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Tüpraş Posts 160 pct Rise in Q2 Profit

Tüpraş Posts 160 pct Rise in Q2 Profit

Τετ, 13 Αυγούστου 2014 - 11:08

The net profit of Turkey’s sole oil refinery, Tüpraş, soared by 160 percent to 357.7 million Turkish liras ($165 million) in the second quarter, thanks to the effects of the currency rate and deferred tax revenue from the Fuel Oil Transformation project.

Turkeys 7-mo Power Output Rises 3.9%

Turkey's 7-mo Power Output Rises 3.9%

Τετ, 13 Αυγούστου 2014 - 11:03

Turkey’s electricity production rose 3.9% year-on-year to 144,107 gigawatt hours (GWh) in the seven months through July from 138,639 GWh a year earlier, the Turkish Electricity Transmission Company (TEIAS) said.

Romanias Nuclearelectrica will Set Up a New Joint Venture for Nuclear Reactors

Romania's Nuclearelectrica will Set Up a New Joint Venture for Nuclear Reactors

Τετ, 13 Αυγούστου 2014 - 09:55

Romania's state-run nuclear power producer Nuclearelectrica on Monday said it will set up a new joint venture to oversee the construction of two additional reactors at its Cernavoda plant and wants to sell off a 51 percent-interest in the future company to a private investor.

Romanias H1 Energy Output Edges Up 0.3%

Romania's H1 Energy Output Edges Up 0.3%

Τρι, 12 Αυγούστου 2014 - 10:13

Romania's energy output inched up byan annual 0.3% in the first halfof the year, while imports rose 11.6%, the statistics office, INS, said on Monday.

Half of Bulgaria Could Be Left Without Electricity for the Winter

Half of Bulgaria Could Be Left Without Electricity for the Winter

Δευ, 11 Αυγούστου 2014 - 14:20

Half Bulgaria could be left without electricity in the upcoming winter due to the huge hole in the budgets of energy companies and the lack of fresh money to invest, caretaker Economy Deputy PM Ekaterina Zaharieva hit the alarm bell in an exclusive interview for Standart.

Industries Face Risks From Climate Change

Industries Face Risks From Climate Change

Δευ, 11 Αυγούστου 2014 - 09:27

The companies we turn to every day for electricity, transportation, consumer goods, and even electronics face risks from climate change. Most need reliable water for production processes and products. Extreme weather and temperatures can hurt their productivity and damage their supply chains and assets.

Bosnias Banovici Mine Seeks Consultant for 300 MW TPP Project

Bosnia's Banovici Mine Seeks Consultant for 300 MW TPP Project

Παρ, 8 Αυγούστου 2014 - 14:09

Bosnian state-controlled brown coal mine Banovici said it is seeking a consultant to help find a strategic partner to finance and build the 300 megawatt (MW) Unit 1 of the Banovici thermal power plant (TPP).

South Stream in Bulgaria to Be Built Under European Rules

South Stream in Bulgaria to Be Built Under European Rules

Πεμ, 7 Αυγούστου 2014 - 14:47

Bulgaria needs the South Stream gas pipeline, however, it will be built according to European rules, Bulgarian vice premier for economic policy Ekaterina Zakharieva said in an interview to the BTV television channel on Thursday, Russian news agency ITAR TASS reports.

Centrgaz Expects to Build 30 km of Serbias South Stream Section by End-2014

Centrgaz Expects to Build 30 km of Serbia's South Stream Section by End-2014

Πεμ, 7 Αυγούστου 2014 - 14:45

Russia's Centrgaz, the main building contractor for the Serbian section of the South Stream gas pipeline, said it would be realistic to expect that the first 30 kilometers of pipes could be laid by the end of 2014, the press office of Serbian president Tomislav Nikolic said in a statement on Wednesday.

Mainland Greece Installs just 7.3 MW of Solar in H1 2014

Mainland Greece Installs just 7.3 MW of Solar in H1 2014

Τετ, 6 Αυγούστου 2014 - 12:15

Mainland Greece added only 7.3 MW of solar photovoltaic (PV) capacity in the first six months of 2014, as compared to 934 MW in the year-ago period, the Hellenic Transmission System Operator SA (HTSO) said on Friday.

Russias Stroytransgaz to Exit South Stream Project in Bulgaria

Russia's Stroytransgaz to Exit South Stream Project in Bulgaria

Τρι, 5 Αυγούστου 2014 - 14:47

Russia’s Stroytransgaz has asked to withdraw from the construction of the Bulgarian section of the South Stream gas pipeline, Russian media reported on Monday quoting the company’s majority shareholder, Gennady Timchenko.

Westinghouse Signs Shareholder Agreement for New Unit at Bulgarian NPP

Westinghouse Signs Shareholder Agreement for New Unit at Bulgarian NPP

Δευ, 4 Αυγούστου 2014 - 12:30

U.S.-based Westinghouse, controlled by Toshiba Group, said on Friday it has signed a shareholder agreement following consultations with all Bulgarian political parties for the construction of a new unit at Bulgaria's sole nuclear power plant (NPP) Kozloduy.