Επιλεγμένες Ειδήσεις από New Europe

With an Eye on Russia, MEPs Strengthen EU Gas Pipeline Rules

Members of the European Parliament’s Energy Committee agreed on March 21 that EU gas market rules must apply to all pipelines entering or leaving the bloc, with only occasional strictly limited exceptions.

Italy’s ENI Starts Oil Production Offshore Angola

Italian energy major ENI and Angolan state company Sonangol have started oil production from the Ochigufu project, in Block 15/06 of Angola’s deep offshore, ENI said. The field will add 25,000 barrels to the current production levels.

EU Probes German Grid Operator for Limiting Capacity with Denmark

The European Commission opened on March 19 a formal investigation to assess whether German grid operator TenneT’s limitation of capacity from Western Denmark into Germany breaches EU antitrust rules, the EU’s competition chief said.

Oil Markets Nervous After Tillerson Sacked, McMaster on his Way Out

The firing of US Secretary of State Rex Tillerson and if President Donald Trump removes H.R. McMaster as national security adviser could impact major hydrocarbon producers Iran, Saudi Arabia, and Russia, leading to a boost in crude oil prices.

Commission’s New Draft Brexit Deal Leaves Little Room for Optimism

The European Commission published on Thursday an updated Brexit treaty draft. The new draft leaves little room for optimism, even on the transition deal that has become an operating assumption in the UK.

EU: Implementing 2030 Climate Targets to Boost Bulgaria’s GDP

EU Commission Vice-President for Energy Union Maroš Šefčovič was expected to visit Bulgaria on March 14-15 for the second Energy Union Tour to discuss Bulgaria’s progress towards its 2020 targets for energy efficiency, renewables and greenhouse gas emissions reduction, its energy security situation, and the development of its internal energy market.

The “Expanded” Southern Gas Corridor: What Comes After 2020?

Azeri gas from Shah Deniz II will likely enter Europe via Greece, Albania and Italy through the TANAP- TAP (Trans Anatolian Pipeline – Trans Adriatic Pipeline) system of the EU Southern Gas Corridor in 2020.

Brussels Seeks More Clarity on US Steel Tariffs Ahead of More Contacts with Washington

The European Commission on Monday again requested from Washington that the EU be exempted from additional duties on aluminium and steel that President Donald J. Trump signed into law last week.

Malmström Seeks Clarity on Whether EU is Excluded from Trump’s Tariff Plan

European Commissioner for Trade Cecilia Malmström responded on Friday to US President Donald J. Trump’s actions on setting tariffs for steel aluminium imports by telling journalists that the Berlaymont was seeking clarity on whether the bloc would be counted alongside Canada and Mexico and be excluded from the tariffs that Trump signed into law on March 8, adding that the bloc was ready to retaliate if it turns out Europe is targeted by the measures.

Trump’s White House Proclaims New (and Maybe Negotiable) Tariffs to Take Effect in 15 Days

US President Donald J. Trump signed a tariff proclamation March 8 at the White House, including a series of carefully-crafted exemptions for NAFTA partners Canada and Mexico as well as the possibility for other allies to negotiate exemptions.

EU Clears Acquisition of Westinghouse by Brookfield

Kazakhstan Plans New Gas Pipeline from Kyzylorda to Astana

Kazakhstan’s President Nursultan Nazarbayev has ordered the construction of a new national gas pipeline stretching from Kyzylorda in the south of Kazakhstan to the Kazakh capital, Astana.

EU Commission Prepares Response to Trump’s Self-Declared “Trade War”

The EU’s Commissioner for Trade Cecilia Malmström announced late Monday that the European Union has drawn up a draft list of items that could face stiff taxation following an announcement on March 2 by US President Donald J. Trump that he welcomed the prospect of a trade war with the EU and China over steel and aluminium imports to the United States.