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60% of Global Coal Plants to be Uncompetitive by 2022

Τρι, 30 Ιουνίου 2020 - 17:02

The rapidly declining cost of renewable energy has ensured that renewables are cheaper than new coal plants and up to 2025 will raise the share of uncompetitive coal plants, a new report said Tuesday

Turkish Companies Sign Deal for Solar Power Plant in Italy

Τρι, 30 Ιουνίου 2020 - 16:58

Turkish companies Naturel Enerji and KURTEKS Tekstil Enerji signed an agreement for the development and construction of a 50-megawatt solar power plant in Italy, Naturel energy said in a statement on Tuesday

Energean: Acquisition of Edison E&P, A Transformational Deal

Τρι, 30 Ιουνίου 2020 - 16:55

Energean agreed with Edison to acquire Edison E&P. This is a transformational deal for Energean providing immediate and material increases in cash flow and access to future growth opportunities, creating one of the largest E&P companies listed on the London Stock Exchange

EU Council Adopts Post-Pandemic Roadmap in Energy Sector

Παρ, 26 Ιουνίου 2020 - 17:51

The Council of the European Union adopted resolutions in response to the post-pandemic recovery roadmap in the EU energy market, with a focus on cutting the usage of fossil fuels and the energy transition

Akkuyu Nuke Power Plant's 2nd Reactor Foundation Laid

Παρ, 26 Ιουνίου 2020 - 17:43

The foundation for the second unit of Turkey's Akkuyu Nuclear Power Plant (NPP) has been laid, Turkey's Energy and Natural Resources Minister Fatih Donmez announced on Friday

5 Major Oil Firms Sued for Causing Climate Change

Παρ, 26 Ιουνίου 2020 - 17:40

A US attorney general on Thursday filed a lawsuit against four major oil companies for systematically and intentionally misleading consumers about the role their products play in causing climate change

Increase in Prices of Fuel at Gas Stations in Bosnia and Herzegovina

Παρ, 26 Ιουνίου 2020 - 17:37

Fuel prices at gas stations in Bosnia and Herzegovina have been rising again in the last few days, so that they are more than six to ten pfennigs per liter, and according to experts, it can be expected to maintain the growth trend in the coming period, Radio Sarajevo reports

Croatian Oil Firm INA Aims for $282 Million Biorefinery Investment

Πεμ, 25 Ιουνίου 2020 - 19:42

Croatia’s oil and gas firm INA said on Tuesday it aims to invest 250 million euros ($282.4 million) to build a biorefinery in the central town of Sisak to help reduce its carbon footprint

Iran Launches New Pipeline to Reroute Oil Exports

Πεμ, 25 Ιουνίου 2020 - 19:37

Iran launched three oil and petrochemical projects on Thursday, including the new 1000-kilometer-long Goreh-Jaskoil pipeline in the south of Iran, which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz

Wells Fargo Signs Multi-Year Contracts With Shell for Clean Energy

Τετ, 24 Ιουνίου 2020 - 17:41

U.S. lender Wells Fargo said on Wednesday it had signed multi-year purchase agreements for renewable energy with Royal Dutch Shell’s units, as it progresses toward its clean energy goals

Bankers Petroleum Resumes Oil Production in Albania -Report

Τετ, 24 Ιουνίου 2020 - 17:37

The largest oil producer in Albania, Chinese-owned Bankers Petroleum, has resumed operations following a suspension of almost a month due to the coronavirus pandemic, local media reported on Wednesday

US LNG Exports Fall by More Than Half in 2020 So Far

Τετ, 24 Ιουνίου 2020 - 17:30

The US' liquefied natural gas (LNG) exports have declined by more than half so far this year, the country's Energy Information Administration (EIA) said in a statement on Tuesday

Turkey's LPG Imports Down 28.2 % in April 2020

Τετ, 24 Ιουνίου 2020 - 17:28

Turkey's liquefied petroleum gas (LPG) imports decreased by 28.2% to 181,854 tonnes in April 2020 compared to the same month of 2019, according to the latest data from the country's energy watchdog

BP Invests $5M on Software to Detect Methane Leaks

Τρι, 23 Ιουνίου 2020 - 19:54

British energy giant BP's technology arm, BP Ventures, has made a $5 million investment in a cloud-based geospatial analytics software company to monitor environmental changes, including methane emissions, using advanced spectral imagery and machine learning, BP announced in a statement Tuesday

SO2 Emissions in Western Balkans Coal Plants Six Times Above Limit in 2019

Τρι, 23 Ιουνίου 2020 - 19:48

There was no improvement last year on air pollution from lignite-fired industrial facilities reported to the European Environment Agency by Bosnia and Herzegovina, Kosovo*, Montenegro, Serbia and North Macedonia, Bankwatch said. A comparison with the National Emissions Reduction Plans reveals coal plant sulphur dioxide emissions were increased and that they were six time higher than the ceiling

“Health and Safety Awards 2020: Six Important Distinctions for DESFA”

Τρι, 23 Ιουνίου 2020 - 13:24

DESFA was awarded, once again, at "Health and Safety Awards 2020" for its leading practices, actions and policy in the areas of Health and Safety at work. The Operator received six distinctions from the eight nominated candidatures. In particular, DESFA was awarded as WINNER