English Edition

European Commission Concerned of Nord Stream-2 Impact on Ukraine’s Gas Transit — Official

Τρι, 5 Απριλίου 2016 - 19:10

The European Commission (EC) is concerned of Nord Stream-2 gas pipeline impact on stability of supplies to the European Union, the diversification strategy and Ukrainian gas transit, EC spokesperson Anna-Kaisa Itkonen said on Tuesday after meeting of EU Energy Commissioner Miguel Arias Cañete with Managing Director of Nord Stream AG Matthias Warning and Chairman of the Shareholders’ Committee of Nord Stream AG and former Chancellor of Germany Gerhard Schroeder

European Energy 'at a Critical Point': Former Greek Energy Minister

Τρι, 5 Απριλίου 2016 - 19:07

As minister for energy and the environment, Yannis Maniatis helped shape Greece’s energy policy, supported the European Union’s energy union and was instrumental in initiating contacts with other eastern Mediterranean countries to promote cooperation in the energy sector. Now a professor at Piraeus University, he talks to NGE about energy and European politics

Gazprom, OMV Link Assets, More in the Pipeline

Τρι, 5 Απριλίου 2016 - 19:07

Russia’s Gazprom CEO Alexey Miller and Austria’s OMV CEO Rainer Seele signed on April 1 in St Petersburg a number of documents aimed at further developing the strategic cooperation between the companies, including an asset swap, the Russian gas monopoly said in a press release

Six Companies Submit Offers to Use Bulgaria-Greece Gas Link

Δευ, 4 Απριλίου 2016 - 18:41

Bulgaria's government has received six indicative offers to use capacity of the gas interconnector that is to be built between Bulgaria and Greece, Energy Minister Temenuzhka Petkova has said

EPIAS to Open Spot Natural Gas Market at End of Year

Δευ, 4 Απριλίου 2016 - 18:41

The Turkish Energy Stock Market (EPIAS) will open a spot natural gas market within the year, Hasan Huseyin Savas, EPIAS general manager said Monday

The Oil Sector’s Corruption Factory in the Middle East

Δευ, 4 Απριλίου 2016 - 18:38

Unaoil is a Monaco-based company that Huffington Post has just called "the corruption factory.” The accusations on the company are specific and are based on a six month investigation documented with e-mails

Saudi Aramco CEO Says No Projects Cancelled, Khurais Ready in 2018

Παρ, 1 Απριλίου 2016 - 15:07

Saudi Aramco was continuing to work on both its upstream and downstream projects without any cancellations, with its Khurais scheme expected to come online in 2018, the chief executive of the state-owned oil giant said

Bulgarian Energy Regulator Approves 23% Cut in Q2 Wholesale Gas Prices

Παρ, 1 Απριλίου 2016 - 15:07

Bulgaria's energy regulator said on Thursday it has approved a 23.02% reduction in the regulated wholesale gas prices for the second quarter of the year

Oman-Iran Gas Pipeline Study Complete

Παρ, 1 Απριλίου 2016 - 15:07

The draft project report of the proposed Iran-Oman gas pipeline has been completed by the Iranian Offshore Engineering and Construction Company (IOEC), according to sources

Oil Price Falls After 'Disastrous' Saudi Supply Announcement

Πεμ, 31 Μαρτίου 2016 - 18:29

A bearish supply signal from Opec members Saudi Arabia and Kuwait saw the already waning oil price drop overnight and this morning. The two countries announced on Tuesday that they would be re-opening the jointly operated 300,000-barrels-per-day Khafji field, Reuters reports

Romania’s Hidroelectrica Starts Tender for Refurbishing Large Power Plant

Πεμ, 31 Μαρτίου 2016 - 18:26

Romania’s largest power producer Hidroelectrica will start next week the tender for refurbishing the Vidraru power plant. The investment is estimated at EUR 80 million, said Remus Borza, the company’s judicial administrator

China to Import 27 Mln Tonnes of Russian Oil in 2016 — Transneft

Πεμ, 31 Μαρτίου 2016 - 18:23

China has confirmed its readiness to import around 27 mln tonnes of Russian oil in 2016, Vice-President of Russia’s pipeline operator Transneft Sergey Andronov said on Thursday

Gazprom and E.ON Agree on Correction of Prices in Gas Supplies Contract

Τετ, 30 Μαρτίου 2016 - 15:36

Russian gas giant Gazprom and Uniper (a division of Germany’s E.ON) have agreed on ending the arbitration dispute and adjustment of prices in contracts for gas supplies in the coming years, Gazprom Export said in a statement on Tuesday

Global Gas Emissions Stalled for the 2nd Year in a Row as Renewable Energy Surged

Τετ, 30 Μαρτίου 2016 - 15:32

Global energy-related carbon dioxide emissions (CO2) – the largest source of man-made greenhouse gas emissions – stayed flat for the second year in a row, according to analysis of preliminary data for 2015 released by the International Energy Agency (IEA)

Low Liquidity, the Only Obstacle for Romania's BSE to Become Emerging Market

Τετ, 30 Μαρτίου 2016 - 15:31

The Romanian capital market meets all the criteria necessary to be promoted to emerging market status, except for liquidity, according to a recent assessment by FTSE Russell, the Bucharest Stock Exchange (BVB) announced on Tuesday, March 29

No Deal Between Romania’s Electricity Holding Electrica and Fondul Proprietatea Over Subsidiaries

Τρι, 29 Μαρτίου 2016 - 12:20

Romanian state-controled electricity holding Electrica (BVB ticker: EL) and investment fund Fondul Proprietatea (FP) have failed once again to reach an agreement on the fund’s minority holdings in Electrica’s subsidiaries