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Romanian Court Rejects Rompetrol SA Insolvency Request

Τετ, 10 Ιουνίου 2015 - 17:01

A Bucharest court on Tuesday rejected a request for insolvency filed by local company Rompetrol SA, part of the Netherlands-based oil and gasgroupKMG International.

Russia Accounted for 10% of Global Energy Production in 2014 — BP

Τετ, 10 Ιουνίου 2015 - 15:08

Russia provided 10% of global energy resources in 2014, BP oil major said in its Statistical Review of World Energy on Wednesday.

Russia's Gazprom Not Yet Holding Negotiations on Eastring Project — Deputy CEO

Τετ, 10 Ιουνίου 2015 - 14:42

Gazprom is not yet holding negotiations on Eastring project and has only familiarized itself with it, Deputy Chief Executive Officer of the gas holding Alexander Medvedev said on Tuesday.

Putin - Erdogan May Discuss Turkish Stream in Baku — Kremlin

Τετ, 10 Ιουνίου 2015 - 14:40

The Russian and Turkish presidents, Vladimir Putin and Recep Tayyip Erdogan, may discuss the construction of the Turkish Stream natural gas pipeline during the meeting in Azerbaijan’s capital Baku on June 13, Kremlin spokesman Dmitry Peskov said on Tuesday.

Albania Announces the Delay of Bidding for Onshore Blocks

Τρι, 9 Ιουνίου 2015 - 15:49

Albania delayed by a month to mid-July the bidding for companies keen to explore for oil and gas on five onshore blocks and indefinitely for two offshore blocks, officials said on Monday

Gazprom: First Line of Turkish Stream May Cost €3.3 Billion

Τρι, 9 Ιουνίου 2015 - 15:13

The first line of the Turkish Stream natural gas pipeline project may provisionally cost 3.3 bln euro, Deputy Chief Executive Officer of the gas holding Alexander Medvedev said on Tuesday.

Low on Coal - High in Carbon - Czech Republic Sees Nuclear Answer

Δευ, 8 Ιουνίου 2015 - 17:32

Nuclear energy is important for the Czech Republic’s energy security and reducing CO2 emissions, Deputy Industry Minister Pavel Solc told New Europe.

Russia Wants New Hand in Iran Nuclear Facility When Sanctions Lift

Δευ, 8 Ιουνίου 2015 - 17:32

Russia hopes that if a nuclear deal is reached after ongoing negotiations between the West and Tehran, Moscow will boost nuclear power plant construction in Iran, integrated company NIAP-ASE-AEP Director Valery Limarenko said on June 2 in Moscow.

Montenegro's Jugopetrol to Pay Gross Dividend of 0.86 Euro/Share

Δευ, 8 Ιουνίου 2015 - 16:57

Montenegrin oil products distributor Jugopetrol, said it will pay a gross dividend of 0.86 euro ($0.95) per share.

Serbia's TE-KO Kostolac 5-Mo Electricity Output at 2.69 Mln MWh

Δευ, 8 Ιουνίου 2015 - 16:55

Serbian coal miner and thermal power producer TE-KO Kostolac said its electricity output reached 2.69 million megawatt-hours (MWh) over the five months through May.

Bosnia's EPBiH Q1 Net Profit at 5.4 Mln Euro Output at 1,845 GWh

Δευ, 8 Ιουνίου 2015 - 16:53

Bosnian power utility Elektroprivreda BiH [SAJ:JPESR] said on Friday it posted a net profit of 10.6 million marka ($6.1 million/5.4 million euro) in the first quarter of 2015.

Tsipras and Putin Discussed Turkish Stream - Agreed to Meet at SPIEF — Kremlin

Παρ, 5 Ιουνίου 2015 - 18:19

Russian President Vladimir Putin had a phone conversation with Prime Minister of Greece Alexis Tsipras, the press service of the Kremlin said on Friday.

OPEC’s Strategy Talks Overshadowed by Saudi Arabia’s War in Yemen

Παρ, 5 Ιουνίου 2015 - 18:06

All eyes are on the ministers from the Organisation of the Petroleum Exporting Countries (OPEC), who are scheduled to meet in Vienna on June 5. According to the UK’s Business Insider, it remains to be seen whether Saudi Arabia’s war in Yemen will change their entire strategy.