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IEA: Russia’s Energy Sectors are at a Turning Point

Δευ, 23 Ιουνίου 2014 - 12:32

By attracting large investments to modernise its ageing power generation and transmission systems as well as district heating supply chain, and by dramatically improving energy efficiency in the building and industrial sectors, Russia could develop new economic growth pillars beyond the oil and gas sectors, the International Energy Agency (IEA) says in a new report.

BSTDB May Help Finance South Stream Gas Pipeline

Δευ, 23 Ιουνίου 2014 - 12:29

The Black Sea Trade and Development Bank (BSTDB) may provide financing for the construction of the South Stream gas pipeline once all parties involved in the project settle the relevant issues, the bank’s president said on Friday.

The 2nd Green Energy Week in Crete Region Will Be Celebrated with the 1st SOLAR TOUR of the Island

Παρ, 20 Ιουνίου 2014 - 13:25

The Region of Crete and its Energy Agency will hold the 2nd Green Energy Week of Crete in order to help promote energy efficiency sustainable mobility and renewable energy use in Greece and across Europe. At the event, attendees will be all visitors and residents of the island who will be able see the 1st solar vehicle designed and made in Crete.

EU is Blocking South Stream Partners- Novak

Παρ, 20 Ιουνίου 2014 - 12:59

Russian Energy Minster Alexander Novak said on Thursday some partners in the South Stream gas pipeline project had come under pressure from the European Union, Interfax news agency reported on Thursday.

The Global Green Technology Market is Expected to Double

Παρ, 20 Ιουνίου 2014 - 12:58

The global green technology market is expected to double to a value of EUR 4.4 trillion in the next ten years. But where do traditional industry sectors find themselves in this brave new world? And how can green start-ups thrive? Styria's Green Tech Valley has shown that with some imagination and R&D, heavy industry and eager newcomers alike can find a place in the green revolution.

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

Πεμ, 19 Ιουνίου 2014 - 12:18

German wind turbine maker Nordex SE said on Wednesday it has received three orders to supply Turkish energy firms Sancak Enerji, Yeni Enerji and Bicakcilar Enerji with a total of 44.4 megawatts (MW) of wind turbines for their first wind projects.

Romania Regulated Electricity Prices Expected to Drop

Πεμ, 19 Ιουνίου 2014 - 12:17

Emil Calota, vicepresident of Romania's National Agency for Energy Regulation (ANRE), announced on Wednesday that regulated electricity prices will drop starting with July 2014, Mediafax reports.

Zoltav Resources has Bought Cyprus' Royal Atlantic Energy for $180m

Πεμ, 19 Ιουνίου 2014 - 12:16

Russian oil and gas explorer and producer Zoltav Resources has bought Royal Atlantic Energy (Cyprus) for $180m.

Croatia Prepares Onshore Oil, Gas Exploration Tender

Τετ, 18 Ιουνίου 2014 - 13:25

Croatia is preparing its first tender for onshore oil and gas exploration and production which will target the Podravina and Posavina locations, in the basins of the Drava and Sava rivers, the country's economy minister Ivan Vrdoljak said on Tuesday.

Bulgaria is Ready to Secure Gas for a Maximum Period of Time

Τετ, 18 Ιουνίου 2014 - 13:21

“The Bulgarian government is ready to secure gas for a maximum period of time, at least 3-4 months. There is a decision of the Council of Ministers to inject additional gas quantities in UGS Chiren. We have ideas for alternative supplies”, said Bulgaria's Deputy Prime Minister on Economic Development Daniela Bobeva in response to a journalist's question regarding Russia-Ukrain gas supply disputes.

Serbia Will Continue Construction of the South Stream Pipeline in July

Τετ, 18 Ιουνίου 2014 - 13:20

Russian Foreign Minister Sergei Lavrov said Serbia will continue construction of the South Stream pipeline in July as Norwegian gas company Statoil told the European Union it will help with gas supplies. Russia cut off gas to Ukraine on Monday, which could affect Europe’s gas supply.

Total E&P Bulgaria Invites Bids for Offshore Well Drilling Services

Τρι, 17 Ιουνίου 2014 - 12:14

Total E&P Bulgaria, the Bulgarian unit of France’s Total, has opened a tender for offshore drilling services for two wells at Bulgaria’s 1-21 Han-Asparuh offshore exploration block, a tender notice indicated.

Romania's Oil Production Increased by 4 percent

Τρι, 17 Ιουνίου 2014 - 12:13

Romania’s oil production increased by 4 percent last year, to 86,644 barrels a day. This is the first growth in the country’s oil production since 1994, when it produced 145,370 barrels a day. The largest oil production ever recorded in Romania was in 1977, of 313,541 barrels a day.