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Gazprom, Edison Discussed Gas Supplies to Europe Over ITGI Poseidon Pipeline

Gazprom, Edison Discussed Gas Supplies to Europe Over ITGI Poseidon Pipeline

Τετ, 31 Αυγούστου 2016 - 17:22

Gazprom and Italy’s Edison discussed organization of the southern route of Russian natural gas supplies to Europe over ITGI Poseidon gas pipeline route [Turkey-Greece-Italy interconnector pipeline project - TASS] against the background of resumed Turkish Stream project, the Russian gas holding said on Tuesday

Greece’s Energean to Buy 2 Israeli Gas Fields as Cyprus Advances 3rd Licensing Round

Greece’s Energean to Buy 2 Israeli Gas Fields as Cyprus Advances 3rd Licensing Round

Τετ, 31 Αυγούστου 2016 - 17:20

Greece’s Energean Oil & Gas inked on August 16 a $148.5 million deal to purchase Israel’s natural gas fields Karish and Tanin. Delek Drilling and Avner, part of Israel’s leading integrated energy company, signed the agreement, which is being undertaken as part of the implementation of the Gas Framework, set up by the Israeli Government as part of their strategy to develop the energy market, for the sale of 100% of their holdings in the two fields to Energean

Montenegro, Croatia, Albania, SOCAR Initial MoU for IAP Construction

Montenegro, Croatia, Albania, SOCAR Initial MoU for IAP Construction

Τρι, 30 Αυγούστου 2016 - 15:49

Montenegro, Croatia, Albania and the executives of Azerbaijani oil and gas company SOCAR initialed a memorandum of understandingon the development of the Ionian Adriatic Pipeline (IAP) on the sidelines of the Dubrovnik-based investment forum, Montenegro's economy ministry said

StateAid: Commission has Approved a Greek State Guarantee to Improve Electricity Generation on Islands

StateAid: Commission has Approved a Greek State Guarantee to Improve Electricity Generation on Islands

Τρι, 30 Αυγούστου 2016 - 15:47

In December 2015 Greece notified plans to grant the Greek electricity company PPC a State guarantee, which would enable the company to secure a €190 million loan from the European Investment Bank (‘EIB’). The loan will cover half of the costs for the necessary upgrade, expansion and refurbishment of existing power plants on 18 islands not connected to the electricity grid of the mainland

Iran Signs Seven Initial Oil Deals With Foreign Firms

Iran Signs Seven Initial Oil Deals With Foreign Firms

Τρι, 30 Αυγούστου 2016 - 15:47

Iran has signed seven new initial agreements with foreign oil companies, Ali Kardor, managing director of the National Iranian Oil Company (NIOC), was quoted as saying by the oil ministry's news agency Shana on Tuesday

Bulgarias Quest for a Hub Draws Major Interest

Bulgaria's Quest for a 'Hub' Draws Major Interest

Τρι, 30 Αυγούστου 2016 - 15:45

In early September about 17 international energy companies will come together to discuss a Balkan gas hub concept promoted by the Bulgarian government and supported by the European Commission (EC), the government said

Gas Exploration to Resume in Israeli Waters

Gas Exploration to Resume in Israeli Waters

Παρ, 12 Αυγούστου 2016 - 12:11

The Petroleum Council that reports to the Ministry of National Infrastructures, Energy and Water Resources has approved the granting of new exploration areas in Israel's economic waters. The Council's made its recommendation after four years in which the sea was closed to new exploration, and following Minister of National Infrastructures, Energy and Water Resources Yuval Steinitz's instruction that exploration should be renewed

Turkish Stream Will Not Directly Rival Nord Stream 2 — Austrian OMV

Turkish Stream Will Not Directly Rival Nord Stream 2 — Austrian OMV

Παρ, 12 Αυγούστου 2016 - 12:10

The Austrian oil and gas company OMV, which is participating in the NordStream 2 gas pipeline construction project, does not view the Turkish Stream as a direct rival, Executive Board member Manfred Leitner told a press conference Wednesday

IEA: Crude Production to Fall Behind Demand

IEA: Crude Production to Fall Behind Demand

Παρ, 12 Αυγούστου 2016 - 12:09

The world’s production of crude oil is falling behind demand, the International Energy Agency said Thursday. From July through September, global production of crude oil is likely to lag behind demand by almost one million barrels a day, said the IEA, a Paris agency that monitors energy trends for oil-consuming nations. The current glut of crude is clearing out even as OPEC producers pump at record or near-record levels

How Will Solar Financing Be Affected by the Attempted Coup in Turkey?

How Will Solar Financing Be Affected by the Attempted Coup in Turkey?

Τρι, 19 Ιουλίου 2016 - 17:34

An attempted coup in Turkey on Friday night made headlines worldwide and has left the country in political turmoil. The news came at the worst time for the domestic solar industry, which had been enjoying its best year so far. Will the uncertain political climate in Turkey that remains after the attempted coup affect solar progress in the country?

Vestas Secures 26 Megawatt Wind Order in Turkey

Vestas Secures 26 Megawatt Wind Order in Turkey

Δευ, 4 Ιουλίου 2016 - 15:43

Danish renewable energy company Vestas secured a contract with Turkish energy company Elfa Electric Production to supply 26 megawatts for a wind farm to be located in Balikesir in eastern Turkey, the company announced on Wednesday

Gazprom Strikes Gas Deal With Slovakia

Gazprom Strikes Gas Deal With Slovakia

Δευ, 4 Ιουλίου 2016 - 15:42

Gazprom will send some of the gas from its controversial Nord Stream 2 pipeline through Slovakia, the Russian state-controlled company said, in a move that may soften Slovak opposition to the project