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15.10.2015 14:05

EURACOAL Unveils Report on Anti-Coal NGOs Funding

The European Association for Coal and Lignite (EURACOAL) released October 9 a report on the funding of anti-coal campaigns by NGOs. It finds that a wave of money is flooding into the EU policy space from a small number of super-rich donors, many
09.10.2015 14:57

REMIT Reporting Started October 7

The requirement to report records of wholesale energy market transactions, including orders to trade, is part of the new monitoring framework established by REMIT to detect and deter market abuse in wholesale energy markets. This framework anticipates
09.10.2015 11:44

Toshiba Declares Readiness for a Nuclear Plant Project in Turkey

Toyoaki Fujita, business development executive of Japanese electronics giant Toshiba, stated Thursday that they are willing to take part in a nuclear plant project in Turkey in case of a demand from the country, Daily Sabah reported. Speaking to
06.10.2015 13:42

BP to Pay USD 20 Bn. in Fines for 2010 Deepwater Horizon Oil Spill

The United States on Monday announced a more than USD 20 billion settlement of federal and state claims against BP PLC over its deadly Gulf of Mexico oil spill five years ago, Reuters reported. The agreement is "the largest settlement with
06.10.2015 13:29

Siemens Will Aim to Be Climate Neutral by 2030

Siemens aims to be the world's first major industrial company to achieve a net-zero carbon footprint by 2030. The company plans to cut its carbon dioxide (CO2) emissions – which currently total about 2.2 million metric tons a year – in
05.10.2015 14:04

Romania's National Bank Seeks Electricity Supplier for the Next Three Years

Romania’s National Bank (BNR) wants to buy electricity to power its central headquarters in Bucharest, as well as its other agencies in the country, for three years. The contract is estimated at EUR 2.6 million (VAT included), reports local
01.10.2015 16:28

Shell and UK's First Utility Target German Retail Power Market

Shell, a brand well known to car owners throughout Germany, has expanded a partnership to provide households with gas and electricity in Europe's biggest retail market. The oil major's supply and trading arm Shell Energy Europe and First Utility,
28.09.2015 10:56

Shell to Cease Further Exploration in Alaska

Royal Dutch Shell Plc said it would cease exploration activity in offshore Alaska for the "foreseeable future" and take a writedown of about USD 4.1 billion after failing to find enough oil in the region, Reuters reported. The company
24.09.2015 11:06

Croatia To Award Oil, Gas Exploration Licenses to Five Companies

Croatia's government on Thursday agreed to sign contracts for oil and gas exploitation and exploitation with five companies. They are the Croatian-Hungarian energy company INA, the Italian consortium of companies ENI and Medoilgas, Nigeria’s
18.09.2015 15:37

Record-High Global Natural Gas Production in 2014 (IEA Report)

In 2014 global production of natural gas hit a record high of 3524 Billion cubic metres (Bcm), but was only 0.3% higher than the figure registered in 2013, a recent report by the International Energy Agency reveals. In the OECD, 2014 production
09.09.2015 14:57

EC Gives Conditional Approval of GE's Acquisition of Alstom's Power Assets

Following an in-depth review, the Commission has approved the acquisition of Alstom's energy businesses by General Electric subject to divestment of central parts of Alstom's heavy duty gas turbines business to Ansaldo. Following an in-depth review,
08.09.2015 12:25

Iran Hopes to Bring LNG to the EU via Spain

Iran hopes to bring its gas to the European Union by shipping liquefied natural gas (LNG) to Spain, its oil minister was quoted as saying on Monday at a news conference with his Spanish counterpart in Tehran, Reuters reported. Iran has no ability
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Interview

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