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EU Energy Ministers Discuss Ukraine Energy Crisis, Russian LNG

Τρι, 15 Οκτωβρίου 2024 - 17:21

EU energy ministers met in Luxembourg on Tuesday to discuss the bloc's rising Russian LNG imports, Ukraine's energy shortages ahead of winter and how to balance energy prices across member states, officials said

AlbEsp Joins Albania-Kosovo Power Exchange

Δευ, 14 Οκτωβρίου 2024 - 18:15

The Albania-Kosovo power exchange, the Alpex, said on Monday that Tirana-based company AlbEsp Trading & Consulting has become a member of the exchange for the Albanian bidding zone

OPEC Cuts 2024, 2025 Global Oil Demand Growth View Again

Δευ, 14 Οκτωβρίου 2024 - 18:10

OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecutive downward revision

Countries' Renewable Energy Plans Fall Short of Target, Says IRENA

Παρ, 11 Οκτωβρίου 2024 - 20:08

Governments' targets and plans to speed up the use of renewable energy are set to deliver only half of the growth needed to reach a U.N. climate goal to triple capacity by 2030, a report by the International Renewable Energy Agency (IRENA) showed

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