English Edition

The Energy Security and Energy Transition in SEE Presented in a Special IENE Event in London Hosted by EI

Τετ, 21 Μαρτίου 2018 - 18:32

South East Europe’s role in European energy security, market integration and transition was discussed in the light of latest developments in a special evening lecture jointly organized by IENE and the Energy Institute (EI) in London, on March 15

Greece: Cycladic Islands Hook up to the Mainland Power Grid

Τρι, 20 Μαρτίου 2018 - 17:58

As of last Thursday, March 8, the power supply on the Aegean islands of Paros, Antiparos, Naxos, Koufonissi, Schinoussa, Iraklia, Ios, Sikinos and Folegandros comes directly from the mainland grid via an underwater cable from Lavrio in southern Attica

10 Candidates Want to Make the Pipes For the Bulgaria - Greece Interconnector

Τρι, 20 Μαρτίου 2018 - 17:57

10 are the applications for participation in the procedure for production and supply of pipes for the needs of the gas connection Bulgaria - Greece. This was made clear before the public session, which will open the submitted applications for participation in the limited procedure for "Production and supply of pipes for the needs of the interconnector Greece-Bulgaria", FOCUS reported

Oil Markets Nervous After Tillerson Sacked, McMaster on his Way Out

Τρι, 20 Μαρτίου 2018 - 17:56

The firing of US Secretary of State Rex Tillerson and if President Donald Trump removes H.R. McMaster as national security adviser could impact major hydrocarbon producers Iran, Saudi Arabia, and Russia, leading to a boost in crude oil prices

China's Largest State-owned Nuclear Power Company is Interested in Belene NPP

Παρ, 16 Μαρτίου 2018 - 18:34

Since mid-February, there has been serious interest in the Belene NPP project from China's largest state-owned nuclear power company. This is what Energy Minister Temenujka Petkova said during today's parliamentary oversight, BNT reported

Onshore Wind: Cheapest Electricity Source by 2050

Παρ, 16 Μαρτίου 2018 - 18:34

Onshore wind power looks set to become the most economical source of electricity by 2050, with grid-scale solar power contributing with its increased competitiveness, according to BP's Technology Outlook 2018 report published on Thursday

The 'Expanded' Southern Gas Corridor: What Comes After 2020?

Παρ, 16 Μαρτίου 2018 - 18:31

Azeri gas from Shah Deniz II will likely enter Europe via Greece, Albania and Italy through the TANAP- TAP (Trans Anatolian Pipeline – Trans Adriatic Pipeline) system of the EU Southern Gas Corridor in 2020. Phase I projects 10 billion cubic meters (bcm) per year with the application of 3rd Party Exemption included

Eni Bolsters Gas Production from Egypt Offshore Field

Πεμ, 15 Μαρτίου 2018 - 19:31

Eni has strengthened its record production to 32 million cubic meters per day from the Nooros gas field, offshore Egypt, the company said in a statement Thursday. The amount is equivalent to around 215,000 barrels of oil equivalent per day (boed) and represents the highest ever recorded by an Eni field in Egypt in the last 50 years

Trade War Would Have ‘Strong Consequences’ for Oil Demand — IEA

Πεμ, 15 Μαρτίου 2018 - 19:30

US president Donald Trump’s proposed tariffs on steel and aluminium imports risk a global trade war and could threaten rising oil demand growth, the International Energy Agency said on Thursday. Global oil demand is expected to rise by 1.5m barrels a day in 2018 — to 99.3m b/d — which is an upward revision of almost 100,000 b/d, the Paris-based body said in its monthly oil market report

OPEC Decreases Oil Output in February 2018

Τετ, 14 Μαρτίου 2018 - 19:03

OPEC's crude oil production decreased by 77 thousand barrels per day (b/d) to 32.19 million barrels per day (mb/d) in February, according to the organization's Wednesday report. The decline of OPEC's crude oil production is in line with OPEC and Russia's decision to extend the output cut deal in 2018 to boost flagging oil prices

EU Opens Probe Into Support for Romanian Energy Producer

Τετ, 14 Μαρτίου 2018 - 19:03

The European Commission said the EC has opened an in-depth investigation to assess whether various public support measures from Romania in favour of energy producer Complexul Energetic Hunedoara are in line with EU rules on State aid to at-risk companies

EIB Backs Clean Energy Investment in India

Τρι, 13 Μαρτίου 2018 - 18:33

The European Investment Bank has signed a new €150 million long-term loan with the Indian Renewable Energy Development Agency (IREDA) to support renewable energy investment across India

Turkish Floating Plant to Produce Electricity in Sierra Leone

Τρι, 13 Μαρτίου 2018 - 18:31

Turkey's floating power plant Karadeniz Powership Dogan Bey will soon start electricity production in the West African nation of Sierra Leone, Karpowership, a member of the Istanbul-based Karadeniz Energy Group announced Tuesday

Closed Oil Refinery in Romania, on Sale for USD 60 Mln

Τρι, 13 Μαρτίου 2018 - 18:29

The Rafo Onesti industrial platform, which includes one of Romania’s largest oil refineries, was put up for sale for a price of USD 59.5 million plus VAT, according to local Profit.ro. The refinery was closed in 2008 to undergo a modernization program but hasn’t been reopened since

The Joint IENE-Eurelectric Conference in Brussels Focused on Major Challenges and Opportunities of Energy Market Integration and Transition in SE Europe

Τρι, 13 Μαρτίου 2018 - 18:28

The Institute of Energy for SE Europe (IENE) and Eurelectric joined forces, on Friday, March 9, convening a half-day high-level conference in Brussels on the latest developments related to energy market integration and transition in SE Europe

Trump’s White House Proclaims New (and Maybe Negotiable) Tariffs to Take Effect in 15 Days

Δευ, 12 Μαρτίου 2018 - 16:31

US President Donald J. Trump signed a tariff proclamation March 8 at the White House, including a series of carefully-crafted exemptions for NAFTA partners Canada and Mexico as well as the possibility for other allies to negotiate exemptions. Although this was not an Executive Order and thus not yet set in stone, the new tariffs were announced at 25% on steel and 10% on aluminium imports and are set to go into effect in 15 days for all countries not ultimately excluded