English Edition

Brimming European LNG Terminals Have Limited Space for More Gas

Πεμ, 17 Φεβρουαρίου 2022 - 17:40

Europe's liquefied natural gas (LNG) terminals have limited available capacity to absorb extra supply from the United States or other major producers in the event of Russian gas disruption if it invades Ukraine

Macron Pledges 50 Offshore Wind Farms for France by 2050

Τετ, 16 Φεβρουαρίου 2022 - 19:05

French President Emmanuel Macron has announced that France will have around 40 GW of offshore wind capacity in operation by 2050

Dragon Oil Announces Historic Oil Discovery in Gulf of Suez

Τετ, 16 Φεβρουαρίου 2022 - 19:02

The United Arab Emirates-based Dragon Oil made one of the largest oil discoveries of the past 20 years in the Gulf of Suez, international media reports said, citing the Egyptian petroleum ministry

Romania's Romgaz Produced 11.2% More Gas in 2021, Still Less Than in 2019

Τρι, 15 Φεβρουαρίου 2022 - 19:56

Total hydrocarbon production of Romanian state-controlled natural gas company Romgaz rose by 11.2% YoY to 32.5 mln barrels of oil equivalent (boe) in 2021, and the volume of gas from domestic production delivered to the market increased even more (by 12.7% YoY) to 4.97 bln cubic meters

Oil Prices Ease Marginally But Unease Persists Over Ukraine

Τρι, 15 Φεβρουαρίου 2022 - 19:51

Brent crude oil traded above $95 for a spell on Monday before easing back to the mid $94s as uncertainty reigns over Russia’s intentions in the Ukraine

Turkey's Daily Power Consumption Down 0.64% on Feb. 10

Παρ, 11 Φεβρουαρίου 2022 - 14:05

Daily electricity consumption in Turkiye decreased by 0.64% on Thursday compared to the previous day, totaling 964,412 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday

Rystad: Australia Battery Storage Capacity Expected to Double in 2022

Παρ, 11 Φεβρουαρίου 2022 - 14:02

Australia’s battery capacity will double this year as major projects come online, heightening pressure on the country’s fossil fuel power generators that are struggling to compete against soaring renewable energy generation

Vestas Announces €15.6 Billion in Revenue in 2021

Πεμ, 10 Φεβρουαρίου 2022 - 17:07

The revenue of Danish wind energy company Vestas in 2021 increased to €15.6 billion from €14.8 billion in 2020, the company announced on Thursday

Bulgaria Eyes Single Gas Market With Greece, Serbia, North Macedonia: PM

Πεμ, 10 Φεβρουαρίου 2022 - 17:05

Bulgaria wants to join forces with Greece, Serbia, and North Macedonia to create a single gas market that would improve supply diversity and lead to more favorable gas prices, Bulgarian Prime Minister Kiril Petkov said Feb. 8

Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions

Τετ, 9 Φεβρουαρίου 2022 - 19:27

Japan responds to U.S. and EU requests to send LNG to Europe. More Japanese LNG to arrive in Europe in March than Feb. Companies say limited spare supply available

Activists in Romania Protest Against High Energy Bills, Demand More Renewables

Τετ, 9 Φεβρουαρίου 2022 - 19:18

More than 46.000 people in Romania signed a petition with a demand to cut energy bills through green investments. Activists submitted it to the Ministry of Energy at a protest in Bucharest

Oil Prices Show Limited Rises on Prospect of Sanctions Lift on Iran

Τρι, 8 Φεβρουαρίου 2022 - 18:39

Lifting sanctions on Iran will allow Iran to pump more oil into the market

Energy Poverty Leads to Pollution-Related Deaths in Albania and Western Balkans

Τρι, 8 Φεβρουαρίου 2022 - 18:36

At least 37% of Albanians are suffering from energy poverty, far above the European average of 5%, according to a study from DOOR and EIHP to address energy poverty in energy community contracting parties. This drives them to use wood to heat their homes, directly impacting the health of those around them