English Edition

Iraqi-Kurdish Battles Send Oil Prices Gushing, Retreating

Δευ, 23 Οκτωβρίου 2017 - 16:11

Oil prices surged from October 13 through October 18 as fighting between Iraqi and Kurdish forces intensified, threatening supplies from northern Iraq, while markets await changes from US Congress on sanctions targeting Iran demanded by US President Donald Trump to stave off a US withdrawal from the deal

IEA: Market Flexibility Is Improving Thanks to LNG, But Gas Security Remains A Concern

Δευ, 23 Οκτωβρίου 2017 - 16:09

While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalised and interdependent markets is creating new security challenges, according to the International Energy Agency's latest assessment of global gas security

Akkuyu Nuke Co Gets Build Permit for Non-Nuclear Const.

Παρ, 20 Οκτωβρίου 2017 - 18:06

Turkey's first nuclear power plant in the southern Turkish province of Mersin is making headway with the issuance of a Limited Construction Permit (LCP) to build non-nuclear structures, according to a statement on Friday

Gazprom Board Adopts Cost Reduction Programme for 2017

Παρ, 20 Οκτωβρίου 2017 - 18:05

The Gazprom Board of Directors approved on October 18 the revised investment program, budget (financial plan) and cost optimization (reduction) programme for 2017, the Russian gas monopoly said. The key figures of the investment programme did not change compared to the version approved by the Gazprom Management Committee in September this year, Gazprom said

Greece’s Energean Announces First Results Offshore Montenegro

Παρ, 20 Οκτωβρίου 2017 - 18:04

On October 19, Greece’s Energean Oil & Gas announced the first Competent Persons Report (CPR) for its assets offshore Montenegro, compiled by Netherland Sewell & Associates (NSAI), detailing the recoverable gas and liquids resource estimates in respect to Energean’s 100% interest in blocks 4218-30 and 4219-26

Serbia's Largest Wind Farm to Receive €215 Mln. Loan

Τετ, 18 Οκτωβρίου 2017 - 17:10

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are providing a €215 million loan to Serbia's largest wind farm, the Cibuk 1 wind farm, the EBRD said Tuesday. The 158-megawatt (MW) Cibuk 1 wind farm, at a cost €300 million, is also the largest wind farm in the Western Balkans to date, the bank said

Baghdad Asks BP to Update Kirkuk Oil Fields in N. Iraq

Τετ, 18 Οκτωβρίου 2017 - 17:09

The Iraqi government asked BP to develop oil fields in Kirkuk in northern Iraq which came under the central government's control on Tuesday, a statement from Iraq's oil ministry said on Wednesday

Trump, Tsipras See Greek Role in EU Energy Security

Τετ, 18 Οκτωβρίου 2017 - 17:08

US President Donald Trump hailed Greece’s contribution to EU energy security, following a meeting with Greek Prime Minister Alexis Tsipras at the White House on October 17. Trump was referring to projects that enhance the transportation of gas, essentially lessening the European Union’s reliance on Russia and open up the possibility of Greece becoming a customer for future US exports of liquefied natural gas

ENI Wraps Up Sale of a 30% Stake in Egyptian Field to Rosneft

Τρι, 17 Οκτωβρίου 2017 - 18:18

ENI has said the Italian energy major has finalised the sale of a 30% stake in the Shorouk concession, where the super-giant Zohr gas field is located, to Russian state oil giant Rosneft

6 Killed in Mine Collapse in Turkey's Sirnak Province

Τρι, 17 Οκτωβρίου 2017 - 18:17

Six workers were killed in a coal mine in Turkey's southeastern province of Sirnak on Tuesday According to local sources on the scene, two workers were also injured while some workers may still remain trapped in the wreckage

Iraqi Troops Advance on Kurdish-Controlled Oil Fields in Kirkuk

Τρι, 17 Οκτωβρίου 2017 - 18:13

Oil fields and a military base held by Kurdish forces near the city of Kirkuk have been captured by Iraqi forces. On October 16, Iraqi security forces and allied Shiite militia clashed with Kurdish peshmerga forces around Kirkuk, an oil-rich area at the heart of disputes between the two sides

EU Clears the Acquisition of Inver by Greenergy

Τρι, 17 Οκτωβρίου 2017 - 18:09

The European Commission said on October 16 that the EC has approved, under the EU Merger Regulation, the acquisition of Inver Energy Limited of Ireland by Greenergy International Limited of the UK

TAP Pipe Deliveries Complete to Albania, Greece and Italy

Δευ, 16 Οκτωβρίου 2017 - 19:53

On 10 October 2017, the last shipment of steel line-pipes for the construction of the Trans Adriatic Pipeline (TAP) arrived in Thessaloniki, Greece, marking the completion and final delivery of all line-pipes to TAP’s host countries. The transport of 55,000 TAP pipes and bends was completed in approximately one year and a half. The first pipes arrived in Durrës, Albania in April 2016 and deliveries to Greecestarted one month later, in May 2016