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Multibillion-Dollar Gas Projects in Jeopardy as Global Market Collapses

A multibillion-dollar pipeline of projects aiming to ship gas around the world on giant tankers could be in jeopardy because of a collapse in the global gas market, according to a report

Turkey to Open 1st Domestic Solar Panel Factory in August

Turkey in August will open its very first indigenous integrated solar panel factory as part of its efforts to strengthen the nation’s power grid, the country's president said on Sunday

Oil Price Crash Causes Major Recession in Russia

The oil price crash that Russia helped create, along with the coronavirus-driven global recession, will result in Russia’s economy shrinking this year by the most in 11 years, the World Bank said in its latest economic report on Russia.

Bulgaria Not Required to Notify EC of Changes to Belene NPP Project - Energy Min

Bulgaria is not required to notify the European Commission (EC) of changes to the original investment project for the construction of Belene nuclear power plant (NPP), because it is not a new project, energy minister Temenuzhka Petkova said on Monday

Petronas Venture Invests in Solar Energy Start-Up

Malaysia's Petronas Ventures, the corporate venture capital arm of Petroliam Nasional Bhd (Petronas) agreed with SOLS Energy Sdn Bhd to invest in a solar photovoltaic (PV) system start-up, the company announced on Friday

Goldman Sachs Expects Full Oil Demand Recovery in 2022

Global oil demand is expected to return to pre-coronavirus levels in 2022 with a pickup in transportation and recovery in major economies, Goldman Sachs said in a report on Thursday

Clean Energy Innovation Vital to Meet Net Zero Emissions

A major acceleration in clean energy innovation is critically needed if companies and countries worldwide are to fulfill their pledges to bring their carbon emissions down to net zero, the International Energy Agency's (IEA) new report on Thursday showed

ENI Announces New Gas Discovery Offshore Egypt

Italian energy giant ENI on Wednesday announced the drilling of the first exploration well in the North El Hammad license in the conventional Egyptian waters of the Nile Delta on the Bashrush prospect, in collaboration with BP and Total

Α MoU Was Signed Between DEPA, DESFA and Patras Port Authority for the Promotion of LNG Bunkering at the Port of Patras

Based on the offer of new opportunities and development prospects both for the Port of Patras and the wider region, a memorandum of understanding was signed today (July 2nd) between DEPA, DESFA and the Port Authority of Patras (PPA), aiming to the promotion of the use of LNG as marine fuel

LNG Shipbuilding Continues With Three Vessel Order From COSCO

Despite soft demand for LNG, ship owners and shipbuilders are continuing to proceed with new construction believing in the longer-term prospects of the segment

Bulgaria’s 300,000 Firms to Leave Regulated Power Market Amid Liberalization

EU May Suffer Oil Depletion by 2030: French Study

The European Union (EU) may suffer oil depletion by 2030 as the total volume produced by the EU’s current oil providers is likely to shrink by up to nearly 8%, according to a study by a French think tank, The Shift Project

Application for Hungary's New Nuclear Units Submitted

The implementation license application for the expansion of Hungary's sole nuclear power plant has been submitted on Tuesday to the country's atomic energy authority