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Greece to Move Forward With Privatization of Energy, Mining Companies

Τετ, 23 Σεπτεμβρίου 2020 - 18:41

Minister of Environment and Energy of Greece Kostis Hatzidakis announced plans for a quick sale or partial privatization of companies in the energy and mining sectors. He asserted the government would soon introduce the so-called target model so that power producers would be able to make bilateral supply contracts with corporate consumers

Elon Musk Says Cheaper, More Powerful Electric Vehicle Batteries Are 3 Years Off

Τετ, 23 Σεπτεμβρίου 2020 - 18:28

Elon Musk described a new generation of electric vehicle batteries that will be more powerful, longer lasting, and half as expensive as the company’s current cells at Tesla’s “Battery Day” on Tuesday

Azerbaijan Eyes Gas Export Boost As TAP Nears Completion

Τρι, 22 Σεπτεμβρίου 2020 - 20:03

Developers of the Trans Adriatic Pipeline (TAP), the final segment of the Southern Gas Corridor, announced this week that the project is almost 98 percent complete

GE to Pursue Exit from New-Build Coal Power Market

Τρι, 22 Σεπτεμβρίου 2020 - 20:00

Multinational conglomerate GE intends to exit from the new-build coal power market, the company announced late Monday

Airbus Charts Path to Zero Emission Aviation By 2035

Δευ, 21 Σεπτεμβρίου 2020 - 18:47

With pressure mounting on the airline industry to play its part in combating greenhouse gas emissions, European manufacturer Airbus today announced plans for three emissions-free aircraft. The Toulouse-based planemaker said the models could enter commercial service by 2035

Cengiz Energy Invests $150M in Uzbekistan Power Plant

Δευ, 21 Σεπτεμβρίου 2020 - 18:43

Turkey's Cengiz Energy will establish a natural gas combined cycle power plant in Uzbekistan with an investment of US$150 million, the company announced on Monday

Bulgaria Aims to Add 2.6 GW of Renewable Capacity by End-2030

Πεμ, 17 Σεπτεμβρίου 2020 - 19:31

Bulgaria is targeting a further 2,645 MW of installed electricity generation capacity from renewable sources, mostly photovoltaic plants, by the end of 2030, in line with the EU's goals for green energy transition, a draft national strategy published on the parliament’s website shows

Oil Price Down As Storm-Halted Output Resumes in US

Πεμ, 17 Σεπτεμβρίου 2020 - 19:26

Oil prices were down on Thursday as concerns about oversupply re-emerged after oil companies started to resume production in the US Gulf of Mexico following Hurricane Sally

Hitachi to Quit Suspended Horizon Nuclear Plant in UK

Τετ, 16 Σεπτεμβρίου 2020 - 16:53

Japanese conglomerate Hitachi announced Wednesday that it would end business operations for the construction of the Horizon nuclear power plant project in Wales, 20 months after its suspension

Ballsh Oil Workers Protesting Again Over Unpaid Salary

Τετ, 16 Σεπτεμβρίου 2020 - 16:51

Workers from the Ballsh oil refinery have protested again today in front of the plant

Energean:Contracts Signed for the Sale of an Additional 1.4 bcm/yr from the Karish Project Total Firm GSPAs are now 7.0 bcm/yr

Τετ, 16 Σεπτεμβρίου 2020 - 12:07

Energean is pleased to announce that Energean Israel (Energean, 70%) has signed two new Gas Sales and Purchase Agreements ("GSPAs"), which, combined, represent quantities of gas of up to 1.4 bcm/yr and increase total firm contracted gas sales from its flagship Karish project to approximately 7.0 bcm/yr on plateau. The new agreements represent contracted revenues

Romgaz, GSP to Build Gas Power Plant, Solar Park in Romania

Δευ, 14 Σεπτεμβρίου 2020 - 19:42

Romanian natural gas producer Romgaz [BSE:SNG] and Grup Servicii Petroliere (GSP) Holding signed a memorandum of understanding for the construction of a 150MW gas power plant and a 50MW solar park, the government said

Global Oil Production Increases in August 2020

Δευ, 14 Σεπτεμβρίου 2020 - 19:38

Global liquids production in August increased by 1.32 million barrels per day (bpd) to an average of 89.88 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday