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Former Energy Minister: Bulgaria Should Not Miss Deadline For Negotiations with Gazprom

Δευ, 10 Απριλίου 2017 - 17:09

Bulgaria must not miss the deadline set by the European Commission to present its demands in negotiations with Gazpom, former Minister of Energy Traycho Traykov said in an interview for the Bulgarian National Radio

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

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

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

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

EU Eyes East Mediterranean Gas Supplies

Παρ, 31 Μαρτίου 2017 - 18:07

European Union Climate Action and Energy Commissioner Miguel Arias Cañete will travel to Tel Aviv on April 3 to discuss the potential of gas from the eastern Mediterranean region for Europe with the Energy Ministers from Israel, Greece, Cyprus and Italy

Repsol to Farm into Energean’s Ioannina and Aitoloakarnania Blocks

Παρ, 31 Μαρτίου 2017 - 18:07

Greece’s Energean Oil & Gas announced on March 31 that it has agreed to farm out a 60% interest in its Ioannina and Aitoloakarnania blocks, onshore Western Greece, to Spain’s Repsol. Repsol will also become the Operator for both blocks

IENE Conference on «Oil Refining, Storage and Retail in SE Europe» Starts Today in Thessaloniki

Πεμ, 30 Μαρτίου 2017 - 11:06

The Institute of Energy for SE Europe (IENE) is convening a major regional conference on “Oil Refining, Storage and Retail in SE Europe”. This is the first time that IENE, within its remit and in the context of the annual "SE Europe Energy Dialogue” is organizing this unique event in Thessaloniki

EU Court Upholds Sanctions Against Russia’s Oil Major Rosneft As ‘Justified’

Τρι, 28 Μαρτίου 2017 - 16:10

Europe’s highest court upheld today EU sanctions against Moscow over its intervention in Ukraine, including on its state-controlled oil giant Rosneft in a ruling that asserts the court’s jurisdiction over the EU’s foreign policy

Enel to Invest 329 Mln Euro in Romania in 2017-2018

Τρι, 28 Μαρτίου 2017 - 16:10

Italian utility company Enel said on Friday that it plans to invest 329 million euro ($356 million) in Romania in the period 2017-2018. Enel plans to invest 151 million euro in 2017, mainly in its distribution operations, while next year it plans to put in 178 million euro in network upgrades, the company said in a press release

China, S. Arabia Ink Strategic Cooperation Agreement

Τρι, 28 Μαρτίου 2017 - 16:07

China Petrochemical Corporation, Sinopec Group and Saudi Arabia Basic Industries Corporation (SABIC) inked a strategic agreement on March 16, which the Chinese company announced on Monday

China’s LNG Imports Continue to Rise

Πεμ, 23 Μαρτίου 2017 - 19:30

China, world’s largest energy consumer and the third-biggest LNG importer, boosted its imports of the chilled fuel in February by 28.5 percent year-on-year

EU Sees Transport Investment Opportunities in Bulgaria

Πεμ, 23 Μαρτίου 2017 - 19:29

European Union Transport Commissioner Violeta Bulc will discuss transport investment in the Balkan country on March 23-24, during a conference in Sofia, which brings together public and private institutions involved in transport financing and planning