Saturday, April 27, 2024

Central Europe News

Spain's Energy Firms Look to Central Europe Markets for Green Hydrogen Deals

© Corona Borealis / Adobe Stock

Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took…

Vestas Gets 34-MW Turbine Order from Norway

The sustainable energy solutions provider Vestas Wind Systems A/S has received a 34 MW order for the Haramsfjellet wind project on the island of Haramsøya in western Norway.The…

Vermilion to Drill Exploration Wells in Central Europe

Canada's Vermilion Energy will drill its first two exploration wells in Croatia in June, a senior official from the company said on Monday. Vermilion won four licences in 2015 for…

MENA Region to Lead Global Oil and Gas for Decades to Come: DNV GL

The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century according to DNV GL’s 2018 Energy Transition Outlook…

Novatek, Fluxys to Build German LNG Terminal

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating…

JIP on Single Phase Flow Meters Enters Phase II

Photo: DNV GL

DNV GL is now starting phase II of a Joint Industry Project (JIP) on single phase flow meters in phase-contaminated oil flow. Phase II of this JIP will focus on the influence of the oil fluid properties.

Croatia Extends LNG Terminal Gas Bidding Deadline

A deadline for bids on output from a planned offshore liquefied natural gas (LNG) terminal to be built on Croatia's northern Adriatic island of Krk has been extended until Sept.

Croatia Reopens Bidding for LNG Terminal Capacity

LNG Hrvatska launched a second round of bidding for potential operators of an offshore liquefied natural gas (LNG) terminal in Croatia's northern Adriatic on Friday, after the previous…

Croatia Acts to Cut Red Tape for FSRU Terminal Project

© Wojciech Wrzesien / Adobe Stock

The Croatian government proposed a special law on Thursday to facilitate the construction of an EU-backed liquefied natural gas (LNG) terminal in the northern Adriatic.The floating…

MET International Plans to Boost LNG Trades

Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday.

Wintershall Says Ready to Continue Supporting Nord Stream 2

Wintershall , one of the former western partners of Russia's Gazprom in the ongoing Nord Stream 2 pipeline project, on Wednesday said it was still looking for ways to support the…

Vitol Bets on Retail Model as it Hopes to Grow

Vitol invests in gas stations from Turkey to Pakistan; increases presence in growing consumer markets. From Pakistan to Turkey, the world's largest independent oil trader Vitol…

Bulgaria Gas Group says Gets EU Funds for Gas Hub Study

Bulgaria's gas network operator Bulgartransgaz said it will get financing from the European Union for a feasibility study on a natural gas hub at the Black Sea port of Varna to…

Gazprom Files Proposals to EU Aimed at Ending Antitrust Case

Russia's Gazprom said on Tuesday it had filed proposals with the European Commission aimed at resolving a five-year EU case over the Russian gas giant's alleged monopoly practices.

Czech Energy Group EPH Profit Drops Despite Higher Sales

Acquisitive Czech power group EPH, one of central Europe's biggest energy firms, saw its profit slip in the first half of the year despite increasing sales. EPH has been snapping up coal…

Bulgaria, Romania Launch Gas Pipeline

Bulgaria and Romania started a new natural gas pipeline on Friday as part of Sofia's efforts to reduce dependence on Russian gas. The 25-km pipeline, which runs under the Danube River and can operate in either direction…

Czech Energy Group EPH to Float Stake in Infrastructure Unit

Czech energy company EPH is planning to sell a minority stake in its newly-created EP Infrastructure (EPIF) business on the stock market by the end of June, the company said on Tuesday.

OMV Will Keep Refineries Out of Asset Swap

Austrian energy company OMV will exclude its refineries from an asset swap being negotiated with Russia's Gazprom, its chief executive told staff at its main refinery on Wednesday, a person familiar with the matter said.

Israel Buys €160 mln Wind Farm Project in Europe

An Israeli group has agreed to buy the rights to a 105 megawatt wind turbine project in advanced development in central Europe that would cost 160 million euros ($180 million) to build, the companies said on Sunday.

Bulgaria, Shell Ink Deepwater Oil & Gas Deal

Bulgaria sealed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total dependence on Russian natural gas.