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15.02.2016 10:24

Turkey Hits All-Time Natural Gas Consuming Record

Turkey broke its all-time natural gas usage record on Jan. 25-26, as 235 million cubic metres were used across the country due to cold weather. More than 1.1 billion cubic metres (bcm) of gas was consumed during the period of Jan. 25-29, hitting
12.02.2016 11:20

British Gas, EDF Energy Cut Natural Gas Prices by 5 Percent

Following E.ON which took to price reduction in January, 2016, two more commercial and domestic electricity retailers in the UK have announced that they are dropping gas prices to their customers. In separate statements issued on February 11, British
11.02.2016 14:35

Public Enquiry into Cuadrilla's UK Fracking Licences Begins

A public hearing into Cuadrilla Resource's fracking licences in the UK has begun in a legal action that may decide the future of fracking in the country, Natural Gas Europe reported. The hearing, which began on February 9, is expected to take five
09.02.2016 12:57

Anadolu: EIB to Lend TANAP EUR 1 Bn for Construction

The European Investment Bank (EIB) is planning to lend EUR 1 bn for the construction of the Trans Anatolian Pipeline (TANAP), Turkish state-run news agency Anadolu Agency reported on February 5, as quoted by Natural Gas Europe. According to Anadolu
09.02.2016 12:13

Croatia Could Cancel Strategic Status of Planned LNG Terminal

The Croatian economy ministry is thinking about removing the planned liquefied natural gas, LNG, terminal on the northern island of Krk from its list of strategic investment projects, media in the country have reported, as cited by Balkan Insight. According
08.02.2016 16:22

Oil Slides As Oversupply Persists

Crude oil prices fell on Monday because of lingering concerns over a supply overhang and after a Saudi-Venezuela meeting showed few signs that steps would be taken to boost prices. Global benchmark Brent futures LCOc1 were down 68 cents at USD 33.38
08.02.2016 12:58

Israel Says Gas Pipelines to Turkey, Greece Possible

Israel is looking to exploit its substantial natural gas reserves with two potential pipeline projects to Turkey and Greece, its Energy Minister Yuval Steinitz announced Sunday. Israel has been trying to extract offshore gas since the discovery of
03.02.2016 16:31

Oil Rose After Russia Stated Readiness for Talks with OPEC

Oil rose on Wednesday, paring earlier losses after Russia reiterated its openness to talking with OPEC about output cuts, which helped revive hope among investors that the world's largest producers could act to boost prices. Russian Foreign Minister
03.02.2016 15:46

Romania’s OPCOM Reports Participation Record on the Day-Ahead Market

For the delivery day 31st of January 2016, the interest of the participants to trade on Day-Ahead Market marked a new monthly absolute maximum. 241 companies that submitted at least one offer and settled transactions, OPCOM said in a statement published
02.02.2016 14:43

Oil Hits USD 33 Over Insecurity of Production Curb Plans

Tuesday oil prices fell to USD 33 per barrel, as hopes for a deal between OPEC and Russia on output cuts declined, while the demand outlook remained negative, reuters reported. Brent for April delivery LCOc1 had dropped 53 cents to USD 33.71 a barrel
01.02.2016 12:40

Saipem to Take Gazprom to Court over South Stream Cancellation

Italian company Saipem, part of the state-owned ENI, which was contracted to lay the offshore stretch of the South Stream gas pipeline across the Black Sea has filed an arbitration against Russia’s Gazprom for EUR 759 million. The claim against
26.01.2016 10:09

Croatian Day-Ahead Power Market to Be Launched On February 10

Croatian Power Exchange Ltd. (CROPEX) and Nord Pool, Europe’s leading power market, have announced 10th February 2016 as the go-live date for the CROPEX day-ahead market. Cooperation and implementation agreements to implement and test systems
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Interview

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