Eesti Energia's loss last year was 83 million euros due to large write-downs of oil shale assets
Eesti Energia reported a net loss of 83 million euros last year, primarily due to significant write-downs on its oil shale assets for the third consecutive year.
Vladimir Arhipov: we need to focus again on oil shale energy
Vladimir Arhipov advocates for a renewed focus on oil shale energy to address the crisis in Estonia's energy sector.
Eesti Energia incurred a large loss last year
Eesti Energia reported a net loss of 83 million euros last year due to a significant write-down of its new oil shale plant.
Eesti Energia's Loss Was 83 Million Last Year Due to Major Write-downs
Eesti Energia reported an 83 million euro loss for the past year attributed to significant write-downs on oil shale assets.
Arvi Hamburg: The carbon dioxide quota trading system is driving oil shale electricity out of competition
The EU's emissions trading system (ETS) is a significant factor contributing to high electricity prices, according to Arvi Hamburg.
Hamburg: We should maintain oil shale capacity until the nuclear power plant's operation
Energy expert Arvi Hamburg argues that Estonia should continue to produce electricity from local oil shale resources for at least another decade to ensure energy security before transitioning to nuclear power.
Züleyxa Izmailova: Managed Powers Demand a Controlled Energy Policy
Züleyxa Izmailova discusses the disarray in Estonia's energy policy amidst challenges in balancing fossil fuels and renewable energy sources.
The reason for the dramatic fluctuations in CO2 quotas has been revealed
A discussion in the Estonian Parliament highlighted the issues concerning the electricity system's reliance on CO2 quota prices due to the use of oil shale for electricity production.
WSJ: US shale oil producers turn their gaze to foreign markets
US shale oil producers are shifting their focus from domestic markets in Texas and New Mexico to international opportunities amid changing conditions in the industry.
Auvere Power Plant Produces Electricity Again
The Auvere oil shale power plant was restored to operation on Thursday evening, providing some relief from the high electricity prices of recent weeks, alongside the reactivation of the 8th block of the Estonian power plant this week.
Shell denies plans to leave Vaca Muerta, where it has assets worth over US$1.9 billion
Shell executives denied reports of abandoning Vaca Muerta, emphasizing the value of their shale oil assets, during an investor conference.
Domestic companies lead oil and gas boom in Argentina
As major oil and gas companies withdraw from Argentina's volatile economy, domestic groups are intensifying their development of the vast Vaca Muerta shale field in Patagonia.
It's no longer polite to talk about oil shale, let's call it kukersiid
The Estonian government suggests renaming the oil shale technology chair at TalTech to align with contemporary views, despite the resource's ongoing significance.
US frackers were already facing a global oil supply glut. Trump’s Venezuelan dream could make it worse
US shale-oil producers are struggling with low prices and now face increased competition from Venezuela after the US captures its president.
Venezuelan Oil Sparks Anger Among US Shale Producers
A report highlights the unprecedented outrage among US shale oil producers over President Trump's plans to increase engagement in the Venezuelan oil sector, warning it could undermine domestic production.
The pandemic has returned to the oil market. The commodity is the cheapest in 5 years and will get cheaper
The article discusses the factors that contributed to the decrease in oil prices in 2025 and explores the critical role of American shale oil producers in future price trends, along with geopolitical events impacting the oil market and the forecasts for Brent and WTI prices in 2026.