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24.01.2017 12:18

French Government, EDF Agree on Fassenheim NPP Closure Terms

The French government has reached an agreement with state-controlled utility EDF on the conditions under which the company will shut down France's oldest nuclear plant, French business daily Les Echos said on Monday, as quoted by Reuters. EDF and
23.01.2017 14:55

Gazprom to invest around $703 million in Turkish Stream pipeline this year

Gazprom’s investments in gas midstream will grow by 6.8 percent year-on-year to 911.2 billion rubles (USD 15.3 billion), including the Turkish Stream project, the Russian gas holding said on Jan. 19, as reported by TASS and Hurriyet Daily.
23.01.2017 12:01

French Parliament to Discuss Fracking Ban

Just 100 days before the presidential election, the shale gas debate makes the headlines again in France, as parliament this week considers an amendment of the mining code to ban any development of non-conventional hydrocarbons by any technique,
16.01.2017 15:05

35% Higher Electricity Price for Companies in Albania

More than 6,000 businesses in Albania will pay energy prices increased by 15% up to 35% when fees for the distribution service come into effect. According to Albanian media, Energy Regulatory Entity (ERE) has approved new distribution network tariffs.
12.01.2017 15:52

Greece's Energean Sets 2020 Target for Gas Supplies to Israel

Greek-based Energean expects to begin production from the Karish and Tanin gas fields offshore Israel in 2020, according to executive chairman Mathios Rigas., as quoted by Platts Speaking at a press conference in Tel Aviv Wednesday, Rigas estimated
11.01.2017 16:42

Transition Period for Electricity Generation Facilities Extended in Turkey

Turkey’s Ministry of Energy and Natural Resources has extended the transition period for acceptance procedures applicable to electricity generation facilities, from 6 November 2016 to now be 31 March 2017. Acceptance procedures under the Acceptance
10.01.2017 10:27

Paks 3 Operating Licence Extended to 2036

The Hungarian National Atomic Energy Office (OAH) has extended the operating licence of block 3 of the Paks Nuclear Power Plant by another 20 years, state news agency MTI and World Nuclear News have reported. Meanwhile, the government plans to
09.01.2017 14:51

Oil Prices Go Down Due to A Spur in Iran's Exports

Oil prices fell on Monday as increased exports from Iran undermined efforts by other oil producers to curb a global fuel supply overhang and as U.S. drillers increased activity for a 10th straight week. Brent crude futures LCOc1 were trading at
09.01.2017 12:30

London Rush-Hour Travel Hit by Tube Strike

Rush-hour commuters have been facing severe disruption amid a 24-hour strike on the London Underground, BBC reported. Staff across the entire network walked out at 18:00 GMT on Sunday in a row over ticket office closures. Transport for London (TfL)
03.01.2017 11:06

Ministry Source Reported Major Cyber-Attack on Turkish Energy System

Sources from the Energy Ministry claim that a major cyber-attack is the source of the widespread electricity cuts across Istanbul in recent days, according to reports in the Turkish media. “The attacks are generally aiming to seize Internet
30.12.2016 10:34

Russian TSO Takes Control over Crimean Electricity System Operator

The Crimean electricity distribution system has passed under the control of the Russian electricity system operator. This was announced by Russia’s System Operator of the Unified Energy System, as reported by TASS. Until now dispatch functions
29.12.2016 17:26

Egypt Signs USD 220 M of Oil and Gas Deals

Egyptian Oil Minister Tarek El Molla has signed three offshore oil and gas exploration and production deals worth a total of at least USD 220 million with France's Total, Britain's BP, and Italian oil major ENI's Egyptian subsidiary IEOC, the ministry
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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