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Western Balkans Can Leapfrog Gas for Solar, Wind for Energy Transition: Report

Western Balkans Can Leapfrog Gas for Solar, Wind for Energy Transition: Report

Western Balkan countries have the potential to generate four times more electricity from solar and wind projects than from gas-fired plants, saving at least €9 billion in energy costs and reducing carbon emissions, a new report by the US think tank Global Energy Monitor (GEM) revealed on Tuesday

China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch

China Pulls out of Cyprus’ First LNG Import Terminal Under Cash Crunch

China-based CPP-Metron Consortium has pulled out of a contract with the government of Cyprus for the construction of what was to be the island’s first natural gas import terminal, claiming non-payment by the government, the Associated Press reported on Thursday

Why Chinese Technology Set Off Alarm Bells in Germany

Why Chinese Technology Set Off Alarm Bells in Germany

Even as the German government moves to bar components made by China's Huawei and ZTE from core parts of the country's 5G networks, some German companies are looking to work with Chinese firms in other critical areas

Serbia Reinstates Permits for Rio Tintos Lithium Project

Serbia Reinstates Permits for Rio Tinto's Lithium Project

Serbia's government said on Tuesday it has reinstated permits for Rio Tinto's $2.4 billion (2.2 billion euro) lithium-borate mine project in the country, days after a court ruling overturned an earlier decree halting the development

AIKO High-Efficiency Modules Dominate Bosnia’s Largest Utility Power Station Project

AIKO High-Efficiency Modules Dominate Bosnia’s Largest Utility Power Station Project

AIKO and Tibra Pacific have signed a significant procurement contract for the remaining 58 MW capacity of Bosnia and Herzegovina’s largest utility power station project, which will use  AIKO’s high-efficiency ABC Stellar series modules, which have an efficiency of over 23.9%.  The project will become the largest utility ground power station in Bosnia and Herzegovina, marking a major milestone in AIKO’s expansion in the European market

OPEC Sticks to 2024 Oil Demand View, Sees Strong Travel Season

OPEC Sticks to 2024 Oil Demand View, Sees Strong Travel Season

OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months

Eni Makes Oil and Gas Discovery Off Mexico Coast

Eni Makes Oil and Gas Discovery Off Mexico Coast

Italian energy group Eni has made a significant oil and gas discovery in the Sureste Basin, about 63 kilometres off the coast of Mexico, it said on Monday