Given its abundance of natural resources and the recent growth in domestic energy production, the United States is in a position to export far more energy than American trade laws currently allow. Free trade is imperative to a free society, as it fosters economic growth and improves human well-being. Policymakers should treat energy like any […]
Introduction: Energy Supply in Albania Even for a country like Albania where over 95% of electricity and 20-23% of total primary sources are provided by hydro, use of other renewables is important because improves security of energy supply and energy sector sustainability. If we add to these positive facts reduction of foreign trade deficit for […]
Hydropower is often considered a clean energy source, free of climate-warming carbon dioxide emissions. But although dams have been demonized for disrupting fish migrations and flooding valleys inhabited by families for generations, this so-called renewable form of energy has largely escaped scrutiny for its climate impacts. After all, how could the atmosphere be harmed by […]
TIRANA: Oil and gas exploration has dominated Albania’s foreign investments, the Bank of Albania said on Saturday. In early 2014, the extracting industry accounted for about 58 percent of Albania’s total foreign investments with an amount of 504 million euros ($564.88 million). However, it dropped 14 percent compared to 2013, yet still remained dominant in the […]
If Russia limits supplies of natural gas, Turkey is going to compensate for this by the gas delivered through the Trans-Anatolian (TANAP) pipeline, Minister of Energy and Natural Resources of Turkey Ali Rıza Alaboyun said Oct.5. “I don’t think that Russia will limit the supply of natural gas in the winter months,” said the minister. […]
The Trans Adriatic Pipeline (TAP) project, designed to transport gas from the giant Shah Deniz II field in Azerbaijan to Europe, is progressing well and is on schedule to transport gas in early 2020, Lisa Givert, TAP Head of Communications told Trend. “TAP will begin construction next year as we are aligned to Shah Deniz’s […]
HAMILTON, Bermuda, Oct 01, 2015 (GLOBE NEWSWIRE via COMTEX) — TransAtlantic Petroleum Ltd. (nyse mkt:TAT) (TNP) (the “Company” or “TransAtlantic”) today provided an operational update on its current production and drilling program. Production Update TransAtlantic’s current average 7-day net production rate is approximately 6,220 BOEPD, comprised of approximately 5,360 BOPD and approximately 5.2 MMCFPD of […]
The process of acquisition of a 66 percent stake in the Greek DESFA gas operator by SOCAR (State Oil Company of Azerbaijan) runs smoothly, Greek Productive Reconstruction, Energy and Environment Minister Panos Skourletis said, the Greek media reported Oct.1. Skourletis made the remarks at a meeting with Azerbaijani Ambassador to Greece Rahman Mustafayev, Adviser to […]
The former director of Albania’s electricity distribution network operator, Arben Seferi, is being referred to prosecutors on suspicion of costing the state 9.7 million euros through suspect energy purchases. The Supreme State Audit said in a statement on Saturday that Seferi, former director of Albania’s electricity distribution network operator OSHEE, and two other former high-ranking […]
