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UN Says Iran Committed to Nuclear Deal

UN Says Iran Committed to Nuclear Deal

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

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

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

Russia Soon to Ratify Turkstream Natural Gas Pipeline

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

World Bank, Serbian Government Discuss Srbijagas Restructuring

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

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

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

Energean Secures Exploitation License for Greek Offshore Field

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

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

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

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

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

EU Clears Czech Renewable Energy Support Scheme

EU Clears Czech Renewable Energy Support Scheme

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

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

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

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

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