fossil gas

Romanian energy suppliers compensation price caps is liquidity

Romanian energy suppliers warn compensation for price caps is drying up their liquidity

02 June 2022 - The Romanian association of energy suppliers says some of its members may cease operations amid a lack of compensation for energy price caps

Wind, solar save Turkey USD 7 billion in last 12 months

Wind, solar save Turkey amazing USD 7 billion in last 12 months

27 May 2022 - Wind and solar power plants saved Turkey USD 7 billion over the last 12 months as it would have had to compensate for the shortfall with gas imports

Romania EUR 1 4 billion European funds grid solar gas

Romania to use EUR 1.4 billion of EU funds to strengthen its energy sector

27 May 2022 - The EU allowed Romania to use its share of the Modernisation Fund for the makeover of coal plant owner CE Oltenia and the electricity grid

Greece preparing rolling power outages Russia cuts off gas

Greece preparing for rolling power outages if Russia cuts off gas

24 May 2022 - If Russia stops delivering gas, Greece intends to impose rotating blackouts for energy-intensive industries

German year ahead power price holds near record Gazprom

German year-ahead power price holds near record amid disputes with Gazprom

13 May 2022 - German year-ahead electricity price held near yesterday's all-time high amid threats that Gazprom's gas deliveries to Europe would be cut

Serbia protect vulnerable households jump energy prices

Serbia to protect vulnerable households from jump in energy prices

10 May 2022 - Serbia will adopt a decree to help 200.000 households to pay electricity bills and 50.000 will be able to get aid for heat costs, Minister Zorana Mihajlović said

European carbon prices tumble failing new highs gas drops

European carbon prices tumble, failing to scale new highs as gas drops

09 May 2022 - Recession fears spilled over to the EU's carbon market: the price dropped 5% per ton after challenging recent record highs

Bulgaria reviewing gas transit contracts Gazprom delivery suspension

Bulgaria reviewing gas transit contracts with Gazprom after delivery suspension

27 April 2022 - Bulgarian Prime Minister Kiril Petkov said Gazprom's move is blackmail and that the government is reviewing all agreements, including the ones on transit

Balkan countries offshore platforms LNG replace Russian gas

Balkan countries count on offshore platforms, LNG to replace Russian gas

20 April 2022 - Southeastern European countries are cutting red tape for offshore gas, offering incentives and looking at LNG as an alternative to Russian gas

Government announced exploration and extraction of fossil gas and oil, environmentalists oppose

Environmentalists oppose Greece’s plan to accelerate fossil gas exploration, extraction

14 April 2022 - Greece is speeding up exploration activities with the aim to exploit potential oil and gas reserves and build infrastructure

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