English Edition

OPEC Holds Oil Demand View Steady Despite Economic Growth Warning

Τετ, 14 Ιουνίου 2023 - 19:44

OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the producer group warned that the world economy faced rising uncertainty and slower growth in the second half of the year

Malaysia's Petronas Posts Q1 Profit, Eyes Moderating Oil and Gas Price

Πεμ, 8 Ιουνίου 2023 - 18:55

Malaysia’s state oil firm Petronas, or Petroliam Nasional Berhad, on Wednesday logged a first-quarter profit and said it anticipates moderating oil and gas prices to squeeze its profitability this year

Bulgaria to Sue Gazprom Over Suspended Gas Supplies

Πεμ, 8 Ιουνίου 2023 - 18:52

The Bulgarian Energy Ministry is preparing an arbitration claim against Russian state gas company Gazprom for suspending gas supplies in April 2022 after Bulgaria refused to pay in Russian rubles, announced the caretaker government’s Energy Minister Rossen Hristov on Tuesday

France Braces for Power Demand Surge Driven by EVs, Alternative Fuels

Τετ, 7 Ιουνίου 2023 - 16:30

Electric vehicles and other technology to cut emissions is likely to drive a surge in French power demand by 2035, meaning France will need to maintain its existing nuclear capacity, grid operator RTE said on Wednesday

AVAX Signs 673.5 Mln Euro Deal With Mass Group to Build Gas-Fired Power Plant in Romania

Παρ, 2 Ιουνίου 2023 - 19:33

Greece-based AVAX Group said that it has signed a contract worth 673.5 million euro ($718.6 million) with Iraqi company Mass Group Holding for the engineering, construction and commissioning of a 1,750 MW combined cycle power plant in Romania

Eni Bets on Agri-Business in Africa to Expand Biofuel Production

Παρ, 2 Ιουνίου 2023 - 19:19

Italy's Eni (ENI.MI) is investing in farming in several African and Asian countries as it aims to produce by itself around one fifth of the agricultural feedstock it will need for its biofuel business by 2025, two top executives at the energy group said

Croatia’s ENNA Preparing IPO, to Invest 1 Bln Euro in Green Energy

Πεμ, 1 Ιουνίου 2023 - 18:26

Croatian privately-held investment group Energia Naturalis (ENNA) said on Thursday it has started preparations for an initial public offering (IPO) and plans to put more than 1.0 billion euro ($1.07 billion) into green projects in Croatia

OPEC+ Unlikely to Deepen Oil Supply Cuts at June 4 Meeting, Sources Say

Πεμ, 1 Ιουνίου 2023 - 18:22

OPEC and its allies are unlikely to deepen supply cuts at their ministerial meeting on Sunday despite a fall in oil prices toward $70 per barrel, four sources from the alliance told Reuters

Gazprom Denies Reports of Takeover of Türkiye’s National Gas Firm

Παρ, 26 Μαΐου 2023 - 14:49

Russian energy company Gazprom on Thursday denied Turkish media reports that it was in negotiation to acquire the Turkish Petroleum Pipeline Corporation (BOTAS)

Iran to Use Route Via Türkiye Should it Deliver Natural Gas to Europe

Παρ, 26 Μαΐου 2023 - 14:46

Iran is considering natural gas exports via Türkiye to Europe amid the ongoing energy crisis that has arisen after Russia halted gas sales to EU countries following the Russia-Ukraine war, the Iranian Deputy Minister of Petroleum and CEO of the National Iranian Gas Company (NIGC), Majid Chegeni, said on Thursday