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Dragon Oil Announces Historic Oil Discovery in Gulf of Suez

Dragon Oil Announces Historic Oil Discovery in Gulf of Suez

The United Arab Emirates-based Dragon Oil made one of the largest oil discoveries of the past 20 years in the Gulf of Suez, international media reports said, citing the Egyptian petroleum ministry

Romanias Romgaz Produced 11.2% More Gas in 2021, Still Less Than in 2019

Romania's Romgaz Produced 11.2% More Gas in 2021, Still Less Than in 2019

Total hydrocarbon production of Romanian state-controlled natural gas company Romgaz rose by 11.2% YoY to 32.5 mln barrels of oil equivalent (boe) in 2021, and the volume of gas from domestic production delivered to the market increased even more (by 12.7% YoY) to 4.97 bln cubic meters

Turkeys Daily Power Consumption Down 0.64% on Feb. 10

Turkey's Daily Power Consumption Down 0.64% on Feb. 10

Daily electricity consumption in Turkiye decreased by 0.64% on Thursday compared to the previous day, totaling 964,412 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday

Rystad: Australia Battery Storage Capacity Expected to Double in 2022

Rystad: Australia Battery Storage Capacity Expected to Double in 2022

Australia’s battery capacity will double this year as major projects come online, heightening pressure on the country’s fossil fuel power generators that are struggling to compete against soaring renewable energy generation

Energy Poverty Leads to Pollution-Related Deaths in Albania and Western Balkans

Energy Poverty Leads to Pollution-Related Deaths in Albania and Western Balkans

At least 37% of Albanians are suffering from energy poverty, far above the European average of 5%, according to a study from DOOR and EIHP to address energy poverty in energy community contracting parties. This drives them to use wood to heat their homes, directly impacting the health of those around them

Split Designated as HQ for the Ionian Adriatic Pipeline

Split Designated as HQ for the Ionian Adriatic Pipeline

The construction of the Ionian-Adriatic Gas Pipeline (IAP) will be led by a project company based in Split and shareholders from four countries through which the pipeline passes or is used, EURACTIV’s partner Jutarnji list has reported

Eni, Novatek Find No Oil, Gas Offshore Montenegro - Report

Eni, Novatek Find No Oil, Gas Offshore Montenegro - Report

Italy's Eni and Russia's Novatek have discovered no petroleum or gas deposits at the exploration well offshore Montenegro between Bar and Ulcinj, local media reported, Montenegrin media quoted a government official as saying