Romania's Rompetrol Rafinare Swings to Profit in Q3 Δευ, 17 Νοεμβρίου 2014 - 19:01 Romania's Rompetrol Rafinare said on Friday itturned to a net profit of$5.2million (4.2 million euro) in the thirdquarterfrom a loss of $7.7 million a year earlier,while turnover grew8.0% to $1.55 billion
Croatia's Dalekovod Managers Approve Issue of Bonds Δευ, 17 Νοεμβρίου 2014 - 18:59 Croatian power transmission equipment maker Dalekovod said on Friday its management has approved issuing corporate bonds worth 16.18 million kuna ($2.6 million/2.1 million euro) and 1.24 million euro ($1.54 million)
Romania's Transelectrica 9-Mo Net Profit Surges 130% Δευ, 17 Νοεμβρίου 2014 - 18:56 Romanian power grid operator Transelectrica said on Friday its net profit surged 130% to303 million lei ($85.3 million/68.5million euro) in the first nine months of 2014 as revenuegrew faster than costs
EU Energy Union Chief To Tackle South Stream Παρ, 14 Νοεμβρίου 2014 - 19:57 European Commission Vice-President for Energy Union Maros Sefcovic from Slovakia said the European Union plans to discuss with member states the controversial issues concerning the planned South Stream gas pipeline
Romania's OMV Petrom Invests 30 Mln Euro in Tazlau Oil Field Παρ, 14 Νοεμβρίου 2014 - 19:56 Romania's top oil and gas group, OMV Petrom, said on Thursday it will invest around 30 million euro ($37.4 million) by the end of 2015 in the development of Tazlau oil field, in the northeastern county ofBacau
Romania's Proprietatea to Sell Conpet Stake for 100 Mln Lei (22.5 Mln Euro) Παρ, 14 Νοεμβρίου 2014 - 19:53 Romania's Fondul Proprietatea said on Thursday it will sell a 23.6% stake in oil pipeline operator Conpet for 99.8 million lei ($28 million/22.5million euro) viaan accelerated bookbuild offering
Slovenia's Petrol Absorbs Retail Biomass Energy Units Παρ, 14 Νοεμβρίου 2014 - 19:50 Slovenian energy company Petrol said it absorbed two of its units, a fuel retailer, Petrol Maloprodaja Slovenija, and Ekoen Ena, a company for the production and distribution of biomass energy
EU Resolution Demands Turkey Leave Cyprus Waters Πεμ, 13 Νοεμβρίου 2014 - 19:41 European lawmakers are expected to adopt a resolution today calling for Turkey to respect the sovereignty of Cyprus and end its exploration of the island nations’ offshore natural gas fields
Serinus Energy Starts Drilling Moftinu - 1001 Well in Romania Πεμ, 13 Νοεμβρίου 2014 - 19:39 Oil and gas exploration company Serinus Energy said on Wednesday it has commenced drillingthe Moftinu-1001 exploration well in the Satu Mare concession in northwest Romania
Romania's Hidroelectrica Posts Record - High 10-Mo Profit Πεμ, 13 Νοεμβρίου 2014 - 19:37 Romanian insolventhydropower producer Hidroelectrica said on Wednesday its gross profit rose 23.6% on the year to a record-high 943 million lei ($266million/213million euro) in the first ten months of the year
Honeywell to Upgrade Two Oil Refineries of Turkey's Tupras Πεμ, 13 Νοεμβρίου 2014 - 19:34 US diversified technology and manufacturing group Honeywell said it has agreed to upgrade controls at two refineries run by Turkish oil refiner Tupras as part of a five-year service, maintenance and support contract for the two faicilities
Signs of Stress Must Not Be Ignored, IEA Warns in Its New World Energy Outlook Τετ, 12 Νοεμβρίου 2014 - 14:33 Events of the last year have increased many of the long-term uncertainties facing the global energy sector, says the International Energy Agency’s (IEA)World Energy Outlook 2014 (WEO-2014
Egypt, Greece, Cyprus, Israel Team up for Mediterranean Gas Τετ, 12 Νοεμβρίου 2014 - 14:22 Greece, Cyprus and Israel might also hold a trilateral summit soon, following the talks between the Greek, Cypriot and Egyptian leaders in Cairo on November 8
Bulgargaz Plans to Seek 2.07% Hike in Gas Prices in Q1 Τετ, 12 Νοεμβρίου 2014 - 14:21 Bulgarian gas monopoly Bulgargaz said on Tuesday it plans to propose to the country’s energy regulator to hike wholesale gas prices by 2.07% in the first quarter of 2015
Croatian LNG Terminal Project Co Seeks Legal Financial Advisor Τετ, 12 Νοεμβρίου 2014 - 14:18 LNG Hrvatska, the state-owned company set up to build and operate a liquefied natural gas (LNG) terminal on the Adriatic island of Krk, said it is seeking bids for a contract to provide it with legal and financial advisory services
Slovenia's Krsko NPP Awards Steam Generator Maintenance Deal to Croatian co Τετ, 12 Νοεμβρίου 2014 - 14:13 Slovenia's sole nuclear power plant (NPP) Krsko has awarded a contract worth over 1.0 million euro ($1.25 million) for steam generator maintenance and repair works services to Croatia’s Institute for Nuclear Technology, Inetec