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Romgaz Secures 100 Mln Euro Loan from UniCredit Bank Romania

Παρ, 3 Ιανουαρίου 2025 - 19:05

Romanian natural gas producer Romgaz [BSE:SNG] said it has secured a 100 million euro ($102.8 million) credit line from UniCredit Bank Romania, a unit of Italian financial group UniCredit

Italy Calls for EU Gas Price Cap at 60 Euros per Megawatt Hour

Παρ, 3 Ιανουαρίου 2025 - 19:01

The European Union should extend its emergency cap on gas prices and set a ceiling of 60 euros per megawatt hour to prevent a possible energy price shock, Italy's Energy Minister Gilberto Pichetto Fratin said on Friday

Bosnia's Serb Republic Approves 38 Mln Euro Gasification Project

Τρι, 31 Δεκεμβρίου 2024 - 15:23

The government of Bosnia’s Serb Republic said it has approved the third and final phase of a public gasification project worth 74 million marka ($39.44 million/37.84 million euro)

Russia Reduces Gas Flow to Europe via Ukraine on Last Day of Expiring Deal

Τρι, 31 Δεκεμβρίου 2024 - 15:19

Russian energy company Gazprom said it would pump a reduced volume of gas to Europe via Ukraine on Tuesday, the last day before the expiry of a deal that had kept the gas flowing throughout nearly three years of war

Trump Threatens EU With Tariffs Over Oil and Gas Imports

Παρ, 20 Δεκεμβρίου 2024 - 17:50

U.S. President-elect Donald Trump said on Friday the European Union should step up U.S. oil and gas imports or face tariffs on the bloc's exports that include goods such as cars and machinery. The EU already buys the lion's share of U.S. oil and gas exports, according to U.S. government data. No extra volumes are currently available as the United States is exporting at capacity, but Trump has pledged to further grow the country's oil and gas production

EU to Grant 25 Mln Euro for Krk LNG Terminal Capacity Boost

Παρ, 20 Δεκεμβρίου 2024 - 17:40

LNG Hrvatska (LNG Croatia), the operator of the country's liquefied natural gas (LNG) terminal on Krk island, will receive a grant of 25 million euro ($26 million) under the European Union-sponsored national Recovery and Resilience Plan (RRP) for a planned capacity increase, the Croatian economy ministry said

Financing Secured for Three Hydropower Plants on Bistrica River

Πεμ, 19 Δεκεμβρίου 2024 - 19:58

The Government of the Republic of Srpska has signed an agreement with Chinese company AVIC on financing the construction of three hydropower plants on the Bistrica river, a tributary of the Drina

Putin: It is Clear There Will Be No Ukraine Gas Transit Deal

Πεμ, 19 Δεκεμβρίου 2024 - 14:51

President Vladimir Putin said on Thursday it was now clear that there would be no new gas transit deal with Kyiv to send Russian gas through Ukraine to Europe, but that Russia would survive

Montenegro Labels 15 Energy Projects as Infrastructure Priorities

Τρι, 17 Δεκεμβρίου 2024 - 19:17

The most valuable priority infrastructure projects in the energy sector of Montenegro are the Komarnica and Kruševo hydropower plants, the Trans-Balkan Electricity Corridor and the Ionian-Adriatic pipeline

Industry Calls on Jørgensen to Publish Electrification Action Plan Within First 100 Days

Τρι, 17 Δεκεμβρίου 2024 - 19:11

The Electrification Alliance is urging Dan Jørgensen, European Commissioner for Energy and Housing, to publish the Electrification Action Plan during his first 100 days in office

OPEC Makes Fifth and Biggest Cut to 2024 Oil Demand Growth Forecast

Τετ, 11 Δεκεμβρίου 2024 - 18:29

OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's sputtering role as the world's demand growth engine

METLEN Achieves a Significant Milestone in Chile With the Completion of Two New Renewable Energy Projects

Τρι, 10 Δεκεμβρίου 2024 - 15:36

METLEN Energy & Metals has achieved a significant milestone by reaching 588 MW of renewable energy production in Chile. The company continues to strengthen its presence in Latin America following the completion of two new projects: Tocopilla (227 MW) and Tamarico (167 MW)

ENERCON Plans to Install Further 2,500 MW in Türkiye With Partners

Δευ, 9 Δεκεμβρίου 2024 - 20:08

Memorandum of Understanding signed with Iş Enerji and Polat Enerji for the installation of E-175 EP5 wind turbines

EU Looks to Geothermal in Drive for Energy Security, Document Shows

Δευ, 9 Δεκεμβρίου 2024 - 20:02

European Union countries plan to promote geothermal energy as they hunt for ways to replace Russian gas and bring down energy prices, a draft EU document showed

Shopping Mall Operator to Break Ground on Major Solar Power Plant in Romania

Τετ, 4 Δεκεμβρίου 2024 - 19:31

Monsson Group sold a 50 MW photovoltaic project in Romania to shopping mall operator NEPI Rockcastle, which already operates 38 MW and has 115 MW more underway

EDF to Extend the Operating Life of Four British Nuclear Plants

Τετ, 4 Δεκεμβρίου 2024 - 19:27

EDF will extend the life of four of its British nuclear plants and invest 1.3 billion pounds ($1.64 billion) in its British fleet over 2025-2027, it said on Wednesday, in a boost for the country’s energy security and efforts to meet its climate targets