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Wells Fargo Signs Multi-Year Contracts With Shell for Clean Energy

U.S. lender Wells Fargo said on Wednesday it had signed multi-year purchase agreements for renewable energy with Royal Dutch Shell’s units, as it progresses toward its clean energy goals

Bankers Petroleum Resumes Oil Production in Albania -Report

The largest oil producer in Albania, Chinese-owned Bankers Petroleum, has resumed operations following a suspension of almost a month due to the coronavirus pandemic, local media reported on Wednesday

US LNG Exports Fall by More Than Half in 2020 So Far

The US' liquefied natural gas (LNG) exports have declined by more than half so far this year, the country's Energy Information Administration (EIA) said in a statement on Tuesday

Turkey's LPG Imports Down 28.2 % in April 2020

Turkey's liquefied petroleum gas (LPG) imports decreased by 28.2% to 181,854 tonnes in April 2020 compared to the same month of 2019, according to the latest data from the country's energy watchdog

BP Invests $5M on Software to Detect Methane Leaks

British energy giant BP's technology arm, BP Ventures, has made a $5 million investment in a cloud-based geospatial analytics software company to monitor environmental changes, including methane emissions, using advanced spectral imagery and machine learning, BP announced in a statement Tuesday

SO2 Emissions in Western Balkans Coal Plants Six Times Above Limit in 2019

There was no improvement last year on air pollution from lignite-fired industrial facilities reported to the European Environment Agency by Bosnia and Herzegovina, Kosovo*, Montenegro, Serbia and North Macedonia, Bankwatch said. A comparison with the National Emissions Reduction Plans reveals coal plant sulphur dioxide emissions were increased and that they were six time higher than the ceiling

“Health and Safety Awards 2020: Six Important Distinctions for DESFA”

DESFA was awarded, once again, at "Health and Safety Awards 2020" for its leading practices, actions and policy in the areas of Health and Safety at work. The Operator received six distinctions from the eight nominated candidatures. In particular, DESFA was awarded as WINNER

Udeclared Fuel Cost a Quarter of a Billion Euros to the Bulgarian Budget

The budget for 2019 has been defrauded of more than half a billion Leva (over a quarter of a billion euro) by the undeclared sale of fuels

Oil Steady as a Rise in Virus Cases Counters Tighter Supplies

Karish Pipe Laying and Subsea Systems Installation Completed & Development c. 80% Physically Completed

Energean plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion of a key milestone in the Karish and Tanin Development project, offshore Israel. Energean’s partner, TechnipFMC, has successfully completed on time the laying of the Gas Sales Pipeline and the main deep water installations of the subsea production systems.

SEE’s Energy Markets to be Discussed at IENE’s Webinar on 24/6

A wide ranging discussion on latest developments in SEE’s Energy Markets will take place during IENE’s tenth Webinar scheduled for Wednesday, June 24. This IENE Webinar is part of a series which the Institute is organizing lately in order to examine the impact of the pandemic on energy markets including oil, natural gas, electricity and renewables

Car Production in Romania Recovers After Lockdown

Car production at the Dacia and Ford factories in Romania decreased by 38.7% in May compared to the same month of 2019. However, this marked an improvement compared to April when the two factories were closed amid the COVID-19 lockdown

Europe Gas Demand Down 8% in First 5 Months of 2020

Natural gas demand in Europe has declined year-on-year by about 8% or 19 billion cubic meters (bcm) in the first five months of 2020 due to the successive impact of mild temperatures, high renewables in power generation and the consequences of COVID-19, according to Oxford Institute for Energy Studies’ (OIES) latest report