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Gazprom Boosts Daily Gas Exports to Europe to Record Levels

Πεμ, 29 Δεκεμβρίου 2016 - 17:42

Russian gas monopoly Gazprom in November set absolute daily records of natural gas supplies to Europe overpassing the previous records, which were established during the bitter frosts of January 2008, Gazprom Export’s Blue Fuel Newsletter reported in its December issue

Turkish Stream Crosses Choppy Waters

Πεμ, 29 Δεκεμβρίου 2016 - 17:42

In the second half of 2017, the world’s most modern pipe-laying barge will lay the first string of the Turkish Stream pipeline across the Black Sea from Russia to Turkey

Europe Recovers in Renewable Energy Country Attractiveness Index

Τετ, 28 Δεκεμβρίου 2016 - 17:44

Europe is recovering lost ground in the Renewable energy country attractiveness index – RECAI – compiled by Ernst & Young, while Greece remained at the 40th place of the index once again, EY said its latest six-month report

Total Buys 23% Share in US Tellurian Group for $207 Mln

Τρι, 20 Δεκεμβρίου 2016 - 17:50

French Total acquired approximately 23 percent of the U.S. group Tellurian at $5.85 per share for $207 million, the company announced on Tuesday

EBRD, EIB Offer EUR 92 Mln for Romania-Moldova Gas Pipe

Τρι, 20 Δεκεμβρίου 2016 - 17:49

The European Union, the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB) have offered a funding package of EUR 92 million for the construction of a gas pipeline from Romania to Moldova in order to strengthen Moldova’s energy security

Meps Call For a Stronger EU Carbon Market

Τρι, 20 Δεκεμβρίου 2016 - 17:48

On December 15, the European Parliament’s Environment Committee gave a boost to plans to increase greenhouse-gas emission curbs through the EU carbon market (EU ETS). MEPs propose reducing the carbon credits to be auctioned by 2.4% each year, and doubling the capacity of the market stability reserve (MSR) to absorb the excess of allowances on the market

Russia’s EU Envoy Says Second Line of Turkish Stream Has Good Potential

Δευ, 19 Δεκεμβρίου 2016 - 18:25

The second line of the Turkish Stream natural gas pipeline has good potential, Russia’s Permanent Representative to the European Union Vladimir Chizhov said Monday

2017 to Be Stable Year for Gas and Oil: Wood Mackenzie

Δευ, 19 Δεκεμβρίου 2016 - 18:25

Next year will be a year of stability and opportunity for global oil and gas, according to research and consulting firm Wood Mackenzie on Monday. Wood Mackenzie's global corporate outlook for 2017 forecasts that both industries will turn cash flow positive for the first time since the downturn in the oil sector, if OPEC production cuts drive oil prices over $55 per barrel

UN Says Iran Committed to Nuclear Deal

Δευ, 19 Δεκεμβρίου 2016 - 18:24

The United Nations atomic energy watchdog chief, Yukiya Amano, told reporters in Tehran on December 18 that Iran has shown full commitment to an internationally-backed deal on its nuclear programme. His statement follows Iran’s decision to start working on nuclear-powered vessels and complaints over the US disrespect for the deal

IENE Organized Advance Presentation of its «South East Europe Energy Outlook 2016 - 2017» at the Ministry of Foreign Affairs in Athens

Τετ, 14 Δεκεμβρίου 2016 - 19:40

The Institute of Energy for SE Europe (IENE) staged today a special event to present its recently completed major study «South East Europe Energy Outlook 2016 - 2017» (SEEEO 2016-2017). The presentation took place at the Giannos Kranidiotis auditorium in the Greek Ministry of Foreign Affairs, in Athens, to a selected group of senior business executives, energy experts, foreign diplomats, as well as IENE members and associates and contributors to the SEEEO 2016-2017. Greece’s PPC, DEPA, IGI Poseidon, ADMIE and EnSCo were the event sponsors

Russia Soon to Ratify Turkstream Natural Gas Pipeline

Παρ, 2 Δεκεμβρίου 2016 - 19:58

The Russian government will submit the agreement on the TurkStream project between Russia and Turkey to the Russian parliament for ratification, according to Leonid Slutksy, chairman of the State Duma Committee for International Affairs on Friday

World Bank, Serbian Government Discuss Srbijagas Restructuring

Παρ, 2 Δεκεμβρίου 2016 - 19:57

Serbia’s Prime Minister Aleksandar Vucic met on November 30 with a World Bank delegation, led by Vice President for Europe and Central Asia Cyril Muller, to discuss plans for the structural reform of public enterprises, including Srbijagas

Greek Government Puts an End to Ill-Fated Privatization of DESFA

Παρ, 2 Δεκεμβρίου 2016 - 19:56

In a much anticipated move the Ministry of Environment and Energy announced late on Wednesday evening (30/11) that it had terminated negotiations with preferred bidder Socar for the sale of 66% of Greece's independent gas operator, DESFA

Energean Secures Exploitation License for Greek Offshore Field

Τρι, 29 Νοεμβρίου 2016 - 18:56

The Greek Energy Ministry and Energean Oil & Gas have agreed the conversion of the exploration license for the proven West Katakolon offshore field to a 25-year exploitation license with immediate effect, Greece’s independent oil and gas exploration and production company said in a press release

Gamesa Wins Supply Agreement for 155 MW for a Terna Energy Wind Farm in the United States

Τρι, 29 Νοεμβρίου 2016 - 18:54

Gamesa, a global leader in wind energy, has entered into an agreement with Terna Energy for the supply of 74 of its G114-2.1 MW turbines (155 MW) at a wind complex being developed in Texas, in southern United States. This order is included in the third-quarter order intake figure already disclosed, which amounted to 1.090 MW

OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

Δευ, 28 Νοεμβρίου 2016 - 18:48

Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut. Then take a deep breath. In December 2008,as oil demand and prices slumped during the global financial crisis, the Organization of Petroleum Exporting Countries, announced a record output reduction