Serbia Withholding Natural Gas from Hungary

Serbia Withholding Natural Gas from Hungary

The Serbian state natural gas system operator Szrbijagasz is not providing Hungary with non-discriminatory access to the Horgos natural gas transfer point, the Council of Ministers of the European Union Energy Community has stated, according to business daily Világgazdaság

EU Confirms Carbon Market Permit Surplus Grew in 2020

EU Confirms Carbon Market Permit Surplus Grew in 2020

The amount of permits in circulation in Europe’s carbon market increased last year, as the COVID-19 pandemic caused emissions covered by the scheme to drop, the European Commission said on Wednesday (12 May)

Geothermal and Hydropower Need More Attention: IEA Head

Geothermal and Hydropower Need More Attention: IEA Head

When it comes to renewable energy, we should not only think of sun and wind but also geothermal and hydropower, said Fatih Birol, President of the International Energy Agency (IEA) on Wednesday

Sofia Gets Five Bids for Building 149.4 Mln Euro CHP Plant

Sofia Gets Five Bids for Building 149.4 Mln Euro CHP Plant

Toplofikatsiya Sofia, the 100% municipality-owned heating utility of Bulgaria's capital Sofia, said that its tender for a 292.2 million levs ($179.4 million/149.4 million euro) contract for the construction of a combined heat and power (CHP) plant has attracted five offers

Darkside Owns Up US Pipeline Cyberattack

Darkside Owns Up US Pipeline Cyberattack

A cyber-criminal gang that took a major US fuel pipeline offline over the weekend has acknowledged the incident in a public statement, said a report

Methane Reduction Steps Could Prevent 255,000 Premature Deaths Per Year

Methane Reduction Steps Could Prevent 255,000 Premature Deaths Per Year

Current methane mitigation measures could limit global warming by 0.3 degrees Celsius by 2045 and cut methane emissions up to 45% by 2040s, preventing 255,000 premature deaths annually, according to the Global Methane Assessment report by the UN-led Climate and Clean Air Coalition Thursday

Wind Takes Lions Share in Turkeys New Electricity Investments

Wind Takes Lion's Share in Turkey's New Electricity Investments

Wind power plants accounted for over half, or 51.5%, of Turkey's additional electricity capacity of 1,268 megawatts during the January-April period of this year, according to data compiled by Anadolu Agency on Friday

BP Posts $4.7 Billion Profit in Q121

BP Posts $4.7 Billion Profit in Q121

British energy giant BP reported a profit of around $4.7 billion in the first quarter of the year, up from a loss of about $4.3 billion in the same quarter of 2020, according to its financial results statement released on Tuesday

Emirati Company to Buy Stake in Israeli Gas Field

Emirati Company to Buy Stake in Israeli Gas Field

Israeli company Delek Drilling signed a memorandum of understanding Monday for the sale of its stake in a natural gas field to Abu Dhabi’s Mubadala Petroleum

Serbia Starts Drafting National Energy and Climate Plan

Serbia Starts Drafting National Energy and Climate Plan

The Ministry of Mining and Energy has launched a project called the Further Capacity Development for Energy Planning, which will include the drafting of a national energy and climate plan (NECP) for the 2021-2030 period, with projections until 2050

No Μore Uncertainties  - Measuring Retrofit Performance Across Portfolios of Buildings

No Μore Uncertainties  - Measuring Retrofit Performance Across Portfolios of Buildings

Ground breaking tool measures energy savings across portfolios of buildings, which could be used to replace inaccurate ‘deemed’ estimates of energy savings, creating a foundation for energy companies to contract for energy savings instead of fossil fuels. A next generation energy efficiency meter named eensight has been created.

Energean Targets Two Years to Transformation

Energean Targets Two Years to Transformation

Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023