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11.04.2016 18:47

Turkish Companies Interested in Transporting Israeli Gas to Europe

At least 15 energy companies want to be part of a planned consortium which will carry Israeli gas to Europe via Turkey, according to Turcas CEO Batu Aksoy, who said the first Israeli gas may reach Turkey in the next five years. The holders of rights
11.04.2016 11:40

IAEA: Key Nuclear Security Agreement to Enter Into Force 8 May

A nuclear security agreement that will take effect on 8 May will reduce the risk of a terrorist attack on a nuclear power plant and make it harder to smuggle nuclear material, the IAEA announced. The entry into force of the Amendment to the Convention
08.04.2016 13:07

EPH Likely to Acquire Vattenfall's German Lignite Coal TPPs, Mines

Czech investor EPH is set to acquire Vattenfall's loss-making German lignite coal mines and associated power plants in Germany, three people familiar with the matter said on Friday, as reported by Reuters. Contender Czech Coal had dropped out of
05.04.2016 10:25

EU Nuclear Member States to Invest EUR 750 m in Security by 2050

EU member-states that use nuclear energy will spend between EUR 650 – 750 bn by 2050 on replacing old reactors and enhancing the security of their nuclear assets. According to a recent report by the European Commission (EC), out of the estimate
04.04.2016 15:32

First Unit Dukovany NNP Granted Operation Extension

Czech energy group CEZ announced that it has been granted a permit to extend indefinitely the operation period of Dukovany NPP, nuclear.ru reported. The permission came under the requirement that CEZ sends regular reports about the current state
04.04.2016 13:48

Fading Capping Hopes Bring Oil Prices Down

Oil prices fell on Monday as the chances of Middle East producers agreeing to curb overproduction appeared to fade, while stubbornly high U.S. output and worries about Asia's economic outlook also dragged on prices, Reuters reported. U.S. crude
04.04.2016 10:44

OMV, Gazprom Sign Additional Terms of Asset Swap

Russian giant Gazprom and Austria’s OMV signed key documents April 1 in St Petersburg to further develop their strategic cooperation sketched out six months ago. Among these, they signed a ‘Second Term Sheet’ regarding their planned
30.03.2016 10:58

Total Boosts Supercomputer Power to Achieve Cost Reduction

Total recently announced that its supercomputer Pangea has received a boost of its computing power from 2.3 to 6.7 petaflops, the equivalent of more than 80,000 laptops combined. Its storage capacity has also been increased, to 26 petabytes —
28.03.2016 14:26

Greek Cyprus Launches New Round of Gas Exploration

Greek Cyprus has launched a third licensing round for offshore oil and gas drilling off the Mediterranean island’s southern coast. “The decision to launch this licensing round was based on the huge interest by international companies
28.03.2016 11:55

German Gas Exports Topped 30bn cub m in 2015

Germany consumed 5% more gas and its imports were 13% higher than in 2014. But the surprising statistic is that its 2015 exports of gas grew by 35% year-on-year to top 30bn cub. m. Western Europe’s largest energy market thus also became a
25.03.2016 09:55

Ineos Brings First U.S. Shale Gas to Europe

The first ever delivery of US shale gas has reached Europe. The delivery, which arrived on March 23 at the Ineos petrochemical plant at Rafnes in Norway and was exported from the Marcellus shale play, was carried on the Ineos-owned gas carrier, Intrepid.
23.03.2016 11:08

Uniper Buys in Trading Management System

Germany's Uniper has signed a five-year strategic partnership agreement with trading and risk management software provider OpenLink, the two companies said March 22, without disclosing the commercial terms, Natural Gas Europe reported. OpenLink
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Interview

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