EU

Former Austrian Foreign Minister Leaving Russian Oil and Gas Company

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Russian oil and gas company Rosneft announced that Ms. Karin Kneissl, former Foreign Minister of Austria, has resigned from the board of directors.

France: There is no such thing as Ukraine joining the EU quickly

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Ukraine's entry into the EU could take between 15 and 20 years, according to France's Minister for European Affairs.

Russia cuts power to another EU country

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Russia has stopped supplying electricity to Lithuania (Litvia) - an EU country - due to its inability to pay.

Russia plans to withdraw from WHO, WTO

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The proposal to end Russia's membership in the WHO and WTO has been sent to parliament.

Israel - Turkey could "rescue" Europe from dependence on Russian gas

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Europe is looking for an alternative to Russian gas, the Turkish press reported.

Russia cuts off Finland's power

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Russian energy supplier RAO Nordic has stopped selling electricity to Finland since May 14 due to payment issues.

EU to issue decision on Ukraine admission

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The Next Level in EU History will be written by Ukrainians, according to the European Commission President.

An EU country strongly opposes the ban on Russian oil

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The EU has so far failed to reach an agreement on a new package of sanctions against Russia, as Hungary continues to protest Russia's ban on oil imports.

Austria: There is no such thing as Ukraine joining the EU soon

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It will take more than 10 years for Ukraine to join the EU, according to Austrian EU Affairs Minister Karoline Edtstadler.

Germany could face serious difficulties if EU bans Russian oil

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German Economy Minister Robert Habeck warned that eastern Germany will face a shortage of gas if the EU passes the ban on Russian oil imports.

World oil price increases by more than 5 USD

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In this morning's trading session (May 5, Vietnam time), oil prices increased by more than 5 USD when the market grasped information that the European Union (EU) banned Russian oil imports in stages.

New oil and gas market for both Russia and the EU

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Both Russia and the EU are heading towards Africa, where emerging oil and gas suppliers are expected to replace Moscow in Europe, while Russia looks to expand investment in the black continent.

EU may exempt 2 member states from Russian oil embargo

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The European Commission is proposing a blockade of Russian oil, but could exempt Hungary and Slovakia to reach EU consensus.

How does Europe manage without Russian gas?

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Russia cuts gas to Poland and Bulgaria as the two countries refuse to pay in rubles amid a headache over the energy problem in Europe.

EU law circumvention to import Russian gas

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The EU increases imports of Russian gas through countries ready to pay in rubles.