Oil & Gas Feed

The European Commission announced that it has secured an ambitious mandate to lead negotiations on critical global environmental issues at three upcoming international conferences: COP29 on climate, COP16 on biodiversity, and COP16 on desertification. 

Poland's Ministry of Climate and Environment submitted amendments to a draft legislation, aiming to accelerate and simplify the implementation of offshore wind farm projects.

By 2027, Azerbaijan plans to implement projects for the construction of eight solar and wind power plants, with a total cost of $2.8 billion, funded by foreign and local investments, Energy Minister Parviz Shahbazov stated in an article published in the official press. “The plans to build and connect to the grid eight large-scale solar […]

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€6.9 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. The partner bank will on-lend the proceeds to small and medium-sized enterprises (SMEs). The loan aims to boost the competitiveness and green transition of […]

Energy service provider ČEZ ESCO has launched a new emission-free energy source for CTP, one of the largest developers, owners and managers of logistics and industrial properties.

Petrol Group successfully installed and commissioned the 85th solar power plant as part of its strategic Petrol Green project.

Lithuania's Government has approved the updated final version of the National Energy and Climate Plan (NECP) for 2021-2030.

Hungary has imported 275 million cubic metres of gas from Turkey this year and the two countries have now agreed to continue the partnership, announced the Minister of Foreign Affairs and Trade.

Bulgaria’s nuclear expansion took steps forward this week as the company Kozloduy NPP - New Capacities extended its engineering contract with Westinghouse to continue work on the construction of two new nuclear reactors at the Kozloduy Nuclear Power Plant site. 

GL Group, the first privately owned group of energy companies in Azerbaijan, is making its first international strategic move, with its entry into the upstream natural gas business in Türkiye. This makes GL Group an international energy player, aligning with its strategy to become a regional mid-sized energy company. GL Group has acquired a 25% […]

Last Mile Solutions, the European pioneer in electric vehicle (EV) charging and energy transaction management platforms, is expanding operations to Czechia, Slovakia and Hungary.

Czech Prime Minister Petr Fiala appointed Minister of Industry and Trade Lukáš Vlček.

Rezolv Energy said it has secured up to 90 million euros in debt financing from the International Finance Corporation (IFC) and Raiffeisen Bank International to fund the construction of the 225 MW St George solar park in north-eastern Bulgaria.

Poland has secured a record-breaking 10 billion Polish zloty (roughly 2.3 billion euros) tranche from the EU’s Modernisation Fund to boost its green energy transformation, the largest sum ever granted from the fund, according to officials. 

Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, according to the IEA's new World Energy Outlook 2024.

Slovakia’s Deputy Prime Minister and Minister of Economy, Denisa Saková, has highlighted the critical need for closer cooperation between state and local governments to address the country’s climate, development and energy challenges. 

Romania’s state-owned gas producer Romgaz has successfully launched its inaugural bond issuance, raising €500 million through the Euro Medium Term Notes (EMTN) program, the energy ministry in Bucharest said.

Vilniaus Šilumos Tinklai has installed the most powerful absorption heat pump in the Baltic region, designed to capture heat that would otherwise be lost to the environment.

Erëza Vela, a sustainability-focused communications and policy expert, shares with us the outcomes of the Energy Community’s 2nd Just Transition Forum, which put the spotlight on miners and the power of young people.

Slovakia has secured a $5 million grant to advance its nuclear programs, particularly focusing on the construction of small modular reactors (SMRs), officials said.