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Global Energy According to the IEA

Τετ, 9 Απριλίου 2025 - 11:46

The International Energy Agency (IEA) released its annual World Energy Review last month. It is an influential document consulted by the energy industry, policy-makers and governments. But over the last decade, the IEA has been interpreting and presenting the results with a focus on promoting attainment of energy transition goals.Its 2025 report is no exception.

Fall in Oil Prices Poses Risk to Russian Economy, TASS Cites Central Bank Chief

Τρι, 8 Απριλίου 2025 - 20:09

A sharp drop in global oil prices triggered by U.S. President Donald Trump's tariffs poses a risk to the Russian economy, the state TASS news agency cited Elvira Nabiullina, the governor of Russia's central bank, as saying on Tuesday

Egypt, France Sign Agreement to Establish Plant for Green Hydrogen Production

Τρι, 8 Απριλίου 2025 - 20:06

Egypt and France signed a cooperation agreement on Tuesday to establish a plant for the production of green hydrogen

Goldman Sachs Forecasts Brent, WTI Prices Under Different Scenarios

Τρι, 8 Απριλίου 2025 - 20:02

Goldman Sachs forecast that Brent and WTI crude prices would be at $62 a barrel and $58 by December 2025 and at $55 and $51 by December 2026, respectively, under two assumptions

Libya to Offer Production Sharing Contracts Under New Oil Bid Round

Δευ, 7 Απριλίου 2025 - 16:51

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil officials said on Monday, adding that deals will involve production sharing agreements

Shell Lowers First-Quarter LNG Production Outlook

Δευ, 7 Απριλίου 2025 - 14:08

Shell lowered its first-quarter liquefied natural gas (LNG) production outlook in a trading update on Monday, citing the impact of bad weather in Australia, before it publishes results on May 2

ΙΕΑ: Promising Νew Τechnologies Face Μarket Uncertainty in Pivotal Μoment for Global Εnergy Ιnnovation

Δευ, 7 Απριλίου 2025 - 09:53

New IEA report highlights recent progress and emerging risks across the energy innovation landscape worldwide, with investment trends uneven across different regions and sectors.

Romania to Commission 35 MW Hydropower Plant in 2025 - Energy Minister

Παρ, 4 Απριλίου 2025 - 16:04

The country's government has approved the deforestation of more than 30 ha required to complete the development of the HPP,

Stocks Plunge Again After Trump Tariff Rout as China Strikes Back

Παρ, 4 Απριλίου 2025 - 15:55

Global stocks tumbled for a second day on Friday as U.S. President Donald Trump's sweeping tariff plans sowed fears about a global recession, with the sell-off deepening after China said it would impose additional levies of 34% on American goods

OPEC+ to Raise Oil Production by More Than Expected in May

Παρ, 4 Απριλίου 2025 - 15:45

OPEC+ is going full throttle with reversing the production cuts with output set to rise by more than expected in May, “in view of the continuing healthy market fundamentals and the positive market outlook”

Trump Hits ‘Pathetic’ Europe with 20 Percent Tariffs

Πεμ, 3 Απριλίου 2025 - 14:29

European Union joins China, Japan, Taiwan and Korea in U.S. President Donald Trump’s trade sin bin

Stephane Sejourne: Greece Could Provide ‘Totality’ of EU Gallium Demand

Πεμ, 3 Απριλίου 2025 - 14:19

European Commission Executive VP Stephane Sejourne discusses country’s role in EU’s 47 strategic projects of Critical Raw Materials Act

Chevron to Begin Hydrocarbon Drilling in 2026

Τετ, 2 Απριλίου 2025 - 15:19

US energy giant Chevron is set to launch its first exploratory drilling for hydrocarbons south of Crete in 2026, Environment and Energy Minister Stavros Papastavrou said on Monday

How Batteries and EVs Drive Bulgaria’s Energy Transition?

Τετ, 2 Απριλίου 2025 - 15:15

The Energy of Tomorrow conference in Sofia brought together industry leaders to discuss the rapid expansion of renewable energy, the growing electric vehicle (EV) market, and the evolving landscape of gas and hydrogen technologies in Bulgaria

China and Russia Drive Surge in Global Nuclear Energy Plant Development

Τετ, 2 Απριλίου 2025 - 15:10

China and Russia solidified their positions as leaders in global nuclear energy development, with all new reactors constructed over the past five years relying on their designs

Japan's Tokyo Gas Expands in US Shale Gas with Chevron Deal

Τρι, 1 Απριλίου 2025 - 14:49

TG Natural Resources LLC (TGNR), co-owned by Tokyo Gas and Castleton Commodities International, has bought a 70% stake in east Texas gas assets from Chevron for $525 million, the company said on Tuesday, as it expands its U.S. gas business