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Bulgaria Will Score Substantial Gain from EU Energy Union - Sefcovic

Bulgaria Will Score Substantial Gain from EU Energy Union - Sefcovic

Bulgaria is among those poised to score the biggest gain from the European Energy Union in terms of energy security, improved connectedness with neighbor countries, and energy diversification, according to Maros Sefcovic, Vice President of the European Commission, in charge of Energy Union

Turkish Stream First Line Launch Postponed- Gazprom

Turkish Stream First Line Launch Postponed- Gazprom

The launch date of the first line of the Turkish Stream project has been postponed due to the political crisis in Turkey, Gazprom Deputy CEO Alexander Medvedev said on Sept. 14, as quoted by Russia’s TASS News Agency

Russia Moves to Syria?

Russia Moves to Syria?

Russia has sent some of its most modern battle tanks, moving forward with its plans on establishing a new air base in Syria, the Pentagon said on Monday

23 - 24 September, 2015: Athens to Host «Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference»

23 - 24 September, 2015: Athens to Host «Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference»

For the first time, Athens will be hosting this month the most important Oil & Gas international exhibition and conference in the Black Sea and Mediterranean region. Executives of NOC’s and senior government officials from 11 countries, 31 eminent internationalspeakers and 25 distinguished exhibitors are participating in the 3rd Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference to be held in Athens, Greece, on 23 - 24 September, 2015

Bulgarias NPP Kozloduy Shuts 1,000 MW Unit for Scheduled Overhaul

Bulgaria's NPP Kozloduy Shuts 1,000 MW Unit for Scheduled Overhaul

Bulgaria's sole nuclear power plant (NPP) Kozloduy said it shut down its 1,000 MW Unit 6 on Saturday for planned annual overhaul.The unit's overhaul is expected to be completed by the end of October, the plant said in a press release over the weekend

G.E. Gets European Regulators’ Approval to Buy Alstom Power Unit

G.E. Gets European Regulators’ Approval to Buy Alstom Power Unit

General Electric on Tuesday overcame the last big hurdle to the largest acquisition in its history, a $13.5 billion deal for the power business of Alstom of France, after European officials agreed that G.E. had adequately addressed their antitrust concerns

Qatar Sends 1,000 Troops to Yemen

Qatar Sends 1,000 Troops to Yemen

Qatar has sent 1,000 ground troops to Yemen, according to a report by Al Jazeera television. Many fear that violence in the already war-torn country might escalate even more as the Arab coaltion forces are preparing to launch a major ground attack

Petronas Said to Mull Buying Statoil’s Stake in TAP Project

Petronas Said to Mull Buying Statoil’s Stake in TAP Project

Malaysia’s state-owned energy company is considering acquiring Statoil ASA’s stake in a gas pipeline into Europe from the Caspian basin, two people with knowledge of the matter said. Petroliam Nasional Bhd, also known as Petronas, may buy Norway’s biggest energy company’s 20 percent stake in the project, said the people, who asked not to be identified as the process is confidential

«Global Oil & Gas Black Sea and Mediterranean Conference 2015» to Focus on Latest Regional Hydrocarbons Activity and Developments

«Global Oil & Gas Black Sea and Mediterranean Conference 2015» to Focus on Latest Regional Hydrocarbons Activity and Developments

All the latest hydrocarbon activity and developments in the Black Sea, East Med, Ionian and Aegean Seas will be covered in the Global Oil & Gas Black Sea and Mediterranean Exhibition and Conference (www.global-oilgas.com) to be held in Athens, Greece, on 23 - 24 September, 2015. Jointly hosted by ITE Group plc, the London-based global leader in conferences and exhibitions and Greece’s leading event organizer, ROTA SA, this major exhibition and conference event will have the Institute of Energy for SE Europe (IENE) as its official Partner

Gazprom and CNPC Sign Memorandum on Gas Deliveries from Russias Far East to China

Gazprom and CNPC Sign Memorandum on Gas Deliveries from Russia's Far East to China

Russia's Gazprom and China's National Petroleum Corporation (CNPC) have signed a memorandum of understanding on a project of natural gas deliveries from Russia to China via a pipeline in Russia's Far East. The document has been approved in the presence of Russia's President Vladimir Putin and China's President Xi Jinping

Bulgaria Offers Azerbaijan Energy Cooperation Package

Bulgaria 'Offers Azerbaijan Energy Cooperation Package'

The Bulgarian government has unveiled a package of energy cooperation projects on which it would seek to work with Azerbaijan, Bulgaria's Ambassador to the country has said. According to reports by the Trend News Agency, Baku is being offered to take part in the construction of filling stations, gas depots, and oil refineries

Russia, China Moving Towards Strategic Energy Alliance, Putin Says

Russia, China Moving Towards Strategic Energy Alliance, Putin Says

Moscow and Beijing are moving towards the formation of a strategic energy alliance, Russian President Vladimir Putin said. "Our countries are consistently moving towards the creation of a strategic energy alliance that, I am sure, will play a significant role in international economic relations," Putin said in an interview with TASS and Xinhua news agencies

Oil Prices Pull Back on New China Worries

Oil Prices Pull Back on New China Worries

Crude-oil futures pulled back on Tuesday, giving up some of the strong gains seen in the last three sessions, as worries about China’s economy resurfaced. On the New York Mercantile Exchange, light, sweet crude futures for delivery in October traded at $48.35 a barrel at 1025 GMT, down 1.73%. October Brent crude on London’s ICE Futures exchange fell 1.9% to $53.12 a barrel

Nord Stream 2 Agreement Will Not Be Signed at East Russia Economic Forum — Kremlin

Nord Stream 2 Agreement Will Not Be Signed at East Russia Economic Forum — Kremlin

Signing of the Nord Stream 2 gas pipeline agreement is not planned at the East Russia Economic Forum (EREF), press secretary of the Russian President Dmitry Peskov said on Monday. "As far as I know, this piece of information is contrary to facts. No such signing is planned," Peskov said, adding that the list of energy deals planned to be executed at the EREF has not yet been finalized