1. English Edition

English Edition

Global Oil Demand to Increase 6.56% in 2021: OPEC

Global Oil Demand to Increase 6.56% in 2021: OPEC

Πεμ, 14 Ιανουαρίου 2021 - 20:29

Global oil demand is expected to increase by 6.56%, by 5.9 million barrels per day (bpd), in 2021 to an average of 95.91 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Thursday

OMV Petroms Q420 Daily Hydrocarbon Output Drops 7.6% Y/Y

OMV Petrom's Q4'20 Daily Hydrocarbon Output Drops 7.6% Y/Y

Πεμ, 14 Ιανουαρίου 2021 - 20:27

The hydrocarbon production of Romania's top oil and gas group OMV Petrom [BSE:SNP] dropped 7.6% on the year to 140,200 barrels of oil equivalent (boe) per day in the fourth quarter of 2020, the company said on Thursday

IEA Chief Says U.S. shale is Needed for Now as Oil Prices Climb

IEA Chief Says U.S. shale is Needed for Now as Oil Prices Climb

Τρι, 12 Ιανουαρίου 2021 - 18:31

Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest since February 2020. Prices have climbed in recent days after promises of unilateral output cuts from Saudi Arabia spurred a further rally

US Capitol Secured, 4 Dead After Rioters Stormed the Halls of Congress to Block Bidens Win

US Capitol Secured, 4 Dead After Rioters Stormed the Halls of Congress to Block Biden's Win

Πεμ, 7 Ιανουαρίου 2021 - 20:22

The US Capitol is once again secured but four people are dead -- including one woman who was shot -- after supporters of President Donald Trump breached one of the most iconic American buildings, engulfing the nation's capital in chaos after Trump urged his supporters to fight against the ceremonial counting of the electoral votes that will confirm President-elect Joe Biden's win

EU Commission Clears Buy of CEZ Assets in Romania by Macquarie

EU Commission Clears Buy of CEZ Assets in Romania by Macquarie

Πεμ, 7 Ιανουαρίου 2021 - 20:14

The European Commission (EC) said on Monday it has approved the acquisition of energy assets owned by Czech group CEZ in Romania by Macquarie Infrastructure and Real Assets (MIRA), part of global financial services organisation Macquarie Group

Energean Completes Acquisition of Stake in Block 2, Offshore Greece

Energean Completes Acquisition of Stake in Block 2, Offshore Greece

Πεμ, 7 Ιανουαρίου 2021 - 11:27

Energean plc, is pleased to announce that it has completed its acquisition of Total’s entire 50% working interest share and operatorship position in Block 2, offshore Western Greece. Combined with the 25% working interest that was acquired through the acquisition of Edison E&P, Energean’s working interest in the block is now 75%; Hellenic Petroleum holds the remaining 25%.

New Indonesia FSRU Leaves Shipyard

New Indonesia FSRU Leaves Shipyard

Τρι, 5 Ιανουαρίου 2021 - 15:42

The 170,000m³ Jawa Satu floating storage and regasification unit (FSRU) left South Korean shipbuilder Samsung Heavy Industries' Geoje shipyard yesterday

Εnel Χ Signed Strategic Agreement With Weltmeister to Boost Electric Vehicle Exports

Εnel Χ Signed Strategic Agreement With Weltmeister to Boost Electric Vehicle Exports

Τρι, 5 Ιανουαρίου 2021 - 02:47

Enel X, the Enel Group’s business line dedicated to advanced energy services and products, signed an agreement with Weltmeister, the electric vehicle (EV) brand part of WM Motor Technology Co Ltd, a Shanghai-based automotive company specialized in the creation of battery electric vehicles (BEVs).

Eni Signs Energy Cooperation MoU With China

Eni Signs Energy Cooperation MoU With China

Πεμ, 31 Δεκεμβρίου 2020 - 12:44

Italian oil major Eni and the International Cooperation Center of the National Development and Reform Commission (ICC-NDRC) of China have an agreement promoting the collaboration between Eni and Chinese energy players

TAP Starts Transporting First Gas

TAP Starts Transporting First Gas

Πεμ, 31 Δεκεμβρίου 2020 - 12:40

Following the start of commercial operations on November 15, 2020, the Trans Adriatic Pipeline (TAP) AG confirmed today the commencement of gas flows from Azerbaijan. The first gas has reached Greece and Bulgaria, via the Nea Mesimvria interconnection point with DESFA, as well as Italy, via the Melendugno interconnection point with SNAM Rete Gas (SRG)

Low Oil, Covid Create Volatile Year for Shipping: Report

Low Oil, Covid Create Volatile Year for Shipping: Report

Τετ, 30 Δεκεμβρίου 2020 - 18:19

The coronavirus pandemic caused a major disruption across the global economy with the collapse in oil demand and new lockdowns leading to an immensely volatile year for the shipping market, a report said