Oil Down As Texas Refineries Curb Demand, US Stocks Rise

Oil Down As Texas Refineries Curb Demand, US Stocks Rise

Crude oil prices were down on Wednesday over an estimated increase in US oil inventories as demand from refineries was curtailed after an unprecedented cold front that hit the country’s biggest oil-producing state of Texas

EMS Gets EUR 12.8 Million Grant for Trans-Balkan Corridor

EMS Gets EUR 12.8 Million Grant for Trans-Balkan Corridor

Transmission system operator Elektromreža Srbije (EMS) has received a donation of EUR 12.8 million from the Western Balkans Investment Framework (WBIF) for section 3 of the Trans-Balkan Corridor. It is the planned double transmission line Obrenovac – Bajina Bašta

Turkey Aims to Complete 27.5% of Akkuyu NPP By Year-End

Turkey Aims to Complete 27.5% of Akkuyu NPP By Year-End

Turkey plans to complete 27.5% of its first nuclear power plant, the Akkuyu Nuclear Power Plant (NPP), by the end of this year, according to the 2021 Performance Program of the Energy and Natural Resources Ministry of Turkey

Εnel Αmong the 50 Μost Sustainable Companies Worldwide in 2020 “Seal” Business Sustainability Awards

Εnel Αmong the 50 Μost Sustainable Companies Worldwide in 2020 “Seal” Business Sustainability Awards

Enel was among the winners of the 2020 SEAL (Sustainability, Environmental Achievement & Leadership) Business Sustainability Awards, which celebrate the leadership, transparency and commitment to sustainable business practices of global brands. Specifically, Enel was featured in the 2020 SEAL Organizational Impact Award category, which recognizes the overall corporate sustainability performance and represents the 50 most sustainable companies globally. 

US Officially Rejoins the Paris Climate Accord

US Officially Rejoins the Paris Climate Accord

The United States officially rejoined the landmark international accord to limit global warming known as the Paris Agreement on Friday

Egypt, Schlumberger Digitalize Country’s Subsurface Data

Egypt, Schlumberger Digitalize Country’s Subsurface Data

The Egyptian Ministry of Petroleum and Schlumberger have launched a national project for the digitalization of Egypt’s subsurface data, the Ministry and Schlumberger announced this week

US to Continue Help Reduce Dependence on Russian Gas, US Ambassador to Greece Says

US to Continue Help Reduce Dependence on Russian Gas, US Ambassador to Greece Says

US Ambassador to Greece Geoffrey Pyatt during the Athens Energy Dialogues forum has stated that his country will continue to support major infrastructure projects that will help Europe reduce dependence on Russian gas. Statements by the head of the diplomatic mission were published by the embassy’s press service on its website on Wednesday

EU Needs to Change Course to Cut Emissions 55% by 2030

EU Needs to Change Course to Cut Emissions 55% by 2030

Europe needs to change its course dramatically to be able to reach its 55% emissions reduction target by 2030 over 1990 levels, according to a new report from Wood Mackenzie on Tuesday

Resavica Coal Mines Never Break Even Despite Massive Subsidies

Resavica Coal Mines Never Break Even Despite Massive Subsidies

The energy transition implies a massive uptake of renewables and abandoning coal alongside a just transition for those affected. It triggers tectonic changes but also offers an opportunity. Serbia’s underground coal mining public utility Resavica is a case in point. It receives EUR 40 million in state aid every year, but regularly ends up reporting a loss

Aral Accelerates Ultra-Fast Charging Expansion

Aral Accelerates Ultra-Fast Charging Expansion

Aral, bp’s market leading fuel retail brand in Germany, is expanding its ‎charging network of ultra-fast electric charging stations ‎–‎ operating under its new name ‘Aral pulse’ ‎–‎ ‎significantly faster than planned. By the end of the year, Aral pulse will have 500 ultra-fast charging ‎points with a charging capacity of up to 350 kW in operation at more than 120 Aral filling stations