ENERGY

Moldova: a two-month energy emergency due to Russian strikes on key Ukrainian power line

On Tuesday, the Parliament of Moldova voted to declare a state of emergency in the country's energy sector following recent Russian strikes on Ukraine's...

EU offers to finance repairs to the Druzhba pipeline to resolve the recent dispute between Ukraine and Hungary

European Union officials announced on Tuesday their proposal to provide financial assistance to Ukraine to repair a damaged pipeline that transports crude oil to...

Germany and Austria to release their reserve oil in an attempt to stabilise rising prices

Germany and Austria have announced they will release parts of their oil reserves following a request from the International Energy Agency (IEA) for its...

European Commission is working to lower energy prices

The European Commission unveiled a new plan to help member states invest in clean energy, as the ongoing war in Iran underscores the dangers...

Orbán introduces a price cap on gasoline and diesel in Hungary

Hungary's government announced a price cap on gasoline and diesel at fueling stations, effective at midnight local time, Prime Minister Viktor Orbán stated on...

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