Saudi Arabia buys stakes in four big European oil firms

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has accumulated stakes in four major European oil companies.

State Service of Geology and Subsoil put up 8 oil and gas fields for auction

The auction will be held in July 2020.

342 MW wind farm will be built in Germany

The station will become the third offshore wind farm off the coast of Germany.

Capacity of offshore wind farms in the world reached 29 GW in 2019

Now the share of offshore wind farms is 10% of the total installed capacity of wind generation in the world.

Gas imports increased by 76%

In January-March 2020, natural gas imports from the EU amounted to 2.7 billion cubic meters.

Guaranteed Buyer announces the absence of quotas and the necessary solutions for conducting “green” auctions

As of April 1, 2020, a number of necessary documents were not approved.