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Iran, Greece Sign Economic MoUs to Further Bilateral Ties

Δευ, 8 Φεβρουαρίου 2016 - 17:14

Tehran and Athens signed three political and economical MoUs on Monday. Iran’s first Vice President Es’hagh Jahangiri officially welcomed Greek Prime Minister Alexis Tsipras at S'adabad Palace on Monday and discussed bilateral issues and cooperation between the two countries

Shell Turkey Sees TL 16 Billion in Profit in 2015

Παρ, 5 Φεβρουαρίου 2016 - 16:14

Shell Turkey earned more than 16 billion Turkish liras in 2015 with growth in long-term investments outperforming market expectations, Shell Turkey Chairman Ahmet Erdem said in a recent interview with the Anadolu Agency's energy desk

Shell, Statoil Earnings Decline as Oil Price Drags

Παρ, 5 Φεβρουαρίου 2016 - 16:13

Oil giants Royal Dutch Shell and Statoil reported steep declines in earnings as lower crude prices continue to inflict pain on major oil companies

ELPE and Energean Land Greek Gas Search Blocks

Παρ, 5 Φεβρουαρίου 2016 - 16:12

Greece has awarded concessions to Hellenic Petroleum (ELPE) and Energean Oil & Gas for onshore gas exploration and exploitation in three fields in the west of the country, the Energy Ministry in Athens said on Thursday

Russia’s Oil Export Down 0.7% in Jan to 20.7 Mln Tonnes — Statistics

Τετ, 3 Φεβρουαρίου 2016 - 12:50

Russia’s crude oil export equaled 20.71 mln tonnes in January 2015, a 0.7% or 903,400 tonnes decrease year-on-year, according to the documents published by the Central Dispatching Department of Fuel Energy Complex. Particularly, exports to CIS countries rose by 0.8% to 1.982 mln tonnes while supplies to non-CIS countries dropped by 0.9% to 18.728 mln tonnes

EU Parliament to Vote on New Emissions Test Rules

Τετ, 3 Φεβρουαρίου 2016 - 12:49

The European Parliament on February 3 is scheduled to vote on a new system for testing whether cars breach limits on dangerous nitrogen oxides (NOx). The plan is in response to the recent scandal involving German carmaker Volkswagen, which admitted to manipulating emissions test data

Greece to Decide on Three Gas Exploration Licences

Τετ, 3 Φεβρουαρίου 2016 - 12:47

Greece will decide soon on the awarding of three onshore natural gas exploration licences in the west of the country in its second licensing round, Energy Minister Panos Skourletis said on Tuesday

Turkey Wins Gas Dispute Arbitration Case Against Iran

Τρι, 2 Φεβρουαρίου 2016 - 16:27

The International Court of Arbitration has ruled against Tehran in the gas dispute between Ankara, officials from Turkey's Energy and Natural Resources Ministry told Anadolu Agency on Tuesday

Germany: Solar Installs Just 1.37 GW in 2015

Τρι, 2 Φεβρουαρίου 2016 - 16:26

In December, 3,371 new small and medium-sized solar PV plants, totaling 117.21 MW were registered with Germany’s Federal Network Agency. Together with 27.4 MW of ground-mounted systems, which were included in the register, 144.6 MW of solar PV was registered in the final month of 2015

France Supports Cancelling Sanctions on Russia

Τρι, 2 Φεβρουαρίου 2016 - 16:25

French Finance Minister Emmanuel Macron hinted last week in Moscow that his country would support an end to sanctions when they come up for renewal in July this year."The objective we all share is to be able to lift sanctions next summer because the process has been respected”, Macron French newspaper Le Figaro. For sanctions to beextended beyond July, all members of the EU would have to agree

Kuwait to Set Up Company to Run Refinery Complex

Δευ, 1 Φεβρουαρίου 2016 - 12:04

Kuwait's National Petroleum Company (KNPC) said on Sunday it will set up a new company to run its planned al-Zour refinery and petrochemical complex which, when built, will be the biggest in the Middle East

Greece, Cyprus, Israel Push EastMed, EuroAsia, LNG Projects

Δευ, 1 Φεβρουαρίου 2016 - 11:13

Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades, and Israeli Prime Minister Benjamin Netanyahu agreed in Nicosia on January 28 to strengthen cooperation between their three countries, “especially on energy as the discovery of hydrocarbons in eastern Mediterranean can be a catalyst for stability and partnership”

Canete: Turkey is Very Well Placed to Become a Gas Hub in the Region

Δευ, 1 Φεβρουαρίου 2016 - 11:08

Turkey is very well placed to become a gas hub in the region because it can offer a good alternative to LNG supplies and pipeline gas, according to European Union (EU) Commissioner for Energy and Climate