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Page 24 - European Union

Oil prices settle up ahead of US driving season, EU embargo decision

"Demand is strong with products leading the way, especially gasoline which dragged crude oil up with it," said John Kilduff, a partner at Again Capital LLC.

Oil prices settle up ahead of US driving season, EU embargo decision
Updated On : 28 May 2022 | 5:43 PM IST

Crude oil prices increase supported by the prospect of a tight market

EU nations are negotiating deal on Russian oil sanctions that would embargo shipment deliveries but delay sanctions on oil delivered by pipeline to win over Hungary and other landlocked member states

Crude oil prices increase supported by the prospect of a tight market
Updated On : 27 May 2022 | 11:52 PM IST

GAIL says it's open to buying Russian oil-gas assets if offered good deal

GAIL is considering buying gas from challenging local fields to address surging local demand for natural gas, including striking long-term liquefied natural gas import deals with global companies

GAIL says it's open to buying Russian oil-gas assets if offered good deal
Updated On : 27 May 2022 | 8:49 PM IST

EU may clinch summit deal to sanction Russian oil shipments, says official

Hungary's resistance to oil sanctions - and the reluctance of a handful of other countries - has held up implementation of a sixth package of sanctions by the 27-member EU against Russia

EU may clinch summit deal to sanction Russian oil shipments, says official
Updated On : 27 May 2022 | 6:17 PM IST

WEF 2022: As NATO looks to expand, many may still wonder how does bloc work

The benefit of NATO membership is therefore primarily preventative. A sort of insurance policy for sovereignty, with premiums paid through a commitment to cooperate

WEF 2022: As NATO looks to expand, many may still wonder how does bloc work
Updated On : 27 May 2022 | 4:25 PM IST

Russia-Ukraine conflict: Everything that you need to know right now

President Zelenskiy complained about divisions inside the European Union over more sanctions against Russia and asked why some nations were being allowed to block the plan

Russia-Ukraine conflict: Everything that you need to know right now
Updated On : 27 May 2022 | 10:32 AM IST

Britain's regulator launches second probe into Google's ad practices

The Competition and Ma­rkets Authority's (CMA) latest probe follows its investigation into Google and Faceb­ook owner-Meta's "Jedi Blue" agreement earlier this year

Britain's regulator launches second probe into Google's ad practices
Updated On : 27 May 2022 | 12:42 AM IST

Will formally launch free trade negotiations with India very soon: EU

European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis has said the EU will formally launch negotiations for the proposed free trade agreement with India "very soon"

Will formally launch free trade negotiations with India very soon: EU
Updated On : 26 May 2022 | 11:45 PM IST

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply

NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine.

Oil prices jump 3% to 2-month high as EU seeks to ban Russian supply
Updated On : 26 May 2022 | 11:16 PM IST

WEF 2022: EU CEOs step up action plan on energy and food security

CEO Action Group renewed its commitment to a 55 per cent emissions reduction target by 2030

WEF 2022: EU CEOs step up action plan on energy and food security
Updated On : 26 May 2022 | 5:12 PM IST

WEF 2022: 'New dawn' for Europe as Russia-Ukraine conflict strengthens EU

World Economic Forum (WEF) 2022: ECB President Christine Lagarde said the Ukraine war has revealed how powerful Europe is collectively

WEF 2022: 'New dawn' for Europe as Russia-Ukraine conflict strengthens EU
Updated On : 26 May 2022 | 10:38 AM IST

Mirage or oasis?

India could drink sustainably from the spring-wells of development

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Updated On : 25 May 2022 | 10:46 PM IST

Palestinian Prez, EU parliament Prez discuss Palestine-Israel conflicts

Palestinian President Mahmoud Abbas has met with European Union (EU) parliament President Roberta Metsola on the ongoing escalating conflicts between Palestine and Israel

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Updated On : 25 May 2022 | 12:22 PM IST

Oil retreats as China's stimulus package fails to allay concerns

Beijing rolls out measures to try to support Covid-hit economy

Oil retreats as China's stimulus package fails to allay concerns
Updated On : 25 May 2022 | 2:18 AM IST

Ukraine, Poland agree on joint customs control to ease border movement

Most Ukrainian refugees fleeing the war, have crossed to the European Union through border points in Poland, Slovakia, Hungary and Romania

Ukraine, Poland agree on joint customs control to ease border movement
Updated On : 23 May 2022 | 9:02 AM IST

Ukraine gets 2nd tranche of $634 mn from EU financial assistance programme

Ukraine has received the second tranche of 600 million euros (634 million U.S. dollars) of the European Union's (EU's) emergency macro-financial assistance program, the Ukrainian Finance Ministry said

Ukraine gets 2nd tranche of $634 mn from EU financial assistance programme
Updated On : 21 May 2022 | 9:39 AM IST

Finland says Russia suspending natural gas supplies after NATO application

Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused to pay in rubles, the Finnish state-owned energy company said on

Finland says Russia suspending natural gas supplies after NATO application
Updated On : 20 May 2022 | 7:56 PM IST

4 EU states sign declaration to provide green electricity to 230 mn houses

Denmark, Germany, Belgium and the Netherlands signed a number of bilateral declarations, including goals for green hydrogen, and the creation of more energy islands in the North Sea

4 EU states sign declaration to provide green electricity to 230 mn houses
Updated On : 19 May 2022 | 8:10 AM IST

EU lays plan to end by 2027 bloc's reliance on Russian oil and gas

The EU got 22 per cent of its gross final energy consumption from renewable sources like wind, solar and biomass in 2020

EU lays plan to end by 2027 bloc's reliance on Russian oil and gas
Updated On : 19 May 2022 | 1:09 AM IST

NATO talks with Finland, Sweden falter but will continue in coming days

NATO envoys failed to reach a consensus on Wednesday about whether to start membership talks with Finland and Sweden, diplomats said, as Turkey renewed its objections to the two Nordic countries

NATO talks with Finland, Sweden falter but will continue in coming days
Updated On : 18 May 2022 | 9:22 PM IST