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TANAP Set for Completion Ahead of Schedule: Albayrak

Παρ, 6 Οκτωβρίου 2017 - 17:30

The Trans Anatolian Natural Gas Pipeline (TANAP) will be completed ahead of scheduled date, if all goes as planned, Turkey's Energy and Natural Resources Minister Berat Albayrak said during his visit on Thursday to the Dardanelles (Canakkale) Strait where the sub-sea section of the pipeline project is being laid.

Romanian Investigation on Waste Oil Management Targets Toyota Dealer

Παρ, 6 Οκτωβρίου 2017 - 17:28

Romanian police officers carried out searches at several companies yesterday, including at Mercedes and Toyota dealers, in a tax evasion case related to waste oil management services. The prosecutors have calculated possible damages of EUR 29 million

Italy’s ENI Successfully Drills New Well Offshore Mexico

Πεμ, 5 Οκτωβρίου 2017 - 14:20

Italian energy major ENI has said the company successfully drilled the Miztón-2 well, in the shallow waters of Campeche bay, offshore Mexico, boosting the estimates of the resource in place for Contractual Area 1 to over 1.4 billion barrels of oil equivalent (BOE)

Inter Fin. Corp. Loans $100M to Turkish Tupras Refinery

Πεμ, 5 Οκτωβρίου 2017 - 14:19

The International Finance Corporation (IFC) granted a seven-year loan of approximately $100 million to Turkey’s oil refiner and largest industrial company, Tupras, IFC announced on Wednesday. IFC, a member of the World Bank group, granted the Ioan to support Tupras' investment plans for environmental upgrades, improvements in efficiency, and research and development activities, IFC said in the press release

IEA: Energy Efficiency Gains at Risk of Slowing Down Without Renewed Government Focus

Πεμ, 5 Οκτωβρίου 2017 - 14:17

The recent acceleration in global energy efficiency gains risks slowing down if governments do not maintain their focus on implementing new efficiency policies, according to a new report by the International Energy Agency (explore the report)

Brussels Fines Lithuanian Railways €28m

Τετ, 4 Οκτωβρίου 2017 - 19:30

Lithuanian Railways (Lietuvos geležinkeliai) has been fined €28m by the European Commission for violating the European Union’s antitrust rules

SPI Energy Buys 7.4 MW of Solar in Northern Greece

Τετ, 4 Οκτωβρίου 2017 - 19:29

Cyprus-based SP Orange Power entered into a framework share purchase agreement on September 20, 2017. The company will acquire 100% equity interests in Thermi Sun S.A, Heliohrisi S.A., and Heliostixio, S.A, which are subsidiaries of Thermi Taneo Venture Capital Fund (TTVCF), for €16.65 million

IEA: Solar PV Grew Faster Than Any Other Fuel in 2016, Opening a New Era for Solar Power

Τετ, 4 Οκτωβρίου 2017 - 19:28

New solar PV capacity grew by 50% last year, with China accounting for almost half of the global expansion, according to the International Energy Agency's latest renewables market analysis and forecast. For the first time, solar PV additions rose faster than any other fuel, surpassing the net growth in coal

Gazprom and Delek Ink MoU for Natural Gas Vehicle Fuel

Τρι, 3 Οκτωβρίου 2017 - 18:20

Russian energy giant Gazprom and Israeli Delek signed an agreement to cooperate in Israel's Natural Gas Vehicle (NGV) market, Gazprom announced on Monday. The companies will jointly examine the possibilities of using natural gas as a fuel for vehicles - road, rail and water transport, as well as special equipment for agricultural, material-handling and other equipment in Israel, according to the press release

Aramco & Petronas to Enhance Petrochemical Cooperation

Τρι, 3 Οκτωβρίου 2017 - 18:18

Saudi Aramco and Malaysia's oil and gas company Petronas formed a strategic partnership to enhance the value of their petrochemicals projects through the integration of refining and petrochemicals, Saudi Aramco announced on Monday. The agreement strengthens Saudi Aramco’s position and growth in southeast Asia through crude supply and world-scale downstream operations

Turkey Approves TurkStream Environ. Impact Assessment

Τρι, 3 Οκτωβρίου 2017 - 18:18

The Ministry of Environment and Urbanization of Turkey approved the Environmental Impact Assessment (EIA) for the offshore section of the TurkStream gas pipeline project, the Russian company announced Tuesday

Romania, Bulgaria, Austria, Hungary to Complete Gas Pipeline

Παρ, 29 Σεπτεμβρίου 2017 - 18:05

Romania, Bulgaria, Austria and Hungary have committed to completing the gas pipeline (BRUA) connecting their gas networks, Romanian energy minister Toma Petcu said. The four countries signed yesterday the memorandum agreement in Bucharest

15 to 18 Minutes Faster from Plovdiv to September After the Modernization of the Railway Track

Παρ, 29 Σεπτεμβρίου 2017 - 18:04

You can get 15 to 18 minutes faster from Plovdiv to village of September after the modernization of the railway track. This was admitted by the passengers after the demonstration trip from Plovdiv station today. Among them were the representatives of the Austrian company Thales, the contractor of the project for modernization of signaling, security and communications systems