
Romanian company joins forces with Azerbaijan for Black Sea LNG investment
Romanian state-run company Romgaz signed with Azeri SOCAR a memorandum of understanding for joint investment in liquefied natural gas (LNG) facilities in the Black Sea.

Romanian state-run company Romgaz signed with Azeri SOCAR a memorandum of understanding for joint investment in liquefied natural gas (LNG) facilities in the Black Sea.
The European Parliament voted Wednesday (19 October) to rein in maritime emissions by strengthening greenhouse gas intensity limits for maritime fuels and obliging large ship owners to use a percentage of green-hydrogen derived fuels by 2030.
Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market.
Prime Minister Viktor Orban’s government says that Russia supplies Hungary with cheap gas, however, that doesn’t correspond to reality, greatly worsening Hungary’s reputation and putting the country on the wrong side of history.
The Netherlands will pull out of the Energy Charter Treaty (ECT), which has come under fire for protecting investments in the oil and gas sector, the country’s energy ministry said on Wednesday (19 October).

As part of its REPowerEU plan presented in May, the European Commission set out a target to ramp up domestic production of biomethane to 35 billion cubic meters (bcm) by 2030, up from around 3 bcm today.
Renewable energies have allowed the European Union to avoid €99 billion in fossil gas imports since the beginning of the war in Ukraine.
The European Union and Morocco on Tuesday (18 October) signed a “green partnership” deal they hope will bolster cooperation on renewable energy.
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Croatia and Lithuania want a wholesale gas cap, Slovenia advocates a ceiling on liquefied gas only, while Finland and Slovakia disagree on direct subsidies, the countries said on Tuesday (18 October) as the European Union grapples with an energy crunch.