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OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision

Πεμ, 1 Απριλίου 2021 - 17:13

A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group decides on production policy

Serbia to Cooperate With EBRD on Energy Transition, Green Energy

Τετ, 31 Μαρτίου 2021 - 16:42

Serbia’s Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic signed a memorandum of understanding with president of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on March 19

Biden Kicks Off Effort to Reshape U.S. Economy With Infrastructure Package

Τετ, 31 Μαρτίου 2021 - 16:38

President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care

Turkey Outpaces World Average in Wind and Solar Output

Τρι, 30 Μαρτίου 2021 - 18:39

Turkey outpaced the world average in electricity generation from wind and solar in 2020, according to data compiled by Anadolu Agency from the Global Electricity Review 2021 report of London-based think-tank, Ember on Monday

BMW Group and Daimler Mobility Join Forces With BP as a Partner for Digital Charging Solutions GmbH, to Further Accelerate the Growth of Electrification

Τρι, 30 Μαρτίου 2021 - 18:21

BP agreed to join BMW Group and Daimler Mobility AG in their drive to extend and significantly improve electrification, making electric vehicle charging more convenient, simpler and seamless for drivers.

ReneSola Sells 15.4 MW Solar Parks in Romania to Alternus for 24 Mln Euro

Δευ, 29 Μαρτίου 2021 - 20:18

US-based solar energy project developer ReneSola Power said on Thursday that it has completed the sale of two ground-mounted solar parks in Romania with a total capacity of 15.4 MW to European independent power producer (IPP) Alternus Energy Group for 24 million euro ($28.35 million)

Oil Falls 1% as Traffic in Suez Canal Resumes

Δευ, 29 Μαρτίου 2021 - 20:15

Brent oil fell 63 cents, or 1%, to $63.94 a barrel by 1337 GMT. U.S. crude was down 63 cents, or 1%, at $60.34 a barrel. At the Suez Canal, a Reuters witness saw the giant container ship Ever Given moving after being refloated by rescue workers and salvage teams, and a shipping tracker and Egyptian TV showed it positioned in the centre of the waterway

Montenegro to Let People Decide on Offshore Oil After Exploratory Drilling

Παρ, 26 Μαρτίου 2021 - 18:00

After environmentalists protested and the State Audit Institution warned Montenegro isn’t prepared to tackle an oil spill, the Ministry of Capital Investments said it won’t cancel the exploratory drilling in the Adriatic, but that the issue can be publicly discussed after it

Fears of Prolonged Suez Canal Blockage Drive Oil Prices Higher

Παρ, 26 Μαρτίου 2021 - 17:56

Oil prices rose sharply on Friday on mounting concerns that it could take weeks to dislodge a giant container ship blocking the Suez Canal, possibly squeezing supplies of crude and refined products

Romania’s Nuclearelectrica Signs Deal for Local Uranium Processing Assets

Τετ, 24 Μαρτίου 2021 - 19:51

Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said it has signed an agreement to acquire some assets within the uranium concentrate processing line at the Feldioara Branch owned by the National Uranium Company, CNU