Energy Headlines

23 july 2016
Serbia, Greece, Macedonia And Hungary Discuss Turkish Stream The foreign ministers of Greece, Macedonia, Serbia and Hungary are due today to meet in Budapest to explore their potential participation in Russian plans for the new Turkish Stream pipeline. According...
23 july 2016
Iran nuclear talks: 'Framework' deal agreed An outline agreement on the future shape of Iran's nuclear programme has been reached after marathon talks with six major powers in Switzerland.Under the deal, Iran will reduce its enrichment capacity...
16 july 2016
UAE's Shah gas project seen achieving full capacity in Q2 The Shah gas project which began operations this year in the United Arab Emirates will achieve full production in the second quarter, earlier than expected, a top company official said on Tuesday. "Initial...
15 july 2016
EU leaders seek tighter oversight of Russian gas deals European Union leaders called for more transparency in natural gas contracts with Russia and other external suppliers under the proposed energy union plan. EU heads of government held their first talks...
12 july 2016
Commission to regulate and incentivise building energy efficiency The European Commission is on track to launch infringement procedures against member states which have not properly implement EU law about energy efficiency in buildings. Energy and Climate Action Commissioner...
9 july 2016
The offshore wind industry can compete with gas and coal within a decade The European offshore wind industry must shed 26% of outlays to reach cost-competitiveness with conventional forms of energy by 2023, according to a study by EY. The report states that the industry must...
9 july 2016
Joint gas buying on EU leaders' summit agenda EU leaders will discuss how best to strengthen the bloc’s bargaining power, including the collective buying of gas, when they debate the European Commission communication on Energy Union. Energy efficiency...
7 july 2016
New European gas pipeline progressing Planners behind a new natural gas pipeline for the European market said contractors are invited to bid on offshore construction work in the Adriatic Sea. "I am delighted to invite companies, including those...
7 july 2016
Joint gas buying on EU leaders' summit agenda EU leaders will discuss how best to strengthen the bloc’s bargaining power, including the collective buying of gas, when they debate the European Commission communication on Energy Union. Energy efficiency...
3 july 2016
Šefčovič mediating between Russia and Ukraine in order to avert new gas crisis Commission Vice-President Maroš Šefčovič said today (25 February) that he is attempting to mediate between Ukraine and Russia, in order to avoid a new gas crisis. A new conflict between...
1 july 2016
Chevron ditches last European fracking project in Romania US energy giant Chevron is quitting shale gas exploration in Romania after prolonged anti-fracking protests. Romania was the last shale gas project of Chevron in Europe. Last month Chevron made clear that...
29 june 2016
Iran prepared to impose oil, gas embargo if necessary: supreme leader Iran would be willing to impose a hydrocarbon embargo if there were a final deal in the nuclear talks with the West and international sanctions were not lifted, Supreme Leader Ayatollah Ali Khamenei said...
29 june 2016
Energy Union will be built on public guarantees for private investment, says Cañete The Energy Union will be partly built through lines of private finance guaranteed by public money, Climate Action and Energy Commissioner Miguel Cañete said yesterday (16 February). Such “blended”...
24 june 2016
EU energy consumption level falls to 20-year low Energy consumption in the European Union has fallen to levels last seen more than two decades ago, statistics published on Monday showed. The dramatic drop in annual consumption – in 2013, the year to which...
24 june 2016
Proposed gas hub in Bulgaria to cost EUR 2.2 B, PM Borisov says. Building a gas distribution centre in Bulgaria to serve South Eastern Europe and the EU would cost EUR 2.2 B, Prime Minister Boyko Borisov said on Monday. Addressing the first meeting of the high-level...
4 may 2016
Naftogaz: Ukraine imports by reversal about 30 million cubic meter of gas per day Ukraine has currently received about 30 million cubic meters of reverse-flow gas per day. Acting Deputy Chairman of Naftogaz Ukrainy Yurii Kolupailo stated at a briefing during a press day of the Government...
4 may 2016
Naftogaz to make a prepayment by Gazprom accounts due to the ordered gas quantities NJSC Naftogaz Ukrayiny has received an invoice from Gazprom, to make an advance payment for Russian gas. The amount and a schedule of payments depend on the volumes and period determined by Naftogaz to...
4 may 2016
Naftogaz transfers first payment for 11.5 bln cubic meters of gas at $268.5 November 4, 2014, Kyiv - Naftogaz of Ukraine has transferred $1.45 billion to Gazprom as a tranche forgas supplied and unpaid previously. According to the agreement reached in Brussels, Naftogaz will pay...
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