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U.S. Energy Secretary: Shale Could Boost Production Even at $50 Oil

Δευ, 10 Μαρτίου 2025 - 17:33

U.S. shale producers could increase production even if oil prices fell to $50 per barrel as the sector continues to innovate and boost efficiency gains, U.S. Secretary of Energy Chris Wright told the Financial Times

US Estimates It Will Take $20 Billion and Years to Refill Oil Reserve

Σαβ, 8 Μαρτίου 2025 - 15:11

U.S. Energy Secretary Chris Wright estimates it would take $20 billion and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the Energy Department said on Friday

Slovenia Developing Cybersecurity Framework for Electricity Sector

Σαβ, 8 Μαρτίου 2025 - 15:05

Slovenia has started the development of a robust cybersecurity framework based on an AI system for the electricity sector

Serbia's Vucic, Putin Discuss NIS Sanctions, New Gas Contract

Παρ, 7 Μαρτίου 2025 - 19:27

Presidents Aleksandar Vucic of Serbia and Vladimir Putin of Russia on Friday discussed U.S. sanctions against Russian-controlled Serbian oil and gas producer NIS and a new gas supply deal between their countries, Vucic said

Germany's Green Jobs Double but Staff Shortage Threatens Growth, Study Shows

Παρ, 7 Μαρτίου 2025 - 19:10

The share of jobs in Germany related to the energy transition has more than doubled since 2019, but a shortage of skilled workers threatens a sector that has so far resisted the country's recession, a study showed on Thursday

Trump Urges Iran to Negotiate on Nuclear Program

Παρ, 7 Μαρτίου 2025 - 19:07

President Donald Trump wrote a letter this week to Iranian leader Ali Khamenei urging the Islamic Republic to enter negotiations and strike a deal preventing the development of nuclear weapons

Trump's Tariffs on Canada Could Make US Power Bills Even Pricier

Πεμ, 6 Μαρτίου 2025 - 17:06

Swelling U.S. power prices may rise even faster in some parts of the country if 10% energy tariffs imposed by the Trump administration this week hit Canadian electricity supplies and trigger retaliation, according to energy experts and grid operators

US Crude Exports to India Hit Over 2-Yr High in February as Russia Sanctions Bite

Πεμ, 6 Μαρτίου 2025 - 16:12

U.S. exports of crude oil to India last month climbed to their highest in over two years, ship tracking data showed, as refiners in the country sought alternative supplies following tighter U.S. sanctions on Russian producers and tankers

Israeli Natural Gas Exports to Egypt and Jordan up 13.4% in 2024

Πεμ, 6 Μαρτίου 2025 - 16:08

Israel's natural gas exports to Egypt and Jordan surged by about 13.4% in 2024, despite the country's war with Palestinian militant group Hamas in Gaza, Israel's energy ministry said on Wednesday

Vitol Signs 10-Year LNG Deal for Delivery to the Philippines

Τετ, 5 Μαρτίου 2025 - 19:09

Global energy trading house Vitol (VITOLV.UL) said it has signed a long-term deal with a Philippine entity to supply liquefied natural gas (LNG) to the country for the next decade, starting in 2025

Bulgaria Uses Renewable Energy for Heating, Cooling Above EU Average

Τετ, 5 Μαρτίου 2025 - 19:01

The use of renewable energy sources in heating and cooling continues to increase in the EU, with the share of energy from renewables in those areas reaching 26.2% in 2023, the highest value since the time series started in 2004 (11.7%), Eurostat said in a publication Wednesday

Why Rare Earths Matter to Donald Trump and the West

Τετ, 5 Μαρτίου 2025 - 18:50

Rare earths have been thrust into the spotlight as a deal granting the US access to Ukraine’s mineral resources edges closer to being signed even after the collapse of talks last week between Volodymyr Zelenskyy and Donald Trump

Putin Agrees to Help Trump Broker Nuclear Talks With Iran

Τρι, 4 Μαρτίου 2025 - 15:27

Russia agreed to assist President Donald Trump’s administration in communicating with Iran on issues including the Islamic Republic’s nuclear program and its support for regional anti-US proxies, according to people familiar with the situation

Halliburton, Sekal Deliver World’s First Automated On-Bottom Drilling System for Equinor in the North Sea

Τρι, 4 Μαρτίου 2025 - 14:04

Halliburton and Sekal AS deployed the world’s first automated on-bottom drilling system with the integration of Halliburton’s LOGIX™ automation and remote operations, Sekal’s Drilltronics®, and the rig automation control system

IFC Investing 100 Mln Euro in Green Energy Projects in Bulgaria, Romania, Poland

Τρι, 4 Μαρτίου 2025 - 14:03

The International Finance Corporation (IFC) said it is investing up to 100 million euro ($104.1 million) in a senior unsecured bond issued by Kommunalkredit Austria, a specialised bank for infrastructure and energy financing, to support sustainable infrastructure projects in Bulgaria, Romania and Poland

ADNOC, OMV Agree to Merge Petchem Firms to Create $60 Billion Giant

Τρι, 4 Μαρτίου 2025 - 14:02

Abu Dhabi National Oil Company and Austria's OMV will merge their polyolefin businesses to create a $60 billion chemicals powerhouse, the companies said, as the Gulf state oil firm advances its aggressive growth strategy