English Edition

Nearly Half of Slovenian Firms Risk Collapse Over High Energy Costs

Παρ, 28 Ιανουαρίου 2022 - 20:51

Respondents in a poll conducted by the Chamber of Commerce and Industry of Slovenia expect energy expenses to jump 128% this year and almost half of them said the high costs put their long-term existence in jeopardy

Russia Reports Record High Gas Deliveries to Turkiye Via Blue Stream

Παρ, 28 Ιανουαρίου 2022 - 20:46

Russian energy company Gazprom announced Friday a record high export volume of natural gas to Turkey via the Blue Stream gas pipeline in 2021

US Finalizing Plans to Divert Gas to Europe if Russia Cuts Off Supply

Τετ, 26 Ιανουαρίου 2022 - 19:44

Officials working with global suppliers to avoid European gas crisis if flow from Russia is cut as Biden says he would consider personal sanctions against Putin

Lebanon Ready to Resume Maritime Border Talks With Israel, President Says

Τετ, 26 Ιανουαρίου 2022 - 19:38

Lebanon is ready to resume talks over a maritime border dispute with Israel, the country’s president, Michel Aoun, said on Wednesday

Europe Won’t Receive Russian Oil and Gas, if Russia Disconnected from SWIFT — Senator

Τρι, 25 Ιανουαρίου 2022 - 18:37

The European countries will not be able to receive gas, oil and metals from Russia in case Russia is disconnected from the SWIFT international payment system, Nikolay Zhuravlev, Vice Speaker of the Federation Council, told TASS on Tuesday. The Federation Council is the upper house of the Russian parliament

Romania's Transgaz, 3SIIF to Set Up JV for Hydrogen Transmission Projects

Τρι, 25 Ιανουαρίου 2022 - 18:23

Romanian gas transmission system operator Transgaz said on Tuesday that together with the Three Seas Initiative Investment Fund (3SIIF) it plans to set up a joint venture company to implement gas hydrogen blend transmission infrastructure projects worth a total 626 million euro ($708 million)

The Bulgarian State Gas Company is Under Investigation

Παρ, 21 Ιανουαρίου 2022 - 20:04

Bulgaria’s state-owned gas company, Bugargaz is under investigation for a series of potential abuses, according to new Prime Minister Kiril Petkov on Sunday

ExxonMobil, Sabic Start Operations at US Facility

Παρ, 21 Ιανουαρίου 2022 - 19:57

ExxonMobil and Sabic have announced the successful startup of Gulf Coast Growth Ventures world-scale manufacturing facility in San Patricio County, Texas

Final Approval Given for South Fork Wind Project off U.S. Coast

Πεμ, 20 Ιανουαρίου 2022 - 20:27

Construction will soon begin on the second commercial-scale, offshore wind energy project to gain approval in the United States, the developers said

Moldovagaz Announces Paying off Gazprom Debt for Current Supplies

Πεμ, 20 Ιανουαρίου 2022 - 20:20

The gas distribution company Moldovagaz has paid its current debt to Gazprom after being warned of the possibility of its gas supply being cut off, the press service of the company said in a statement on Thursday

Eastmed Doubts Dent Cyprus Energy Plans

Τετ, 19 Ιανουαρίου 2022 - 17:56

Cyprus’ dreams of becoming an energy hub have taken a step backwards after Nicosia confirmed the construction of the EastMed gas pipeline is a longshot. In comments to state radio CyBC, newly appointed Foreign Minister Ioannis Kasoulides said that nothing was set in stone, while it remains to be confirmed whether the project is economically sustainable

IEA Oil Demand Forecast Up Due to Softer COVID-19 Restrictions

Τετ, 19 Ιανουαρίου 2022 - 17:53

The International Energy Agency (IEA) revised up its global oil demand estimates for 2022 by around 200,000 barrels per day (bpd) compared to last month's assessment due to softer COVID-19 restrictions

Albania's KESH Seeks to Lease TPP to Meet Electricity Needs

Δευ, 17 Ιανουαρίου 2022 - 17:27

Albania's state-owned power corporation KESH is inviting expressions of interest from international parties for leasing of a thermal power plant (TPP) in a bid to meet electricity needs at lower costs during the energy crisis, it said

Hydrogen to Cover 12% of Global Energy Use By 2050: IRENA

Δευ, 17 Ιανουαρίου 2022 - 17:05

Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (Irena)

Nigerian LNG Vessel Arrives in Turkiye

Παρ, 14 Ιανουαρίου 2022 - 18:33

LNG carrier, Arctic Lady, reached Turkiye on Thursday, January13, according to the latest ship tracking data

Surging Electricity Demand is Putting Power Systems Under Strain Around the World

Παρ, 14 Ιανουαρίου 2022 - 17:52

Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life and clean electricity is pivotal to energy transitions, but in the absence of faster structural change in the sector, rising demand over the next three years could result in additional market volatility and continued high emissions, according an IEA report released today