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Germany's LEAG Suspends H2UB Green Hydrogen Plan

Δευ, 30 Ιουνίου 2025 - 08:00

Plans to build one of Europe's largest green energy hubs on the site of disused coal-fired power plant units in eastern Germany have been postponed indefinitely, energy firm LEAG said on Friday

Bulgaria's Solaris Holding Launches 59.8 Mwp Hybrid PV Park

Σαβ, 28 Ιουνίου 2025 - 18:51

Bulgarian engineering and construction company Solaris Holding, a joint venture of Bulgarian-German solar photovoltaic (PV) plant developer Sunotec and the main shareholders of energy and insurance group Eurohold Bulgaria, said on Friday that it launched a new hybrid renewable energy park near the northwestern city of Vratsa

OPEC+ Is Set to Weigh Another Super-Sized Oil Output Increase

Σαβ, 28 Ιουνίου 2025 - 18:47

OPEC+ is set to consider extending its run of super-sized production increases at a meeting next month, as group leader Saudi Arabia leads a push to recoup market share

Serbia to Build New Gas Storage Facility for up to 500 Mln Euro

Παρ, 27 Ιουνίου 2025 - 08:24

Serbia plans to build a new natural gas storage facility at the location of the former Tilva storage site in the northern province of Vojvodina with an estimated investment of up to 500 million euro ($586 million), Dusan Bajatovic, director general of state-owned gas importer and distributor Srbijagas, said on Thursday

Siemens Energy Targets US Transformer Production in 2027, Can Further Expand Factory

Παρ, 27 Ιουνίου 2025 - 08:23

Siemens Energy is expecting to start U.S. production of big industrial power transformers in 2027 and can further expand its Charlotte factory if demand, and import tariffs, stay high, senior executives at the group said. Siemens Energy makes more than a fifth of its 

Israel's Gas Fields Resume Operations After Shutdown During Iran Conflict

Πεμ, 26 Ιουνίου 2025 - 07:55

Israel's two natural gas fields that supply Egypt and Jordan have resumed operations after being shut down nearly two weeks ago due to the Iran-Israel conflict, partners in the companies said on Wednesday. Two of Israel's three gas fields

EU Countries Demand Stricter Controls on New CO2 Price

Πεμ, 26 Ιουνίου 2025 - 07:51

Germany, the Czech Republic and 14 other countries have demanded the European Union introduce stricter price controls to the bloc's new carbon market, over fears the policy will raise consumers' bills, a document seen by Reuters showed

Kosovo - Rizvanolli Says There is No Energy Import from Serbia: Belgrade Has Blocked Trading Since 2020

Τετ, 25 Ιουνίου 2025 - 08:10

Acting Minister of Economy, Artane Rizvanolli, has reacted to reports of energy imports from Serbia, saying that such a thing is not true, and that, ''what is being called "import" of energy from Serbia using data on PHYSICAL energy flows may be either deliberate DISINFORMATION or simply IGNORANCE''

China Solar Additions Surge to Record in May Ahead of Deadline

Τετ, 25 Ιουνίου 2025 - 08:09

China’s solar installations surged in May, setting a new monthly record as companies rushed to finish projects before the start of new rules that threaten to slash renewable power prices

Hungary and Slovakia Block Russian Sanctions Package, Budapest Says

Τρι, 24 Ιουνίου 2025 - 09:09

Hungary and Slovakia have decided not to support the EU's plan for an 18th sanctions package against Russia, Hungarian Foreign Minister Peter Szijjarto said on Monday in a press briefing broadcast on his Facebook page

Poland Plans 4GW Offshore Wind Auction Launch in December

Τρι, 24 Ιουνίου 2025 - 09:04

Poland’s Energy Regulatory Office (URE) said that its first auction for 4 GW offshore wind capacity will take place at the end of the year

Vega Refinery in Ploiesti, a Pillar of Romanian Energy for 120 Years

Δευ, 23 Ιουνίου 2025 - 09:38

This year, Vega Ploiesti, the single producer of bitumen and hexane in Romania, marks 120 years of continuous operation in the oil sector. Established during a period when oil processing was a global first, Vega is among the pioneers of the Romanian refining sector

Goldman Sachs Warns of Oil Price Surge on Strait of Hormuz Risks

Δευ, 23 Ιουνίου 2025 - 09:31

Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the bank said in a note dated Sunday