English Edition

Obama Closer to Securing the Iran Deal

Δευ, 31 Αυγούστου 2015 - 19:24

President Barack Obama can now count on the support of 31 Senators to ratify the Iran nuclear deal

Naftogaz Requests Advance Payment from Gazprom for Russian Gas Transit

Τετ, 26 Αυγούστου 2015 - 18:50

Ukraine’s energy company Naftogaz has addressed Russian energy giant Gazprom with a proposal to make advance payments for gas transit to Europe, a Russian business daily reported Monday

Romania's OMV Petrom Plans Secondary Listing in London

Τετ, 26 Αυγούστου 2015 - 18:48

Romania's top oil and gas group OMV Petrom said on August 19 it plans to list its shares on the London Stock Exchange via global depository receipts (GDRs).OMV Petrom's shareholders will vote on the proposal at an extraordinary general meeting scheduled forSeptember 22, the company said in a statement filed with the Bucharest Stock Exchange

Bulgarian PM Points to Trans-Caspian Pipeline as Step Towards Energy Diversification

Τετ, 26 Αυγούστου 2015 - 18:47

Bulgarian Prime Minister Boyko Borisov pointed to the Trans-Caspian gas pipeline as a possible step towards the achievement of greater energy diversification. Borisov stated this during his meeting with the President of Turkmenistan Gurbanguly Berdimuhamedow in Ashgabat on Tuesday, the government's press service informs. The Trans-Caspian pipeline is projected to transfer natural gas from Turkmenistan to Azerbaijan

Fitch: EU and Gazprom Should Reach Agreement in Market Abuse Probe

Τετ, 26 Αυγούστου 2015 - 18:45

The European Commission and Gazprom will reach an agreement within the framework of the EC’s market abuse probe against the Russian company, international rating agency Fitch Ratings said on Monday

Romania Loses Trial With German Group E.On, Will Pay EUR 2 Mln

Δευ, 24 Αυγούστου 2015 - 17:08

The Romanian state will have to pay the German energy group E.On EUR 2 million compensation. The amount represents the legal costs of a dispute that Romania has filed at the arbitration court in Paris against the company, which it lost

Sputnik: Greece Attempting to Become Energy Centre in Europe

Δευ, 24 Αυγούστου 2015 - 17:07

Greece is attempting to become an energy centre in Europe in order to make its contribution to cooperation between countries, Greek Minister of Productive Reconstruction, Environment and Energy Panos Skourletis told Sputnik

Russia's Novatek to Sell 10 Pct in Yamal to Chinese Fund

Δευ, 24 Αυγούστου 2015 - 17:04

Russia's second-biggest gas producer Novatek is close to selling a 9.9 percent stake worth an estimated $900 million in its Yamal liquefied natural gas project to a Chinese investment fund, Kommersant business daily reported on Monday

Transatlantic Fails to Get Final Approval to Amend Agreements for Albanian Gas, Oil Fields

Δευ, 24 Αυγούστου 2015 - 17:02

International oil and natural gas company TransAtlantic Petroleum said that it had failed to receive final approval of agreements amending the terms of agreements relating to three oil fields and one gas field in Albania

Bulgaria, Romania Seek New Builder for Giurgiu-Ruse Gas Pipeline Section

Τετ, 12 Αυγούστου 2015 - 10:16

Earlier the state owned gas companies of the two countries, Romania’s Transgaz and Bulgaria’s Bulgartransgaz, terminated the contract with the companies that were supposed to drill under the Danube River, according to reports of the Bulgarian National Radio and Romanian daily newspaper Gandul

Fitch: The Impact of Driverless Cars Could be Significant

Τετ, 12 Αυγούστου 2015 - 10:16

The impact of driverless cars on high-tech and low-tech jobs, vehicle usage, toll roads, life changing independence and even reducing car accidents could be significant. Their ultimate arrival appears likely, as they are part of an ongoing trend of increasing automobile automation

Iran Eyes Caspian, Central Asian Markets

Δευ, 10 Αυγούστου 2015 - 10:39

Lifting of Iran sanctions will help Tehran resume its oil swap transactions with Russia, Turkmenistan, and Kazakhstan. That, in its turn, will enhance Iran’s foreign policy influence in the Caspian region

Petromanas Receives Notification of Successful Bid on Block 4 Onshore Albania

Δευ, 10 Αυγούστου 2015 - 10:37

Petromanas Energy has announced that the Albanian National Agency of Natural Resources ('AKBN') has advised that the Company, together with its joint venture partner Royal Dutch Shell, is the successful bidder for Block 4, onshore Albania, following an international auction