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Spains Solar Industry Warns of Price Threat to Energy Transition

Spain's Solar Industry Warns of Price Threat to Energy Transition

Spain this year has clocked a growing number of hours with solar power prices at zero or even negative levels, which arise when supply exceeds demand and producers need to pay to offload power or stop plants, industry group UNEF said on Tuesday, a trend that could compromise the country's green energy shift.

Bulgarias YTD Power Output Grows 7%, Consumption up 5.6%

Bulgaria's YTD Power Output Grows 7%, Consumption up 5.6%

Bulgaria's electricity production added 7.01% to 30,806 GWh between January 1 and October 5, the country's Electricity System Operator (ESO) said on Monday. Domestic power consumption grew 5.62% on the year to 28,645 GWh, ESO said in a data release.

Kurdistan Resumes Oil Exports to Turkiye After Brief Halt

Kurdistan Resumes Oil Exports to Turkiye After Brief Halt

Oil exports from the Kurdistan Region to Turkiye resumed on Friday after a temporary suspension, according to the Ministry of Natural Resources In a statement, the ministry explained that exports through the Ceyhan terminal stopped 

Indonesia Regrets EUs Move to Appeal on WTO Biodiesel Ruling

Indonesia Regrets EU's Move to Appeal on WTO Biodiesel Ruling

The Indonesian trade ministry on Thursday urged the European Union to adopt World Trade Organization's panel ruling to remove countervailing duties on Indonesian biodiesel imports and regretted the block's move to appeal the WTO ruling. The European Union said last week it will appeal the

Bulgarian Regulators Clear Uni Energy Acquisition of Gazprom-Linked Nis Petrol

Bulgarian Regulators Clear Uni Energy Acquisition of Gazprom-Linked Nis Petrol

The Commission for Protection of Competition (CPC) in Bulgaria has approved a concentration in the fuel retail sector, allowing Uni Energy to acquire full control over Nis Petrol EOOD, BGNES reported. Following an investigation, the CPC concluded that the deal would not significantly hinder competition in the retail fuel market, where there is a horizontal overlap between the companies’ activities.

Ankara Seeks Refinery Role in New Oil Agreement with Baghdad, Erbil

Ankara Seeks Refinery Role in New Oil Agreement with Baghdad, Erbil

Turkiye sent Iraq a draft for a new joint oil agreement that includes significant revisions, among them the construction of four refineries in northern Iraq with limited Turkish participation, a source told Shafaq News on Wednesday

Bulgaria to End Russian Gas Flows to Hungary and Slovakia in 2027

Bulgaria to End Russian Gas Flows to Hungary and Slovakia in 2027

Bulgaria is backing an EU plan to end Russian gas exports to the bloc by late-2027, the country's top energy official said — a move that would effectively cut off pipeline supplies from Moscow to Hungary and Slovakia

EU Will Have New Climate Targets by COP30 Summit, von der Leyen Says

EU Will Have New Climate Targets by COP30 Summit, von der Leyen Says

The European Union will set emissions-cutting targets for 2035 and 2040 in time for the COP30 climate summit in November, the European Commission president said on Tuesday, after the bloc missed a U.N. deadline to approve the goals this month

Amid Maritime Boundary Talks in the Region, Cypriot President Receives International Energy Expert, Roudi Baroudi, on UN Demarcation Tools

Amid Maritime Boundary Talks in the Region, Cypriot President Receives International Energy Expert, Roudi Baroudi, on UN Demarcation Tools

Cypriot President Nikos Christodoulides met with the international energy policy expert, Roudi Baroudi, who presented copies of his two latest books, “Settling Maritime Boundaries in the Eastern Mediterranean: Who Will Be Next?” and “One Key, Multiple Prizes: Settling Maritime Boundaries Among Cyprus, Lebanon, and Syria”

Hydropower Plant Dabar to be Completed by End-2027

Hydropower Plant Dabar to be Completed by End-2027

The Dabar hydropower plant is expected to be completed by the end of 2027, according to Petar Đokić, Minister of Energy and Mining of the Republic of Srpska. The operation of the Dabar hydropower plant, the most complex hydropower facility, in

Trump Administration to Expand Coal Leasing, Fund Coal Plant Upgrades

Trump Administration to Expand Coal Leasing, Fund Coal Plant Upgrades

The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration 

Serbias Future Oil Supply Unclear as US Sanctions Loom

Serbia's Future Oil Supply Unclear as US Sanctions Loom

Serbia has ample crude oil and fuel in storage to meet demand in the short term but U.S. sanctions set to come into force on October 1 cast a shadow over the landlocked Balkan nation's future energy security, sources told Reuters on Friday

China Oil Port Set to Introduce Measures to Ban Shadow Fleet

China Oil Port Set to Introduce Measures to Ban Shadow Fleet

Terminal operators in a major oil port in east China's Shandong province are set to introduce measures to ban shadow fleet vessels and curb visits by other old tankers, according to an official notice seen by Reuters and a tanker tracker