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Turkey's natural gas find in Black Sea now comes to 710 bcm

The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday.

read more... 27/12/2022

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Japan's Inpex signs 20-year LNG deal with Venture Global

 Inpex Corp, Japan's biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based Venture Global LNG.

read more... 27/12/2022

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Over one million European homes have batteries for their solar installations

More than one million European homes will welcome the New Year with batteries for their solar power plants. It is an increase of over 50% since the end of 2021, significantly higher than what was forecasted.

read more... 27/12/2022

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Daily (26.12.2022): Oil prices rose on Friday amid concerns of decreasing Russian supply

Oil prices were bullish on Friday amid signals of decreasing Russian supply which outweighed concerns for rate hikes in the US and China’s Covid19 uncertainty. Consequently, Brent crude increased by 3.6% to $83.92 a barrel and WTI oil ended 2.6% higher at $79.56 a barrel.

read more... 26/12/2022

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Greece to double subsidy on energy bills to 840 mln euros in January

Greece will increase subsidies on energy bills to 840 million euros ($892.08 million) in January to continue supporting households and businesses against soaring energy prices, Energy Minister Kostas Skrekas said on Friday.

read more... 26/12/2022

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