English Edition

Germany’s Gas Tariff Puts Eu Energy Solidarity at Risk, Energy Commissioner Says

Τρι, 5 Μαρτίου 2024 - 18:15

Germany’s levy on cross-border gas trading puts the EU’s energy solidarity at risk and hurts efforts to cut the bloc’s reliance on Russian gas, the bloc’s energy commissioner and deputy Czech PM told reporters on Monday (4 March) following a meeting of EU energy ministers

HELLENiQ Energy - Fourth Quarter / Full Year 2023 Financial Results: Strong Profitability on Increased Production and Exports, Amid a Favorable Refining Environment

Πεμ, 29 Φεβρουαρίου 2024 - 20:11

HELLENiQ ENERGY Holdings S.A. ("Company") announced its FY23 financial results, with Adjusted EBITDA coming in at €1,237m and Adjusted Net Income amounting to €606m.

TotalEnergies to Supply LNG to Singaporean Firm Sembcorp Fuels for 16 Years

Πεμ, 29 Φεβρουαρίου 2024 - 20:05

French oil giant TotalEnergies signed a sale and purchase agreement (SPA) with Sembcorp Fuels, a wholly owned subsidiary of Singapore-based Sembcorp Industries, the company announced on Thursday

Bulgaria to Connect Up to 1.5 GW of New PV Capacity in 2024

Τετ, 21 Φεβρουαρίου 2024 - 20:08

Bulgaria will connect between 1 GW and 1.5 GW of new solar photovoltaic (PV) capacity to the power grid this year, Electricity System Operator (ESO)'s central dispatch office director Dimitar Zarchev said

Record US Renewable Energy Investment Not Enough to Meet Climate Goals -Report

Τετ, 21 Φεβρουαρίου 2024 - 20:04

U.S. investment in wind and solar power plants hit record levels last year, but even that dramatic rate of expansion fell short of the level needed to meet the nation's climate change goals, according to an analysis published on Wednesday

BayWa r.e. to Take Over 44.5 MW Solar Project Poarta Albă in Romania

Τρι, 20 Φεβρουαρίου 2024 - 20:03

The move represents a step in a strategic partnership between the two companies, and HVAC Systems will continue to develop the Poarta Albă project from the takeover stage until its commissioning, according to a press release from HVAC systems

At IEA Event, COP28 President and Other Climate and Energy Leaders Identify Priority Actions to Deliver on Dubai Outcomes

Τρι, 20 Φεβρουαρίου 2024 - 19:48

High-level roundtable convenes countries from around the world to discuss actions needed to achieve key energy targets agreed at COP28 and keep 1.5 °C goal within reach

VENSYS Energy AG Installs First Wind Project in Greece for Lightwind – 4.1MW in Fokida

Δευ, 19 Φεβρουαρίου 2024 - 18:43

VENSYS Energy AG - German wind turbine manufacturer and member of the Goldwind Group – has succesfully installed its first project in Greece with Lightwind for the Treis Vrises wind farm in Fokida, with a total capacity of 4.1 MW

Saudi Aramco Likely to Issue a Bond in 2024, CFO Says

Δευ, 19 Φεβρουαρίου 2024 - 18:41

Saudi Aramco is likely to issue a bond this year and will prioritise longer tenures of up to 50 years, Chief Financial Officer Ziad Al-Murshed said on Monday

Total Boss Warns Governments Risk Mis-Selling Energy Transition

Παρ, 16 Φεβρουαρίου 2024 - 19:35

The long-serving chief executive of France’s TotalEnergies has warned that governments are mis-selling the energy transition if they fail to acknowledge the shift to a less-polluting system will lead to higher energy costs

Turkey Boosts Gas Transit Capacity for Bulgaria

Παρ, 16 Φεβρουαρίου 2024 - 19:32

Turkey has offered to increase the capacity of transit gas supplies to Bulgaria after state companies Botas and Bulgartransgaz signed a long-discussed agreement

Croatia Unveils 400 Mln Euro Gas Pipeline Project

Τρι, 13 Φεβρουαρίου 2024 - 19:39

The Croatian government announced plans on Thursday to construct two natural gas pipelines totaling 400 million euro ($430 million) to improve the country's gas supply security and facilitate deliveries to neighboring Hungary and Slovenia

Exclusive: OPEC Secretary General Believes Long-Term Demand Outlook is Robust

Τρι, 13 Φεβρουαρίου 2024 - 19:34

Saudi Arabia's decision to postpone oil capacity expansion plans should not be interpreted as an assessment that demand for crude is falling, OPEC's Secretary General said on Tuesday. "First of all I want to be clear I cannot comment on a Saudi decision ... but this is in no way to be misconstrued as a view that demand is falling," Haitham Al Ghais told Reuters in Dubai on the sidelines of the World Governments Summit