Energy

EU companies propose solar PV manufacturing project for hydrogen production

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At the Hydrogen for Climate Conference in Brussels on 10 October, EU companies Hydrogenics from Belgium, Meyer Burger from Germany, Ecosolifer from Hungary, and European Energy from Denmark presented their joint proposal for the...

Union for the Mediterranean calls for greater efforts tackle climate change

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The Foreign Affairs Ministers of the Union for the Mediterranean (UfM) agreed on 10 October on the need to prioritise the actions of the UfM and to particularly focus the work in the coming...

MEPs express concern over climate change

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The European Parliament in Brussels voted on 10 October for an increase of climate action spending in the next EU budget, calling for a quantum leap in financial efforts in order to achieve the...

Russia, Germany discuss gas transit across Ukraine

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Russia and Germany discussed in Moscow on 9 October issues related to supplies of Russian natural gas to Europe in the period from 1 January 2020, during a meeting of Gazprom CEO Alexey Miller...

Novatek launches East-Urengoyskoye+North-Esetinskoye field

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Russia’s largest independent gas producer announced on 10 October that Arcticgas, a joint venture between Novatek and PAO Gazprom Neft, commenced commercial production at the East-Urengoyskoye+North-Esetinskoye field within the Samburgskiy license area, with estimated...

LUKOIL and Komi republic enhance cooperation

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LUKOIL President Vagit Alekperov and Komi Republic head Sergey Gaplikov signed Agreement on Cooperation for 2020 – 2024 in the city of Usinsk, on 7 October, the Russian oil company said. According to the agreement,...

At Cairo summit, Turkey slammed for drilling in Cyprus’ EEZ

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At a trilateral summit between Egypt, Cyprus and Greece in Cairo on 8 October, the leaders of the three countries slammed Turkey's drilling in Cyprus' Exclusive Economic Zone (EEZ). AP quoted Egypt’s President Abdel-Fattah el-Sissi,...

EIB to invest in energy supply diversification

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The European Investment Bank announced on 10 October a €110 million loan for the construction of a gas systems interconnection facility between Bulgaria and Greece, that will help establish a link with the Trans...

Enel Russia completes transfer of Reftinskaya GRES to Kuzbassenergo

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Italy’s Enel announces on 1 October, the ownership of Reftinskaya GRES coal-fired power plant has been transferred from its subsidiary Enel Russia to Kuzbassenergo, owned by Siberian Generating Company. According to Enel, the transfer was...

Russia’s Gazprom and Germany’s Linde to establish engineering JV

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Russian gas monopoly Gazprom and Germany’s Linde signed on 3 October an agreement to create a joint engineering venture to develop process, design and engineering documentation for natural gas processing and liquefaction facilities in...

Jamal LNG increases shipments to the Asian Pacific Markets via NSR

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Novatek said on 1 October that 15 liquified natural gas (LNG) cargos from the company’s Yamal LNG project were shipped eastbound to the Asian Pacific markets directly via the Northern Sea Route (NSR) during...

ENI’s Vår Energi acquires ExxonMobil’s upstream assets in Norway

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Vår Energi AS, owned by ENI and HitecVision, on 26 September signed an agreement with ExxonMobil to acquire its upstream assets in Norway. The transaction includes ownership interests in more than 20 producing fields...

Greece and US ink new defence deal and extend strategic dialogue

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Taking a welcome break from his involvement in the Trump-Ukraine issue, US Secretary of State Mike Pompeo completed his short Balkan swing on 6 October after signing an important agreement in Athens to update...

Kazakhstan to ink deal with Austria’s Borealis before year-end

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NUR-SULTAN, Kazakhstan - The project for the construction of a polyethylene production plant should be completed in 2021, Kazakhstan’s Energy First Vice Minister Makhambet Dosmukhambetov said on 3 October. “The construction of the polypropylene plant...

EU Member States, corporates to help meet climate targets

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AMSTERDAM – The governments of the EU Member States need to be more specific about the detailed policy instruments they’re going to be pursuing to meet their climate targets, Wind Europe CEO Giles Dickson...

EU enhances international cooperation in the Arctic

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The European Union's foreign policy chief, Federica Mogherini, the minister for foreign affairs of Sweden, Ann Linde, and EU Commissioner Karmenu Vella co-hosted on 3 October the 2019 EU Arctic Forum, in Umeå, Sweden. The...

Kazakhstan to buy a 50% stake in Ekibastuz power station-2 from Russia’s Inter RAO

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NUR-SULTAN, Kazakhstan – Kazakh state fund Samruk-Kazyna plans to acquire a 50% stake of Ekibastuz Power Station-2 from Russian company Inter RAO, the managing director for Asset Management and Privatisation of Samruk-Kazyna, Almasadam Satkaliev,...

Juncker Plan to support energy-efficient housing in Sweden

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The European Investment Bank announced on 30 September that it is providing €300 million of financing under the Juncker Plan's European Fund for Strategic Investments to the Swedish residential company Heimstaden Bostad, to develop...

