Talks between European Union member states stall on the adoption of the eighteenth sanctions package targeting Russian oil, due to ongoing disagreements over the proposed price ceiling.
European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.
The Slovak government is seeking guarantees from the European Union to secure its supplies as talks continue over ending Russian gas and adopting a new round of sanctions.
European Union member states have requested to keep their national strategies for phasing out Russian gas by 2027 confidential, citing security concerns and market disruption risks, according to a document revealed by Reuters.
Sasol International Chemicals concludes a virtual contract with Akuo to supply half of the electrical needs for its Lake Charles industrial complex in the United States, via a solar plant scheduled for 2026.
Budapest and Bratislava jointly reject the European Commission's proposal to ban Russian energy supplies, highlighting significant economic risks and a direct threat to their energy security, days ahead of a key meeting.
Maire S.p.A and Newcleo form strategic partnership to industrialise the development of 200 MW modular nuclear power plants, via a joint venture majority-owned by Nextchem.
The European Commission is considering legal action over RED III delays, as regulatory uncertainty slows renewable hydrogen projects and Union-wide investment.
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
The Czech regulatory authority launches an investigation into suspected collusion involving several major actors in the awarding of a thermal power plant, putting transparency of a strategic transaction for the energy sector at stake.
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.
The suspension of the nuclear contract between KHNP and the Czech Republic has triggered intense reactions in South Korea, where the company and authorities express dissatisfaction with European legal and regulatory obstacles.
The European Commission has requested Prague to suspend the award of a CZK200bn contract to KHNP, citing suspicions of state aid that may breach European law.
Czech justice has suspended the signing of a major contract between Prague and South Korea’s KHNP, following a complaint by French group EDF challenging the fairness of the Dukovany nuclear project tender.
The Czech competition regulator has dismissed EDF’s appeal, confirming the selection of Korea Hydro & Nuclear Power for the construction of new nuclear capacity at Dukovany.
The Czech Republic has ended its dependency on Russian oil after more than six decades, a major shift made in response to Russia's invasion of Ukraine.
Siemens Energy has signed an agreement with Rolls-Royce to supply equipment for its modular nuclear reactors. The deal, which could be finalised by the end of 2025, includes steam turbines and generators.
