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31.05.2013 14:26

Turkmenistan Might Join TANAP

Turkey is ready to deliver Turkmenistan's natural gas to consumers in Europe, Turkish President Abdullah Gul said on Thursday, supporting the Central Asian nation's plans to build alternative pipelines and ease dependence on exports to Russia.   Turkmenistan
29.05.2013 16:38

GDF Suez Became Stakeholder in Nabucco

On May 28, 2013, NABUCCO Gas Pipeline International GmbH welcomed the announcement that the French energy group GDF Suez has today concluded a Share Purchase Agreement with OMV in Vienna. GDF Suez will join OMV (Austria), FGSZ (Hungary), Transgaz
22.05.2013 11:32

Gazprom Closing In on DEPA Deal

Gazprom is getting closer to acquiring the Greek state-owned gas company DEPA. The Russian side however wants guarantees that the deal would not be blocked by the European Commission and that Gazprom would receive penalty fees, in case Greece leaves
17.05.2013 12:02

Bilfinger Signed EUR 60 Million Maintenance Contract with Chevron

Bilfinger, the engineering and services group, said it has received a major order from its long-standing client Chevron Upstream Europe for maintenance services at several offshore oil platforms in the North Sea. The contract, with a potential value
16.05.2013 18:06

OMV to Announce Sale of Ex-RWE Share in Nabucco within Weeks

OMV is very likely to announce the sale of 17-percent stake in EU-backed gas pipeline project Nabucco West that Austrian OMV bought the share of German RWE. According to OMV CEO Gerhard Roiss declined to comment on potential candidates and the price
16.05.2013 15:21

Serbia to Set Up National Day-Ahead Electricity Market by 2014

Serbia’s electricity system operator EMS said it is working in order to set up a day-ahead national market by the first quarter of 2014, so that it can couple with other regional markets.   Milos Mladenovic, EMS's director for international
15.05.2013 17:28

European Commission Raids BP, Shell, Statoil Offices Over Collusion Suspicions

Three of Europe’s major oil companies – BP, Royal Dutch Shell and Statoil, might have colluded in order to inflate crude oil, petrol and biofuels prices, a number of international media announced today, after the European Commission said
15.05.2013 14:23

U.S. Oil Supply Surge to Displace OPEC from Leadership (IEA Report)

The supply shock created by a surge in North American oil production will be as transformative to the market over the next five years as was the rise of Chinese demand over the last 15, the International Energy Agency (IEA) said in its annual Medium-Term
14.05.2013 16:03

EU Approved Import Duty on Chinese Solar Panels, Germany Pleads for Extended Talks

Germany distanced itself on Monday from the European Commission's proposal to impose punitive import duties on solar panels from China, saying it would prefer an amicable solution.   "It was always the Chancellor's conviction that the
13.05.2013 14:59

Turkey’s Biggest Wind Park Started Operation

The biggest wind park to date in Turkey started operation in Turkey. The 143-megawatt facility in Western Turkey was built by Enerjisa Bares Wind Power – a consortium between local Haci Omer Sabanci Holding and Germany’s E.ON. A part
09.05.2013 12:43

Bulgaria and Turkey to Discuss Electricity Interconnector Capacity Increase

Bulgarian energy minister Asen Vasilev will meet with his Turkish counterpart Taner Yildiz will have a work meeting in Istanbul May 9. The two will discuss energy matters of common interest, among which increasing the capacity of the electricity
08.05.2013 14:39

E.ON Reports 5% Decrease of Q1 Earnings

Germany's biggest utility, said on Wednesday first-quarter core earnings fell 5 percent, blaming weak energy consumption and low electricity prices in its main market Europe. First-quarter earnings before interest, tax, depreciation and amortisation
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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