Last week, due to reduced solar and wind power generation and high prices in neighboring countries, the electricity price in Lithuania increased by more than four fifths.
A plan is being prepared on how, if necessary, one or another district of Lithuania could independently supply electricity if it disconnects from the main grid, says the Minister of Energy.
The Polish state-controlled energy group “Orlen” has signed a three-year contract with the Norwegian company “Equinor” for oil supply from the “Johan Sverdrup” field. Its…
The Minister of the Interior Martynas Katelynas says that the safety of the liquefied natural gas (LNG) terminal “Independence” is directly related to the national…
The Ministry of Economy and Innovation will allocate up to 20 million euros for the development of renewable energy infrastructure in free economic zones (FEZ).
Brazilian oil production giant “Petrobras” announced that while conducting an exploration project, fiercely opposed by environmentalists, it discovered traces of oil near the country’s Amazon…
Tomas Pribušauskas became the finance manager of Ignalina Nuclear Power Plant (brand “Altra”), which implements non-stop and billion-dollar closure projects, on Monday…
Last week, due to reduced wind production and increased export flows, the electricity price in Lithuania rose by about two-thirds.
The energy company “Elenger,” managed by the Estonian investment company “Infortar,” is the largest private energy company in Finland and the Baltic countries, this November and December…
The only oil refining and import company in the Baltic States owned by the Polish energy concern “Orlen”, “Orlen Lietuva”, has installed a 42.2 MW solar park at the plant in Mažeikiai…