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The Use of Renewable Energy in Bulgaria Grew by Almost 10%

The Use of Renewable Energy in Bulgaria Grew by Almost 10%

The consumption of energy from renewable sources has increased by nearly ten percent in Bulgaria during the first seven months of 2017, according to data from the Electricity System Operator, announced on Wednesday, reports Mediapool

Support for Shale Fracking Drops in UK

Support for Shale Fracking Drops in UK

Support for fracking, the process of pumping pressurized water and chemicals into the earth to extract shale oil and gas, dropped to 16 percent in the U.K. from 21 percent a year ago, the U.K. government's data showed on Thursday

Russia to Develop More Vietnam Offshore Projects

Russia to Develop More Vietnam Offshore Projects

Russian oil giant Rosneft said on August 2 that its subsidiary, Rosneft Vietnam, plans to drill another 3 wells as part of development of Vietnam offshore projects in 2018. Two production wells will be drilled at Block 06.1 aiming at development of prospective areas of Phong Lan Dai and Lan Do fields, Rosneft said in a press release on August 2, adding that one exploration well will also be drilled at the adjacent Block 05-3/11 also located in Nam Kon Son basin

Italian Snam, Albgaz to Cooperate for Albanian Gas Mkt.

Italian Snam, Albgaz to Cooperate for Albanian Gas Mkt.

Italy's natural gas infrastructure company Snam and Albania’s gas infrastructure operator Albgaz agreed to collaborate in the development of Albania's gas market, the company announced on Monday. Both signed a memorandum of understanding (MoU) for developing collaboration to support the start and development of the country's gas market and infrastructure system that will be launched when the Trans Adriatic Project (TAP) pipeline transverses the country

Shell Plans Hundreds of Job Cuts

Shell Plans Hundreds of Job Cuts

Royal Dutch Shell Plc is planning to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, according to the staff consultation document seen by the Reuters news agency. The cuts are reportedly part of wider measures in response to lower oil prices

Brussels to Retaliate Against Washington if New Russia Sanctions Are Imposed

Brussels to Retaliate Against Washington if New Russia Sanctions Are Imposed

Brussels has raised concerns over Washington’s intention to step up sanctions on Russia, urging coordination with the G7 partners. The European Commission fears sanctions may hit European companies that are upgrading pipeline distribution systems in Russia, as well as railway, shipping, mining, and financial companies

Turkey Adds 377 MW of Installed Wind Capacity in 1H17

Turkey Adds 377 MW of Installed Wind Capacity in 1H17

Turkey added 377 megawatts (MW) of installed capacity to reach 6,483 MW in total wind capacity in the first half of 2017, according to Turkish Wind Energy Association's (TUREB) report released on Monday

EU to Review Permits of Large Combustion Plants

EU to Review Permits of Large Combustion Plants

The European Commission (EC) took action to tackle pollution from Large Combustion Plants (LCPs) such as power stations and district heating plants, the EC announced on Monday. Such plants are responsible for about one third of all air conventional pollutants from industry, the EC said, adding that more than 30 percent of EU citizens are exposed to air pollutant levels above EU standards

Shells First Floating LNG Tech. Arrives in Australia

Shell's First Floating LNG Tech. Arrives in Australia

Shell Australia's Prelude floating liquefied natural gas (FLNG) facility, the first deployment of Shell's FLNG technology, arrived in Australian waters on Tuesday, the company announced. Prelude FLNG will see a 488 meter-long floating facility extracting and liquefying gas at sea, before it is exported to customers around the globe

TAP Announces New Greece Country Manager

TAP Announces New Greece Country Manager

Trans Adriatic Pipeline (TAP) AG announced today the appointment of KaterinaPapalexandri as its new Greece Country Manager as of 1st September 2017. Katerina replaces the current Country Manager, Rikard Scoufias

Serbia, Rio Tinto Sign Mou to Progress Jadar Lithium-Borate Deposit Project

Serbia, Rio Tinto Sign Mou to Progress Jadar Lithium-Borate Deposit Project

Serbia's government said on Monday it has signed a memorandum of understanding with British-Australian mining group Rio Tinto related to the implementation of the Jadarmineral exploration project near the western town of Loznica. The MoU will enable the creation of joint task groups which would oversee the study phase of the project and the process of obtaining necessary permits, the government said in a statement

Romanias U2 Nuclear Reactor Reconnected to Power Grid

Romania's U2 Nuclear Reactor Reconnected to Power Grid

Romania's second nuclear reactor at the Cernavoda power plant on the river Danube was reconnected to the national power grid on Sunday after being offline since Saturday, its owner Nuclearelectrica said

Big Oil Warns New Russia Sanctions Could Deal Out US Companies

Big Oil Warns New Russia Sanctions Could Deal Out US Companies

The oil industry has warned US lawmakers that proposed new economic sanctions on Russia approved by the US Senate could take their toll on US jobs and oil and gas projects around the world, the FT reported. American oil and natural gas companies are pushing for changes to avoid unintended consequences

Poland Pursues Energy Independence

Poland Pursues Energy Independence

In five years, Poland will achieve energy independence and will become a gas distribution hub in the next 10 years. So said Poland’s deputy Prime Minister Mateusz Morawieck following American President Donald Trump‘s visit to Warsaw

Iran Aims to Bolster Oil and Gas Production by 2021

Iran Aims to Bolster Oil and Gas Production by 2021

Iran intends to ramp up gas production by 2021, Amir Hossein Zamaninia, deputy minister of Petroleum for Trade and International Affairs said Tuesday at the World Petroleum Congress in Istanbul