English Edition

Where is the LNG Market Heading?

Τρι, 23 Δεκεμβρίου 2025 - 16:20

Over the past year, Europe’s gas market has undergone one of the most dramatic transformations in its history. Liquefied natural gas (LNG), once a supplementary source of supply, has become a central pillar of the continent’s energy system. This shift was not the result of long-term planning but of necessity, 

North Macedonia's ESM Signs 97 Mln Euro KfW, EBRD Loans for Energy Projects

Δευ, 22 Δεκεμβρίου 2025 - 20:28

North Macedonia’s electricity producer ESM said on Monday it signed contracts with Germany's KfW and the European Bank for Reconstruction and Development (EBRD) for loans worth a total of 97 million euro ($114 million) for the development of the Bitola 3 solar power plant and the revitalisation of state-owned hydropower plants

Russia's Pipeline Gas Exports to China Seen Up 25% This Year, Source Says

Δευ, 22 Δεκεμβρίου 2025 - 20:24

Russia's pipeline exports of natural gas to China are expected to have risen by a quarter this year, a source familiar with the data told Reuters on Monday, as Moscow ramps up sales to Asia and cements ties with the world's largest energy consumer

Oil Reserves, Financial Power and Risk: The US, China and Cyprus

Δευ, 22 Δεκεμβρίου 2025 - 19:55

Strategic petroleum reserves were conceived as long-horizon insurance instruments, activated only during severe supply disruptions and largely insulated from short-term market management. That design assumption no longer holds

EU Leaders Will Loan 90 Billion Euros to Ukraine, But Fail to Agree to Use Frozen Russian Assets

Παρ, 19 Δεκεμβρίου 2025 - 20:39

European Union leaders decided on Friday to borrow cash to loan 90 billion euros ($105 billion) to Ukraine to fund its defence against Russia for the next two years rather than use frozen Russian assets, sidestepping divisions over an unprecedented plan to finance Kyiv with Russian sovereign cash

Türkiye's 1st Akkuyu Nuclear Reactor Readied for 2026 Commissioning

Παρ, 19 Δεκεμβρίου 2025 - 20:33

Türkiye's first nuclear power plant, Akkuyu, is expected to enter its commissioning phase in 2026, with the first reactor unit preparing to begin initial operations, according to a senior executive 

EU Countries Approve Year-Long Delay to Deforestation Law

Πεμ, 18 Δεκεμβρίου 2025 - 20:06

European Union countries on Thursday approved a deal to delay the anti-deforestation law by a year following pushback from industry and concerns the digital system to enforce it was not ready, the Council of the EU said, clearing the final legal hurdle for the delay to pass into law

EBRD Invests in Aktor’s Debut Bond Issuance in Greece

Πεμ, 18 Δεκεμβρίου 2025 - 19:57

EBRD’s €20 million investment in AKTOR’s first bond issuance of €140 million. Bank proceeds to finance renewable energy, battery storage, social infrastructure, water and wastewater projects in Greece

Romania’s Biggest Battery System Put Into Operation

Τετ, 17 Δεκεμβρίου 2025 - 19:32

Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh

EU Carmakers to Comply With 90% Emissions Reduction by 2035 as Full Combustion Engine Ban Scrapped

Τετ, 17 Δεκεμβρίου 2025 - 16:13

The remaining 10% of emissions will need to be compensated for by using low-carbon steel 'Made in the EU' or sustainable fuels. The EU executive revoked the 2035 ban on the sale of new cars and vans powered by diesel or petrol after pressure from some EU countries and the automotive industry

Chevron to Supply Hungary with 2 Billion Cubic Metres of LNG, Minister Says

Τρι, 16 Δεκεμβρίου 2025 - 20:58

Hungary's state-owned MVM group has signed a 5-year deal with U.S. energy company Chevron for the supply of 2 billion cubic metres of liquefied natural gas, the Hungarian foreign minister said on Tuesday

Montenegro's Zeta Citizens Reject 77 Mln Euro EU-Backed Wastewater Project

Τρι, 16 Δεκεμβρίου 2025 - 20:54

The citizens of Montenegro's southern municipality of Zeta have voted in a referendum against the government's plans to build a 76.6 million euro ($90 million) wastewater treatment plant, financed by the European Union and German development bank KfW, the head of the municipality, Mihailo Asanovic, said

Can Higher Interconnectivity in Europe Actually Bring Electricity Prices Down?

Δευ, 15 Δεκεμβρίου 2025 - 16:05

The European Union last week unveiled its long-awaited Europe Grids Package and the accompanying Energy Highways initiative, heralding them as major steps toward a more integrated, efficient and affordable electricity system. According to EU officials, these measures will allow power to flow more freely across Member States, helping to absorb growing volumes of cheaper renewable electricity, accelerate electrification and ultimately deliver lower electricity prices for European households and industry