News
Ukraine signs €11bn in reconstruction deals at Rome URC2025 conference
Ukraine signed close to 200 agreements and memorandums totalling €11bn during the Ukraine Recovery Conference 2025 (URC2025) held in Rome, according to Minister of Economy Yulia Svyrydenko.
EC proposes floating Russian oil cap rate at 15% below global price
The European Commission has proposed a floating price cap on Russian crude oil set at 15% below the average global market price over the previous three months, European Union diplomats said on July 11.
Japan, France call for downgrading ties with the US as tariff hikes loom
Japanese Prime Minister Shigeru Ishiba said at the end of last week his country needs to “wean itself from US dependence” in such key areas as security, food and energy.
Saudi Arabia signs $8.3bn renewable energy deals with ACWA Power consortium
Saudi Arabia signed power purchase agreements worth $8.3bn for seven renewable energy projects with a total capacity of 15 GW on July 13.
Slovakia seeks EU guarantees on Russian gas phase-out ahead of sanctions deal
Slovakia is pushing for firm guarantees from the European Commission and key EU member states over the future of its energy security, as it links this condition to its support for a fresh round of sanctions on Russian gas imports.