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Serbia Mulls Replacements for Russian Crude at Pancevo

Serbia Mulls Replacements for Russian Crude at Pancevo

Serbia's energy ministry said it is "doing everything" it can to ensure feedstock supply to the country's 96,000 b/d Pancevo refinery after the EU's embargo on seaborne imports of Russian crude takes full effect later this year

The Greece-Bulgaria Interconnection Started Test Gas Supplies

The Greece-Bulgaria Interconnection Started Test Gas Supplies

The Greece-Bulgaria gas interconnection (IGB) has started test gas supplies, the project company ICGB AD told Trend news agency. "We have started test deliveries with real quantities of natural gas, as planned. However, this is not the beginning of commercial exploitation," the ICGB said

IEA’s 7th Annual Global Conference on Energy Efficiency - Joint Statement: Urgent Action on Energy Efficiency - The Cleanest Energy is the Energy We Don’t Use

IEA’s 7th Annual Global Conference on Energy Efficiency - Joint Statement: Urgent Action on Energy Efficiency - The Cleanest Energy is the Energy We Don’t Use

Energy efficiency policies have proven successful in reducing energy bills, protecting consumers and enhancing energy security. They are also central to achieving global goals for net zero emissions from energy. Energy efficiency is particularly important in this decade, offering opportunities to reduce emissions quickly as well as reducing the overall investment requirements of net zero goals and making our net zero goals more achievable

Gazprom to Send 50% Less Gas to Italy

Gazprom to Send 50% Less Gas to Italy

Russian energy company Gazprom will only supply 50% of Italy's level of requested gas import, Italian oil and gas company Eni said on Friday

Natural Gas Prices Rise in Europe as Gazprom Cuts Italy Supply by 15%

Natural Gas Prices Rise in Europe as Gazprom Cuts Italy Supply by 15%

The price of natural gas per megawatt-hour in Europe increased by more than 10% on Wednesday after Russian energy company Gazprom warned that natural gas shipments through the Nord Stream pipeline could reduce by 40% due to technical problems

EU Ban on Russian Oil to Have Limited Impact on Global Oil Market: Experts

EU Ban on Russian Oil to Have Limited Impact on Global Oil Market: Experts

The European countries have finally agreed on banning the Russian oil exports as a reaction to the Russia-Ukraine war, however, it is widely believed that the EU can easily replace lost Russian oil although the practical impact of the measure may not be as successful as the bloc hopes

Energy Crisis Could be Turning Point for Policy Making: IEA Head

Energy Crisis Could be Turning Point for Policy Making: IEA Head

International Energy Agency's (IEA) head, Fatih Birol, said that the world is going through the first global energy crisis but despite the challenges, the crisis may well be a turning point in energy policy making for the next years to come with the energy efficiency at the heart of the policies