English Edition

Bulgarian Civil Aviation Suffers Huge Losses Owing to Coronavirus Pandemic

Παρ, 15 Ιανουαρίου 2021 - 18:58

The pandemic has an extremely negative impact on civil aviation. Passenger flows have plummetd not only to and from Bulgaria, this is a global problem, especially strongly felt on a European scale. Such a catastrophic situation has probably not happened since World War II

Total Resigns from US Oil Industry Body

Παρ, 15 Ιανουαρίου 2021 - 18:54

The API has different views on key elements of Total's climate change strategy

Global Oil Demand to Increase 6.56% in 2021: OPEC

Πεμ, 14 Ιανουαρίου 2021 - 20:29

Global oil demand is expected to increase by 6.56%, by 5.9 million barrels per day (bpd), in 2021 to an average of 95.91 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Thursday

OMV Petrom's Q4'20 Daily Hydrocarbon Output Drops 7.6% Y/Y

Πεμ, 14 Ιανουαρίου 2021 - 20:27

The hydrocarbon production of Romania's top oil and gas group OMV Petrom [BSE:SNP] dropped 7.6% on the year to 140,200 barrels of oil equivalent (boe) per day in the fourth quarter of 2020, the company said on Thursday

Winter LNG Boom Creates Most Expensive Cargo Ships in History

Τετ, 13 Ιανουαρίου 2021 - 19:33

An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities

Energy Efficiency Saves Turkey $1B Between 2017-2019

Τετ, 13 Ιανουαρίου 2021 - 19:28

Energy efficiency measures and investments saved Turkey $1 billion between 2017-2019, according to Energy and Natural Resources Minister Fatih Donmez on Wednesday

IEA Chief Says U.S. shale is Needed for Now as Oil Prices Climb

Τρι, 12 Ιανουαρίου 2021 - 18:31

Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest since February 2020. Prices have climbed in recent days after promises of unilateral output cuts from Saudi Arabia spurred a further rally

Greece Moves to Extend Ionian Sea Boundaries to 12 Nautical Miles

Τρι, 12 Ιανουαρίου 2021 - 18:27

Locked in a fierce dispute with Turkey over boundaries in the Aegean and East Mediterranean, Greece’s New Democracy government moved to push its limits in the Ionian Sea off the west coast from six to 12 miles

US Capitol Secured, 4 Dead After Rioters Stormed the Halls of Congress to Block Biden's Win

Πεμ, 7 Ιανουαρίου 2021 - 20:22

The US Capitol is once again secured but four people are dead -- including one woman who was shot -- after supporters of President Donald Trump breached one of the most iconic American buildings, engulfing the nation's capital in chaos after Trump urged his supporters to fight against the ceremonial counting of the electoral votes that will confirm President-elect Joe Biden's win

EU Commission Clears Buy of CEZ Assets in Romania by Macquarie

Πεμ, 7 Ιανουαρίου 2021 - 20:14

The European Commission (EC) said on Monday it has approved the acquisition of energy assets owned by Czech group CEZ in Romania by Macquarie Infrastructure and Real Assets (MIRA), part of global financial services organisation Macquarie Group

Energean Completes Acquisition of Stake in Block 2, Offshore Greece

Πεμ, 7 Ιανουαρίου 2021 - 11:27

Energean plc, is pleased to announce that it has completed its acquisition of Total’s entire 50% working interest share and operatorship position in Block 2, offshore Western Greece. Combined with the 25% working interest that was acquired through the acquisition of Edison E&P, Energean’s working interest in the block is now 75%; Hellenic Petroleum holds the remaining 25%.

New Indonesia FSRU Leaves Shipyard

Τρι, 5 Ιανουαρίου 2021 - 15:42

The 170,000m³ Jawa Satu floating storage and regasification unit (FSRU) left South Korean shipbuilder Samsung Heavy Industries' Geoje shipyard yesterday

Egypt Signs $1bn Oil, Gas Exploration Deals With Top Firms

Τρι, 5 Ιανουαρίου 2021 - 15:40

Egypt has signed nine oil and gas exploration agreements worth $1 billion with local and international companies. Exxon Mobil, Chevron and Total are among the signatories