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Serbia Should Again Become an Exporter of Electricity-DPM

Serbia Should Again Become an Exporter of Electricity-DPM

Serbia's Deputy Prime Minister and Minister of Energy, Development and Environmental Protection Zorana Mihajlovic said that Serbia should again become an exporter of electricity, for which it needs to build new energy capacities.

Maniatis Meets US Ambassador on the Issue of Gas Supply

Maniatis Meets US Ambassador on the Issue of Gas Supply

Developments concerning the supply problems of Europe with natural gas because of the situation in Ukraine and the use of national hydrocarbon resources discussed at a meeting held today in Athens , the Minister of Environment Energy and Climate Change Mr. Yiannis Maniatis, with the US Ambassador Mr. David Pierce.

Croatia Eases Regulations for Renewable Energy Projects

Croatia Eases Regulations for Renewable Energy Projects

The Croatian government on Thursday amended the country's tariff regulations on the development of projects using renewable energy sources (RES) in a bid to ease the process and adapt it to the current economic environment.

Jordan Signs MOU to Buy $15b Leviathan Gas

Jordan Signs MOU to Buy $15b Leviathan Gas

The partners in the Leviathan natural gas reservoir have signed another agreement with Jordan. The new agreement is worth $15 billion, much larger than the two previous deals signed. Tel Aviv Stock Exchange (TASE) trading in the shares of the partners - Ratio Oil Exploration (1992) LP (TASE:RATI.L),Avner Oil and Gas LP (TASE:AVNR.L), and Delek Drilling Limited Partnership (TASE:DEDR.L) - was halted ahead of the news.

Romgaz Has the Largest Gas Storage Capacity in Romania

Romgaz Has the Largest Gas Storage Capacity in Romania

Romgaz Medias invested EUR 27 million in increasing gas storage capacity of its depot in Urziceni, Ialomita county, according to an announcement made on Tuesday by the company.

Ellaktor of Greece Posts 17% Lower Wind Farms Profit

Ellaktor of Greece Posts 17% Lower Wind Farms Profit

Ellaktor (ATH:ELLAKTOR), Greece's biggest construction group, on Friday said first-half 2014 net profit from its wind farms business has declined by 17.3% year-on-year to EUR 2.1 million (USD 2.8m).

Croatia and MOL Issue Joint Statement on Interim Measures Regarding INA

Croatia and MOL Issue Joint Statement on Interim Measures Regarding INA

The Hungarian oil and gas group MOL must act in the best commercial interests of INA, and in the event of any sale of its shareholding in the Croatian company it must ensure that the purchaser assumes MOL's commitments and bears the consequences of the Arbitral Tribunal's rulings, the Republic of Croatia and MOL said in a joint statement published on the Economy Ministry's website on Monday.

Gazprom Most Likely Buyer of Serbias Red Star

Gazprom Most Likely Buyer of Serbia's Red Star

Russia's Gazprom is reported to be the most likely buyer of Serbian club Crvena Zvezda FC (Red Star Belgrade). Gazprom is owner of Zenit St Petersburg (acquired in 2005) and a major sponsor of the UEFA Champions League.

Bulgarias June Power Output Rises 1.9% m/m

Bulgaria's June Power Output Rises 1.9% m/m

Production of electricity in Bulgaria rose by 1.9% on a monthly basis to 3,486 gigawatt-hours in June, the National Statistics Institute (NSI) said on Friday.

World Bank: Why Does the Energy Sector Need Water?

World Bank: Why Does the Energy Sector Need Water?

Water is needed in almost all energy generation processes, from hydropower production and energy extraction, to cooling in thermal power plants. At the same time, the water sector needs energy to extract, treat and transport water.