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ReneSola Sells 15.4 MW Solar Parks in Romania to Alternus for 24 Mln Euro

Δευ, 29 Μαρτίου 2021 - 20:18

US-based solar energy project developer ReneSola Power said on Thursday that it has completed the sale of two ground-mounted solar parks in Romania with a total capacity of 15.4 MW to European independent power producer (IPP) Alternus Energy Group for 24 million euro ($28.35 million)

Oil Falls 1% as Traffic in Suez Canal Resumes

Δευ, 29 Μαρτίου 2021 - 20:15

Brent oil fell 63 cents, or 1%, to $63.94 a barrel by 1337 GMT. U.S. crude was down 63 cents, or 1%, at $60.34 a barrel. At the Suez Canal, a Reuters witness saw the giant container ship Ever Given moving after being refloated by rescue workers and salvage teams, and a shipping tracker and Egyptian TV showed it positioned in the centre of the waterway

Montenegro to Let People Decide on Offshore Oil After Exploratory Drilling

Παρ, 26 Μαρτίου 2021 - 18:00

After environmentalists protested and the State Audit Institution warned Montenegro isn’t prepared to tackle an oil spill, the Ministry of Capital Investments said it won’t cancel the exploratory drilling in the Adriatic, but that the issue can be publicly discussed after it

Fears of Prolonged Suez Canal Blockage Drive Oil Prices Higher

Παρ, 26 Μαρτίου 2021 - 17:56

Oil prices rose sharply on Friday on mounting concerns that it could take weeks to dislodge a giant container ship blocking the Suez Canal, possibly squeezing supplies of crude and refined products

Romania’s Nuclearelectrica Signs Deal for Local Uranium Processing Assets

Τετ, 24 Μαρτίου 2021 - 19:51

Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said it has signed an agreement to acquire some assets within the uranium concentrate processing line at the Feldioara Branch owned by the National Uranium Company, CNU

Norway's Aker BP Buys UK Oil Stake in First Foreign Move

Τετ, 24 Μαρτίου 2021 - 19:47

Norwegian independent oil firm Aker BP has made its first foreign acquisition, it said on Wednesday, buying a 50% stake in a British North Sea licence from Italy’s Eni

Europe Energy Storage Deployment to Near Double in 2021

Τρι, 23 Μαρτίου 2021 - 18:48

The energy storage market in Europe this year is expected to almost double the annual storage deployments seen in 2020, reaching 3,000 megawatt-hours (MWh), the European Association for Storage of Energy (EASE) said in statement on Tuesday

Turkey’s Solar Power Generation Soars 50%: Energy Min.

Τρι, 23 Μαρτίου 2021 - 18:46

Turkey’s electricity generation from solar power plants soared by 50%, the country’s energy and natural resources minister said on Tuesday, citing data from February 2020

Saudi Aramco to Prioritise Energy Supply to China for 50 Years, Says CEO

Δευ, 22 Μαρτίου 2021 - 20:04

Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday

TAP to Seek Binding Offers for Capacity Expansion in July

Δευ, 22 Μαρτίου 2021 - 20:02

The consortium implementing the Trans Adriatic Pipeline (TAP) gas transmission project said it will launch in July a tender seeking binding offers for the potential expansion of the pipeline's capacity

Oil Majors Accelerate Energy Transition Policies: Fitch

Παρ, 19 Μαρτίου 2021 - 17:01

Large oil and gas (O&G) companies are tightening emission targets and speeding up transformation plans, with European majors leading the way but US peers are catching up, Fitch Ratings said on Thursday

Paris Climate Deal Unfair to Turkey: OECD Envoy

Παρ, 19 Μαρτίου 2021 - 16:56

Turkey has long been treated unfairly under the Paris Climate Agreement, according to the country's permanent representative to the Organization for Economic Co-operation and Development (OECD)

TITAN Cement Group Further Accelerates its Sustainability Efforts With Ambitious ESG Targets for 2025 and Beyond

Πεμ, 18 Μαρτίου 2021 - 13:16

TITAN Cement Group, underscoring its enduring commitment to sustainability and value creation for all, released its Environmental, Social and Governance (ESG) targets for 2025 and beyond. The targets include an updated, more ambitious, CO2 reduction goal for 2030, aligned with the vision of the European Green Deal to achieve climate neutrality by 2050.