cap | Egypt Oil & Gas

G7-Led Coalition Sets Price Cap on Russian Oil Products

The Group of Seven wealthy nations (G7), the European Union and Australia have set price caps for Russian diesel and other refined petroleum products in order to maintain market supply while reducing Moscow's inco ...

EU Exploring Various Ideas for Price Capping

According to the EU's head of energy policy, the European Commission is exploring different forms of gas price capping, including one that targets gas used in power generation and a temporary "flexible" price cap, ...

European Commission Warns EU That Gas Price Cap Poses Risks

In response to appeals from several nations for Brussels to act to control skyrocketing gasoline costs, the European Commission has issued a warning to EU member states that a broad cap on gas prices could be diff ...

Some EU Member States Push for Bloc-Wide Gas Price Cap

A number of EU nations are urging Brussels to present proposals this week for a natural gas price cap that would apply to the entire EU, according to a letter seen by Reuters.

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