English Edition

Chevron to Begin Hydrocarbon Drilling in 2026

Τετ, 2 Απριλίου 2025 - 15:19

US energy giant Chevron is set to launch its first exploratory drilling for hydrocarbons south of Crete in 2026, Environment and Energy Minister Stavros Papastavrou said on Monday

How Batteries and EVs Drive Bulgaria’s Energy Transition?

Τετ, 2 Απριλίου 2025 - 15:15

The Energy of Tomorrow conference in Sofia brought together industry leaders to discuss the rapid expansion of renewable energy, the growing electric vehicle (EV) market, and the evolving landscape of gas and hydrogen technologies in Bulgaria

China and Russia Drive Surge in Global Nuclear Energy Plant Development

Τετ, 2 Απριλίου 2025 - 15:10

China and Russia solidified their positions as leaders in global nuclear energy development, with all new reactors constructed over the past five years relying on their designs

Japan's Tokyo Gas Expands in US Shale Gas with Chevron Deal

Τρι, 1 Απριλίου 2025 - 14:49

TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 million, the company said on Tuesday, as it expands its U.S. gas business

Montenegro's Sole TPP Goes Offline for 70 Mln Euro Overhaul

Τρι, 1 Απριλίου 2025 - 14:45

Montenegro's sole thermal power plant TE Pljevlja has gone offline for a major 70 million euro ($75.7 million) overhaul aimed at increasing the lifespan of the facility and bringing it in line with latest ecological standards, its owner, state-controlled power producer Elektroprivreda Crne Gore (EPCG), said

Serbia's NIS Names Gazprom Exec As Board Member

Δευ, 31 Μαρτίου 2025 - 12:48

Serbian oil and gas group NIS said it has appointed Gazprom executive Ignat Dirks to its board of directors

France's M&P, Spain's Repsol Say Venezuela Oil Licences Revoked by US

Δευ, 31 Μαρτίου 2025 - 12:45

French oil group Maurel et Prom said on Monday that the United States had revoked its licence to operate in Venezuela, sending its shares plunging 15% in early trade. Reuters reported on March 29 citing sources that the Trump administration had notified foreign partners of Venezuelan state oil firm PDVSA (PDVSA.UL) of the imminent cancellation of authorisations that allowed them to export Venezuelan oil and byproducts

Norway Wealth Fund Buys Stakes in Two Offshore Wind Farms from RWE

Δευ, 31 Μαρτίου 2025 - 11:01

Norway's wealth fund said on Monday it has acquired a 49% stake in two offshore wind farms under construction in Denmark and Germany from RWE for 1.4 billion euros ($1.52 billion), its first such deal with the German energy firm

China's BYD Signs Car Parts Distribution Agreement In Italy

Σαβ, 29 Μαρτίου 2025 - 17:55

Chinese electric automaker BYD said on Friday it signed a car parts distribution deal with Italian company Intergea, as part of its strategy to boost its presence in a key European market

Bulgaria to Press Ahead With Gas Grid Expansion, Minister Says

Σαβ, 29 Μαρτίου 2025 - 17:51

Bulgaria’s energy chief said the Balkan nation will begin construction on a gas grid-expansion project in the next few weeks as part of a regional effort to boost capacity after Ukraine ended Russian transit

Saudi Aramco Looks to Invest in Indian Refineries, Sources Say

Πεμ, 27 Μαρτίου 2025 - 19:35

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market, several Indian sources with direct knowledge of the matter said

Serbia Expects Another Sanctions Waiver from US for Oil Company NIS, Official Says

Πεμ, 27 Μαρτίου 2025 - 19:31

Serbian oil company NIS, majority-owned by Russia's Gazprom Neft and Gazprom, is likely to get a last-minute, 30-day extension to its waiver from U.S. sanctions, the CEO of state gas company Srbijagas said on Thursday

Energy Assets Affected by Russia-West Standoff and Sanctions

Πεμ, 27 Μαρτίου 2025 - 19:18

The United States reached separate deals on Tuesday with Ukraine and Russia to halt attacks at sea and against energy targets, with Washington agreeing to push to lift some sanctions against Moscow