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Lithuania sets up grid-linked energy storage pilot with Siemens in 'post-Soviet' move
Project near capital Vilnius to underpin potential for rapid expansion of renewable energies and increase independence from Russian power imports
read more... 07/04/2021
Israel to link Leviathan gas field to Egypt LNG plants
The Israeli and Egyptian energy ministers have agreed to build a pipeline to connect Israel’s offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.
read more... 22/02/2021
Lithuania, Poland cross-border section of new gas link laid
The gas grids of Lithuania and Poland have now been directly linked after the cross-border section of the under-construction interconnector between the two countries was laid, Lithuanian transmission system operator Amber Grid said Feb. 2.
read more... 04/02/2021
Daily (25.01.2021): Brent crude fell by 1.2% on Friday, weighed by renewed coronavirus infections in China
Oil prices ended lower on Friday, weighed by renewed infections of Covid-19 in China, with several cases linked to the English variant. Moreover, an increase in U.S. crude stocks also put pressure on prices. Consequently, Brent oil dropped by 1.2% to $55.41 a barrel and WTI crude closed 1.6% lower at $52.27 a barrel.
read more... 25/01/2021
Western Companies Abandon Russia-Led Nord Stream 2 Project
The U.S. imposed on Tuesday sanctions on the Russian pipe-laying vessel that was expected to complete the construction of the gas pipeline Nord Stream 2, while several Western companies are said to have abandoned links to the project for fear of sanctions.
read more... 21/01/2021