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This year’s «Energy and Development» Conference Attracted Record Participation

This year’s «Energy and Development» Conference Attracted Record Participation

More than 280 registered delegates participated in the annual "Energy and Development 2015” conference organized by IENE in Athens last week (November 11 and 12). Apart from its high participation, the conference proved a huge success as it attracted several high level speakers from Greece and abroad, from both government and industry but also from academia

Turkey, Russia Will Speed up Work on Nuclear Power Plant

Turkey, Russia Will Speed up Work on Nuclear Power Plant

Turkey will speed up work to overcome regulatory hurdles that have delayed its first nuclear power plant project, planned to be built by Russia, Energy Minister Ali Rıza Alaboyun told Reuters on Nov. 16, adding that they still aim for it to become operational by 2022

US Warplanes Strike Daesh Oil Trucks

US Warplanes Strike Daesh Oil Trucks

United States warplanes for the first time attacked hundreds of trucks on November 16 that Daesh also known as ISIS or ISIL has been using to smuggle the crude oil it has been producing in Syria in an effort to curtail the extremist group’s income

British Nightmare Worsens for Germanys RWE

British Nightmare Worsens for Germany's RWE

Weakness at RWE's British business npower continued to eat into the German utility's profits, prompting investors to dump shares in a company already struggling with a structural crisis at home

Russia, Kuwait Ink LNG Deal

Russia, Kuwait Ink LNG Deal

Russian gas monopoly Gazprom and state-owned Kuwait Petroleum Corporation have signed a memorandum of understanding, agreeing to cooperate in liquefied natural gas (LNG), liquefied hydrocarbon gases (LHG) and other petrochemical projects, as well as in scientific, technical and investment areas

Saudi Strategy Pushes US Shale Oil off the Energy Market

Saudi Strategy Pushes US Shale Oil off the Energy Market

According to a report published by the International Energy Agency (IEA) on Tuesday, OPEC’s global market share in oil is poised to expand by 2020 as non-conventional oil producers are pushed out of the market. This baseline scenario envisages a 50$ a barrel price until 2017. Thereon, prices are likely to surge until they recover to $80 a barrel

Croatian Municipality to Receive €9.2 Million Loan for Waterworks

Croatian Municipality to Receive €9.2 Million Loan for Waterworks

The European Bank for Reconstruction and Development (EBRD) is supporting improvements to the wastewater network in the Croatian city of Sisak and neighbouring municipalities with a €9.2 million loan. The funds will be provided to Sisački vodovod, the local water supply and wastewater company, for the financing of the construction of a new wastewater treatment plant and upgrades and extensions to the municipal wastewater network

Turkey’s Potential in Wind Energy is Not Limited to Power Generation Only

Turkey’s Potential in Wind Energy is Not Limited to Power Generation Only

Turkey’s potential in wind energy is not limited to power generation only, according to the head of the country’s investment promotion agency, Arda Ermut. Speaking at the 4. Turkish Wind Energy Congress held in Ankara, the President of the Investment Support and Promotion Agency of Turkey (ISPAT) said that Turkey held the potential to become a hub for wind turbine manufacturing, the crucial element of a wind farm

IEA: Low Prices Should Give No Cause for Complacency on Energy Security

IEA: Low Prices Should Give No Cause for Complacency on Energy Security

An extended period of lower oil prices would benefit consumers but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers, or risk a sharp rebound in price if investment falls short, says the International Energy Agency (IEA) in the 2015 edition of itsflagshipWorld Energy Outlook publication(WEO-2015)

Thousands of Israelis Protest Against Gas Agreement

Thousands of Israelis Protest Against Gas Agreement

Demonstrators in Tel Aviv, Haifa and Jerusalem called the agreement with Delek Group and Noble Energy robbery. Last night, thousands of Israelis took part in demonstrations in Tel Aviv, Haifa, and Jerusalem, demanding a halt to the state's agreement with the gas exploration companies with Delek Group, controlled by Yitzhak Tshuva, and US company Noble Energy

Navigating the Energy Revolution

Navigating the Energy Revolution

For decades, the international energy landscape has been relatively stable, with producers like Saudi Arabia, Iran, and Algeria selling oil and gas to consumers in the United States and Europe. In a few years, however, the energy terrain is likely to be unrecognizable, as dramatic technological, economic, and geopolitical changes reshape commercial relationships worldwide