English Edition

Global Offshore Wind Capacity to Grow 37% in 2021

Παρ, 5 Φεβρουαρίου 2021 - 18:56

The world's installed offshore wind capacity is expected to see a 37% growth rate this year with a China-led 11.8 gigawatt (GW) increase, according to Rystad Energy on Wednesday

RO Company Restart Energy Raises EUR 3.3 Mln with Green Bond Issue

Παρ, 5 Φεβρουαρίου 2021 - 18:53

Restart Energy, a Romanian independent supplier of electricity and natural gas, has raised RON 16.36 million (some EUR 3.35 million) through a green bond offer conducted between January 20 and February 3, 2021

Balkan Stream Gas Pipeline Contributes to Energy Stability of Serbia, Says Vucic

Πεμ, 4 Φεβρουαρίου 2021 - 17:59

The Balkan Stream pipeline, an extension of the TurkStream gas pipeline, contributes to Serbia's energy stability, Serbian President Aleksandar Vucic said in a telephone conversation with Russian President Vladimir Putin on Wednesday."President Vucic noted the importance of the Balkan Stream gas pipeline, which contributes to the energy stability of Serbia," the Serbian leader's administration said in a statement

Shell's Earnings Down 71% in 2020 Due to Weak Demand

Πεμ, 4 Φεβρουαρίου 2021 - 17:53

Royal Dutch Shell’s adjusted earnings dropped 71% year-on-year to $4.8 billion in 2020, the company announced on Thursday

Nigerian LNG Vessel to Arrive in Turkey on February 6

Τετ, 3 Φεβρουαρίου 2021 - 19:44

Nigerian LNG carrier, LNG Bonny II, is due to arrive in Turkey on Feb. 6, according to ship-tracking data on Wednesday

BMW Group Sources Aluminum Produced from Solar Energy

Τετ, 3 Φεβρουαρίου 2021 - 19:42

The BMW Group, the multinational producer of luxury vehicles and motorcycles, will begin sourcing aluminum produced from solar electricity with immediate effect, the group announced late Tuesday

BP Posts $20.3 Billion Loss in 2020

Τρι, 2 Φεβρουαρίου 2021 - 20:27

British energy giant BP reported a $20.3 billion loss in 2020, down from a $4 billion profit in 2019, driven by a challenging price environment and COVID-19 related demand impacts, according to its financial results statement released on Tuesday

Albania’s KESH to Build 5.1 MW Solar Power Plant at Qyrsaqi Dam in Vau i Dejës

Τρι, 2 Φεβρουαρίου 2021 - 20:23

State-owned KESH intends to build a 5.1 MW solar power plant at one of the three dams at the reservoir of its Vau i Dejës hydropower plant. The company earlier revealed it would install a 12.9 MW floating photovoltaic unit at the same lake

Bulgartransgaz Completes Participation in Alexandroupolis LNG terminal

Πεμ, 28 Ιανουαρίου 2021 - 20:29

Bulgaria’s state gas firm Bulgartransgaz has completed its participation in the Alexandroupolis LNG terminal, Gastrade, behind the project, confirmed today (28th Jan)

Global Oil Demand to Grow by 7% in 2021: WoodMac

Πεμ, 28 Ιανουαρίου 2021 - 20:12

Global oil demand will increase by 6.3 million barrels per day (bpd), or 7%, in 2021 to average 96.7 million bpd following the unprecedented oil demand shock from the Covid-19 pandemic last year, consultancy Wood Mackenzie said on Thursday

Global Gas Demand Expected to Rise By 2.8% This Year

Τετ, 27 Ιανουαρίου 2021 - 17:37

Global natural gas demand is forecast to increase by 2.8% this year after experiencing its largest drop on record by 2.5% in 2020 due to milder winter and COVID-19 lockdowns, according to a new report by the International Energy Agency (IEA) on Wednesday

Azerbaijan and Turkmenistan Agreement Advances Caspian Gas Cooperation

Τετ, 27 Ιανουαρίου 2021 - 17:35

Azerbaijan and Turkmenistan have signed a landmark agreement to jointly develop a long-disputed Caspian gas field, a move that could pave the way for the transit of Turkmenistan's massive gas reserves to Europe

Turkey's Oil Imports Down 3.8% in November 2020

Τρι, 26 Ιανουαρίου 2021 - 16:13

Turkey's total oil imports decreased by 3.8% to 3.57 million tonnes in November last year compared to the same month of 2019, according to data of Turkey's energy watchdog on Tuesday