Energy Headlines

Azerbaijan to open first phase of Southern Gas Corridor to Turkey in July The first phase of the Southern Gas Corridor (SGC) pipeline from Azerbaijan to Europe will open in July and could be expanded after it becomes fully operational in 2020, Azeri state energy company SOCAR said.

Azerbaijan to open first phase of Southern Gas Corridor to Turkey in July The first phase of the Southern Gas Corridor (SGC) pipeline from Azerbaijan to Europe will open in July and could be expanded after it becomes fully operational in 2020, Azeri state energy company SOCAR said.

EU ready to consider Iran joining Southern Gas Corridor The project will build on the existing South Caucasus Pipeline, which will be expanded and extended into Turkey via the Trans Anatolian Pipeline. From Greece, the Caspian gas will flow to Italy via the Trans Adriatic Pipeline. Both TANAP and TAP have yet to be built.

EU bank courts controversy with €1.5bn gas pipe investment The European Investment Bank (EIB) decided this week to invest €1.5bn in a natural gas pipeline connecting Italy, Greece, and Albania – despite MEPs having requested a vote on such preferential treatment given to fossil-fuel gas projects.

Saudi Arabia is starting a renewable energy revolution For the time being, the Kingdom remains disproportionately dependent on the price of the barrel.

Romania to deliver quantities of natural gas to Hungary starting 2020 Romania will finish the necessary investments to export natural gas to Hungary by 2020, according to an agreement signed on Monday by the foreign ministers of the two countries.

Reverse Slovak-Ukrainian gas pipeline is at half capacity despite the season Despite being at the peak of the winter season, the Slovak-Ukrainian gas pipeline Vojany - Uzhgorod is only operating at half capacity. During January, roughly 19 million cubic metres of natural gas per day were shipped across Slovakia to the Ukraine.

Ukraine attracts 700 million euros in “green”energy Over the past three years, more than 700 million euros have been invested in the alternative energy sources’ development in Ukraine according to Sergey Savchuk, the head of State Agency of Energy Efficiency...

New wind power station was launched in Ukraine In Kherson region the first stage of Novotroitska wind power plant was launched according to the press service of the State agency on Energy Efficiency and Energy Saving of Ukraine. It is noted that the...

Ukrainian families invested 22 million euros in solar energy More than 1,600 Ukrainian families installed solar energy equipment, investing a total of 22 million euros, says Sergey Savchuk, the head of State Agency for Energy Efficiency. Over the past 3 years,...

Water Evaporation will cover 70% of US electricity needs According to American scientists, converting water to steam is an effective renewable energy source. Water evaporation in all US lakes and reservoirs will generate 325 gigawatts of electricity which is...

Canadians will build five new solar power stations in Ukraine for 94 million euros Сanadian company TIU Canada Co. has announced its intention to build five solar power stations in Ukraine. The construction of the first one in Nikopol (Dnipropetrovsk region.) has already started, and...

Algae will become the basis for biofuels Two technologies, developed by the Pacific Northwest National Laboratory of the US Department of Energy, will allow cars to work on algae biofuels, according to Phys.org. These technologies are among the...

Energy Efficiency Fund budget will be 1.2 billion UAH in 2018 The resource of the Energy Efficiency Fund will amount to 1.2 billion UAH next year according to the Cabinet of Ministers press service. It is reported that the Energy Efficiency Fund will receive 400...

Two more countries are ready to join OPEC+ Libya and Nigeria have confirmed their readiness to join the OPEC agreement, according to Essam al-Mazruk, Kuwaiti oil minister. He also noted that within 8 months since the beginning of the OPEC + agreement...

EU energy talks with Ukraine focus on winter supply The EU’s energy commissioner yesterday held talks on energy security with Ukraine in Vienna, focusing on what needed to be done to ensure stable gas supplies to Ukraine, and via Ukraine to the EU during...

US shale has been stymied by Saudi Arabia, says Shell CEO Saudi Arabia’s move to abandon its role as the balancing force in world oil markets has put the brakes on America’s energy boom, with Riyadh successfully pressuring US shale producers, according to the...

Alaska Sen. Lisa Murkowski ties Iran to U.S. oil export debate Iranian sanctions should stay in place as long as policymakers keep a ban on domestic crude oil exports in force, a report from U.S. Sen. Lisa Murkowksi read. Debate is heating up ahead of a June 30 deadline...