Dan Jørgensen
Photo: © European Union, 2026, CC BY 4.0 (Wikimedia Commons, cropped)
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- 2d ago
Portugal says it has released all its strategic oil reserves under its 11 March commitment
The Ministry of Environment and Energy says the release under its 11 March commitment is complete, while Epcol sees no imminent fuel supply risk this winter.
- 2d ago
European gas tops €100/MWh for first time since 2022 as Brent hits $112 on Iran tensions
Concern about renewed US strikes on Iran and thinner gas storage pushed European gas above €100/MWh on 30 October 2026, the highest level since late 2022. Brent crude also climbed past $112 a barrel.
- 2d ago
Twelve EU countries to release 42.6 million barrels of oil and diesel from reserves
The release follows a G7 pledge of up to 100 million barrels, and France alone will put 10 million barrels of diesel on its market in the coming days.
- 3d ago
EU energy ministers split on network charges and methane rule delay
Nearly ten member states challenged the Commission's network charge proposal at the EU Energy Council in Luxembourg on 29 October 2026. Ministers also remain divided on how long to delay tighter methane rules, as the Middle East crisis keeps gas and fuel prices high.
- Oct 14
EU proposes one-year delay to methane rules for oil, gas and coal imports
The European Commission wants importers of oil, gas and coal to meet EU methane monitoring duties in early 2028 instead of from January 2027. Parliament and member states must now negotiate the proposal, which cites pressure on energy supply and prices.
- Oct 9
EU gas storage at 72% on 1 October, with winter supply depending on LNG imports
ENTSOG says the EU can meet winter gas demand, but storage stands at 72% and could fall well below 30% if LNG deliveries stay limited.
- Oct 6
EU proposes one-year delay on methane import rules to curb energy costs
European Commission President Ursula von der Leyen announced that foreign gas exporters will receive an additional year to comply with EU methane emission standards, pushing back the January 2027 deadline.
- Oct 6
Von der Leyen rejects blanket subsidies as EU fossil import bill rises €100B
European Commission President Ursula von der Leyen addressed the European Parliament on Tuesday, urging member states to avoid broad handouts and deploy targeted vouchers as fossil fuel import costs climb by €100 billion.
- Oct 6
Von der Leyen resists budget cuts and proposes centralized EU energy purchasing
European Commission President Ursula von der Leyen rejected demands from Germany and five allies for deep cuts to the 2028–2034 budget while announcing a centralized gas-buying mechanism ahead of the mid-October European Council summit.
- Oct 1
Norway readies winter gas exports to Europe as Gassco completes pipeline maintenance
Pipeline operator Gassco completed annual maintenance across Norway's 8,800-kilometre export network, confirming readiness for winter gas demand as European storage levels remain below average.
- Oct 1
EU lowers gas storage targets to 80% as ministers meet in Dublin over winter supply risks
European energy ministers met in Dublin on 30 September to mitigate potential fuel shortages, after summer drought and Middle East disruptions reduced gas storage reserves.
- Sep 30
Portugal reports 3.6% inflation in September as government limits energy relief
Statistics Portugal reported a 0.3 percentage point inflation increase driven by fuel costs, while ministers pledged fiscal discipline and targeted sector aid.
- Sep 30
EU warns of high winter energy prices and weighs one-year delay on methane import rules
European Energy Commissioner Dan Jorgensen warned that Europe faces very high energy prices this winter, prompting Brussels to propose postponing methane import rules to 2028.
- Sep 21
EU proposes A-to-G energy and water efficiency labels for data centres
The European Commission proposed an A-to-G rating scheme requiring facilities above 500 kilowatts to report energy and water efficiency to an open EU database starting in 2027.
- Sep 4
European Commission drafts rules to cap short-term rentals in housing crisis zones
The European Commission has drafted the Affordable Housing Act, introducing uniform metrics that allow municipalities across the 27 member states to restrict tourist rentals and secondary home sales.
- Jun 18
US-Iran preliminary agreement reopens Strait of Hormuz, oil prices fall; Israel continues Lebanon operations
Hours after Donald Trump signed a preliminary peace deal with Iran, Saudi Arabian supertankers carrying 6 million barrels of crude crossed the Strait of Hormuz, signaling the first major easing of the wartime blockade that upended global energy markets.
