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Europe’s Energy Dependence Day is Getting Earlier Each Year

Europe’s Energy Dependence Day is Getting Earlier Each Year

Παρ, 16 Μαΐου 2014 - 13:32

The day on which Europe runs out of indigenous energy and has to rely on foreign fuel imports is arriving earlier each year, according to an analysis by the European Alliance for Energy Efficiency in Buildings (EuroAce), which will be presented to the Energy Council in Athens today (16 May).

Russia Proposes Creation of Global Energy Market Regulator

Russia Proposes Creation of Global Energy Market Regulator

Παρ, 16 Μαΐου 2014 - 13:23

Russian Energy Minister Alexander Novak has floated the idea of creating a global energy market regulator that would keep its finger on the pulse of energy networks and compel participants to deliver on their contractual obligations.

Greece Signs Hydrocarbon Exploration Agreements in Three Areas

Greece Signs Hydrocarbon Exploration Agreements in Three Areas

Πεμ, 15 Μαΐου 2014 - 17:14

Greece on Wednesday signed the concession agreements for hydrocarbon explorations in three separate areas of Greece, an investment that could exceed 700 million euros for surveys and the extraction/productions of deposits estimated at 300 million barrels.

IENE’s «8th SE Europe Energy Dialogue» Attracts Top Professionals from the Region and Beyond

IENE’s «8th SE Europe Energy Dialogue» Attracts Top Professionals from the Region and Beyond

Τρι, 13 Μαΐου 2014 - 15:42

IENE’s "8th SE Europe Energy Dialogue”, to be held on June 11 and 12, 2014, at the Makedonia Palace Hotel, in Thessaloniki, will, once again, bring together some of the most prominent professionals, analysts, academics etc of the energy sector of SE Europe and beyond. Senior officials of major international organizations, e.g. IEA, Energy Community, OSCE, have already confirmed their participation in this established IENE regional event, which is being held under the auspices of the Greek Presidency of the EU and in co-operation with the World Energy Council (WEC)

Gas from Russia to Bulgaria May Begin to Flow in Late 2015

Gas from Russia to Bulgaria May Begin to Flow in Late 2015

Τρι, 13 Μαΐου 2014 - 13:57

Pipelay for South Stream Line 2 will begin in mid-2015, with first natural gas flow from Line 1 following later that year. Trond Gjedrem, materials manager for South Stream Transport BV, made these remarks May 12 at the Pipeline Technology Conference in Berlin, despite the European Parliament having voted last month that South Stream should not be built.

IEA: Electricity Is Key to Carbon Free Energy

IEA: Electricity Is Key to Carbon Free Energy

Τρι, 13 Μαΐου 2014 - 13:56

Electricity will increasingly power the world's economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. Actively managing this transformation is the only way to ensure we meet global energy security and climate goals economically, the report says.

OPEC, Naimi See Output Flat Amid Rising Supply Elsewhere

OPEC, Naimi See Output Flat Amid Rising Supply Elsewhere

Δευ, 12 Μαΐου 2014 - 14:10

OPEC should keep pumping crude at about 30 million barrels a day in the near term amid rising global supply, according to the group’s Secretary General and Saudi Arabia, its largest member.

Romanias Transelectrica Q1 Net Profit Rises 49% on Year

Romania's Transelectrica Q1 Net Profit Rises 49% on Year

Δευ, 12 Μαΐου 2014 - 12:28

Romanian power grid operator Transelectrica [BSE:TEL] said on Friday its net profit surged to 136.5 million lei ($42.6 million/30.8 million euro) in the first quarter of 2014 from 91.8 million lei a year earlier.