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Since the establishment of the European Coal and Steel Community in 1952, energy policy has been at the centre of European legislation. According to the paper issued by the Commission in 1995, EU energy policy should be based on three pillars: sustainability, competitiveness and security of supply.
Minority shareholding: The unprecedented threat of Gazprom and Rosneft to EU energy market
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Annual inflation rate at 20.9% in July

The euro area annual inflation rate was 8.9% in July 2022, up from 8.6% in June. A year earlier, the...

Ignitis Group refutes public statements made by MP about losses

AB Ignitis grupė refutes the statements of MP Algirdas Butkevičius that the subsidiary of the Group,...

Independent electricity supplier Perlas Energija ceases operations

A fortnight after announcing that its customers would be moved from fixed-price plans to...

Interim CEO of ESO appointed

AB Ignitis grupė reports that Renaldas Radvila, Management Board Member and Head of Services of its...

Minister: electricity price is high because of algorithm used at Nord Pool power market

Minister of Energy Dainius Kreivys says the electricity price in the Lithuanian bidding area of the...

Top news

Landsbergis: PM has not shown much ambition to become Conservative party’s leader

Leader of the Homeland Union-Lithuanian Christian Democrat party (TS-LKD) Gabrielius Landsbergis...

Independent electricity supplier Perlas Energija ceases operations

A fortnight after announcing that its customers would be moved from fixed-price plans to...

Minister: China hasn't officially informed Lithuania of cut in transport ties

China has not yet officially notified the Lithuanian Transport Ministry that it is severing transport...

President and PM see protecting electricity consumers as top priority

President Gitanas Nauseda and Prime Minister Ingrida Simonyte on Thursday discussed the situation in...

Presidency hopes new additions to Ministry of Foreign Affairs will bring positive change

The Office of the President welcomes changes in the political team of Foreign Minister Gabrielius...