G7 look to hit Russia with oil price cap

The nations are hopeful this will prevent further financing of the war in Ukraine

EU unveils €300bn package to slash reliance on Russia’s energy

The EU Commission President has highlighted the need for a “rapid reduction” in European reliance on Russian oil and gas

Lithuania first EU country to cut Russian gas completely

The nation will now rely on its own LNG production, calling on the rest of Europe to do the same

E.ON and Fortescue strike hydrogen deal to cut Russian gas

The agreement could see five million tonnes of green hydrogen exported from Australia to Germany