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Enel to Invest 329 Mln Euro in Romania in 2017-2018

Τρι, 28 Μαρτίου 2017 - 16:10

Italian utility company Enel said on Friday that it plans to invest 329 million euro ($356 million) in Romania in the period 2017-2018. Enel plans to invest 151 million euro in 2017, mainly in its distribution operations, while next year it plans to put in 178 million euro in network upgrades, the company said in a press release

China, S. Arabia Ink Strategic Cooperation Agreement

Τρι, 28 Μαρτίου 2017 - 16:07

China Petrochemical Corporation, Sinopec Group and Saudi Arabia Basic Industries Corporation (SABIC) inked a strategic agreement on March 16, which the Chinese company announced on Monday

China’s LNG Imports Continue to Rise

Πεμ, 23 Μαρτίου 2017 - 19:30

China, world’s largest energy consumer and the third-biggest LNG importer, boosted its imports of the chilled fuel in February by 28.5 percent year-on-year

EU Sees Transport Investment Opportunities in Bulgaria

Πεμ, 23 Μαρτίου 2017 - 19:29

European Union Transport Commissioner Violeta Bulc will discuss transport investment in the Balkan country on March 23-24, during a conference in Sofia, which brings together public and private institutions involved in transport financing and planning

North Sea Provides Strong Tail Winds to Climate Change Fight

Πεμ, 23 Μαρτίου 2017 - 19:29

The North Sea Wind Power Hub stands out as part of the development of offshore wind energy and interconnectivity in the region, European Commission Vice-President for Energy Union Maroš Šefčovič said ahead of the very first North Seas Energy Forum on March 23

Gazprom Changes Policy Over Natural Gas Deliveries to Bulgaria

Τρι, 21 Μαρτίου 2017 - 18:13

Moscow and Brussels shook hands in agreement to fundamentally change the gas policy of Russia in relation to certain former satellite countries to the Soviet Union, now part of the EU, according to BNR

Cañete Focuses on German Transition to Renewables, Energy Efficiency

Τρι, 21 Μαρτίου 2017 - 18:12

European Union Climate Action and Energy Commissioner Miguel Arias Cañete visited Berlin on March 20 to participate in the 2017 edition of the Berlin Energy Transition Dialogue, the Commission said

March 30-31: IENE Conference on «Oil Refining, Storage and Retail in SE Europe» in Thessaloniki

Τρι, 21 Μαρτίου 2017 - 18:10

The "Oil Refining, Storage and Retail in SE Europe” conference is convened by the Institute of Energy for SE Europe (IENE) as part of its regional remit and in the context of its "SE Europe Energy Dialogue” initiative. The conference will take place in Thessaloniki, on March 30-31, 2017, and will be held at the Met Hotel where IENE has organized many similar events

Croatia's INA, HEP Strike Gas Supply Deal

Παρ, 10 Μαρτίου 2017 - 17:26

Croatian oil and gas company INA [ZSE:INA-R-A] said on Thursday it has struck a gas supply deal for 2017/2018 with state-owned power utility HEP. Between April 1 this year and April 1, 2018, INA will deliver 500 million cubic metres of gas to HEP, INA said in response to a SeeNews inquiry

MEP Calls on EU Commission to Prevent Palm Oil-Related Deforestation

Παρ, 10 Μαρτίου 2017 - 17:25

The European Commission needs to take measures to promote the responsible cultivation of palm oil and phase out its use for biofuels, Czech MEP Kateřina Konečná said. The environment committee votes on her report on 9 March

Kazakhstan Approves New Cost of Transporting Russian Oil

Πεμ, 9 Μαρτίου 2017 - 17:54

Kazakhstan’s Energy Ministry has approved for the period 2017-2018 the cost of transporting Russian oil in the volume of up to 10 million tonnes per year through the territory of Kazakhstan to China in the amount of $11 36 cents for 1 tonne without VAT, the press- service of national company KazTransOil reported on March 9

Negotiations with Selected Bidders for Blocks 6, 8 and 10 Completed

Πεμ, 9 Μαρτίου 2017 - 17:53

Cyprus has successfully completed negotiations with the selected bidders for the licensing of blocks 6, 8 and 10 in its Exclusive Economic Zone (ΕΕΖ), the Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis has said

Project Company for Bulgaria-Greece Gas Interconnector Has New Executive Director

Πεμ, 9 Μαρτίου 2017 - 17:52

The Board of Directors of the Bulgarian Energy Holding (BEH) decided to replace the executive director of ICGB AD company, the project company for the construction of the gas connector between Bulgaria and Greece, BEH said in a press release Wednesday. Valentin Hambarliev replaces Theodora Georgieva

Russia Ready to Attract Investor for Bulgaria's Belene N-Plant – Ambassador

Τρι, 7 Μαρτίου 2017 - 18:19

Moscow's Ambassador to Sofia has said Russia stands ready to renew construction of abandoned Belene nuclear power plant (NPP) project, but may also draw in an investor to work on it. In an interview with bTV station, Anatoly Makarov has said that Russiais not the only country eyeing the project in case Bulgaria is interesting in giving it another lease of life following the early election

Israel Cannot Substitute Russian Gas Supplies for Europe — Delek Drilling CEO

Τρι, 7 Μαρτίου 2017 - 18:18

"We can be an add-on for suppliers in Europe, we can supply European countries, but we are humble. We have to be humble here. Because while Russia supplies to Europe roughly 200 bln cubic meters per year, we are talking about an ability to supply maybe 10 to 20 bln cubic meters a year," Abu said

German Regulator Assures No Legal Obstacles for Nord Stream 2 Exist at EU Level

Τρι, 7 Μαρτίου 2017 - 18:17

German network regulator Bundesnetzagentur (the Federal Network Agency) sees no legal obstacles for the construction of the gas pipeline project Nord Stream-2, Frankfurter Allgemeine Zeitung wrote citing a letter of Bundesnetzagentur Head Jochen Homann