International Edition

Day: January 4, 2023

Vestas signs new 60MW agreement in Romania

Romanian wind power is growing with the addition of an order to Vestas from DTEK Renewable International and Moldova Eolian for the Ruginoasa wind farm. This onshore wind farm is located in the northeast of Romania in the municipality of

Vaca Muerta Argentina’s alternative to Bolivian gas

Argentina will receive less Bolivian gas next winter, while Bolivia was expected to send about 14 million cubic meters of natural gas following an agreement. Argentina is turning to alternative supplies such as the Vaca Muerta shale formation. The formation could become a key global gas supplier.

Oil falls again, China in focus

Oil prices continued to decline on Wednesday as concerns over China’s health situation intensified while the world’s second largest economy is in the grip of a major covid.

Japan maintains its Russian Gas Insurance coverage

Following the announcement of the cessation of marine war insurance, British reinsurers granted Japan 30 billion yen until March. The aim is to secure fuel imports from Japan via Sakhalin-2 in the Russian Far East at the height of winter demand.