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28.11.2011 18:29

EU Insists on Roadmap for Next Kyoto Protocol Stage

The European Union’s demand for a road map leading to the next legally-binding global warming treaty raises a hurdle that may snarl negotiations at the United Nations climate conference this week.   The 27-nation bloc said it accounts
28.11.2011 14:30

EPR Nuclear Reactor in Flamanville Halfway to Completion

EDF announced that its EPR nuclear reactor under construction in Flamanville (Manche) is halfway to completion. Its opening date remains 2016, four years later than planned. Some EUR 3bn (USD 4.14bn) have so far been spent on the project, out of
28.11.2011 13:32

German Power Grid at ‘Edge of Capacity’?

Germany’s power grid is nearing the “edge of its capacity” as the nation switches to renewable power because of the decision to exit nuclear generation, and after slow modernization of the network, the regulator said.   Seventy-three
25.11.2011 12:20

France to Meet EU Renewable Energy Rules by End-Year

French ministers Eric Besson and Nathalie Kosciusko-Morizet said that France will conform with European laws on renewable energy by the end of this year. The emailed statement came after France received a statement of objections from the European
25.11.2011 11:51

China Tripples Its Natural Gas Output by 2030

China, the world's second-largest oil user, will be able to sustain its current domestic crude oil production of around 4 million barrels per day (bpd) beyond 2030 thanks to new hydrocarbon resource findings, the Ministry of Land and Resources said,
24.11.2011 17:02

EU Nuclear Safety: Stress Tests Well on Track

The European stress tests of nuclear power plants are well on track and will further enhance nuclear safety and security in the EU, the Commission says in its very first Communication on the stress tests. Following the nuclear accident in Fukushima,
24.11.2011 13:41

China displaces Russia in a number of oil&gas equipment markets

The president of Turkmenistan Gurbanguli Berdimuhamedov meets China’s president Hu Jintao. The two countries have already signed more than 10 contracts for natural gas delivery and the related loans for buying of new Chinese oil and gas equipment,
23.11.2011 16:46

Turkey Signs Deal with Shell for Oil, Gas Search in Mediterranean

After Turkey’s energy minister’s criticism for the start of Greek and Israeli oil drills in the Mediterranean, Royal Dutch Shell signed today a deal with Turkish state-run petroleum company, TPAO, to search for oil and gas offshore in
23.11.2011 15:38

Albania Signed Started Negociations with Trans Adriatic Pipeline AG

The Ministry of Economy, Trade and Energy of Albania and the Trans Adriatic Pipeline AG (TAP) announced today that they have commenced the negotiation of a Host Government (Permit) Agreement (HGA), setting out the specific requirements to be followed
23.11.2011 12:34

Turkey Says Israeli, Cypriot Mediterranean Exploration Illegal

Turkish Energy Minister Taner Yildiz said on Wednesday Israeli and Cypriot energy exploration in the Mediterranean was illegal. He added that an agreement should first be reached with all relevant parties, and resources should be equally shared,
23.11.2011 11:42

EU to Pay More For Nuclear Dismantling in Slovakia, Lithuania, Bulgaria

The European Commission plans to pay an additional 550 million euros ($742 million) from 2013 to help Bulgaria, Lithuania and Slovakia dismantle old nuclear power plants, German newspaper Handelsblatt reported, citing a regulation draft it obtained.   The
22.11.2011 12:19

Czech Consumer Power Prices Seen up 3.4% 2012

Czech power prices will rise by estimated 3.4 percent for consumers and 4.3 percent for small businesses in 2012, the central European country's energy regulator said on Tuesday, as quoted by Reuters.   The non-regulated part of power prices
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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