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17.03.2014 16:51

Crimea to Nationalize Two Gas Companies

In the aftermath of the referendum in Crimea which showed overwhelming support for joining the Russian Federation, the parliament of the autonomous peninsular state voted on Monday to nationalise energy companies Chornomornaftohaz and Ukrtransgaz,
17.03.2014 11:49

Japanese and Russian Companies to Supply Pipes for the Second Line of South Stream Offshore Pipeline

South Stream Transport announced it has ordered over 75,000 pipes for second line of the South Stream Offshore Pipeline, with a total order value of about 800 million euros. Marubeni-Itochu and Sumitomo Consortium from Japan will supply 40% of the
13.03.2014 15:33

The Russian government approved a loan of up to 10 billion EUR for Paks NPP

The Russian information agency Interfax announced that the government of the Russian Federation has approved a loan of up to 10 billion EUR to Hungary for the construction of new units in Paks NPP. The Russian Prime Minister Dmitry Medvedev has signed
13.03.2014 11:41

Merkel: Germany is Not Dependent on Russian Gas Imports

Germany is not dependent on Russian gas imports and does not expect supply disruptions, German chancellor Angela Merkel told Passauer Neue Presse in an interview. “35 percent of Germany’s gas comes from Russia and that does not make
07.03.2014 16:41

The EC Fined EPEX Spot, Nord Pool Spot and Opcom

The European Commission has imposed fines totalling EUR 5 979 000 on the two leading European spot power exchanges, EPEX Spot ("EPEX") and Nord Pool Spot (NPS) for having agreed not to compete with one another for their spot electricity
24.02.2014 17:30

U.K. Wooes Scotland with Promises for Boosting North Sea Oil and Gas Production

The British government said on Monday it would enact sweeping measures to make it easier to unlock hard-to-extract North Sea gas and billions of barrels of oil as it tries to persuade Scotland to remain part of the United Kingdom, Reuters reportes. The
24.02.2014 16:33

Sofia and Skopje Request European Support for a High-Speed Rail within Transport Corridor 8

Bulgarian foreign affairs minister Kristian Vigenin and his Macedonian counterpart Nikola Popski have sent a joint letter to EU enlargement commissionaire Stefan Fule and regional policy commissionaire Johannes Hahn requesting their support for the
18.02.2014 15:47

Vienna Hosts Talks for Lasting Nuclear Settlement on Iran Nuclear Programme

Six world powers and Iran began talks in Vienna on Tuesday in pursuit of a final settlement on Tehran's disputed nuclear programme in the coming months despite warnings from both sides that a deal may prove impossible, Reuters reported. Expected
18.02.2014 13:50

ACER Seeks to Update Its Gas Target Model

In the context of the Gas Target Model update process, the Agency for the Cooperation of Energy Regulators (ACER) is trying to find out how European traded forward gas markets are functioning. For that purpose the Agency is preparing a quantitative
17.02.2014 15:47

Bulgaria Was Turkey’s Top Electricity Provider in 2013

Bulgaria is Turkey’s top electricity provider, as recent trade data released by the state-run Turkish Statistical Institute (TÜİK) revealed that more than half of the Turkey’s electricity imports were accounted for by its neighboring
14.02.2014 15:44

Electricity System Operators of Serbia and Kosovo Work Towards Normalising Bilateral Relations

A Framework Agreement governing the operational and commercial relations between EMS of Serbia and KOSTT of Kosovo has been signed by both companies’ general managers. The legally-binding Agreement constitutes a milestone in normalising the
14.02.2014 12:52

World's Largest Solar Thermal Station Starts Operation in California

Mojave Desert in the U.S., with its tireless sun and windswept planes, seems to provide a rather fertile soil not just for beat-generation-infused art and prolific rock bands, but also for the solar power industry. As of yesterday it is officially
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Interview

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