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Italy and Iran Deepen Economic Cooperation

Τετ, 5 Αυγούστου 2015 - 16:49

After the nuclear deal between Iran and the world powers, many EU countries immediately sought to deepen their economic ties with the Middle East country

Iran Can Join TANAP to Export Gas to Europe: Azerbaijan

Τετ, 5 Αυγούστου 2015 - 16:49

Azerbaijan invitesIran tojointheTrans-Anatolian Natural Gas Pipeline (TANAP) to export its natural gas to Europe, Azerbaijan'sMinister of Economic Development,Shahin Mustafayev, said Tuesday, according to Azeri Trend News Agency

129 Exploration Licenses Granted in Turkey 74 Licenses at Off-Shore and 55 On-Shore

Τρι, 4 Αυγούστου 2015 - 17:47

The 4th Exploration – Generation Sector Briefing Meeting (SCOUT Meeting), was organised by the Petroleum Platform Association (PETFORM) in Ankara, on Tuesday, 30 June 2015. Selami İncedalcı, the Director General of the State’s Petroleum Affairs, stated that as a result of the increased exploration applications for oil and natural gas, a total of 186 applications had so far been made in the period which began in June 2014

Russia Blamed Over Turkish Stream Delay

Τρι, 4 Αυγούστου 2015 - 17:47

Turkey's Energy Minister Taner Yildiz said Tuesday thatthe delay in theTurkish Stream project is due to factors from Russia. The pipeline project tocarry Russian gas to Europe, with Turkey as a transportation hub, was caused because the Russian side was late in deliveringthe coordinates for the construction route, Yildiz said

IENE’s Annual «Energy and Development» Conference to Focus on the Role of the Energy Sector in Revitalizing Greece’s Economy

Τρι, 4 Αυγούστου 2015 - 17:45

The Institute of Energy for SE Europe (IENE) is organizing, once again in Athens, its annual National Energy Conference "Energy and Development 2015” on November 11-12, 2015. This year’s conference will focus on "The Role of the Energy Sector in Revitalizing Greece’s Economy”

EU Hopes to Conclude Trade Pact With US Next Year

Τρι, 4 Αυγούστου 2015 - 17:43

It was initially meant to be finalised this year, but now EU negotiators aim rather to conclude the trade pact with the United States in 2016, which would be “an optimistic scenario”, EU Trade Commissioner Cecilia Malmstrom said on Tuesday

Obama to Unveil Tougher Climate Change Plan

Δευ, 3 Αυγούστου 2015 - 18:02

President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal industry supporters

Bulgaria: Energy Watchdog Head Refuses to Resign Despite Pressure from Businesses

Δευ, 3 Αυγούστου 2015 - 18:00

Bulgarian energy watchdog head has said he won't step down amid calls from employers' unions which have demanded his resignation over a hike in power prices for industrial consumers. Ivanov has insisted in an interview with private national NOVA TV channel that his agency, the Commission for Energy and Water Regulation (KEVR), abode by the law by adopting last week a "transparent, fair and public" decision" on power rates

Bosnia's Nestro Petrol Plans to Expand Network by Opening Mini Fuel Stations

Δευ, 3 Αυγούστου 2015 - 17:59

Bosnian fuel retailer Nestro Petrol plans to expand its network of petrol stations by launching the construction of seven self-service mini-stations in parking lots at several hypermarkets, Zarubezhneft’s deputy general director for downstream told SeeNews on Thursday.Zarubezneft is the owner of Optima Grupa, Nestro Petrol's parent company

Oil's Losing Streak at its Worst for the Year

Δευ, 3 Αυγούστου 2015 - 17:55

Aside for the Greek stock market, it was the price of oil that attracted the most attention on Monday morning with both the WTI and Brent closing in on their lowest price levels for the year

UK Awards 41 More Licences to Explore North Sea Oil And Gas

Παρ, 31 Ιουλίου 2015 - 16:03

The UK Oil and Gas Authority (OGA) has awarded 41 new licences to explore the UK Continental Shelf in the North Sea. The new licences are in addition to the 134 confirmed in late-2014, which bring the total to 175 licences to explore 353 blocks

EWEA: Offshore Wind Industry Sets Record Year for Installations in First Half of 2015

Παρ, 31 Ιουλίου 2015 - 15:59

In the first six months of 2015, the European offshore wind industry installed more new capacity than in any other year on record as several projects reached completion and deployment of larger turbines increased

Croatia: Marathon and OMV Hand Back Croatia Oil Exploration Licences

Παρ, 31 Ιουλίου 2015 - 15:58

Houston-based Marathon Oil and Austrian energy group OMV returned seven offshore oil and gas exploration licences to Croatia, an OMV spokesman said on Wednesday, as a slump in oil prices forces the oil industry to cut investment. Croatia, hoping to boost its oil and gas sector, had awarded the licences to a consortium formed by the two companies in January, with Marathon as the operator holding a 60-percent stake and OMV the rest