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Bosnia Signs 60 Mln Euro Loan Deal With KfW for Hrgud Wind Farm

Τετ, 8 Νοεμβρίου 2017 - 19:08

Bosnia's finance minister Vjekoslav Bevanda signed on Wednesday a 60 million euro ($69.6 million) loan deal with German development bank KfW to finance the construction of the Hrgud 48 MW wind farm

Russia Opposes 'Total Embargo' on North Korea

Τετ, 8 Νοεμβρίου 2017 - 19:06

Moscow has never supported the idea of a "total embargo" on North Korea, the Russian Deputy Foreign Minister Sergei Ryabkov said Wednesday. "We have never supported the idea of a total embargo of North Korea, like any other country," Ryabkov was quoted as saying by the Russian news agency RIA Novosti

«Energy and Development 2017» Conference Attracts Wide Support by Industry

Τετ, 8 Νοεμβρίου 2017 - 19:06

Focusing on "Energy Markets in Transition”, this year’s IENE’s annual National "Energy and Development” Conference, will take place in Athens on November 23-24, 2017 and will be held, as usual, at the conference centre of the Eugenides Foundation. "Energy and Development 2017”, which is organized under the auspices of Greece’s Ministry of Environment and Energy, will seek to underline the major changes already taking place in the shaping of the energy mix at both national, regional and global level

Finland Produces 45% Electricity from Renewables in '16

Τρι, 7 Νοεμβρίου 2017 - 20:06

Finland's electricity production with renewable energy sources amounted 45 percent out of its total electricity production in 2016, Statistics Finland announced Tuesday. The authority said that total electricity production amounted to 66.2 terawatt-hours in 2016 - the same level as 2015

Turkish Aksa Opens Madagascar Power Plant

Τρι, 7 Νοεμβρίου 2017 - 20:05

Turkey's Aksa Energy officially opened its electricity generation plant in Madagascar on Tuesday. The company said that the first phase of the plant, which has 66 megawatts of installed capacity, started commercial activity on Sept. 5

Saudi Royals, Ministers Swept Up in Anti-Corruption Crackdown

Τρι, 7 Νοεμβρίου 2017 - 20:01

Saudi Arabian royals, ministers and businessmen are being targeted in what has been described as the kingdom’s biggest anti-corruption purge in its modern history. Dozens of top Saudis have been detained by police in a crackdown that the attorney general described as “phase one”. The list includes billionaire investor Prince Alwaleed bin Talal

Patchwork of Member State Energy Policies Challenges Competitive Decarbonization in Europe

Παρ, 3 Νοεμβρίου 2017 - 18:11

Decarbonization requires improved methods of energy production and consumption across four broad sectors-manufacturing, heating and cooling, transportation and power generation- each with varying potential depending on local conditions

Kozloduy Nuclear Power Plant can Operate Until 2047

Παρ, 3 Νοεμβρίου 2017 - 18:09

The Fifth Unit of Kozloduy NPP will be allowed to work for another ten years. This is announced by the executive director of the plant Ivan Andreev. For the first time, a Bulgarian nuclear facility will continue to produce electricity after the end of its project resource, reports webcafe

IEA Welcomes Greece's Progress With Energy Sector Reform and Encourages the Country to Maintain the Momentum

Πεμ, 2 Νοεμβρίου 2017 - 19:47

Greece has made noticeable progress with its energy-sector reforms in recent years. The country moved forward on plans to restructure state-owned companies and liberalize electricity and gas markets, an impressive programme that will lead to more competitive and financially viable energy markets offering choices and low prices to consumers, according to the International Energy Agency's latest in-depth review of Greece's energy policies

No Easy Path for Cyprus to Become an Energy Hub, Note Senior Officials at IENE-FMW Symposium

Πεμ, 2 Νοεμβρίου 2017 - 19:46

There are no easy solutions Cyprus wants to become an energy hub and to exploit its natural wealth, Energy Minister Yiorgos Lakkotrypis said on Wednesday, November 1st, addressing the 5th Energy Symposium hosted by the Institute of Energy for South-East Europe (ΙΕΝΕ) and Fmw Financial Media Way company, in Nicosia

Novatek Inks 2 Deals for Arctic LNG 2 Proj. With China

Τετ, 1 Νοεμβρίου 2017 - 16:29

Novatek signed agreements with Chinese National Petroleum Company (CNPC) and the China Development Bank to cooperate in implementing the Arctic LNG 2 project, the Russian company announced on Wednesday

Rouhani Declined Meeting with Trump

Τετ, 1 Νοεμβρίου 2017 - 16:28

Iranian President Hassan Rouhani refused a request by U.S. President Donald Trump for a meeting on Sunday. According to the Fars News Agency, the request came from President Trump on the sidelines of the UN General Assembly meeting in New York in September. At the time, the White House chief of Staff, John Kelly, contacted the deputy foreign minister of Iran, Javad Zarif, to request a meeting

Greece’s Energean Inks More Gas Supply Deals from Israeli Fields

Τετ, 1 Νοεμβρίου 2017 - 16:28

Greece’s Energean Oil & Gas announced on October 30 that Energean Israel has signed three new Gas Sales and Purchase Agreements (GSPAs) with Dorad Energy Ltd, and with Ramat Negev Energy Ltd and Ashdod Energy Ltd, both subsidiaries of the Edeltech Group, for natural gas supply from the Karish and Tanin Fields, offshore Israel