English Edition

Udeclared Fuel Cost a Quarter of a Billion Euros to the Bulgarian Budget

Δευ, 22 Ιουνίου 2020 - 19:53

The budget for 2019 has been defrauded of more than half a billion Leva (over a quarter of a billion euro) by the undeclared sale of fuels

Oil Steady as a Rise in Virus Cases Counters Tighter Supplies

Δευ, 22 Ιουνίου 2020 - 19:49

Karish Pipe Laying and Subsea Systems Installation Completed & Development c. 80% Physically Completed

Δευ, 22 Ιουνίου 2020 - 13:38

Energean plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying of the Gas Sales Pipeline and the main deep water installations of the subsea production systems.

SEE’s Energy Markets to be Discussed at IENE’s Webinar on 24/6

Δευ, 22 Ιουνίου 2020 - 13:27

A wide ranging discussion on latest developments in SEE’s Energy Markets will take place during IENE’s tenth Webinar scheduled for Wednesday, June 24. This IENE Webinar is part of a series which the Institute is organizing lately in order to examine the impact of the pandemic on energy markets including oil, natural gas, electricity and renewables

Car Production in Romania Recovers After Lockdown

Παρ, 19 Ιουνίου 2020 - 19:25

Car production at the Dacia and Ford factories in Romania decreased by 38.7% in May compared to the same month of 2019. However, this marked an improvement compared to April when the two factories were closed amid the COVID-19 lockdown

Europe Gas Demand Down 8% in First 5 Months of 2020

Παρ, 19 Ιουνίου 2020 - 19:19

Natural gas demand in Europe has declined year-on-year by about 8% or 19 billion cubic meters (bcm) in the first five months of 2020 due to the successive impact of mild temperatures, high renewables in power generation and the consequences of COVID-19, according to Oxford Institute for Energy Studies’ (OIES) latest report

DESFA Announced the Completion of the Connection With TAP and the Award of the Contract for the Construction of the LNG Truck Loading Facility

Παρ, 19 Ιουνίου 2020 - 10:08

Mr. Nicola Battilana, CEO of DESFA, participated in this year’s Delphi Economic Forum, in the session titled “Pathways to Decarbonization” on Tuesday, 10th of June, outlining the role of gas infrastructure in the mid-term and up to 2030 and the role of Greece towards the energy transition. Mr. Battilana pointed out, that in the mid-term and up to 2030 and beyond,

Bulgartransgaz Opens Two Tenders for Bulgaria-Serbia Gas Link Project

Πεμ, 18 Ιουνίου 2020 - 16:57

State-owned gas transmission system operator Bulgartransgaz has launched the first two tenders related to the implementation of the project for construction of a gas link between Bulgaria and Serbia

Turkey Threatens Stability and Security in the Mediterranean, Says Greek FM

Πεμ, 18 Ιουνίου 2020 - 16:42

“Greece and Egypt have long sought to create conditions for stability and development for the region,” Greek Foreign Minister Nikos Dendias told Egyptian newspaper Al-Ahram during today’s visit to Cairo

BP: Global Energy Demand Growth Already Slowed Before the Pandemic

Πεμ, 18 Ιουνίου 2020 - 16:11

Global growth in primary energy consumption slowed down to 1.3 percent last year from 2.8 percent demand growth in 2018, with renewables a major growth driver in 2019, BP said in its annual Statistical Review of World Energy 2020 on Wednesday

IEA Lays Out $3T Global Green Recovery Plan Over 3 Years

Πεμ, 18 Ιουνίου 2020 - 15:38

A set of policy actions and $3 trillion in investments over the next three years can ensure a sustainable recovery from the impacts of COVID-19 crisis by creating 9 million jobs per year and putting global emissions into a structural decline, a new report from the International Energy Agency (IEA) revealed Thursday