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EU Looks To Tax Jet Fuel In Push To Cut Emissions

Τρι, 25 Μαΐου 2021 - 19:34

The European Union (EU) is looking to extend energy taxation to the aviation industry as the bloc is ramping up efforts to raise its chances of reaching the targets in the European Green Deal for carbon neutrality by 2050

Qatar LNG Plans To Flood World Market

Παρ, 21 Μαΐου 2021 - 19:33

The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market

IPTO Completes Crete-Peloponnese Power Link – Crete to Burn Less Oil to Produce Electricity

Παρ, 21 Μαΐου 2021 - 19:24

The Ministry of Environment and Energy and the Independent Power Transmission Operator (IPTO or Admie) have announced the completion of the Crete-Peloponnese power interconnection, a step toward ending the island’s energy isolation and its transition to a cleaner energy mix

Oil Falls With Possible Return of Iranian Supply

Πεμ, 20 Μαΐου 2021 - 15:36

Oil prices were on course for a third day of losses on Thursday after diplomats said progress was made towards a deal to lift sanctions on Iran, which could boost crude supply

Romania's OMV Petrom Sells Production Assets in Kazakhstan to Magnetic Oil

Πεμ, 20 Μαΐου 2021 - 15:28

Romanian oil and gas group OMV Petrom [BSE:SNP] said on Monday that it has closed the sale transaction for its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) in Kazakhstan to Magnetic Oil Limited

The Possible Impacts of Shell Oil Exploration in Block 4 and Around the Vjosa River

Τετ, 19 Μαΐου 2021 - 20:41

The news that Shell are exploring areas around the Vjosa River in Block 4, southern Albania sparked controversy, protests, and significant media coverage

Scoop: Biden to Waive Sanctions on Company in Charge of Nord Stream 2

Τετ, 19 Μαΐου 2021 - 20:36

The Biden administration will waive sanctions on the corporate entity and CEO overseeing the construction of Russia’s Nord Stream 2 pipeline into Germany, according to two sources briefed on the decision

Turkey's Daily Power Consumption Up 19.9% on May 17

Τρι, 18 Μαΐου 2021 - 19:50

Turkey's daily electricity consumption increased by 19.9% on Monday compared to the previous day to reach 809,384 megawatt-hours, according to official figures of the Turkish Electricity Transmission Corporation (TEIAS) on Tuesday

Russia's Gazprom Has No Plan to Build Natural Gas Pipeline to Europe

Τρι, 18 Μαΐου 2021 - 19:47

Gazprom is not planning to build a new natural gas pipeline to Europe "for now", Oleg Aksyutin, the deputy chairman of the Russian energy company, announced Tuesday

Serbia Withholding Natural Gas from Hungary

Παρ, 14 Μαΐου 2021 - 19:11

The Serbian state natural gas system operator Szrbijagasz is not providing Hungary with non-discriminatory access to the Horgos natural gas transfer point, the Council of Ministers of the European Union Energy Community has stated, according to business daily Világgazdaság

EU Confirms Carbon Market Permit Surplus Grew in 2020

Παρ, 14 Μαΐου 2021 - 19:08

The amount of permits in circulation in Europe’s carbon market increased last year, as the COVID-19 pandemic caused emissions covered by the scheme to drop, the European Commission said on Wednesday (12 May)

Romania's Q1 Energy Output Falls 5.7% Y/Y - Provisional Data

Τετ, 12 Μαΐου 2021 - 19:21

Romania's energy output fell by an annual 5.7% in the first three months of the year, the statistical office, INS, said on Wednesday

Geothermal and Hydropower Need More Attention: IEA Head

Τετ, 12 Μαΐου 2021 - 19:18

When it comes to renewable energy, we should not only think of sun and wind but also geothermal and hydropower, said Fatih Birol, President of the International Energy Agency (IEA) on Wednesday