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Wary of Trump, Iran Eyes More Energy Exports to Europe

Δευ, 19 Ιουνίου 2017 - 17:56

Following the lifting of sanctions, Europe has helped Iran boost its energy exports, Narsi Ghorban, Secretary to the Environment and Energy Commission of the International Chamber of Commerce (ICC) in Iran, told New Europe

ENI, University of Bologna Ink Energy Research Agreement

Παρ, 16 Ιουνίου 2017 - 19:37

On the fringes of the G7 Environment meeting, and in the presence of the Italian Environment Minister Gian Luca Galletti, a three-year, €5 million research and development agreement in the field of energy was signed in Bologna, ENI said on June 12

IENE’s Annual SEE Energy Dialogue in Belgrade Once Again Brought Together the Region’s Leading Authorities

Παρ, 16 Ιουνίου 2017 - 19:36

Belgrade was the city which hosted this year’s "SE Europe Energy Dialogue”, IENE’s long established event focusing on the regional energy agenda, which took place on June 13-14, 2017. "Connecting SE Europe’s Energy Markets” was the special theme for this year’s SEEED, signifying the tremendous effort now taking place in connecting regional energy markets in more ways than one

EIA: Oil Companies’ Proved Oil and Liquid Reserves Drop in 2016

Πεμ, 15 Ιουνίου 2017 - 15:19

The US Energy Information Administration on June 12 looked at the decline in proved oil and liquid reserves of publicly traded oil companies. "Annual reports of 68 publicly traded oil companies indicated that their aggregate proved liquids reserves declined in 2016 for the second consecutive year,” the EIA said in a press release

IEA Welcomes Hungary's Efforts to Strengthen Energy Security and Reduce Emissions

Πεμ, 15 Ιουνίου 2017 - 15:10

Hungary took a major step in the right direction with its National Energy Strategy to 2030, which was published in 2011. The country must now make greater use of market-based mechanisms in the energy sector to meet its goals, according to the International Energy Agency's latest assessment of Hungary's energy policies

Albania's Albpetrol Appeals Against Suspension of Director

Πεμ, 15 Ιουνίου 2017 - 15:09

Albania's state-owned oil company Albpetrol said it has lodged an appeal with a court in Vlora against the suspension of its director, Endri Puka. Puka had been suspended by the court over his role in the termination of a concession contract with local gas and oil extraction company Phoenix Petroleum for the Amonica oil block, Albpetrol said in a statement earlier this week

Gazprom’s Power of Siberia Pipeline to China is Ahead of Schedule

Τετ, 14 Ιουνίου 2017 - 15:55

Russian gas monopoly Gazprom said the construction project for the Power of Siberia gas trunkline is ahead of schedule. By 2017, 445 kilometres of its linear part were built. As of early June 2017, some 774 kilometres were ready. Before the end of the year, it is planned to complete over 1,100 kilometres of the pipeline, which translates into about a half of Power of Siberia’s priority section stretching from the Chayandinskoye field in Yakutia to the Russian-Chinese border

Turkey: OMV Finalizes Sale of Petrol Ofisi to Vitol

Τετ, 14 Ιουνίου 2017 - 15:54

Austrian OMV completed the sale of Turkish Petrol Ofisi to Vitol Investment Partnership, the company announced on Tuesday. OMV sold Petrol Ofisi to VIP Turkey Enerji, a subsidiary of Vitol Investment Partnership, following the fulfilment of the agreed conditions, including the relevant regulatory approvals, according to a statement by the Austrian company

Excess Oil Inventories to Last Until 2018 – IEA

Τετ, 14 Ιουνίου 2017 - 15:53

Oil demand should outpace supply in the second half of this year but excess inventories will persist well into 2018, dealing a blow to global crude producers enacting output cuts to bring down stubbornly high stockpiles

Eldorado Issues Response to Greek Ministry

Δευ, 12 Ιουνίου 2017 - 18:40

Eldorado Gold Corp responded to a statement posted on the Greek Energy and Environment Ministry’s website on Thursday about seeking arbitration over the Canadian company’s gold mine investment, saying it has not received formal notification or any details of any arbitration proceedings

Central Asian Countries Commit to Boosting Renewables

Δευ, 12 Ιουνίου 2017 - 18:38

International Renewable Energy Agency (IRENA) released a statement detailing six key areas to facilitate the uptake of renewables in Central Asia and help diversify the energy mix in a new regional Action Plan

Five Reasons to Attend 10th South East Europe Energy Dialogue (SEEED) in Belgrade

Δευ, 12 Ιουνίου 2017 - 18:34

Actual energy issues will be raised and discussed at the 10th SEEED, organized by the Regional Institute of Energy for South East Europe (IENE), which will take place in Belgrade on June 13-14. The IENE major study – "SE Europe Energy Outlook 2016/2017” will be presented at the conference for the first time in this region. The audience will be provided with an insight into the region covering counties from Slovenia to Turkey and address the regions main energy sector challenges

ExxonMobil Wants to See Cyprus a Regional Hub

Παρ, 9 Ιουνίου 2017 - 17:08

ExxonMobil’s vision for Cyprus is to see the country becoming a regional energy hub and the company hopes to find sufficient deposits of natural gas to see the island turn into an energy export nation, President of ExxonMobil Exploration Company Stephen Greenlee said on Thursday. The ExxonMobil president said the company had been active since signing the contracts with Cyprus in April and has begun exploration