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Airbus Charts Path to Zero Emission Aviation By 2035

Airbus Charts Path to Zero Emission Aviation By 2035

Δευ, 21 Σεπτεμβρίου 2020 - 18:47

With pressure mounting on the airline industry to play its part in combating greenhouse gas emissions, European manufacturer Airbus today announced plans for three emissions-free aircraft. The Toulouse-based planemaker said the models could enter commercial service by 2035

Cengiz Energy Invests $150M in Uzbekistan Power Plant

Cengiz Energy Invests $150M in Uzbekistan Power Plant

Δευ, 21 Σεπτεμβρίου 2020 - 18:43

Turkey's Cengiz Energy will establish a natural gas combined cycle power plant in Uzbekistan with an investment of US$150 million, the company announced on Monday

Bulgaria Aims to Add 2.6 GW of Renewable Capacity by End-2030

Bulgaria Aims to Add 2.6 GW of Renewable Capacity by End-2030

Πεμ, 17 Σεπτεμβρίου 2020 - 19:31

Bulgaria is targeting a further 2,645 MW of installed electricity generation capacity from renewable sources, mostly photovoltaic plants, by the end of 2030, in line with the EU's goals for green energy transition, a draft national strategy published on the parliament’s website shows

Oil Price Down As Storm-Halted Output Resumes in US

Oil Price Down As Storm-Halted Output Resumes in US

Πεμ, 17 Σεπτεμβρίου 2020 - 19:26

Oil prices were down on Thursday as concerns about oversupply re-emerged after oil companies started to resume production in the US Gulf of Mexico following Hurricane Sally

Hitachi to Quit Suspended Horizon Nuclear Plant in UK

Hitachi to Quit Suspended Horizon Nuclear Plant in UK

Τετ, 16 Σεπτεμβρίου 2020 - 16:53

Japanese conglomerate Hitachi announced Wednesday that it would end business operations for the construction of the Horizon nuclear power plant project in Wales, 20 months after its suspension

Energean:Contracts Signed for the Sale of an Additional 1.4 bcm/yr from the Karish Project Total Firm GSPAs are now 7.0 bcm/yr

Energean:Contracts Signed for the Sale of an Additional 1.4 bcm/yr from the Karish Project Total Firm GSPAs are now 7.0 bcm/yr

Τετ, 16 Σεπτεμβρίου 2020 - 12:07

Energean is pleased to announce that Energean Israel (Energean, 70%) has signed two new Gas Sales and Purchase Agreements ("GSPAs"), which, combined, represent quantities of gas of up to 1.4 bcm/yr and increase total firm contracted gas sales from its flagship Karish project to approximately 7.0 bcm/yr on plateau. The new agreements represent contracted revenues

Romgaz, GSP to Build Gas Power Plant, Solar Park in Romania

Romgaz, GSP to Build Gas Power Plant, Solar Park in Romania

Δευ, 14 Σεπτεμβρίου 2020 - 19:42

Romanian natural gas producer Romgaz [BSE:SNG] and Grup Servicii Petroliere (GSP) Holding signed a memorandum of understanding for the construction of a 150MW gas power plant and a 50MW solar park, the government said

Global Oil Production Increases in August 2020

Global Oil Production Increases in August 2020

Δευ, 14 Σεπτεμβρίου 2020 - 19:38

Global liquids production in August increased by 1.32 million barrels per day (bpd) to an average of 89.88 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday

Large-Scale Solar Deployment Picks Up in Spain

Large-Scale Solar Deployment Picks Up in Spain

Παρ, 11 Σεπτεμβρίου 2020 - 16:44

Solar is regaining speed in Spain after the Covid-19 crisis. Iberdrola is now building 150 MW, while Foresight recently acquired a 26.1 MW project. FRV has secured financing for a 136 MW array, Audax plans to issue green bonds to finance its pipeline, and an 800 MW solar park is expected to provide with power Alcoa’s aluminum plant in Galicia

Russias Gazprom Boosts Natural Gas Supplies to China

Russia's Gazprom Boosts Natural Gas Supplies to China

Πεμ, 10 Σεπτεμβρίου 2020 - 19:31

Russia's natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared to June, a senior Gazprom official said

Final Stage Begins for 1st Reactor Manuf. of Akkuyu NPP

Final Stage Begins for 1st Reactor Manuf. of Akkuyu NPP

Πεμ, 10 Σεπτεμβρίου 2020 - 19:09

The final manufacturing stage of the first reactor of Akkuyu Nuclear Power Plant (NPP) has started, AEM-technology, which operates alongside Rosatom's machine-building division of Atomenergomash, announced on Thursday

Moody’s Upgrades Oil, Gas Sector Outlook to Stable

Moody’s Upgrades Oil, Gas Sector Outlook to 'Stable'

Τετ, 9 Σεπτεμβρίου 2020 - 18:43

Global rating agency Moody's on Wednesday changed its outlook for the global oil and gas sector from negative to stable, driven by an expected budding recovery through June 2021 following an extremely weak second quarter

Bulgarian Energy Holding: BGN 50 Million Loan for Mini Maritsa Iztok

Bulgarian Energy Holding: BGN 50 Million Loan for Mini Maritsa Iztok

Τετ, 9 Σεπτεμβρίου 2020 - 18:39

For the normal operation of Mini Maritza Iztok, the Bulgarian Energy Holding (BEH) will provide a long-term loan of BGN 50 million. An additional BGN 5 million will be provided for the employees related to the update of their remuneration from October 1

Russia’s ‘Basic Instinct’ Dig Provokes Spat With Ally Serbia

Russia’s ‘Basic Instinct’ Dig Provokes Spat With Ally Serbia

Τρι, 8 Σεπτεμβρίου 2020 - 20:09

Serbia accused Russia of "primitivism and vulgarity” on Sunday after Russia’s diplomatic spokeswoman appeared to mock Serbia’s president on social media, marking a rare criticism toward Belgrade’s longtime ally