English Edition

Moody’s Upgrades BP’s Rating, Changes Outlook on Shell

Παρ, 9 Ιουνίου 2017 - 17:08

On June 8, Moody’s Investors Service has upgraded to A1 from A2 the issuer rating of oil and gas company BP and the long-term debt ratings of its guaranteed subsidiaries. Concurrently, Moody’s said the rating agency affirmed its Prime-1 commercial paper ratings of BP Capital Markets plc and BP Corporation North America, Inc. The outlook on all ratings is positive

Honda Plans to Develop Self-Driving Cars

Πεμ, 8 Ιουνίου 2017 - 19:59

Japanese carmaker Honda Motor Co spelled out for the first time its plans to develop autonomous cars which can drive on city streets by 2025, building on its strategy to take on rivals in the auto market of the future, Reuters reports

IENE’s Major Study, the «SE Europe Energy Outlook 2016/17», was Presented at the Athens Exchange

Πεμ, 8 Ιουνίου 2017 - 19:55

ENE’s major study project, the "SE Europe Energy Outlook 2016/17”, was presented on June 7, 2017, at the Athens Exchange. This special event, jointly organized by the Institute of Energy for SE Europe (IENE) and the Athens Exchange Group, gathered together IENE members and eminent professionals from Greece’s energy, banking and financial sector, as well as representatives of major companies form the industrial and services sectors

IEA and China Host High-Level Gathering of Energy Ministers and Industry Leaders to Affirm the Importance of Carbon Capture

Πεμ, 8 Ιουνίου 2017 - 17:09

The energy ministers of Canada, China, Norway, and the United States, as well as heads of delegation from Australia and the European Commission, along with leaders from the industry and key organisations, were invited by the International Energy Agency and China to review how to increase collaboration in order to drive further deployment of carbon capture, utilization and storage (CCUS)

ERBD to Finance Geothermal Exploration in Turkey

Τετ, 7 Ιουνίου 2017 - 19:23

The European Bank for Reconstruction and Development (EBRD) has mobilized a €5 million loan from the Clean Technology Fund (CTF) for the early stage development of the Prosin-Dikili geothermal power plant near the coastal town of Dikili in the Izmir province of Turkey, EBRD said on Monday

No Discussions Between Sofia and Gazprom Over South Stream

Τετ, 7 Ιουνίου 2017 - 19:22

Gazprom has not been discussing with Bulgaria the restarting of the South Stream gas pipeline project but options for developing its gas transmission system Alexander Medvedev, Deputy Chairman of the Russian gas giant, said

Electric Vehicles Have Another Record Year, Reaching 2 Million Cars in 2016

Τετ, 7 Ιουνίου 2017 - 19:21

The number of electric cars on the roads around the world rose to 2 million in 2016, following a year of strong growth in 2015, according to the latest edition of the International Energy Agency's Global EV Outlook

Russia, India Sign Nuclear Power Plant Agreement

Σαβ, 3 Ιουνίου 2017 - 19:02

Following talks on between Russian President Vladimir Putin and India’s Prime Minister Narendra Modi on June 1 in St Petersburg, Russia and India have reportedly signed an agreement on setting up two more Russian-designed units for the Kudankulam nuclear power station in Tamil Nadu

BP and Rosneft Agree Strategic Cooperation in Gas Business

Σαβ, 3 Ιουνίου 2017 - 19:00

Rosneft and BP have signed today an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. The documents were signed at the XXI St Petersburg International Economic Forum (SPIEF)

Big Businesses — Even Energy Companies — Disapprove of Trump's Decision to Walk Away From Climate Deal

Παρ, 2 Ιουνίου 2017 - 18:50

President Donald Trump's decision on Thursday to abrogate a worldwide agreement to curb carbon emissions was met with widespread condemnation by big businesses

TurkStream’s Construction Vessel Transits Istanbul

Τετ, 31 Μαΐου 2017 - 20:17

The Pioneering Spirit vessel, which will carry out the construction of the TurkStream natural gas pipeline's offshore section, transited Istanbul’s Bosphorus on Wednesday

Global Solar Boom Continues in 2016: SolarPower Europe

Τετ, 31 Μαΐου 2017 - 20:16

2016 marked another record solar boom year with a 50 percent growth in solar additions worldwide totaling 76.6 GW of installed capacity, according to SolarPower Europe's report on Wednesday entitled Global Market Outlook for Solar Power 2017-2021

Greece Receives Oil and Gas Exploration Interest from Exxon, Total, Hellenic Petroleum

Τετ, 31 Μαΐου 2017 - 20:13

Greece has received interest for hydrocarbons exploration and exploitation in two sites off the island of Crete from a consortium of Exxon Mobil, France's Total and Greece's Hellenic Petroleum, the energy ministry said on Wednesday

Spanish Companies Taking Interest in LNG Trading — Russia’s Energy Minister

Δευ, 29 Μαΐου 2017 - 19:10

Spanish companies are interested in participating in Novatek’s Arctic LNG 2 project and LNG trading, Alexander Novak, Russia’s Energy Minister and co-chairman of the Russian-Spanish intergovernmental commission, said at the meeting of the commission on Monday

Gazprom’s Gas Exports to Europe Reach 103.6 Bcm in October-March

Δευ, 29 Μαΐου 2017 - 19:09

Between October 2016 and March 2017, Gazprom’s gas transmission system within Russia’s Unified Gas Supply System (UGSS) conveyed 231.2 billion cubic metres of gas, a 7% increase against the previous season, the Russian gas giant said on May 24

Libyan Unity Govt Assumes Control of Tripoli Airport

Δευ, 29 Μαΐου 2017 - 19:08

Forces loyal to Libya’s UN-backed unity government have established control over Tripoli’s international airport, according to a Libyan military official. "Presidential Guards and the Interior Ministry have assumed control of the airport and are now responsible for its security,” Presidential Guards commander Najmi al-Nakoua said in a televised statement late Sunday