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Energy

    03.04.2024
    Moldova to buy origin LNG from Greece for consumers

    Moldova’s domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin liquefied natural gas (LNG) for the first time on Monday and Tuesday. Moldova relied [...]

    03.04.2024
    Road oil demand to peak by 2032 as EVs become more popular, Goldman forecasts

    Global road oil demand will rise 5% to a peak of 50 million barrels per day by 2032, Goldman Sachs forecasts, with oil use per vehicle likely to fall sharply [...]

    21.03.2024
    Petronas starts construction of floating LNG facility for Argentina

    Malaysia’s state energy firm Petronas PETR.KL has begun the construction of a floating liquefied natural gas (FLNG) processing unit to be placed off the coast of Argentina, which aims to [...]

    21.03.2024
    Global energy demand will outpace population growth through 2050, Kuwait oil CEO says

    Global energy demand will increase faster than the rate of population growth through 2050, contradicting projections that demand will peak this decade, according to the CEO of Kuwait Petroleum Corporation. [...]

    06.03.2024
    Asia Naphtha/Gasoline-Refining margins fall on Chinese demand worries

    Asia’s gasoline markets fell below $11 per barrels on Wednesday, as bearish economic data from China raised fuel demand concerns in world’s key oil consumer. The crack fell to $10.91 [...]

    16.02.2024
    Shell LNG Outlook 2024: Global LNG demand to rise more than 50% by 2040

    Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and South Asian and South-east [...]

    27.01.2024
    Commissioner Olivér Várhelyi’s press statement during the joint press conference following the EU-Egypt Association Council

    Brussels, 23 January 2024 Thank you very much. I also would like to welcome Minister Shoukry here in Brussels. As you have already heard the two speakers, we are entering [...]

    13.11.2023
    USAID signs partnership with Government of Greece to improve energy security in western Balkans

    Athens, November 13, 2023 - Today, the United States Agency for International Development (USAID) and the Government of Greece signed a Memorandum of Understanding (MOU) to improve energy security and [...]

    07.11.2023
    DNV concludes Phase 1 of joint industry project to optimize design of floating substations

    DNV has successfully concluded Phase 1 of its joint industry project (JIP) aimed at establishing offshore substation standards for the growing floating wind sector. The collaborative industry effort has brought [...]

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