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Greece Receives Oil and Gas Exploration Interest from Exxon, Total, Hellenic Petroleum

Τετ, 31 Μαΐου 2017 - 20:13

Greece has received interest for hydrocarbons exploration and exploitation in two sites off the island of Crete from a consortium of Exxon Mobil, France's Total and Greece's Hellenic Petroleum, the energy ministry said on Wednesday

Spanish Companies Taking Interest in LNG Trading — Russia’s Energy Minister

Δευ, 29 Μαΐου 2017 - 19:10

Spanish companies are interested in participating in Novatek’s Arctic LNG 2 project and LNG trading, Alexander Novak, Russia’s Energy Minister and co-chairman of the Russian-Spanish intergovernmental commission, said at the meeting of the commission on Monday

Gazprom’s Gas Exports to Europe Reach 103.6 Bcm in October-March

Δευ, 29 Μαΐου 2017 - 19:09

Between October 2016 and March 2017, Gazprom’s gas transmission system within Russia’s Unified Gas Supply System (UGSS) conveyed 231.2 billion cubic metres of gas, a 7% increase against the previous season, the Russian gas giant said on May 24

Libyan Unity Govt Assumes Control of Tripoli Airport

Δευ, 29 Μαΐου 2017 - 19:08

Forces loyal to Libya’s UN-backed unity government have established control over Tripoli’s international airport, according to a Libyan military official. "Presidential Guards and the Interior Ministry have assumed control of the airport and are now responsible for its security,” Presidential Guards commander Najmi al-Nakoua said in a televised statement late Sunday

Energean Signs Lease Agreement for Aitoloakarnania Block, Onshore Western Greece

Παρ, 26 Μαΐου 2017 - 18:05

Energean Oil & Gas has announced that it has signed a lease agreement with the Greek government for the exploration and exploitation of hydrocarbons at the Aitoloakarnania block, onshore western Greece

Portugal: Renewable Energy Sector Wants First Auction for Large-Scale Solar and Wind

Παρ, 26 Μαΐου 2017 - 18:05

Portuguese renewable energy association Apren has called on Portugal’s government to launch an auction for large-scale solar and wind power projects on the model of the 3 GW auction recently held by the Spanish government

OPEC, Non-OPEC Extend Oil Cut as Cooperation With Russia Improves

Παρ, 26 Μαΐου 2017 - 18:04

In an effort to reduce a global crude oil glut and boost prices, Members of the Organization of Petroleum Exporting Countries and non-OPEC countries, especially Russia, reportedly decided on May 25 to extend cuts in oil production by 1.8 million barrels per day by nine months to March 2018

Russia’s Rosneft to Modernise Its German Refineries

Πεμ, 25 Μαΐου 2017 - 19:06

Within the next five years, Rosneft will send a total of €600 million to modernise its German refineries, of which €300 million have already been allocated, the Russian state oil giant’s CEO, Igor Sechin, said during a working meeting in Germany

Armenia’s First Module Factory Expected to Start Production by the End of June

Πεμ, 25 Μαΐου 2017 - 19:05

Armenia will soon see its first PV module factory start manufacturing activities. According to the Armenian Ministry of Energy Infrastructure and Natural Resources, solar manufacturer Profpanel LLC will begin the production of its solar module factory by the end of June

Renewable Energy Employs 9.8m People Globally – IRENA

Πεμ, 25 Μαΐου 2017 - 19:03

The latest Renewable Energy and Jobs – Annual Review 2017 report from the International Renewable Energy Agency (IRENA), released at IRENA’s 13th Council meeting in Abu Dhabi today, has revealed that a total of 9.8 million people worldwide currently work in renewable energy

Energy Transitions Commission Issues Flagship Report on Better Energy, Greater Prosperity

Τρι, 23 Μαΐου 2017 - 19:22

New report outlines opportunity to halve global carbon emissions by 2040 - but governments, investors and businesses must act now to accelerate energy transitions. The Energy Transitions Commission’s flagship report, launched on 25 April 2017, sets out achievable pathways to limit global warming to well below 2˚C while stimulating economic development and social progress

Azerbaijan Believes Global Oil Cut Deal Should Be Scrapped Sooner Than Planned

Τρι, 23 Μαΐου 2017 - 19:22

A global oil production cut deal should be scrapped sooner than planned, Azerbaijan's energy ministry said on Friday

EP to Increase the EU’s Share of Renewable Energy

Τρι, 23 Μαΐου 2017 - 19:20

A European Parliament Committee on Industry, Research, Telecoms and Energy (ITRE) draft report on the revision of the Renewable Energy Directive for the period 2021 – 2030 calls upon the European Union to raise its 2030 renewable energy target to at least 35% and re-introduce binding national targets for 2030

HELLENIC PETROLEUM Group Announces First Quarter 2017 Financial Results

Τετ, 17 Μαΐου 2017 - 19:14

HELLENIC PETROLEUM Group announced strong financial results, according to IFRS, with 1Q17 Adjusted EBITDA at €229m (+35%) and Adjusted Net Income at €126m (+80%). Benchmark refining margins remained at high levels and operational performance was improved in all Group activities

Romanian State-Owned Gas Transporter Transgaz Changes GM

Τετ, 17 Μαΐου 2017 - 19:13

Petru Vaduva resigned from the position of general manager of the Romanian state-owned gas transporter Transgaz Medias, invoking personal reasons. The company’s board appointed Ion Sterian, the current board president, as interim general manager, according to a press release issued by the company yesterday evening

China: World’s Most Attractive Renewables Market

Τετ, 17 Μαΐου 2017 - 19:13

China topped the list of the world’s most attractive renewable energy markets for 2017, Ernst & Young (EY) announced on Tuesday. China jumped to first place due to its green energy policies, the Renewable Energy Country Attractiveness Index (RECAI) showed