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Athens - Nicosia - Cairo to Fight Terrorism Boost Shipping Tourism Energy Ties in East Med

Πεμ, 30 Απριλίου 2015 - 18:23

The leaders of Greece, Cyprus and Egypt met in Nicosia on April 29 where they vowed to upgrade their economic partnership in shipping, tourism and energy in the context of their close political relations and jointly fight terrorism.

LNG Hrvatska Extends Deadline for Non-Binding Bids for LNG Krk Capacity

Πεμ, 30 Απριλίου 2015 - 18:17

Croatia's LNG Hrvatska said it has extended until May 31 the deadline for non-binding bids to book capacity at the planned liquefied natural gas (LNG) terminal on the Adriatic island of Krk.

Romania's OMV Petrom Plans Lower Dividend Investments in 2015

Πεμ, 30 Απριλίου 2015 - 18:13

Romania's top oil and gas group, OMV Petrom, said on Wednesday it will pay a gross dividend of0.0112 lei ($0.0028 /0.0026 euro)per share for 2014, versus0.0308 lei per share paid a year earlier.

Brussels Αsks Romania Croatia to Fully Transpose EU Energy Efficiency Directive

Πεμ, 30 Απριλίου 2015 - 18:08

The European Commission said on Wednesday ithas asked Romania, Croatia and threeother member statesto ensure the full transposition of the Energy Efficiency Directive.

Danes Energising Wind Power

Τετ, 29 Απριλίου 2015 - 15:56

Twenty-four years ago Denmark built its first wind turbine. Today, this Scandinavian country is a global leader in wind power, spreading its knowhow across Europe, Asia and North America.

Bosnia's RMU Banovici Hopes to Sign TPP Construction Financing Deal in 2015

Τετ, 29 Απριλίου 2015 - 15:47

Bosnian state-controlled brown coal mine operator RMU Banovici said on Tuesday it expects to sign this year a deal with a strategic partner for the construction and financing of the 350 MW Banovici thermal power plant (TPP) project.

HEP EPS Eye Acquisitions Abroad Montenegro's EPCG Possible Target

Τετ, 29 Απριλίου 2015 - 15:43

Croatian state-owned power utility HEP and its Serbian peer EPS are eyeing acquisitions abroad and Montenegrin energy firm EPCG is seen as a possible target, Zagreb-based news daily Vecernji List reported.

Market Conditions Bode Well for Croatia’s HEP IPO Plans

Τετ, 29 Απριλίου 2015 - 15:40

Market conditions and risk aversion are not so gloomy as in previous years and favorable pricing and demand for a possible initial public offering (IPO) of Croatian state-owned energy utility HEP could be easily secured, a financial analyst from Raiffeisenbank Austria said.

Influx of Funding for Ukrainian SME's

Τρι, 28 Απριλίου 2015 - 16:02

Stressing the need for reform in Ukraine, Commission president Jean-Claude Juncker has announced in Kiev an extra tranche of €110 million in support of SMEs in the war-torn country.

Energy Community Asks FYROM to Fully Open Power Market in Two Months

Τρι, 28 Απριλίου 2015 - 15:08

The Energy Community,a Vienna-based international energy policy organisation, said on Monday it has submitted a reasoned opinion as the next step in a dispute settlement case against FYROM for its failure to open its electricity market, requesting full market liberalisation in two months.

FYROM's Feb Power Consumption Declines 2.4% Y/Y

Τρι, 28 Απριλίου 2015 - 15:06

FYROM’s electricity consumption fell by 2.4% on the year to 745,974 MWh in February, data from the country's statistics office indicated.

Serbia's TENT TPP Reconnects to Grid B1 Unit B2 Offline for Routine Repairs

Τρι, 28 Απριλίου 2015 - 15:04

Serbia's biggest power generating complex, TENT, said on Monday it has reconnected to the grid its 650 MW B1 unit, which was taken offline in March for a regular overhaul.

Juncker Plan Helps Win Energy Battle of Crete

Δευ, 27 Απριλίου 2015 - 19:11

A project to interconnect the Greek island of Crete to the mainland’s electricity system that was proposed over 20 years ago could now be implemented using private investments to utilise the European Fund for Strategic Investment (EFSI), said Anastassios Kallitsantsis, the vice chairman of the Hellenic Federation of Enterprises (SEV).