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In Cyprus Tsipras Tough on Turkey Easy on Russia

In Cyprus Tsipras Tough on Turkey Easy on Russia

Δευ, 2 Φεβρουαρίου 2015 - 17:51

Greek Prime Minister Alexis Tsipras, who arrived in Cyprus on February 2 on his first official visit since being sworn in a week ago, said the violation of Cyprus’ Exclusive Economic Zone and Continental Shelf by Turkish seismic vesselBarbaros “constitutes a blatant violation of international law and undermines the necessary talks between the two sides”.

Eustream Proposes Gas Pipeline to SEE sees Launch in 2019

Eustream Proposes Gas Pipeline to SEE sees Launch in 2019

Δευ, 2 Φεβρουαρίου 2015 - 15:36

Slovakia's Eustream proposes a natural gas pipeline with an annual capacity of up to 40 billion cu m connecting the countries in Southeast Europe (SEE) with Western Europe that could be operational by 2019, the company's general manager said on Friday.

Five Vie to Invest in 1.0 GW HPP Project in Romania

Five Vie to Invest in 1.0 GW HPP Project in Romania

Δευ, 2 Φεβρουαρίου 2015 - 15:28

Five companies have filed preliminary non-bindingbids ina tender for an investorfor a 1.0 GWhydropowerproject in Romania,the project company said on Friday.

Greece Blocks More EU Sanctions - Russia Offers Athens Aid

Greece Blocks More EU Sanctions - Russia Offers Athens Aid

Παρ, 30 Ιανουαρίου 2015 - 17:38

Sanctions-hit Russia would consider extending financial aid to debt-ridden Greece if Athens were to make a request, Russian Finance Minister Anton Siluanov said. His remarks come after the opposition of new Greek Prime Minister Alexis Tsipras’ government to the introduction ofnew sanctions against Russia. Athens has stressed that the restrictions will bring economic problems to a number of European states, including Greece.

Romanias OMV Petrom Q4 Hydrocarbon Output Up 0.6% Y/Y

Romania's OMV Petrom Q4 Hydrocarbon Output Up 0.6% Y/Y

Παρ, 30 Ιανουαρίου 2015 - 16:57

The hydrocarbon production of Romania's top oil and gas group, OMV Petrom, edged up0.6% on the year to182,000 barrels of oil equivalent per day (boe/d) in the fourthquarter of 2014,its majority owner, Austria’s OMV, said on Thursday.

Greece Blocks the Adoption of a Common Resolution on Russia

Greece Blocks the Adoption of a Common Resolution on Russia

Πεμ, 29 Ιανουαρίου 2015 - 19:34

Greece blocked the adoption of a common resolution on Russia at the level of thepermanentrepresentatives to EU preparing the resolution for this afternoon's extraordinary meeting of Foreign Ministers.

EU Plans to Fight Online Terrorist Propaganda

EU Plans to Fight Online Terrorist Propaganda

Πεμ, 29 Ιανουαρίου 2015 - 19:34

The EU is planning to take steps to tackle terrorist use of the internet to gain support and publicity. EU Home Affairs Commissioner Dimitris Avramopoulos says the EU intends to "enhance existing cooperation with the Internet industry and to strengthen the commitment of social media platforms to reduce illegal content online."

Shell Cuts Spending But Pursues Arctic

Shell Cuts Spending But Pursues Arctic

Πεμ, 29 Ιανουαρίου 2015 - 19:22

Feeling the pinch of the sharp crude oil price drop,energy giant Royal Dutch Shell said on January 29 that it plans to cut spending by $15 billion.

Saudi Arabia Cannot Kill US Shale Production

Saudi Arabia Cannot Kill US Shale Production

Πεμ, 29 Ιανουαρίου 2015 - 19:16

The collapse in crude oil pricewas increased by the Saudi-led OPECdecision to maintain production in the face of an emerging glut of supply. It is no secret that Riyadh wanted to knock out higher-cost production, with the obvious target the US shale industry which, after increasing US oil production by about a third in four years, was reducing the oil market share of the Organization of Petroleum Exporting Countries.

First EU - Greece Clash Over Ukraine

First EU - Greece Clash Over Ukraine

Τετ, 28 Ιανουαρίου 2015 - 16:05

Greece objects to the Statement of the Heads of State or Government published today by the European Council and is accusing the Council as well as EEAS and Federica Mogherini for proceeding without Greece's consent, just minutes after the new Prime Minister, Alexis Tsipras took office in Athens.