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OIL AND OIL DERIVATES

Electrification Can Cut Emissions in Europe by 60% by 2050

Date: 06.04.2020 Author: Peter Palčec
Electrification Can Cut Emissions in Europe by 60% by 2050Photo: www.pixabay.com

“Electrification of the transport, buildings and industrial sectors in Europe could slash greenhouse gas emissions by 60% between 2020 and 2050, but this will require a massive upsurge in clean

IEA: Energy Transition Will Not Succeed Without Implementation of CCUS Technology

Date: 06.04.2020 Author: Peter Palčec
IEA: Energy Transition Will Not Succeed Without Implementation of CCUS TechnologyPhoto: Pixabay

“Carbon capture, utilisation and storage (CCUS) is an important emission reduction technology that is being applied both in the industrial and energy generation sectors. One of the positive things

Coal Prices Have Been More Resilient Than Oil and Gas Prices

Date: 03.04.2020 Author: Peter Palčec
Coal Prices Have Been More Resilient Than Oil and Gas PricesPhoto: Energetika.NET archive

“Despite the fact that there has been a massive decline in oil and gas prices due to the coronavirus pandemic, coal prices have been more resilient over the past two weeks. Even though coal supply

Electricity, Gas and Fuel Prices Capped in Romania Due To Pandemic

Date: 01.04.2020 Author: Peter Palčec
Electricity, Gas and Fuel Prices Capped in Romania Due To PandemicPhoto: © European Communities, 2009

A new military ordinance has been adopted by the Romanian government that caps the tariffs for electricity and heating, natural gas, water supply and fuels. This is the fourth military ordinance

Croatian Government Proposes New INA Board Members

Date: 01.04.2020 Author: Peter Palčec
Croatian Government Proposes New INA Board MembersPhoto: F. Buva

The Croatian government has proposed that Nika Dalić, Barbara Dorić and Darko Markotić are appointed as members of the management board of the Croatian gas and oil company INA for a period of five

Green Shift Here to Stay Despite Low Oil Prices

Date: 31.03.2020 Author: Tanja Srnovršnik
Green Shift Here to Stay Despite Low Oil PricesPhoto: Tanja S. Volarič

The oil market is facing a number of different challenges - a short-term challenge due to the coronavirus and a longer term challenge due to the price war and changes in the energy policy, said Thina

Energy Community Seeks Response to Proposed PECI/PMI Projects

Date: 31.03.2020 Author: Tanja Srnovršnik
Energy Community Seeks Response to Proposed PECI/PMI ProjectsPhoto: Roman Peklaj

The Energy Community Secretariat launched a public consultation on Monday on the eligible candidate projects submitted by promotors for the status of Project of Energy Community Interest (PECI) or

Croatian INA Signs Three Onshore Exploration and Production Sharing Deals

Date: 31.03.2020 Author: Tanja Srnovršnik
Croatian INA Signs Three Onshore Exploration and Production Sharing DealsPhoto: Janaf

As a result of a decision by the Croatian government, the Croatian oil and gas company INA has signed three onshore hydrocarbon exploration and production sharing agreements, said INA on Monday.

Wood Mackenzie: Clean Energy Could Be the Winner in the Oil Price War

Date: 30.03.2020 Author: Peter Palčec
Wood Mackenzie: Clean Energy Could Be the Winner in the Oil Price WarPhoto: Victor Habbick via FreeDigitalPhotos

“The Saudi-Russia oil price war, combined with the destruction of demand by the coronavirus pandemic, has once again thrown the oil and gas sector into turmoil. Cuts to all discretionary spending

Big European Energy Utilities Could Soon Be Up for Grabs

Date: 27.03.2020 Author: Tanja Srnovršnik
Big European Energy Utilities Could Soon Be Up for GrabsPhoto: Ana V. Vršnak

Financing of new oil and gas projects will be extremely hard in the next 2-5 years due to the effect of the coronavirus crisis. Additionally, in the coming months all major utility companies in Europe

Oil Price Could Dip Below 10 USD/Barrel Following “Unheard of” Fall in Demand

Date: 26.03.2020 Author: Tanja Srnovršnik
Oil Price Could Dip Below 10 USD/Barrel Following “Unheard of” Fall in DemandPhoto: Tanja S. Volarič

The price of Brent crude oil could dip below USD 10/bbl amid the COVID-19 outbreak as demand has fallen by an “unheard of” rate and oil production is in excess, said Bjørnar Tonhaugen from the

Enel CEO: Coronavirus and Low Oil Prices Will Not Stop Renewable Transition

Date: 24.03.2020 Author: Tanja Srnovršnik
Enel CEO: Coronavirus and Low Oil Prices Will Not Stop Renewable TransitionPhoto: S. Miles/FreeDigitalPhotos.net

The double blow of the coronavirus and falling oil prices will not derail the green economic transformation on which the Italian energy utility Enel is building its future, Enel’s CEO, Francesco


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