Central Europe Oil & Gas News Monitoring

OPEC+ Ups The Ante Via Another 411,000 Barrels Per Day Oil Output Hike

The logo of the Organization of Petroleum Exporting Countries (OPEC) is seen at its headquarters in ... More Vienna, Austria. (Photo: Joe Klamar)AFP via Getty Images Oil producers’ group OPEC+ decided to up its production levels despite weak crude prices …

Romania Hopes For Future Talks On Gas Supply From Azerbaijan (Exclusive Interview)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 2. Romania hopes for future talks on gas supply from Azerbaijan, Pavel-Casian Nitulescu, State Secretary of Romanian Energy Ministry, said in an exclusive interview with Trend on the occasion of the Baku …

Slovakia opposes EU's plan to end Russian energy imports: PM

BRATISLAVA, June 1 (Xinhua) -- Slovak Prime Minister Robert Fico said on Sunday that his government cannot support the European Union's (EU) proposal to completely halt nuclear fuel imports from Russia. Addressing a press conference, Fico said the plan …

HORIZON PETROLEUM PROVIDES AN OPERATIONS UPDATE OF ITS PREPARATION FOR FIRST PRODUCTION IN POLAND

(MENAFN- PR Newswire) CALGARY, AB, June 1, 2025 /PRNewswire/ - Horizon Petroleum Ltd. (the "Company" or "Horizon") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) is pleased to provide an operations update on progress made towards first …

Ban on energy supplies from Russia to harm EU’s competitiveness — Slovak PM

BRATISLAVA, June 1. /TASS/. A ban on supplies of energy sources from Russia will do a lot of harm to the European Union’s competitive capacities, Slovak Prime Minister Robert Fico said. "The idea of a complete ban on supplies of Russia oil, …

How the West is 'fuelling' Putin's war in Ukraine by spending billions on Russian oil and gas

By CHRIS POLLARD Published: 19:14 EDT, 30 May 2025 | Updated: 19:20 EDT, 30 May 2025 The West is helping fund Russia’s war in Ukraine by spending billions more on importing oil and gas than Kyiv has received in military aid, analysis suggests. Vladimir …

OPEC+ countries agree production adjustment of 411,000 barrels per day in July 2025

Vienna [Austria], May 31 (ANI/ WAM): The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on May …

Top Hungary news: Medieval codex, oil field, Balaton airport, BKK officer assaulted — 31 May, 2025

Black gold: MOL unveils promising oil field in Hungary

A newly discovered oil field in Hungary is offering fresh momentum for domestic oil production and reducing reliance on imports. Newly discovered oil field in Hungary As Index writes, the discovery and current production from the oil field in Hungary near …

Is the EU funding Russia more than Ukraine?

"Europe has sadly spent more money buying Russian oil and gas than they have spent on defending Ukraine," Donald Trump told the US Congress in March. "Trump has not been known for his statistical accuracy, but on this occasion, he may be …

Shares and dollar tumble as tariff tensions flare

By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) - Stocks and the dollar slipped on Monday as U.S.-China trade tensions bubbled and investors turned defensive ahead of U.S. jobs data and a widely expected cut in European interest rates. Shares …

Naftogaz, Orlen to Expand Energy Partnership

Ukraine’s Naftogaz Group and Poland’s ORLEN SA have signed another energy collaboration agreement, after an earlier one that aims to help the war-hit country secure natural gas supply. Under the new memorandum of understanding, “the parties will seek to …

MOL expands influence with acquisition of Budapest University of Technology and Economics – BME operator

Hungarian oil and gas company MOL has made a HUF 50bn purchase offer for state-owned BME Fenntartó, the operator of Budapest University of Technology and Economics (BME), Culture and Innovation Minister Balázs Hankó said at the ceremonial senate session of …

UK manufacturers urge MoD to channel defence spending to SMEs through binding offset deals

Ahead of the release of the government’s revised Defence Industrial Strategy, MakeUK Defence — the trade body representing more than 600 UK defence manufacturers — is calling for foreign contractors to be required to reinvest the vast majority of their …

