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Russia's Energy Ministry to Discuss Extension of OPEC Deal With Domestic Producers

Παρ, 28 Απριλίου 2017 - 18:36

Russian Energy Ministry and national oil companies will discuss continuation of an oil production limiting deal with the OPEC by May 24, minister Alexander Novak told reporters on Friday. "We will definitely meet companies at the chief executives level before the monitoring committee meeting," the minister said

Greece: TERNA ENERGY Increases Net Earnings By 21.8% in 2016

Παρ, 28 Απριλίου 2017 - 18:36

The annual results of the year 2016 for TERNA ENERGY settled as following: Consolidated sales for 2016 amounted to 225.5 million euro compared to 198.6 million euro in 2015, increased by 13.5%

Cañete in Tehran for First-Ever EU-Iran Sustainable Energy Forum

Παρ, 28 Απριλίου 2017 - 18:35

Following the European Union’s first ever project for nuclear safety cooperation with Iran last week, the Commission plans to strengthen energy and climate ties with Iran this weekend. European Commissioner for Climate Action and Energy Miguel Arias Cañete is heading to Tehran on April 29 where he will kick off the first-ever Iran-EU Business Forum on Sustainable Energy

Joint IENE/ ACCI/ PEA Conference on Energy Investments, Employment and Exports Highlighted Greece’s Competitive Advantage and the Challenges Ahead

Παρ, 28 Απριλίου 2017 - 18:34

The one-day conference, on "Energy: Investments, Employment and Exports”, which was held in Athens on April 26, 2017, highlighted the major challenges and prospects for Greece’s energy sector and its overall potential in the context of efforts now in progress for reviving the economy

Romanian Electricity Distributor Wants to Charge Consumers for Weather-Related Infrastructure Damages

Τετ, 26 Απριλίου 2017 - 18:13

Romanian group Electrica, the largest electricity distributor and supplier in the local market, plans to charge consumers for the damages caused by the falling of hundreds of utility poles because of last week’s harsh weather conditions, Hotnews.ro reported. The company had RON 2.76 billion (EUR 600 million) worth of cash reserves at the end of last year, after completingonly two-thirds of its investment program

Global Wind Reaches Record 486.7 Gigawatts in 2016

Τετ, 26 Απριλίου 2017 - 18:12

Global wind power in 2016 saw a 12.6 percent increase and reached a record 486.7 gigawatts (GW), according to Global Wind Energy Council's (GWEC) report late on Tuesday. "In 2016, 54.6 GW of installation globally was achieved for the first time in a single year in 2016," the report said adding that in 2016, a 12.6 percent increase in installation was made

EU Commission Appoints Director to Its DG ENV

Τετ, 26 Απριλίου 2017 - 18:11

The European Commission decided on April 26 to appoint Gilles Gantelet to the position of Director for Policy in its department for Environment (DG ENV). Gantelet, a French national, joined the Commission in 1994. His career at the Commission focused on communication policy, including as Spokesperson for former Commissioners Jacques Barrot and Loyola de Palacio

Romanian Transport Minister Wants Video Monitoring of All Road Construction Sites

Τρι, 25 Απριλίου 2017 - 18:06

Romanian transport minister Razvan Cuc said during a working visit on the Lugoj-Deva highway site that he requested the video monitoring of "all road construction sites in the country,” so that he canwatch the progress of the works, reports local News.ro

Bulgaria's NPP Kozloduy Shuts Down Unit 5 for Planned Maintenance

Τρι, 25 Απριλίου 2017 - 18:00

Bulgaria's sole nuclear power plant (NPP) Kozloduy has shut down its 1,000 MW Unit 5 on Saturday for planned annual maintenance works, the plant operator said. The works are expected to be completed in mid-June, the operator said in a press release over the weekend

EU Clears Support for Latvian Renewable, Cogeneration Plants

Τρι, 25 Απριλίου 2017 - 17:58

The European Commission said on April 24 that it has found support granted to renewable energy and cogeneration power plants built in Latvia between 2007 and 2012 to be in line with EU state aid rules

Sofia Plans to Require More Information From Brussels About Gazprom Case

Δευ, 24 Απριλίου 2017 - 19:25

Caretaker Energy Minister Nikolay Pavlov has said that state energy companies Bulgargaz, Bulgartransgaz and the Bulgarian Energy Holding have already drawn up a position on commitments proposed by Gazprom in the case with the European Commission, BNR reported

US Wind Energy Adds Jobs Faster Than Expected in 2016

Δευ, 24 Απριλίου 2017 - 19:25

American wind power added jobs over nine times faster than the country's overall economic growth in 2016, according to the American Wind Energy Association (AWEA) report recently

EU, Iran Ink Nuclear Deal

Δευ, 24 Απριλίου 2017 - 19:24

While US President Donald Trump declared that Iran is failing to fulfill the "spirit’ of its nuclear deal with world powers, the European Commission signed the first ever project for nuclear safety cooperation with Iran, under the framework of the Joint Comprehensive Plan of Action (JCPOA). EU-Iran relations have been through different stages and most recently, over the last decade, conditioned by the international dispute over Iran’s nuclear programme, and the consequent sanctions regime that was in place against Iran

IENE Convenes One Day Conference on Energy Investments, Employment and Exports in co-operation with the Athens Chamber of Commerce & Industry and the Panhellenic Exporters Association

Δευ, 24 Απριλίου 2017 - 19:21

Greece’s energy and banking sector, as well as the country’s business community, are expected to participate en masse in this one-day conference jointly convened by the Institute of Energy for SE Europe (IENE), the Athens Chamber of Commerce & Industry (ACCI) and the Panhellenic Exporters Association (PEA), on “Energy: Investments, Employment and Exports”, to be held in Athens on April 26, 2017

Turkey Publishes Deadline for YEKA Project Wind Offers

Πεμ, 13 Απριλίου 2017 - 18:32

The deadline for submission of investors' final offers for Turkey's Wind Renewable Energy Resources Area Project (YEKA) is set as July 27, according to the announcement in Turkey's Official Gazette

IEA Says Global Oil Market Nears Balance Even As Stocks Rise

Πεμ, 13 Απριλίου 2017 - 18:31

Global demand for oil is finally close to outstripping supply after nearly three years of surplus production, despite growth in the overhang of unused crude, the International Energy Agency said on Thursday. The agency said oil stocks across the Organization for Economic Cooperation and Development (OECD) fell by 17.2 million barrels in March. Over the first three months of the year, stocks were up by 38.5 million barrels, or 425,000 barrels per day (bpd), after a large increase in January