English Edition

TGS and PGS Agree to Form $2.6B Energy Data Co

TGS and PGS Agree to Form $2.6B Energy Data Co

TGS ASA and PGS ASA have agreed the principal terms of a combination “to create a strong full-service energy data company”, the businesses said in a joint statement

Opecs Oil Supply Rises in August

Opec's Oil Supply Rises in August

Total crude oil production from the 13 members of the Organization of Petroleum Exporting Countries (OPEC), OPEC-13, increased by 113,000 barrels per day (bpd) month on month in August

HEP Eyes Hydrogen Production at Site of its Lone Coal Power Plant Plomin

HEP Eyes Hydrogen Production at Site of its Lone Coal Power Plant Plomin

Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP) plans to install a solar power plant and an electrolyzer for hydrogen production at the site of its Plomin thermal power plant. It is the only Croatian coal-fired electricity unit

Bulgaria Ups Pressure on Lukoil to Sell Balkans’ Largest Refinery

Bulgaria Ups Pressure on Lukoil to Sell Balkans’ Largest Refinery

The Bulgarian government has initiated the procedure for an early termination of the import of Russian oil, which supplies the Russian company Lukoil’s refinery near the Black Sea city of Burgas – a move analysts say is aimed at pressuring Lukoil to sell its business in Bulgaria

Saipem Scoops up $1 Billion for Work on Natural Gas Project off Africa

Saipem Scoops up $1 Billion for Work on Natural Gas Project off Africa

Italy’s engineering, drilling, and construction services provider Saipem has got its hands on a new contract – worth approximately $1 billion – for the development of a gas project off Libya with Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa

Agreement between MYTILINEOS and HELLENiQ ENERGY for the sale of a 211 MW portfolio of 4 solar projects in Romania

Agreement between MYTILINEOS and HELLENiQ ENERGY for the sale of a 211 MW portfolio of 4 solar projects in Romania

A 211 MW solar portfolio developed in Romania by MYTILINEOS Energy & Metals (RIC: MYTr.AT, Bloomberg: MYTIL.GA, ADR: MYTHY US) (MYTILINEOS), is acquired by HELLENiQ ENERGY Holdings (RIC: HEPr.AT, Bloomberg: ELPE GA) through its subsidiary, HELLENiQ Renewables. The binding agreement signed by the two Companies includes the construction and transfer of four (4) solar parks in Southern Romania that are already in an advanced stage of development,