Επιλεγμένες Ειδήσεις από New Europe

As Exxon Prepares to Drill Off Cyprus, Tensions Flare with Turkey

As Exxon Prepares to Drill Off Cyprus, Tensions Flare with Turkey

The drillship of ExxonMobil is reportedly expected to arrive in the port of Limassol on November 5 as the US energy giant plans to start drilling in Block 10 in the Cypriot Exclusive Economic Zone (EEZ) south of the island later this month.

EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal

EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal

The European Commission said on October 31 that the EC has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity of liquefied natural gas (LNG) to the LNG terminal in Klaipėda.

We Need to Talk About Oil & Gas

We Need to Talk About Oil & Gas

Recently, the chief executive officer of oil-and-gas giant BP, Bob Dudley, stated that “the oil prices in the world are too high and it’s unhealthy for the world.” Speaking at a conference in the Hague, Dudley also stated that oil prices were “artificially high” thanks to Venezuela “defying economic gravity” as well as the Iran sanctions.

Name Dispute: Athens Takes a Breather

Name Dispute: Athens Takes a Breather

The political processes in both Greece and Macedonia/FYROM are still adjusting to the surprise victory by Prime Minister Zoran Zaev in the October 19 vote in Skopje where his supporters and allies delivered 80 votes or the required 2/3 majority in parliament needed for the constitutional revision process to proceed, as required under June’s Prespes Agreement that aims to settle the Name Dispute between the two countries.

EU Approves Biogas Support Scheme Extension in Luxembourg

EU Approves Biogas Support Scheme Extension in Luxembourg

The European Commission said on October 24 that the EC has approved, under EU State aid rules, the extension of an aid scheme to support biogas production in Luxembourg for six years.

EU, UN Seek Compromise Ahead of COP24 Climate Talks

EU, UN Seek Compromise Ahead of COP24 Climate Talks

Global greenhouse gas emissions are – yet again – set to increase in 2018 and “aggressive action” is needed to peak emissions, mainly with the help of energy efficiency and renewables, the International Energy Agency (IEA) warned at PreCOP24 talks in Krakow, Poland, the United Nations Framework Convention on Climate Change (UNFCCC) said in a tweet.

Hamburg Highlights Wind Energy Role in Fighting Climate Change

Hamburg Highlights Wind Energy Role in Fighting Climate Change

Cross-boarder electricity interconnections are vital for Europe to achieve its climate and energy goals and integrate more renewables into energy markets but the lack of investments in renewables in some European states is worrying, WindEurope CEO Giles Dickson told New Europe on September 25 on the sidelines of the world’s biggest wind energy event, the Global Wind Summit in Hamburg

EU to Help Fund Key Trans-European Polish Gas Pipeline

EU to Help Fund Key Trans-European Polish Gas Pipeline

The European Commission said on October 17 that €51 million from the European Regional Development Fund will help build a gas pipeline between the towns of Tworóg and Tworzeń, in the Śląskie region.

Global Energy Interconnection

Global Energy Interconnection

Three years ago, China announced a global initiative for the development of a Global Energy Interconnection (GEI). The conclusions of the initial feasibility study were presented by President Xi Jinping at the United Nations General Assembly.

EU Continues to Prepare for ‘No-Deal’ on Brexit

EU Continues to Prepare for ‘No-Deal’ on Brexit

The EU is continuing to prepare for the increasingly likely prospect that Brussels will not be able to work out a deal with the United Kingdom about their future relations once Brexit becomes a reality in early 2019.

EU Energy at the Helm

EU Energy at the Helm

The European Union is ready to make another political push in resolving the Russian gas transit via Ukraine and wants to make sure that Nord Stream-2 and Turkish Stream, if the latter is extended to the European market, are fully compatible with EU law, European Commission Vice-President Maroš Šefčovič told New Europe in an exclusive interview on the sidelines of GLOBSEC’s Tatra Summit 2018 in Slovakia on October 6.