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Time to Plan Postpandemic Economic Recovery: IEA Chief

Time to Plan Postpandemic Economic Recovery: IEA Chief

Δευ, 27 Απριλίου 2020 - 19:25

International Energy Agency (IEA) Executive Director Fatih Birol called on governments to prepare plans for a post-pandemic "economic recovery" to include support for job losses when confinement measures are eased

Why Fitch Adjusted Greece’s Outlook to ‘Stable’

Why Fitch Adjusted Greece’s Outlook to ‘Stable’

Δευ, 27 Απριλίου 2020 - 11:12

Greece’s extraordinary review by Fitch Ratings late on Thursday may have surprised the markets but it didn’t upset Greek bonds. The agency’s decision to adjust Greece’s outlook from “positive” to “stable” while stopping short of a rating downgrade was obviously seen by investors as a necessary evil due to the coronavirus pandemic, instead of a signal regarding the state of the country.

ContourGlobal Maritsa East 3 TPP Operating Steadily under the Hardest Measures against COVID-19

ContourGlobal Maritsa East 3 TPP Operating Steadily under the Hardest Measures against COVID-19

Παρ, 24 Απριλίου 2020 - 20:04

ContourGlobal Maritsa East 3 TPP operates steadily under the most stringent measures against COVID-19 and contributes to the security of Bulgaria's electricity system. The power plant is ready with an emergency plan to deal with significant changes in the epidemiological situation in the country which require continuing its operation in isolation mode

Global Emissions to See Historic Fall Due to COVID-19

Global Emissions to See Historic Fall Due to COVID-19

Παρ, 24 Απριλίου 2020 - 20:02

The downward trend in global carbon emissions due to lockdowns in a large part of the world needs to enduringly continue to limit global warming below 1.5 degrees Celsius

US Crude Oil Inventories Show Strong Rise

US Crude Oil Inventories Show Strong Rise

Πεμ, 23 Απριλίου 2020 - 20:27

The U.S.' crude oil inventories showed a strong increase last week, according to data released by the Energy Information Administration (EIA) on Wednesday

Turkeys Daily Power Consumption Down 0,2% on April 22

Turkey's Daily Power Consumption Down 0,2% on April 22

Πεμ, 23 Απριλίου 2020 - 20:24

Turkey's daily electricity consumption decreased by 0,2% to 692,034 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday

Albania Suspends Tender to Set up Power Exchange

Albania Suspends Tender to Set up Power Exchange

Τρι, 21 Απριλίου 2020 - 18:46

Albania’s energy ministry said it has suspended until further notice a tender open for local and international entities interested in becoming shareholders in a national power exchange operator due to the unprecedented situation created by the spread of novel coronavirus disease

Russia Has Reserves to Offset Effects of Oil Price Drop

Russia Has Reserves to Offset Effects of Oil Price Drop

Τρι, 21 Απριλίου 2020 - 18:41

Russia's Presidential Spokesman Dmitry Peskov remains positive over Russia's ability to mitigate the effects of falling oil prices on the Russian economy, the spokesman said at a news conference in Moscow on Tuesday

Chernobyl Forest Fires Rage for more than a Week, Radiation Pollution Possible

Chernobyl Forest Fires Rage for more than a Week, Radiation Pollution Possible

Τρι, 14 Απριλίου 2020 - 18:29

Forest fires in Chernobyl continue for more than a week, and nearly 400 firefighters are involved in their extinguishing, DPA reported. Environmental experts fear that these fires could come in contact with radioactive ash on the ground and spread radioactive smoke to the capital Kiev, which is about 100 km south of Chernobyl

OPEC+ Hopes to Cut 20M Not 10M Barrels per Day: Trump

OPEC+ Hopes to Cut 20M Not 10M Barrels per Day: Trump

Δευ, 13 Απριλίου 2020 - 19:44

The Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ producers are hoping to reduce daily oil output by 20 million barrels per day (bpd), and not by 10 million (bpd) as recently agreed on Sunday, U.S. President Donald Trump said on Monday

IEA Hopes G20 Will Help Restore Volatile Oil Markets

IEA Hopes G20 Will Help Restore Volatile Oil Markets

Παρ, 10 Απριλίου 2020 - 17:32

The executive director of the International Energy Agency (IEA), Fatih Birol, expressed hope on Friday that the G20 energy ministers would help restore some much-needed stability to oil markets