Energy industry

Greece is poised to emerge as a pivotal player in the Southeast European energy market, driven by new energy interconnections, infrastructural developments, and strategic acquisitions.

US Ambassador to Greece George Tsunis pointed out on Wednesday, the first day of the two-day Athens Security Forum, that Greece is a rising energy provider in Southeastern Europe, and a country also firmly placed among the 10 most important countries in terms of renewable energy sources. 

NOVI SAD - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Wednesday in Novi Sad the building construction sector was responsible for a large portion of energy consumption and harmful gas emissions and that investing in improved energy efficiency was important not only for resource conservation but also for reduction of costs for citizens and businesses.

NOVI SAD - Development of industry and electric vehicles is the path to carrying out a green transition in Serbia, Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Thursday.

Cyprus' Ministe of Energy, Commerce and Industry George Papanastasiou has set the goal of having a solution to the issue of energy storage within the next 18-24 months, so that green energy is not rejected.

Shell's chief executive has told the BBC that cutting gas and oil output would be "irresponsible" because it could further lift energy bills and worsen the cost-of-living crisis.

Wael Sawan was asked about recent comments from U.N. head Antonio Guterres, who had declared it was "moral and economic madness" to invest in new fossil fuel infrastructure.

The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European energy markets.

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic met with Asian Infrastructure Investment Bank (AIIB) Vice President Konstantin Limitovskiy on Friday and noted that 15 bln euros must be invested in the Serbian energy sector over the next 10 years.

Mytilineos is close to reaching an agreement on green energy in North America, Evangelos Mytilineos, chairman and CEO of Mytilineos Energy & Metals, told Bloomberg TV on Tuesday.

In an interview, Mytilineos said that the framework in North America is very attractive and noted that in Europe the system is more bureaucratic and things move more slowly.

BELGRADE - Work on an integrated national energy and climate plan and a strategy of energy sector development is in the final phase and their adoption is due by the end of the year, Serbian Minister of Mining and Energy Dubravka Djedovic said at a meeting with Energy Community Secretariat Director Artur Lorkowski on Tuesday.