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EU, Iran Ink Nuclear Deal

EU, Iran Ink Nuclear Deal

Δευ, 24 Απριλίου 2017 - 19:24

While US President Donald Trump declared that Iran is failing to fulfill the "spirit’ of its nuclear deal with world powers, the European Commission signed the first ever project for nuclear safety cooperation with Iran, under the framework of the Joint Comprehensive Plan of Action (JCPOA). EU-Iran relations have been through different stages and most recently, over the last decade, conditioned by the international dispute over Iran’s nuclear programme, and the consequent sanctions regime that was in place against Iran

IENE Convenes One Day Conference on Energy Investments, Employment and Exports in co-operation with the Athens Chamber of Commerce & Industry and the Panhellenic Exporters Association

IENE Convenes One Day Conference on Energy Investments, Employment and Exports in co-operation with the Athens Chamber of Commerce & Industry and the Panhellenic Exporters Association

Δευ, 24 Απριλίου 2017 - 19:21

Greece’s energy and banking sector, as well as the country’s business community, are expected to participate en masse in this one-day conference jointly convened by the Institute of Energy for SE Europe (IENE), the Athens Chamber of Commerce & Industry (ACCI) and the Panhellenic Exporters Association (PEA), on “Energy: Investments, Employment and Exports”, to be held in Athens on April 26, 2017

Turkey Publishes Deadline for YEKA Project Wind Offers

Turkey Publishes Deadline for YEKA Project Wind Offers

Πεμ, 13 Απριλίου 2017 - 18:32

The deadline for submission of investors' final offers for Turkey's Wind Renewable Energy Resources Area Project (YEKA) is set as July 27, according to the announcement in Turkey's Official Gazette

IEA Says Global Oil Market Nears Balance Even As Stocks Rise

IEA Says Global Oil Market Nears Balance Even As Stocks Rise

Πεμ, 13 Απριλίου 2017 - 18:31

Global demand for oil is finally close to outstripping supply after nearly three years of surplus production, despite growth in the overhang of unused crude, the International Energy Agency said on Thursday. The agency said oil stocks across the Organization for Economic Cooperation and Development (OECD) fell by 17.2 million barrels in March. Over the first three months of the year, stocks were up by 38.5 million barrels, or 425,000 barrels per day (bpd), after a large increase in January

IENE Participated in IEA’s In-Depth Review of Greece’s Energy Policy

IENE Participated in IEA’s In-Depth Review of Greece’s Energy Policy

Τετ, 12 Απριλίου 2017 - 18:16

Upon the invitation of the International Energy Agency (IEA), IENE participated in the Agency’s in-depth review of the energy policy of Greece which was held in Athens last week (April 3-7, 2017) under the auspices of Greece’s Ministry of Energy and Environment

Bulgaria Extends Total E&P Oil, Gas Exploration Permit

Bulgaria Extends Total E&P Oil, Gas Exploration Permit

Τετ, 12 Απριλίου 2017 - 18:11

The Bulgarian government said on Wednesday it has extended by 135 days the permit held by France's Total, Austria’s OMV and Spain’s Repsol to explore for oil and natural gas in an offshore block in the Black Sea

EU Reaffirms Clean Energy Commitment at G7 Rome Meeting

EU Reaffirms Clean Energy Commitment at G7 Rome Meeting

Τετ, 12 Απριλίου 2017 - 18:09

While US Secretary of Energy Rick Perry informed his G7 counterparts that the US is currently reviewing its energy and climate policies, all others joined the European Union in reaffirming their solid commitment and determination to implement the Paris Agreement and continue the clean energy transition, EU Energy and Climate Action Commissioner Miguel Arias Cañete said

Japan Leads in LNG Imports in 2016

Japan Leads in LNG Imports in 2016

Δευ, 10 Απριλίου 2017 - 17:12

Japan imported the most LNG globally in 2016 with 83.3 million tonnes per year, according to latest report of the International Gas Union (IGU) on Monday. The report noted that for the third consecutive year, global LNG trade set a new record, reaching 258 million tonnes

EU Opens Probe Into German Electricity Capacity Reserve Plans

EU Opens Probe Into German Electricity Capacity Reserve Plans

Δευ, 10 Απριλίου 2017 - 17:11

The European Commission said it has opened an in-depth investigation to assess whether German plans to set up an electricity capacity reserve comply with EU state aid rules. The Commission said on April 7 that has concerns that the measure may distort competition and favour power plant operators over demand response operators

Hungarian Group MOL Takes Over Romanian Firm from its Own Subsidiary

Hungarian Group MOL Takes Over Romanian Firm from its Own Subsidiary

Δευ, 10 Απριλίου 2017 - 17:09

Hungarian energy group MOL will take direct control of Romanian company MOL Retail Comert, the former ENI Romania, from two of its subsidiaries registered in the Netherlands. MOL will transfer almost EUR 32 million in the accounts of the two Dutch subsidiaries as part of the deal

Cyprus, Greece, Israel and Italy Sign Joint Declaration on Eastmed Pipeline Project

Cyprus, Greece, Israel and Italy Sign Joint Declaration on Eastmed Pipeline Project

Τρι, 4 Απριλίου 2017 - 19:18

Cyprus, Greece, Israel and Italy agreed Monday, April 3, to reinforce their cooperation, forming a quadri-lateral working group with the aim to monitor and support the development of the EastMed Pipeline Project and to identify terms of a necessary intergovernmental agreement to expedite project realization

MEPs Call for Strict Rules for Palm Oil Entering the EU Market

MEPs Call for Strict Rules for Palm Oil Entering the EU Market

Τρι, 4 Απριλίου 2017 - 19:17

On April 4, Members of the European Parliament passed a resolution, calling for the European Union to introduce a single certification scheme for palm oil entering the EU market and phase out the use of vegetable oils that drive deforestation by 2020. The resolution, which was approved by 640 votes to 18, with 28 abstentions, strives to counter the impact of unsustainable palm oil production, such as deforestation and habitat degradation, particularly in South-East Asia, MEPs said

The Serious Challenges Which Confront Refineries in SE Europe Were Hotly Debated at IENE’s Latest Conference in Thessaloniki

The Serious Challenges Which Confront Refineries in SE Europe Were Hotly Debated at IENE’s Latest Conference in Thessaloniki

Δευ, 3 Απριλίου 2017 - 18:48

More than 100 delegates gathered for a one and a half day highly focused conference in Thessaloniki, convened by the Institute of Energy for SE Europe (IENE) on March 30-31, which dealt with the current issues faced by refineries and oil marketing companies in the region. Twenty speakers and panelists for 12 different countries actively participated in the five sessions which formed this unique event which was fully backed by Hellenic Petroleum S.A., the region’s petroleum market leader

Solar Outpaces Wind for New Power Capacity

Solar Outpaces Wind for New Power Capacity

Παρ, 31 Μαρτίου 2017 - 18:08

Global renewable energy generation capacity increased by 161 gigawatts (GW) in 2016, making the strongest year ever for new capacity additions, data from the International Renewable Energy Agency (IRENA) showed on March 30. Renewable Energy Capacity Statistics 2017 estimates that by the end of last year the world’s renewable generation capacity reached 2,006 GW, with solar energy showing particularly strong growth