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24.02.2016 15:37

Oil Slid as OPEC Dismissed Production Cap Possibility

Oil prices slid on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data showed a further build in U.S. crude stockpiles. Meanwhile, Iran made clear it has no interest
23.02.2016 16:16

EBRD Grants USD 13.2 M to Albania, Macedonia to Build Electricity Interconnector

The European Bank for Reconstruction and Development (EBRD) on Monday confirmed to provide a 13.2-million-U.S.-dollar grant to support construction of the first electricity interconnector between Albania and Macedonia, Xinhua reported. The project
23.02.2016 15:59

EU Short of More than EUR 118 M for Nuclear Decommissioning

Europe is short of more than EUR 118 billion to dismantle its nuclear plants and manage nuclear waste storage, Reuters reported, citing a European Commission working paper. The data is part of a periodic analysis of Europe's nuclear capacity designed
22.02.2016 12:05

Azerbaijan Drops Disputed Araz-Alov-Sharg Caspian Project

Almost 20 years after signing a production-sharing agreement for deep-water prospect offshore Azerbaijan, state-owned Socar and its partners terminated it for political reasons. Socar and its partners BP, Statoil, ExxonMobil, Canada’s Encana
19.02.2016 11:42

EDF Energy Extends Life of Four UK Nuclear Power Plants

EDF Energy announced on February 16 that it is extending the closure dates for four of its nuclear plants in the UK, Energy Magazine wrote. Heysham 1 and Hartlepool will be extended by five years to 2024, while Heysham 2 and Torness will be extended
18.02.2016 13:37

Gazprom Delivered 16.22% less Gas to Ex-USSR Countries in 2015

Russian state-owned Gazprom has delivered 16.22 percent less natural gas to ex-soviet countries in 2015, compared to the previous year, when the gas giant delivered a total of 44.857 bn cub. m, RIA Novosti reported, citing data from the quarterly
18.02.2016 10:54

Oil Prices Go Up as Iran Voices Support for Output Restrictions

Crude futures rose in Asian trade on Thursday after Iran welcomed plans by Russia and Saudi Arabia to cap production. Nevertheless analysts said the move would not lead to any output cuts and Tehran offered no action of its own, Reuters reported. After
17.02.2016 15:37

The Great Energy Summit in Warsaw, Poland Started Today

The Great Energy Summit, organized by the UK Trade & Investment (UKTI), takes place on February 17-18 in Warsaw, Poland. UKTI is the British Government Department that helps UK–based companies succeed in the global economy and helps overseas
17.02.2016 12:10

European Commission Presented Energy Security Package

The European Commission presented on Tuesday its energy security package with necessary proposals to equip the EU for global energy transition as well as to be prepared for possible energy supply interruptions. The package sets out a wide range
17.02.2016 10:50

Alexey Miller Re-Elected as Gazprom Management Committee Chairman

The Board of Directors of Russia’s Gazprom announced it has re-elected unanimously on Tuesday Alexey Miller as Management Committee Chairman for a 5-year term, starting from May 31, 2016. This will be Miller’s fourth term at the helm
15.02.2016 16:42

Orban and Putin to Discuss Energy Projects on Wednesday

Prime Minister Viktor Orbán is scheduled to visit Russian President Vladimir Putin in Moscow on February 17 to discuss the Paks nuclear plant upgrade and other shared concerns, according to a report published yesterday in mno.hu. The meeting
15.02.2016 11:37

Latvian Parliament Approves Latvijas Gaze Split to Open Up Competition

In a momentous and market-changing decision, Saeima, Latvia's parliament, has voted to approve the splitting of utility company Latvijas Gaze into two companies and to open up the natural gas market to competition. At present, Latvijas Gaze holds
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Interview

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