English Edition

EIA Revises Up Oil Price Forecast for 2018, 2019

Τετ, 9 Μαΐου 2018 - 19:06

The U.S.' Energy Information Administration (EIA) revised up its forecast for crude oil prices for this year and the next, according to its Short-Term Energy Outlook (STEO) report for May released on Tuesday

US Sanctions on Iran to Take Full Effect in November

Τετ, 9 Μαΐου 2018 - 19:00

After U.S. President Donald Trump's announcement of the U.S.' withdrawal from the historic Iran nuclear deal on Tuesday, U.S. economic sanctions on Iran will take full effect in November, hindering the country's ability to export oil

Turkey to Debut 1st Onshore LNG Production and Storage

Τρι, 8 Μαΐου 2018 - 17:27

A Turkish company, LNG Gaz Uretim Depolama ve Satis AS (LNG gas production, storage and sales Corp.) has received the green light to progress the country's first onshore LNG production and storage in the country's midwestern and northern Anatolian regions, the president of the company said Tuesday

Global Off-Grid Renewable Energy Use on Rise: IRENA

Τρι, 8 Μαΐου 2018 - 17:25

Nearly 115 million people worldwide currently rely on basic energy services provided by solar lights, while another 25 million obtain a higher level of renewable energy services through solar home systems or connection to a solar mini-grid, the International Renewable Energy Agency said Sunday

Europe’s Last-Ditch Attempt to Prevent Trump’s Withdrawal from the Iran Nuclear Deal

Τρι, 8 Μαΐου 2018 - 17:23

U.S. President Donald Trump is due to make a final decision on whether or not to withdraw from the 2015 Joint Comprehensive Plan of Action nuclear deal with Iran

US Charges Former Volkswagen CEO in Emissions Scandal

Παρ, 4 Μαΐου 2018 - 19:58

German carmaker Volkswagen's former CEO Martin Winterkorn has been indicted in the U.S. on charges stemming from the company's diesel emissions scandal, the U.S. Justice Department announced Thursday 

Greece: ADMIE Signs 199-Mln-Euro Loan Agreement With Bank of China, ICBC

Παρ, 4 Μαΐου 2018 - 19:56

ADMIE - Greece's Independent Power Transmission Operator - on Friday announced the signing of a loan contract worth 199 million euros with Bank of China (Luxembourg) and Industrial and Commercial Bank of China Ltd.

TANAP to Launch Early June: Turkish President Erdogan

Τετ, 25 Απριλίου 2018 - 17:30

The Trans Anatolian Natural Gas Pipeline (TANAP) will launch in early June, according to Turkey's President Recep Tayyip Erdogan on Wednesday. TANAP, which will carry Azeri gas to Turkey and then on to Europe, is considered the most important component of the Southern Gas Corridor (SGC)

PPC: Angry Greek Power Workers Urge MPs to Cancel Asset Sales

Τετ, 25 Απριλίου 2018 - 17:30

Workers at Greece’s dominant power utility Public Power Corporation (PPC) took to the streets on Wednesday urging lawmakers to rescind the planned sale of power stations which they have branded a "national crime." Hundreds of workers gathered outside parliament, as lawmakers debated legislation which paves the way for PPC to begin selling plants in May

Global Offshore Wind Mkt. Scores Historic Highs in 2017

Τετ, 25 Απριλίου 2018 - 17:28

More than 52 gigawatts (GW) of clean, emissions-free wind power was added globally in 2017, bringing total installations to 539 GW worldwide, Global Wind Energy Council (GWEC) said on Wednesday. The report stated that wind power is the most competitively priced technology in many if not most markets worldwide

Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity

Παρ, 20 Απριλίου 2018 - 19:20

The electricity distribution companies in Bulgaria CEZ, EVN and Energo Pro have submitted applications to the Energy and Water Regulatory Commission (EWRC) requesting 8% to 20% increase in the prices of electricity as of 1st of July, the regulator said on 17th of April

Gazprom, Saudi Aramco to Boost Cooperation

Παρ, 20 Απριλίου 2018 - 19:19

Russian gas monopoly Gazprom and Saudi Aramco signed an Addendum to a Memorandum of Understanding, aiming to widen the possible areas of cooperation between the companies. The document was signed during a working meeting between Gazprom CEO Alexey Miller with Saudi Energy Minister Khalid Abdulaziz Al-Falih and Aramco CEO Amin Bin Hassan Nasser

Turkey's Erdogan Declares Early Elections on June 24

Τετ, 18 Απριλίου 2018 - 19:08

President Tayyip Erdogan said on Wednesday Turkey's presidential and parliamentary elections will be brought forward to June 24, more than a year earlier than planned, saying the country urgently needed to make the switch to an executive presidency. Erdogan said he made the decision after speaking to the head of the nationalist MHP party, Devlet Bahceli, who a day earlier had floated the prospect of early polls