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BRUSSELS (Reuters) -European Union increased imports from Russia of nuclear fuel and services for the bloc's Russian-designed reactors again in 2023 compared to 2021, the year before Moscow ...
With European policy-makers deciding to replace Russian fossil fuel imports with other fossil fuels imports and European coal energy production and to subsidize fossil fuel companies for reduced prices, [89] [90] as well as due to Russia being "a key supplier" of materials used for "clean energy technologies", the reactions to the war may also ...
The ban on coal, the first the EU has so far imposed on any energy import from Russia, will be fully effective from the second week of August. EU slashes 10% of Russian imports with new sweeping ...
The European Union is facing a crisis: how to replace the 40% of its natural gas that it sources from Russia. Reversing course is no easy matter, given that the 27-country EU spends roughly $300 ...
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [ 32 ] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [ 33 ]
Russia charged an export duty on oil products, in May 2023 Light Oil products was $4.2 per tonne (compared to $12.9 in December 2022), Naphtha duty was $7.9 and gasoline $4.3 per tonne. [19] From 1 January 2024 the export duty fell to zero as Russia changed the taxation system to add oil to the Mineral Extraction Tax regime. [20]
European diesel imports from Russia are set to fall in April but will still exceed those from other regions, highlighting the challenge European governments face as they contemplate new sanctions ...
Since the 2022 Russian invasion of Ukraine, the European Union, the G7 nations and Australia have imposed sanctions on Russia. The sanctions on oil began in December 2022 and included an embargo of Russian oil, namely, the bringing of crude oil and refined oil products from Russia to the EU and other G7 nations by ship, with a few exceptions ...