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Romgaz, GSP to Build Gas Power Plant, Solar Park in Romania

Δευ, 14 Σεπτεμβρίου 2020 - 19:42

Romanian natural gas producer Romgaz [BSE:SNG] and Grup Servicii Petroliere (GSP) Holding signed a memorandum of understanding for the construction of a 150MW gas power plant and a 50MW solar park, the government said

Global Oil Production Increases in August 2020

Δευ, 14 Σεπτεμβρίου 2020 - 19:38

Global liquids production in August increased by 1.32 million barrels per day (bpd) to an average of 89.88 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday

Large-Scale Solar Deployment Picks Up in Spain

Παρ, 11 Σεπτεμβρίου 2020 - 16:44

Solar is regaining speed in Spain after the Covid-19 crisis. Iberdrola is now building 150 MW, while Foresight recently acquired a 26.1 MW project. FRV has secured financing for a 136 MW array, Audax plans to issue green bonds to finance its pipeline, and an 800 MW solar park is expected to provide with power Alcoa’s aluminum plant in Galicia

North Macedonia to Convert Oil-Fired Power Plant Negotino to Natural Gas

Παρ, 11 Σεπτεμβρίου 2020 - 16:33

The new Government of North Macedonia intends to switch the 210 MW thermal power plant TEC Negotino from fuel oil to natural gas

Russia's Gazprom Boosts Natural Gas Supplies to China

Πεμ, 10 Σεπτεμβρίου 2020 - 19:31

Russia's natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared to June, a senior Gazprom official said

Final Stage Begins for 1st Reactor Manuf. of Akkuyu NPP

Πεμ, 10 Σεπτεμβρίου 2020 - 19:09

The final manufacturing stage of the first reactor of Akkuyu Nuclear Power Plant (NPP) has started, AEM-technology, which operates alongside Rosatom's machine-building division of Atomenergomash, announced on Thursday

Moody’s Upgrades Oil, Gas Sector Outlook to 'Stable'

Τετ, 9 Σεπτεμβρίου 2020 - 18:43

Global rating agency Moody's on Wednesday changed its outlook for the global oil and gas sector from negative to stable, driven by an expected budding recovery through June 2021 following an extremely weak second quarter

Bulgarian Energy Holding: BGN 50 Million Loan for Mini Maritsa Iztok

Τετ, 9 Σεπτεμβρίου 2020 - 18:39

For the normal operation of Mini Maritza Iztok, the Bulgarian Energy Holding (BEH) will provide a long-term loan of BGN 50 million. An additional BGN 5 million will be provided for the employees related to the update of their remuneration from October 1

Russia’s ‘Basic Instinct’ Dig Provokes Spat With Ally Serbia

Τρι, 8 Σεπτεμβρίου 2020 - 20:09

Serbia accused Russia of "primitivism and vulgarity” on Sunday after Russia’s diplomatic spokeswoman appeared to mock Serbia’s president on social media, marking a rare criticism toward Belgrade’s longtime ally

Iran Turns Down Russia’s Mediation Offer With US

Τρι, 8 Σεπτεμβρίου 2020 - 20:07

Iran has turned down an offer from Russia to mediate between Tehran and Washington, ruling out the possibility of negotiations with the US administration

NIS Tops Turnover List on Belgrade Bourse, Share Indices End Down

Παρ, 4 Σεπτεμβρίου 2020 - 17:44

Oil and gas company NIS [BEL:NIIS] generated the highest turnover on the Belgrade Stock Exchange on Friday, as stock indices ended down, bourse data showed

Portugal Reaches World’s Record Low Solar Power Prices in Auction

Παρ, 4 Σεπτεμβρίου 2020 - 17:35

Portugal’s government accepted an unidentified project developer’s offer of EUR 11.4 per MWh for solar power over 15 years, beating the latest all-time low achieved in an auction in Abu Dhabi

Enery BG 1 to Build 400 MW Solar Park in Bulgaria's Haskovo - Local Govt

Πεμ, 3 Σεπτεμβρίου 2020 - 20:40

The municipal council of Haskovo, in southern Bulgaria, said that it has issued a preliminary approval for the construction of a 400 MW solar park to Enery BG 1, a local unit of Austria-based Enery Development