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30.01.2018 16:31EU Commission Warns Members It Will Get Tough on Pollution
The European Commission said it would get tough on air quality and penalize members that breached EU rules on pollutants such as nitrogen oxide and particulate matter. The Commission estimates that 400,000 people die every year as the result30.01.2018 14:54Over 50 Percent of Construction on First Turkish Stream Pipeline Completed
More than 50 percent of the construction pipeline that will supply Turkey with Russian natural gas under the Turkish Stream project has been completed, Hurryet Daily News reported. The Turkish Stream project envisages the construction30.01.2018 11:41Gazprom Neft Has Discovered a New Large Oil Field
Gazprom Neft-Khantos, a subsidiary of Gazprom Neft, has discovered a new oil field in the Kondinsky district of the Khanty-Mansiysk Autonomous Region. Its recoverable oil reserves are 25 million tons, the company said. According to the current25.01.2018 16:26EU Provides Record Funding for a France-Spain Power Link
The European Union is to provide 578 million euros to build a power link between Spain and France to carry excess Spanish renewable energy, Reuters reported. The grant will be the EU’s largest ever grant for energy infrastructure.25.01.2018 11:51Lukoil CEO Warns against Sharp Growth in Oil Prices up to $150 Per Barrel
Vagit Alekperov, CEO of Russian oil major Lukoil, believes the OPEC+ oil production cut agreement will contribute to stabilization of oil prices but it is important to prevent their "explosive" growth up to $150 per barrel, TASS reported. Speaking25.01.2018 09:56Trading Electricity at MEPEX by the End of This Year
Trading at the Electric Power Exchange of Montenegro (MEPEX) should begin by the end of this year when a strategic partner is found and an operational process is implemented, Balkan Green Energy News reported. The energy exchange was established24.01.2018 13:21Construction of New Units at Hungary’s Paks NPP to Begin as Scheduled
Despite Austria’s protests, the construction of two new units at Hungary’s Paks nuclear power plant will begin in February, as previously agreed, Hungarian Foreign Minister Peter Szijjarto said, cited by TASS. "Everything24.01.2018 10:19Big Oil Projects Start to Get Off the Ground as Prices Surge
The global oil industry’s backlog of big drilling projects is starting to shrink as prices improve, Bloomberg informed. From production vessels tapping Brazil’s deep-water reserves to pipes connecting rigs to underwater wells in China,23.01.2018 15:51Austria to Sue EC over Allowing State Aid for the Paks 2 Project
Austria said it planned to sue the European Commission for allowing Hungary to expand its Paks atomic plant, saying it did not view nuclear energy as the way to combat climate change or as being in the common European interest, Reuters reported. Austria,18.01.2018 12:58Norway Must Prepare for Arctic Oil Race with Russia
Norway must identify potential offshore oil and gas reserves near its northern maritime border with Russia to better protect its economic interest in the remote Arctic region, energy minister Terje Soeviknes said, cited by Reuters. The two17.01.2018 11:51Innogy in Talks with Potential Partners over 2 Billion Pound Wind Farm
German energy group Innogy is trying to win financing partners for its planned £2 billion British offshore wind farm Triton Knoll, a group executive said. With about 860 megawatts of generating capacity, Triton Knoll is due to go live17.01.2018 08:41Russia’s Rosatom Plans 10-Year Foreign Orders Portfolio above $130 Billion in 2018
Russia’s state-run nuclear corporation Rosatom expects its ten-year foreign orders portfolio to exceed $130 bln in 2018, Chief Executive Officer Alexei Likhachev said. In 2017, the company’s ten-year foreign orders portfolio also surpassed
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