Επιλεγμένες Ειδήσεις από New Europe

EU Structural Funds to Shift from East to South

EU Structural Funds to Shift from East to South

The EU is planning to shift the centre of gravity in structural funds allocation from the east to the south of Europe, the Financial Times reported on Monday.

MEPs to Start Negotiations with Council on Safe Gas Supply for EU

MEPs to Start Negotiations with Council on Safe Gas Supply for EU

The European Parliament, led by the rapporteur Jerzy Buzek from Poland, may start the negotiations with the Council based on the Industry Committee’s text on the draft directive on the EU market for natural gas, the EP said in a press release on April 19.

Macron in Berlin to Realign Consensus on Eurozone Reform

Macron in Berlin to Realign Consensus on Eurozone Reform

French President Emmanuel Macron will be joining Angela Merkel in Berlin in an attempt to reaffirm the Franco-German consensus on Eurozone reforms. That is a tall order. The Chancellor is under pressure to amend or discard President Macron’s agenda on political consolidation.

IRENA Calls for Six-Fold Increase of Global Renewable Energy Adoption

IRENA Calls for Six-Fold Increase of Global Renewable Energy Adoption

Increasing the speed of global renewable energy adoption by at least a factor of six – critical to meeting energy-related emission reduction needs of the Paris Climate Agreement – can limit a global temperature rise by two degrees, the International Renewable Energy Agency (IRENA) said on April 17.

EU Action Reduces Pollution from Shipping, Report Shows

EU Action Reduces Pollution from Shipping, Report Shows

Air pollution from sulphur oxides (SOx) emitted from ships has substantially dropped over in recent years, the European Commission said on April 16, citing a new compliance report.

Distorted Energy Efficiency

Distorted Energy Efficiency

Recasting the EU’s directive on energy efficiency for 2012 has become a necessity since this directive does not refer to efficiency senso stricto. From the beginning, the intention of its architects – the European Commission – was to limit the use of energy on the consumer market, even in an extensive manner, without visible changes to specific energy efficiency, which was euphemistically denoted as savings.

Nord Stream 2 Gas Project Strives to Fill EU’s Import Gap

Nord Stream 2 Gas Project Strives to Fill EU’s Import Gap

Ukraine can still be a transit gas country to Europe even after the Nord Stream 2 pipeline from Russia to Germany is built, the spokesperson of the company constructing the project, Jens Müller told New Europe.

ENI’s Production in 2018 Expected to Increase 4% from 2017

ENI’s Production in 2018 Expected to Increase 4% from 2017

During a four year strategic plan, Italian energy major ENI will spend €900 million per year on exploration activities, targeting approximately 2 billion barrels of oil equivalent (boe) of new equity resources at approximately $2 per barrel and continuing to implement its dual exploration model, the company’s CEO, Claudio Descalzi, said in New York.

EU Clears Acquisition of General Electric-Rosneft Joint Venture

EU Clears Acquisition of General Electric-Rosneft Joint Venture

The European Commission said on April 6 it approved under the EU Merger Regulation the acquisition of joint control over a joint venture based in Russia by the US’ General Electric Company (GE) and Rosneft Oil Company, through its subsidiary Sibintek LLC, both of Russia.

Trade War Intensifies as Beijing and Washington Impose New Retaliatory Tariffs

Trade War Intensifies as Beijing and Washington Impose New Retaliatory Tariffs

China and the US entered into a new stage in their ongoing import tax tit-for-tat on April 4 when Beijing announced that it would impose a stiff 25% tariff on over 100 US products in retaliation for US President Donald J. Trump‘s decision to single China out as the main target of his self-declared trade war.

US’ EPA Says Obama-era Emissions Standards for Cars Too High

US’ EPA Says Obama-era Emissions Standards for Cars Too High

Heightening the tension between the administration of US President Donald Trump and the State of California, Environmental Protection Agency (EPA) chief Scott Pruitt is expected to announce the completion of a Midterm Evaluation (MTE) process for greenhouse gas (GHG) emissions standards for cars and light trucks for 2022-2025 models.

China Enters Trade War Imposing Tariffs on 128 US Products

China Enters Trade War Imposing Tariffs on 128 US Products

China imposed 15-to-25% tariffs on 128 US imports on Monday, April 2. The products include pork, wine, nuts, fresh and dried fruit, and ginseng. Thus far- major technology giants producing in China, such as Apple, have been except.

Saudi Arabia, Russia May Extend OPEC, non-OPEC Oil Output Deal

Saudi Arabia, Russia May Extend OPEC, non-OPEC Oil Output Deal

Plans of the Organization of the Petroleum Exporting Countries (OPEC) and other supplies, especially Russia, to possibly continue curbing oil production for the rest of 2018 and potentially into 2019 gave a boost to oil prices.

Greece Wraps Up First Round of Bidding for 66% of DESFA

Greece Wraps Up First Round of Bidding for 66% of DESFA

The first round of bidding for 66% of Hellenic Gas Transmission System Operator (DESFA) has been completed, Greece’s Environment and Energy Minister Giorgos Stathakis said on March 29.

France’s Total to Invest in the New Energy Sector in China

France’s Total to Invest in the New Energy Sector in China

France’s Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund Management Co, Ltd, and Cathay Capital have signed an agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to the energy sector in China, the French energy giant said.