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Denmark to End Oil and Gas Hunt in North Sea in 2050

Denmark to End Oil and Gas Hunt in North Sea in 2050

Denmark’s government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round

Turkey’s LNG Import Share Reaches 43% in 1H20

Turkey’s LNG Import Share Reaches 43% in 1H20

Turkey’s LNG import share of total gas imports increased from 27% in the first half of 2019 to 43% for the same period this year, Yunus Emre Icik, deputy head of Natural Gas Supply and Export Department at Turkey’s crude oil and natural gas pipeline trading company (BOTAS) said Thursday

OPEC+ to Continue to Make Timely Supply Changes: Fitch

OPEC+ to Continue to Make Timely Supply Changes: Fitch

OPEC+ will continue to make timely oil supply changes, which should reduce price volatility, even though demand is unlikely to fully recover by the year end, according to international rating agency Fitch Ratings on Tuesday

LNG Demand Rises 2% in 2020 Despite COVID-19

LNG Demand Rises 2% in 2020 Despite COVID-19

The demand for Liquefied Natural Gas (LNG) has grown by about 2% in 2020 compared to 2019 despite the negative impacts of COVID-19 on overall energy sector, experts said at a virtual meeting on Wednesday

ENEL CEO Francesco Starace Speaks at European Hydrogen Forum

ENEL CEO Francesco Starace Speaks at European Hydrogen Forum

On Thursday 26th of November, Enel Group CEO Francesco Starace spoke at the European Hydrogen Forum, a major event gathering industry leaders, policy-makers, government representatives as well as the research community with the aim to steer the potential for green hydrogen alongside discussing the latest developments in the field.

US, Saudi Firms to Form Joint Venture in MENA Region

US, Saudi Firms to Form Joint Venture in MENA Region

The Turkish Competition Authority has granted permission to a new manufacturing joint venture to operate in the MENA region, the competition watchdog announced on Monday

Naftna Industrija Srbije : Deep Processing Unit Commissioned in Pančevo Oil Refinery

Naftna Industrija Srbije : Deep Processing Unit Commissioned in Pančevo Oil Refinery

Today, Pančevo Oil Refinery officially commissioned a deep processing unit featuring delayed coking technology - a project worth more than EUR 300 million. The construction of the new production complex in collaboration with the leading shareholders, the Russian company Gazprom Neft and the government of the Republic of Serbia, demonstrates NIS's continued commitment to modernisation of the Pancevo Refinery and its efforts to improve the quality of work processes, products and services

Irans Top Nuclear Scientist Shot Dead Near Tehran

Iran's Top Nuclear Scientist Shot Dead Near Tehran

An Iranian nuclear scientist described as the guru of Iran’s nuclear programme has been gunned down in the street in a town near Tehran. Mohsen Fakhrizadeh was ambushed in the town of Absard, about 40 miles east of Tehran. Four assailants opened fire after witnesses heard an explosion. Efforts to resuscitate Fakhrizadeh failed. His bodyguard was wounded

Exxonmobil Plans Reduction of Staffing Levels in Canada

Exxonmobil Plans Reduction of Staffing Levels in Canada

US energy giant ExxonMobil announced plans to reduce staffing levels at company’s Canadian affiliates “as part of an ongoing global review to identify cost efficiencies and improve long-term competitiveness,” the company said in a statement on Wednesday

Turkey Aims to Hit 10,000 MW Wind Capacity: Minister

Turkey Aims to Hit 10,000 MW Wind Capacity: Minister

Turkey aims to pass 10,000 megawatts (MW) of installed capacity threshold in wind energy soon, according to Energy and Natural Resources Minister Fatih Donmez on Wednesday

ENEL’s 2030 Vision in 2021–2023 Strategic Plan: A Decade of Opportunities

ENEL’s 2030 Vision in 2021–2023 Strategic Plan: A Decade of Opportunities

Over a decade of profound transformation, the Group is placing at the core of its strategy the acceleration of the energy transition, alongside sustainable and profitable growth to create significant value shared with all stakeholders and attractive returns for shareholders over time