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Romania grants 442 mln euro for power network upgrade
Romania's energy ministry said it has provided over 2.2 billion lei ($484.3 million/442 million euro) in non-refundable Modernisation Fund financing to five local power distributors to finance the expansion and modernisation of the electricity distribution network.
read more... 06/08/2024
Daily (05.08.2024) Oil prices fell by over 3% on Friday as worries about the US economy intensified
Oil prices slumped on Friday, losing about 4% amid concerns about the US economy. Consequently, Brent crude closed at $76.81 a barrel, while WTI what settled at $73.52 a barrel.
read more... 05/08/2024
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Hungary says Croatia is unreliable for oil transit
Slovakia and Hungary on Friday (2 August) rebuffed a European Commission suggestion that they could replace lost Russian oil supplies via an alternative route through Croatia, the latter saying that the country is unreliable for oil transit.
read more... 05/08/2024
UK to ease solar and onshore wind planning rules
The UK Government is planning to change the rules to make it easier to build solar farms and wind turbines.
read more... 05/08/2024
Sweden, USA agree to nuclear cooperation
Share Sweden and the USA have signed a memorandum of understanding aimed at pursuing cooperation in industrial collaboration, technology development, and research and innovation in technologies related to nuclear energy for peaceful purposes.
read more... 05/08/2024