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24.11.2015 15:07

U.S. Increased Crude Oil and Natural Gas Proved Reserves for 2014

In 2014, U.S. crude oil and lease condensate proved reserves increased to 39.9 billion barrels—an increase of 3.4 billion barrels (9.3%) from 2013, the EIA said in a recent report. U.S. proved reserves of crude oil and lease condensate have
23.11.2015 12:35

Turkish Gas Distributors Obliged to Buy from BOTAŞ to Guarantee Cheaper Gas

Turkey’s energy watchdog (EPDK) has paved the way for the distribution of cheaper gas to consumers through a new decision, according to officials. “A decision has been taken by our board to enable our consumers to get cheaper gas. Upon
10.11.2015 15:57

ICGB Stakeholders Agreed on Clauses in the Project Development Plan

The stakeholders in the ICGB joint venture for a natural gas interconnector between Greece and Bulgaria have reached an agreement on the clauses in the agreement for the project development, Bulgarian energy minister Temenuzhka Petkova said during
10.11.2015 14:55

TransCanada Corp to Keep Pressing to Build Keystone X

TransCanada Corp said on Friday it will keep pressing to build the Keystone XL oil pipeline from Canada to the United States despite the Obama administration's rejection due to economic and environmental reasons. Skeptical investors suggested it
06.11.2015 10:06

Iron Ore Dam Breaks and Floods Brazilian Village

A dam holding waste water from a Vale and BHP Billiton iron ore mine in Brazil burst on Thursday, devastating a nearby town with mudslides, Reuters reported. Local authorities are yet to confirm the number of casualties. The mining company Samarco,
05.11.2015 13:59

Hungary Mulls Paks NPP Decommissioning Fund Pause to Cut Power Prices

Nov 5 Hungary may suspend payments into a fund for the future decommissioning of reactors at the Paks nuclear plant to finance more electricity price cuts, a senior government official said on Thursday, as reported by Reuters. Zsuzsanna Nemeth,
02.11.2015 15:44

Yamal LNG Project Has Chance to Get Financing, Alexander Novak Says

The Yamal Liquefied Natural Gas project in Russia's far north has a high chance of attracting financing by the end of this year, Russian Energy Minister Alexander Novak said on Saturday, RIA agency reported, as quoted by worldenergynews.com. Novak
02.11.2015 15:41

Electrabel Reported Transformer Explosion at Doel 1 NPP

An explosion at a nuclear power plant in Beveren, Belgium posed no threat for the surrounding area, a spokesman said, as reported by NLTimes. A transformer blew up, causing a small fire at the site of Doel 1, a nuclear reactor that was closed down
19.10.2015 16:17

Latvia and Lithuania to Work on Developing a Gas Market

Latvia and Lithuania have agreed to work on developing a gas market, committing to provide participants with access to infrastructure, a memorandum signed on Friday showed. Lithuania opened a liquefied natural gas (LNG) import terminal in 2014 and
19.10.2015 12:03

U.S. Cancels Arctic offshore Lease Sale after Shell Drops Interest

Oct 16 The U.S. Interior Department on Friday said it would cancel two potential Arctic offshore lease sales after Royal Dutch Shell PLC said that it was not interested in those leases. "In light of Shell's announcement, the amount of acreage
16.10.2015 14:19

Turkey Plans for a Third NPP Near the Border with Bulgaria

Turkish Energy Minister Ali Riza Alaboyun said plans have been made for Turkey’s third nuclear plant and Chinese, Japanese firms and U.S. companies have shown interest in an exclusive interview with the Anadolu Agency Editors’ Desk on
16.10.2015 11:29

OMV Petrom Said to Be Seeking Buyer for Wind Park in Romania

OMV Petrom SA is preparing plans to sell its sole wind park in Romania as the country’s largest oil company sheds businesses not related to its core activities and crude prices fell, said two people familiar with the plan, as quoted by Bloomberg. The
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Interview

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