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Aramco CEO Says Energy Policies Alarming for Almost a Decade

Aramco CEO Says Energy Policies Alarming for Almost a Decade

Τρι, 20 Σεπτεμβρίου 2022 - 19:42

The real causes of the ongoing energy crisis are distorted energy policies, lack of contingency plans and underinvestment in the oil and gas sector, according to the CEO of Saudi Arabia’s energy company Aramco on Tuesday

EBRD Loan to Fund 150 MW of Solar in Turkey

EBRD Loan to Fund 150 MW of Solar in Turkey

Παρ, 16 Σεπτεμβρίου 2022 - 18:44

Renewables developer Adnan Polat Enerji Yatırımı AŞ (Apey) is set to add 150 MW of solar capacity in the Turkish market over the next three years

Capital: LR and LISCR Award Design Approval for World’s First 30,000cbm Liquified CO2 Carrier

Capital: LR and LISCR Award Design Approval for World’s First 30,000cbm Liquified CO2 Carrier

Παρ, 16 Σεπτεμβρίου 2022 - 13:20

Lloyd’s Register (LR) and Liberian International Ship and Corporate Registry (LISCR) have awarded Design Approval to Hyundai Mipo Dockyard (HMD) for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain.

Turkey ‘Vows’ to Continue East Med Gas Exploration

Turkey ‘Vows’ to Continue East Med Gas Exploration

Πεμ, 15 Σεπτεμβρίου 2022 - 19:37

Turkish Foreign Minister Mevlut Cavusoglu indicated on Tuesday that Ankara has no intention of giving up controversial gas exploration efforts in the Eastern Mediterranean

PM Abazović: Montenegro Can’t Endure Electricity Import Costs for Long

PM Abazović: Montenegro Can’t Endure Electricity Import Costs for Long

Τρι, 13 Σεπτεμβρίου 2022 - 20:27

Outgoing Prime Minister of Montenegro Dritan Abazović pointed to the impact of the energy crisis on state finances. “We give EUR 2 million every day for electricity imports. We can’t endure for long like this. It’s not just us – I don’t know which economy could endure this,” he stressed

OPEC Keeps Global Oil Demand Forecast Unchanged for 2023

OPEC Keeps Global Oil Demand Forecast Unchanged for 2023

Τρι, 13 Σεπτεμβρίου 2022 - 20:24

 The Organization of the Petroleum Exporting Countries (OPEC) estimated that global oil demand would remain unchanged from its report last month at 102.7 million barrels per day (bpd) in 2023, according to OPEC's latest monthly oil market report released on Tuesday

Second German Gas Supplier Seeks State Bailout

Second German Gas Supplier Seeks State Bailout

Παρ, 9 Σεπτεμβρίου 2022 - 16:50

A second German gas supplier has said it will request a bailout from Berlin after it was forced to absorb heavy losses caused by reduced deliveries from Russia’s Gazprom

Helping Secure Europe’s Energy: RINA and Asprofos Awarded Contract for Alexandroupolis FSRU

Helping Secure Europe’s Energy: RINA and Asprofos Awarded Contract for Alexandroupolis FSRU

Πεμ, 8 Σεπτεμβρίου 2022 - 19:43

RINA, the inspection, certification and consulting engineering multinational, in partnership with Asprofos, a leading Greek engineering consultancy with deep experience in energy infrastructure, have secured a contract to provide project management consultancy (PMC) services for the Alexandroupolis Independent Natural Gas System (INGS), owned and developed by the Greek Company Gastrade S.A. whose shareholders include Ms. E.Copelouzou, GasLog Cyprus Investments Ltd., DEPA Commercial S.A., Bulgartransgaz EAD and DESFA S.A.

Serbia, North Macedonia, Albania Vow Cooperation On Food, Energy Supplies

Serbia, North Macedonia, Albania Vow Cooperation On Food, Energy Supplies

Τετ, 7 Σεπτεμβρίου 2022 - 15:22

The leaders of Serbia, Albania, and North Macedonia vowed to work together to preserve peace and stability in the Western Balkans, with a specific focus on helping each other cope with possible food and energy shortages in the face of the war in Ukraine

EU Plans to Cap Russian Gas Price as Putin Threatens Supply Halt

EU Plans to Cap Russian Gas Price as Putin Threatens Supply Halt

Τετ, 7 Σεπτεμβρίου 2022 - 15:19

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter.