English Edition

World-First Electric-Powered Heavy Transport Completed

World-First Electric-Powered Heavy Transport Completed

Mammoet, a global market leader in engineered heavy lifting and transport, has achieved a world-first, undertaking the replacement of a production vessel at a chemical plant in the Netherlands using purely electric power

Russias Gazprom Stops Natgas Deliveries to Bulgaria

Russia's Gazprom Stops Natgas Deliveries to Bulgaria

The Bulgarian energy ministry said that Russia's Gazprom informed public gas supplier Bulgargaz that it will cease delivering natural gas to Bulgaria starting from Wednesday

Kremlin Says Gazprom Working on Implementing Roubles-for-Gas Scheme

Kremlin Says Gazprom Working on Implementing Roubles-for-Gas Scheme

The Kremlin on Tuesday said Gazprom was implementing the presidential decree on enforcing payment for gas supplies in roubles without providing further clarification, when asked about the European Commission's guidance on Russia's plan

Europe Proposes Ban on Russian Coal Imports

Europe Proposes Ban on Russian Coal Imports

Europe is planning to cut deeper into the Russian economy with a new round of sanctions that includes a ban on coal imports. It's also working on sanctions that could target Russian oil

Gas Prices Retreat With Supplies to Europe Unaffected By Russian Attack on Ukraine

Gas Prices Retreat With Supplies to Europe Unaffected By Russian Attack on Ukraine

Natural gas prices in Europe fell 12% from Friday's closing price of €131 per megawatt-hour to €115 on Monday. Natural gas prices for April futures contracts on the TTF, the Netherlands-based virtual natural gas trading point, hit historical levels at €345 per megawatt-hour on March 7

The UGS Welcomes and Supports the Decision of  the IMO Extraordinary Council Session  About the Urgent Establishment of A Safe Maritime Corridor

The UGS Welcomes and Supports the Decision of the IMO Extraordinary Council Session About the Urgent Establishment of A Safe Maritime Corridor

The IMO at the Extraordinary Session of its Council agreed to the proposal, initiated by Greece and other Member States, as well as the international shipping industry, for the urgent establishment of a maritime corridor to allow the safe evacuation of seafarers and ships from the high risk and affected areas in the Black Sea and the Sea of Azov. This important decision lays the foundation for concrete action so that the safety and security at sea is not compromised and the well-being of everyone serving onboard vessels is guaranteed

HRADF Receives Binding Offer for the Sub-Concession of a Terminal Within the “Philippos II” Port

HRADF Receives Binding Offer for the Sub-Concession of a Terminal Within the “Philippos II” Port

The Hellenic Republic Asset Development Fund (HRADF S.A.), a member of the HCAP Group, received today binding offer by the consortium INTERNATIONAL PORT INVESTMENTS KAVALA, composed of the companies BLACK SUMMIT FINANCIAL GROUP - EFA GROUP - GEK TERNA for the sub-concession of the right to use, maintain, operate and exploit a multi-purpose terminal within “Philippos II” port (currently operated by Kavala Port Authority S.A. - OLK S.A.).

Turkeys Daily Power Consumption Up 2.94% on Feb. 22

Turkey's Daily Power Consumption Up 2.94% on Feb. 22

Daily electricity consumption in Turkiye increased by 2.94% on Tuesday compared to the previous day, totaling 911,015 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday

Brimming European LNG Terminals Have Limited Space for More Gas

Brimming European LNG Terminals Have Limited Space for More Gas

Europe's liquefied natural gas (LNG) terminals have limited available capacity to absorb extra supply from the United States or other major producers in the event of Russian gas disruption if it invades Ukraine