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Top StoriesItaly’s Draghi Thanks Japan for Redirecting Gas Cargoes to Europe
Top StoriesEU Proposes to Ban in a Month’s Time Shipping, Financing Services for Russian Oil – Source
Top StoriesOil Jumps 4% as EU Proposes Ban on Russian Oil
Top StoriesEU Plans to Cut Unneeded Medical Tests With Data Health Plan
Total’s German Leuna Refinery to Continue Russian Crude Imports in May – Sources
Date: May 3, 2022
(Reuters) – TotalEnergies’ 240,000 barrels per day Leuna refinery in Germany is set to continue to import Russian crude oil via the Druzhba pipeline at least throughout May, according to two sources with knowledge of the matter. Germany is trying to wean itself off Russian crude oil, which feeds not only Leuna but also the...
Google Urges Court to Scrap $1.6 Billion EU Antitrust Fine
Date: May 2, 2022
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering rivals in online search advertising. The case is one of three that has resulted in a total of 8.25 billion euros in...
EU May Offer Hungary, Slovakia Exemptions From Russian Oil Embargo
Date: May 2, 2022
By Jan Strupczewski and Kate Abnett BRUSSELS (Reuters) -The European Commission may spare Hungary and Slovakia from an embargo on buying Russian oil, now under preparation, wary of how dependent the two countries are on Russian crude, two EU officials said on Monday. The Commission is expected to finalise on Tuesday work on the next,...
EU to Suspend Tariffs on Ukraine Imports for One Year, Kyiv Grateful
Date: April 28, 2022
BRUSSELS (Reuters) -The European Commission proposed on Wednesday a one-year suspension of import duties on all Ukrainian goods not covered by an existing free trade deal to help the country’s economy during the war with Russia. The measures will apply in particular to fruit and vegetables, subject to minimum price requirements, agricultural products facing quotas,...
EU to Suspend Tariffs on Ukraine Imports for One Year, Kyiv Grateful
Date: April 27, 2022
BRUSSELS (Reuters) -The European Commission proposed on Wednesday a one-year suspension of import duties on all Ukrainian goods not covered by an existing free trade deal to help the country’s economy during the war with Russia. The measures will apply in particular to fruit and vegetables, subject to minimum price requirements, agricultural products facing quotas,...
What Is the EU’s Stance on Russia’s Roubles Gas Payment Demand?
Date: April 27, 2022
By Kate Abnett BRUSSELS (Reuters) – Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand that European buyers start paying for Russian gas in roubles. The European Commission has said countries should not pay in roubles, and that complying with Russia’s request could breach European Union sanctions against Moscow over...