English Edition

China Solar Manufacturer Longi Calls on Industry to Cut Back Low-Quality Capacity

Πεμ, 18 Σεπτεμβρίου 2025 - 08:59

The chairman of Chinese solar manufacturing giant Longi Green Energy called on Wednesday for more spot checks to combat low-quality solar manufacturing and resolve an imbalance between supply and demand. Speaking at the China New Energy International Forum and

New Major Investment Projects in Albania in Tourism, Energy and Industry

Πεμ, 18 Σεπτεμβρίου 2025 - 08:58

The Albanian Strategic Investment Committee has given the “green light” to four new projects with a total value of over 400 million euros, which concern tourism, energy and industry. In the tourism sector, the investment of “AICA Imobilare” for the

Greece’s New Fund Eyes €1 Billion Investment in Tech, Renewables

Τετ, 17 Σεπτεμβρίου 2025 - 08:12

Greece’s new innovation and infrastructure fund wants to join with private partners to carry out €1 billion ($1.2 billion) in fresh investments in the next three to four years, said the top official overseeing the state’s assets

Decline in Global Oil and Gas Field Output Accelerating, IEA Says

Τετ, 17 Σεπτεμβρίου 2025 - 08:11

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat

China Renewable Auction Signals Challenges for Solar Developers

Τρι, 16 Σεπτεμβρίου 2025 - 07:58

Solar power prices in China's first provincial auction under its new renewable pricing mechanism were so low they could discourage new project investments there, analysts said. Last week's auction in Shandong province, seen as a bellwether for nationwide auctions, signals that

Azeri State Oil Firm Socar Set to Buy Italian Refiner

Τρι, 16 Σεπτεμβρίου 2025 - 07:54

Azerbaijan’s state oil company Socar is close to signing a deal to buy privately-held Italian refiner Italiana Petroli, Reuters reported on Monday, citing sources.The Brachetti-Peretti family, owners of Italiana Petroli, which controls one of Italy’s biggest gasoline station networks, have

Bulgartransgaz Secures 102 Mln Euro Loan for Vertical Gas Corridor

Δευ, 15 Σεπτεμβρίου 2025 - 08:17

Bulgarian state-owned gas transmission operator Bulgartransgaz said Friday that it has signed a 200 million levs ($119.5 million/102.3 million euro) long-term loan agreement with United Bulgarian Bank (UBB) to finance the Vertical Gas Corridor

Trump Presses NATO Nations to Halt Russian Oil Purchases

Δευ, 15 Σεπτεμβρίου 2025 - 08:12

President Donald Trump said on Saturday that the U.S. is prepared to impose fresh energy sanctions on Russia, but only if all NATO nations cease purchasing Russian oil and implement similar measures. “I am ready to do major sanctions on Russia when

ADNOC Transfers Stakes in Listed Units to International Arm XRG

Σαβ, 13 Σεπτεμβρίου 2025 - 14:44

Abu Dhabi National Oil Company (ADNOC) said on Thursday it has transferred its shareholdings in several of its listed subsidiaries to XRG, its international investment arm for which it has ambitious growth plans

New Energy Hub on the Cards for Balkans as JERA and Montenegro Delve Into LNG Terminal Possibilities

Σαβ, 13 Σεπτεμβρίου 2025 - 14:41

Japan’s energy major JERA has taken steps to augment its liquefied natural gas (LNG) arsenal by striking a deal with the government of Montenegro to look into the development of an LNG terminal and an associated gas-fired plant, which has the potential to establish a new energy hub in the Western Balkans, fortifying energy security not just in this country but also in Southeast Europe

Chevron Bids in Tender for Gas Exploration Offshore Crete

Παρ, 12 Σεπτεμβρίου 2025 - 09:39

US oil major Chevron has submitted a bid to explore for natural gas in four blocks offshore Crete, Energy Minister Stavros Papastavrou said on Wednesday

IEA Cuts 2030 Low-Emissions Hydrogen Production Outlook by Nearly a Quarter

Παρ, 12 Σεπτεμβρίου 2025 - 09:36

A wave of cancellations, cost pressures and policy uncertainty have thinned the low-emissions hydrogen project pipeline and cut 2030 projected development by nearly a quarter, the International Energy Agency said on Friday

EU Considers Faster Russian Oil and Gas Exit After US Pressure

Πεμ, 11 Σεπτεμβρίου 2025 - 09:42

The European Union is considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, European Commission chief Ursula von der Leyen said on Wednesday after U.S. pressure on Europe to stop buying Russian oil. A ban on seaborne Russian crude oil has cut

HELLENiQ Energy: Participation in Call for Greece’s Tender in Offshore Exploration Blocks in Partnership With Chevron

Πεμ, 11 Σεπτεμβρίου 2025 - 09:34

In response to the relevant Call for Tenders, published by the Ministry of Environment & Energy (FEK 2104/30.04.2025), for the exploration and production of hydrocarbons in the four offshore areas south of Peloponnese and south of Crete, HELLENiQ Energy announced that it has partnered with Chevron to participate in the Τender

Totalenergies CEO Says US LNG Drive May Cause Global Oversupply, Flags New Rio Grande Decision

Τετ, 10 Σεπτεμβρίου 2025 - 07:53

The U.S. is building too many liquefied natural gas plants, TotalEnergies CEO Patrick Pouyanne said on Tuesday, warning it could lead to a long-lasting glut in the market if all planned projects come online. Pouyanne earlier said that a final investment decision on additional units

Chevron to Boost Gas Supply to Meet Egypt’s ‘Insatiable’ Demand

Τετ, 10 Σεπτεμβρίου 2025 - 07:51

Chevron Corp. is working to boost supply of natural gas to Egypt, which has “insatiable appetite” for the fuel, Freeman Shaheen, the company’s president for global gas, said. “Egypt needs all the gas it can get,” Shaheen said in an interview in Milan, where