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Romanias Transgaz Borrows EUR 44 Mln to Consolidate Transfer Capacity to Moldova

Romania's Transgaz Borrows EUR 44 Mln to Consolidate Transfer Capacity to Moldova

Romanian gas transport system operator Transgaz has contracted a one-year loan to finance investments in northeastern Romania and ensure its transfer capacity towards the Republic of Moldova - where it owns and operates through Vestmoldtransgaz a pipeline from Iasi-Ungheni cross-border interconnector to Chisinau industrialized area

Russia Says No Rush for Any Revisions on OPEC+ Output Plans

Russia Says No Rush for Any Revisions on OPEC+ Output Plans

Russia's Deputy Prime Minister said there is no need for immediate action to balance the oil market amid reports that the OPEC+ group may tweak its output schedule over potentially lower demand resulting from the new COVID-19 variant

TERNA ENERGY SELECTS INTEC S.A. and the PI SYSTEM, OSIsoft’s Leading Data Management Platform, for its Renewable Energy Assets

TERNA ENERGY SELECTS INTEC S.A. and the PI SYSTEM, OSIsoft’s Leading Data Management Platform, for its Renewable Energy Assets 

INTEC S.A. a leading independent software and services provider, is pleased to announce that TERNA ENERGY S.A., a leader in production and storage of clean energy, with a strong portfolio of projects in Greece and abroad, aiming to reach 3,000 MW of installed RES capacity in the next 5 years, has selected OSIsoft’s PI System solution to provide a fully integrated data management software platform for its Renewable Energy assets.

Turkeys Daily Power Consumption Up 0.81% on Nov. 11

Turkey's Daily Power Consumption Up 0.81% on Nov. 11

Turkey's daily electricity consumption increased by 0.81% on Thursday compared to the previous day, totaling 909,733 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday

North Macedonia Declares State of Electricity Crisis

North Macedonia Declares State of Electricity Crisis

North Macedonia's government declared a 30-day state of crisis due to difficulties in power supply caused by production outages and lack of additional sources for electricity generation, it said

Countries, Cities, Carmakers Commit to End Fossil-Fuel Vehicles By 2040

Countries, Cities, Carmakers Commit to End Fossil-Fuel Vehicles By 2040

A group of countries, companies and cities committed on Wednesday to phasing out fossil-fuel vehicles by 2040, as part of efforts to cut carbon emissions and curb global warming. But the world's top two carmakers, Toyota Motor Corp (7203.T) and Volkswagen AG (VOWG_p.DE), as well as major car markets China, the United States and Germany, did not sign up, highlighting the challenges in shifting to zero emissions