The fourth Deputy Minister of Energy became Karolina Štelmokaitė, who until now worked as an energy advisor to the European Parliament (EP) Greens/EFA Group in the EP Committee on Industry, Research and Energy…
With the rise in oil and its product prices again, the executive director of the Lithuanian Gas Station Association states that speculation in the market has a significant impact on price fluctuations.
State-owned oil and liquefied natural gas (LNG) terminal operator “KN Energies” has agreed to cooperate with the Vietnam-based company “Indel Petro” in energy and…
Last week, due to increased import flows from Sweden and growing wind generation in the Nordic countries, electricity prices in Lithuania decreased by a quarter.
The International Energy Agency (IEA) forecasts that this year, coal-fired electricity generation volumes should increase due to supply difficulties of other energy sources and rapidly increasing…
With the growing production and consumption of renewable energy sources (RES), over approximately a decade, Lithuania will need approximately three more gigawatts (GW) of new electricity system flexibility…
A little over three months ago, the situation in Europe looked bleak. After the Strait of Hormuz was practically closed, analysts and the International Energy Agency (…
The “Nemuno aušros” faction and several parliamentarians belonging to the Mixed Group of Seimas members propose to reduce fuel excise duties.
After raising interest rates in June, the Governing Council of the European Central Bank (ECB) decided on Thursday not to change any of the three main interest rates.
German officials on Wednesday announced they had given the green light to a controversial French-Russian nuclear project.