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When China Met Grexit

Πεμ, 9 Ιουλίου 2015 - 19:11

The Shanghai Composite index bounced back on Thursday gaining 5,8%, following government intervention that started with lowering interest rates, escalated with direct asset buyingand ended up with the barring of major company shareholders from trading for the next six months.

Russia, Austria, Germany, Plan Ukraine Gas Pipe Bypass

Πεμ, 9 Ιουλίου 2015 - 19:08

Gazprom and Austria’s OMV discussed on July 8 in Berlin further actions within the Russian gas monopoly’s Nord Stream II gas pipeline project, particularly setting upofajoint venture toberesponsible for the gas pipeline design, construction and operation. The pipeline is in line of Gazprom’s strategy to completely bypass Ukraine by 2019.

Vienna is Taking a Stand Against the Nuclear Lobby in Europe

Τετ, 8 Ιουλίου 2015 - 17:52

Paradoxically for the country that is host to the International Atomic Energy Agency in Vienna, Austria is the biggest enemy of the nuclear energy lobby in Europe.

ENI Repsol Start Production at Venezuelan Gas Field

Τετ, 8 Ιουλίου 2015 - 17:44

Italian energy major ENI said on July 6 that it has started production from the giant gas field Perla, in the Gulf of Venezuela.

Greek Crisis, Iran, China Squeeze Oil Prices

Τρι, 7 Ιουλίου 2015 - 17:00

On July 6, crude oil markets suffered a severe blow amid a range of concerns stemming from Greece, Iran and China.

Rosatom Seeks EU Nuke Partners For Emerging Markets

Τρι, 7 Ιουλίου 2015 - 16:54

Sanctions against Russia imposed because of Moscow’s actions in Crimea and eastern Ukraine, have created more problems for Russia’s partners than the country’s nuclear industry, Rosatom France CEO told New Europe in an interview.

Finns Say Russian - Supplied Nuke Reactor Adds Energy Independence

Τρι, 7 Ιουλίου 2015 - 16:50

Finland’s plan to build a nuclear reactor supplied by Russia’s state-owned Rosatom will lessen the Nordic country’s dependence on imported energy supplies, Fennovoima’sProject Director told New Europe in an interview.

TAP Awards Ball Valves Contract

Δευ, 6 Ιουλίου 2015 - 10:41

Trans Adriatic Pipeline AG (TAP) has awarded its second large contract to RMA for the supply of large diameter ball valves and actuators.These elements are a critical part of the pipeline and will be installed by the onshore Engineering Pipeline Construction contractor(s) that TAP selects in Greece, Italy and Albania

Bulgaria's Energy Watchdog to Go On with Power Price Hike

Δευ, 6 Ιουλίου 2015 - 10:34

Energy regulator KEVR's head Ivan Ivanov has said that his agency will not backtrack on plans to increase power prices for industrial consumers by up to 20%. "Until now [household and industrial] consumers were not put on an equal footing, since businesses and the free market paid two times less than household users

Greek Referendum: A Decisive Win for «No» to More Austerity

Δευ, 6 Ιουλίου 2015 - 10:31

Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt economy

The Iran Nuclear Deal Has a Chance

Παρ, 3 Ιουλίου 2015 - 18:51

Vienna. On Friday, the talks between Iran, the United States, Germany, France, Russia and China are entering what is considered the climax of a week-long negotiation process.

Guy Verhofstadt: Yes Better Together!

Πεμ, 2 Ιουλίου 2015 - 18:14

ALDE Group leader Guy Verhofstadtstarts a social media campaign to show the Greek people that the European Liberals and Democrats firmly believe that Greece and the rest of Europe belong together. Verhofstadt believes only united can we find a solution with the Greek people.

EU Hopes to Resolve New Gas Spat Between Russia - Ukraine

Πεμ, 2 Ιουλίου 2015 - 17:23

On July 1, Kiev said it would stop buying Russian gas and Moscow said it halted shipments to Ukraine, after the expiry of an interim agreement on gas supplies and prices between Russian gas monopoly Gazprom and Ukraine’s national joint stock company Naftogaz.