English Edition

Anti-OPEC Trump Wild Card for Oil Prices

Παρ, 11 Νοεμβρίου 2016 - 18:40

Donald Trump’s victory in the US presidential election means his administration is likely to focus on domestic oil projects, leading to a prolonged period of lower oil prices. "Most likely under a Trump administration there will be less regulation,” Fadel Gheit, a senior energy analyst at Oppenheimer in New York, told New Europe by phone on November 9, adding that the oil industry is very heavily regulated in the US, including environmental impact laws

Seven Donald Trump Policies that Could Change the US

Παρ, 11 Νοεμβρίου 2016 - 18:37

Donald Trump’s stunning victory in Tuesday’s US presidential election sets the stage for a series of radical policy reversals both at home and abroad. A Trump presidency could scupper some of Barack Obama’s signature achievements, including Obamacare, climate change policy and the nuclear deal with Iran. Democratic hopes of shaping the Supreme Court for a generation would be dashed; a markedly more conservative court is now likely. Foreign policy could also undergo a dramatic shift

Bulgartransgas, Eustream To Cooperate on Balkan Gas Hub

Παρ, 4 Νοεμβρίου 2016 - 18:47

Bulgartransgas EAD and eustream a.s will work towards improving the security of natural gas deliveries in Central and Southeastern Europe and the implementation of the infrastructure projects – gas hub Balkan and gas pipeline Eastring, reported Bulgaria’s Energy Ministry

Low Gas Prices Clog Pipeline Projects, Eastmed’s Leviathan

Παρ, 4 Νοεμβρίου 2016 - 18:45

Low gas prices have a limited effect on the planning of major pipeline projects, including plans to export gas from the East Mediterranean, DEPA CEO Theodoros Kitsakos said. He was responding to a question from New Europe at a Russian-Greek forum in Athens on November 2 on whether low gas prices could affect the development of gas projects, including the EastMed pipeline

Gazprom Deputy CEO Says Risk for Gas Transit to Europe Via Ukraine 'Very High'

Παρ, 4 Νοεμβρίου 2016 - 18:44

Risk for natural gas transit to Europe via Ukraine is high due to short filling of underground gas storages (UGS), Deputy Chief Executive Officer of the Russian gas holding Alexander Medvedev said on Wednesday in an interview with Rossiya 24 TV Channel. "The risk of transit problems is very high this year due to insufficient gas in underground storages because more than 3 bln cubic meters were not injected, even comparing with the last year," Medvedev said

Lavrov Says Cyprus Deal Must Be 'Mutually Acceptable'

Πεμ, 3 Νοεμβρίου 2016 - 15:54

Russia’s foreign minister said Wednesday it was essential for United Nations Security Council decisions to be implemented in the Cyprus dispute. Sergey Lavrov spoke during a visit to Athens and said a deal "must be stable and mutually acceptable by the Turkish Cypriots and the Greek Cypriots”

Wood Mackenzie Expects Oil Market to Recover in 2017

Πεμ, 3 Νοεμβρίου 2016 - 15:53

The oil market will recover in the second half of 2017 irrespective of measures to be undertaken by the OPEC, UK-based consulting firm Wood Mackenzie told TASS on Thursday

Six Interested to Build Czech Reactors

Πεμ, 3 Νοεμβρίου 2016 - 15:52

Six companies have shown interest in building additional nuclear reactors at existing power plants in the Czech Republic, but a decision to proceed with construction will likely come after elections are held in October 2017

Kremlin Declines Comment on Putin's Alleged Offer to Lukoil to Buy Stake in Rosneft

Τετ, 2 Νοεμβρίου 2016 - 19:31

Russia's presidential spokesman Dmitry Peskov has refused to confirm or to deny the information that Vladimir Putin had offered Lukoil oil major to take part in privatization of Rosneft. "I don’t comment on it," he told reporters

Germany Builds First Wind Turbines Powered By Water

Τετ, 2 Νοεμβρίου 2016 - 19:30

German engineers are storing water for hydroelectricity inside wind turbines allowing the towers to act like massive batteries once the wind stops blowing. This is being reported as the first major example of the two technologies being physically integrated to supply reliable renewable energy

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.