Keen to Depend Less on Russia EU Courts Algeria - Morocco Τρι, 5 Μαΐου 2015 - 18:46 Tensions with Russia is pushing Europe to start turning towards diversifying its energy sources and looking for new suppliers. That is the reason of the trip, starting today, to Algeria and Morocco, of the EU Climate & Energy CommissionerMiguel Arias Cañete.
Serbia's NIS Posts Q1 Cons Net Loss of 4.7 Bln Dinars (39 Mln Euro) Τρι, 5 Μαΐου 2015 - 17:57 Serbian oil and gas company NIS, said on Monday it recorded a consolidated net loss of 4.7 billion dinars ($43.5 million/39 million euro) in the first quarter of 2015 on the back of unfavourable macroeconomic trends.
Montenegro's EPCG to Start Talks With Skoda Praha on Construction of TPP Unit Τρι, 5 Μαΐου 2015 - 17:56 Montenegrin state-controlled power utility Elektroprivreda Crne Gore (EPCG) said that the most favourable bid for the construction of a second unit at thermal power plant (TPP) Pljevlja was filed by Skoda Praha.
Progress in Greek Talks but Big Divergences Remain Δευ, 4 Μαΐου 2015 - 19:18 A European Commission spokesman said the negotiators worked through the weekend. Talks were “constructive”, butwork remains, said Margaritas Schinas on Monday in Brussels, declining to give details.
Croatian Power Utility HEP 2014 Cons Net Profit Jumps 94% Δευ, 4 Μαΐου 2015 - 18:38 Croatian state-owned power utility Hrvatska Elektroprivreda (HEP) said on Thursday its consolidated net profit jumped 93.8% to 2.52 billion kuna ($372 million/332.9 million euro) in 2014.
EBRD Mulls Lending 152 Mln Euro to Romania's CEZ Distributie Δευ, 4 Μαΐου 2015 - 18:34 The European Bank for Reconstruction and Development (EBRD) said on Thursday itis considering providinga senior loan of675 million lei, equivalent to152 million euro ($169 million),to Romanian power distributor CEZ Distributie.
Athens - Nicosia - Cairo to Fight Terrorism Boost Shipping Tourism Energy Ties in East Med Πεμ, 30 Απριλίου 2015 - 18:23 The leaders of Greece, Cyprus and Egypt met in Nicosia on April 29 where they vowed to upgrade their economic partnership in shipping, tourism and energy in the context of their close political relations and jointly fight terrorism.
LNG Hrvatska Extends Deadline for Non-Binding Bids for LNG Krk Capacity Πεμ, 30 Απριλίου 2015 - 18:17 Croatia's LNG Hrvatska said it has extended until May 31 the deadline for non-binding bids to book capacity at the planned liquefied natural gas (LNG) terminal on the Adriatic island of Krk.
Romania's OMV Petrom Plans Lower Dividend Investments in 2015 Πεμ, 30 Απριλίου 2015 - 18:13 Romania's top oil and gas group, OMV Petrom, said on Wednesday it will pay a gross dividend of0.0112 lei ($0.0028 /0.0026 euro)per share for 2014, versus0.0308 lei per share paid a year earlier.
Brussels Αsks Romania Croatia to Fully Transpose EU Energy Efficiency Directive Πεμ, 30 Απριλίου 2015 - 18:08 The European Commission said on Wednesday ithas asked Romania, Croatia and threeother member statesto ensure the full transposition of the Energy Efficiency Directive.
Danes Energising Wind Power Τετ, 29 Απριλίου 2015 - 15:56 Twenty-four years ago Denmark built its first wind turbine. Today, this Scandinavian country is a global leader in wind power, spreading its knowhow across Europe, Asia and North America.
Bosnia's RMU Banovici Hopes to Sign TPP Construction Financing Deal in 2015 Τετ, 29 Απριλίου 2015 - 15:47 Bosnian state-controlled brown coal mine operator RMU Banovici said on Tuesday it expects to sign this year a deal with a strategic partner for the construction and financing of the 350 MW Banovici thermal power plant (TPP) project.
HEP EPS Eye Acquisitions Abroad Montenegro's EPCG Possible Target Τετ, 29 Απριλίου 2015 - 15:43 Croatian state-owned power utility HEP and its Serbian peer EPS are eyeing acquisitions abroad and Montenegrin energy firm EPCG is seen as a possible target, Zagreb-based news daily Vecernji List reported.
Market Conditions Bode Well for Croatia’s HEP IPO Plans Τετ, 29 Απριλίου 2015 - 15:40 Market conditions and risk aversion are not so gloomy as in previous years and favorable pricing and demand for a possible initial public offering (IPO) of Croatian state-owned energy utility HEP could be easily secured, a financial analyst from Raiffeisenbank Austria said.
Influx of Funding for Ukrainian SME's Τρι, 28 Απριλίου 2015 - 16:02 Stressing the need for reform in Ukraine, Commission president Jean-Claude Juncker has announced in Kiev an extra tranche of €110 million in support of SMEs in the war-torn country.
Energy Community Asks FYROM to Fully Open Power Market in Two Months Τρι, 28 Απριλίου 2015 - 15:08 The Energy Community,a Vienna-based international energy policy organisation, said on Monday it has submitted a reasoned opinion as the next step in a dispute settlement case against FYROM for its failure to open its electricity market, requesting full market liberalisation in two months.