Energy

The European Commission has said the acquisition of joint control over CleverShuttle Düsseldorf by Stadtwerke Düsseldorf  (SWD) and GHT Mobility (GHT), all of Germany,...

Uzbekistan’s Energy Ministry announced on 5 March the signing of three new strategic agreements, worth over $2 billion, with the Saudi Arabian utility developer...

Italian energy major ENI said on 2 March that it has successfully completed the construction of the gas pipeline connecting Bir Rebaa Nord (BRN)...

On February 29 the Delphi Forum announced a postponement until late spring due to the coronavirus (Covid-19) outbreak that had just hit several major...

The acquisition of sole control over Saudi Basic Industries Corporation (SABIC) by energy giant Saudi Aramco complies with EU Merger Regulation, the European Commission...

Russia’s oil exports to China were almost unaffected last month amid the coronavirus outbreak as the East Asian country has been benefiting from lower...

Iran has nearly tripled its stockpile of enriched uranium since November in violation of its 2015 deal with world powers, the UN’s International Atomic...

UK energy major Centrica and leading auto manufacturer Volkswagen Group are set to accelerate EV adoption across the UK, after agreeing a three-year partnership...

The European Investment Bank (EIB) has signed a €18 million loan agreement with the Latvian National Promotional Institution Altum to finance energy efficiency projects...

Greece’s Energean Oil and Gas announce on 27 February that it has signed an agreement for the acquisition of Total’s stake in Block 2, offshore...

Nord Stream 2 AG, which is constructing a controversial gas pipeline from Russia to Germany, is looking for solutions to complete the pipelaying of...

Italian energy major ENI said on 27 February the company has successfully drilled Agogo-3, the second appraisal well of Agogo discovery in Block 15/06,...

In a clear sign of climate change, a nine-day heat wave has melted nearly a quarter of an Antarctic island's snow cover earlier in...

SolarPower Europe signed a Memorandum of Understanding with the Tunisian Solar Installers’ Association (CSPV) on 25 February in Tunis to seek investment opportunities in...

Despite the multiple crises Greece is currently facing – a continuing refugee deluge and massive public reaction on some islands, the spreading coronavirus threat,...

Slovakia’s President Zuzana Čaputová accepted credentials from the first Ambassador of Kazakhstan to Bratislava Roman Vassilenko, the Kazakh Foreign Ministry said. Čaputová, noting the positive...

NUR-SULTAN, Kazakhstan - Kazakhstan intends to generate about three billion kilowatt-hours (kWh) of energy from renewable sources of energy in 2020, the Minister of...

Investor fears that the spread of the coronavirus in countries outside China, including Iran, Italy and South Korea, may slow world demand led to...

The European Union will invest €101.2 million for the latest projects under the LIFE programme for the Environment and Climate Action, the European Commission...

Ukraine’s joint stock oil and gas company Naftogaz said on 17 February the group seeks nearly $8 billion of compensation for its assets expropriated...

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published...

Leading associations of the energy transition – smartEn, SolarPower Europe, the Renewables Grid Initiative (RGI), and WindEurope issued a declaration in Brussels on 18...

NUR-SULTAN, Kazakhstan - The level of oil and gas condensate production in 2019 was stable and amounted to 23.6 million tonnes of oil and...

STRASBOURG – Following a debate on EU’s key Multiannual Financial Framework (MFF) for 2021-2027 in Strasbourg on 12 February and ahead of a special...

BRUSSELS – Europe is not building enough new wind farms to deliver the EU’s Green Deal goal, WindEurope CEO Giles Dickson told New Europe...

NUR-SULTAN - Kazakhstan - In the framework of the signed agreements between Russia’s Transneft and Kazakhstan’s KazTransOil, speaking on behalf of 38 Kazakhstan oil...

Italian oil major ENI announced on 17 February a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep...

NUR-SULTAN, Kazakhstan - The draft concept of the state geological exploration programme for 2021-2025 was presented at a government meeting on 18 February. “For the...

Jeff Bezos, founder and CEO of Amazon, announced he was committing $10 billion to a new fund, aimed at fighting climate change. He added...

The European Commission has met its responsibilities on legislation and oversight of nuclear safety across Europe, but more steps are required to improve the...

Russian gas monopoly Gazprom and the government of Belarus have signed a protocol outlining the pricing procedure for natural gas supplies to Belarus in...

BP said on 12 February the company set a new ambition to become a net zero company by 2050 or sooner, and to help...

Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, data released by the International Energy Agency (IEA) on...

STRASBOURG - Members of the European Parliament rejected on 12 February calls to veto the fourth list on projects of common interest (PCI), on...

STRASBOURG - Members of the European Parliament rejected on 12 February calls to veto the fourth list on projects of common interest (PCI), on...

The Organization of Petroleum Exporting Countries (OPEC) has cut its forecast for global growth in oil demand this year due to the coronavirus outbreak. In...

Russian gas monopoly Gazprom closely follows the ongoing developments and takes the necessary measures to mitigate a number of adverse factors affecting the suppliers...

The Finnish government has granted a uranium recovery and refinery permit to Terrafame, making the country the EU’s only uranium producer. The company’s main activities...

The European Commission said on 12 February the acquisition of joint control over OLT Offshore LNG Toscana (OLT) of Italy by SNAM of Italy...

The acquisition of Eneco Group of the Netherlands by Mitsubishi Corporation (MC) of Japan complies with EU merger regulation, the European Commission said on...

NUR-SULTAN, Kazakhstan - Kazakhstan is considering a proposal by the technical committee of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC oil producers...

ENI New Energy, a subsidiary of Italian energy major ENI, said on 10 February the company has opened its new photovoltaic park in Porto...

NUR-SULTAN, Kazakhstan - Universal Energy’s foreign investors have begun construction of a second solar power plant in southern Kazakhstan, in the Ili district of...

EU Energy Commissioner Kadri Simson visited Denmark on 6 and 7 February as part of the Commission’s drive to promote the European Green Deal...

The European Investment Bank (EIB) is providing €60 million in financing to Spanish energy company CEPSA to develop and implement more sustainable and efficient...

Europe installed 3.6 GW of new offshore wind capacity in 2019, statistics released on 6 February by WindEurope showed. This is a new record...

QUARZAZARTE, Morocco – At the foot of the snow-covered Atlas Mountains, the sun beats down on the vast plateau of the Moroccan high desert...

The European Bank for Reconstruction and Development (EBRD) said on 5 February the bank is financing major investments to improve public transport in Sarajevo,...

Russian gas monopoly Gazprom and Bangladesh’s Petrobangla have signed a five-year Memorandum of Understanding for strategic cooperation. Gazprom Deputy Chairman Vitaly Markelov, who headed a...

NUR-SULTAN, Kazakhstan – Kazakhstan’s Energy Minister Nurlan Nogayev said the country plans to resume oil exports to China through KazTransOil pipelines in the near...