A one-day workshop on the utilization of Albania’s significant hydroelectric potential is convened by the Institute of Energy for SE Europe (IENE) in Tirana on June 3, 2016. This special IENE event, organized in cooperation with Albanian counterparts and under the auspices of the Albanian Ministry of Energy and Industry and of the Greek embassy […]
ATHENS—Construction work has begun on the Trans Adriatic Pipeline, which is expected to bring natural gas from the Caspian Sea to Europe and ease reliance on Russian gas imports. The €5 billion ($5.67 billion) project is expected to supply around 10 billion cubic meters of Azeri gas a year to European countries, enough to cover […]
Sefcovic made the statement at the Greek Energy Forum in Thessaloniki, Greece. As the initiator of the biggest Southern Gas Corridor project, Azerbaijan has become a very important energy player at the regional and global levels, said Maros Sefcovic, vice-president of the European Commission for Energy Union, Trend reports. The vice-president stressed that the EU […]
Saipem, along with consortium partners Bos Shelf and Star Gulf, have been awarded call-off 007 under the Shah Deniz Stage 2 Master Agreement by BP, the Italian EPC company has announced. The total value of the contract is approximately $1.5bn, with Saipem’s share accounting for around $1.3bn, and has a duration of five years plus a possible […]
CALGARY, March 20, 2016 /PRNewswire/ – Bankers Petroleum Ltd. (“Bankers”) (TSX: BNK, AIM: BNK) is pleased to announce that it has entered into a definitive agreement (the “Arrangement Agreement”) with 1958082 Alberta Ltd. (the “Purchaser”) and Charter Power Investment Limited (“Charter Power”) for the purchase of all the issued and outstanding common shares of Bankers […]
EXHIBITION Date: 5-7 April 2016 Frequency: Annual Sequence: 12th edition Organizer: Via Expo Venue: Sofia, Inter Expo Center Working hours for visitors: 5 – 6 April: 10.00 – 18.00 h.; 7 April: 10.00 – 17.00 h. The EE & RE Exhibition puts on display a great set of existing energy technologies and it is a […]
On 1st March 2016, AEA-Albania Energy Association team implemented the first Photovoltaic System in Albania, Cerrik, at a children center managed by Caritas Albania “Balonat”. The center has now also biomass system with pellet central boiler used for heating, and the PV system using it for electricity production. The PV system is 15kW which is up […]
The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project will improve the security and diversity of EU energy supplies without unduly distorting competition in the Single Market. Margrethe Vestager, Commissioner in charge of competition policy, […]
Russian energy giant Gazprom has said it signed a memorandum with Italy’s Edison SpA and Greece’s DEPA SA on gas deliveries. In a press statement, it has explained that according to the memorandum of understanding signed in Rome, gas will be delivered under the Black Sea “via third countries” to Greece and will be transported […]
The Western Balkans Investment Summit in London on Monday brought together the prime ministers of Albania, Bosnia and Herzegovina, Croatia, Kosovo, Macedonia, Montenegro and Serbia with investors to discuss the development of transport links, energy projects and privatization. “We are encouraged by the fact that all of the region’s economies grew last year. And our […]