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IENE News & Announcements

7th S.E. Europe Energy Dialogue Programme Announced

Posted: Thursday, May 23, 2013

The Institute of Energy for SE Europe (IENE) has announced the detailed programme of the “7th S.E. Europe Energy Dialogue”, which will be held in Thessaloniki at the MET Hotel on June 19 – 20, 2013. As in past years, IENE’s annual Energy Dialogue conference is being organized in association with the World Energy Council (WEC). This year, the Energy Dialogue will focus on «The New Regional Parameters» vis-a´-vis the latest developments of the evolving natural gas and electricity markets of the region, as well as the ever deepening energy partnerships of on S.E. European countries with the Caspian Sea, the East Mediterranean, the Middle East and North Africa

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Bulgarian Government Allocates 5.1 Mln Euro from State Budget for NPP Units Decommissioning

Posted: Thursday, May 23, 2013

The caretaker government of Bulgaria allocated 10 million levs ($6.6 million/5.1 million euro) to the planned decommissioning of two units of the country's sole nuclear power plant Kozloduy

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EU Directive on Offshore Oil and Gas: Operators Should Prove Their Ability to Cover Damages

Posted: Wednesday, May 22, 2013

Parliament gave its green light on Tuesday to the new directive on the safety of offshore oil and gas operations. The new rules will require oil and gas firms to prove their ability to cover potential liabilities deriving from their operations and to submit major hazard reports and emergency response plans before operations can start

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EU Leaders Recognize the Need for Predictable 2030 Framework Mobilising Private Investments

Posted: Wednesday, May 22, 2013

At the European Council meeting being held today, May 22, 2013,Heads of States and governments underlined the importance of having a predictable climate and energy policy framework post-2020 and of phasing-out fossil fuel subsidies. "The Heads of States recognise the much needed benefits of a 2030 energy framework. It would attract private investments, bring down capital costs as well as future energy prices and step-up the deployment of renewables", said Rainer Hinrichs-Rahlwes, President of the European Renewable Energy Council (EREC)

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European Parliament Calls for 2030 Binding Renewable Energy Target

Posted: Tuesday, May 21, 2013

The European Parliament adopted today in plenary the Reul Report, which calls on the European Commission to propose a binding European renewable energy target by 2030. "This vote confirms the European Parliament’s commitment to basing Europe’s future on renewable energy and sends a very strong message to both the European Commission, currently consulting on a 2030 framework for energy and climate policies, and to Member States", said Hinrichs-Rahlwes, President at European Renewable Energy Council (EREC)

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Energy Chief Oettinger Says EU to Review Fracking This Year

Posted: Monday, May 20, 2013

The European Union will review hydraulic fracturing and the environmental concerns surrounding the practice this year, EU Energy Commissioner Guenther Oettinger says in newspaper Die Welt. "Protecting areas where drinking and ground water are present, such as at Lake Constance , is absolutely right," and the EU will look more closely at hydraulic fracturing, known as fracking, this year, Mr. Oettinger says

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20-24 May: European Maritime Week Conference - Current Trends and Challenges Ahead

Posted: Friday, May 17, 2013

The Department of Maritime Studies of the University of Piraeus, the Jean Monnet Centre of Excellence on Shipping, Trade and Transport, the European Parliament Office and the European Commission’s Representation Office in Greece, organize an important conference concerning the Maritime Sector and Innovative Entrepreneurship

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OMV's Roiss: Sale of Share in Nabucco Could Be Announced Within Weeks

Posted: Wednesday, May 15, 2013

Details about negotiations to sell a recently-acquired stake in the Nabucco West gas pipeline project consortium could be made public within weeks, the head of the Austrian oil and gas group OMV AG (OMV.VI) said. "It is true that we are negotiating with someone. I can't name any names, but it might be announced in the coming weeks," Gerhard Roiss said in an interview with Austrian daily Wirtschaftsblatt published Wednesday

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Centre-right GERB Wins Snap Elections, Falls Short of Majority

Posted: Monday, May 13, 2013

GERB, the centre-right party of Bulgaria's ousted prime minister Boyko Borisov, won a slim victory in the country's snap elections on Sunday but failed to secure enough seats in parliament to govern alone, preliminary official results indicated on Monday

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Bulgaria's Gas Monopoly Plans to Seek No Change in Q3 Gas Prices

Posted: Monday, May 13, 2013

Bulgaria's gas monopoly Bulgargaz said it plans not to seek a change in the price of natural gas that local consumers will pay in the third quarter of the year. The projected price of natural gas for the third quarter of the year is unchanged at 630.94 levs ($420/323 euro) per 1,000 cubic metres, value added tax excluded, the company said in a statement published on its website

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