English Edition

Japan’s Coking Coal Imports Slip on Month in May

Τετ, 30 Ιουνίου 2021 - 19:33

Japan's coking coal imports declined slightly in May from April but held well above year-ago levels, supported by the country's economic recovery from the Covid-19 pandemic, while metallurgical coke imports fell from a record high in April

On June 18th 2021 the Hellenic Energy Exchange Group (EnEx) Celebrated its 3-Year Anniversary

Τετ, 30 Ιουνίου 2021 - 19:26

Founded in June 2018, EnEx is comprised of the Hellenic Energy Exchange S.A. (HEnEx) and the EnEx Clearing House S.A. (EnExClear). Since its designation by the Greek Regulatory Authority for Energy (RAE) as the Nominated Electricity Market Operator (NEMO), HEnEx has evolved in line with the European agenda for a single and integrated European energy market

U.S. LNG Exports Are Surging Despite Jump In Shipping Costs

Τρι, 29 Ιουνίου 2021 - 20:06

Despite a 65-percent jump in the cost of U.S. exports of liquefied natural gas to the biggest import market, Asia, American LNG shipments abroad have soared to record highs and are likely to reach new all-time highs later this year

Gazprom Export Acquires Centrex Gas Trader from Gazprombank

Τρι, 29 Ιουνίου 2021 - 19:57

Russia’s Gazprom Export has finalised its acquisition of trading group Centrex Europe Energy & Gas AG from Gazprombank, it said on Wednesday

Romanian Power Supplier, Distributor Electrica to Set Up Renewables Firm

Παρ, 25 Ιουνίου 2021 - 19:50

Electrica is establishing a subsidiary with the aim to develop a portfolio of electricity production of 400 MW from renewable sources and 100 MW in storage capacity

Chevron Won’t Cut Oil & Gas Business For Renewables

Παρ, 25 Ιουνίου 2021 - 19:45

Unlike European supermajors, U.S. Chevron doesn’t have any plans to reduce its oil and gas business to invest in solar or wind power, chief financial officer Pierre Breber said at a Reuters conference on Thursday

Memorandum of Understanding Signed by EnExGroup, BRM and TGE

Παρ, 25 Ιουνίου 2021 - 12:38

The CEO of the Hellenic Energy Exchange Group, Professor George Ioannou, the President of the Polish Power Exchange (TGE), Mr. Piotr Zawistowski and the President of the Romanian Commodities Exchange, Mr. Gabriel Purice, have signed a Memorandum of Understanding (MoU) on Wednesday the 23rd of June 2021. This Memorandum symbolizes a common willingness to promote a fruitful and long-term cooperation

Albania Launches First Tender for Wind Power Plants - EBRD

Πεμ, 24 Ιουνίου 2021 - 16:30

Albania launched its first public call for the construction of utility-scale on-shore wind power plants with a total capacity of 100 MW, the European Bank for Reconstruction and Development (EBRD) said

Saudi Aramco Extends $10 Billion Loan on Improved Terms, Sources Say

Τετ, 23 Ιουνίου 2021 - 19:42

Saudi Arabian oil giant Aramco has secured a one-year extension to a $10 billion loan it raised last year, negotiating improved terms in the process, three sources told Reuters

SUNLIGHT - Financial Results for the 2020: Positive Financial Performance In Full Implementation Mode the Corporate Transformation and the Investment Plan

Τετ, 23 Ιουνίου 2021 - 19:38

SUNLIGHT, a member of Olympia Group, posted a strong financial performance along the unprecedented recession cycle of year 2020, demonstrating that the strategic repositioning of the company creates new very promising prospects. SUNLIGHT has continued the digitization of its production process (Industry 4.0) and further implemented its investment initiatives, confirming its position as one of the largest energy storage application companies in the world that contributes to the transition of Greece and Europe into the era of electric mobility and green energy. The Company created a new research center for the development of technologically advanced solutions based on lithium, established the subsidiary SUNLIGHT BATTERIES USA Inc. and further strengthened its presence in the Italian and European markets

Fitch Raises Oil Forecast to Reflect Higher Prices, Demand Recovery

Πεμ, 17 Ιουνίου 2021 - 17:29

Brent oil price for 2021 is revised up to average $63 a barrel from $58 a barrel

Greece’s 680 MW Pumped Storage Project Seeks Investors

Πεμ, 17 Ιουνίου 2021 - 17:25

Developer Terna Energy claims the Amphilochia pumped hydroelectric energy storage project has entered the final stretch. If built, the large scale facility can boost Greece’s independence from fossil fuels and the government’s strategy for a coal-free electricity system by 2025

US Judge Blocks Biden Pause on Oil, Gas Leasing

Τετ, 16 Ιουνίου 2021 - 18:33

US district court judge Terry Doughty today signed a preliminary injunction that aims to prohibit the US Interior Department from implementing the oil and gas leasing pause, which Biden requested through an executive order signed on 27 January. Doughty agreed with a group of Republican-led states that brought a lawsuit arguing the administration went too far with its unilateral pause on leasing