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Greece Extends Its Energy Corridor Influence Across the Mediterranean

Greece Extends Its Energy Corridor Influence Across the Mediterranean

Δευ, 18 Αυγούστου 2025 - 09:49

Since 2010, efforts to exploit hydrocarbons in Greece have encountered obstacles. Public debate on the issue of energy has remained limited, with the media failing to distinguish between scientists focusing on documented safety and environmental concerns and those reacting from an ideological standpoint. At the same time, Russian natural gas flows to Europe via pipelines from Germany, Ukraine, and Turkey increased, 

Albania Opens €7.9 Million Power Line, Substation Tenders

Albania Opens €7.9 Million Power Line, Substation Tenders

Σαβ, 16 Αυγούστου 2025 - 13:40

Albania’s power grid operator OSSH on Friday launched two tenders worth a combined 770 million leks ($9.25 million/7.9 million euro) for a new 35-kV electricity line and a substation in the country’s north.

SunsHyne Corridor: Huge Potential to Import Hydrogen from Africa

SunsHyne Corridor: Huge Potential to Import Hydrogen from Africa

Τετ, 13 Αυγούστου 2025 - 15:20

Five leading European gas transmission system operators (TSO) had completed a feasibility study for the SunsHyne Corridor project, the Czech NET4GAS announced. The study focuses on the preliminary technical and commercial assessment of a planned hydrogen corridor linking North Africa with Central and Western Europe.

Romania: Uncapped Electricity Prices Rise 61% in July

Romania: Uncapped Electricity Prices Rise 61% in July

Τρι, 12 Αυγούστου 2025 - 14:40

Inflation jumped by 2.7% in a single month in Romania in July, compared to June 2025, to an annual rate of 7.8%. Although food prices did not increase significantly, the removal of the electricity price cap on July 1 led to an average 61% increase in electricity bills, according to a report from the National Institute of Statistics. 

Bulgaria: Summer Chaos as Smaller Gas Stations Face Fuel Shortages

Bulgaria: Summer Chaos as Smaller Gas Stations Face Fuel Shortages

Δευ, 11 Αυγούστου 2025 - 17:00

As summer travel peaks in Bulgaria at the start of August, many drivers have encountered unexpected difficulties at the pump. Some gas stations, especially smaller ones, are either running out of gasoline or closing temporarily due to a shortage of bioethanol, 

Denmarks Orsted Seeks $9.4 Billion as US Wind Market Falters

Denmark's Orsted Seeks $9.4 Billion as US Wind Market Falters

Δευ, 11 Αυγούστου 2025 - 16:00

Denmark's Orsted on Monday asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as the wind farm developer seeks to boost its finances amid U.S. President Donald Trump'sopposition to wind power.

Norway Prepares First Major Oil, Gas Licensing Round in Years

Norway Prepares First Major Oil, Gas Licensing Round in Years

Σαβ, 9 Αυγούστου 2025 - 14:20

Norway's energy minister said on Friday he is preparing to launch a new oil and gas licensing round on the Norwegian continental shelf, the first offer of new drilling permits in unexplored frontier regions since 2021.

Egypt Shuns Millions of Barrels of Oil Cargoes in Shift to LNG

Egypt Shuns Millions of Barrels of Oil Cargoes in Shift to LNG

Παρ, 8 Αυγούστου 2025 - 17:00

Egypt gave up on more than 2 million barrels of petroleum cargoes it offered to buy when gas supplies from Israel were briefly cut, after securing massive amounts of LNG to help meet its electricity generation needs.