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EU Clears Acquisition of General Electric-Rosneft Joint Venture

EU Clears Acquisition of General Electric-Rosneft Joint Venture

The European Commission said on April 6 it approved under the EU Merger Regulation the acquisition of joint control over a joint venture based in Russia by the US’ General Electric Company (GE) and Rosneft Oil Company, through its subsidiary Sibintek LLC, both of Russia

IENE Special Event Outlined the Electricity Market Transition in Greece and Europe

IENE Special Event Outlined the Electricity Market Transition in Greece and Europe

In view of the ongoing developments at European and country level, IENE decided to organize an in-depth discussion on Greece’s electricity market, currently in transition and how this relates to European developments. Hence, on March 28, IENE convened in Athens a special afternoon colloquium, under the title "The Electricity Market in Transition – Latest Developments in Greece and Europe”

Four Countries Plan to Boycott the Summit in Sofia about the Western Balkans

Four Countries Plan to Boycott the Summit in Sofia about the Western Balkans

Four countries are about to boycott the summit for the Western Balkans in Sofia on May 17th. Integration of the Western Balkans into the EU is a key priority of the Bulgarian EU Council Presidency and such a boycott is a challenge to Bulgarian diplomacy, according to commentators

Erdogan, Putin Break Ground for Nuclear Power Plant

Erdogan, Putin Break Ground for Nuclear Power Plant

President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin attended the groundbreaking ceremony of Akkuyu Nuclear Power Plant via a video conference call from the Presidential Complex in the capital Ankara on Tuesday. Prior to the groundbreaking ceremony, Erdogan welcomed Putin with an official ceremony in the capital

US’ EPA Says Obama-era Emissions Standards for Cars Too High

US’ EPA Says Obama-era Emissions Standards for Cars Too High

Heightening the tension between the administration of US President Donald Trump and the State of California, Environmental Protection Agency (EPA) chief Scott Pruitt is expected to announce the completion of a Midterm Evaluation (MTE) process for greenhouse gas (GHG) emissions standards for cars and light trucks for 2022-2025 models

Bulgaria: There will be no Change in the Price of Heating from April 1

Bulgaria: There will be no Change in the Price of Heating from April 1

There will be no change in the price of heating from 1 April. This was announced by the Chairman of the Commission for Energy and Water Regulation Ivan Ivanov on the expected increase in the price of gas from next month. The final decision of the regulator will be taken on Friday

Italy Installed 60 MW of Solar in First Two Months of 2018

Italy Installed 60 MW of Solar in First Two Months of 2018

Italy added around 60.1 MW of new PV installations in the first two months of this year, up 17% from 51 MW in the same period a year earlier, according to provisional numbers released by the Italian renewable energy association, Anie Rinnovabili, which are based on data provided by the country’s grid operator, Terna

IENE to Organize Athens Colloquium on March 28 to Discuss Latest Electricity Market Developments in Greece and Europe

IENE to Organize Athens Colloquium on March 28 to Discuss Latest Electricity Market Developments in Greece and Europe

The European Union, through coordinated efforts, has over the last few years been promoting the creation of an integrated electricity market. At the same time, the EU targets for the reduction of greenhouse gas emissions have lead to the radical transformation of the power sector; thus, both electricity markets and networks are in transition

EDF Eyeing Hydropower Projects in Serbia - Energy Minister

EDF Eyeing Hydropower Projects in Serbia - Energy Minister

Serbia's energy minister Aleksandar Antic said French state-run utility companyElectricite de France(EDF) has expressed serious interest in participating in the development of hydropower projects in his country

Aramco Public Listing Only in Saudi Tadawul

Aramco Public Listing Only in Saudi Tadawul

The world's biggest oil company Saudi Aramco's initial public offering (IPO) will only take place in Saudi Arabia's stock exchange next year, Tedawul, while any listing in foreign markets may not occur, according to a report by the Wall Street Journal on Monday

Greece: Cycladic Islands Hook up to the Mainland Power Grid

Greece: Cycladic Islands Hook up to the Mainland Power Grid

As of last Thursday, March 8, the power supply on the Aegean islands of Paros, Antiparos, Naxos, Koufonissi, Schinoussa, Iraklia, Ios, Sikinos and Folegandros comes directly from the mainland grid via an underwater cable from Lavrio in southern Attica

10 Candidates Want to Make the Pipes For the Bulgaria - Greece Interconnector

10 Candidates Want to Make the Pipes For the Bulgaria - Greece Interconnector

10 are the applications for participation in the procedure for production and supply of pipes for the needs of the gas connection Bulgaria - Greece. This was made clear before the public session, which will open the submitted applications for participation in the limited procedure for "Production and supply of pipes for the needs of the interconnector Greece-Bulgaria", FOCUS reported

Oil Markets Nervous After Tillerson Sacked, McMaster on his Way Out

Oil Markets Nervous After Tillerson Sacked, McMaster on his Way Out

The firing of US Secretary of State Rex Tillerson and if President Donald Trump removes H.R. McMaster as national security adviser could impact major hydrocarbon producers Iran, Saudi Arabia, and Russia, leading to a boost in crude oil prices

Onshore Wind: Cheapest Electricity Source by 2050

Onshore Wind: Cheapest Electricity Source by 2050

Onshore wind power looks set to become the most economical source of electricity by 2050, with grid-scale solar power contributing with its increased competitiveness, according to BP's Technology Outlook 2018 report published on Thursday