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Saudi Aramco CEO says energy transition is Failing, World Should Abandon ‘Fantasy’ Of Phasing Out Oil

Τρι, 19 Μαρτίου 2024 - 20:01

Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the “fantasy” of phasing out oil and gas, as demand for fossil fuels is expected to continue to grow in the coming years

Bulgaria Unlocks 274 Mln Euro for Green Energy Production, Storage

Παρ, 15 Μαρτίου 2024 - 17:46

Bulgarian businesses can apply for funding under two new grant procedures totalling 535.1 million levs ($299.3 million/273.6 million euro) aimed at bolstering investments in new renewable energy production and storage capacities, the energy ministry said on Thursday

Wood Mackenzie: 30 Upstream Projects Holding 14 Bboe and $125 Billion in Investment to Reach FID in 2024

Παρ, 15 Μαρτίου 2024 - 17:43

Up to 30 upstream projects larger than 50 MMboe could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie

Hyundai Wins Bulgaria Parliament Nod for Nuclear Reactor Talks

Πεμ, 14 Μαρτίου 2024 - 19:35

South Korea’s Hyundai Engineering and Construction won backing from Bulgaria’s parliament on Friday to proceed with talks on building two nuclear reactors, beating out a bid from US firm Bechtel

EU Parliament Approves Compromise on Vehicle Pollution Limits

Πεμ, 14 Μαρτίου 2024 - 19:31

The European Parliament approved on Wednesday tougher emissions standards for some vehicles in a deal that watered down the initial European Union proposal, following objections from some member states

OPEC Sticks to Oil Demand View, Nudges Up Economic Growth

Τετ, 13 Μαρτίου 2024 - 19:34

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised its economic growth forecast for this year saying there was more room for improvement

Italgas: Consolidated Results as at 31 December 2023 Approved - Adjusted Total Revenues at € 1,774.8 million

Τετ, 13 Μαρτίου 2024 - 19:30

Italgas’ Board of Directors, chaired by Benedetta Navarra, met on 12 March 2024 and approved the consolidated results as at 31 December 2023 and resolved to propose to the Shareholders’ Meeting, called to meet on 6 May 2024, the distribution of a dividend of € 0.352 per share (+11% compared to 2022)

Montenegro, Serbia, Republic of Srpska to Boost Cooperation in Energy Security

Παρ, 8 Μαρτίου 2024 - 15:02

Montenegro, Serbia and the Republic of Srpska agreed to jointly develop projects in the energy sector including hydropower and grids and to speed up resolving their disputes

Eurelectric: EV Sales in EU Will Surpass Traditional Vehicles By 2030

Παρ, 8 Μαρτίου 2024 - 14:59

Electric vehicle (EV) sales will surpass traditional vehicles by 2030 shows Eurelectric-EY’s new e-mobility report. The EU is doubling down on transport electrification which is set to quadruple by 2040 to decarbonise the sector, according to the Commission’s 2040 Communication

Energean plc: Karish North and Second Gas Export Riser Online and New GSPA Signed

Τρι, 5 Μαρτίου 2024 - 18:22

Energean plc (LSE: ENOG TASE: אנאג) is pleased to announce the following:

Germany’s Gas Tariff Puts Eu Energy Solidarity at Risk, Energy Commissioner Says

Τρι, 5 Μαρτίου 2024 - 18:15

Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers

HELLENiQ Energy - Fourth Quarter / Full Year 2023 Financial Results: Strong Profitability on Increased Production and Exports, Amid a Favorable Refining Environment

Πεμ, 29 Φεβρουαρίου 2024 - 20:11

HELLENiQ ENERGY Holdings S.A. ("Company") announced its FY23 financial results, with Adjusted EBITDA coming in at €1,237m and Adjusted Net Income amounting to €606m.