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China Allows More Biofuel Firms to Export Green Aviation Fuel, Sources Say

Δευ, 20 Οκτωβρίου 2025 - 09:03

China has approved another three biofuel refiners to export sustainable aviation fuel (SAF) by issuing them quotas, according to trade sources and a Chinese consultancy, a move that could see exports to Europe increase. While Europe, the world's second-largest aviation fuel market, has

Montenegro Starts Geological Exploration Works on Krusevo HPP

Δευ, 20 Οκτωβρίου 2025 - 08:45

Serbian hydropower consultancy Institut za Vodoprivredu Jaroslav Cerni has launched geological exploration works for the planned 82 MW Krusevo hydropower plant project in northern Montenegro, the Montenegrin energy ministry said. The start of geological exploration marks the beginning of the first implementation stage

Top Shipping Nation Greece Shies Away From Maritime Carbon Tax

Παρ, 17 Οκτωβρίου 2025 - 08:03

Greece, home to the world’s second-largest merchant fleet, is walking back from supporting a global maritime carbon tax that has drawn backlash from Washington. The nation currently plans to abstain from a final vote this week on an International Maritime Organization proposal to make

Circular Waste Utilization Rather Than Waste Incineration

Παρ, 17 Οκτωβρίου 2025 - 08:02

Introduction: The transition from a linear ‘production-use-disposal’ model to a circular economy model is a central priority for Europe. The cyclic recovery of waste (Waste-to-Product or W-to-P) means converting materials from waste to new products or raw materials, with preservation of value, reduction

India Launches $77 Billion Hydropower Plan in Brahmaputra River

Πεμ, 16 Οκτωβρίου 2025 - 10:14

India has unveiled a $77 billion plan to develop over 76 gigawatts (GW) of hydropower potential from the Brahmaputra River Basin by 2047, according to the Central Electricity Authority (CEA). The plan covers 208 major hydropower and pumped storage

Adriatic Oilfield Back in Production Mode After Months-Long Shutdown

Πεμ, 16 Οκτωβρίου 2025 - 10:11

The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy. According to the UK player, the operations at the Rospo Mare field, located 20 kilometers off the coast

Oil Bosses Expect Market Surplus to Shrink Over Time

Τετ, 15 Οκτωβρίου 2025 - 09:04

The global oil market is set to tighten in the medium to longer term, recovering from short-term weakness, executives from oil majors and trading houses said on Tuesday. Rising output from OPEC+ - which groups the Organisation of Petroleum Exporting Countries and

Türkiye Improving Energy Efficiency 'Faster Than Global Average'

Τετ, 15 Οκτωβρίου 2025 - 09:02

Türkiye has been improving energy efficiency considerably faster compared to the global average in recent years, according to a senior official from the International Energy Agency (IEA). "It is great to see the ambition," Brian Motherway, head of the

Montenegro Starts Transporting Equipment for 55 MW Gvozd Wind Farm

Τρι, 14 Οκτωβρίου 2025 - 09:05

Montenegro’s state-owned power utility, Elektroprivreda Crne Gore (EPCG), said equipment for the future 55 MW Gvozd wind farm will start being transported to the construction site in the country’s northwest on Monday night. The wind turbines will

UN Shipping Emissions Deal to Pit US Against EU-Led Bloc

Τρι, 14 Οκτωβρίου 2025 - 09:03

The International Maritime Organization will meet this week to formally decide whether to impose a carbon emissions price on global shipping, a move supported by an EU-led bloc including Britain, China and Japan but strongly opposed by the U.S.

Blackrock-Backed Peru Copper Port to Expand as China Rivalry Heats Up

Δευ, 13 Οκτωβρίου 2025 - 10:09

Latin America’s top copper-shipping hub — co-owned by BlackRock Inc. — has secured approval for a $700 million expansion as it seeks to retain a key Chinese customer. The Matarani port in southern Peru won government clearance to invest in new

Greece Seeks to Finalise Chevron Gas Exploration Contract This Year, Says Minister

Δευ, 13 Οκτωβρίου 2025 - 10:06

Greece is working hard to finalise a contract with U.S. oil major Chevron and its Greek partner Helleniq Energy for energy exploration offshore Greece by the end of the year, the country's energy minister said on Friday

BP Begins New North Sea Oil Output in Sixth Startup This Year

Παρ, 10 Οκτωβρίου 2025 - 08:07

BP Plc began oil production at its Murlach project in the UK North Sea, the energy giant’s sixth startup this year as it returns to focusing on fossil fuels in hopes of reversing years of underperformance

US Sanctions Hit Serbia's Russian-Owned Oil Firm NIS

Παρ, 10 Οκτωβρίου 2025 - 08:03

The United States imposed sanctions on Serbia's Russian-owned oil company NIS on Thursday, prompting neighbouring Croatia to cut crude supplies and raising concerns that the country's sole refinery may halt operations within weeks

Iraq Signs Deal with Exxon to Help Develop Large Oilfield

Πεμ, 9 Οκτωβρίου 2025 - 09:49

Exxon Mobil signed an agreement with Iraq on Wednesday to help it develop its giant Majnoon oilfield and expand oil exports, government officials and sources said, marking the U.S. major's return to the country two years after leaving

Turkey's Gas Shift Threatens Russia and Iran's Last Big European Market

Πεμ, 9 Οκτωβρίου 2025 - 09:46

Turkey could meet more than half of its gas needs by the end of 2028 by ramping up production and increasing U.S. imports, in a shift that threatens to shrink the last major European market for Russian and Iranian suppliers