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EU Approves Public Support for Croatian LNG Terminal

EU Approves Public Support for Croatian LNG Terminal

The European Commission has found Croatian plans to support the construction and operation of an LNG terminal on Krk Island to be in line with EU State aid rules, an EU Commission press release said on Wednesday.

First Large-Scale Akkuyu NPP Equipment Arrive

First Large-Scale Akkuyu NPP Equipment Arrive

A “core catcher”, the crucial safety component of the Akkuyu Nuclear power plant, has been delivered to the construction site, the Akkuyu Nuclear Inc. said in a statement on Monday.

Biggest Wind Farm in Scotland Starts Operations

Biggest Wind Farm in Scotland Starts Operations

Scotland's biggest and the world’s fourth largest offshore wind farm officially started operations on Monday, project partner SSE Renewables said.

Bulgarias Monbat to Acquire 66.66% of Italys STC

Bulgaria's Monbat to Acquire 66.66% of Italy's STC

Bulgarian car battery maker Monbat [BUL:5MB] said on Friday that its board has approved the acquisition of a 66.66% stake in Italian engineering company Science Technology & Consulting (STC) for an undisclosed price, reports SeeNews.

India Leads With Lowest Renewable Cost in Asia Pacific

India Leads With Lowest Renewable Cost in Asia Pacific

India has emerged as the market leader with the lowest renewable energy costs among Asia Pacific countries, according to new data from Wood Mackenzie Power & Renewables on Monday.

3 Banks to Co-Finance Turkey’s Largest Geothermal Plant

3 Banks to Co-Finance Turkey’s Largest Geothermal Plant

Three major development banks are helping Turkey diversify its energy mix with an investment adding close to 100 megawatts (MW) in capacity to EFELER, the country’s largest geothermal power plant, the Asian Infrastructure Investment Bank announced on Thursday.

Turkey Constantly Protects Drilling Vessels in E.Med

'Turkey Constantly Protects Drilling Vessels in E.Med'

The Turkish Naval Forces Command is providing full protection to Turkish drilling vessels operating in the Eastern Mediterranean, the country’s National Defense Ministry announced on Tuesday.

IEA Stands Ready to Act if Needed for Strait Of Hormuz

IEA Stands Ready to Act if Needed for Strait Of Hormuz

The International Energy Agency (IEA) is closely monitoring developments in the Strait of Hormuz, including the recent seizure of a U.K.-flagged oil tanker, and stands ready to act if needed, the agency said in a statement late Monday.

European Cement Firms Urged to be More Climate Friendly

European Cement Firms Urged to be More Climate Friendly

A group of investors are calling on leading European construction material firms to take the necessary steps to reduce their contribution to climate change, according to the Institutional Investors Group on Climate Change (IIGCC) on Monday - the European membership body for climate change investor collaboration.

Solar Farm in Spain Receives €285 Million Investment

Solar Farm in Spain Receives €285 Million Investment

The European Investment Bank (EIB) and Spain's Instituto de Crédito Oficial (ICO) will invest up to €285 million in a photovoltaic (PV) solar plant, project builder Iberdrola said on Tuesday.

US Crude Oil Inventories Fall for W/E July 12

US Crude Oil Inventories Fall for W/E July 12

U.S. crude oil inventories fell more than expected last week, according to data released by the Energy Information Administration (EIA) on Wednesday.