English Edition

Finland Chills to Russian Gas, Will Connect to EU

Παρ, 13 Μαΐου 2016 - 19:47

Russia gas supplies to Finland have never been interrupted and the two countries share close relations but the Scandinavian country is planning to connect to the European Gas Network and create new gas market opportunities, Herkko Plit, Deputy Director General of the Energy Department at Finland’s Employment and Economy Ministry, told New Europe

IEA Forecast Sees Oil Glut Coming to an End Soon

Παρ, 13 Μαΐου 2016 - 19:42

The International Energy Agency said Thursday that higher than expected Iranian oil production has helped stabilize the global oil market by offsetting concerns generated by wildfires in Canada and violence in Nigeria

Renegade Libyan Oil Shipment Sets Sail at Behest of Splinter Government

Τετ, 27 Απριλίου 2016 - 19:14

The unrecognised government in eastern Libya has shipped its first cargo of crude oil in defiance of UN-backed authorities in the capital, Tripoli, in a move that could deepen the divisions that have brought chaos since the fall of Muammar Gaddafi

Germany Has Nuke Plant Firewall Against Terrorists

Τετ, 27 Απριλίου 2016 - 19:12

Germany is well prepared to protect its nuclear power plants against a terrorist attack, the former head of Germany’s BND foreign intelligence agency, told New Europe

Results of Doha Talks Are Not Encouraging for Russia — PM

Τετ, 27 Απριλίου 2016 - 19:10

The results of the negotiations in Doha are not encouraging, but Russia does not dramatize this, Prime Minister Dmitry Medvedev said

Saudi Reforms to Wean Kingdom Away From Oil by 2020

Δευ, 25 Απριλίου 2016 - 19:02

Saudi Arabia's Deputy Crown Prince Mohammed bin Salman announced a sweeping reform plan on Monday that he said would transform the kingdom into a global investment power and wean the world's top oil exporter off crude by 2020

Socar Turkey Appoints New CEO

Δευ, 25 Απριλίου 2016 - 18:29

Azerbaijan's state-run oil company Socar appointed Zaur Gahramanov as the company's Chief Executive Officer (CEO) for Turkey, the company announced on Monday

3rd IENE International Seminar on Energy & Shipping Focused on Key Energy and Maritime Issues

Παρ, 22 Απριλίου 2016 - 13:38

A number of prominent speakers from the oil and gas sector, from the shipping sector, international and business studies and maritime law from Greece and abroad participated in the "3rd International Seminar - Energy & Shipping”, which was jointly organized by the Institute of Energy for SE Europe (IENE) and the University of Piraeus (Master in Energy: Strategy, Law & Economics), and took place in Athens (Eugenides Foundation Conference Centre, Faliron) on April 20, 2016

Oil Market, Prices to Return to Balance by 2017: IEA

Πεμ, 21 Απριλίου 2016 - 18:01

International Energy Agency (IEA) chief Fatih Birol said he expects the oil market to come back into balance from oversupply by next year, providing there is no major economic downturn

First TAP Pipes Arrive in Albania

Πεμ, 21 Απριλίου 2016 - 18:00

The Trans Adriatic Pipeline AG (TAP) announced the arrival of the first steel line pipes and machinery for the construction of the Albanian section of the pipeline. The occasion was marked by a ceremony in the Main Marshalling Yard of TAP, in the vicinity of Durrës

Saudi Arabia Lays Down its Condition for Signing Oil Production Freeze Agreement

Πεμ, 21 Απριλίου 2016 - 17:07

Saudi Arabia has made it a condition for oil production freeze agreement that all OPEC members and large oil producing countries should take part in it, Russia’s Energy Minister Alexander Novak said on Wednesday

Delek Drilling, Avner in Merger Talks

Τετ, 20 Απριλίου 2016 - 20:16

Delek Drilling and Avner Oil and Gas, gas exploration partnerships that are units of Delek Group Ltd. (TASE: DLEKG), controlled by Yitzhak Tshuva, notified the Tel Aviv Stock exchange on Friday that the general partners in the two companies had held discussions on a possible merger