Albanias KESH Seeks to Lease TPP to Meet Electricity Needs

Albania's KESH Seeks to Lease TPP to Meet Electricity Needs

Albania's state-owned power corporation KESH is inviting expressions of interest from international parties for leasing of a thermal power plant (TPP) in a bid to meet electricity needs at lower costs during the energy crisis, it said

Hydrogen to Cover 12% of Global Energy Use By 2050: IRENA

Hydrogen to Cover 12% of Global Energy Use By 2050: IRENA

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (Irena)

Nigerian LNG Vessel Arrives in Turkiye

Nigerian LNG Vessel Arrives in Turkiye

LNG carrier, Arctic Lady, reached Turkiye on Thursday, January13, according to the latest ship tracking data

Surging Electricity Demand is Putting Power Systems Under Strain Around the World

Surging Electricity Demand is Putting Power Systems Under Strain Around the World

Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life and clean electricity is pivotal to energy transitions, but in the absence of faster structural change in the sector, rising demand over the next three years could result in additional market volatility and continued high emissions, according an IEA report released today

EPCG Intends to Construct Three Gas Power Plants in Montenegro

EPCG Intends to Construct Three Gas Power Plants in Montenegro

Montenegro’s state-owned power utility Elektroprivreda Crne Gore (EPCG) has started preparations for the construction of three gas power plants with a total installed capacity of 400 megawatts (MW). Natural gas supplies could be secured from gas deposits in the Adriatic Sea

Exxonmobil Announces Two Discoveries Offshore Guyana

Exxonmobil Announces Two Discoveries Offshore Guyana

ExxonMobil made two oil discoveries in the prolific Stabroek block offshore Guyana, increasing the already existing 10 billion oil-equivalent barrels of resources in the region, the company announced in a statement Wednesday

ElB Grants 90 Mln Euro Long-Term Loan to Romanias Electrica Group

ElB Grants 90 Mln Euro Long-Term Loan to Romania's Electrica Group

The European Investment Bank (EIB) said it has provided a 90 million euro ($101.8 million) long-term loan to Romanian power supplier and distributor Electrica Group [BSE:EL] to upgrade electricity distribution networks, deploy smart meters and accelerate renewable energy connection

Dana Gas’ 2021 Collections Surge 107% to $377m

Dana Gas’ 2021 Collections Surge 107% to $377m

Dana Gas, the Middle East's largest regional private sector natural gas company, said that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED667 million) in 2020

Greeces DEPA, Gazprom Agree Long-Term Gas Deal

Greece's DEPA, Gazprom Agree Long-Term Gas Deal

Greece's DEPA Commercial has signed a long-term gas supply deal with Russia's Gazprom which offers more favourable terms, the gas utility said on Tuesday

Russia Plans Oil and Gas Investments in Afghanistan: Taliban

Russia Plans Oil and Gas Investments in Afghanistan: Taliban

Russia is considering oil and gas investments in Afghanistan, the spokesman of the Taliban interim government confirmed following a meeting with Russian investors in the capital Kabul on Monday

Serbia May Lift Nuclear Power Ban - Energy Min

Serbia May Lift Nuclear Power Ban - Energy Min

 Serbia's government may lift the existing nuclear energy ban in the country to allow the construction of modular reactors, energy minister Zorana Mihajlovic said on Monday

Shell, GAMMA and Karwei Create 1,400 Fast Charge Points

Shell, GAMMA and Karwei Create 1,400 Fast Charge Points

Shell and Intergamma, the parent company of GAMMA and Karwei, will start installing 1,400 fast charge points at Intergamma's 380 hardware stores in the Netherlands and in Belgium in 2022. Home improvers with an electric vehicle enjoy the convenience of charging their car while shopping. Thanks to the dense network of GAMMA and Karwei stores, a place to stock up on needs and a fast charger will be often within 10 minutes. The electricity that comes from the charge points is 100 percent renewable