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Greece’s 680 MW Pumped Storage Project Seeks Investors

Πεμ, 17 Ιουνίου 2021 - 17:25

Developer Terna Energy claims the Amphilochia pumped hydroelectric energy storage project has entered the final stretch. If built, the large scale facility can boost Greece’s independence from fossil fuels and the government’s strategy for a coal-free electricity system by 2025

US Judge Blocks Biden Pause on Oil, Gas Leasing

Τετ, 16 Ιουνίου 2021 - 18:33

US district court judge Terry Doughty today signed a preliminary injunction that aims to prohibit the US Interior Department from implementing the oil and gas leasing pause, which Biden requested through an executive order signed on 27 January. Doughty agreed with a group of Republican-led states that brought a lawsuit arguing the administration went too far with its unilateral pause on leasing

Germany's KfW to Lend Albania 100 Mln Euro To Back Reform in Energy Sector

Τετ, 16 Ιουνίου 2021 - 18:20

Albania’s economy ministry said it signed a 100 million euro ($121.2 million) loan agreement with Germany's state-owned government development bank (KfW) to support a reform in the energy sector

Green Hydrogen Could Be New Player in Turkey’s Exports to Europe

Τρι, 15 Ιουνίου 2021 - 19:58

Europe is driving force in creating create window of opportunity for potential export of Turkey's green hydrogen output

Equinor Delays Restart of Brazil Oil Field to 2022

Τρι, 15 Ιουνίου 2021 - 19:55

Norway's Equinor plans to restart production and complete a second development phase at the Peregrino offshore oil field in first half 2022, extending an interruption at the company's only operated producing asset in Brazil

Serbian Government Adopts Negotiating Position for Chapter 15 – Energy

Πεμ, 10 Ιουνίου 2021 - 20:20

The Government of Serbia has adopted the negotiating position for chapter 15 – energy. The document is part of the preparation for the intergovernmental conference on the country’s accession to the European Union

OPEC Sees Strong Oil Demand Recovery This Autumn

Πεμ, 10 Ιουνίου 2021 - 20:15

Global oil demand will rise by 6 million barrels per day (bpd) this year from the lows of 2020, led by strong consumption in China and the United States, especially in the second half of 2021 with growing economies and border reopenings, OPEC said on Thursday

Iranian Diplomat Discusses Oil Agenda With OPEC Chief

Τρι, 8 Ιουνίου 2021 - 19:12

Iran’s OPEC envoy, Kazem Gharibabadi, met in Vienna with the secretary-general of OPEC, Mohammed Barkindo, to discuss the global oil market

Croatia's INA, Hungary's MOL Buying 92.25% of OMV Slovenija

Τρι, 8 Ιουνίου 2021 - 19:09

Croatian oil and gas group INA and its top shareholder, Hungarian oil company MOL, agreed to acquire a 92.25% stake in Slovenia's second largest fuel retailer OMV Slovenija d.o.o. from Austrian oil, gas and chemicals group OMV, INA said

Bulgarian Citizens Turn to Court Over Air Pollution in Sofia

Παρ, 4 Ιουνίου 2021 - 17:13

Six people filed a legal complaint in Bulgaria over the capital city’s air quality plan. Numerous environmental lawsuits are springing up in the world and some victories have been won

Russia's Gazpromneft and Novatek to Set Up Joint Arctic Offshore Venture

Παρ, 4 Ιουνίου 2021 - 17:10

Russian oil producer Gazpromneft has agreed with gas producer Novatek to set up an Arctic offshore joint venture and will together develop the North-Vrangelevskiy area, the companies said on Friday

Hungary Agrees 15-Year Gas Deal With Gazprom -Foreign Minister

Πεμ, 3 Ιουνίου 2021 - 18:52

Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on Thursday

EU's Carbon Border Tariff to Target Steel, Cement, Power - Draft

Πεμ, 3 Ιουνίου 2021 - 18:48

The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, according to a draft document seen by Reuters

Bosnian Utility Seeks Proposals for Solar, Wind, Hydropower Plants

Τετ, 2 Ιουνίου 2021 - 20:11

JP Elektroprivreda HZ HB d.d. Mostar (EP HZHB), the public power utility of Bosnia-Herzegovina, has launched a call to acquire operational renewable energy projects exceeding 1 MW in size

Iran Nuclear Deal Talks Set to Break for a Week, Diplomats Say

Τετ, 2 Ιουνίου 2021 - 20:06

Talks aimed at reviving Iran's nuclear pact with global powers were expected on Wednesday to adjourn for a week, diplomats said, with the remaining parties to the deal due to meet in the evening to sign off on the move

Greece-Bulgaria Gas Interconnector Startup Now Set for July 2022: Developer

Τρι, 1 Ιουνίου 2021 - 19:25

A key pipeline designed to bring gas from Azerbaijan into Bulgaria via Greece is now only expected to be begin operations in July 2022, with up to six months of administrative and legal procedures needed once the pipeline is completed, the project developer said May 27