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Malmström Seeks Clarity on Whether EU is Excluded from Trump’s Tariff Plan

Malmström Seeks Clarity on Whether EU is Excluded from Trump’s Tariff Plan

European Commissioner for Trade Cecilia Malmström responded on Friday to US President Donald J. Trump’s actions on setting tariffs for steel aluminium imports by telling journalists that the Berlaymont was seeking clarity on whether the bloc would be counted alongside Canada and Mexico and be excluded from the tariffs that Trump signed into law on March 8, adding that the bloc was ready to retaliate if it turns out Europe is targeted by the measures

Greece’s Role Within the «Expanded South Corridor» Was Highlighted in Joint IENE-KEPA Event

Greece’s Role Within the «Expanded South Corridor» Was Highlighted in Joint IENE-KEPA Event

On March 5, IENE in co-operation with the Energy &Climate Change Policy Centre (KEPA) of the University of Athens, held an ad hoc Afternoon Colloquium to review latest developments in SE European gas markets and the “Prospects for an Expanded South Corridor”, as a number of major infrastructure projects are currently underway in SE Europe, which will facilitate the introduction and further use of natural gas in this broader geographical area

Russia-Ukraine Gas Crisis 3.0?

Russia-Ukraine Gas Crisis 3.0?

There were signs of a third gas supply crisis between Russia and Ukraine as Gazprom restated on March 3 that the Russian gas monopoly "has begun the procedure of termination for contracts with Naftogas Ukrainy.”

Dutch Electricity Prod. from Renewables 10% up in 17

Dutch Electricity Prod. from Renewables 10% up in '17

The Netherlands generated 10 percent more electricity from renewable sources in 2017 than in the previous year, Statistics Netherlands (CBS) announced on Monday. Both wind and solar electricity production increased, according to new provisional figures on renewable electricity. Electricity production from renewable sources amounted to 17 billion kilowatt-hours (kWh) in 2017, versus 15 billion kWh in 2016

Energean Israel Inks Banking Deal to Finance Karish Field

Energean Israel Inks Banking Deal to Finance Karish Field

Greece’s Energean Oil & Gas announced on March 5 that Energean Israel has signed a secured Senior Credit Facility of up to $1.275 billion with Morgan Stanley, Natixis, Bank Hapoalim, and Societe Generale as Mandated Lead Arrangers (MLAs)

Production Cost Per MW Falls in French Onshore Wind Tender

Production Cost Per MW Falls in French Onshore Wind Tender

The average cost per megawatt for electricity production has fallen in the latest French onshore wind tender in mid-February, according to the French government's data, WindEurope reported on Friday. According to WindEurope's statement, 22 projects totaling 508 megawatts (MW) were awarded in the tender, all of which won on low-cost alone

Greece Approves Delayed Hydrocarbon Exploration Contracts

Greece Approves Delayed Hydrocarbon Exploration Contracts

The plenary of the Greek Parliament has ratified four leases that grant the right to explore and develop Greece’s oil and gas resources, the Environment and Energy Ministry said on February 28. These contracts relate to offshore Block 2 in the Ionian Sea and onshore blocks in Arta-Preveza, Aitoloakarnania (Central Greece) as well as the Northwest Peloponnese

Turkish Solar Market Set to Grow

Turkish Solar Market Set to Grow

With commitments to achieve around 5 gigawatts of solar capacity by the early 2020's, the Turkish solar sector is set for acceleration as a leading solar market in the coming years, a SolarPower Europe official said on Wednesday. In an exclusive interview with Anadolu Agency, James Watson, the CEO of SolarPower Europe said that currently, Turkish regulators are paving the way for the construction of solar in the country

Greece: Technical Checks for the Two DESFA Bids

Greece: Technical Checks for the Two DESFA Bids

Greek authorities have started assessing the technical aspects of the two bids for a stake in natural gas network operator DESFA, while the financial offers will be opened on March 9. All signs point to the price for 66 percent of DESFA topping 400 million euros, although that will also depend on the company’s cash reserves when the transaction is completed

Shell Sees Likely LNG Supply Shortage As Demand Surges

Shell Sees Likely LNG Supply Shortage As Demand Surges

A supply shortage in mid-2020s is a possibility based on current demand projections unless new LNG production project commitments are made soon, Shell said in its latest 2018 LNG Outlook report on Monday. The company said the LNG market continues to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017

EU Approves German Support for Electric Buses, Charging Infrastructure

EU Approves German Support for Electric Buses, Charging Infrastructure

The European Commission said Monday that German plans to support the purchase of electric buses and related recharging infrastructure by public transport operators to be in line with EU state aid rules. According to the Commission, the measure contributes to reducing CO2 emissions while limiting distortions of competition

Three Western Partners of Nord Stream II Defend Project

Three Western Partners of Nord Stream II Defend Project

The Nord Stream II natural gas pipeline is a billion-dollar investment with state-of-the-art European gas infrastructure that guarantees a secure supply of gas to both European residents and industry, the CEOs of three partner companies to Gazprom said late Monday in defense of the project's realization