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Israel Enters the oil exporters club: Energean exports hydrocarbon liquids from Karish

Τρι, 14 Φεβρουαρίου 2023 - 10:17

Energean is delighted to confirm the first ever lifting of an Israeli crude oil cargo has taken place at the Company’s Karish field. For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets. Utilising the regionally unique liquids storage and offloading capability of the FPSO "Energean Power", the liquids are offloaded in a controlled manner and sold into various global markets.

Turkey's Unfinished Akkuyu Nuclear Plant Not Damaged By Quake - Rosatom Official

Παρ, 10 Φεβρουαρίου 2023 - 18:15

Turkey’s Akkuyu Nuclear Power Plant, which is currently under construction, was not damaged by a major earthquake that struck central Turkey and northwest Syria on Monday, said an official from the Russian company building the plant

EU Vows to Counter China Over ‘Massive’ Subsidies to Its Industries

Παρ, 10 Φεβρουαρίου 2023 - 18:08

Europe must do more to fight back against “massive” hidden handouts doled out by China to its industries, the European Commission president said, as the EU rushes to counter a swath of global subsidies that threaten its competitiveness

China's Oil Demand Bounce May Push Producers to Reconsider Output, IEA Says

Πεμ, 9 Φεβρουαρίου 2023 - 16:38

Oil producers may have to reconsider their output policies following a demand recovery in China, the world's second-largest oil consumer, the International Energy Agency's Executive Director Fatih Birol said on Sunday

Bosnia Has the Fifth-Highest Mortality Rate from Air Pollution in the World

Πεμ, 9 Φεβρουαρίου 2023 - 16:30

Air pollution in Bosnia and Herzegovina’s cities remains some of the worst in the world. In January in Sarajevo, daily readings of the deadliest pollutant (known as particulate matter 2.5) were above 50µg/m³ over 16 days, several times what the World Health Organization (WHO) deems safe

Romania’s Tax Authority Asks Russian Oil Giant Lukoil to Pay Additional Tax

Τετ, 8 Φεβρουαρίου 2023 - 18:57

The Romanian National Agency for Fiscal Administration (ANAF) recently issued a tax assessment decision to the Russian oil giant Lukoil, following a tax inspection, requiring it to pay an additional tax in the total amount of over RON 50 million for profits obtained in 2021 from the sale of petroleum products, including exports

IEA: ‘Almost All’ Additional Electricity Generation Installed Through to 2025 Will Be Renewable or Nuclear

Τετ, 8 Φεβρουαρίου 2023 - 18:54

The Agency has today (8 February) published its Electricity Market Outlook for 2023, tracking trends in electricity demand and sources of electricity around the globe for 2022 and setting out forecasts through to 2025

ENEL Starts Work on Solar 'Gigafactory' in Sicily

Τρι, 7 Φεβρουαρίου 2023 - 19:20

Enel on Monday inaugurated the worksite to expand its solar-energy gigafactory in the Sicilian city of Catania to take its capacity up from the present 200 megawatts a year to three gigawatts by 2024

Romania’s Petromida Refinery Back to Optimal Operational Capacity

Τρι, 7 Φεβρουαρίου 2023 - 19:14

Romania’s Rompetrol Rafinare [BSE:RRC] said on Monday that its Petromida Navodari oil refinery is operating at optimal capacity, following the completion of scheduled maintenance works

Bulgaria Begins Work on Serbia Gas Link, Sees Operations By Year-End

Παρ, 3 Φεβρουαρίου 2023 - 18:31

Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe

Western Sanctions Push Russia's Energy Revenues to Lowest Since 2020

Παρ, 3 Φεβρουαρίου 2023 - 18:28

Russia's monthly budget revenues from oil and gas fell in January to their lowest level since August 2020 under the impact of Western sanctions on its most lucrative export, Finance Ministry data showed on Friday

OPEC+ Committee Recommends No Change in Oil Output Policy at Virtual Meeting

Τετ, 1 Φεβρουαρίου 2023 - 19:03

The OPEC+ Joint Ministerial Monitoring Committee, which tracks the alliance’s compliance with its output quota, convened digitally on Wednesday. The JMMC will next meet on April 3, one delegate said

Court of Bih Annuls Ruling that State Aid for Coal Plant Tuzla 7 Was Illegal

Τετ, 1 Φεβρουαρίου 2023 - 18:59

The Court of Bosnia and Herzegovina annulled the ruling of the State Aid Council of BiH that loan guarantees for the Tuzla 7 coal power plant project were illegal. Government-controlled coal and power producer Elektroprivreda BiH pointed out the verdict voids the initial decision and that the case would be returned to the regulatory body for reconsideration