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Croatia's INA, Hungary's MOL Buying 92.25% of OMV Slovenija

Τρι, 8 Ιουνίου 2021 - 19:09

Croatian oil and gas group INA and its top shareholder, Hungarian oil company MOL, agreed to acquire a 92.25% stake in Slovenia's second largest fuel retailer OMV Slovenija d.o.o. from Austrian oil, gas and chemicals group OMV, INA said

Bulgarian Citizens Turn to Court Over Air Pollution in Sofia

Παρ, 4 Ιουνίου 2021 - 17:13

Six people filed a legal complaint in Bulgaria over the capital city’s air quality plan. Numerous environmental lawsuits are springing up in the world and some victories have been won

Russia's Gazpromneft and Novatek to Set Up Joint Arctic Offshore Venture

Παρ, 4 Ιουνίου 2021 - 17:10

Russian oil producer Gazpromneft has agreed with gas producer Novatek to set up an Arctic offshore joint venture and will together develop the North-Vrangelevskiy area, the companies said on Friday

Hungary Agrees 15-Year Gas Deal With Gazprom -Foreign Minister

Πεμ, 3 Ιουνίου 2021 - 18:52

Hungarian Foreign Minister Peter Szijjarto has signed a 15-year gas supply agreement with Russian energy group Gazprom to take effect as soon as its existing deal expires in September, he said on Thursday

EU's Carbon Border Tariff to Target Steel, Cement, Power - Draft

Πεμ, 3 Ιουνίου 2021 - 18:48

The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, according to a draft document seen by Reuters

Bosnian Utility Seeks Proposals for Solar, Wind, Hydropower Plants

Τετ, 2 Ιουνίου 2021 - 20:11

JP Elektroprivreda HZ HB d.d. Mostar (EP HZHB), the public power utility of Bosnia-Herzegovina, has launched a call to acquire operational renewable energy projects exceeding 1 MW in size

Iran Nuclear Deal Talks Set to Break for a Week, Diplomats Say

Τετ, 2 Ιουνίου 2021 - 20:06

Talks aimed at reviving Iran's nuclear pact with global powers were expected on Wednesday to adjourn for a week, diplomats said, with the remaining parties to the deal due to meet in the evening to sign off on the move

Greece-Bulgaria Gas Interconnector Startup Now Set for July 2022: Developer

Τρι, 1 Ιουνίου 2021 - 19:25

A key pipeline designed to bring gas from Azerbaijan into Bulgaria via Greece is now only expected to be begin operations in July 2022, with up to six months of administrative and legal procedures needed once the pipeline is completed, the project developer said May 27

BP Boosts its Renewables Business in the US With 9GW Solar Acquisition from 7X Energy

Τρι, 1 Ιουνίου 2021 - 19:21

bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030

Russia's First LNG Refuelling Ship Completes Sea Trials

Παρ, 28 Μαΐου 2021 - 18:04

Russia’s first ship designed to run on liquefied natural gas (LNG) and fuel other vessels with LNG has completed its sea trials, energy firm Gazprom Neft reported on Friday

HELLENIC PETROLEUM Group: Positive Operating Results, Amid a Negative Refining Environment that Affects Core Group Business

Παρ, 28 Μαΐου 2021 - 17:45

HELLENIC PETROLEUM Group announced its 1Q21 financial results, with Reported EBITDA at €176m and Reported Net Income amounting to €90m. Adjusted EBITDA came in at €60m, with corresponding Net Income at €2m

Serbia to Guarantee 169 Mln Euro in Srbijagas Loans for Gas Grid Expansion

Τετ, 26 Μαΐου 2021 - 17:57

Serbia's government plans to issue guarantees on loans with a total value of 169 million euro ($207 million) extended to state-owned monopoly Srbijagas for the expansion of the gas distribution network in the country, it said

OPEC Slams IEA’s Net-Zero Report As ‘Destabilizing’

Τετ, 26 Μαΐου 2021 - 17:54

The bombshell suggestion of the International Energy Agency (IEA) that the world doesn’t need any new oil and gas investments ever if it is to reach net-zero emissions could further raise the volatility in oil markets if investors heed the call, according to an internal OPEC report seen by Reuters

Romgaz Again Postpones Termination of Contract for Iernut Power Plant Project

Τρι, 25 Μαΐου 2021 - 19:44

Romanian natural gas producer Romgaz [BSE:SNG] said it has extended again the suspension of the notice of termination of its contract with the Duro Felguera - Romelectro consortium for the construction of a 430 MW power plant in order to continue negotiations

EU Looks To Tax Jet Fuel In Push To Cut Emissions

Τρι, 25 Μαΐου 2021 - 19:34

The European Union (EU) is looking to extend energy taxation to the aviation industry as the bloc is ramping up efforts to raise its chances of reaching the targets in the European Green Deal for carbon neutrality by 2050

Qatar LNG Plans To Flood World Market

Παρ, 21 Μαΐου 2021 - 19:33

The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market