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17.12.2015 16:40Turkish Stream to Go on Only with Guarantees from Brussels (Putin)
The Turkish Stream gas pipeline project will continue if Turkey manages to obtain guarantees from Brussels, said Russia’s President Vladimir Putin, speaking at his annual press conference on Dec. 17. “We need guarantees in writing from17.12.2015 11:46Cheniere Energy Confirms Intention to Use LNG Terminals in Greece
US firm Cheniere Energy is seeking to cooperate with Greece’s Public Gas Corporation (DEPA) and find a way into the Balkans through the country for American gas, with prospects including Ukraine too, Ekathimerini reported. The company’s16.12.2015 14:45Oil Prices Fall, Investors Await Fed Rate Decision
Wednesday oil prices fell as investors await the U.S. Federal Reserve interest rates decision. Meanwhile, data is expected to show a new increase in U.S. stockpiles, the Wall Street Journal reported. Oil reached a seven-year low earlier this week16.12.2015 11:00Dow, DuPont Merger to Create World's Biggest PV Equipment Producer
The Dow Chemical Company and DuPont have unveiled their USD 130 billion "merger of equals" plan. Combining their expertise, say the two, will create a "technology leader across four high growth segments," including solar PV materials. In14.12.2015 12:45Royal Dutch Shell Takover of BG Group Receives Green Light
Royal Dutch Shell cleared the final regulatory hurdle for its takeover of BG Group after receiving the green light from China on Monday, leaving the deal on track for completion by early 2016 following shareholder votes, Reuters reported. The combination08.12.2015 16:00PPC Power Price Discount or Businesses May Be Seen as State Subsidy
A Public Power Corporation (PPC) extraordinary general meeting on Monday approved discounts for companies of up to 15 percent based on total annual consumption, Ekathimerini wrote. The companies standing to benefit from the discount, however, have08.12.2015 14:02Beijing Issues 'Red Alert' Pollution Warning
The Chinese government on Tuesday ordered 30 percent of vehicles off the roads, banned heavy vehicles, told schools to cancel classes and urged companies to offer flexible working hours to employees, while canceling most outdoor events, DW reported. The08.12.2015 11:31Ukrenergo Works to Resume Power Supplies to Crimea
Ukraine is resuming electricity supplies to Russian-annexed Crimea, a state energy official of the Ukrenergo said on Monday. The news comes more than two weeks after unknown saboteurs blew up power lines to the peninsula causing widespread blackouts,04.12.2015 10:46Turkey Agrees with Azerbaijan to Accelerate TANAP
Turkey has agreed with Azerbaijan to accelerate the Trans-Anatolian Pipeline (TANAP), with an aim to have the gas project completed before the planned 2018, Prime Minister Ahmet Davutoğlu said on Dec. 3, as quoted by Reuters. In a joint news conference03.12.2015 15:22RWE Envisages Business Split
In January RWE ruled out an Eon-style split of upstream and supply-side business arms in the near-term, but the company then surprised the market on Tuesday by saying it will create a new “innovative decentralised energy group” within25.11.2015 14:56Russian PM Medvedev Said Important Projects with Turkey could Be Rejected
Russian Prime Minister Dmitry Medvedev warned Wednesday that Turkey’s “criminal” downing of a Russian jet fighter had caused a dangerous deterioration in ties between Russia and NATO and as a result said Moscow may reject planned25.11.2015 10:54Gazprom Says It Halts Gas Supplies to Ukraine
November 25 Russia's Gazprom said on Wednesday it was halting gas supplies to Ukraine until it makes an upfront payment, Reuters reported. Gazprom said that by 10.00 a.m. (07.00 GMT) on Wednesday Ukraine had received all gas it had paid for, adding
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