Energy Headlines

Greek Energy Minister: A Deadlock in Negotiations Will Cause More Problems to Europe His belief that if the negotiations between Greece and its European partners do not conclude to a positive result, Europe will face more problems than Greece expressed Productive Reconstruction, Environment...

Africa likely to trump US as supplier to Europe – IEA Speakers at this year’s Flame conference in Amsterdam were cautiously optimistic about the role of gas in Europe’s future energy mix, but expected any imports to be shipped from Africa rather than the...

OPEC should consider return to oil quotas: delegate OPEC should consider re-introducing individual output quotas, shuffled quietly to one side in 2008, to prevent oversupply hitting prices should Iran increase its oil exports following a deal over its nuclear...

Iran says it's ready to send gas to Europe Iran can serve as a reliable and steady partner for the European community in terms of natural gas needs, Iran's foreign minister said Monday.Iranian Foreign Minister Javad Zarif said during a visit to...

Statement of Director Kopač on adoption of Third Package compliant gas law in Ukraine Statement of Director Kopač on adoption of Third Package compliant gas law in Ukraine “I sincerely welcome today’s adoption of the new gas market law which is in compliance with the Third Energy Package...

IEA: Central Asia, Eastern Europe need to open energy doors A more liberalized energy sector in Eastern Europe and Central Asia is necessary for regional energy security, a report Monday from the IEA said. The IEA published a 476-page report on the region's energy...

Toyota to invest $1.5B in Egypt gas exploration, renewable energy Toyota will invest over $1.5 billion in gas exploration in Egypt’s Mediterranean and renewable energy, according to a Tuesday statement by the Egyptian Foreign Ministry. Cairo’s ambassador to Tokyo Ismail...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...