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Greek Poseidon, US Noble to Cooperate in East-Med

Greek Poseidon, US Noble to Cooperate in East-Med

Παρ, 10 Ιουνίου 2016 - 14:58

Greek energy company IGI Poseidon signed a cooperation agreement with U.S. Energy Company Noble for feasibility work and viability assessment for a pipeline in the east Mediterranean, the company announced late on Thursday

Putin, Netanyahu Talk Economic Ties, Energy

Putin, Netanyahu Talk Economic Ties, Energy

Παρ, 10 Ιουνίου 2016 - 14:56

Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu, during the latter’s visit to Moscow on June 7, discussed current issues of bilateral cooperation, including the further strengthening of trade and economic cooperation, especially energy ties

IEA Sees Major Shifts in Global Gas Trade Over Next Five Years

IEA Sees Major Shifts in Global Gas Trade Over Next Five Years

Παρ, 10 Ιουνίου 2016 - 14:54

The next five years will bring a reshaping of the global gas trade, theInternational Energy Agency (IEA) said Wednesday in its 2016Medium-Term Gas Market Report. New liquefied natural gas (LNG) supplies are coming online just as demand growth in some major markets weakens, resulting in major shifts in global gas trade patterns. A weak outlook for Japan and Korea – the world’s top two LNG buyers - means that new supplies will need to find other markets. China, India and ASEAN countries will emerge as key buyers

OPEC Not Unified on Oil Supplies, Prices

OPEC Not Unified on Oil Supplies, Prices

Παρ, 3 Ιουνίου 2016 - 18:44

Members of the Organization of Petroleum Countries (OPEC) at a meeting in Vienna on June 2 failed to show a unified stance to take measures that would influence crude supplies and prices. They noted, however, they were satisfied that prices had recovered after they bottomed out earlier this year

Gazprom Raises Gas Export to UK by 91.5% in January-May

Gazprom Raises Gas Export to UK by 91.5% in January-May

Πεμ, 2 Ιουνίου 2016 - 15:22

Russia's gas giant Gazprom raised natural gas export to the United Kingdom by 91.5% to 3.85 billion cubic meters in the first five months of the year, Gazprom CEO Alexei Miller told reporters on Wednesday

EU Parliament Starts Debating More Carbon-Market Cuts

EU Parliament Starts Debating More Carbon-Market Cuts

Πεμ, 2 Ιουνίου 2016 - 15:20

Legislative work on the post-2020 overhaul of Europe’s carbon emissions market has been launched by a proposal in a draft report tabled in the European Parliament by MEP Ian Duncan. The law, which proposes to adjust the Emissions Trading System (ETS) to EU climate goals for 2030, needs majority backing in the parliament and weighted majority support from national governments to take effect

Oil Futures Trade Flat as Market Awaits OPEC Decision

Oil Futures Trade Flat as Market Awaits OPEC Decision

Πεμ, 2 Ιουνίου 2016 - 15:19

Oil prices held broadly steady on Thursday, set for their third week of gains, ahead of an OPEC meeting that analysts said was not expected to result in restrictions on crude output

Bulgarian PM Discussing Gas Link, Border Protection with Greek Foreign Minister

Bulgarian PM Discussing Gas Link, Border Protection with Greek Foreign Minister

Τετ, 1 Ιουνίου 2016 - 16:36

Diversification of sources and routes of natural gas supply is among the top priorities of Bulgaria’s government, Prime Minister Boyko Borisov has said at a meeting with Greek Foreign Minister Nikos Kotzias.Therefore, the construction of gas interconnectors with neighbouring countries and Greece in particular is of key importance for Bulgaria,Borisov has said, referring to the pipeline that would link the gas transmission systems of the two southeast European neighbours