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Serbia’s NIS Plans to Invest 510 Mln Euro in 2024

Serbia’s NIS Plans to Invest 510 Mln Euro in 2024

Serbian oil and gas group NIS [BEL:NIIS] said it intends to make capital investments of 59.7 billion dinars ($560.6 million/510 million euro) under its business plan for 2024 which it has adopted

US Vehicles Set Fuel Economy Record in 2022 as EV Sales Climb

US Vehicles Set Fuel Economy Record in 2022 as EV Sales Climb

U.S. new vehicles set a record high for fuel economy in 2022, with the biggest yearly improvement in nine years to an average of 26 miles per gallon (mpg) as electric vehicle sales jumped but the Detroit Three automakers continued to lag rivals

Eurelectric - Lights on EU Elections: Delivering Electrification for Climate and Energy Security

Eurelectric - Lights on EU Elections: Delivering Electrification for Climate and Energy Security

The next five years will make or break the EU climate and energy agenda. Against a tapestry of rising geopolitical tensions, supply chain bottlenecks, worsening climate change and a cost-of-living crisis, the electricity industry’s Manifesto for 2024-2029 calls on incoming policymakers to deliver on the promises of the Green Deal by accelerating electrification, empowering consumers, and ensuring security of supply.

DPM Extends Life of Chelopech Mine in Bulgaria to 2032

DPM Extends Life of Chelopech Mine in Bulgaria to 2032

Canada-based Dundee Precious Metals (DPM) said on Wednesday that it has extended the life of its Chelopech mine in Bulgaria to 2032, based on updated mineral reserve estimates

Nigeria Reports 3,000-Barrel Spill From Totals Egina FPSO

Nigeria Reports 3,000-Barrel Spill From Total's Egina FPSO

A TotalEnergies-operated FPSO off the coast of Nigeria has spilled more than 100,000 gallons of oil in a loading accident, according to Nigerian spill-response officials, and a cleanup and monitoring operation is ongoing

Energean Announces Production Increase and Progress in the Prinos CO2 Storage Project

Energean Announces Production Increase and Progress in the Prinos CO2 Storage Project

Energean plc is pleased to provide an update on recent operations and the Group's trading performance in the nine months to 30 September 2023. Mathios Rigas, Chief Executive Officer of Energean, commented: “I am sincerely grateful to all our employees, who have shown remarkable resilience, dedication and professionalism in the face of the challenging environment. Their unwavering commitment

Gazprom Market Value Dips Below That of Oil Subsidiary Gazprom Neft

Gazprom Market Value Dips Below That of Oil Subsidiary Gazprom Neft

The market capitalisation of Gazprom, the world’s biggest natural gas company by output and reserves, has dipped below that of its oil unit Gazprom Neft amid high oil prices and after a dividend announcement by the subsidiary

Nuclearelectrica in 510 Mln Euro Deal With Candu Energy, CCC

Nuclearelectrica in 510 Mln Euro Deal With Candu Energy, CCC

Romania's Nuclearelectrica [BSE:SNN] said that it signed a new contract worth CAD 750 million ($544.3 million/510.2 million euro) with Canada's Candu Energy and Canadian Commercial Corporation (CCC) for works to extend the life of Unit 1 of the Cernavoda nuclear power plant (NPP)

Bulgaria Starts Nuclear Project With Us Technology

Bulgaria Starts Nuclear Project With Us Technology

The Bulgarian government has started constructing Unit 7 at the Kozloduy Nuclear Power Plant, using US technology that is unique to Europe, and with an initial government investment of €250 million, according to Prime Minister Nikolay Denkov

Slovenia, Hungary Sign Agreement on Gas Link Project

Slovenia, Hungary Sign Agreement on Gas Link Project

Slovenia's energy ministry has signed a memorandum of understanding (MoU) with Hungary to prepare the construction of an interconnection between the gas distribution systems of the two countries, the Slovenian government said

TGS and PGS Agree to Form $2.6B Energy Data Co

TGS and PGS Agree to Form $2.6B Energy Data Co

TGS ASA and PGS ASA have agreed the principal terms of a combination “to create a strong full-service energy data company”, the businesses said in a joint statement