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Keywords: Energy security
Romania’s parliament has criminalized violations of international sanctions, imposing prison sentences for individuals and companies that breach or circumvent restrictions. The changes mark a significant escalation in the government’s response to enforcement, upgrading prior fines to criminal......
Serbia’s only oil refinery, operated by the Russian-majority-owned Petroleum Industry of Serbia (NIS), has stopped processing crude oil due to halted supplies caused by US sanctions. The sanctions, which took full effect on October 8 following multiple postponements, have led to banks ceasing payment......
Greece will deliver American liquefied natural gas (LNG) to Ukraine this winter, providing crucial support as the country’s gas infrastructure continues to suffer from Russian strikes, according to officials from both nations. The Greek state-owned gas company DEPA and Ukraine’s Naftogaz......
The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......
More than 55% of Europe’s electricity grid is at risk of blackout without improved cross-border interconnections, according to a report published Wednesday by the energy think tank Ember. The study highlights how cross-border electricity links have played a crucial role in preventing or managing......
During trade negotiations in Stockholm, the Chinese Foreign Ministry sharply rejected U.S. demands to halt purchases of Russian and Iranian oil, despite threats of imposing tariffs as high as 100%. Beijing emphasized that safeguarding its energy supply remains a matter of national sovereignty. China......
Portugal is considering an electrical interconnection with Morocco as part of its €400 million energy security plan, aiming to strengthen its power grid and prevent major blackouts like the one that affected the Iberian Peninsula in June. During a press conference on Monday, Portugal’s Minister......
An economic expert, Yassin Alia, highlighted the key reasons for the UK government's decision to withdraw its support from the electric interconnection project with Morocco. He explained that this move reflects a shift in the UK's energy policy, despite the project having been promoted for years......
The European Investment Bank (EIB) has committed €1.6 billion to finance the Bay of Biscay electricity interconnection, a critical project aimed at strengthening energy links between Spain and France. This initiative comes in response to Spain’s calls for improved infrastructure following......
