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EU Fast-Tracks Tesla, Eastring Gas Lines

EU Fast-Tracks Tesla, Eastring Gas Lines

The European Commission on November 18 included the Tesla and Eastring gas pipelines in its updated Project of Common Interests (PCIs) list, which will enable the gradual build-up of the Energy Union by integrating the energy markets in Europe, diversifying the energy sources and transport routes

Dutch Court Limits Groningen Gas Production to 27 bcm

Dutch Court Limits Groningen Gas Production to 27 bcm

A Dutch Court has today (Wednesday) temporarily limited gas extraction in Groningen to 27 billion cubic metres (bcm) of gas a year, adding that the NAM consortium could be allowed to ramp up production if cold weather necessitates doing so

OMV Petrom Modernizes Research Institute in Romania

OMV Petrom Modernizes Research Institute in Romania

Oil & gas producer OMV Petrom has completed modernizing the Institute of Research and Design Technology (ICPT) in Campina, following a EUR 4.6 million investment

Energy Union to Boost Diversification of Sources

Energy Union to Boost Diversification of Sources

The European Commission said on November 18 that the EU has made much progress since the adoption of the Energy Union Framework Strategy nine months ago but warned that member states lacked sufficient alternatives to Russian supplies

The Energy Union is On Track to Deliver

The Energy Union is On Track to Deliver

The first State of the Energy Union Report shows that much progress has already been made since the adoption of the Energy Union Framework Strategy 9 months ago. Still much remains to be done, and 2016 will be an important year of delivery

This year’s «Energy and Development» Conference Attracted Record Participation

This year’s «Energy and Development» Conference Attracted Record Participation

More than 280 registered delegates participated in the annual "Energy and Development 2015” conference organized by IENE in Athens last week (November 11 and 12). Apart from its high participation, the conference proved a huge success as it attracted several high level speakers from Greece and abroad, from both government and industry but also from academia

Turkey, Russia Will Speed up Work on Nuclear Power Plant

Turkey, Russia Will Speed up Work on Nuclear Power Plant

Turkey will speed up work to overcome regulatory hurdles that have delayed its first nuclear power plant project, planned to be built by Russia, Energy Minister Ali Rıza Alaboyun told Reuters on Nov. 16, adding that they still aim for it to become operational by 2022

US Warplanes Strike Daesh Oil Trucks

US Warplanes Strike Daesh Oil Trucks

United States warplanes for the first time attacked hundreds of trucks on November 16 that Daesh also known as ISIS or ISIL has been using to smuggle the crude oil it has been producing in Syria in an effort to curtail the extremist group’s income

British Nightmare Worsens for Germanys RWE

British Nightmare Worsens for Germany's RWE

Weakness at RWE's British business npower continued to eat into the German utility's profits, prompting investors to dump shares in a company already struggling with a structural crisis at home

Russia, Kuwait Ink LNG Deal

Russia, Kuwait Ink LNG Deal

Russian gas monopoly Gazprom and state-owned Kuwait Petroleum Corporation have signed a memorandum of understanding, agreeing to cooperate in liquefied natural gas (LNG), liquefied hydrocarbon gases (LHG) and other petrochemical projects, as well as in scientific, technical and investment areas

Saudi Strategy Pushes US Shale Oil off the Energy Market

Saudi Strategy Pushes US Shale Oil off the Energy Market

According to a report published by the International Energy Agency (IEA) on Tuesday, OPEC’s global market share in oil is poised to expand by 2020 as non-conventional oil producers are pushed out of the market. This baseline scenario envisages a 50$ a barrel price until 2017. Thereon, prices are likely to surge until they recover to $80 a barrel

Croatian Municipality to Receive €9.2 Million Loan for Waterworks

Croatian Municipality to Receive €9.2 Million Loan for Waterworks

The European Bank for Reconstruction and Development (EBRD) is supporting improvements to the wastewater network in the Croatian city of Sisak and neighbouring municipalities with a €9.2 million loan. The funds will be provided to Sisački vodovod, the local water supply and wastewater company, for the financing of the construction of a new wastewater treatment plant and upgrades and extensions to the municipal wastewater network