English Edition

Montenegro Calls Tender for Electric Traction Substation on Podgorica-Kolasin Route

Τετ, 3 Ιουνίου 2015 - 17:47

Montenegro has launched a tender for the design and construction of a new electric traction substation (ETS) Trebesica, located between Podgorica and Kolasin, a notice in the European Union’s procurement journal showed on Tuesday.

Athens Has Made Its Offer - A Payment to the IMF This Friday Will Be Made If a Deal is in Sight

Τρι, 2 Ιουνίου 2015 - 16:26

Today, the Greek Prime Minister has stated that Greece has sent a comprehensive reform proposal to its international creditors “whose acceptance by the institutions, our lenders and our partners in Europe will mark the end of the scenario of divisions in Europe.”

Montenegro's Synergy Powers Up 1.7 Mln Euro SHPP

Τρι, 2 Ιουνίου 2015 - 15:57

Montenegrin company Synergy has put into operation the 615 kW small-sized hydro power plant (SHPP) Vrelo in the municipality of Bijelo Polje, the municipal authorities said on Monday.

World Bank Affirms Croatia's 2015 GDP Growth Fcast At 0.5%

Τρι, 2 Ιουνίου 2015 - 15:56

The World Bank said it has affirmed its outlook for Croatia's economic growth this year at 0.5%.

Bulgaria's Fin Min Sees Jan-May Budget Surplus at 588 Mln Euro

Τρι, 2 Ιουνίου 2015 - 15:54

Bulgaria's consolidated budget surplus is expected to reach 1.15 billion levs ($641 million/588 million euro) at the end of May, equivalent to 1.4% of the country's projected gross domestic product (GDP), thefinance ministry said.

Putin Pours Money Into Venezuela Oil Production

Παρ, 29 Μαΐου 2015 - 20:01

Venezuela’s President Nicolas Maduro said Caracas and Russia’s sanction-hit Rosneft have agreed on around $14 billion in investment in the South American country’s oil and gas sector.

TERNA ENERGY: Firts Quarter 2015 Results

Παρ, 29 Μαΐου 2015 - 18:07

According to the financial statements of 31/03/2015, which were prepared in accordance with the International Financial Reporting Standards, the results of TERNA ENERGY for the first quarter of 2015 are as follows:

Serbian Energy Min Says Work on Gas Link With Bulgaria May Start in 2016

Παρ, 29 Μαΐου 2015 - 17:33

Serbian energy minister Aleksandar Antic said on Thursday he expects works on the construction of a gas interconnection with Bulgaria could start next year.

EVN's SEE Energy Supply Segment Turns to Pre-Tax Profit in H1 FY 2015

Παρ, 29 Μαΐου 2015 - 17:29

Austrian utility group EVN said on Thursday its energy supply operations in Southeast Europe (SEE) turned to a pre-tax profit of 7 million euro ($7.7 million) in the first half of fiscal 2015 started October 1 from a pre-tax loss of 10 million euro a year earlier.

RWE Plans New JV With Croatia's HEP After TPP Plomin 2 Exit

Παρ, 29 Μαΐου 2015 - 17:25

German energy company RWE plans a new joint venture with Croatian state-owned energy utlity HEP after exiting their partnership on the local 210 MW thermal power plant (TPP) Plomin 2, the two companies said on Thursday.

HELLENIC PETROLEUM: Positive Results on Strong Benchmark Refining Margins and High Exports

Πεμ, 28 Μαΐου 2015 - 18:46

The Board of Directors of HELLENIC PETROLEUM approved today the Group’s consolidated financial statements of 1Q15. A positive set of results driven by strong benchmark refining margins, increased exports and improved performance of all business units, both in Greece and abroad.

ENI Discovers Hydrocarbons Offshore Libya

Πεμ, 28 Μαΐου 2015 - 18:15

Italian energy company ENI, the largest producer in Libya, said it has discovered gas and condensates offshore, in the Bouri North exploration prospect in Area D.

Montenegro's EPCG Installs Undersea Power Cable in Bay of Kotor

Πεμ, 28 Μαΐου 2015 - 16:29

Montenegrin state-controlled power utility EPCG said it has installed a 35 kV undersea cable in the Bay of Kotor, completing an investment project worth 250,000 euro ($272,500).

Romanian Energy Holding Co Oltenia to Lay Off 2,133

Πεμ, 28 Μαΐου 2015 - 16:22

Romanian state-controlled energy holding company Complexul EnergeticOltenia will lay off 2,133 employees this year and will implementrestructuring measures aimed at boosting its efficiency,the government said in a statement on Wednesday.

Bosnia’s Q1 Net Electricity Output Edges Down 0.8% Y/Y

Πεμ, 28 Μαΐου 2015 - 16:15

Bosnia’s net electricity output ticked down 0.8% on the year to4,192 GWh in the first quarter of 2015, the country's statistics office said.

New Silk Road to Boost Asian Oil and Gas Development

Τετ, 27 Μαΐου 2015 - 16:23

Astana’s new initiative to realise such a great infrastructural project as the New Silk Road taking into consideration the economical and geopolitical conditions may become an excellent impulse for development of oil and gas infrastructure in Asian region, said Matthew J Sagers, a leading expert on power industry of the Caspian region.