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Russia’s Oil Revenue Surged 50% in May

Russia’s Oil Revenue Surged 50% in May

Russia’s oil proceeds increased almost 50% in May from a year ago, with the nation managing to circumvent sanctions and get a higher price for its crude

Restart Energy Agrees Grid Connection for Romania’s Second Biggest Solar Park

Restart Energy Agrees Grid Connection for Romania’s Second Biggest Solar Park

Agrovoltaics, a subsidiary of Romania’s Restart Energy group, has concluded an EUR 11.3 million grid connection agreement with transmission system operator (TSO) Transelectrica for the second largest solar park in the country. The 500 MW project will be financed by the US export credit agency, according to a statement from the company

Slovenias HSE Considers 140 Mwp Floating Pv Plant Project

Slovenia's HSE Considers 140 Mwp Floating Pv Plant Project

Slovenian state-owned electricity producer Holding Slovenske Elektrarne (HSE) is considering the construction of a 140 MWp floating photovoltaic plant on Druzmir lake in northern Slovenia, the company said

Balkan Countries Eye Hydrogen in Rush to Lower Emissions

Balkan Countries Eye Hydrogen in Rush to Lower Emissions

It never occurred to Baki Bajraktari that the presence of hydrogen in the Bulqize chrome mine where he works in northeastern Albania could be considered good news: a colleague died in an explosion in 2011 when a team hit a gas pocket

UAE’s Adnoc Signs First Overseas LNG Deal

UAE’s Adnoc Signs First Overseas LNG Deal

Abu Dhabi National Oil Company has signed its first overseas deal for liquefied natural gas, as global energy companies expand their investment in a fuel that is increasingly in demand around the world

Molgas Group: The First Greek Manufacturing Unit Running on LNG

Molgas Group: The First Greek Manufacturing Unit Running on LNG

LNG is reloaded regularly on Blue Grid’s semi-trailers at the truck loading facility of DESFA in Revithoussa. From there, it is transported and delivered by road at the LNG storage and regasification station installed, operated and maintained by Blue Grid within KOLIOS’s premises