ENERGY

The new interconnection will enable Crete’s renewable energy transition by providing a one gigawatt (GW) link between the island Crete and Greece’s mainland...

The price of futures contract for Brent crude oil with July delivery on London’s ICE rose by 4.9% and reached $34.09 per barrel. The last time the price of...

The company that facilitates payments on the U.K. electricity market, tracking the trade between those who produce electricity and those who supply it and resolving...

OPEC+ nations have signed an agreement on daily oil production cuts by 9.7 million barrels for a term of two months, Kazakhstan’s energy ministry said on...

Russia and Saudi Arabia are “very, very close” to a deal on oil production cuts, according to the chief executive of Russia’s sovereign wealth fund RDIF....

547 Energy, the renewable energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings in partnership...

Höegh LNG Holdings Ltd. (“Höegh LNG” or “the company”) advices that its subsidiary, Höegh LNG Ltd., has applied for an LNG infrastructure ownership,...

Rolls-Royce and Turkey’s EUAS International ICC have signed a Memorandum of Understanding to carry out a study to evaluate both the technical, economical...

As the world energy market is in panic, Russia started employing its warships to secure the ongoing completion works of the Nord Stream 2 project. Russian warships...

Oil prices plunged more than 26%, after OPEC failed to strike a deal with its allies regarding production cuts. As a result, Saudi Arabia slashed its prices...

The Saudi cabinet hailed on Tuesday the announcement that the Jafurah non-associated, unconventional gas field will be developed with a $110 billion investment. Custodian...

Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei...