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TANAP to Launch Early June: Turkish President Erdogan

Τετ, 25 Απριλίου 2018 - 17:30

The Trans Anatolian Natural Gas Pipeline (TANAP) will launch in early June, according to Turkey's President Recep Tayyip Erdogan on Wednesday. TANAP, which will carry Azeri gas to Turkey and then on to Europe, is considered the most important component of the Southern Gas Corridor (SGC)

PPC: Angry Greek Power Workers Urge MPs to Cancel Asset Sales

Τετ, 25 Απριλίου 2018 - 17:30

Workers at Greece’s dominant power utility Public Power Corporation (PPC) took to the streets on Wednesday urging lawmakers to rescind the planned sale of power stations which they have branded a "national crime." Hundreds of workers gathered outside parliament, as lawmakers debated legislation which paves the way for PPC to begin selling plants in May

Global Offshore Wind Mkt. Scores Historic Highs in 2017

Τετ, 25 Απριλίου 2018 - 17:28

More than 52 gigawatts (GW) of clean, emissions-free wind power was added globally in 2017, bringing total installations to 539 GW worldwide, Global Wind Energy Council (GWEC) said on Wednesday. The report stated that wind power is the most competitively priced technology in many if not most markets worldwide

Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity

Παρ, 20 Απριλίου 2018 - 19:20

The electricity distribution companies in Bulgaria CEZ, EVN and Energo Pro have submitted applications to the Energy and Water Regulatory Commission (EWRC) requesting 8% to 20% increase in the prices of electricity as of 1st of July, the regulator said on 17th of April

Gazprom, Saudi Aramco to Boost Cooperation

Παρ, 20 Απριλίου 2018 - 19:19

Russian gas monopoly Gazprom and Saudi Aramco signed an Addendum to a Memorandum of Understanding, aiming to widen the possible areas of cooperation between the companies. The document was signed during a working meeting between Gazprom CEO Alexey Miller with Saudi Energy Minister Khalid Abdulaziz Al-Falih and Aramco CEO Amin Bin Hassan Nasser

Turkey's Erdogan Declares Early Elections on June 24

Τετ, 18 Απριλίου 2018 - 19:08

President Tayyip Erdogan said on Wednesday Turkey's presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency. Erdogan said he made the decision after speaking to the head of the nationalist MHP party, Devlet Bahceli, who a day earlier had floated the prospect of early polls

TANAP to Deliver First Commercial Gas on June 30

Τετ, 18 Απριλίου 2018 - 19:07

First commercial gas from the Trans Anatolian Natural Gas Pipeline Project (TANAP) to Turkey will begin transit by June 30, Saltuk Duzyol, TANAP's general manager said on Tuesday. TANAP, which will carry Azeri gas to Turkey and then onto Europe, is currently 93.5 percent complete, Duzyol confirmed at TANAP's Eskisehir Measurement and Compressor station where Turkey receives Azeri gas

Renewables Need Six-Fold Boost to Meet Climate Goals

Τετ, 18 Απριλίου 2018 - 19:07

Global renewable energy deployment needs a six-fold increase in order to begin to achieve the Paris climate agreement goals, a new report from the International Renewable Energy Agency (IRENA) said Tuesday

Romanian Rompetrol Rafinare Has USD 57 Mln Investment Budget This Year

Δευ, 16 Απριλίου 2018 - 19:34

Rompetrol Rafinare, a Romanian company that operates the biggest oil refinery in the country – Petromidia, plans to invest USD 56.9 million in its local operations this year. The company will invest USD 44.26 million at the Petromidia refinery, another USD 5.83 million at the Vega refinery in Ploiesti and USD 6.81 million in the petrochemical operations

IENE to Organize «Investing in Energy Efficiency» Conference in Athens

Δευ, 16 Απριλίου 2018 - 19:31

In view of the new high targets set by the EU for a 30% improvement in energy efficiency by EE28 by 2030, coupled with a 40% reduction in greenhouse gas emissions at the same time but also taking into consideration the latest important developments following consultations with the European institutions in reviewing the relevant European Directive, IENE has decided to convene a one-day conference in Athens on May 24, in order to review the situation and address key issues

EU Says No New Sanctions Against Iran

Δευ, 16 Απριλίου 2018 - 19:30

The EU's foreign policy chief said on Monday that the bloc did not foresee new sanctions against Iran despite an announcement by U.S. President Donald Trump that he would pull out from landmark nuclear deal with Tehran. "I do not foresee any decision to be taken today on this,” Federica Mogherini told reporters ahead of E.U.’s Foreign Affairs Council meeting in Luxembourg

Romania Imports More Iron, Steel Than it Exports

Τρι, 10 Απριλίου 2018 - 16:10

Romania exported EUR 2.2 billion worth of iron and steel in 2017, which was 28% higher than the year before, according to data from the National Statistics Institute INS

EU Clears Acquisition of General Electric-Rosneft Joint Venture

Τρι, 10 Απριλίου 2018 - 16:09

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

IENE Special Event Outlined the Electricity Market Transition in Greece and Europe

Τρι, 10 Απριλίου 2018 - 16:06

In view of the ongoing developments at European and country level, IENE decided to organize an in-depth discussion on Greece’s electricity market, currently in transition and how this relates to European developments. Hence, on March 28, IENE convened in Athens a special afternoon colloquium, under the title "The Electricity Market in Transition – Latest Developments in Greece and Europe”

Four Countries Plan to Boycott the Summit in Sofia about the Western Balkans

Πεμ, 5 Απριλίου 2018 - 19:24

Four countries are about to boycott the summit for the Western Balkans in Sofia on May 17th. Integration of the Western Balkans into the EU is a key priority of the Bulgarian EU Council Presidency and such a boycott is a challenge to Bulgarian diplomacy, according to commentators

Erdogan, Putin Break Ground for Nuclear Power Plant

Πεμ, 5 Απριλίου 2018 - 19:21

President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin attended the groundbreaking ceremony of Akkuyu Nuclear Power Plant via a video conference call from the Presidential Complex in the capital Ankara on Tuesday. Prior to the groundbreaking ceremony, Erdogan welcomed Putin with an official ceremony in the capital