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Bosnia’s Q1 Net Electricity Output Edges Down 0.8% Y/Y

Πεμ, 28 Μαΐου 2015 - 16:15

Bosnia’s net electricity output ticked down 0.8% on the year to4,192 GWh in the first quarter of 2015, the country's statistics office said.

New Silk Road to Boost Asian Oil and Gas Development

Τετ, 27 Μαΐου 2015 - 16:23

Astana’s new initiative to realise such a great infrastructural project as the New Silk Road taking into consideration the economical and geopolitical conditions may become an excellent impulse for development of oil and gas infrastructure in Asian region, said Matthew J Sagers, a leading expert on power industry of the Caspian region.

Iran Denies Helping Iraq Battle ISIS for Oil Refinery

Τετ, 27 Μαΐου 2015 - 16:13

Iran denied allegations that Iranian forces were fighting in Iraq to regain control over the Beiji oil refinery. “We have sent no military forces to Iraq,” Iran’s deputy Foreign Minister Hossein Amir Abdollahian said on May 25 from Moscow.

Fintel Energia Signs Non-Binding Deal With Erste Bank for Wind Project in Serbia

Τετ, 27 Μαΐου 2015 - 16:06

Italy's Fintel Energia Group said on Tuesday it has signed with Erste Bank a non-binding term-sheet for the financing of the 9.9 MW Kosava 2 wind farm in the northern Serbian town of Vrsac.

Serbia to Cut Gas Tariffs by Around 5% as of June 1

Τετ, 27 Μαΐου 2015 - 16:04

Serbia's energy regulator, AERS, said on Tuesday it will cut gas prices by around 5% as of June 1.

Germany's KfW to Lend 48 Mln Euro for Renewable Energy Projects in Bosnia

Τετ, 27 Μαΐου 2015 - 16:00

Bosnia and Germany signed on Tuesday an agreement on financial assistance that will open the way for German bank KfW to lend 48 million euro ($52.4 million) for renewable energy projects in Bosnia, the German embassy in Sarajevo said.

Botas Ex-CEO Says Putin΄s Turkish Stream Will Beat EU’s Pipeline

Τρι, 26 Μαΐου 2015 - 18:37

Russian President Vladimir Putin wants to show Europe that he can complete the Gazprom-backed Turkish Stream pipeline before the EU wraps up the Southern Gas Corridor, an Ex-CEO of Turkey’s Botas told New Europe.

Germany Unexpectedly 0ptimistic on Greece

Τρι, 26 Μαΐου 2015 - 18:28

European shares fell Tuesday as markets reopened after holidays in several countries, as concerns overGreece’sdebt crisis overshadowed news from China of support for new infrastructure projects.

UK Energy Firm Suspends Ukraine License to Drill

Δευ, 25 Μαΐου 2015 - 19:27

UK - based energy firm JKX Energy, which is leading shale exploration and production in Ukraine, said it was granted more areas for work in the former Soviet republic, though the cost of business was still prohibitive to drilling.

Uzbekistan Energises Relations with EU

Δευ, 25 Μαΐου 2015 - 14:56

Uzbekistan and the European Union are discussing the possibility of establishing energy alliances. The matter was discussed by Uzbek Foreign Minister Abdulaziz Kamilov and Marosh Shefchovich, the vice-president of the European Commission, on May 18.

Gazprom Neft Ups Production Thanks to Arctic Iraq

Δευ, 25 Μαΐου 2015 - 14:56

Despite falling oil prices and Western sanctions against Russia over Ukraine, Gazprom Neft, the oil arm of the Russian gas monopoly, said on May 19 that crude oil production increased year-on-year, largely from the development of Arctic and Iraqi assets.

Romania's Romgaz Targets Rise in Profit Investments in 2015

Παρ, 22 Μαΐου 2015 - 18:52

Romanian natural gas producer Romgaz,targets anet profit of1.51 billion lei ($378 million/340 million euro)this year, when it plansinvestments worth 1.3 billion lei, the company said on Thursday.

Croatia's HEP Wins 12 Mln Euro Deal to Supply Electricity to Ljubljana

Παρ, 22 Μαΐου 2015 - 18:50

Croatian energy utility HEP said on Thursday it has signed acontract worth 12 million euro ($13.4 million)to supply the Slovenian capital Ljubljana with electricity.

Serbia's ERS Signs June Electricity Surplus Sale Contracts With Slovenia's Gen-I Unit

Παρ, 22 Μαΐου 2015 - 18:46

Bosnian power utility Elektroprivreda Republike Srpske (ERS) said on Thursday it signed contracts for the sale of a total of 43,200 MWh of surplus electricity available for delivery in June with the local unit of Slovenian electricity and gas trading group Gen-I.

Europe΄s Οil Giants Will Create a Think Tank on Climate Change Policy

Πεμ, 21 Μαΐου 2015 - 19:50

The biggest oil companies in Europe will form a new industry body or a think tank to influence the climate change policies promoted by the international community.

EU Backs Greek Energy Plans Investment Hopes

Πεμ, 21 Μαΐου 2015 - 19:44

EU Regional-policyCommissioner Corina Cretusaid she hoped that Greece would recover and enter a path of growth and development in order to create new opportunities and jobs, including in the energy sector.