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25.07.2018 10:31

EDF finds more flaws in Flamanville and raises costs forecast

The French group EDF said that there would be new delays to its Flamanville nuclear reactor project, after new flaws were found. Additionally, this would raise the cost that was previously forecast, Reuters reports. In Apreil, the company warned
24.07.2018 16:40

Lukoil drilled the first production well in the Yury Korchagin field in the Caspian Sea

PJSC "LUKOIL" announced in a press release the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The well was drilled within the second field development stage
24.07.2018 10:55

Vattenfall installs its first turbine at the Horns Rev 3 offshore windfarm

The first of 49 turbines has been installed by Vattenfall for its offshore wind farm Horns Rev 3, which is located in Denmark’s North Sea west coast. Vattenfall expects that the windfarm will increase Danish annual electricity productions by
24.07.2018 10:34

Pipeline laying operations for the Turkish Stream project have begun

Pipeline laying operations began in the Turkish coastal zone for the Turkish stream project. The announcement was made by the company that is executing the project, BNR reports. The works are near the village Kayakov, located in the Turkish part
19.07.2018 12:24

Easyjet plans to sue after French strikes cost the airline €28 million

Easyjet is ready to launch a complain to the European Commission after strikes by French air traffic controllers cost the airline €28 million, Euronews reports. More than 2,600 flights were cancelled in April, May and June and Easyjet will
19.07.2018 11:40

The European Commission has launched a public consultation on a strategy for long-term EU greenhouse gas emissions reductions

In a press release, EC announced that it has launched a public consultation on a strategy for long-term EU greenhouse gas emissions reduction. All interested citizens and stakeholders can submit their contributions by 9 October 2018 using the Commission’s
19.07.2018 10:42

The EU is considering tariffs on coal, pharmaceuticals and chemicals if the US imposes tariffs on cars

The European Union will consider introducing tariffs on coal, pharmaceuticals and chemical products imported from the United States if President Donald Trump imposes restrictions on the European automobile industry, Germany’s Wirtschaftswoche
18.07.2018 13:15

Google to be fined €4.3 bn over the Android OS by the EU

Google will be fined for record 4.3 billion euros over its operating system – Android, the BBC reports.The fine is to be confirmed at a press conference in Brussels later today. So far it will be the largest fine imposed by the European regulator
18.07.2018 10:26

New car registrations in Bulgaria rise by 11.9% in comparison with the previous year

New car registrations in Bulgaria rose by 11.9% to 3586 this year, according toe data from the Association of European Automobile Manufacturers (ACEA), quoted by the Bulgarian National Radio. In May, growth was even higher - 34.6%.  In the
18.07.2018 10:17

The European Commission published a report on the commitments of VW regarding Dieselgate

The European Commission and national consumer protection authorities in the EU published today their conclusions on the withdrawal from the EU market of 8.5 million vehicles which was carried out by the Volkswagen Group as a result of the Dieselgate
17.07.2018 10:24

International Energy Agency warns over decreased global investment in renewables

The IEA has warned over a “worrying” pause in the transition to clean energy after global investment in renewables fell 7% to $318bn in the last year, The Guardian reports. The Agency stated that the decline is to continue in 2018,
12.07.2018 12:46

EU court upholds the approval of UK Hinkley NPP

EDF and China General Nuclear Power Corp are building the Hinkley Point C nuclear power station. The cost of the NPP is estimated at 19.6 billion pounds. It is expected to become operational in 2025, Reuters reports. The European Commission gave
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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