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ELPE and Energean Land Greek Gas Search Blocks

ELPE and Energean Land Greek Gas Search Blocks

Greece has awarded concessions to Hellenic Petroleum (ELPE) and Energean Oil & Gas for onshore gas exploration and exploitation in three fields in the west of the country, the Energy Ministry in Athens said on Thursday

Russia’s Oil Export Down 0.7% in Jan to 20.7 Mln Tonnes — Statistics

Russia’s Oil Export Down 0.7% in Jan to 20.7 Mln Tonnes — Statistics

Russia’s crude oil export equaled 20.71 mln tonnes in January 2015, a 0.7% or 903,400 tonnes decrease year-on-year, according to the documents published by the Central Dispatching Department of Fuel Energy Complex. Particularly, exports to CIS countries rose by 0.8% to 1.982 mln tonnes while supplies to non-CIS countries dropped by 0.9% to 18.728 mln tonnes

EU Parliament to Vote on New Emissions Test Rules

EU Parliament to Vote on New Emissions Test Rules

The European Parliament on February 3 is scheduled to vote on a new system for testing whether cars breach limits on dangerous nitrogen oxides (NOx). The plan is in response to the recent scandal involving German carmaker Volkswagen, which admitted to manipulating emissions test data

Greece to Decide on Three Gas Exploration Licences

Greece to Decide on Three Gas Exploration Licences

Greece will decide soon on the awarding of three onshore natural gas exploration licences in the west of the country in its second licensing round, Energy Minister Panos Skourletis said on Tuesday

Turkey Wins Gas Dispute Arbitration Case Against Iran

Turkey Wins Gas Dispute Arbitration Case Against Iran

The International Court of Arbitration has ruled against Tehran in the gas dispute between Ankara, officials from Turkey's Energy and Natural Resources Ministry told Anadolu Agency on Tuesday

Germany: Solar Installs Just 1.37 GW in 2015

Germany: Solar Installs Just 1.37 GW in 2015

In December, 3,371 new small and medium-sized solar PV plants, totaling 117.21 MW were registered with Germany’s Federal Network Agency. Together with 27.4 MW of ground-mounted systems, which were included in the register, 144.6 MW of solar PV was registered in the final month of 2015

France Supports Cancelling Sanctions on Russia

France Supports Cancelling Sanctions on Russia

French Finance Minister Emmanuel Macron hinted last week in Moscow that his country would support an end to sanctions when they come up for renewal in July this year."The objective we all share is to be able to lift sanctions next summer because the process has been respected”, Macron French newspaper Le Figaro. For sanctions to beextended beyond July, all members of the EU would have to agree

Kuwait to Set Up Company to Run Refinery Complex

Kuwait to Set Up Company to Run Refinery Complex

Kuwait's National Petroleum Company (KNPC) said on Sunday it will set up a new company to run its planned al-Zour refinery and petrochemical complex which, when built, will be the biggest in the Middle East

Greece, Cyprus, Israel Push EastMed, EuroAsia, LNG Projects

Greece, Cyprus, Israel Push EastMed, EuroAsia, LNG Projects

Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades, and Israeli Prime Minister Benjamin Netanyahu agreed in Nicosia on January 28 to strengthen cooperation between their three countries, “especially on energy as the discovery of hydrocarbons in eastern Mediterranean can be a catalyst for stability and partnership”

EU Signals Support for Schaeubles Petrol Tax Proposal: Magazine

EU Signals Support for Schaeuble's Petrol Tax Proposal: Magazine

European Commission Vice President Valdis Dombrovskis has suggested he was open to German Finance Minister Wolfgang Schaeuble's proposal for a special tax on petrol in EU member states to finance refugee-related costs

Wind Power: Siemens Wins 172MW in Ireland

Wind Power: Siemens Wins 172MW in Ireland

SSE has ordered 36 3MW turbines for the 108MW second of four phases making up the Galway Wind Park development in western Ireland. In July 2015, Siemens was contracted to supply 22 3MW turbines to the first phase of the site

Saudi Arabia Has No Plans to Negotiate Oil Production Cut with Russia

Saudi Arabia Has No Plans to Negotiate Oil Production Cut with Russia

The authorities of Saudi Arabia do not plan to hold talks with Russia regarding oil production cut, Saudi daily Al-Iktisadiya reported on Friday. "The announcement made yesterday [on Thursday] by the Energy Minister of the Russian Federation Alexander Novak about Saudi proposal to reduce production is incorrect," a source in the oil sector told the newspaper