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UK Introduces Tax on Oil and Gas Companies

Πεμ, 26 Μαΐου 2022 - 20:27

The UK government introduced a temporary tax on oil and gas companies that have made high profits due to increasing energy prices caused by the war between Russia and Ukraine

Greece Plays Key Role for Independence from Russian Gas According to EU

Δευ, 23 Μαΐου 2022 - 16:21

In addition to the projects that are being implemented, the Environment and Energy Ministry last week issued a positive opinion on the construction of the EastMed pipeline

IEA Warns Against Energy Crisis Deepening Fossil Fuel Reliance

Δευ, 23 Μαΐου 2022 - 15:44

The energy security crisis since Russia's invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy (IEA) chief Fatih Birol said on Monday

Rosneft Says Germany's Schroeder Steps Down from Board

Παρ, 20 Μαΐου 2022 - 17:36

Russia's largest oil company, Rosneft, reported that Former German Chancellor Gerhard Schroder resigned from the board of directors of the company

Turkiye's Daily Power Consumption Down 5.73% on May 19

Παρ, 20 Μαΐου 2022 - 17:33

Daily electricity consumption in Turkiye decreased by 5.73% on Thursday compared to the previous day, totaling 817,391 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday

GreenVolt Buys 45 Mwp Solar Park in Romania

Πεμ, 19 Μαΐου 2022 - 19:36

Portugal-based renewable energy producer GreenVolt said on Wednesday it has bought a 45 MWp photovoltaic park in Romania, which is valued at 83 million euro ($87 million)

EU Lets Gas Buyers Decide on Rouble Accounts, But "Advises" Against it

Πεμ, 19 Μαΐου 2022 - 17:52

The European Union's executive told member states this week they can keep buying Russian gas without breaching sanctions imposed on Russia following its invasion of Ukraine, EU officials said

Serbia Clears Way for Household Solar, Gets First Prosumers

Τετ, 18 Μαΐου 2022 - 18:57

After years of anticipation, Serbia has got its first registered solar prosumers in the household sector. Miloš Lončar, a mechanical engineer from the Belgrade municipality of Zemun, has told Balkan Green Energy News about his 10-year dream to produce his own electricity and how it has finally come true

Oil Prices Rise on China Demand Recovery Expectations, Supply Concerns

Τετ, 18 Μαΐου 2022 - 18:51

Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew

Romania's Oil Terminal Boosts Net Profit By 83% Y/Y in Q1

Τρι, 17 Μαΐου 2022 - 13:52

Romanian petroleum logistics company Oil Terminal said on Thursday its net profit surged by an annual 82.6% y/y in the first quarter of 2022, reaching 11.52 million lei ($2.4 million/ 2.32 million euro)

Saudi Arabia Plans to Boost Output By 1 Million Barrels Per Day: Energy Minister

Τρι, 17 Μαΐου 2022 - 13:47

Saudi Arabia plans to increase oil production by over 1 million barrels per day (bpd) by the end of 2026 or the beginning of 2027, international media outlets cited the energy minister as saying on Monday. Speaking at an energy conference in Bahrain, Saudi Energy Minister Abdulaziz bin Salman said his country could maintain production at over 13 million bpd if the market needs more oil