Slovnaft found alternative sources to supply Czechia

Slovnaft’s Bratislava refinery has secured alternative crude supplies to maintain diesel exports to the Czech market after the expiry of an EU exemption that allowed it to export products derived from Russian oil, MOL Group, the owner of Slovnaft, said to …

Austrian OMV sold 5% in Ghasha concession to LUKOIL for $594 million

AK&M 30 May 2025 19:05 The Austrian oil and gas company OMV AG has sold a stake in a concession for natural gas production on the UAE continental shelf to Lukoil Gulf Upstream L.L.C. S.P.C. This is reported in a press release from OMV. As part of the …

Naftogaz, Poland’s ORLEN agree on strategic cooperation

Naftogaz of Ukraine NJSC and Poland’s ORLEN have signed a Memorandum of Understanding aimed at expanding strategic cooperation in certain areas. The relevant statement was made by Naftogaz Group’s press service, an Ukrinform correspondent reports. The …

Hungary and Slovakia expand Russian fuel use while EU cuts imports

Hungary and Slovakia continue to rely heavily on Russian oil, gas, and nuclear fuel, despite having technical and economic capacity to switch to alternative sources, according to a detailed joint report by the Centre for the Study of Democracy (CSD, …

Austria Launches Major Green Hydrogen Project

Fri 30 May 2025 | 03:39 PM Austria is set to become a key player in Europe’s green energy transition with the announcement of a major hydrogen initiative by OMV, the country’s leading oil and gas group. The company has unveiled plans to construct one of …

Distributed Control System Market Size To Reach USD 33.31 Billion by 2032, to Grow at a CAGR of 5.58% From 2025 to 2032

Distributed Control Systems Market is expected to expand from USD 21.57 billion in 2024 to USD 33.31 billion by 2032, delivering an increasing CAGR of 5.58%. SAN FRANCISCO, CA, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Stellar Market …

Oil and Gas Market Outlook 2025–2034: Trends, Growth Drivers, Market Size & Competitive Landscape Insights

The Business Research Company's Oil and Gas Market Outlook 2025–2034: Trends, Growth Drivers, Market Size & Competitive Landscape Insights LONDON, GREATER LONDON, UNITED KINGDOM, June 2, 2025 /⁨EINPresswire.com⁩/ -- The Business Research …

Key Market Driver In Optical Wavelength Services Industry 2025: The Surge In Internet Users Fuels Growth

The Business Research Company's Key Market Driver In Optical Wavelength Services Industry 2025: The Surge In Internet Users Fuels Growth LONDON, GREATER LONDON, UNITED KINGDOM, June 2, 2025 /⁨EINPresswire.com⁩/ -- The Business Research Company …

Global Floating Solar Panel Market Forecast 2025-2034: Analyzing Growth Drivers, Market Share, Segments, And Trends

The Business Research Company’s Floating Solar Panel Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 2, 2025 /⁨EINPresswire.com⁩/ -- In recent years, there has been an …

Global Fluid Power Equipment Market Growth: Projected to Reach $47.6 Billion by 2029 with an Impressive 8.1% CAGR

The Business Research Company’s Fluid Power Equipment Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034 LONDON, GREATER LONDON, UNITED KINGDOM, June 2, 2025 /⁨EINPresswire.com⁩/ -- The fluid power equipment market has shown …

New Season of Cleantech Forward Podcast Drives the Conversation on Clean Transportation

VANCOUVER, BRITISH COLUMBIA, CANADA, June 2, 2025 /⁨EINPresswire.com⁩/ -- Foresight Canada announces the launch of a new season of its acclaimed Cleantech Forward podcast, focused on the evolution of clean transportation in British Columbia. This …

Allstream Insiders: News for All Streams Brought Together with Leading EPC Events and Shows Across the USA

Energy Projects Events and News by Allstream Energy Partners Distribution Channel - Allstream Insiders HOUSTON, TX, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Allstream Insiders, a newly formed digital magazine dedicated to promote the …

Lloyd’s Register, CoolCo & HD HMS deliver sub-coolers for LNG reliquefaction retrofit on LNG Carrier Kool Glacier

