English Edition

Libya FM: Extremists Seek to Capture Oil and Gas Resources

Τετ, 31 Δεκεμβρίου 2014 - 13:30

Libya's foreign minister said Sunday that extremist groups are making a renewed push to seize oil resources, after an assault on eastern terminals set storage tanks ablaze, sending massive clouds of black smoke into the sky.

Bulgaria: Electricity Price Might Rise in April or July – Energy Watchdog

Τρι, 30 Δεκεμβρίου 2014 - 18:39

The price of electricity in Bulgaria is not going to rise on 1 January 2015, but an increase might take place in April or July next year. This was announced by the Chair of the State Energy and Water Regulatory Commission (DKEVR) Svetla Todorova in an interview for private bTV station. In October, prices went up 9.5 to 9.9 percent depending on which company provides electricity distribution services

U.K. Said to Be Open to Talks on RWE Sale to Billionaire

Τρι, 30 Δεκεμβρίου 2014 - 18:37

The U.K. is open to talks on RWE AG (RWE)’s plan to sell its Dea unit to a group led by Russian billionaire Mikhail Fridman, but still concerned it would leave British gas fields at risk from future sanctions against Russia, a person familiar with the matter said

Gazprom Becomes 100% Owner of Scrapped South Stream

Τρι, 30 Δεκεμβρίου 2014 - 18:35

Russian gas monopoly Gazprom said on December 29 that it has bought out the shares of South Stream Transport BV, a company that was in charge of the construction of the offshore section of the cancelled natural gas pipeline

Massive Rescue Effort for Greece to Italy Ferry - Five Dead All Remaining Passengers Rescued

Δευ, 29 Δεκεμβρίου 2014 - 17:33

Italian and Greek military and coast guard rescue crews battled gale-force winds and massive waves Sunday as they struggled to rescue hundreds of people trapped on a burning ferry adrift between Italy and Albania. At least five peopledied and two were injured.

TANAP Awards Construction Contracts

Δευ, 29 Δεκεμβρίου 2014 - 17:33

The consortium for the Trans-Anatolian gas pipeline (TANAP) for delivery natural gas from Shah Deniz-2 development in Azerbaijan to Turkey and Europe has picked three contractors for the approximately 1800 km pipeline ‘s construction.

Fear in the Eurozone on News of Greek Election

Δευ, 29 Δεκεμβρίου 2014 - 17:21

Stock market tumbled 11.3 % on news of the future Greek election, which will be held Jan. 25 and was triggered by parliament's failure to elect a new president. European markets also fell, with theEuroStoxxindex down 0.9 %.

Warplanes Strike Misurata as Libya Conflict Escalates

Δευ, 29 Δεκεμβρίου 2014 - 16:59

Warplanes attacked Libya's third-largest city of Misurata on Sunday, the first time the industrial port of 300,000 has been struck in an expanding seven-month civil conflict that has already set on fire the country's largest oil terminal.

Saudi Arabia Sees End of $100 Oil

Τετ, 24 Δεκεμβρίου 2014 - 18:48

OPEC kingpin Saudi Arabia said the Organization of Petroleum Exporting Countries wouldn’t budge on its decision not cut production, even if oil hits $20 a barrel. It also said the world may never see $100 a barrel ever again

Supporting Greece to Exit the Crisis

Τρι, 23 Δεκεμβρίου 2014 - 18:15

18 new EU investment Programmes for Greece and each of its regions have been given the green light on 22 December by the European Commission

Greek Lawmakers Fail to Elect President in Round 2

Τρι, 23 Δεκεμβρίου 2014 - 18:09

Greek lawmakers have failed to elect the country's new president in a second round of voting, leaving the government with a final attempt next week to break an impasse that could force early elections

South Stream Dead - Putin Pushes Turkish Stream

Τρι, 23 Δεκεμβρίου 2014 - 18:01

Russian gas monopoly Gazprom said a gas pipeline dubbed Turkish Stream will be built instead of the long-planned South Stream natural gas pipeline for Europe

Bulgarian Regulator Extends TPP Bobov Dol Electricity Generation Licence Until End - 2019

Τρι, 23 Δεκεμβρίου 2014 - 17:49

Bulgaria's energy regulator said on Monday it extended by five years, until then end of 2019,the electricity production licence of thermal power plant (TPP) Bobov Dol