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Global Energy Supplies Still Vulnerable to Shocks, Warns IEA

Τρι, 22 Απριλίου 2025 - 15:50

The lessons of the energy crisis following Russia’s invasion of Ukraine have not been fully learned, the International Energy Agency has said, as more than 60 global leaders are set to arrive in London for discussions on energy security

A period of low oil prices

Τρι, 22 Απριλίου 2025 - 08:25

With President Trump pausing his punitive tariffs for 90 days, it will take time before the negotiations that will follow realign global trading to the new developing international order. Already analysts project the impact of this to extend well into 2026. During this period global economic growth will be slow and, as a result, oil prices are expected to stay low. Brent now hovers around $64/b.

Badawi Meets with Energean CEOs, Fosters Cooperation Opportunities

Παρ, 18 Απριλίου 2025 - 15:00

Minister of Petroleum and Mineral Resources Karim Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA,

EU’s Costa Says Russian LNG Phase-Out Makes Room for US Supplies

Παρ, 18 Απριλίου 2025 - 14:00

The European Union’s imminent release of a road map for phasing out Russian fossil fuel purchases will signal to companies that they should source more liquefied natural gas from the US,

Russian Arctic Oil Exports to China Jump Helped by STS Transfers, Sources Say

Πεμ, 17 Απριλίου 2025 - 18:33

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa

BIG Setback For Turkey As Three Central Asian Nations Support Cyprus’s Sovereignty; End Of Road For Erdogan’s ‘Pan-Turkism’?

Πεμ, 17 Απριλίου 2025 - 18:26

In a major setback for Turkey, three Central Asian republics and members of the Organization of Turkic States (OTS), Kazakhstan, Turkmenistan, and Uzbekistan, have come out in support of Cyprus’s sovereignty, effectively ending Ankara’s efforts to use the OTS as a vehicle for recognition of the occupied north Cyprus

Bulgaria Halts Sale of Nuclear Reactors to Ukraine Over Energy Security Concerns

Τετ, 16 Απριλίου 2025 - 20:22

Bulgaria has suspended the sale of nuclear reactors to Ukraine due to energy security concerns, local media reported on Tuesday

Bulgaria, Shell Sign Contract for Black Sea Gas and Oil Exploration

Τρι, 15 Απριλίου 2025 - 19:01

Shell signed a contract with Bulgaria's government on Tuesday giving the oil major rights to explore for oil and gas in a field in the Black Sea

World Oil Demand, U.S. Supply to Grow More Slowly on Tariff Tensions, IEA Says

Τρι, 15 Απριλίου 2025 - 16:26

Global oil demand will grow much more slowly than expected this year and U.S. production increases will also taper off, due to U.S. President Donald Trump’s tariffs on trading partners and their retaliatory moves, the International Energy Agency said

UK's Energy Regulator to Confirm Electricity Grid Reforms

Τρι, 15 Απριλίου 2025 - 15:44

Britain's energy regulator is expected to confirm major reforms to grid connections to boost investment in clean energy and infrastructure projects on Tuesday, the government said

Romania Utilizing all Available Resources to Boost its Energy Independence

Δευ, 14 Απριλίου 2025 - 09:55

Romania is using all energy resources available, including natural gas as the country advances rapidly with Neptun Deep gas project and new wind and solar parks, strengthening energy security, MP Cristina Pruna, Vice President of the Industries and Services Committee in the Romanian Parliament, told NE Global in Bucharest on April 3.

Trump Seeks to Revive Coal Industry and Reverse Long-Term Decline With New Orders

Παρ, 11 Απριλίου 2025 - 19:16

Trump's new coal orders are aimed at reviving the industry, but data show that US coal production and use are reaching historic lows. US President Donald Trump's executive actions aimed at reviving the coal sparked debate in global energy markets, but data show that coal's share of the US energy mix continues to shrink.

IEA: AI is Set to Drive Surging Electricity Demand from Data Centres

Παρ, 11 Απριλίου 2025 - 19:11

Major new IEA report brings groundbreaking data and analysis to one of the most pressing and least understood energy issues today, exploring AI’s wide range of potential impacts