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Serbia FYROM Greece  Turkey  Hungary Plan to Tackle Jointly Energy Security

Serbia FYROM Greece Turkey Hungary Plan to Tackle Jointly Energy Security

Serbia, Hungary, Greece, FYROM and Turkey have agreed to pursue joint infrastructure initiatives that would ensure the energy stability of the region, especially after the demise of the South Stream gas pipeline project, Serbian foreign minister Ivica Dacic said.

Mineco Says 4 MW HPP Project in Bosnia to Go Live in 2017

Mineco Says 4 MW HPP Project in Bosnia to Go Live in 2017

UK - based mining and energy group Mineco said its subsidiary Medos One has won a 50-year concession to build and operate a 4 MW hydro power plant (HPP) on the Drinjaca river in Bosnia.

AES to Cut by 14% Power Price in Bulgaria Contour Global Agrees to 17% Decrease

AES to Cut by 14% Power Price in Bulgaria Contour Global Agrees to 17% Decrease

The Bulgarian units of US companies AES and Contour Global agreed with state-owned power utility NEK on a decrease by 14% and 17%, respectively, in the capacity price for electricity produced by their coal-fired plants in the southeast of the country, the Bulgarian government said on Wednesday.

Tsipras - Putin Speak of Spring Agree on Energy - Trade Cooperation

Tsipras - Putin Speak of Spring Agree on Energy - Trade Cooperation

Describing their meeting as the beginning of a new Spring in the relations between Greece and Russia, Russian president Vladimir Putin and Greek prime minister Alexis Tsipras ended their talks in Moscow, with the signing of a series of cooperation agreements between their countries, mainly in the trade and energy sectors.

Getting Greece Ultra Limits

Getting Greece Ultra Limits

Later today, Greek PM Alexis Tsipras will meet the Russian leadership at the Kremlin. A joint press conference with President Vladimir Putin will follow.

Iran Nuclear Agreement Will Refocus Global Politics

Iran Nuclear Agreement Will Refocus Global Politics

US president, Barack Obama, used the word “historic” to describe the framework agreement with Iran at the P5+1 (or E3+3) discussions in Lausanne, as Iranians took to the streets of Tehran to celebrate what the view as an agreement to end the sanctions.

EU Capitals Try to Downplay Tsipras Visit to Moscow

EU Capitals Try to Downplay Tsipras Visit to Moscow

Athens' flirting with Moscow has caused anger and stupefactionamong Greece's European allies, particularly after the government, on its first day in office, issued a public rebuke to the EU over a joint statement regarding sanctions on Russia.

Greece Wants Russia Tit-for-Tat: Gas Price Break for Pipeline Join

Greece Wants Russia Tit-for-Tat: Gas Price Break for Pipeline Join

A discount on Russia gas deliveries to Greece is “the most tangible result” in talks between Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras, during the latter’s visit to Moscow on April 8-9, a high-level source at the Syriza-led government told New Europe on April 7.

Romanias Hidroelectrica to Implement 1.7 Mln Euro ERP System

Romania's Hidroelectrica to Implement 1.7 Mln Euro ERP System

Romania's largest hydropower producer, state-controlled Hidroelectrica, said on Monday it will implementan Enterprise Resource Planning (ERP) system system worth 1.7 million euro ($1.9 million) thatwill increase the efficiency of the management and decision-making processes.

PM Says Serbia May Renegotiate Electricity Price Hike Deal With IMF

PM Says Serbia May Renegotiate Electricity Price Hike Deal With IMF

Serbia expects it may be possible to lower the electricity price hike agreed with the International Monetary Fund (IMF) after the country's deficit in the first quarter came in sharply below plan, local media reported on Monday, quoting Serbian prime minister Aleksandar Vucic.

Russia Vietnam Seal Energy Deals Close to Trade Pact

Russia Vietnam Seal Energy Deals Close to Trade Pact

Gazprom Neft, the oil arm of Russian gas monopoly Gazprom and the country’s fourth largest oil producer, and Vietnam’s state oil firm PetroVietnam have signed aseries ofagreements toextend their collaboration activity, boosting traditional close energy ties between the two countries.

Westinghouse Bulgaria Agree to Continue Talks on New NPP Unit

Westinghouse Bulgaria Agree to Continue Talks on New NPP Unit

US-based Westinghouse said that while the shareholder agreement with Bulgaria for construction of a new unit at the country's sole nuclear power plant (NPP) Kozloduy had expired, discussions are continuing on a new structure and timeline.