The intergovernmental agreements between Moscow and Ankara on the construction of the Turkish Stream pipeline and the agreed 10.25% natural gas discount will both be signed on the same day after the new Turkish government forms in autumn 2015, announced Taner Yildiz, Turkish Minister of Energy and Natural Resources, on […]

Greece is interested in expanding its energy cooperation with Moscow and the construction of an extension pipeline to the Turkish Stream project, said the Prime Minister Alexis Tsipras during his meeting with the President of Russia Vladimir Putin on Wednesday, April 8. According to Mr. Tsipras, the project will attract […]

Chevron has decided to abandon its efforts to develop shale gas deposits in Poland, according to the announcement made on January 30, 2015. According to the American energy corporation, it would not be able to make sufficient profits by continuing to extract Polish shale gas using hydraulic fracking. Earlier, the […]

Lately, tremendous efforts have been made in Scotland to bring down the energy consumption. Although rich in energy, Scotland alone accounts to 9% of total energy consumption in UK. Glasgow, being the largest city in the state, holds a significant amount of responsibility towards the statistics. Households in the city have […]

International energy community, politicians and experts continue the debate over the reasons and possible consequences of the decision to shut down the South Stream gas pipeline. The project cancelled by the President of Russia Vladimir Putin was to supply up to 63 billion cubic meters of gas to Southern and […]

At this moment in time, 25th of September 2014, the most precious commodity sector that exists in the entire world is the oil & gas industry. Oil & gas keeps the world going round fueling cars, heating houses, generating electricity, flying planes and many other things that we rely on […]

Every year, more than six million visitors from all over the world are fascinated by the matchless festival setting of Munich’s Oktoberfest. Yet, keeping the world’s largest beer festival and funfair brightly lit in all its glory requires 2.7 million kilowatt-hours (kWh) of electricity – equivalent to the total annual […]

A number of problems associated with the leak of radioactive water from Japan’s Fukushima nuclear plant continue to worry the international community and increase the number of Japanese citizens who actively advocate for the complete abandonment of nuclear energy. However, representatives of the expert community have repeatedly stated that the alternative […]