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Zeus, Energean's New Natural Gas Discovery in Israel

Δευ, 7 Νοεμβρίου 2022 - 10:36

Energean plc is pleased to announce that i) the Zeus-01 exploration well has made a commercial gas discovery of 13 bcm ii) contingent resources at Athena have been upgraded following post-well analysis; and iii) the Stena IceMax drilling rig has moved to block 23 to drill the Hercules structure, the final well in Energean’s 2022 drilling campaign.

EU Announces €1B Energy Support Package for Western Balkans

Παρ, 4 Νοεμβρίου 2022 - 18:49

The EU on Thursday announced an energy support package of €1 billion ($975 million) to help the Western Balkans deal with the spiraling energy crisis in Europe

European Union to Provide €3 Billion in Funding to Help CCS Projects

Παρ, 4 Νοεμβρίου 2022 - 18:40

The European Union is set to launch a new €3 billion ($2.98 billion) package of incentives for carbon capture and storage (CCS) projects after Energy Commissioner Kadri Simson called for an increased sense of urgency in a field identified as fundamental for meeting climate targets

Greece’s Mediterranean Gas Testing Market Interest for Argo FSRU

Πεμ, 3 Νοεμβρίου 2022 - 18:16

Greece’s Mediterranean Gas, the developer of the Argo FSRU terminal, is inviting companies willing to secure capacities at its planned facility in Volos to submit their bids

Cheniere Energy Revenue More Than Doubles on Soaring LNG Demand

Πεμ, 3 Νοεμβρίου 2022 - 18:10

Cheniere Energy Inc (LNG.A), the largest U.S. liquefied natural gas (LNG) exporter, reported its LNG revenue more than doubled in the third quarter on surging demand since Russia's invasion of Ukraine

Energy Crisis Tops EU Leaders' Meeting Agenda: EU Council Head

Τρι, 18 Οκτωβρίου 2022 - 19:00

The looming energy crisis will be the focal point of EU leaders' meeting agenda on Oct. 20-21, the EU Council head said Tuesday

Croatia Aims for Role as Eastern Europe’s ‘Energy Gateway’

Τρι, 18 Οκτωβρίου 2022 - 18:47

The war in Ukraine exposed the EU’s dependence on Russian fossil fuels, but an oil pipeline conceived as a Yugoslav rival to Soviet infrastructure could help Croatia emerge as a winner from Europe’s energy crisis

Germany, Netherlands Call for Joint EU Gas Purchasing Ahead of Next Winters

Σαβ, 15 Οκτωβρίου 2022 - 13:42

Berlin and The Hague have tabled joint proposals for EU countries to tackle the energy crisis as a bloc and secure gas supplies for next year’s winter

EuroAsia Interconnector Ready for Construction, ‘Historic Day’, President Says

Σαβ, 15 Οκτωβρίου 2022 - 13:37

A project which will connect the Cypriot, Greek and Israeli power grids through the world’s longest submarine power cable which will total over 1,200 kilometres with a 2,000 Megawatt capability that will allow Cyprus to have an excess of renewable energy that could be exported or exchanged, was inaugurated on Friday night

MYTILINEOS’ Chairman & CEO Evangelos Mytilineos Εlected Νew President of Eurometaux

Πεμ, 13 Οκτωβρίου 2022 - 13:57

Evangelos Mytilineos, CEO of Greek aluminium and energy company MYTILINEOS, was elected President of Eurometaux (Europe’s metals association) at the association’s General Assembly. He succeeds Mikael Staffas, CEO of Boliden, who has held this post since October 2018. Guy Thiran, Eurometaux’s Director General, commented: “I am thrilled to welcome Evangelos Mytilineos as our new President. His rich experience in the aluminium and energy sectors

Türkiye's Karpowership in Talks With European Countries to Supply 2 GW Floating Power Plants

Πεμ, 13 Οκτωβρίου 2022 - 13:16

Türkiye's Karpowership is in talks with four European countries to immediately supply 2 gigawatts of floating power plants to ease the continent's energy crisis as the winter arrives, the company said in a statement to Anadolu Agency

IEA Says Opec+ Move Disruptive, Slashes Demand Outlook

Πεμ, 13 Οκτωβρίου 2022 - 13:14

The IEA today labelled the Opec+ group's recent decision to cut its supply quotas as a "disruptive market force", and said this, along with a "relentless deterioration" in the economy, are behind sharp downgrades to its forecasts for global oil demand growth