English Edition

TAP Awards Ball Valves Contract

TAP Awards Ball Valves Contract

Trans Adriatic Pipeline AG (TAP) has awarded its second large contract to RMA for the supply of large diameter ball valves and actuators.These elements are a critical part of the pipeline and will be installed by the onshore Engineering Pipeline Construction contractor(s) that TAP selects in Greece, Italy and Albania

Bulgarias Energy Watchdog to Go On with Power Price Hike

Bulgaria's Energy Watchdog to Go On with Power Price Hike

Energy regulator KEVR's head Ivan Ivanov has said that his agency will not backtrack on plans to increase power prices for industrial consumers by up to 20%. "Until now [household and industrial] consumers were not put on an equal footing, since businesses and the free market paid two times less than household users

Greek Referendum: A Decisive Win for «No» to More Austerity

Greek Referendum: A Decisive Win for «No» to More Austerity

Greece lurched into uncharted territory and an uncertain future in Europe's common currency Sunday after voters overwhelmingly rejected demands by international creditors for more austerity measures in exchange for a bailout of its bankrupt economy

The Iran Nuclear Deal Has a Chance

The Iran Nuclear Deal Has a Chance

Vienna. On Friday, the talks between Iran, the United States, Germany, France, Russia and China are entering what is considered the climax of a week-long negotiation process.

Guy Verhofstadt: Yes Better Together!

Guy Verhofstadt: Yes Better Together!

ALDE Group leader Guy Verhofstadtstarts a social media campaign to show the Greek people that the European Liberals and Democrats firmly believe that Greece and the rest of Europe belong together. Verhofstadt believes only united can we find a solution with the Greek people.

EU Hopes to Resolve New Gas Spat Between Russia - Ukraine

EU Hopes to Resolve New Gas Spat Between Russia - Ukraine

On July 1, Kiev said it would stop buying Russian gas and Moscow said it halted shipments to Ukraine, after the expiry of an interim agreement on gas supplies and prices between Russian gas monopoly Gazprom and Ukraine’s national joint stock company Naftogaz.

Vienna Talks Weigh on Balance of Power in Tehran

Vienna Talks Weigh on Balance of Power in Tehran

On Tuesday, Iran’s Foreign Minister, Muhammad Javad Zarif, departed from Tehran to Vienna along with the Director of the Islamic Republic’s nuclear program, Ali Akbar Salehi, and Hossein Fereydoon, the brother and aide of the President Hassan Rouhani. Initially, he had been expected to return on Monday.

MOL Rejects Proposed Date for New Round of INA Talks with Croatia

MOL Rejects Proposed Date for New Round of INA Talks with Croatia

Hungary's MOL has rejected the proposed date for a new round of talks with the Croatian government over the joint management of Zagreb-based oil and gas company INA [ZSE:INA-R-A], the Adriatic country's finance ministry said on Monday.

Vienna is Not Looking Good for Tehran

Vienna is Not Looking Good for Tehran

Optimism is not abundant and no one will be wishing the US Secretary of State, John Kerry, to “break a leg.” Confirming a statement by Iran’s Forein Minister, Javad Zerif, on Monday, the US Secretary of State admitted on Thursday that a nuclear deal may not be wrapped up by June 30thas initially envisaged.

Serbias Energy Regulator Oks Gas Tariff Cut as of July 1

Serbia's Energy Regulator Oks Gas Tariff Cut as of July 1

Serbia's energy regulator, AERS, said on Friday it has approved as of July 1 a cut in household gas tariffs by an average of 10.5% and by an average of 11.2% for end-consumers eligible to get their gas from public suppliers.

Bosnia Records 5-Mo Power Exports of 76.6 Mln Euro

Bosnia Records 5-Mo Power Exports of 76.6 Mln Euro

Bosnia exported 149.8 million marka ($85.8 million/76.6 million euro) worth of electricity in the first five months of 2015, a decrease of 0.1% on the year, official statistics showed.

Greece - Bulgaria Pipe to Break Gazprom Monopoly

Greece - Bulgaria Pipe to Break Gazprom Monopoly

Implementing an agreement to construct a gas interconnector betweenBulgariaandGreece, whichis likely to be signed in early July, is important for the energy security of Southeast Europe, Bulgaria’s Foreign Minister Daniel Mitov told New Europe in an interview.