ISTANBUL — The U.S., the European Union and Russia are locked in an energy battle, and its outcome depends almost entirely on one country: Turkey. The construction of a new pipeline through the Black Sea to Turkey could tilt the balance of that game should countries such as Greece sign on to the new Russian-backed project. […]
In the last period, by a rapid glimpse seems that we are in a multiplication of initiatives gas pipeline that advance with chaotic and indefinite roadmap interesting directly the South East Europe (SEE). Than without losing here with reporting, about the long list of the initiate, what is evident for sure is that the SEE […]
Global investment in renewable power has seen impressive growth, even surpassing anticipations with a total investment of USD 270.2 billion in 2014, 17% higher than 2013 (BNEF, 2015). This surge in investment has become possible as costs for solar panels and wind turbines are rapidly decreasing thereby making renewable technologies more competitive relative to conventional […]
Iran’s media said on Sunday the country is reviving a plan to pipe natural gas to Switzerland and thereon across Europe. A package of proposals over the project will be presented to a high-profile Swiss trade delegation that will arrive in Tehran on Sunday, Fars news agency reported. “Iran’s package of proposals focuses on […]
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Summary Bankers is extracting crude from continental Europe’s largest onshore oilfield; Patos-Marinza in Albania. Growing production with the move from old, reactivated, vertical wells to efficient, horizontal wells. Thriving in the recent crude price slump due to improving efficiencies, netbacks, and market price of crude extracted. Target price of $4.50 based on DCF & Comps. […]
The EU is hoping future gas imports from Iran can break its dependence on Russia as prospects grow for a nuclear deal that would include lifting sanctions on Tehran. The European Union is betting on so-called Southern Corridor pipelines to supply gas to southern Europe via Turkey from fields in Azerbaijan and nearby countries, including […]
Two oil wells have exploded today at Patos-Marinze, in Fier, very close to residential areas, while behind them are created dozens small fountains that release gas. After the explosion in the air are distributed huge clouds of smoke and smell gas while underground water is gushing oil. Oil and water have flooded the streets. The explosions […]
European Biomass Conference and Exhibition 2015 Who will be there? What will the conference cover? Register now and save up to 20% EUBCE 2015 Conference Dinner Who will be there? Vienna will welcome the world’s biomass leading experts and decision makers from + 800 global organisations from more than 65 countries to discuss today’s challenges and show the […]
Albania’s trade deficit stood at around 21 billion Lek (162.29 million U.S. dollar) in February, registering a year-on-year growth of 10.9 percent, according to data published by Albania’s Institute of Statistics (INSTAT) on Monday. The figure also represents a 20 percent month-on-month increase, according to the institute. In February 2015, the value of exports from […]