English Edition

Ukraine Seeks Part in TANAP

Ukraine Seeks Part in TANAP

Russia has started construction of the South Stream gas pipeline in an effort to diversify its supply routes toEuropeby bypassing Ukraine, but Kyiv is also seeking to diversify its gas supplies by participating in projects providing alternatives toRussiangas.

EU Funds Frozen for Lithuanian Nuclear Decommissioning

EU Funds Frozen for Lithuanian Nuclear Decommissioning

European Union funding for the decommissioning of Lithuania's Soviet-era nuclear reactor has been frozen to raise pressure to wrap up talks on the operation, a top official said Friday amid growing irritation over delays.

Bulgaria PM Regrets Nabucco Gas Pipeline Project Is Stuck

Bulgaria PM Regrets Nabucco Gas Pipeline Project Is Stuck

The Nabucco pipeline project, planned to carry natural gas from the Caspian Sea to Europe, has reached an impasse, a situation that is pushing Bulgaria to consider developing its own resources in the Black Sea, the country's prime minister said Friday.

juwi Hellas Among Leading EPC Contractors for Solar Energy Projects

juwi Hellas Among Leading EPC Contractors for Solar Energy Projects

Financial trouble, debt crisis, economic downturn – within the past months the financial and economic situation of Greece has often been automatically associated with these terms. However, there are also diverse positive examples that show that the country is moving forward.

Azerbaijan Oil Output Down 6.9% on Year Jan-Nov

Azerbaijan Oil Output Down 6.9% on Year Jan-Nov

Azerbaijan's oil production fell 6.9% to 39.3 million metric tons in the first 11 months of the year compared with the same period last year, the state oil company said Thursday.

BP Invited Back To Bid In Abu Dhabi Oil Concession-UAE Oil Official

BP Invited Back To Bid In Abu Dhabi Oil Concession-UAE Oil Official

U.K.-based energy giant BP PLC (BP.LN) has been invited back to bid for a renewal of its stake in Abu Dhabi's oil concession and the Abu Dhabi National Oil Co., or ADNOC, aims to announce a shortlist of bidders soon, an oil official from the United Arab Emirates told Dow Jones Newswires Thursday.

Rosneft Board Approves TNK-BP, Venezuela Deals

Rosneft Board Approves TNK-BP, Venezuela Deals

The total cost of Russian oil giant OAO Rosneft's (ROSN.RS) deal to buy 50% of TNK-BP Ltd. from the AAR consortium of tycoons will be $28 billion plus interest at 3.75% per annum from Oct. 16 to the closing date of the deal, Rosneft said in a statement Thursday, confirming its board had approved the deal.

Greek Workers Protest Against New Bill Concerning Renewables

Greek Workers Protest Against New Bill Concerning Renewables

The people who work for the renewable energy sector in Greece announced today that the new government bill will end all growth for RES and will lead to even further disruptions in the Greek economy.

Greece Thirsting for Investment, Set for Upswing, Minister Says

Greece Thirsting for Investment, Set for Upswing, Minister Says

Greece is "thirsting" for foreign investment in sectors such as energy and tourism, and is well positioned for an economic upswing, the country's development minister Costis Hatzidakis says in an interview published Wednesday.

First Shipments Of Angola LNG Expected In 1Q 2013 - Oil Minister

First Shipments Of Angola LNG Expected In 1Q 2013 - Oil Minister

Angola LNG is expected to start regular exports of liquefied natural gas in the first quarter on next year and will target non-U.S. buyers in Europe and Asia, oil minister Jose Maria Botelho de Vasconcelos said Wednesday.

OPEC Panel Recommended Iraqi, Saudi Candidates To Lead Group

OPEC Panel Recommended Iraqi, Saudi Candidates To Lead Group

A panel of OPEC representatives who interviewed candidates to replace the group's outgoing Secretary General in October recommended that either the Saudi or Iraqi candidates for the job be chosen, said two OPEC delegates Wednesday.

Slovakia Approves GDF, E.ON Sale Of Gas Utility Stake

Slovakia Approves GDF, E.ON Sale Of Gas Utility Stake

The Slovak government said Wednesday it had approved the sale of a minority 49% stake in gas supplier SPP, held by GDF Suez (GSZ.FR) of France and Germany's E.ON Ruhrgas, to a Czech buyer.