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Greece Will Seek Algerian LNG If Russian Gas Supply Cut

Greece Will Seek Algerian LNG If Russian Gas Supply Cut

Πεμ, 16 Οκτωβρίου 2014 - 15:05

Greece is discussing additional liquefied natural gas supply from Algeria to cover shortages and help neighboring nations if a gas dispute between Russia and Ukraine disrupts pipeline deliveries

OPEC Producers Fight for Market Share

OPEC Producers Fight for Market Share

Τετ, 15 Οκτωβρίου 2014 - 19:47

With global oil prices falling, OPEC-kingpin Saudi Arabia has cut prices instead of cutting production

Junckers Chassé-Croisé

Juncker's Chassé-Croisé

Τετ, 15 Οκτωβρίου 2014 - 19:38

Tired of looking for complicated solutions, and after finding that the new Slovene Commissioner-designate Violeta Bulc was “excellent" (maybe with a hint to her deep passion for the occult and extra-sensorial perception) Jean-Claude Juncker decided to do things in a simple way

Turkish Firms to Supply 80% of Pipes to TANAP Project

Turkish Firms to Supply 80% of Pipes to TANAP Project

Τετ, 15 Οκτωβρίου 2014 - 19:30

The Turkish government is determined to create energy co-operation instead of energy rivalries, Davutoglu said at the ceremony for signing the pipe supply contracts, according to a statement published on the website of Turkey’s ruling Justice and Development Party (Ak Parti)

AES Corp Agrees to Shed Assets in Turkey

AES Corp Agrees to Shed Assets in Turkey

Τρι, 14 Οκτωβρίου 2014 - 19:07

US power generation and utility company AES Corp said today it had entered into an agreement to sell its 49.62% stake in its Turkish joint venture AES Entek Elektrik Uretimi AS to its local partners Koc Holding AS and Aygaz AS for USD125m (EUR98.5m)

South Streams Offshore Section May Cost Over 10 Bln Euro

South Stream's Offshore Section May Cost Over 10 Bln Euro

Δευ, 13 Οκτωβρίου 2014 - 18:35

The cost of the offshore section of the South Stream gas pipeline is estimated to grow to over 10 billion euro ($12.7 billion), Russian media reported, quoting the spokesman of the company in charge of the project

Rosatom Units EdF Agree Study to Extend Lifespan of Bulgarian N-plant Unit

Rosatom Units EdF Agree Study to Extend Lifespan of Bulgarian N-plant Unit

Δευ, 13 Οκτωβρίου 2014 - 18:33

A consortium of units of Russian nuclear group Rosatom and France's Electricite de France (EdF) have signed with Bulgaria's sole nuclear power plant (NPP) Kozloduy an agreement to prove the feasibility of extending the lifespan of one of its two operational units,Rosatom's Rosenergoatom said

Common Rules and Infrastructure Needed to Complete Energy Market

Common Rules and Infrastructure Needed to Complete Energy Market

Δευ, 13 Οκτωβρίου 2014 - 18:26

An integrated EU energy market is the most cost-effective way to ensure secure and affordable supplies to EU citizens and mitigate climate change. A completed internal energy market could bring net economic benefits between 16 and 40 billion euros each year

Gazprom Neft Well-Prepared For US-EU Sanctions

Gazprom Neft Well-Prepared For US-EU Sanctions

Παρ, 10 Οκτωβρίου 2014 - 19:42

Gazprom Neft has been well prepared to face Western sanctions, a source close to the company told New Europe on October 10. The oil arm of Russian gas monopoly Gazprom expected that sanctions would put some restrictions and some limits in its operations abroad and started talking to its Eastern partners and drilling companies in late spring

Greece’s Energean Set to Be a Regional Oil Leader: CEO

Greece’s Energean Set to Be a Regional Oil Leader: CEO

Παρ, 10 Οκτωβρίου 2014 - 19:07

Energean Oil & Gas is becoming a leader in the eastern Mediterranean region as it revives Greek production, adds new licenses, bids for offshore concessions and moves into Israel, Chief Executive Officer Mathios Rigas said