Επιλεγμένες Ειδήσεις από New Europe

Cyprus’ New Glaucus-1 Gas Field Can Boost EU Energy Security

Cyprus’ New Glaucus-1 Gas Field Can Boost EU Energy Security

A major offshore natural gas discovery in the Eastern Mediterranean near Cyprus at the Glaucus-1 well by US energy giant ExxonMobil said on February 28 will increase the region’s geopolitical importance and reduce Europe’s energy dependence, leading experts told New Europe at the Delphi Economic Forum.

ExxonMobil Makes Major Discovery Off Cypriot Coast

ExxonMobil Makes Major Discovery Off Cypriot Coast

US energy giant ExxonMobil said on February 28 that it has made an offshore natural gas discovery in the Eastern Mediterranean near Cyprus at the Glaucus-1 well.

Low-Carbon Benchmarks Deal Reached by EU Council and Parliament

Low-Carbon Benchmarks Deal Reached by EU Council and Parliament

The European Parliament and the Member States reached a political agreement on February 25 on a new generation of low-carbon benchmarks needed to help boost investment in sustainable projects and assets. The European Parliament and Council still have to formally approve the rules.

Overcoming the Ideology of Climate Inaction

Overcoming the Ideology of Climate Inaction

Three years ago, the United States achieved a grim milestone: its first climate refugees. With rising sea levels quickly engulfing the small town of Isle de Jean Charles, Louisiana, the Biloxi-Chitimacha-Choctaw tribespeople who have long called it home were forced to move. In the coming years, hundreds of communities across the US will suffer a similar fate, even if greenhouse-gas emissions cease immediately.

Business and Biodiversity

Business and Biodiversity

At the World Economic Forum’s (WEF) annual meeting in Davos last month, the evidence of mounting threats to nature, and of nature’s contributions to people, featured higher on the agenda than ever before.

Initial Fuel Loading Begins at Russia’s Novovoronezh II NPP

Initial Fuel Loading Begins at Russia’s Novovoronezh II NPP

In Russia’s Voronezh region, State Atomiс Energy Corporation Rosatom said on February 19 that fuel loading began on schedule at the Novovoronezh Nuclear Power Plant II, unit No. 2 equipped with the VVER-1200 reactor.

Germany Leads EU Solar Market Growth in 2018

Germany Leads EU Solar Market Growth in 2018

The European Union installed around 8.0 GW of solar power systems in 2018; that is a 36% year-on-year increase over the 5.9 GW connected to the grid in EU-28 in 2017, according to an estimate from SolarPower Europe, the association for the solar power sector in Europe, on February 20. Solar installations in Europe as a whole grew by around 20% to 11.0 GW in 2018, up from 9.2 GW the year before.

IRENA, EU Advance Renewable Energy Integration

IRENA, EU Advance Renewable Energy Integration

The International Renewable Energy Agency (IRENA) is launching a report on February 19 at the European Commission about integrating renewable energy.

Brussels Puts Saudi Arabia on Finance Blacklist

Brussels Puts Saudi Arabia on Finance Blacklist

Having been classified as a major threat to security due to its refusal to crack down on terrorism financing and a continued lack of enthusiasm for halting massive money laundering schemes, the European Commission added Saudi Arabia to its list of nations who are considered serial offenders when it comes to financial crimes.

EU looks Into Replacing Dollar for Energy Transactions

EU looks Into Replacing Dollar for Energy Transactions

In an effort to promote the euro in oil and commodities trading, the European Union convened an industrial working group with the objective of looking into how to replace the US dollar in certain transactions.

ExxonMobil Makes Two New Discoveries Offshore Guyana

ExxonMobil Makes Two New Discoveries Offshore Guyana

US energy giant ExxonMobil has said the company made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block.

Breaking Germany’s Coal Addiction

Breaking Germany’s Coal Addiction

Germany is about to break its coal addiction. Last year, the government created a 28-member “coal commission” – comprising scientists, politicians, environmental campaigners, trade unions, and utilities representatives – with the unenviable mandate of deciding when the country would get clean. Balancing pragmatic considerations with recognition of the reality of climate change, the commission has now set 2038 as the deadline for reaching zero coal, with the withdrawal beginning immediately.

Italy’s ENI Acquires Australian Solar Project

Italy’s ENI Acquires Australian Solar Project

ENI Australia, a subsidiary of Italian energy major ENI, has completed the acquisition of a construction-ready solar photovoltaic (PV) project near Katherine, in the Northern Territory of Australia, from Katherine Solar, a joint venture between Australia’s Epuron and the UK-based Island Green Power.

Europe Boosts Offshore Wind Capacity by 18% in 2018

Europe Boosts Offshore Wind Capacity by 18% in 2018

Europe installed 2.6 GW of new offshore wind energy capacity in 2018, showing an 18% increase, WindEurope said on February 8, releasing statistics that also showed that 15 new offshore wind farms came on line.