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20.09.2016 10:56

Upcoming Audit Report on EU Support for Nuclear Decommissioning

The European Court of Auditors (ECA) said on Tuesday it will publish its special report "EU nuclear decommissioning assistance programmes in Lithuania, Bulgaria and Slovakia: some progress made since 2011, but critical challenges ahead ". The
16.09.2016 11:40

ICGB Will Be Part of the Vertical Gas Corridor

The project company developing the Gas Interconnector Greece-Bulgaria (IGB), equally controlled by IGI Poseidon SA of Greece and Bulgarian Energy Holding EAD of Bulgaria, announced on Friday that it will be part and an operator of the Vertical Gas
15.09.2016 15:43

British PM Theresa May Approves Hinkley Point C NPP

French energy giant EDF and its Chinese partner – state owned CGN, have said they were “delighted”, as British PM Theresa May has approved the planned 3.2-megawatt Hinkley Point C nuclear power plant. Its estimated cost is GBP 18
15.09.2016 13:58

IEA: Global Energy Investment Decreased by 8% Y/Y in 2015

Global energy investment in 2015 amounted to United States dollar (USD) 1.8 trillion, down 8% (in real terms) from 2014 mainly due to a sharp fall in upstream oil and gas investment, a new report by the IEA suggests. After three years during which
14.09.2016 11:31

LOTOS, PGNiG Accomplish First LNG Delivery as Bunker Fuel in Poland

LOTOS and PGNiG delivered 120 m³ (120 thousand litres) of liquefied natural gas (LNG) as bunker fuel for SIEM HARMONY, a modern Platform Supply Vessel currently under construction in the Remontowa Shipbuilding shipyard, to enable its sea trials
09.09.2016 14:46

Britain to Miss 2020 Renewable Energy Targets – MPs

Britain is set to miss its 2020 European renewable energy targets, a parliamentary committee report said on Friday, setting a poor example for less wealthy countries as the world tries to rein in global warming, as reported by Reuters. Britain has
02.09.2016 13:04

Russia Ready to Discuss Turkish Stream, Nord Stream 2 with the EU

Russia’s energy ministry is planning to launch talks with the European Commission on two major gas pipeline projects – Turkish Stream and Nord Stream 2. Talks will be held with the VP of the European Commission Maros Sefcovic, Russian
26.08.2016 12:34

'The Big Six' Are Gaining Back Customers from Smaller British Suppliers

Britain's Big Six energy suppliers are starting to claw back customers from their smaller, independent rivals which are struggling to cope with more than 20 per cent recovery in prices for winter since April, Reuters reported. The percentage of
24.08.2016 14:36

Shah Deniz Stage 2 is now over 77% complete – BP-Azerbaijan

In the first half of 2016, implementation of the Shah Deniz Stage 2 project continued successfully, APA-Economics reports citing to BP-Azerbaijan. According to BP-Azerbaijan, the project is now over 77% complete in terms of engineering, procurement
23.08.2016 13:36

Volkswagen Reached Agreement with Parts Suppliers

Volkswagen and two auto parts suppliers have reportedly reached an agreement in a contract dispute that has forced the carmaker to halt some production. It said the parties had struck a long-term partnership deal, adding that some deliveries of
23.08.2016 13:18

The Netherlands Sees CO2 Emissions Drop in Q2 of 2016

Emissions of carbon dioxide (CO2) in The Netherlands fell 0.3% in the second quarter of the year, compared with 2Q 2015, mostly owing to the greater use of gas in the power mix, according to the conclusion of the Dutch national statistics institute
22.08.2016 16:47

Uniper Reported EUR 3.9bn in H1 of 2016

Writedowns of power generation and gas storage assets have led to Uniper, the newly-created power company spun out of German utility E.ON, posting a net loss of EUR 3.9bn for the first half of 2016, FT reported. The creation of Uniper is part of
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Interview

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