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EBRD Backing VGP’s Investments in Croatia, Romania, Serbia

EBRD Backing VGP’s Investments in Croatia, Romania, Serbia

The European Bank for Reconstruction and Development (EBRD) said on Tuesday it has successfully subscribed to a 76 million euro ($85 million) ticket as part of the existing green bond programme of VGP, a pan-European provider of logistics and semi-industrial real estate to back its expansion in central and southeastern Europe

US Lifts Ban on New York Offshore Wind Project After Gas Compromise

US Lifts Ban on New York Offshore Wind Project After Gas Compromise

The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state that could also see cancelled plans for a gas pipeline revived, officials said on Tuesday

Chevron Reaffirms Strategic Interest in Greek Hydrocarbons

Chevron Reaffirms Strategic Interest in Greek Hydrocarbons

Chevron has reaffirmed its growing strategic interest in Greece’s hydrocarbon potential, as Greek Minister of Environment and Energy Stavros Papastavrou met with senior executives from the U.S. energy giant at the company’s headquarters in Houston last Thursday. 

Bulgaria in Talks With US Hedge Fund to Expand Turkstream Capacity

Bulgaria in Talks With US Hedge Fund to Expand Turkstream Capacity

Boyko Borissov, leader of Bulgaria’s ruling GERB party, has announced talks with US investors to expand the TurkStream pipeline extension – currently the sole route for Russian pipeline gas to Central Europe and nearly fully supplied by Gazprom

Belgian Parliament Scraps Nuclear Phaseout Plan

Belgian Parliament Scraps Nuclear Phaseout Plan

Belgium has dropped nuclear phaseout plans adopted over two decades ago. Previously, it had delayed the phaseout for 10 years over the energy uncertainty triggered by Russia's invasion of Ukraine

UAE to Boost Energy Investments in US to $440 Billion by 2035

UAE to Boost Energy Investments in US to $440 Billion by 2035

The United Arab Emirates plans to increase the value of its energy investments in the United States to $440 billion in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour

Trump Says US Close to a Nuclear Deal With Iran

Trump Says US Close to a Nuclear Deal With Iran

President Donald Trump said on Thursday that the United States was getting very close to securing a nuclear deal with Iran, and Tehran had "sort of" agreed to the terms

EU Proposes Curbing More Green Rules on Farming Subsidies

EU Proposes Curbing More Green Rules on Farming Subsidies

The European Commission proposed weakening more of the environmental conditions tied to the EU's huge farming subsidy programme on Wednesday, as part of plans to cut back regulations and paperwork for farmers

Romania Launches Renewables Auction for 3.5 GW

Romania Launches Renewables Auction for 3.5 GW

Following a successful first round, in which developers won government support for projects of 1.53 GW altogether, the Romanian Ministry of Energy issued another call, for 3.47 GW of wind and solar power capacity. The deadline for submissions is July 11