Ewa Krukowska

1 week ago | news.bloombergtax.com | Ewa Krukowska |Jorge Valero

The European Union plans to outline steps to phase out Russian fossil fuels in early May, seeking to reconcile its political objective of reducing import dependence on Moscow with the need to lower energy costs for industry. Publication of the road map, originally due earlier this year, was delayed as the EU weighed the impact of America’s harsher stance on Ukraine and efforts to maintain unity among nations in the bloc.

1 week ago | financialpost.com | Ewa Krukowska |Jorge Valero

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1 week ago | bloomberg.com | Ewa Krukowska |Jorge Valero

(Bloomberg) -- The European Union plans to outline steps to phase out Russian fossil fuels in early May, seeking to reconcile its political objective of reducing import dependence on Moscow with the need to lower energy costs for industry. Publication of the road map, originally due earlier this year, was delayed as the EU weighed the impact of America’s harsher stance on Ukraine and efforts to maintain unity among nations in the bloc.

1 week ago | energyconnects.com | John Ainger |Ewa Krukowska

European Union member states backed more flexible rules for filling gas storage before winter, amid criticism that current targets artificially raise prices. Ambassadors from the bloc’s 27 member states meeting in Brussels Friday signed off on a joint push for a 10 percentage-point deviation until 2027 from rules that require tanks to be 90% full by winter.

1 week ago | bloomberg.com | John Ainger |Ewa Krukowska

Transport pipes at the Teplarna Kladno sro power station in Kladno, Czech Republic, on Friday, Jan. 3, 2025. The coldest spell so far this winter is likely to push up heating demand in Europe, tapping into gas reserves that have fallen below 75%. Photographer: Milan Jaros/Bloomberg(Bloomberg) -- European Union member states backed more flexible rules for filling gas storage before winter, amid criticism that current targets artificially raise prices.