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Slovenia’s TPP Brestanica Calls Tender to Procure Gas Turbines

Slovenia’s TPP Brestanica Calls Tender to Procure Gas Turbines

Πεμ, 22 Ιανουαρίου 2015 - 15:58

Slovenian thermal power plant (TPP) Brestanica has called a tender for the procurement of two gas turbines with capacity of 40-70 MW, a notice in the European Union’s procurement journalindicated on Wednesday.

As Elections Loom Greece Wants To Be EU’s Energy Catalyst

As Elections Loom Greece Wants To Be EU’s Energy Catalyst

Τετ, 21 Ιανουαρίου 2015 - 18:48

As Greece prepares for crucial vote on January 25 which could put radical leftwing Syriza into power, the Mediterranean country is pursuing a number of energy projects that could boost the energy security of the Balkans and the whole European Union.

Moody’s Downgrades Gazprom

Moody’s Downgrades Gazprom

Τετ, 21 Ιανουαρίου 2015 - 18:43

On January 20, Moody’s Investors Service has downgraded Russian gas monopoly Gazprom’s foreign-currency ratings to Baa3 from Baa2 and local-currency ratings to Baa2 from Baa1.

Romanias Hidroelectrica to Put 33 Microhydro Plants Up for Sale

Romania's Hidroelectrica to Put 33 Microhydro Plants Up for Sale

Τετ, 21 Ιανουαρίου 2015 - 18:35

Romanian insolventhydropower producer Hidroelectrica will put 33 micro-hydropower plants up for sale at a combinedstarting price of 84.7 million lei ($21.8 million/18.8 million euro) in February, local media has reported.

Bulgaria Plans to Award Offshore Oil Gas Exploration Contract by End - Aug

Bulgaria Plans to Award Offshore Oil Gas Exploration Contract by End - Aug

Τετ, 21 Ιανουαρίου 2015 - 18:33

Bulgaria expects to select a contractor for oil and natural gas exploration in blocks 1-14 Silistar and 1-22 Teres in the continental shelf and the country's exclusive economic zone in the Black Sea by the end of August, the chairman of the parliamentary energy committee said on Tuesday.

Oil Price Drop Takes Its Toll on Kazakhstan

Oil Price Drop Takes Its Toll on Kazakhstan

Τρι, 20 Ιανουαρίου 2015 - 17:49

With the lion’s share of Kazakhstan’s budget formed from the crude oil sales, the current plunge of crude oil prices may result in a shortage of petroleum products, experts say. They also predict a general decrease of production over the year and the bankruptcy of smaller oil producing companies.

EY Partners Offer Best Pricing Terms in Croatian LNG Advisory Tender

EY Partners Offer Best Pricing Terms in Croatian LNG Advisory Tender

Τρι, 20 Ιανουαρίου 2015 - 16:44

An alliance led by Ernst & Young has offered the best pricing terms to provide advisory services on the planned project for a liquefied natural gas (LNG) terminal on the Croatian Adriatic island of Krk, local media reported on Monday.

Norwegian Firm to Advise Montenegro in Oil - Gas Tender

Norwegian Firm to Advise Montenegro in Oil - Gas Tender

Τρι, 20 Ιανουαρίου 2015 - 16:40

The Montenegrin economy ministry said it has signed a contract with Norway's Advokatfirmaet Simonsen Vogt Wiig for consulting services in the negotiating process for the award of a concession for offshore hydrocarbons production.

Bottom Drops Out of Russian Oil Barrel

Bottom Drops Out of Russian Oil Barrel

Δευ, 19 Ιανουαρίου 2015 - 19:01

Bracing for an even more dramatic decline in oil prices that has slowed down the Russian economy and weakened the ruble, the Bank of Russia will include a “stress scenario,” assuming global oil prices at $40 per barrel, in its revised forecast of the economic situation in the country.

Terror Looming in the Capital of Europe

Terror Looming in the Capital of Europe

Παρ, 16 Ιανουαρίου 2015 - 17:05

The Belgian federal police averted a major terrorist attack in the European capital. High ranking European officials in Brusselspraised the work of the Belgian authorities in the matter. Earlier today, the Commission’s Spokesman stated that the Belgian terrorist events do not concern the European Commission.