English Edition

Dana Gas’ 2021 Collections Surge 107% to $377m

Δευ, 10 Ιανουαρίου 2022 - 15:18

Dana Gas, the Middle East's largest regional private sector natural gas company, said that its collections from the KRI and Egypt rose 107% year-on-year in 2021 to $377 million (AED1.38 billion) from $182 million (AED667 million) in 2020

Greece's DEPA, Gazprom Agree Long-Term Gas Deal

Παρ, 7 Ιανουαρίου 2022 - 18:54

Greece's DEPA Commercial has signed a long-term gas supply deal with Russia's Gazprom which offers more favourable terms, the gas utility said on Tuesday

U.S. Overtakes Qatar To Become The World’s Largest LNG Exporter

Παρ, 7 Ιανουαρίου 2022 - 18:51

The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged

BSTDB Loan to Accelerate Development of Greece’s Hydrocarbons Sector

Τετ, 5 Ιανουαρίου 2022 - 14:18

Financing to support implementation of ongoing development of Energean’s Epsilon field in Prinos

Russia Plans Oil and Gas Investments in Afghanistan: Taliban

Τετ, 5 Ιανουαρίου 2022 - 14:10

Russia is considering oil and gas investments in Afghanistan, the spokesman of the Taliban interim government confirmed following a meeting with Russian investors in the capital Kabul on Monday

Serbia May Lift Nuclear Power Ban - Energy Min

Δευ, 3 Ιανουαρίου 2022 - 18:55

Serbia's government may lift the existing nuclear energy ban in the country to allow the construction of modular reactors, energy minister Zorana Mihajlovic said on Monday

Shell, GAMMA and Karwei Create 1,400 Fast Charge Points

Δευ, 3 Ιανουαρίου 2022 - 16:09

Shell and Intergamma, the parent company of GAMMA and Karwei, will start installing 1,400 fast charge points at Intergamma's 380 hardware stores in the Netherlands and in Belgium in 2022. Home improvers with an electric vehicle enjoy the convenience of charging their car while shopping. Thanks to the dense network of GAMMA and Karwei stores, a place to stock up on needs and a fast charger will be often within 10 minutes. The electricity that comes from the charge points is 100 percent renewable

Rystad: Oil Industry on Track for Worst Year for Discoveries Since 1946

Πεμ, 30 Δεκεμβρίου 2021 - 19:49

Reflecting reduced investment in E&P in the COVID-19 era, the global energy industry is on track to record its worst year for new oil and gas discoveries since 1946, according to the analysts at Rystad Energy

Romania's Alro to Cut Primary Aluminum Production Due to High Energy Prices

Πεμ, 30 Δεκεμβρίου 2021 - 19:36

Romanian aluminium producer Alro [BSE: ALR] said that it will cut the production of primary aluminum and is considering technical unemployment in 2022 due to the rise in energy prices

Uzbekistan Launches First Gas-to-Liquids Plant Worth $3.6 Billion

Τετ, 29 Δεκεμβρίου 2021 - 19:34

Uzbekistan launched its first gas-to-liquids plant on Saturday, a $3.6 billion project to extract value from domestically produced gas and reduce its dependency on imports of oil products

Egypt, Italy's Eni Sign $1 Billion Agreement for Oil Exploration in Gulf of Suez and Nile Delta

Τετ, 29 Δεκεμβρίου 2021 - 19:28

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with the Italian giant energy group Eni for oil exploration and exploitation in the Gulf of Suez and Nile Delta regions worth $1 billion, Egypt's Ministry of Petroleum and Mineral Resources announced on Friday

EIB Lending 28.9 Mln Euro to N. Macedonia for Works on Gas Link With Greece

Δευ, 27 Δεκεμβρίου 2021 - 19:45

The European Investment Bank (EIB) said on Thursday it will provide a 28.9 million euro ($32.7 million) investment loan to North Macedonia for the construction of its 68-kilometre-long section of the cross-border natural gas interconnector with Greece.

Turkey's Daily Power Consumption Up 2.3% on Dec. 21

Τετ, 22 Δεκεμβρίου 2021 - 21:07

Turkey's daily electricity consumption increased by 2.3% on Tuesday compared to the previous day, totaling 997,213 megawatt-hours, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday

Highlights of Global Energy Market in 2021

Τετ, 22 Δεκεμβρίου 2021 - 21:04

The global energy sector in 2021 featured record high natural gas prices due to low output and rising demand as economies started to recover from the effects of Covid-19, crude oil price volatility amid OPEC+ decisions, new Covid-19 variants, and pledges to fight global warming from the UN Climate Change Conference

Sembcorp Energy Plans Biggest European Battery Storage System in UK

Δευ, 20 Δεκεμβρίου 2021 - 18:49

Sembcorp Energy UK (SEUK) has unveiled plans to build Europe’s largest battery energy storage system in the UK, which will have a capacity of 360MW

Bulgarian Parl Freezes Energy Prices for Households Until March 31

Δευ, 20 Δεκεμβρίου 2021 - 18:44

Bulgaria's parliament decided on Thursday to freeze the prices of electricity, heating and water for households at their current levels until the end of March 2022 in an attempt to alleviate the pressure of rising energy bills during winter months