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Lavrov Names Conditions for Extending Turkish Stream to EU

Τετ, 2 Νοεμβρίου 2016 - 19:28

Russia hopes that Brussels will be guided by pragmatic, not politicized considerations in the issue of extending the Turkish Stream pipeline into the EU, Russian Foreign Minister Sergey Lavrov said on Wednesday

Israel-Turkish Pipeline Hinges on Cyprus Issue Solution

Δευ, 31 Οκτωβρίου 2016 - 18:46

The rapprochement between Tel Aviv and Ankara will give fresh impetus to a pipeline from Israel to Turkey, experts told New Europe in Athens on October 25. During a meeting of Israel’s Energy Minister Yuval Steinitz and his Turkish counterpart Berat Albaryrak at the World Energy Council in Istanbul on October 13, Tel Aviv and Ankara agreed to examine the feasibility of the pipeline

Total Makes Oil Discovery Offshore Bulgaria

Δευ, 31 Οκτωβρίου 2016 - 18:46

French oil company Total has made an oil discovery in the Khan Asparuh license, located in the Black Sea offshore Bulgaria.

Market Dynamics and Security of Energy Supply Were Key Themes in this Year’s Energy and Development Conference Organized by IENE

Πεμ, 27 Οκτωβρίου 2016 - 21:03

On the 25 & 26th of October, the Institute of Energy for SE Europe (IENE) organized, once again in Athens, its annual national energy conference "Energy and Development 2016”. Executives, experts and representatives from international, European and regional organizations of the energy field, as well as from companies active in SE European countries and beyond were among the speakers of this established annual IENE event, which, this year, focused on “Investing in Energy in an Uncertain Economic and Geopolitical Environment”

Bulgaria, Russia Sign Debt Settlement Deal on Belene Nuclear Project

Πεμ, 27 Οκτωβρίου 2016 - 20:26

Bulgaria has committed to a fast-track payment of the debt on the Belene nuclear power plant (NPP) project, Energy Minister Temenuzhka Petkova has said. In return, Atomstroyexport, the company which was involved in the Belene NPP, will not demand interest generated on the money

MEPs Call for Reduction of EU Dependence on Gas

Πεμ, 27 Οκτωβρίου 2016 - 20:26

The European Commission must aim to reduce the bloc’s dependency on gas in the long-term by using more efficiently and gradually phasing out fossil fuel subsidies, according to a resolution adopted by the European Parliament on October 25

Gazprom Plans to Keep LNG Export in 2016

Τετ, 26 Οκτωβρίου 2016 - 19:30

Russia’s major gas producer Gazprom plans to keep its liquefied natural gas (LNG) exports at last year’s level of 3.56 mln tonnes in 2016, Deputy Chairman Alexander Medvedev said in an interview with the corporate magazine Gazprom

IEA Raises its Five-Year Renewable Growth Forecast as 2015 Marks Record Year

Τετ, 26 Οκτωβρίου 2016 - 19:28

The International Energy Agency said on 25 October 2016 that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source of installed power capacity in the world

Russia, OPEC Study Mechanisms for Stabilizing Oil Production — Minister

Τρι, 25 Οκτωβρίου 2016 - 18:41

Russia and OPEC countries are studying various mechanisms to stabilize oil production volumes, Russian Energy Minister Alexander Novak said at a press conference in the framework of the "Energy DialogRussia-OPEC" on Monday. "We are working on various options and mechanisms for OPEC and non-OPEC countries. Now a more detailed study of specific proposals within OPEC is in progress. The proposals will be discussed in November at the next conference," the minister said

Petrobras, Total Ink Deal for Up & Downstream Ops

Τρι, 25 Οκτωβρίου 2016 - 18:40

Brazilian multinational energy company, Petrobras and French Total inked a memorandum of understanding in Rio de Janeiro for a strategic alliance covering upstream and downstream activities in Brazil along with international potential opportunities, according to the French oil company on Monday

2 Lines of Turkstream Gas Project Will Be Ready by 2019

Τρι, 25 Οκτωβρίου 2016 - 18:38

Two lines of the Turkish Stream, or TurkStream, natural gas pipeline project will be ready by the end of 2019, according to Chairman of Russia's state-owned energy giant Gazprom's Management Committee Alexey Miller on Monday

Outcome Near for Turkish Partner for Akkuyu Nuke Plant

Δευ, 24 Οκτωβρίου 2016 - 15:04

Negotiations to determine a partner with Russia's Rosatom for Turkey's first nuclear power plant, Akkuyu, between Cengiz Holding and Russia are likely to continue until the beginning of 2017, head of Cengiz Holding said on Friday

Estonian-Finnish Gas Pipeline Strives to End EU Energy Isolation

Δευ, 24 Οκτωβρίου 2016 - 15:03

An EU-backed project to build the first gas pipeline connecting Finland and Estonia moved closer on October 21 with the signing of a €187 million investment in the Balticconnector. Anna Bulakh, Research Fellow, ICDS, International Centre for Defence and Security in Estonia, told New Europe by phone on October 21 that "it’s really important to have this pipeline because it is already bringing incentives for alternatives to appear here because it creates an integrated market and it creates a bigger demand”