gas

Romania extend energy price cap March 2023 bank loan moratorium

Romania to extend energy price cap until March 2023, proposes bank loan moratorium

02 March 2022 - The government in Bucharest earmarked EUR 2.9 billion for mitigating the impact of electricity and gas price surge on citizens, institutions and firms

Energy firms sue four EU countries disrupting fossil fuel

Energy firms sue four EU countries for disrupting their fossil fuel projects

23 February 2022 - Five energy companies including RWE seek almost EUR 3.7 billion in damages from the Netherlands, Italy, Poland and Slovenia

OCI Norway is pursuing an aggressive policy of expanding its oil and gas industries

OCI: Norway is pursuing an aggressive policy of expanding its oil and gas industries

11 February 2022 - According to Oil Change International (OCI), Norway is pursuing an oil and gas expansion policy and it has awarded 700 exploration permits in the past ten years, while the UK announced it would start exploitation at six fields in the North Sea this year

No oil gas first offshore test hole Montenegro drilling ahead

No oil, gas in first offshore test hole in Montenegro but more drilling ahead

04 February 2022 - Eni and Novatek found no oil or gas after test drilling in the Adriatic Sea offshore Montenegro, so environmentalists are relieved – for now

European carbon emission prices hit record highs nearing EUR 100 ton

European carbon emission prices hit record highs, nearing EUR 100 per ton

03 February 2022 - The cost of a ton of CO2 within the EU ETS reached an all-time high of just below EUR 95 as the market is bracing for a rally to EUR 100.

Europe approves gas and nuclear, some members oppose the plan

EU endorses gas, nuclear energy amid opposition among member states

06 January 2022 - The European Commission has decided to include nuclear energy and gas in its sustainable finance taxonomy

Power prices stunning EUR 400 MWh Europe

Power prices reach stunning EUR 400 per MWh in Europe

20 December 2021 - Power prices reached critical levels across Europe amid a surge in costs for natural gas and an outage in France

New York is banning the use of natural gas in new buildings

18 December 2021 - After several other cities in the United States, the City Council of New York passed...

Bitola in North Macedonia to get district heating from power plant

Bitola in North Macedonia to get district heating from coal power plant

08 December 2021 - The construction of a district heating pipeline from REK Bitola has begun, almost forty years after the thermal power plant was built

GEK Terna raise EUR 300 million via green bonds obligation cut emissions

GEK Terna to raise EUR 300 million via green bonds with obligation to cut emissions

06 December 2021 - Greek construction and energy giant GEK Terna is preparing to sell common sustainability-linked bonds with a target of EUR 300 million

European Commission EU PCI

European Commission’s new PCI list: what’s happening in Balkans?

24 November 2021 - The European Commission has announced the fifth PCI list. Here is an overview of projects in the Balkans region.

Greece ban sale gasoline diesel cars in 2030

Greece to ban sale of new gasoline, diesel cars in 2030

09 November 2021 - Greece's draft Climate Law envisages a ban on the sale of new cars with internal combustion in 2030, five years earlier than the EU's target

COP26: Western Balkan leaders ask for funds, rules on how energy transition game is played, scrapping endless papers and strategies

04 November 2021 - Leaders of Western Balkan states urged rich countries at the COP26 to show solidarity in the energy transition to cleaner sources

Romania caps energy prices windfall tax for electricity producers

Romania caps energy prices, rolls out windfall tax for electricity producers

30 October 2021 - Romania limited electricity and gas prices for households and small businesses and rolled out support for several other categories

EU EUSEW sustainable energy energy crisis

EU kicks off EUSEW: sustainable energy is key to overcome energy crisis

25 October 2021 - Renewables insure the EU against rising energy prices and cut its dependency on fossil fuel imports, Von der Leyen said at the opening of EUSEW

Fossil fuel production grow until 2040

Reality of energy transition: fossil fuel production to grow at least until 2040

20 October 2021 - Despite the Paris Agreement goals and net zero commitments, fossil fuel producers are on track to significantly boost output through 2040

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