in Germany

EU to Invest €100 Million for Energy Efficient Homes in Germany

The European Investment Bank (EIB) has signed a €100 million long-term loan with Vivawest, a German real estate company, to build 900 energy efficient homes in North Rhine-Westphalia, the European Commission said on May 22.

5+1 Meet in Vienna on Friday to Salvage the Iran Deal

5+1 Meet in Vienna on Friday to Salvage the Iran Deal

Tehran says that Europe is not doing enough to protect the 2015 nuclear deal. Still, in the absence of Washington from the negotiating table, Iran will meet with Russia, China, the UK, France and Germany in Vienna to see how to move forward with the 2015 framework agreement.

EU Takes Action to Protect Citizens from Air Pollution

EU Takes Action to Protect Citizens from Air Pollution

In an effort to improve the air quality for Europeans, the Commission adopted a Communication on May 17 entitled ‘A Europe that protects: Clean air for all’, which outlines measures available to help the EU Member States fight air pollution.

EU, OPEC Discuss Recent Market Developments

EU, OPEC Discuss Recent Market Developments

EU Commissioner for Budget and Human Resources Günther Oettinger and OPEC Secretary General Mohammad Sanusi Barkindo met in Vienna where they discussed global oil and energy issues and shared opinions from both the producer and consumer viewpoints, the oil cartel said in a press release.

Schwarzenegger, Šefčovič Lead R20 Efforts to Implement Paris Agreement

Schwarzenegger, Šefčovič Lead R20 Efforts to Implement Paris Agreement

European Commission’s Vice-President for the Energy Union Maroš Šefčovič joined forces at the R20 Austrian World Summit in Vienna with Arnold Schwarzenegger, the actor-turned-former-California governor, Austrian Chancellor Sebastian Kurz, and politician Elisabeth Köstinger to discuss leading the implementation of the Paris Climate Agreement.

EU Moves to Safeguard Interests in Iran After Threat of US Sanctions

EU Moves to Safeguard Interests in Iran After Threat of US Sanctions

Days after US President Donald J. Trump announced that he would buck international protocol and unilaterally pull the United States out of a landmark deal that helped curb Iran’s nuclear weapons programme, the European Union has been forced to ponder how it will respond to a threat issued by Trump’s White House on May 13 that Washington would impose stiff economic sanctions on European companies that continue to do business with Tehran.

Germany Cannot Protect Businesses Trading with Iran

Germany Cannot Protect Businesses Trading with Iran

The German government is recognizing that if Washington were to enforce secondary sanctions against companies trading with Iran, Berlin would be unable to defend them.

Cyprus, Greece, Israel Push Geo-Strategic Gas Exports to Europe

Cyprus, Greece, Israel Push Geo-Strategic Gas Exports to Europe

Greek Prime Minister Alexis Tsipras, his Israeli counterpart, Benjamin Netanyahu, and Cypriot President Nicos Anastasiades met in Nicosia on May 8 where they jointly applauded the geo-strategic cooperation between the three Mediterranean countries, including energy

EU Further Improves Car Emissions Tests

EU Further Improves Car Emissions Tests

The European Commission stated that the Member States agreed on the Commission’s latest proposal to strengthen car emissions testing while meeting at the Technical Committee of Motor Vehicles (TCMV).