The members of the G20 are not united in their dealings with Russia. A sign of greater credibility is urgently needed, since the threat of war to people and economies worldwide is immense. At the upcoming meeting, the finance ministers should at least agree on the source of the problem.
By Redaktion Table
Germany and other member states are preparing for Russia to cut gas supplies due to the ruble dispute. A phone call between the German chancellor and the Russian president did not resolve the ongoing payment issue.
By Till Hoppe
As early as this year, the Commission wants to reduce the EU's dependence on Russian gas by two-thirds. Gas storage facilities are to be considered critical infrastructure throughout Europe in the future. Brussels issues a thinly-veiled threat to the operator Gazprom.
By Manuel Berkel
Talks about a possible import ban on Russian oil caused the price to climb to almost $140 per barrel almost overnight. However, the German government reiterated its rejection of an embargo. However, the dismissals have increasingly severe consequences, and Shell is restricting the sale of oil products in Germany.
By Manuel Berkel
The EU has decided to impose sanctions on the Russian oil and gas industry. Technical equipment for the energy sector is affected. In Germany, meanwhile, compensation for further increases in energy prices is being discussed.
By Lukas Knigge
In the fight against high gas prices, the EU Commission is backing a subsidy and demand strategy. Member states and operators are to be obliged to achieve a minimum gas storage level by September 30 of each year. However, in the draft communication on energy prices, the authority also points the way to financial incentives. States are also to double biogas production by 2030.
By Manuel Berkel
