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English Edition

New Leadership for Hellenic Hydrocarbon Resource Management

New Leadership for Hellenic Hydrocarbon Resource Management

Τετ, 15 Ιουλίου 2020 - 10:12

The Hellenic Hydrocarbon Resources Management S.A. (HHRM S.A.), the independent company owned by the Hellenic Republic that oversees and manages the nation’s oil & gas exploration & production, investor relations and a growing portfolio of international energy infrastructure projects announces the appointment of a new chairman of the board of directors and a new chief executive.

Greece Says Turkey is Being ‘Petty’ Over Hagia Sophia

Greece Says Turkey is Being ‘Petty’ Over Hagia Sophia

Τρι, 14 Ιουλίου 2020 - 19:39

Greece on Tuesday described Turkey’s decision to convert the Hagia Sophia in Istanbul to a mosque as “unnecessary and petty” and called for tougher European Union action over Ankara’s gas exploration activities in the Mediterranean

LNG Transport Options Widen in North America

LNG Transport Options Widen in North America

Τρι, 14 Ιουλίου 2020 - 19:33

North America has more options available for transporting liquefied natural gas (LNG) by truck and rail this year, which may help small projects and remote locations

Bulgartransgaz Gets Ten Offers for a Total of 542 Mln Euro in Loans

Bulgartransgaz Gets Ten Offers for a Total of 542 Mln Euro in Loans

Παρ, 10 Ιουλίου 2020 - 15:15

State-owned gas transmission system operator Bulgartransgaz said that it has received ten offers for loans totalling 542 million euro ($613 million) as part of a procedure to borrow six-year loans in the total amount of 400 million euro

IATA Calls for Sustainable Aviation Fuel Recovery

IATA Calls for Sustainable Aviation Fuel Recovery

Παρ, 10 Ιουλίου 2020 - 15:11

The International Air Transport Association (IATA) called for the International Energy Agency (IEA) to prioritize investments in sustainable aviation fuel (SAF) to help support the aviation sector’s contribution to the post-COVID-19 recovery, a statement from the association said Thursday

Biomass Can Meet One-Third of Turkeys Annual Power

Biomass Can Meet One-Third of Turkey's Annual Power

Παρ, 10 Ιουλίου 2020 - 15:07

Biomass theoretically has the potential to meet almost one-third of Turkey's yearly electricity consumption, according to Professor Gunnur Kocar, the manager of Ege University Biomass Energy Systems and Technologies Application and Research Center (BESTMER) told Anadolu Agency (AA) on Thursday

Bottom of the Barrel: IEA Sees Oil Output Recovery

Bottom of the Barrel: IEA Sees Oil Output Recovery

Παρ, 10 Ιουλίου 2020 - 15:04

Oil output hit a nine-year low last month as producers reacted to the plunge in demand triggered by the coronavirus crisis, the IEA said Friday, but output is now set to recover

Albania: State Oil Company Workers Protest Reduced Wages

Albania: State Oil Company Workers Protest Reduced Wages

Πεμ, 9 Ιουλίου 2020 - 19:33

Over 100 employees of the state oil company Albpetrol held a protest in front of the company’s offices in Fier. They claim that, for the past three months, they were paid less than half their monthly salaries

Powering a Climate-Neutral Economy: Commission Sets Out Plans for the Energy System of the Future and Clean Hydrogen

Powering a Climate-Neutral Economy: Commission Sets Out Plans for the Energy System of the Future and Clean Hydrogen

Πεμ, 9 Ιουλίου 2020 - 19:04

To become climate-neutral by 2050, Europe needs to transform its energy system, which accounts for 75% of the EU's greenhouse gas emissions.  The EU strategies for energy system integration and hydrogen, adopted today, will pave the way towards a more efficient and interconnected energy sector, driven by the twin goals of a cleaner planet and a stronger economy

Over 50% of EBRD Annual Investment to Go Green By 2025

Over 50% of EBRD Annual Investment to Go Green By 2025

Πεμ, 9 Ιουλίου 2020 - 19:00

The European Bank for Reconstruction and Development (EBRD) plans to devote over 50% of its annual investments to the green economy by 2025 in line with the bank's newly approved proposal, a statement said Wednesday

OMV Petroms Q2 Daily Hydrocarbon Output Drops 2.6% Y/Y

OMV Petrom's Q2 Daily Hydrocarbon Output Drops 2.6% Y/Y

Τετ, 8 Ιουλίου 2020 - 17:57

The hydrocarbon production of Romania's top oil and gas group OMV Petrom [BSE:SNP] dropped 2.64% on the year to 147,300 boe (barrels of oil equivalent) per day in the second quarter of 2020, the company said on Wednesday

Silba Island May Use Solar Power to Turn Seawater Into Drinking Water

Silba Island May Use Solar Power to Turn Seawater Into Drinking Water

Τρι, 7 Ιουλίου 2020 - 18:14

A desalinization system powered by photovoltaics was proposed for Silba in a preinvestment study produced within the PROSEU project, funded by the European Union. The small Adriatic island in Croatia is struggling with its external drinking water supply and a solar power plant could be the solution. Excess electricity can be delivered to the grid or stored

Russias Oil Revenue Down 33% Between Jan-May 2020

Russia's Oil Revenue Down 33% Between Jan-May 2020

Τρι, 7 Ιουλίου 2020 - 18:06

Russia's oil export revenue declined by 33% to $33.7 billion in the first five months of 2020 compared to the same period of 2019, data from the Russian Federal Customs Service showed on Tuesday