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11.01.2016 15:57

TASS: South Stream Gas Pipeline Project Remains Halted

The status of the natural gas pipeline project South Stream remains unchanged, with work still being indefinitely halted, Russian news agency TASS reported, citing a representative of the Energy Ministry of the Russian Federation. “The status
11.01.2016 15:05

Volswagen New CEO Apologised over Emissions Scandal

The chief executive of Volkswagen has apologised over last year's emissions scandal during his first US trip as the company’s head, Sky News reported. The scandal saw the resignation of chief executive Martin Winterkorn, who had been head of
08.01.2016 16:10

REMIT Implementation Enters Final Stage

More than 1 million data records per day have been submitted to the Agency under REMIT since 7 October 2015. The total number of records of transactions received by the Agency, including orders to trade, exceeds currently 60 million. The Agency’s
08.01.2016 10:49

Oil Price Rises Following a 12-Year Record Low

Oil prices rose more than 2 percent on Friday, following China shares higher after Beijing deactivated a circuit breaker mechanism that was blamed for aggravating equity market crashes, although a persistent global crude surplus kept a lid on gains,
07.01.2016 16:24

Oil Price Slides Below USD 33 on Weak Yuan, Growing Stockpiles

Oil price fell below USD 33 a barrel on Thursday for the first time since April 2004 as Chinese shares slid against a backdrop of near-record production and massive stockpiles of unwanted crude and refined products. China let its yuan currency slip
07.01.2016 12:43

Greece Energy Consumption in Decline, Market Operator Reports

Electricity consumption in Greece declined 7.22 percent in November compared with the same month in 2014, according to official data released on Tuesday by the Hellenic Electricity Market Operator (LAGIE), Ekathimerini reported. In the first 11
06.01.2016 17:05

Licence Granted for Lithuanian Ignalina Nuclear Waste Facility

A licence for the construction and operation of a very low-level radioactive waste disposal facility near the Ignalina nuclear power plant has been issued by the Lithuanian nuclear regulator, world-nuclear-news.org reported. Lithuanian state enterprise
06.01.2016 14:48

German Utility E.ON Splits into Two

Germany’s largest utility E.ON broke into two companies as planned on January 1st, retaining under its own name the renewables, energy networks and customer solutions businesses. It has demerged all its fossil fuel and hydro plant and global
05.01.2016 16:51

Chinese Insurers to Invest in Yamal LNG Project

More than 40 Chinese insurance companies and asset managers have jointly started an investment firm, raising 40 billion yuan (USD 6 billion) for a first fund to finance energy and infrastructure projects overseas, Reuters reported, citing China's
05.01.2016 11:03

First Tanker Carrying U.S. Crude Exports Set Off from Texas

The first oil tanker of freely traded U.S. crude launched Thursday afternoon from the Port of Corpus Christi, about 160 miles north of the Texas border with Mexico, Market Watch reported, citing WSJ. ConocoPhillips Co. and NuStar Energy loaded the
21.12.2015 17:55

NRC Preparing Guidance For Extending Plant Licenses To 80 Years

The U.S. Nuclear Regulatory Commission has granted license extensions for 81 nuclear reactors that allow them to operate for up to 60 years – 20 years past their original expiration dates, nuclearstreet.com. This week, the NRC said it was
18.12.2015 15:28

Britain Closes Last Deep-Cast Coal Mine

December 18 UK Coal closed Britain's last deep-cast coal mine Kellingley Colliery on Friday, 50 years after it opened, Reuters reported. The closure of the North Yorkshire mine marks the end of an era, given Britain's coal industry was at the heart
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Interview

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