Bloomberg Europe can reduce energy dependence on Russia quicker than previously estimated, Mario Draghi said in an interview with Corriere della Sera. “Diversification is possible and feasible relatively quickly, shorter than we imagined just a month ago,” the Italian prime minister said after reaching an agreement to increase gas imports from Algeria. “We have gas in storage and will have ...

Bloomberg President Emmanuel Macron vowed to end the use of fossil fuels in France if re-elected, eight days before he faces far-right leader Marine Le Pen in a run-off election. Speaking at a campaign rally in the southern city of Marseille, Macron said he would appoint a minister of energy planning whose mission “would be to make France the first ...

Bloomberg Gazprom PJSC’s average daily exports to key foreign buyers so far in April fell to lowest in three months, as warmer weather and lower spot prices started to lure European clients away from Russian gas. The gas giant exported an average of 407 million cubic meters a day to countries outside the former Soviet Union in the first 15 ...