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Small-Scale LNG Carrier Delivers Cargo to Croatian FSRU

Small-Scale LNG Carrier Delivers Cargo to Croatian FSRU

Παρ, 23 Σεπτεμβρίου 2022 - 19:59

The 30,000-cbm small-scale LNG carrier, Ravenna Knutsen, has delivered the 42nd cargo to the FSRU-based Krk import facility in Croatia since the launch of operations in January last year, according to state-owned terminal operator, LNG Croatia

Brent Loses Nearly 5% As Rising Dollar Axes Demand

Brent Loses Nearly 5% As Rising Dollar Axes Demand

Παρ, 23 Σεπτεμβρίου 2022 - 19:56

The price of Brent oil decreased almost 5% on Friday as the rising value of the US dollar repelled buyers from dollar-indexed oil, and interest rate hikes by major economies triggered demand uncertainty

Romania to Continue Fuel Support Scheme for 3 Extra Months

Romania to Continue Fuel Support Scheme for 3 Extra Months

Πεμ, 22 Σεπτεμβρίου 2022 - 16:13

The scheme that was launched in July to reduce the price of gasoline and diesel and was set to end in September will be extended for another three months, the coalition government has decided

Norway to Supply Offshore Wind Energy to US

Norway to Supply Offshore Wind Energy to US

Πεμ, 22 Σεπτεμβρίου 2022 - 16:11

Norwegian Prime Minister Jonas Gahr Store confirmed at the New York Climate Week on Wednesday that Norway will supply the United States with offshore wind power to help achieve the ambitious climate targets in New York and the US

Aramco CEO Says Energy Policies Alarming for Almost a Decade

Aramco CEO Says Energy Policies Alarming for Almost a Decade

Τρι, 20 Σεπτεμβρίου 2022 - 19:42

The real causes of the ongoing energy crisis are distorted energy policies, lack of contingency plans and underinvestment in the oil and gas sector, according to the CEO of Saudi Arabia’s energy company Aramco on Tuesday

EBRD Loan to Fund 150 MW of Solar in Turkey

EBRD Loan to Fund 150 MW of Solar in Turkey

Παρ, 16 Σεπτεμβρίου 2022 - 18:44

Renewables developer Adnan Polat Enerji Yatırımı AŞ (Apey) is set to add 150 MW of solar capacity in the Turkish market over the next three years

Capital: LR and LISCR Award Design Approval for World’s First 30,000cbm Liquified CO2 Carrier

Capital: LR and LISCR Award Design Approval for World’s First 30,000cbm Liquified CO2 Carrier

Παρ, 16 Σεπτεμβρίου 2022 - 13:20

Lloyd’s Register (LR) and Liberian International Ship and Corporate Registry (LISCR) have awarded Design Approval to Hyundai Mipo Dockyard (HMD) for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain.

Turkey ‘Vows’ to Continue East Med Gas Exploration

Turkey ‘Vows’ to Continue East Med Gas Exploration

Πεμ, 15 Σεπτεμβρίου 2022 - 19:37

Turkish Foreign Minister Mevlut Cavusoglu indicated on Tuesday that Ankara has no intention of giving up controversial gas exploration efforts in the Eastern Mediterranean

PM Abazović: Montenegro Can’t Endure Electricity Import Costs for Long

PM Abazović: Montenegro Can’t Endure Electricity Import Costs for Long

Τρι, 13 Σεπτεμβρίου 2022 - 20:27

Outgoing Prime Minister of Montenegro Dritan Abazović pointed to the impact of the energy crisis on state finances. “We give EUR 2 million every day for electricity imports. We can’t endure for long like this. It’s not just us – I don’t know which economy could endure this,” he stressed

OPEC Keeps Global Oil Demand Forecast Unchanged for 2023

OPEC Keeps Global Oil Demand Forecast Unchanged for 2023

Τρι, 13 Σεπτεμβρίου 2022 - 20:24

 The Organization of the Petroleum Exporting Countries (OPEC) estimated that global oil demand would remain unchanged from its report last month at 102.7 million barrels per day (bpd) in 2023, according to OPEC's latest monthly oil market report released on Tuesday