The project has improved chartering competitiveness, minimised cargo losses from boil-off, and reduced greenhouse gas emissions for CoolCo. SOUTHAMPTON, UNITED KINGDOM, June 2, 2025 /⁨EINPresswire.com⁩/ -- Lloyd’s Register (LR), Cool Company Ltd. …

Access Fixtures Launches New and Improved Field Configurable Indoor Riding Arena Lighting Packages

Indoor riding arena lighting packages with selectable wattage and Kelvin, offering low glare, high performance, and durable, field-configurable fixtures. WORCESTER, MA, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Access Fixtures, a leader …

Bracane Company Earns Ecovadis Silver Medal for Sustainability Excellence

Ranked Among Top 15% of Companies Globally, Underscoring Bracane’s Commitment to Environmental Stewardship, Social Responsibility, and Ethical Governance PLANO, TX, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- Bracane Company, Inc., a …

Diaz onshore windfarm will produce energy for 6% of Namibia's energy consumption avoiding 200,000 tons of CO₂ emissions

The lifting and installation of the WTGs at the Diaz windfarm was performed by modules including towers, nacelles, generators and blades from 6 to 90 tons. LüDERITZ, NAMIBIA, June 2, 2025 /⁨EINPresswire.com⁩/ -- The new Diaz onshore windfarm will be able …

Dynamic Pricing Outperforms Time-of-Use in California EV Charging Pilot with 98% Energy Delivered Off-Peak

Dynamic pricing-based pilot with MCE and SVCE demonstrates enhanced flexibility and estimated $200/year average customer savings versus Time-of-Use Rates alone. PALO ALTO, CA, UNITED STATES, June 2, 2025 /⁨EINPresswire.com⁩/ -- New results …

Consolidated Water Increases Dividend and Declares Third Quarter Cash Dividend of $0.14 per Share

GEORGE TOWN, Cayman Islands, June 02, 2025 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, has increased its quarterly cash …

Solar Alliance Energy, Inc. Announces Q1 Earnings, Continued Progress

(figures in Canadian dollars) TORONTO and KNOXVILLE, Tenn., June 02, 2025 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR, OTC: SAENF), a leading solar energy solutions provider focused on the commercial and …

CCR Unleashes its free to use AI-Powered Carbon Accounting Platform and Local Government Carbon Accounting Platform

PERTH, WESTERN AUSTRALIA, AUSTRALIA, June 1, 2025 /⁨EINPresswire.com⁩/ -- With rising expectations of climate action and sustainability disclosures across supply chains, an Australian leading sustainability services provider, Climate Change …

Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions

ST. JOHN'S, Newfoundland and Labrador, June 02, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 11,298 of its 7,665,082 issued and outstanding Cumulative Redeemable Five-Year …

Facet Power, Kalulu Resources, & ReinAgri Announce ReinPower Climate-Smart Poultry Joint Venture

Transforming South Africa’s Poultry & Energy Sectors with Climate-Smart Innovation CAPE TOWN, WESTERN CAPE, SOUTH AFRICA, June 1, 2025 /⁨EINPresswire.com⁩/ -- Facet Power, Kalulu Resources, and ReinAgri have joined forces to launch ReinPower, …

leagend Debuts Smart UPS Battery Management Solution to Strengthen Power Security for Financial Institutions

leagend SOLUTIONS, a global leader in battery monitoring and intelligent power management systems, has officially launched its UPS Battery Management Solution. SHENZHEN, GUANGDONG, CHINA, May 31, 2025 /⁨EINPresswire.com⁩/ -- In response to the …

Deltron Electric Enhances Safety with Expert Electrical Panel Installations

Deltron Electric offers professional electrical panel installation services to enhance safety and efficiency in homes and businesses. COCOA, FL, UNITED STATES, May 30, 2025 /⁨EINPresswire.com⁩/ -- Deltron Electric, a provider of residential and …

Lámparas colgantes: cómo esta tendencia transforma los espacios del hogar

Descubrí cómo las lámparas colgantes de UBID Iluminación combinan diseño, funcionalidad y estilo para transformar cada ambiente del hogar. BUENOS AIRES, BUENOS AIRES, ARGENTINA, May 30, 2025 /⁨EINPresswire.com⁩/ -- Las lamparas colgantes se han …