EU

The European Union’s chief executive has called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions over the war in Ukraine. European Commission President Ursula von der Leyen told EU lawmakers on Wednesday that she envisions member nations phasing out imports of crude oil within six months and refined products by the end...

In a call with German Chancellor Olaf Scholz, Russia’s Vladimir Putin said European firms could continue paying for gas supplies in euros or dollars.

Finance, geopolitics and cybersecurity will all be crucial in determining the scope and success of any energy transition.

There are rapidly rising concerns over what Russia’s unprovoked invasion of Ukraine will mean for European economies.

European Council President Charles Michel and European Commission President Ursula von der Leyen are speaking Friday with China’s Prime Minister Li Keqiang and Chinese President Xi Jinping.

Two weeks to go to the first round of France’s presidential election and the political debate is heavily focused on Russia’s invasion of Ukraine.

EU leaders had one message for Beijing as they gathered in Brussels to discuss new sanctions against Russia: stop President Vladimir Putin.

The European Union is unlikely to impose an immediate oil embargo on Russia over its unprovoked invasion of Ukraine, according to two CNBC sources with knowledge of the discussions.

Northvolt is not unique in wanting to establish a gigafactory in Germany.

The former German leader was known for speaking Russian and keeping diplomatic ties with Putin.

The footprint of tidal stream and wave projects remains very small compared to other renewables.

The 27-member bloc has been heavily criticized for being too reliant on Russia for energy, especially in the wake of Russia’s unprovoked attack on Ukraine.

The European Union is debating new sanctions against Russia — and this time they could hit the energy sector.

President Emmanuel Macron confirmed Thursday that he will run for a second term as the French leader.

“Nobody is under any illusions anymore,” Fatih Birol, the IEA’s executive director, said in a statement Thursday.

Swiftly allowing Ukraine to join the European Union would send a clear message to Russia’s Vladimir Putin, a Ukrainian lawmaker told CNBC Wednesday.

Hungary’s Viktor Orban has had a week of sharp reversals and swift political retreats.

Prominent politicians have been ripping up decades-old policy doctrine in just a few days.

The EU, G-7, Allies, and partners are united in denouncing Russia’s premeditated, unprovoked and unjustified attack against Ukraine.

Citing high vaccination rates and the mildness of most omicron infections, Europeans nations are dropping rules deemed no longer effective against Covid-19.