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Turkey’s Gersan, Tesla to Build Electric-Charging Stations

Turkey’s Gersan, Tesla to Build Electric-Charging Stations

Turkey's Gersan Electricity, Trade and Industry A.S and Tesla Motors Netherlands B.V. (Tesla) signed an agreement to develop electricity-charging stations, Gersan said in a statement on Turkey's Public Disclosure Platform (KAP) late on Monday

Current Consumption of Energy in Bulgaria is Growing Faster than Production

Current Consumption of Energy in Bulgaria is Growing Faster than Production

The electricity consumption continues to grow at a faster pace than that of the production, according to the ESO operating data. Data shows that by the end of November the consumption of electricity increased by 4.2% on an annual basis to 36.3 million megawatt hours

Tillerson is Heading to Brussels Amid Reports of Imminent Dismissal

Tillerson is Heading to Brussels Amid Reports of Imminent Dismissal

US secretary of state Rex Tillerson is preparing to start today a diplomatic mission to Europe, days after reports surfaced of a White House plan to force him out. Tillerson is scheduled to attend NATO, EU, and OSCE meetings and to hold bilateral talks with Belgian and Austrian officials in Brussels and Vienna on December 5-7. He is also due to make a stop in Paris on December 8 for meetings with French officials

Italy: Solar Prices on Power Exchange Lower Than Reference Price in 2016

Italy: Solar Prices on Power Exchange Lower Than Reference Price in 2016

From zero to 100 MW in 60 days – Tesla’s impressive speed is not merely reserved for the electric vehicle (EV) sector. The U.S. firm, headed by doyen of the tech and entrepreneurial world Elon Musk, has today turned on the world’s largest battery in South Australia– some 40 days ahead of schedule

Gazprom: 200 Billion Cubic Metres of Gas Delivered via Nord Stream

Gazprom: 200 Billion Cubic Metres of Gas Delivered via Nord Stream

Russian gas monopoly Gazprom said on November 30 that the Nord Stream gas pipeline transmitted its 200 billionth cubic metre of gas from Russia to Germany via the Greifswald delivery point. "The Nord Stream gas pipeline is a high-profile pan-European infrastructure project, a stellar example of mutually beneficial and productive cooperation between Gazprom and its European partners,” Gazprom CEO Alexey Miller said

Agreement With Institutions on PPC Plants Expected by Friday, Says Energy Min Stathakis

Agreement With Institutions on PPC Plants Expected by Friday, Says Energy Min Stathakis

An agreement with the institutions on the PPC lignite plants that also safeguards jobs is expected to be officially concluded on Friday, Environment and Energy Minister George Stathakis said after a meeting with the heads of the institutions' missions in Athens on Tuesday, attended by Finance Minister Euclid Tsakalotos

EU Commission Probes Spain’s Support for Coal Power Plants

EU Commission Probes Spain’s Support for Coal Power Plants

The European Commission said on November 27 that the EC has opened an in-depth investigation to assess whether Spain’s “environmental incentive” for coal power plants is in line with EU State aid rules. At this stage, the Commission has concerns that the support has been used to implement mandatory environmental EU standards as regards sulphur oxide emissions, which applied to coal power plants at the time, the EC said in a press release

EU Parliament Sets Ambitious Green Energy Targets for Europe

EU Parliament Sets Ambitious Green Energy Targets for Europe

The European Parliament’s Industry and Energy Committee (ITRE) voted on November 28 to reduce energy consumption by 40% by 2030 at EU level. MEPs wanted to be more ambitious than the EU Commission, which had proposed a 30% reduction

Romanian State-Owned Gas Producer to Invest Over EUR 136 mln in Gas Storage Facility

Romanian State-Owned Gas Producer to Invest Over EUR 136 mln in Gas Storage Facility

Romanian state-owned gas producer Romgaz will invest over EUR 136 million in the gas storage facility in Sarmasel, Mures county, to increase its natural gas storage capacities. The facility will become operational in April 2024. The auction for the feasibility study will take place in February next year

Statoil Takes Over Operatorships in 2 Fields from Total

Statoil Takes Over Operatorships in 2 Fields from Total

Norway's Statoil will acquire French Total's equity stakes in two fields on the Norwegian continental shelf for around $1.45 billion as per an agreement between the two companies, Statoil announced on Monday. The Norwegian company said it would take over both operatorships in the Martin Linge field and Garantiana discovery

Mediterranean Energy Demand to Rise 46 Percent By 2030

Mediterranean Energy Demand to Rise 46 Percent By 2030

Achieving climate objectives are essential to manage Mediterranean energy security, the head of the Committee on Energy Efficiency and Renewable Energies at the Mediterranean Energy Observatory said on Thursday

Brazil is Third-Largest Oil Producer in Americas: EIA

Brazil is Third-Largest Oil Producer in Americas: EIA

Brazil's production of 3.24 million barrels per day (b/d) of petroleum and other liquids in 2016 has made it the world’s ninth-largest producer and the third-largest in the Americas behind the U.S. and Canada, U.S Energy Information Administration (EIA) said in a report on Wednesday

EU Ambassadors Endorse ETS Reform Deal with European Parliament

EU Ambassadors Endorse ETS Reform Deal with European Parliament

EU ambassador met on November 22 endorsing the provisional deal reached between the Estonian presidency and the European Parliament on November 9 on the reform of the EU emissions trading system (ETS) for the period after 2020. The agreed text will now be submitted to the European Parliament for approval, the Council said on November 22