At today’s extraordinary meeting of the Oil Coordination Group, representatives from the European Commission, EU member states and the industry provided an update on the state of the EU’s oil supply security, as disruptions in the Middle East enter their sixth week. Industry representatives taking part in the discussion reported that, for the time being, […]
The Commission approves a Spanish state aid scheme to support the decarbonisation of heat used in industrial processes
The European Commission has approved, in accordance with EU state aid rules, a €50 million Spanish scheme to promote the decarbonisation of heat in industrial processes. This will be done through the ‘Auctions as a Service (AAAS)’ tool of the 2025 heat auction under the Innovation Fund. The Spanish scheme will support projects that decarbonise […]
The Commission is urging EU countries to start preparing for winter amid energy disruptions in the Middle East
In light of the market volatility caused by the conflict in the Middle East, the European Commission is urging EU countries to begin the gas storage season and make preparations in a coordinated and timely manner ahead of next winter. The EU’s energy supply security remains safeguarded at this stage thanks to its low dependence […]
The EU will invest €330 million to accelerate fusion energy and support nuclear technologies and skills.
The European Commission has taken a decisive step forward in the development of nuclear technologies with the adoption of the Work Programme for the Euratom Research and Training Programme2026–2027. By covering nuclear research and innovation, the Programme provides funding that complements Horizon Europe. The 2026–2027 Work Programme aims to strengthen the EU’s energy independence, competitiveness […]
Commission and IEA take stock of oil markets and measures to restore long-term stability and lower prices
In an extraordinary meeting last March 18, the International Energy Agency (IEA) Governing Board took stock of the latest situation on oil markets and its effect on prices and security of supply. In the discussion, the Commission welcomed the IEA-coordinated action to make around 400 million barrels of oil available to the global market to offset losses in supply and to instill stability. It has been […]
The Commission is providing an additional €189 million under the Reform and Growth Facility for Moldova
The European Commission hasreleased€189 million to Moldova under the Reform and Growth Facility, following the successful completion of 24 reforms. This highlights the significant progress the country has made on its path towards EU integration. Of this amount, €173 million will be paid directly into the state budget and €16 million will be used to […]
The Commission and EU countries coordinate and assess the situation on the oil and gas markets
Atseparatead hocmeetingsof the Gas Coordination Group and the Oil Coordination Group held yesterday, the Commission and EU countries coordinated and assessed the situation regarding the security of EU gas and oil supplies in view of the ongoing disruptions in the Middle East. During the exchange, EU countries confirmed that they do not see any risk […]
A stronger partnership between the EU and Canada amid global turmoil
In a report adopted on Wednesday, MEPs call for deeper cooperation between the EU and Canada to address security threats and boost trade amid growing geopolitical tensions. Given the current turmoil in the international order, the EU must take its strategic partnership with Canada to a new level, MEPs say, pointing to shared interests and […]
Commission launches EU Industrial, Maritime and Port Strategies to boost competitiveness across the maritime sector
The European Commission today adopted an EU Maritime Industrial Strategy and a Port Strategy to boost competitiveness,sustainability, decarbonisation, safety and resilience in the EU maritime sector. The Strategies focus on ports, maritime transport and shipbuilding. Europe is a continent with a large maritime fleet, with the largest collective maritime area in the world. Its maritime […]