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South Stream
South Stream (; ; ; ; ; ) is a canceled pipeline project to transport natural gas of the Russian Federation through the Black Sea to Bulgaria and through Serbia, Hungary and Slovenia further to Austria. It was never finished. The project was found in non-compliance with the European Union's Third Energy Package legislation, which stipulates the separation of companies' generation and sale operations from their transmission networks. The Russian Government cancelled the project on 1 December 2014, seven years after the project was started. It was seen as rival to the Nabucco pipeline project, which was abandoned in favor of the Trans Adriatic Pipeline (TAP). Unlike South Stream, the TAP is fully compliant with EU legislation by way of having obtained EU Third Party Access Exemption. Construction of the Russian onshore facilities for the South Stream pipeline started in December 2012. The project was cancelled by Russia in December 2014 following obstacles from the Europea ...
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Natural Gas
Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium. Methane is a colorless and odorless gas, and, after carbon dioxide, is the second-greatest greenhouse gas that contributes to global climate change. Because natural gas is odorless, a commercial odorizer, such as Methanethiol (mercaptan brand), that smells of hydrogen sulfide (rotten eggs) is added to the gas for the ready detection of gas leaks. Natural gas is a fossil fuel that is formed when layers of organic matter (primarily marine microorganisms) are thermally decomposed under oxygen-free conditions, subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other ...
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Zaječar
Zaječar ( sr-Cyrl, Зајечар, ; or ) is a city and the administrative center of the Zaječar District in eastern Serbia. According to the 2022 census, the city administrative area had a population of 48,621 inhabitants. Zaječar is widely known for its rock music festival '' Gitarijada'' and for the ZALET festival dedicated to contemporary art. Name In Serbian, the city is known as ''Zaječar'' (; in Romanian as ''Zaicear'', ''Zăiicer'' (archaic name), ''Zăiceri'', ''Zăicear'' or ''Zăiceari''; in Macedonian as and in Bulgarian as (''Zaychar''). The origin of the name is from the Torlak dialect name for "hare" = ''zajec'' / (in all other Serbian dialects it is ''zec'' / , while in Bulgarian it is / zaek"). It means "the man who breeds and keeps hares". Folk etymology in Romanian, gives "Zăiicer" as meaning "the Gods are asking (for sacrifice)". Early renderings of the city in English used ''Saitchar''. History Ancient Three Roman Emperors were born in ...
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Paolo Scaroni
Paolo Scaroni (born 28 November 1946) is an Italian businessman and banker, currently the chairman of Enel and A.C. Milan. Between 2002 and 2014 he has been chief executive officer of Italian energy companies Enel and Eni. Education In 1969, Scaroni graduated from Bocconi University of Milan in the field of economics. In 1973, he obtained an MBA from Columbia Business School. Career In 1969, Scaroni joined Chevron Corporation for three years. After obtaining MBA, Scaroni was an associate at McKinsey & Company. In 1973, he joined Saint-Gobain, where he held different positions, culminating with his appointment as president of flat glass division. In 1985, he was appointed CEO of Techint. In 1996, he moved to the United Kingdom to become chief executive officer of Pilkington. Enel and Eni From May 2002 to May 2005, he served as CEO of Enel, Italy's leading electricity company. At Enel, Scaroni made a real breakthrough by abandoning the traditional multi-utility corporate ...
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Turkish Stream
TurkStream ( or ''Türk Akımı'', ; former name: Turkish Stream) is a natural gas pipeline running from Russia to Turkey. It starts from Russkaya compressor station near Anapa in Russia's Krasnodar Region, crossing the Black Sea to the receiving terminal at Kıyıköy. Most gas flows onwards to the European Union via the Malkoçlar pipeline to Bulgaria. History The first direct gas pipeline between Russia and Turkey under the Black Sea was Blue Stream, which was commissioned in 2005. In 2009, Russia′s prime minister Vladimir Putin proposed the Blue Stream II line parallel to the original pipeline. The Blue Stream II project never took off and the South Stream project took the lead, until it was abandoned in 2014. The TurkStream (then named Turkish Stream) project was announced by Russia′s president Vladimir Putin on 1 December 2014 during his state visit to Turkey, when a memorandum of understanding was signed between Gazprom and BOTAŞ. A permit to conduct engine ...
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2014 Crimean Crisis
In February and March 2014, Russia invaded the Crimean Peninsula, part of Ukraine, and then annexed it. This took place in the relative power vacuum immediately following the Revolution of Dignity. It marked the beginning of the Russo-Ukrainian War. The events in Kyiv that ousted Ukrainian president Viktor Yanukovych on 22 February 2014 sparked both pro-Russian and anti-separatism demonstrations in Crimea. At the same time, Russian president Vladimir Putin told his security chiefs to begin work on "returning Crimea to Russia". On 27 February, Russian special forces without insignia seized strategic sites across Crimea. Russia at first denied involvement, but Putin later admitted that they were Russian troops. As the armed men occupied Crimea's parliament, it dismissed the Crimean government, installed the pro-Russian Aksyonov government, and announced a referendum on Crimea's status. The referendum was held under Russian occupation and, according to the Russian-insta ...
