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New US Sanctions to Slow but Not Stop China's Iranian Oil Imports, Traders Say

Παρ, 21 Μαρτίου 2025 - 19:33

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing

MOL Discovers New Oil Field in Western Hungary

Πεμ, 20 Μαρτίου 2025 - 19:28

MOL Hungarian Oil and Gas PLC discovered a new oil field near Somogysámson in western Hungary

Norway's Equinor Scales Back Climate Ambitions as Wind Changes

Πεμ, 20 Μαρτίου 2025 - 19:17

Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities

NewMed Energy Farms into OMV Petrom Block Offshore Bulgaria

Πεμ, 20 Μαρτίου 2025 - 19:13

NewMed Energy LP has completed the acquisition of a 50 percent stake in the Han Asparuh block on Bulgaria’s side of the Black Sea from OMV Petrom SA

Iberdrola Chair Warns of Surge in Spanish Power Prices if Country Shuts Nuclear Plants

Πεμ, 20 Μαρτίου 2025 - 11:47

Iberdrola’s executive chair has warned power prices can jump by more than 25 per cent if Spain repeats the “big mistake” made by Germany of shutting down its nuclear power plants. Ignacio Galán told the Financial Times the Spanish public would pay much higher prices and get a less reliable system if Madrid 

Serbia Seeks Sanctions Waiver from US for Oil Company NIS, Again

Τετ, 19 Μαρτίου 2025 - 20:16

Serbian oil company NIS, majority-owned by Russian Gazprom Neft and Gazprom, has submitted a second request to the U.S. for a waiver of sanctions, the CEO of state gas company Srbijagas said on Wednesday

Qatar Begins Electricity Supply to Syria via Jordan

Τρι, 18 Μαρτίου 2025 - 17:58

Qatar began electricity supply to Syria via Jordan under the directives of Qatari Emir Sheikh Tamim bin Hamad Al Thani, according to Qatar News Agency (QNA) on Thursday

Ukraine Buys US LNG Amid Trump-Putin Talks on Ending War

Τρι, 18 Μαρτίου 2025 - 17:52

Ukraine has bought 100 million cubic metres of U.S. liquefied natural gas in a deal between state firm Naftogaz and Poland's Orlen, days after Kyiv declared its plan to buy large volumes of U.S. gas this year, Naftogaz said on Tuesday

PPC Breaks Ground on 165 MWp PV Plant with BESS in Bulgaria

Τρι, 18 Μαρτίου 2025 - 17:42

Greek electric power company Public Power Corporation (PPC) said it has begun construction of a 165 MWp solar photovoltaic (PV) plant with a co-located battery energy storage system (BESS) in Stara Zagora, central Bulgaria

Energean Says Carlyle Deal at Risk of Collapsing

Δευ, 17 Μαρτίου 2025 - 19:52

A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday

Israel Awards Natural Gas Exploration Licences to BP, Socar and NewMed

Δευ, 17 Μαρτίου 2025 - 16:29

Israel awarded licences to BP, Azeri national oil firm Socar and local company NewMed Energy on Monday to explore for natural gas in Israeli waters as the country seeks to boost domestic gas reserves and expand exports

Chevron Advances Plans to Develop US Data Centers With Power Generation

Δευ, 17 Μαρτίου 2025 - 16:24

Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week

German Emissions Fell 3.4% in 2024, on Track for 2030 Climate Goals

Παρ, 14 Μαρτίου 2025 - 18:50

Germany's Federal Environment Agency on Friday said greenhouse gas emissions in Europe's biggest economy fell by around 3.4% year-on-year in 2024, putting the country on track to meet its 2030 climate targets