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Engie Romania Completes 37.2 Mwp PV Park

Engie Romania Completes 37.2 Mwp PV Park

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

Albania Introduces Energy Efficiency Standards for Buildings

Albania Introduces Energy Efficiency Standards for Buildings

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

EU Bank Pledges €1.6B For Electricity Interconnection Between Spain and France

EU Bank Pledges €1.6B For Electricity Interconnection Between Spain and France

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

EU Pushes Back Proposals to Curb Reliance on Russian Nuclear Fuel

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 

Oil Jumps Over 7% After Israels Strikes on Iran

Oil Jumps Over 7% After Israel's Strikes on Iran

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

Bulgargaz Picks RWE Supply and Trading for June LNG Delivery

Bulgargaz Picks RWE Supply and Trading for June LNG Delivery

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

US, China Reach Deal to Ease Export Curbs, Keep Tariff Truce Alive

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

Srbijagas' Cons Net Profit Drops 28% in 2024

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

Chinas EV Makers Turn on BYD as Price War Escalates

China's EV Makers Turn on BYD as Price War Escalates

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

BofA Sees Saudis Embarking on Long But Shallow Oil-Price War

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.