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South Stream
South Stream (russian: Южный поток, Yuzhnyy potok; bg, Южен поток, Yuzhen potok; sr, / ; sl, Južni tok; hu, Déli Áramlat; it, Flusso Meridionale) was 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 in 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. Unlike South Stream, 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 Stre ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are 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 hydrocarbons. Natural gas can be burned fo ...
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Zaječar
Zaječar ( sr-Cyrl, Зајечар, ; ro, Zaicear or ) is a city and the administrative center of the Zaječar District in eastern Serbia. According to the 2011 census, the city administrative area has a population of 59,461 inhabitants. Zaječar is widely known for its rock music festival '' Gitarijada'' and for the festival dedicated to contemporary art '' ZALET''. 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 Emper ...
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Paolo Scaroni
Paolo Scaroni (born 28 November 1946) is an Italian businessman and banker, currently the chair of 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 model, supported b ...
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Turkish Stream
TurkStream ( tr, TürkAkım or ''Türk Akımı'', russian: Турецкий поток; 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. Some gas flows onwards to Serbia, and likely in future Hungary. The 2022 Russia–European Union gas dispute cut off deliveries to Bulgaria but they will likely resume with the new Bulgarian government. 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 Vladim ...
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2014 Crimean Crisis
In February and March 2014, Russia invaded and subsequently annexed the Crimean Peninsula from Ukraine. This event took place in the aftermath of the Revolution of Dignity and is part of the wider Russo-Ukrainian War. The events in Kyiv that ousted Ukrainian president Viktor Yanukovych on 22 February 2014 sparked pro-Russian demonstrations as of 23 February against the (prospected) new Ukrainian government. At the same time Russian president Vladimir Putin discussed Ukrainian events with security service chiefs remarking that "we must start working on returning Crimea to Russia". On 27 February, Russian troops captured strategic sites across Crimea, followed by the installation of the pro-Russian Aksyonov government in Crimea, the Crimean status referendum and the declaration of Crimea's independence on 16 March 2014. Although Russia initially claimed their military was not involved in the events, Putin later admitted that troops were deployed to "stand behind Crimea ...
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Trans Adriatic Pipeline
Trans Adriatic Pipeline (TAP) ( sq, Gazsjellësi Trans-Adriatik, el, Διαδριατικός Αγωγός Φυσικού Αερίου - ''Diadriatikós Agogós Fysikoú Aeríou'', it, Gasdotto Trans-Adriatico) is a natural gas pipeline proposed in 2003, constructed in 2016, and operational since 2020, from Azerbaijan at the Caspian Sea to Europe from Greece through Albania and the Adriatic Sea to Italy. It is a European section of the Southern Gas Corridor. 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 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%), F ...
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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 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 between 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 ...
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NHST Media Group
NHST Media Group AS (previously 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 '' Dagens Næringsliv''. 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 '' Dagens Næringsliv'', '' TradeWinds'', '' Intrafish'', '' Upstream'', Recharge'' EuropowerFiskeribladet
and
Morgenbladet ''Morgenbladet'' is a Norwegian weekly, newspaper, covering politics, culture and science. History ''Morgenbladet'' was founded in 1819 by the b ...
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Upstream (newspaper)
''Upstream'' is an independent oil and gas industry upstream sector weekly newspaper and a daily internet news site. The newspaper is owned by NHST 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 Erik Means. The newspaper was founded in 1996 to compete with well-established rivals including '' Oil & Gas Journal'', ''Petroleum Intelligence Weekly'', and ''Offshore Engineer Offshore may refer to: Science and technology * Offshore (hydrocarbons) * Offshore construction, construction out at sea * Offshore drilling, discovery and development of oil and gas resources which lie underw ...
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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 th ...
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Tornyiszentmiklós
Tornyiszentmiklós is a village in Zala County, Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning 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 .... References Populated places in Zala County {{Zala-geo-stub ...
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Hercegszántó
Hercegszántó ( hr, Santovo, sr, Сантово) is a village in the Bács-Kiskun County of 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. Stifulder are a Roman Catholic Subgroup of the Danube Swabians whose Ancestors once came at the 17th century and 18th century from Fulda (district). Majority of the Danube Swabians was expelled to Allied-occupied Germany and Allied-occupied Austria in 1945–1948, about 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 , image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"(" ...
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