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China Vows to Regulate Irrational Competition in EV Industry

China Vows to Regulate 'Irrational' Competition in EV Industry

Πεμ, 17 Ιουλίου 2025 - 11:09

China's cabinet on Wednesday pledged to regulate what it called "irrational" competition in the country's electric vehicle industry, vowing to strengthen cost investigation and price monitoring, according to state broadcaster CCTV

OPEC Crude Oil Production up by 220,000 Barrels per Day in June 2025

OPEC Crude Oil Production up by 220,000 Barrels per Day in June 2025

Τετ, 16 Ιουλίου 2025 - 09:38

Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) rose by 220,000 barrels per day (bpd) in June compared to the previous month, reaching 27.23 million bpd, according to the group's latest Monthly Oil Market Report

Iran Says It Will Respond to Reimposition of UN Sanctions

Iran Says It Will Respond to Reimposition of UN Sanctions

Τρι, 15 Ιουλίου 2025 - 07:51

Iran will react to any reimposition of United Nations sanctions over its nuclear programme, the country's foreign ministry spokesperson said on Monday, without elaborating on what actions Tehran might take

EU Envoys Near Agreement on Lower Russian Oil Price Cap

EU Envoys Near Agreement on Lower Russian Oil Price Cap

Δευ, 14 Ιουλίου 2025 - 09:19

European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of Ukraine that would include a lower price cap on Russian oil, four EU sources said after a Sunday meeting

EU Nations Want Gas Exit Strategies Kept Secret

EU Nations Want Gas Exit Strategies Kept Secret

Παρ, 11 Ιουλίου 2025 - 10:57

European Union member states have asked the European Commission to keep secret their national strategies for phasing out Russian oil and gas by the end of 2027

Bulgaria-Romania Exit Point Books 70% in Bulgartransgaz Capacity Auction

Bulgaria-Romania Exit Point Books 70% in Bulgartransgaz Capacity Auction

Τετ, 9 Ιουλίου 2025 - 08:39

Bulgarian gas transmission operator Bulgartransgaz said on Tuesday that the Kardam-Negru Voda exit point from Bulgaria to Romania has attracted the strongest interest in an auction for firm yearly capacity in 2025–2026, securing over 70% of the offered capacity and double last year's amount

Far-Right Lawmakers to Lead EU Negotiations on New Climate Target

Far-Right Lawmakers to Lead EU Negotiations on New Climate Target

Τετ, 9 Ιουλίου 2025 - 08:32

The far-right Patriots for Europe group will lead the European Parliament's work on the bloc's new climate target, European Union lawmakers said on Tuesday, a role that could complicate a deal on the goal to cut greenhouse gas emissions by 90% by 2040