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Bulgaria and the USA Expand Cooperation on Building a New Nuclear Power Plant in Kozloduy
Bulgaria and the United States have announced the expansion of an intergovernmental agreement on energy cooperation, which will include the construction of a new nuclear power plant in Kozloduy, as well as the development of Bulgaria’s civil nuclear program. This…
Natural Gas Demand Growth Oicks up in 2024 Amid Uncertainties Over Supply
Global demand for natural gas is increasing at a stronger rate in 2024 than in the previous two years, which were heavily affected by the turmoil of the global energy crisis. At the same time, new gas supplies coming to…
Highest Annual Growth of Renewables Jobs in 2023, Reaching 16.2 Million
2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the…
OIE Serbia 2024 – The Future Lies in Renewable Energy
On the second day of the OIE Serbia 2024 conference, several panels were held, the first of which was titled Challenges in Financing and Insuring Renewable Energy Projects. During the panel discussion, experts, including bankers and lawyers, discussed the financial…
From Azerbaijan, One Million Cubic Meters of Gas Per Day During This Winter
The Memorandum of Understanding on cooperation in the field of green energy between the Ministry of Mining and Energy of Serbia and the Ministry of Energy of Azerbaijan was signed during a bilateral meeting, along with two gas supply agreements…
China Joins Monitoring of Fukushima Water Release
In 2011, Japan suffered a devastating natural disaster when a powerful earthquake, followed by a tsunami, caused over 20,000 deaths and destroyed vast areas of land. The tsunami flooded an area of 560 km², and this catastrophe severely damaged the…
China’s Slowdown is Weighing on the Outlook for Global Oil Demand Growth
Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of growth in oil consumption. Global demand rose by…