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HEP Eyes Hydrogen Production at Site of its Lone Coal Power Plant Plomin

Τετ, 6 Σεπτεμβρίου 2023 - 19:03

Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP) plans to install a solar power plant and an electrolyzer for hydrogen production at the site of its Plomin thermal power plant. It is the only Croatian coal-fired electricity unit

Europe's Reliance on LNG Means High Prices Needed All Year Round

Τετ, 6 Σεπτεμβρίου 2023 - 19:00

Europe’s increased dependence on liquefied natural gas means high prices are needed all year round to ensure the region gets all the fuel it wants, Bank of America Corp. said

Bulgaria Ups Pressure on Lukoil to Sell Balkans’ Largest Refinery

Τρι, 22 Αυγούστου 2023 - 17:31

The Bulgarian government has initiated the procedure for an early termination of the import of Russian oil, which supplies the Russian company Lukoil’s refinery near the Black Sea city of Burgas – a move analysts say is aimed at pressuring Lukoil to sell its business in Bulgaria

Asian Buyers May Seek U.S. LNG if Australia Worker Disputes Worsen, Analysts Say

Τρι, 22 Αυγούστου 2023 - 17:28

Major Asian buyers of liquefied natural gas (LNG) could seek U.S. cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather

China’s Trina Solar Supplies 140 MW PV Panels to Albania’s Karavasta Plant - Report

Παρ, 18 Αυγούστου 2023 - 19:09

Chinese photovoltaic array provider Trina Solar has delivered all bidirectional solar panels with a total capacity of 140 MW for a photovoltaic park that French renewables company Voltalia is developing in Albania's Karavasta coastal area, media reported on Thursday

'Unrealistic' Global Offshore Wind Expansion Target Would Require $100 Billion by 2026, Says Wood Mackenzie

Παρ, 18 Αυγούστου 2023 - 18:59

Government targets to increase wind power installations would see annual capacity additions reach 80 gigawatts (GW) per year by 2030, requiring $100 billion in secured investment in the supply chain by 2026, Wood Mackenzie said in a report

Angelicoussis Carrier Delivers First LNG Cargo to Nansha Guangzhou Terminal

Πεμ, 17 Αυγούστου 2023 - 14:27

Greek Angelicoussis Group’s LNG carrier Maran Gas Coronis has delivered the first LNG cargo to China’s Nansha Guangzhou LNG terminal

Saipem Scoops up $1 Billion for Work on Natural Gas Project off Africa

Πεμ, 17 Αυγούστου 2023 - 14:24

Italy’s engineering, drilling, and construction services provider Saipem has got its hands on a new contract – worth approximately $1 billion – for the development of a gas project off Libya with Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa

Agreement between MYTILINEOS and HELLENiQ ENERGY for the sale of a 211 MW portfolio of 4 solar projects in Romania

Δευ, 31 Ιουλίου 2023 - 09:42

A 211 MW solar portfolio developed in Romania by MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (MYTILINEOS), is acquired by HELLENiQ ENERGY Holdings (RIC: HEPr.AT, Bloomberg: ELPE GA) through its subsidiary, HELLENiQ Renewables. The binding agreement signed by the two Companies includes the construction and transfer of four (4) solar parks in Southern Romania that are already in an advanced stage of development,

Global Coal Demand Set to Remain at Record Levels in 2023

Παρ, 28 Ιουλίου 2023 - 14:28

Continued strong growth in Asian economies offsets declines in Europe and North America, highlighting need for stronger policies and investments to accelerate growth of clean energy

OMV Petrom’s Net Profit Falls 80% Y/Y in H1

Παρ, 28 Ιουλίου 2023 - 14:25

Romania’s top oil and gas group OMV Petrom [BSE:SNP] said on Friday that its preliminary net profit fell 80% on the year to 944 million lei ($213.2 billion/191.5 million euro) in the first six months of 2023

New Oil Discovery Confirmed in Gulf of Mexico

Τετ, 26 Ιουλίου 2023 - 17:26

According to Hess, planning is underway for this new oil discovery in the Pickerel-1 exploration well, which is located in Mississippi Canyon Block 727, to be tied back to the Tubular Bells production platform in the U.S. Gulf of Mexico. Hess has a 57.14 per cent interest in the Tubular Bells field and acts as the operator while Chevron holds the remaining 42.86 per cent interest

With More Natural Gas in Mind, Two Players Looking Into Energy Potential in Türkiye and Bulgaria

Τετ, 26 Ιουλίου 2023 - 17:17

This three-year deal – inked due to the mutual recognition that the search for new sources of natural gas supply in the European region is “paramount” – will enable the duo to share information on a confidential basis regarding potential new business opportunities to be advanced together