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27.09.2018 15:25

Merkel: Subsidies for electric cars can't last forever

Subsidies to help persuade Germans to buy electric vehicles have helped boost demand but cannot go on forever, Chancellor Angela Merkel said on Thursday, Reuters reports. Germany wants to increase electric car sales, especially in the wake of
26.09.2018 10:20

Total announces major offshore UK gas discovery

The company stated that preliminary tests confirmed good reservoir quality, permeability and well production deliverability in the Glendronach gas prospect in the west of Shetland region where Total has invested billions of dollars in energy infrastructure,
21.09.2018 15:48

Transgaz offers to increase gas exports to end EU antitrust investigation

Romania’s gas pipeline operator Transgaz has offered to boost natural gas exports to Hungary and Bulgaria, EU antitrust regulators said on Friday, as the state-owned company seeks to stave off a fine, Reuters reports. The European Commission
19.09.2018 11:34

New EEA Report: Mercury pollution remains a problem in Europe

According to a new report published today, historical and current emissions of mercury continue to present a significant risk to the environment and human health. According to the report by the European Environment Agency, the main source of new
04.09.2018 12:55

Biogas accounts for almost 19% of the gas used in Denmark in July

Biogas production is taking off in Denmark. In July this year, biogas accounted for 18.6% of all gas used in Denmark. This represents a 50% increase from last year, according to DR Nyheder. The figures are from the Danish state company Energinet,
03.09.2018 11:29

ICSID condemns Egypt to pay €1,735 million to Naturgy and ENI for a gas plant

Naturgy and its Italian partner ENI have won the arbitration case against Egypt for the stoppage of the Damietta liquefaction plant. The award of the International Center for Settlement of Investment Disputes (ICSID), a body dependent on the World
31.08.2018 12:58

Saudi oil production in August rose to 10.424 mln bpd

According to an OPEC source, Saudi Arabia’s crude oil production in August rose to 10.424 million barrels per day compared to 10.288 million bpd in July, Reuters reports. Crude supply in August was 10.467 million bpd, the OPEC source said.
31.08.2018 11:20

Lenovo launches several smart home products

Today at IFA, the company announced the upcoming release of a smart light bulb, plug and connected security camera, which are all connected together by the company’s new Link app, according to TechCrunch. Lenovo’s aim is to provide users
31.08.2018 11:02

EU will respond with sanctions if US imposes car tariffs according to Juncker

European Commission President Jean-Claude Juncker said he hoped a July “ceasefire agreement” with U.S. President Donald Trump to refrain from imposing car tariffs would prevail, but the EU would impose its own tariffs if the U.S. changed
31.08.2018 09:53

Total sells its polystyrene business in China to INEOS Styrolution

Total has accepted an offer from INEOS Styrolution, the leading global styrenics supplier, to acquire its polystyrene business in China, the company announced in a press release. The deal includes in particular two facilities with a production capacity
30.08.2018 13:30

South Sudan will resume oil production in war affected region

The civil war-torn South Sudan says it will resume oil production in a key region next month to make up for more than $4 billion of revenue lost during years of fighting, the Associated Press reports. South Sudan, with Africa’s third-largest
30.08.2018 12:50

South Korean companies invited to build a new gas-powered plant in Angola

Angola’s government has selected a consortium comprised of four of South Korea’s largest energy sector companies to build a new 750 MW gas combined cycle power plant in Benguela province, Lusa agency reports. The Consortium, which
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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