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US Embraces Serbia’s Energy Shift to Fend Off Kremlin Influence

Παρ, 11 Οκτωβρίου 2024 - 20:03

The US will support Serbia’s efforts to dial back its reliance on fossil-fuel imports from Russia and accelerate its transition to renewable energy resources, a senior State Department diplomat said during a visit to the Balkan nation

Türkiye Calls on Greece, Bulgaria to Expand Capacity of Existing Gas Pipeline

Πεμ, 10 Οκτωβρίου 2024 - 19:39

Turkish Energy and Natural Resources Minister Alparslan Bayraktar on Wednesday called on Greece and Bulgaria to expand the capacity of the existing interconnection natural gas pipeline to boost natural gas exports to Southeast European countries

Stop Israel from Bombing Iran's Oil Sites, Gulf States Urge US

Πεμ, 10 Οκτωβρίου 2024 - 19:36

Gulf states are lobbying Washington to stop Israel from attacking Iran's oil sites because they are concerned their own oil facilities could come under fire from Tehran's proxies if the conflict escalates, three Gulf sources told Reuters

OMV Petrom Premiers New Automatic Drilling Technology in Romania

Τρι, 24 Σεπτεμβρίου 2024 - 19:58

A state-of-the-art automated drilling rig has begun operations in Romania. The new technology improves efficiency of operations

Climate Goal to Triple Global Renewable Energy by 2030 Within Reach, IEA says

Τρι, 24 Σεπτεμβρίου 2024 - 19:54

A goal to triple global renewable energy capacity by 2030 and cut fossil fuel use is within reach, the International Energy Agency said in a report on Tuesday, but will require a huge push to unlock bottlenecks such as permitting and grid connections

Bulgartransgaz, Greece’s DESFA Collaborate to Unleash Hydrogen Potential

Τετ, 18 Σεπτεμβρίου 2024 - 18:32

Prospective hydrogen producers, consumers, traders and suppliers can submit their expected needs, delivery points and possible production locations to Greece’s gas transmission system operator DESFA and its Bulgarian counterpart Bulgartransgaz. The public call deadline is November 30

Chevron CEO Hits Biden's Natural Gas Policies, Says Fuel is Crucial for AI

Τετ, 18 Σεπτεμβρίου 2024 - 18:27

Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden's administration for what he described as "attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI)

EBRD Funds Expansion of Renewable Energy Capacity in Türkiye

Τρι, 17 Σεπτεμβρίου 2024 - 20:01

The European Bank for Reconstruction and Development (EBRD) has approved a loan of US$ 60 million (€55 million) to Türkiye’s Borusan EnBW Enerji for the development and construction of 116 MW of onshore wind energy in the Sivas and Tekirdağ regions. This investment marks a significant step toward Türkiye’s ambitious net-zero target of 2053

COP29 Leaders Unveil Climate Funding and Energy Storage Goals

Τρι, 17 Σεπτεμβρίου 2024 - 19:56

Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its plans on Tuesday for what it hoped to achieve, as countries continue to wrestle with how to raise ambitions for a new financing target

Egypt's Tender for 20 Winter LNG Cargoes Fully Awarded, Sources Say

Παρ, 13 Σεπτεμβρίου 2024 - 19:41

Egypt's recent tender seeking 20 cargoes of liquefied natural gas (LNG) to cover winter demand after a steep decline in domestic gas output has been fully awarded, four trading sources told Reuters on Friday

Britain's Approval of New Coal Mine Unlawful, Court Rules

Παρ, 13 Σεπτεμβρίου 2024 - 19:40

Britain's approval of its first new deep coal mine in decades was unlawful, London's High Court ruled on Friday following a legal challenge brought by environmental campaigners

Suppliers Spooked By Draghi’s Call to Decouple Price of Green Electricity from Gas

Τετ, 11 Σεπτεμβρίου 2024 - 20:15

Mario Draghi’s EU competitiveness report, launched with much fanfare in Brussels yesterday, included a proposal for an electricity market reform that the European Commission shied away from during the energy crisis of 2022

Energean plc Announces Record Financial Results and Production for Half-Year 2024

Τετ, 11 Σεπτεμβρίου 2024 - 19:04

Energean plc is pleased to announce its half-year results for the six months ended 30 June 2024 (“H1 2024”)

Russia Raises Forecast for 2024 Oil, Gas Export Revenues

Δευ, 9 Σεπτεμβρίου 2024 - 15:12

Russia's economy ministry has revised up its 2024 forecasts for export sales of oil and gas, key sources of budget revenues, by $17.4 billion from the previous estimate to $239.7 billion thanks to a more positive price outlook, a document seen by Reuters showed

Moldova Promotes Biogas Energy Targets Amid Unused Quotas

Δευ, 9 Σεπτεμβρίου 2024 - 15:10

The Ministry of Energy of Moldova is promoting further usage of biogas energy recovery technologies to generate power in the country and pointing to untapped potential and unused quotas

ENGIE Romania Launches a Hybrid Wind and Solar Power Plant to Diversify its Activities

Παρ, 6 Σεπτεμβρίου 2024 - 17:15

ENGIE Romania adds a new dimension to its renewable energy portfolio with the commissioning of its first hybrid power plant in Gemenele, Brăila County