Miguel Arias Cañete

The European Union (EU) needs a wider range of financial instruments to provide incentives to promote private investment in needed technological innovations, including increased funding for R&D and innovation, Romania's Minister for the Environment Gratiela Gavrilescu said at a joint news conference with European Commissioner for Climate Action and Energy Policy Miguel Arias Canete, at Parl

Representatives of the European Commission, Russia and Ukraine will talk today on gas issues despite the forthcoming two-month holiday of the EU Energy Commissioner Maroš Šefčovič, TASS reported.

The EU's dependence on gas imports will increase to 83% in 2040 compared to the current 70%. This was stated by EU Commissioner for Energy and Climate Miguel Arias Cañete in the European Parliament's plenary session in Strasbourg on Thursday.

Bulgaria has received permission from the European Commission for the supplies of Russian gas to the Balkan gas distribution center, the Ministry of Interior announced, quoted by BNR.

European Commissioner for Climate Action and Energy Miguel Arias Cañete is in Athens where he is holding negotiations with the Greek government on key energy projects.

The interconnector Greece - Bulgaria is among these projects.

Bulgaria's government on Thursday announced the gas hub Bulgaria was intending to build near Varna, at the Black Sea, would bear the name "Balkan".

A cabinet statement issued Thursday coincides with a meeting of Energy Minister Temenuzhka Petkova and Klaus-Dieter Borchardt, Director Internal Energy Market at the European Commission's Directorate-General for Energy.