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Russias Rosneft Net Income Down 15% for Jan-Sept 2022

Russia's Rosneft Net Income Down 15% for Jan-Sept 2022

Πεμ, 8 Δεκεμβρίου 2022 - 10:29

Rosneft, Russia's largest oil company, reported Wednesday that its net income for the January-September period this year decreased year on year by 15% to 591 billion rubles (approximately $9.4 billion)

Libya’s GNU Says it Lifted Force Majeure for Oil & Gas Exploration

Libya’s GNU Says it Lifted Force Majeure for Oil & Gas Exploration

Τρι, 6 Δεκεμβρίου 2022 - 14:03

Libya’s Tripoli-based government, the Government of National Unity (GNU), said on Monday it had lifted the force majeure for oil and gas explorations and invited international oil companies that have contracts with the state-oil company (NOC) to resume their work in the country

Oil Up as Traders Cash in on Low Prices Over Recession Fears

Oil Up as Traders Cash in on Low Prices Over Recession Fears

Τρι, 6 Δεκεμβρίου 2022 - 14:01

Oil prices edged higher on Tuesday after traders took advantage of profit-taking from Monday’s low prices, although gains were limited by supply fears after the EU and G7 states banned Russian oil and capped prices at $60 a barrel

Romania Provides Funding for C&I Battery Storage Systems

Romania Provides Funding for C&I Battery Storage Systems

Παρ, 2 Δεκεμβρίου 2022 - 19:40

The government of Romania is looking to support the deployment of commercial and industrial (C&I) battery energy storage systems (BESS) to the tune of EUR 103.5 million. Minister of Energy Virgil Popescu said in a Facebook post that projects can be submitted until Dec. 28

EU Countries to Consider Lower Gas Price Cap - Documents

EU Countries to Consider Lower Gas Price Cap - Documents

Παρ, 2 Δεκεμβρίου 2022 - 16:54

European Union countries will consider on Friday a proposal for a gas price cap slightly lower than a Brussels proposal that some view as too high, with a handful of countries pushing for an even lower limit, documents seen by Reuters showed

IENE Supports the 22nd World LNG Summit & Awards Held in Athens on November 29 – December 2

IENE Supports the 22nd World LNG Summit & Awards Held in Athens on November 29 – December 2

Πεμ, 1 Δεκεμβρίου 2022 - 19:08

IENE participates in the 22nd World LNG Summit & Awards as a Supporting Association of this major conference, which is taking place in Athens, Greece for the first time on 29 November – 2 December 2022. The Institute of Energy for SE Europe actively supports this landmark Summit for the global LNG sector, which is endorsed by Greece’s Ministry of Environment & Energy and is hosted by DESFA

Romania, Bulgaria in Talks on 840 MW Hydropower Project on Danube River

Romania, Bulgaria in Talks on 840 MW Hydropower Project on Danube River

Τρι, 29 Νοεμβρίου 2022 - 17:41

Romania announced that talks would resume with Bulgaria on building the Turnu Măgurele – Nikopol hydropower plant on the Danube river. The 840 MW hydropower project, which has been on hold for decades, would be equally shared. The Bulgarian side has so far been reluctant

IAI Welcomes MYTILINEOS as New Member

IAI Welcomes MYTILINEOS as New Member

Δευ, 28 Νοεμβρίου 2022 - 10:53

Athens/London, 28 November 2022 – The International Aluminium Institute (IAI) has today announced that MYTILINEOS has become one of its members. MYTILINEOS is established as one of the strongest international players in the Metallurgy sector and one of Greece's healthiest growing industrial companies, having operated for almost 60 years. It is the largest vertically integrated bauxite, alumina and aluminium producer in the European Union.

26th Energy & Development 2022 National Conference by IENE: Dynamic Start with Important Interventions by Ministers of SE European Countries

26th "Energy & Development 2022" National Conference by IENE: Dynamic Start with Important Interventions by Ministers of SE European Countries

Τετ, 23 Νοεμβρίου 2022 - 19:32

Τhe work of the 26th National Conference "Energy & Development 2022", organized on November 22/23, 2022 by the Institute of Energy of SE Europe (IENE) in Athens, started yesterday morning. As part of the first day of the conference, a panel discussion was held with the participation of the Ministers of Energy and Economy of the countries of SE Europe, who earlier participated in the 1st Athens Ministerial Energy Dialogue

Gazprom Warns of Possible Halt in Natural Gas Via Ukraine

Gazprom Warns of Possible Halt in Natural Gas Via Ukraine

Τρι, 22 Νοεμβρίου 2022 - 15:32

A backlog has accumulated for Russian gas shipments via Ukraine destined for Moldova, and if it persists, shipments will be reduced beginning Nov. 28, according to Russian energy company Gazprom on Monday