1. English Edition

English Edition

EU Clears Czech Renewable Energy Support Scheme

EU Clears Czech Renewable Energy Support Scheme

Δευ, 28 Νοεμβρίου 2016 - 18:45

The European Commission said on November 28 that it has approved a support scheme for installations producing renewable energy built in the Czech Republic between 2006 and 2012 under EU state aid rules

IEA’s World Energy Outlook 2016 Sees Broad Transformations in the Global Energy Landscape

IEA’s World Energy Outlook 2016 Sees Broad Transformations in the Global Energy Landscape

Τετ, 16 Νοεμβρίου 2016 - 17:32

As a result of major transformations in the global energy system that take place over the next decades, renewables and natural gas are the big winners in the race to meet energy demand growth until 2040, according to the latest edition of the World Energy Outlook, the International Energy Agency's flagship publication

In Greece, Obama Sees Prospects for Cyprus Settlement

In Greece, Obama Sees Prospects for Cyprus Settlement

Τετ, 16 Νοεμβρίου 2016 - 17:31

Outgoing US President Barack Obama and Greek Prime Minister Alexis Tsipras sounded an optimistic note over resolving the decades-long Cyprus issue, which could open new energy corridors in the Eastern Mediterranean

Bulgaria and Romania Launch Gas Pipeline

Bulgaria and Romania Launch Gas Pipeline

Δευ, 14 Νοεμβρίου 2016 - 17:42

Bulgaria and Romania started opened a new natural gas pipeline on Friday as part of Sofia’s efforts to reduce dependence on Russian gas. The 25-km pipeline, which runs under the Danube River and can operate in either direction, will allow Bulgaria to import gas from Europe

Total to Make Comeback to Irans Energy Industry

Total to Make Comeback to Iran's Energy Industry

Δευ, 14 Νοεμβρίου 2016 - 17:40

French oil and gas company Total will return to Iran through an agreement with the National Iranian Oil Company (NIOC) for the development of phase 11 of the South Pars gas field in the Persian Gulf, according to the French company

Romanias Nuclearelectrica to Reconnect NPP Unit 1 to Power Grid on Nov 12

Romania's Nuclearelectrica to Reconnect NPP Unit 1 to Power Grid on Nov 12

Παρ, 11 Νοεμβρίου 2016 - 18:41

Nuclearelectrica [BSE:SNN], the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Friday it will reconnect the plant's Unit 1 to the power grid in the morning of November 12. On November 9, Nuclearelectrica said it had to disconnect the unit from the grid due to damage to a power line caused by bad weather

Anti-OPEC Trump Wild Card for Oil Prices

Anti-OPEC Trump Wild Card for Oil Prices

Παρ, 11 Νοεμβρίου 2016 - 18:40

Donald Trump’s victory in the US presidential election means his administration is likely to focus on domestic oil projects, leading to a prolonged period of lower oil prices. "Most likely under a Trump administration there will be less regulation,” Fadel Gheit, a senior energy analyst at Oppenheimer in New York, told New Europe by phone on November 9, adding that the oil industry is very heavily regulated in the US, including environmental impact laws

Seven Donald Trump Policies that Could Change the US

Seven Donald Trump Policies that Could Change the US

Παρ, 11 Νοεμβρίου 2016 - 18:37

Donald Trump’s stunning victory in Tuesday’s US presidential election sets the stage for a series of radical policy reversals both at home and abroad. A Trump presidency could scupper some of Barack Obama’s signature achievements, including Obamacare, climate change policy and the nuclear deal with Iran. Democratic hopes of shaping the Supreme Court for a generation would be dashed; a markedly more conservative court is now likely. Foreign policy could also undergo a dramatic shift

Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub

Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub

Παρ, 4 Νοεμβρίου 2016 - 18:47

Bulgartransgas EAD and eustream a.s will work towards improving the security of natural gas deliveries in Central and Southeastern Europe and the implementation of the infrastructure projects – gas hub Balkan and gas pipeline Eastring, reported Bulgaria’s Energy Ministry

Low Gas Prices Clog Pipeline Projects, Eastmed’s Leviathan

Low Gas Prices Clog Pipeline Projects, Eastmed’s Leviathan

Παρ, 4 Νοεμβρίου 2016 - 18:45

Low gas prices have a limited effect on the planning of major pipeline projects, including plans to export gas from the East Mediterranean, DEPA CEO Theodoros Kitsakos said. He was responding to a question from New Europe at a Russian-Greek forum in Athens on November 2 on whether low gas prices could affect the development of gas projects, including the EastMed pipeline

Gazprom Deputy CEO Says Risk for Gas Transit to Europe Via Ukraine Very High

Gazprom Deputy CEO Says Risk for Gas Transit to Europe Via Ukraine 'Very High'

Παρ, 4 Νοεμβρίου 2016 - 18:44

Risk for natural gas transit to Europe via Ukraine is high due to short filling of underground gas storages (UGS), Deputy Chief Executive Officer of the Russian gas holding Alexander Medvedev said on Wednesday in an interview with Rossiya 24 TV Channel. "The risk of transit problems is very high this year due to insufficient gas in underground storages because more than 3 bln cubic meters were not injected, even comparing with the last year," Medvedev said

Lavrov Says Cyprus Deal Must Be Mutually Acceptable

Lavrov Says Cyprus Deal Must Be 'Mutually Acceptable'

Πεμ, 3 Νοεμβρίου 2016 - 15:54

Russia’s foreign minister said Wednesday it was essential for United Nations Security Council decisions to be implemented in the Cyprus dispute. Sergey Lavrov spoke during a visit to Athens and said a deal "must be stable and mutually acceptable by the Turkish Cypriots and the Greek Cypriots”

Wood Mackenzie Expects Oil Market to Recover in 2017

Wood Mackenzie Expects Oil Market to Recover in 2017

Πεμ, 3 Νοεμβρίου 2016 - 15:53

The oil market will recover in the second half of 2017 irrespective of measures to be undertaken by the OPEC, UK-based consulting firm Wood Mackenzie told TASS on Thursday