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Trans Adriatic Pipeline
The Trans Adriatic Pipeline (TAP; ; ; ) is a natural gas pipeline operational since 2020, running from Greece through Albania and the Adriatic Sea to Italy. It is the final section of the Southern Gas Corridor originating in Azerbaijan. , capacity is 10 bcm per year. The natural gas originates in the second stage of the Shah Deniz (Azerbaijan) gas field development in the Azerbaijani section of Caspian Sea flowing through the South Caucasus Pipeline and the TANAP pipeline, Trans Anatolian Pipeline (TANAP). The TAP has been supported by European institutions and seen as a "Project of Common Interest" to enhance energy security and diversify gas supplies for European markets. It is operated by a Swiss joint venture and owned by BP (20%), SOCAR (20%), Snam (20%), Fluxys (20%) and Enagás (20%). History The Trans Adriatic Pipeline project was announced in 2003 by Switzerland, Swiss energy company EGL Group (now named Axpo). The feasibility study was concluded in March 2006. Two ...
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Nabucco Pipeline
The Nabucco pipeline (also referred as Turkey–Austria gas pipeline) was a failed natural gas pipeline project from Erzurum, Turkey, to Baumgarten an der March, Austria to diversify natural gas suppliers and delivery routes for Europe. The pipeline was to lessen European dependence on Russian energy. The project was backed by several European Union states and the United States and was seen as a rival to the Gazprom-Eni South Stream pipeline project. The main supplier was to be Iraq with potential supplies from Azerbaijan, Turkmenistan, and Egypt. The project was developed by a consortium of six companies. Preparations started in 2002 and the intergovernmental agreement among Turkey, Romania, Bulgaria, Hungary and Austria was signed on 13 July 2009. After an announcement of the construction of TANAP, the consortium submitted the Nabucco-West project, which was to run from the Turkish-Bulgarian border to Austria. It was a modification of the original Nabucco Pipeline pr ...
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NHST Media Group
DN Media Group AS (previously NHST Media Group AS and before that Norges Handels og Sjøfartstidende AS) is a Norwegian media conglomerate that publishes a number of newspapers and online tools. The company dates back to 1889 when it started the predecessor of . The largest owners of the company are Bonheur ASA (53.99%) and Must Invest (21.75%). The company is listed on the Norwegian OTC. The company publishes a number of newspapers primarily within business news, including , '' TradeWinds'', '' Intrafish'', '' Upstream'', ''Recharge,'' ''Europower'', ''Fiskeribladet'' and ''Morgenbladet is Norway's oldest daily newspaper, covering politics, culture and science, now a weekly news magazine primarily directed at well-educated readers. The magazine is notable for its opinion section featuring contributions exclusively from Norweg ...''. In addition the group owns two software-as-a-service (SaaS) companies within PR distribution tech and Social Media Monitoring; Mynewsdesk (h ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector news site. The publication is owned by DN Media Group. It is headquartered in Oslo, Norway. The newspaper covers the upstream sector of the global oil and gas industry with full-time staff correspondents in all the major centres of the industry. It is published every Friday. Upstream had full-time reporters based in its head office in Oslo, as well as bureaux and correspondents in London, Moscow, Accra, New Delhi, Singapore, Wellington, Rio de Janeiro and Houston. Its editor in chief is Leia Parker. The newspaper was founded in 1996 to compete with well-established rivals including ''Oil & Gas Journal'', '' Petroleum Intelligence Weekly'', and '' Offshore Engineer''. It covers all aspects of the upstream industry, but focuses especially on news related to business, policy and the sector's key players as well as the commercial side of the industry. Coverage includes exploration, field development, contracts, ...
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Third Energy Package
The European Union's Third Energy Package is a legislative package for an internal gas and electricity market in the European Union. Its purpose is to further open up the gas and electricity markets in the European Union. The package was proposed by the European Commission in September 2007, and adopted by the European Parliament and the Council of the European Union in July 2009. It entered into force on 3 September 2009. Core elements of the third package include ownership unbundling, which stipulates the separation of companies' generation and sale operations from their transmission networks, and the establishment of a National regulatory authority (NRA) for each Member State, and the Agency for the Cooperation of Energy Regulators (ACER) which provides a forum for NRAs to work together. The EU energy market The European Commission and the Parliament wants to reach the goals of "Europe 2020 Strategy" through a secure, competitive and sustainable supply of energy to the eco ...
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Tornyiszentmiklós
Tornyiszentmiklós is a village in Zala County, Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and .... References Populated places in Zala County {{Zala-geo-stub ...
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Hercegszántó
Hercegszántó (, ) is a village in Bács-Kiskun County in Hungary, famous for being the birthplace of footballer Flórián Albert. Residents are Magyars, with minority of Serbs and Croats. Until the end of World War II, the Danube Swabians lived in this village, it was the only village of ''Stifulder'', in the Bács-Kiskun county. The Stifulder are a Roman Catholic subgroup of the Danube Swabians whose ancestors arrived in the 17th and 18th centuries from the Fulda District. Majority of the Danube Swabians was expelled to Allied-occupied Germany and Allied-occupied Austria in 1945–1948, as a result of the Potsdam Agreement. A border crossing into Serbia is located near Hercegszántó. The Serbian town of Bački Breg lies across the border. It is also only a few kilometres away from Croatia. Notable people *Flórián Albert Flórián György Albert (15 September 1941 – 31 October 2011) was a Hungarian professional football player, manager and sports official, who ...
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