Meeting Erdogan at UN, Mitsotakis eyes calmer waters

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The meeting between Greece's newly elected Prime Minister Kyriakos Mitsotakis and Turkey’s President Recep Tayyip Erdogan on the sidelines of the United Nations General Assembly in New York on 25 September at a time...

OPEC: Oil and gas will keep a dominant position in energy market until 2040

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NUR-SULTAN, Kazakhstan - Hydrocarbons will keep a dominant position in the energy market until 2040, OPEC Secretary General Mohammed Barkindo said in the capital of Kazakhstan on 26 September. “On November 5 this year, OPEC...

Italy’s ENI, GE win renewable contract in Northern Kazakhstan

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Italian energy major ENI, through its local subsidiary ArmWind LLP, a Joint Venture between ENI and General Electric, was awarded a 48 MW wind project as a result of the online reverse auction for...

Enel Green Power to build wind farm beyond the Arctic Circle

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Italy’s Enel Green Power said on 19 September that the company broke ground at the Kolskaya wind project, located in the Russian region of Murmansk. With 201 MW of installed capacity, the facility is...

EIB presents two renewable energy projects in Kenya

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The European Investment Bank and FMO, the Dutch entrepreneurial development bank, have announced on 24 September the joint financing of the construction of two new solar photovoltaic plants in Kenya. They will each provide $53...

EU updates its energy efficiency policy

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The European Commission adopted on 25 September three recommendations to help EU states implement the Directive on Energy Efficiency, which is one of the flagship pieces in the Clean Energy for All Europeans package,...

EIB President announces new climate action investment at UN summit

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During the 74th session of the UN General Assembly, the president of the European Investment Bank, Werner Hoyer, has announced on 25 September more than $1.1 trillion of climate action and environmental sustainable investment...

Norway’s Equinor and KazMunayGas ink joint research oilfield agreement

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Norwegian company Equinor and Kazakh national oil and gas company KazMunayGaz have signed an agreement on joint research for oil and gas in the territory of Kazakhstan on 23 September. Senior vice president for international...

MEDREG backs South Mediterranean energy regulatory reforms

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The future of energy cooperation in the Mediterranean was highlighted during a conference on MEDREG’s support to energy regulatory reforms in the Southern Mediterranean on 19 September 2019 in Brussels. The president of the Association...

Iran to release Stena Impero

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The British-flagged oil tanker Stena Impero is "free to leave," Iran's government spokesperson, Ali Rabiei, said on Monday. Islamic Revolutionary Guard (IRGC) forces captured the Stena Impero in the Strait of Hormuz on July 19. The...

Kazakhstan plans to increase uranium supply to China

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Kazakhstan intends to increase uranium supply to China, Kazakhstan’s energy ministry has said. Kazakhstan’s Energy Minister Kanat Bozumbayev met with the representative of the National Agency for the Atomic Energy of China, the press service...

Drone strikes on Saudi oil fields spike prices

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Geopolitical tensions and fears of longer-than-expected supply shortfalls led to Brent crude oil prices rising more than 1% on 19 September following the drone attacks on 14 September on the Abqaiq facility and the...

Offshore wind wins 5.5 GW of 6 GW of new renewable capacity awarded in...

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Offshore wind won 5.5 GW of the 6 GW of new renewable energy capacity awarded in the UK in the world’s largest ever wind energy auction, WindEurope said on 20 September. According to WindEurope, the...

LUKOIL, KazMunayGaz sign joint research agreement

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Russia’s LUKOIL and KazMunayGaz (KMG) signed on 20 September an agreement on joint exploration of hydrocarbon sites in Kazakhstan. LUKOIL President Vagit Alekperov and KazMunayGas President Alik Aidarbayev signed the agreement during the LUKOIL president’s...

Russia, Ukraine OK with EU law for gas transit

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On 19 September in Brussels, Russia, Ukraine and the European Commission held trilateral gas talks at a political level on the long-term transit of Russian gas via Ukraine to Europe as of next year...

EIB and Italy join forces to promote clean fusion energy

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The European Investment Bank announced on 19 September that is providing €250 million under the European Fund for Strategic Investments, or the Juncker Plan, to Italy's national agency ENEA, whose research activities are focused...

OPEC head to visit KazEnergy and Kashagan oil field

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OPEC Secretary-General Mohammed Barkindo will visit an international energy forum in Nur-Sultan and the giant oilfield Kashagan in Kazakhstan’s section of the Caspian Sea next week, KazEnergy Executive Director Talgat Karashev has said. “The head...

EU Commission clears E.ON’s acquisition of Innogy under conditions

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Germany’s E.ON took a step closer on 17 September in acquiring Innogy’s distribution and consumer solutions business as well as certain of its electricity generation assets after the European Commission gave its approval but...

EU to help modernise Czech Republic’s electricity system

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In an effort to increase energy security in the Czech Republic, the European Union is investing more than €46 million from the European Regional Development Fund to modernise and extend the electricity substation of...