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New Energy Hub on the Cards for Balkans as JERA and Montenegro Delve Into LNG Terminal Possibilities

Σαβ, 13 Σεπτεμβρίου 2025 - 14:41

Japan’s energy major JERA has taken steps to augment its liquefied natural gas (LNG) arsenal by striking a deal with the government of Montenegro to look into the development of an LNG terminal and an associated gas-fired plant, which has the potential to establish a new energy hub in the Western Balkans, fortifying energy security not just in this country but also in Southeast Europe

Chevron Bids in Tender for Gas Exploration Offshore Crete

Παρ, 12 Σεπτεμβρίου 2025 - 09:39

US oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Crete, Energy Minister Stavros Papastavrou said on Wednesday

IEA Cuts 2030 Low-Emissions Hydrogen Production Outlook by Nearly a Quarter

Παρ, 12 Σεπτεμβρίου 2025 - 09:36

A wave of cancellations, cost pressures and policy uncertainty have thinned the low-emissions hydrogen project pipeline and cut 2030 projected development by nearly a quarter, the International Energy Agency said on Friday

EU Considers Faster Russian Oil and Gas Exit After US Pressure

Πεμ, 11 Σεπτεμβρίου 2025 - 09:42

The European Union is considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, European Commission chief Ursula von der Leyen said on Wednesday after U.S. pressure on Europe to stop buying Russian oil. A ban on seaborne Russian crude oil has cut

HELLENiQ Energy: Participation in Call for Greece’s Tender in Offshore Exploration Blocks in Partnership With Chevron

Πεμ, 11 Σεπτεμβρίου 2025 - 09:34

In response to the relevant Call for Tenders, published by the Ministry of Environment & Energy (FEK 2104/30.04.2025), for the exploration and production of hydrocarbons in the four offshore areas south of Peloponnese and south of Crete, HELLENiQ Energy announced that it has partnered with Chevron to participate in the Τender

Totalenergies CEO Says US LNG Drive May Cause Global Oversupply, Flags New Rio Grande Decision

Τετ, 10 Σεπτεμβρίου 2025 - 07:53

The U.S. is building too many liquefied natural gas plants, TotalEnergies CEO Patrick Pouyanne said on Tuesday, warning it could lead to a long-lasting glut in the market if all planned projects come online. Pouyanne earlier said that a final investment decision on additional units

Chevron to Boost Gas Supply to Meet Egypt’s ‘Insatiable’ Demand

Τετ, 10 Σεπτεμβρίου 2025 - 07:51

Chevron Corp. is working to boost supply of natural gas to Egypt, which has “insatiable appetite” for the fuel, Freeman Shaheen, the company’s president for global gas, said. “Egypt needs all the gas it can get,” Shaheen said in an interview in Milan, where

Trafigura Says Indian Oil-Demand Growth Set to Outpace China

Τρι, 9 Σεπτεμβρίου 2025 - 07:59

Oil demand growth in India looks set to outpace China’s underlying gains this year, according to Trafigura Group. “We would be constructive on Indian demand,” Chief Economist Saad Rahim said at APPEC by S&P Global Commodity Insights on Monday.

Grid-Forming Technologies and Their Emerging Role in Greece’s Energy Transition – An Ambitious Policy Agenda for Greece

Τρι, 9 Σεπτεμβρίου 2025 - 07:50

The Grid Bottleneck: Greece is at a pivotal moment in its energy transition. The country has made remarkable progress in deploying renewable energy sources (RES) in recent years. RES deployment itself has been accelerating rapidly.

US Solar Installation Forecast Slashed Due to Trump Policies, Report Says

Δευ, 8 Σεπτεμβρίου 2025 - 09:10

The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump's tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday

A Major Crisis in Bulgaria: Bulgargaz Will Give All its Earnings to Turkey for 200 Years

Δευ, 8 Σεπτεμβρίου 2025 - 09:07

The 13-year natural gas purchase agreement signed between BOTAŞ and Bulgargaz in 2023 has turned into a major crisis for the neighbor. After Bulgargaz was unable to pay its debt exceeding 4 billion TL, BOTAŞ completely halted the gas flow. Bulgarian Energy Minister Jeco Stankov stated, "Bulgargaz has

New Lloyd’s of London Boss Gives Insurers Green Light to Cover Fossil Fuels

Σαβ, 6 Σεπτεμβρίου 2025 - 18:19

The new chief executive of Lloyd’s of London has set out plans to grant “more freedom” to insurers trading at the marketplace, scrapping his predecessor’s commitment to end their coverage of the most polluting fossil fuels

Montenegro Solar Auction: Stunning 250 MW Power Bid

Σαβ, 6 Σεπτεμβρίου 2025 - 18:17

Montenegro has initiated a tender for a 250 MW solar project in Velje Brdo, near Podgorica

Smart Meters, Wildfires, Rising Demand Push Greek Distribution Grid Investment Plan to EUR 4.8 Billion

Παρ, 5 Σεπτεμβρίου 2025 - 08:12

In recent years, Greece has been experiencing extreme weather events, such as wildfires and floods, which have threatened its electricity distribution network. Due to this new reality, caused by climate change, the Hellenic Electricity Distribution Operator

ExxonMobil Considers Sale of European Chemical Plants, FT Reports

Παρ, 5 Σεπτεμβρίου 2025 - 08:11

ExxonMobil is seeking to offload its European chemical plants in the UK and Belgium as the sector reels from the impact of U.S. tariffs and competition from China, the Financial Times reported on Thursday, citing people familiar with the matter

Albania's Kukes Airport Operator Gets Solar Energy Production Licence

Πεμ, 4 Σεπτεμβρίου 2025 - 08:11

Albania's energy regulator said it has licensed the concessionaire of Kukes airport, Global Technical Mechanics, to act as producer and trader in electricity from a 12 MW solar photovoltaic (PV) plant near the airport