Tag: oil (4 articles)

Environment   |   22 June, 2023 at 3:00 PM

35 tons of oil leaks into the Danube in Serbia

35 tons of oil products leaked from a ship under the Bulgarian flag on the main course of the Danube, near Cělarevo (Serbia), at km 1287. This information was received by the Ministry of the Environment, Waters and Forests, and the National Administration "Romanian Waters" - Department of Emergency Situations, through the secretary for border waters within the Romania-Serbia bilateral agreement, in the afternoon of June 20.

Energy   |   29 May, 2023 at 9:30 AM

Global investment in clean energy to rise to $1.7 trillion in 2023

About $2.8 trillion is set to be invested globally in energy in 2023, of which more than $1.7 trillion is expected to go to clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements, and heat pumps – according to the IEA's latest World Energy Investment report.

Industry   |   7 March, 2023 at 3:41 PM

Global carbon dioxide emissions hit new highs

Global energy-related carbon dioxide emissions hit a record high last year, even as more clean technologies such as solar power and electric vehicles helped limit the impact of increased coal and oil consumption, according to the International Energy Agency (IEA). Scientists warn that energy users around the world must dramatically reduce emissions to slow the ill effects of global warming.

Business   |   25 January, 2023 at 8:14 AM

Hungary's Mol buys hundreds of petrol stations in Poland

The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.

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Finance

EU surpasses €300 billion in RRF funding

The European Commission allocated €26.8 billion in loans and grants under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania.