English Edition

Centralised Heating for Sofia is Ready for the New Season

Τρι, 24 Οκτωβρίου 2017 - 16:23

"Toplofikatsia Sofia" is ready to start the new heating season in the capital, announced the municipal company

Turkey's Enerjisa to be Ready for IPO in 2018: CEO

Τρι, 24 Οκτωβρίου 2017 - 16:22

Enerjisa, owned by Turkey's Sabanci and German E.ON, will be ready for its initial public offering (IPO) at the beginning of 2018, however, shareholders will have the final say on the timing of the offering, the company's CEO said in Barcelona

Luxembourg Closer to 2020 Climate, Energy Targets

Τρι, 24 Οκτωβρίου 2017 - 16:22

Luxembourg is making good progress towards its 2020 climate and energy targets, European Commission Vice-President for Energy Union Maroš Šefčovič has said

Renault Group Hires 300 People in Romania

Δευ, 23 Οκτωβρίου 2017 - 16:12

French car manufacturer Renault wants to hire 300 people in Romania, according to an announcement the company made on Friday. It needs people in the research & development sector, business services, manufacturing, procurement and finance department

Iraqi-Kurdish Battles Send Oil Prices Gushing, Retreating

Δευ, 23 Οκτωβρίου 2017 - 16:11

Oil prices surged from October 13 through October 18 as fighting between Iraqi and Kurdish forces intensified, threatening supplies from northern Iraq, while markets await changes from US Congress on sanctions targeting Iran demanded by US President Donald Trump to stave off a US withdrawal from the deal

IEA: Market Flexibility Is Improving Thanks to LNG, But Gas Security Remains A Concern

Δευ, 23 Οκτωβρίου 2017 - 16:09

While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalised and interdependent markets is creating new security challenges, according to the International Energy Agency's latest assessment of global gas security

Akkuyu Nuke Co Gets Build Permit for Non-Nuclear Const.

Παρ, 20 Οκτωβρίου 2017 - 18:06

Turkey's first nuclear power plant in the southern Turkish province of Mersin is making headway with the issuance of a Limited Construction Permit (LCP) to build non-nuclear structures, according to a statement on Friday

Gazprom Board Adopts Cost Reduction Programme for 2017

Παρ, 20 Οκτωβρίου 2017 - 18:05

The Gazprom Board of Directors approved on October 18 the revised investment program, budget (financial plan) and cost optimization (reduction) programme for 2017, the Russian gas monopoly said. The key figures of the investment programme did not change compared to the version approved by the Gazprom Management Committee in September this year, Gazprom said

Greece’s Energean Announces First Results Offshore Montenegro

Παρ, 20 Οκτωβρίου 2017 - 18:04

On October 19, Greece’s Energean Oil & Gas announced the first Competent Persons Report (CPR) for its assets offshore Montenegro, compiled by Netherland Sewell & Associates (NSAI), detailing the recoverable gas and liquids resource estimates in respect to Energean’s 100% interest in blocks 4218-30 and 4219-26

Serbia's Largest Wind Farm to Receive €215 Mln. Loan

Τετ, 18 Οκτωβρίου 2017 - 17:10

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are providing a €215 million loan to Serbia's largest wind farm, the Cibuk 1 wind farm, the EBRD said Tuesday. The 158-megawatt (MW) Cibuk 1 wind farm, at a cost €300 million, is also the largest wind farm in the Western Balkans to date, the bank said

Baghdad Asks BP to Update Kirkuk Oil Fields in N. Iraq

Τετ, 18 Οκτωβρίου 2017 - 17:09

The Iraqi government asked BP to develop oil fields in Kirkuk in northern Iraq which came under the central government's control on Tuesday, a statement from Iraq's oil ministry said on Wednesday

Trump, Tsipras See Greek Role in EU Energy Security

Τετ, 18 Οκτωβρίου 2017 - 17:08

US President Donald Trump hailed Greece’s contribution to EU energy security, following a meeting with Greek Prime Minister Alexis Tsipras at the White House on October 17. Trump was referring to projects that enhance the transportation of gas, essentially lessening the European Union’s reliance on Russia and open up the possibility of Greece becoming a customer for future US exports of liquefied natural gas

ENI Wraps Up Sale of a 30% Stake in Egyptian Field to Rosneft

Τρι, 17 Οκτωβρίου 2017 - 18:18

ENI has said the Italian energy major has finalised the sale of a 30% stake in the Shorouk concession, where the super-giant Zohr gas field is located, to Russian state oil giant Rosneft