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Increase in Prices of Fuel at Gas Stations in Bosnia and Herzegovina

Fuel prices at gas stations in Bosnia and Herzegovina have been rising again in the last few days, so that they are more than six to ten pfennigs per liter, and according to experts, it can be expected to maintain the growth trend in the coming period, Radio Sarajevo reports

Croatian Oil Firm INA Aims for $282 Million Biorefinery Investment

Croatia’s oil and gas firm INA said on Tuesday it aims to invest 250 million euros ($282.4 million) to build a biorefinery in the central town of Sisak to help reduce its carbon footprint

Iran Launches New Pipeline to Reroute Oil Exports

Iran launched three oil and petrochemical projects on Thursday, including the new 1000-kilometer-long Goreh-Jaskoil pipeline in the south of Iran, which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz

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.