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US, Saudi Firms to Form Joint Venture in MENA Region

Τρι, 1 Δεκεμβρίου 2020 - 16:42

The Turkish Competition Authority has granted permission to a new manufacturing joint venture to operate in the MENA region, the competition watchdog announced on Monday

Naftna Industrija Srbije : Deep Processing Unit Commissioned in Pančevo Oil Refinery

Παρ, 27 Νοεμβρίου 2020 - 19:46

Today, Pančevo Oil Refinery officially commissioned a deep processing unit featuring delayed coking technology - a project worth more than EUR 300 million. The construction of the new production complex in collaboration with the leading shareholders, the Russian company Gazprom Neft and the government of the Republic of Serbia, demonstrates NIS's continued commitment to modernisation of the Pancevo Refinery and its efforts to improve the quality of work processes, products and services

Iran's Top Nuclear Scientist Shot Dead Near Tehran

Παρ, 27 Νοεμβρίου 2020 - 19:26

An Iranian nuclear scientist described as the guru of Iran’s nuclear programme has been gunned down in the street in a town near Tehran. Mohsen Fakhrizadeh was ambushed in the town of Absard, about 40 miles east of Tehran. Four assailants opened fire after witnesses heard an explosion. Efforts to resuscitate Fakhrizadeh failed. His bodyguard was wounded

Albania Launches Auction for 100 MW Solar PV Park In Spitalle

Πεμ, 26 Νοεμβρίου 2020 - 18:15

Albania has launched the auction for the construction of a solar photovoltaic park, with a planned capacity of 100 MW in the area of Spitalle, in the western coastal municipality of Durrës

Exxonmobil Plans Reduction of Staffing Levels in Canada

Πεμ, 26 Νοεμβρίου 2020 - 18:12

US energy giant ExxonMobil announced plans to reduce staffing levels at company’s Canadian affiliates “as part of an ongoing global review to identify cost efficiencies and improve long-term competitiveness,” the company said in a statement on Wednesday

Turkey Aims to Hit 10,000 MW Wind Capacity: Minister

Τετ, 25 Νοεμβρίου 2020 - 19:48

Turkey aims to pass 10,000 megawatts (MW) of installed capacity threshold in wind energy soon, according to Energy and Natural Resources Minister Fatih Donmez on Wednesday

ENEL’s 2030 Vision in 2021–2023 Strategic Plan: A Decade of Opportunities

Τετ, 25 Νοεμβρίου 2020 - 19:15

Over a decade of profound transformation, the Group is placing at the core of its strategy the acceleration of the energy transition, alongside sustainable and profitable growth to create significant value shared with all stakeholders and attractive returns for shareholders over time

C02 Hits Record Levels in 2019: Global Weather Body

Τρι, 24 Νοεμβρίου 2020 - 19:37

Carbon dioxide (CO2) levels in the atmosphere hit a new record of 410.5 parts per million in 2019 and will likely rise this year despite a minor cut in emissions due to COVID-19 lockdowns, the World Meteorological Organization (WMO) said Monday

Bulgaria's Energy Market Global Wins 1.5 Mln Euro Power Supply Deal

Τρι, 24 Νοεμβρίου 2020 - 19:34

Bulgaria's St. Marina hospital said on Monday that it has awarded a 3 million levs ($1.8 million/1.5 million euro) power supply contract to local trader Energy Market Global

Akkuyu NPP's 3rd Unit Construction to Begin Next Spring

Παρ, 20 Νοεμβρίου 2020 - 20:14

Construction of the third unit of Turkey's Akkuyu Nuclear Power Plant (NPP) is planned to start next spring, Kirill Komarov, first deputy director general for corporate development and international business of Rosatom, said on Friday

Opec Likely to Delay Putting Extra Oil on Market: MUFG

Παρ, 20 Νοεμβρίου 2020 - 20:10

Given the expected year-end oil market surplus, and prevailing elevated demand uncertainty stemming from the virus, Opec+ may delay by 3 months its January production ramp-up by 1.9m barrels per day (b/d) to 5.8m b/d when it meets at the end of the month, a report said

Belarus Reopens Nuclear Power Plant after Replacing Equipment

Πεμ, 19 Νοεμβρίου 2020 - 18:52

Belarus has resumed operations at a new nuclear power plant, inaugurated earlier this month by President Alexander Lukashenko, after successfully replacing some equipment, the Ministry of Energy said in a statement on Thursday

Iran, Venezuela Sanctions Relief Low Priority for Biden

Πεμ, 19 Νοεμβρίου 2020 - 18:47

While the US has been in turmoil since President Donald Trump contested the results of a Joe Biden win in the presidential elections by claiming election fraud, oil giants Iran and Venezuela are hoping to resume diplomatic relations with the US under the new administration

Siemens Gamesa Names New CEO for Offshore Business

Τετ, 18 Νοεμβρίου 2020 - 18:27

Siemens Gamesa Renewable Energy has announced that Marc Becker will return to the company as CEO of its industry-leading offshore business

OMV Petrom Plans Bioethanol Plant, Biggest Solar Park in Romania

Τετ, 18 Νοεμβρίου 2020 - 18:24

OMV Petrom, the largest energy company in Romania, intends to build a bioethanol factory worth EUR 246 million and a solar power plant valued at EUR 82 million, local media reported

Minister: TAP Is a Milestone for the Energy Security of Greece and SE Europe

Τρι, 17 Νοεμβρίου 2020 - 19:37

Natural gas from the TAP pipeline will start to be supplied to the country, through DEPA, by the end of the year, Environment and Energy Μinister Kostis Hatzidakis said on Tuesday, in statements welcoming the completion of the preparations for the pipeline on Greek territory