English Edition

Nord Stream Expansion Brings Controversy

Δευ, 13 Ιουλίου 2015 - 17:10

Claims targeting Russia over the Nord Stream-2 pipeline project claiming it unnecessary and harmful to Ukraine are exaggerated, according to Nikos Tsafos, president and chief analyst of Enalytica, a Washington-based energy-think tank on Saturday

Bulgaria’s PM, Montenegro’s President Discuss Opportunities for Power Exports to Italy

Δευ, 13 Ιουλίου 2015 - 17:08

Prime Minister Boyko Borisov has suggested at a meeting with Montenegro’s President Filip Vujanovic that Bulgaria may use a high-voltage link between Montenegro and Italy, which is yet to be completed, in order to export electricity to Italy

Iran Needs 5 Years to Become Major Gas Exporter: Fitch

Δευ, 13 Ιουλίου 2015 - 17:01

Iran is looking towards at least five years to boost its natural gasproduction and exports, even if sanctions on the country are removed with a successful final nuclear deal with the P5+1 group, Fitch Ratings said Friday. "Iran has the long-term potential to become one of the world's top gas producers...but...it will take at least five years to ramp up production and build the pipelines necessary to become a large gas exporter," Fitch said

Greece Secures New Bailout Deal From Creditors

Δευ, 13 Ιουλίου 2015 - 16:58

The foundations of a new bailout deal for Greece have been agreed though tough negotiations still lie ahead to end its financial crisis. Sixteen hours of talks overnight between the leaders of eurozone nations broke up with EUpresident Donald Tusk tweeting that there had been a unanimous agreement on a programme that included "serious reforms" and "financial support"

Nuclear Talks at Critical Stage Talks Though Weekend

Παρ, 10 Ιουλίου 2015 - 16:24

Nuclear talks between Iran and the P5+1 (Britain, China, France, Germany, Russia and the US) entered a critical stage and Iranian Foreign Mohammad Javad Zarif said the talks will continue through the weekend.

Russia, India Boost Oil Partnership at BRICS Summit

Πεμ, 9 Ιουλίου 2015 - 19:16

At the BRICS summit, Russia’s top state oil producer Rosneft signed an agreement withthe Indian corporation Essar onJuly 8 to deliver oil over a period of ten years and agreed to buy a 49% stake in India’s second-largest oil refinery.

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.