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23.05.2014 11:11Biden: Cyprus Is Poised to Become Key Gas Player in the Mediterranean
The rising importance of the energy potential of Cyprus, as well as the possible solution of the longstanding political division of the island were among the key topics tackled by US vice-president Joe Biden during his Wednesday in Cyprus. Biden22.05.2014 15:56IAEA Says Impossible for Ukraine to Switch to US Nuclear Fuel
It is impossible for Ukraine to swap Russian-made fuel in its nuclear reactors for US fuel rods, the head of the Operational Safety Section at the International Atomic Energy Agency (IAEA) said Wednesday, as reported by RIA Novosti. "If Ukraine21.05.2014 15:27Russia and China Sign USD 400 Bn Gas Deal
Russia and China agreed on a long-term gas supply contract in Shanghai on Wednesday, after years of talks on the deal, worth billions of dollars, RIA Novosti reported. Russian Energy Minister Alexander Novak and Director of the Chinese National21.05.2014 12:21Flood-Struck Serbia to Import Electricity from Bulgaria
The EU is ready to mobilize the Solidarity Fund in order to help Serbia and Bosnia and Herzegovina to deal with the massive devastation caused by what is said to be the worst floods in over a century in the region, EU commissioner for international20.05.2014 11:01Areva to Study Possible Alstom Wind Turbine Unit Acquisition
French state-controlled nuclear group Areva is not directly involved in negotiations about the possible sale of the energy unit of Alstom but would be ready to study any possibilities involving Alstom's wind turbines unit, Areva CEO Luc Oursel told08.05.2014 12:13Telekom Austria Group Appoints Siegfried Mayrhofer as New CFO
The Telekom Austria Group (VSE: TKA, OTC US: TKAGY) announces, that at today's Supervisory Board's meeting Siegfried Mayrhofer was appointed new Chief Financial Officer (CFO) of the Telekom Austria Group as of 1 June 2014 for a one-year term. Siegfried08.05.2014 11:51Pennsylvania Mulls Raising Taxes on Its Booming Shale Industry
The local government of Pennsylvania is envisaging the possibility of additional taxes for its booming shale industry, the proceedings of which would fund various projects in areas such as education. Some lawmakers and the Democratic candidates in30.04.2014 15:13Enel to Search for Oil and Gas in Western Greece
Enel has expressed interest in three onshore areas in the western part of the country, Greece's energy ministry said, adding it would duly decide on the Italian company's application. If permission is granted, Athens will give other oil firms at30.04.2014 11:26Allseas to Lay Second Line of the South Stream Offshore Pipeline
South Stream Transport announced it has signed a contract with the Allseas Group to lay the second line of the South Stream Offshore Pipeline. In addition, the Company has signed a contract with Saipem for the provision of complementary works for23.04.2014 12:22Austrian Airlines Allow Use of Electronic Devices during the Entire Flight
Starting on May 1, 2014, Austrian Airlines passengers will be permitted to use their light electronic devices on board, also during takeoff and landing. The rule applies to all Austrian Airlines routes and is valid for smart phones, tablets, notebooks22.04.2014 14:47China Mulls Harsher Environmental Sanctions for Polluting Industries
Amendments to China's 1989 environmental protection law that will mean stiffer punishments for polluters have been submitted to the country's parliament for deliberation, official news agency Xinhua reported late on Tuesday. “The new measures,22.04.2014 12:17Gazprom Acquires 50% Stake in South Stream Transport from German Subsidiary
Russian gas giant Gazprom approved Tuesday the purchase from its Berlin-based subsidiary of 50 percent of the shares of South Stream Transport, the gas company said in a statement, as reported by RIA Novosti. Gazprom Germania will sell 205,990 shares
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