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Energean Targets Two Years to Transformation

Πεμ, 22 Απριλίου 2021 - 19:23

Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023

Biden Announces US Will Aim to Cut Carbon Emissions By As Much As 52% By 2030 at Virtual Climate Summit

Πεμ, 22 Απριλίου 2021 - 19:17

President Joe Biden on Thursday kicked off a virtual climate summit attended by 40 other world leaders by announcing an ambitious cut in greenhouse gas emissions as he looks to put the US back at the center of the global effort to address the climate crisis and curb carbon emissions

North Macedonia Selects Bulgaria's Solarpro, Turkey's Fortim for 100 MW Solar Park Project

Τετ, 21 Απριλίου 2021 - 19:43

North Macedonia's government said it has selected Bulgarian solar energy equipment supplier Solarpro Holding [BUL:0S8] and Turkish Fortim Energy Electric to build photovoltaic power plants of combined 100 MW at the location of an old mine in Oslomej

EnergyRussia’s Novak Says OPEC+ May Confirm or Tweak Its Plans

Τετ, 21 Απριλίου 2021 - 19:36

OPEC+ is heading for a largely technical meeting next week where major changes to policy are unlikely, Russian Deputy Prime Minister and OPEC+ sources said

Asia to Drive LNG Demand With US Leading Supply Growth

Τρι, 20 Απριλίου 2021 - 18:55

Global liquefied natural gas (LNG) demand growth is forecast to increase by 4% this year driven by the Asia Pacific region with the US set to supply the bulk of this demand, International Energy Agency (IEA) analysts told Anadolu Agency Tuesday

Mytilineos Enters Albanian Power Market, Signs EUR 21 Million Contract With OST

Τρι, 20 Απριλίου 2021 - 18:52

Greek company Mytilineos has signed a EUR 21 million contract for the development of the transmission network with Albania’s transmission system operator OST

IEA Hikes World Oil Demand Forecast as Economic Recovery Gains Pace

Τετ, 14 Απριλίου 2021 - 19:24

The International Energy Agency has sharply raised its world oil demand estimate for 2021, pointing to further signs that the global economy is recovering faster than previously expected, particularly in the US and China

European Commission: Serbia, BiH Increase Coal Power Output in 2020

Τετ, 14 Απριλίου 2021 - 19:20

While power output from coal and lignite fell by 22% in the EU last year, Serbia boosted its production by 4% in the sector and Bosnia and Herzegovina increased it by 8%, the European Commission said. The number of hours with negative power prices in 11 zones in Europe almost doubled. The phenomenon occurred in Slovenia, Croatia and Greece, among other countries

Turkey Ranks as 5th Biggest Wind Investor in Europe

Τρι, 13 Απριλίου 2021 - 19:26

Turkey has been ranked as the fifth-biggest wind power investor in Europe in 2020 with €1.6 billion, according to WindEurope’s report on Tuesday

Global Oil Demand to Increase 6% in 2021: OPEC

Τρι, 13 Απριλίου 2021 - 19:24

Global oil demand is expected to increase by around 6% to an average of 96.5 million barrels per day (bpd) in 2021, the Organization of Petroleum Exporting Countries (OPEC) said in its Monthly Oil Market Report on Tuesday

Excelerate Energy Reaches Ship-To-Ship LNG Milestone

Παρ, 9 Απριλίου 2021 - 18:12

Excelerate Energy L.P. (Excelerate) completed its 2000th commercial ship-to-ship (STS) transfer of LNG on 3 April 2021, at Excelerate’s Moheshkhali Floating LNG (MLNG) terminal located offshore Bangladesh in the Bay of Bengal. Using Excelerate’s floating storage regasification unit (FSRU) Excellence and a conventional LNG carrier, 144,191 m3 of LNG were transferred using the double-banked LNG transfer system. To date, Excelerate has successfully transferred over 236 405 000 m3 of LNG using its STS protocol

OMV Petrom's Q1 Daily Hydrocarbon Output Drops

Παρ, 9 Απριλίου 2021 - 18:08

The hydrocarbon production of Romania's top oil and gas group OMV Petrom [BSE:SNP] dropped to 138,900 barrels of oil equivalent (boe) per day in the first quarter of 2021 from 150,300 boe per day in the same period of 2020, the company said on Friday

NGOs Call for Nuclear's Inclusion in EU Taxonomy

Τετ, 7 Απριλίου 2021 - 20:11

A group of 46 non-governmental organisations (NGOs) from 18 countries has written to Ursula von der Leyen, president of the European Commission, calling for the inclusion of nuclear energy in the EU taxonomy for sustainable investments. The exclusion of nuclear, they say, would promote a strategy that is "clearly inadequate" to decarbonise the region's economy