English Edition

Chevron Reaffirms Strategic Interest in Greek Hydrocarbons

Δευ, 19 Μαΐου 2025 - 08:15

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

Παρ, 16 Μαΐου 2025 - 15:38

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

Παρ, 16 Μαΐου 2025 - 14:46

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

Παρ, 16 Μαΐου 2025 - 14:19

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

Global Oil Supply to Rise Faster Than Expected After OPEC+ Hike, IEA Says

Πεμ, 15 Μαΐου 2025 - 20:09

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a lower forecast from U.S. shale producers

Trump Says US Close to a Nuclear Deal With Iran

Πεμ, 15 Μαΐου 2025 - 20:03

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

HelleniQ Energy Announces Adjusted EBITDA of €180m for First Quarter ‘25 on Substantially Weaker Benchmark Refining Margins

Πεμ, 15 Μαΐου 2025 - 19:40

HELLENiQ ENERGY announced adjusted EBITDA of €180m, on substantially weaker benchmark refining margins, while Elefsina refinery’s full turnaround is progressing according to schedule

EU Proposes Curbing More Green Rules on Farming Subsidies

Τετ, 14 Μαΐου 2025 - 19:25

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

OPEC Expects Slower 2025 Oil Supply Growth from Rivals After Price Drop

Τετ, 14 Μαΐου 2025 - 19:20

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower capital spending following a decline in oil prices

Romania Launches Renewables Auction for 3.5 GW

Τρι, 13 Μαΐου 2025 - 20:15

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