Hungary and Slovakia Block Russian Sanctions Package, Budapest Says Τρι, 24 Ιουνίου 2025 - 09:09 Hungary and Slovakia have decided not to support the EU's plan for an 18th sanctions package against Russia, Hungarian Foreign Minister Peter Szijjarto said on Monday in a press briefing broadcast on his Facebook page
Poland Plans 4GW Offshore Wind Auction Launch in December Τρι, 24 Ιουνίου 2025 - 09:04 Poland’s Energy Regulatory Office (URE) said that its first auction for 4 GW offshore wind capacity will take place at the end of the year
Vega Refinery in Ploiesti, a Pillar of Romanian Energy for 120 Years Δευ, 23 Ιουνίου 2025 - 09:38 This year, Vega Ploiesti, the single producer of bitumen and hexane in Romania, marks 120 years of continuous operation in the oil sector. Established during a period when oil processing was a global first, Vega is among the pioneers of the Romanian refining sector
Goldman Sachs Warns of Oil Price Surge on Strait of Hormuz Risks Δευ, 23 Ιουνίου 2025 - 09:31 Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the bank said in a note dated Sunday
Israel Restarts Limited Gas Exports Amid Ongoing Conflict, Egypt Still Waiting Παρ, 20 Ιουνίου 2025 - 09:18 Israel has resumed limited natural gas exports from surplus supplies, the country's Energy Ministry said on Thursday, nearly a week after shutting down two key offshore fields as Israel and Iran waged an air battle
Albania Starts Licensing Unit of Greece's DEPA for 170 MW Gas Plant Παρ, 20 Ιουνίου 2025 - 09:08 Albania's energy regulator ERE said it has initiated procedures for the licensing of local electricity producer Fier Thermoelectric, a subsidiary of Greek natural gas company Depa Commercial for the construction of a 170 MW gas-fired thermal power plant (TPP)
Engie Romania Completes 37.2 Mwp PV Park Πεμ, 19 Ιουνίου 2025 - 08:23 Engie Romania, part of French utility company Engie, said it has finalised the construction of a 37.2 MWp solar photovoltaic (PV) park in the southern commune of Aricestii Rahtivani, Prahova county
Shell is Being 'Very Careful' With Shipping in the Middle East, CEO Says Πεμ, 19 Ιουνίου 2025 - 08:20 Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran
Albania Introduces Energy Efficiency Standards for Buildings Τετ, 18 Ιουνίου 2025 - 08:28 The Albanian parliament said on Monday it approved legislation defining energy efficiency standards for new and renovated buildings as it aims for a transition to zero-emission building stock by 2050. The regulation, which aligns
Miscalculation by Spanish Power Grid Operator REE Contributed to Massive Blackout, Report Finds Τετ, 18 Ιουνίου 2025 - 08:24 Spanish grid operator REE's failure to calculate the correct mix of energy was one of the factors hindering the grid's ability to cope with a surge in voltage that led to the massive blackout across Spain and Portugal on April 28, a government investigation concluded
EU Bank Pledges €1.6B For Electricity Interconnection Between Spain and France Τρι, 17 Ιουνίου 2025 - 08:04 The European Investment Bank on Monday pledged €1.6 billion (approx. $1.8 billion) to help finance the Bay of Biscay electricity interconnection between Spain and France—a key project aimed at increasing power capacity between the Iberian Peninsula and the rest of continental Europe.
EU Pushes Back Proposals to Curb Reliance on Russian Nuclear Fuel Τρι, 17 Ιουνίου 2025 - 07:53 The European Commission will not propose measures to limit the EU's reliance on Russian nuclear fuel this week alongside its proposals to ban Russian gas, EU energy commissioner Dan Jorgensen said on Monday. The Commission is due to propose legal measures this week
Montenegro's EPCG Gets 1.5 Mln Euro Kfw Grant for Green Transition Δευ, 16 Ιουνίου 2025 - 14:33 Montenegro's state-controlled power utility Elektroprivreda Crne Gore (EPCG) said it signed a 1.5 million euro ($1.7 million) grant agreement with German development bank KfW in support of its green transition
Crude Markets Stabilise As Israel-Iran Conflict Doesn't Impair Oil Flows Δευ, 16 Ιουνίου 2025 - 14:26 Oil prices edged down on Monday, after surging 7% on Friday, as renewed military strikes by Israel and Iran over the weekend left oil production and export facilities unaffected
Türkiye's Oruc Reis Vessel Completes First Intercontinental Mission in Somali Waters Παρ, 13 Ιουνίου 2025 - 19:13 Oruc Reis Seismic Exploration Vessel, built by Turkish engineers, has successfully completed its first intercontinental mission according to the Ministry of Energy and Natural Resources
Oil Jumps Over 7% After Israel's Strikes on Iran Παρ, 13 Ιουνίου 2025 - 15:51 Oil prices jumped over $5 on Friday to multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies