Engie Romania Completes 37.2 Mwp PV Park Πεμ, 19 Ιουνίου 2025 - 08:23 Engie Romania, part of French utility company Engie, said it has finalised the construction of a 37.2 MWp solar photovoltaic (PV) park in the southern commune of Aricestii Rahtivani, Prahova county
Shell is Being 'Very Careful' With Shipping in the Middle East, CEO Says Πεμ, 19 Ιουνίου 2025 - 08:20 Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran
Albania Introduces Energy Efficiency Standards for Buildings Τετ, 18 Ιουνίου 2025 - 08:28 The Albanian parliament said on Monday it approved legislation defining energy efficiency standards for new and renovated buildings as it aims for a transition to zero-emission building stock by 2050. The regulation, which aligns
Miscalculation by Spanish Power Grid Operator REE Contributed to Massive Blackout, Report Finds Τετ, 18 Ιουνίου 2025 - 08:24 Spanish grid operator REE's failure to calculate the correct mix of energy was one of the factors hindering the grid's ability to cope with a surge in voltage that led to the massive blackout across Spain and Portugal on April 28, a government investigation concluded
EU Bank Pledges €1.6B For Electricity Interconnection Between Spain and France Τρι, 17 Ιουνίου 2025 - 08:04 The European Investment Bank on Monday pledged €1.6 billion (approx. $1.8 billion) to help finance the Bay of Biscay electricity interconnection between Spain and France—a key project aimed at increasing power capacity between the Iberian Peninsula and the rest of continental Europe.
EU Pushes Back Proposals to Curb Reliance on Russian Nuclear Fuel Τρι, 17 Ιουνίου 2025 - 07:53 The European Commission will not propose measures to limit the EU's reliance on Russian nuclear fuel this week alongside its proposals to ban Russian gas, EU energy commissioner Dan Jorgensen said on Monday. The Commission is due to propose legal measures this week
Montenegro's EPCG Gets 1.5 Mln Euro Kfw Grant for Green Transition Δευ, 16 Ιουνίου 2025 - 14:33 Montenegro's state-controlled power utility Elektroprivreda Crne Gore (EPCG) said it signed a 1.5 million euro ($1.7 million) grant agreement with German development bank KfW in support of its green transition
Crude Markets Stabilise As Israel-Iran Conflict Doesn't Impair Oil Flows Δευ, 16 Ιουνίου 2025 - 14:26 Oil prices edged down on Monday, after surging 7% on Friday, as renewed military strikes by Israel and Iran over the weekend left oil production and export facilities unaffected
Türkiye's Oruc Reis Vessel Completes First Intercontinental Mission in Somali Waters Παρ, 13 Ιουνίου 2025 - 19:13 Oruc Reis Seismic Exploration Vessel, built by Turkish engineers, has successfully completed its first intercontinental mission according to the Ministry of Energy and Natural Resources
Oil Jumps Over 7% After Israel's Strikes on Iran Παρ, 13 Ιουνίου 2025 - 15:51 Oil prices jumped over $5 on Friday to multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies
Shell to Add Up to 12 Million Tons of Additional LNG Capacity by 2030 Πεμ, 12 Ιουνίου 2025 - 07:58 Shell, the world's largest trader of liquefied natural gas, will add up to 12 million metric tons of additional capacity between now and the end of the decade from projects under construction, a top executive said on Wednesday
Bulgargaz Picks RWE Supply and Trading for June LNG Delivery Πεμ, 12 Ιουνίου 2025 - 07:54 Bulgarian public gas supplier Bulgargaz said on Wednesday that it has chosen German energy trading company RWE Supply and Trading as the winner in a tender to deliver liquefied natural gas (LNG) in June
US, China Reach Deal to Ease Export Curbs, Keep Tariff Truce Alive Τετ, 11 Ιουνίου 2025 - 10:18 U.S. and Chinese officials said on Tuesday they had agreed on a framework to get their trade truce back on track and remove China's export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade tensions
Srbijagas' Cons Net Profit Drops 28% in 2024 Τετ, 11 Ιουνίου 2025 - 10:00 Serbian state-owned gas monopoly Srbijagas said its consolidated net profit declined to 9.38 billion dinars ($87.7 million/76.8 million euro) last year from 12.96 billion dinars in 2023
China's EV Makers Turn on BYD as Price War Escalates Τρι, 10 Ιουνίου 2025 - 07:00 Fierce competition among China's leading EV makers has intensified, with a long-running dispute between BYD and Great Wall Motor over emissions compliance escalating after Geely joined in to criticise BYD's aggressive price cuts.
BofA Sees Saudis Embarking on Long But Shallow Oil-Price War Τρι, 10 Ιουνίου 2025 - 07:00 OPEC+’s oil-output hikes are part of a Saudi strategy that will see the kingdom embark on a long but shallow price war designed to recapture market share, Bank of America Corp.’s head of commodities research said.