Total CEO Says No Big Energy Company Can Work in Iran

Total CEO Says No Big Energy Company Can Work in Iran

International energy companies would find it impossible to work in Iran amid renewed U.S. sanctions, the head of Total has said. Patrick Pouyanne's remarks came during a recent interview with CNBC at an OPEC seminar in Austria's capital Vienna

200,000 More Electric Vehicle Charging Stations Planned in Next 4 Years

200,000 More Electric Vehicle Charging Stations Planned in Next 4 Years

Romania intends to install 200,000 electric vehicle charging stations in the next four years, as part of efforts to boost its share of renewables for fuels used in road transport, which is at only 1% currently, Minister of Energy Anton Anton has said, Romania’s Business Review has reported

EU Commission Probes Qatar Petroleum's LNG Sales

EU Commission Probes Qatar Petroleum's LNG Sales

The European Commission announced Thursday the launch of a formal investigation into restrictions on the free flow of liquefied natural gas sold by Qatar Petroleum in Europe

General Electric Removed from Dow Jones Index

General Electric Removed from Dow Jones Index

The Dow Jones Industrial Average announced Tuesday that General Electric would be dropped from the stock index. The appliance giant will not be part of the illustrious index for the first time in 110 years

France's Engie Sells Stake in Thailand's Glow for €2.6B

France's Engie Sells Stake in Thailand's Glow for €2.6B

Engie signed a share purchase agreement with Global Power Synergy Public Company (GPSC) for the sale of its 69.1 percent interest in Glow, an independent power producer in Thailand, for €2.6 billion (about $3 billion), the French energy company announced Wednesday

Vestas Receives 442 MW Order in US

Vestas Receives 442 MW Order in US

Denmark's Vestas received a 442 megawatts wind turbine order from the U.S.' company Xcel Energy on late Friday

Natural Gas Consumption, Production Up in 2017: BP

Natural Gas Consumption, Production Up in 2017: BP

Global natural gas consumption rose by 96 billion cubic meters (bcm) in 2017, the fastest since 2010, according to British Petroleum's (BP) Statistical Review of World Energy 2018 report

Global LNG Tanker Fleet Grows in 2017

Global LNG Tanker Fleet Grows in 2017

The total global LNG tanker fleet consisted of 511 vessels at the end of 2017, an increase of 6.9 percent compared to 2016, according to the annual report of the International Group of LNG Importers (GIIGNL)

A New German Plant Opens 2000 Jobs in Bulgaria

A New German Plant Opens 2000 Jobs in Bulgaria

A German company has invested EUR 32 million to build a new electric wiring plant in Pleven. This will create 2000 jobs for the region, a press conference at the Ministry of Economy has revealed

Tesla to Lay Off 9 Percent of Workforce

Tesla to Lay Off 9 Percent of Workforce

Tesla Chief Executive Elon Musk told employees Tuesday that the company would lay off 9 percent of its workforce. The move to cut thousands of workers is a way to slice costs and seek sustainable profitability, Musk argued

Turkey's Indigenous Car to Contribute 50B Euros to GDP

Turkey's Indigenous Car to Contribute 50B Euros to GDP

Turkish President Recep Tayyip Erdogan said Tuesday that Turkey's first indigenous automobile would contribute 50 billion euros ($58.7 billion) to the country’s Gross Domestic Product (GDP)