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Gazprom Develops Power Generation Strategy for 2018–2027

Παρ, 1 Σεπτεμβρίου 2017 - 23:33

The Board of Directors of Gazprom said on August 30 that the Russian gas giant is working to develop an updated power generation strategy for 2018–2027, which will take into account the need for further modernisation of the existing generating capacities and for continued synergy between the gas and power businesses

Bulgaria Started Construction of a National Repository for Low- and Intermediate-Level Radioactive Waste

Παρ, 1 Σεπτεμβρίου 2017 - 23:32

Bulgaria started construction of a national repository for low- and intermediate-level radioactive waste yesterday, marking the occasion with a ceremony. The repository is being built at the Radiana site, close to the Kozloduy nuclear power plant

EU Clears Acquisition of Joint Control Over METT by GE and Macquarie

Τετ, 30 Αυγούστου 2017 - 19:11

The European Commission said on August 29 that it has approved, under the EU Merger Regulation, the acquisition of joint control over Markbygden ETT AB (METT) of Sweden by General Electric Company (GE) of the US and Macquarie Group Limited of Australia

Turkey Needs 18B Lira Investment for 5GW Solar Capacity

Τετ, 30 Αυγούστου 2017 - 19:10

Turkey needs to invest around 18 billion liras (approx. $5.2 billion) to reach 5 gigawatts installed solar capacity, head of the energy group at the Turkish Academy of Sciences told Anadolu Agency on Wednesday. The country currently has 850 megawatts unlicensed solar capacity and aims to increase its capacity to 5 gigawatts by 2023, Ibrahim Dincer said

Three International Companies Want to Invest in Belene Nuclear Power Plant

Τρι, 29 Αυγούστου 2017 - 19:43

Three international companies want to invest in Belene Nuclear Power Plant. This was declared by Minister Temenuzhka Petkova who, today, announced the start of the construction of the National Radioactive Waste Repository in Belene. Reports BNT

EY: Legislation in Cyprus Evolving to Make Doing Business Competitive for All Oil and Gas Companies

Τρι, 29 Αυγούστου 2017 - 19:42

Governments around the world continue to reassess their tax structures to pursue more strategic objectives despite many having already made essential tax adjustments in response to a low oil price environment, EY says while launching its 2017 Global oil and gas tax guide

Saudi Arabia Seeks Bids for 1st Utility Scale Wind Prj.

Τρι, 29 Αυγούστου 2017 - 19:40

Saudi Arabia’s Renewable Energy Project Development Office released the request for proposals for its first utility-scale wind power project of 400 megawatts on Tuesday. Bidding for the 400 megawatt wind power project is set to close in January 2018

PPC in Partnership with IENE Organizes a Strategic Conference on Investment Opportunities in SE Europe in the Context of the Annual Thessaloniki International Fair

Τρι, 29 Αυγούστου 2017 - 19:32

Public Power Corporation SA (PPC SA), in partnership with the Institute of Energy for SE Europe (IENE), organizes the Strategic Conference: "Investment Opportunities in Southeastern Europe: Trends and Challenges in the Energy Sector”, in the context of the 82nd Thessaloniki International Fair (TIF)

Noble Energy Contracts Ensco Drillship for Israeli Gas Field

Δευ, 28 Αυγούστου 2017 - 19:24

Offshore drilling contractor Ensco has announced that ultra-deep-water drillship ENSCO DS-7 has been awarded a contract by US company Noble Energy to drill two wells and complete four production wells at Israel’s Leviathan field development in the Mediterranean Sea

Powerful US Hurricane Weakens After Massive Damage

Δευ, 28 Αυγούστου 2017 - 19:23

Harvey was downgraded Saturday to a tropical storm after the Category 4 hurricane caused heavy damage and electrical outages for nearly 400,000 homes and businesses across the Texas coast. Some homes and business were completely destroyed as the storm poured nearly 20 inches (0.5 meters) of rain and caused a surge of more than 6 feet in some areas

Romania's Natural Gas Consumption Surges By 22% in 1H17

Παρ, 11 Αυγούστου 2017 - 16:52

Romania's natural gas consumption increased by 22 percent in the first half of 2017 year-on-year, Romania's state-owned gas producer Romgaz announced on Friday. The company said that after recording a reduction of natural gas consumption of approx. 4.6 percent in 2015 and of approx. 1.9 percent in 2016, Romania experienced a consumption revival in 2017 as natural gas consumption increased by approx. 22 percent in the first half of the year

Iran, Russia, Turkey to Develop Joint Oil, Gas Projects

Παρ, 11 Αυγούστου 2017 - 16:51

Companies in Iran, Russia and Turkey signed an agreement to fund and develop oil and gas fields, the Islamic Republic News Agency (IRNA) reported on Wednesday. A private Iranian company, Ghadir Exploration and Production Company, Russian state-controlled oil company JSC Zarubezhneft and Turkish energy company, Unit International signed the cooperation agreement, according to IRNA's news story

IEA Says Strong Oil Demand Growth Helping Market Rebalance

Παρ, 11 Αυγούστου 2017 - 16:50

World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday