TotaEnergies buys five solar projects in Romania PNE

Oil major TotalEnergies buys five solar projects in Romania

05 July 2023 - PNE will remain responsible for further project development until a ready-to-build stage is achieved, the firm said


Serbhungas to trade gas in Serbia and region, with 51% stake in Hungary’s hands

29 June 2023 - Hungary's MVM has a 51% stake in Serbhungas, while the remaining 49% is in the hands of Serbia's state gas company


Both science and faith: Church of England selling stakes in oil, gas companies over lack of climate action

27 June 2023 - The church intends to divest its holdings in the remaining 11 oil and gas companies in its investment portfolio by the end of 2023

HELLENiQ Energy build solar park batteries Thessaloniki refinery

HELLENiQ Energy to build solar park with batteries for its Thessaloniki refinery

19 June 2023 - Within its decarbonization efforts, HELLENiQ Energy is planning a solar power project with batteries to supply a refinery with green energy

Oil companies Southeastern Europe accelerate renewable energy investments

Oil companies in Southeastern Europe accelerate renewable energy investments

30 May 2023 - INA, OMV Petrom, Motor Oil and MOL revealed a series of investments that indicate a shift in the sector toward renewables in the region


Greece and Bulgaria agree to boost energy ties

17 February 2023 - The two countries have signed memoranda of understanding on natural gas storage and the construction of a new oil pipeline

Romania rolls out windfall profit tax for fossil fuel sector

Romania rolls out windfall profit tax for fossil fuel sector

29 December 2022 - Romania introduced a 60% tax on excess profits for companies that are operating in the areas of oil, gas and coal

azerbaijan serbia natural gas electricity cooperation aliyev vucic

Serbia to import gas, electricity from Azerbaijan, get oil via Croatia

22 December 2022 - A Serbian delegation led by President Aleksandar Vučić and including ministers of energy and finance has visited Azerbaijan

How much does Qatar World Cup cost in crude oil

How much does Qatar World Cup cost in crude oil

01 December 2022 - Qatar spent USD 220 billion for the World Cup. To cover the tournament's cost, the country will have to sell three billion barrels of oil.

wind solar investments oil gas high prices Rystad

Rystad Energy: Investments in renewables in Europe set to surpass oil, gas in 2022

17 October 2022 - The surge in spot electricity prices in Europe decreased the payback period of wind and solar power projects, according to Rystad Energy

Hellenic Petroleum HELLENiQ Energy sustainability

Hellenic Petroleum becomes HELLENiQ Energy to move into sustainability era

21 September 2022 - Hellenic Petroleum changed its name to HELLENiQ Energy, saying it wants to leave behind a legacy structure and clear the way for renewables


EU to cap revenue for electricity producers at EUR 180 per MWh

14 September 2022 - Ursula von der Leyen presented measures to bring down power prices including and decouple the dominant influence of gas in the sector

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