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The Latest Breaking News from Dan Jørgensen

How long can the EU’s oil reserves last?

The 400 million barrels of oil released by the International Energy Agency — of which 92 million barrels were contributed by 20 EU countries — could last about five months, according to analysts. The bloc also relies on storage reserves.

Euronews

Will the Iran war threaten the EU's green transition?

The European Union's climate ambitions could be delayed as the war against Iran is driving energy prices through the roof and raising questions of supply security. EU leaders maintain the conviction that the path to energy independence lies in more clean power and less reliance on fossil fuels.

Euronews

EU capitals 'should drive response' to the Iran energy shock, Polish official tells Euronews

Poland’s Secretary of State at the Energy Ministry, Wojciech Wrochna, has called for “flexibility”, while the European Commission maintains that a coordinated response is necessary.

Euronews

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EU warns oil and gas prices will not immediately return to normal even if the Iran war ends

The EU has warned that oil and gas prices will not go down any time soon, even if the Iran war ends, citing pressure on fuel supplies and tight global markets, as it prepares support measures for households and businesses.

Euronews

European Commission Warns Citizens to Prepare For Energy Crisis Because of Iran War

EU Energy Commissioner Dan Jørgensen encouraged EU citizens to work from home where possible, reduce highway speed limits by ten kilometers, encourage public transport, and alternate private car access.

International Business Times

Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warns

The European Union's energy commissioner says skyrocketing oil and gas prices in Europe as a result of the ongoing Iran war won’t return to normal levels any time soon, even if peace is declared tomorrow

The Independent UK

Jørgensen urges cohesive national responses to avoid energy market disruptions

Energy Commissioner Dan Jørgensen emphasized that EU unity is crucial to managing the energy crisis, with oil up 70% and natural gas 50%, raising concerns over supply security.

Euronews

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EU calls on member states to curb oil demand and prepare for prolonged disruption

EU urges governments to boost energy savings and explore alternatives amid supply pressure, letter seen by Euronews reveals.

Euronews

Newsletter: Lebanese minister says situation ‘dramatic’ as Israel expands ground invasion

Also in this newsletter: Euronews exclusively previews an EU statement on the Israeli bill re-introducing the death penalty, passed by the Knesset on Monday.

Euronews

G7 pledges to take 'all necessary measures' to safeguard energy market amid war in Iran

G7 countries said they are ready to take “any necessary measures” to preserve stability in the energy market through coordinated action. However, no specific measures have been announced at this stage.

Euronews

Europe's housing crisis: Who is really paying the price?

Home prices and rents have skyrocketed over the past 15 years. Europe needs 10 million more houses to keep up. For young people, low-income families, and essential workers, finding affordable housing is now out of reach.

Euronews

EU pushes early gas refills while easing storage targets on Iran war

Goal is to avoid panic buying while ensuring that EU countries' gas storage is replenished by next winter. The European Commission also told member states to refill below the 90% level set by law in 2022.

Euronews

Can the Grids Package free the EU from its energy dependence?

US-Iran tensions disrupt Middle East energy routes, driving up oil and gas prices. After the 2022 energy crisis, Brussels launched the Grids Package. Can this plan cut Europe’s reliance on foreign energy?

Euronews

Why is the Strait of Hormuz critical to Europe?

The closure of the Strait of Hormuz is affecting energy prices for industries and households, but the vital trade passage also accounts for a significant share of fertiliser shipments, threatening long-term food production. Euronews' explainer goes through the main issues affecting the Strait.

Euronews

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Euronews

Zelenskyy resists reopening Druzhba pipeline, says 'no different' to lifting Russian sanctions

Ukrainian President insists he is personally against restoring oil flows through the damaged Druzhba pipeline, suggesting that Europe either enforces sanctions on Russia or it doesn't. Hungary insists on sabotage.

International Business Times UK

EU Bets on Nuclear Tech to Shield Consumers From Energy Prices Amid Middle East Crisis

The EU is accelerating small modular reactor development to boost energy security and manage prices as global tensions and economic rivalries reshape Europe's energy future.

Euronews

EU praises Azerbaijani gas partnership amid energy disruption triggered by Middle East crisis

Energy Commissioner Dan Jørgensen said Azerbaijan's gas supplies will remain an important backbone of the EU's energy security as the bloc deals with a new energy crisis following the suspension of LNG shipments from Qatar and the closure of the Strait of Hormuz.

Euronews

US energy leader slams IEA's net zero agenda, suggests Washington could walk out

US Energy Secretary Chris Wright said the International Energy Agency should focus on energy security and abandon net zero ideas, but EU leaders have backed the Paris-based agency as a "trusted pillar" of the global energy community.

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Euronews

Europe is strong in energy research but needs to improve commercialisation, new report says

A new report from the International Energy Agency says that while Europe pioneered the technologies of the future, it risks becoming a research hub for global competitors without systemic industrial scaling.

Euronews

EU invests €650 million in cross-border hydrogen and electricity infrastructure projects

Spain is the EU member state receiving the most funding for cross-border electricity projects, while Germany is emerging as the frontrunner in hydrogen initiatives. Meanwhile, the European Commission is expected to launch its next call for proposals on energy infrastructure between April and June.

The Independent UK

The EU is seeking new trade partnerships. Here's why

The European Union and India have reached a free trade agreement to deepen economic and strategic ties after nearly two decades of negotiations

Euronews

Portugal tops EU list for overvalued housing prices

The European Commission estimates that the average overvaluation of housing prices in Portugal is higher by around 25%, "surpassing other property markets" in the bloc.

Euronews

EU vows transparency in housing market, Commissioner Jørgensen tells Euronews

In an interview with Euronews' flagship morning show Europe Today, European Commissioner for Energy and Housing Dan Jørgensen said Brussels has pledged to identify speculation and boost market's fairness as part of its first affordable housing plan unveiled on Tuesday.

The Guardian - UK

EU to regulate short-term rentals in plan to tackle affordable homes shortage

Soaring rents and housing costs have priced out young people, key workers and families from many European cities

Euronews

Russian gas and oil in Europe are done for good, Energy Commissioner tells Euronews

EU legislators agreed this week on a historic deal to end energy dependency on Russian gas by 2027. Commissioner Jørgensen told Euronews' Europe Today morning show that Europeans must never allow Moscow to weaponise energy, and a Russian oil ban could be next.

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