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Russia to Invest $60-70 Bln in Gas Pipeline to China - Kremlin

Russia to Invest $60-70 Bln in Gas Pipeline to China - Kremlin

Πεμ, 10 Ιουλίου 2014 - 13:05

The construction of Power of Siberia gas pipeline to supply Russian gas to China is expected to begin shortly, at a cost to Russia of $60-70 billion, Kremlin Chief of Staff Sergei Ivanov said Wednesday during his visit to China.

Cyprus CSP Project of 50 MW nabs EUR 60.2m in EU funds

Cyprus CSP Project of 50 MW nabs EUR 60.2m in EU funds

Πεμ, 10 Ιουλίου 2014 - 12:16

The Eos concentrated solar power (CSP) project in Cyprus with a planned capacity of 50 MW yesterday received a EUR-60.2-million (USD 82m) grant under the European Commission’s (EC’s) NER 300 programme.

Loans Granted by Banks to Turkeys Energy Sector Have Increased by 32 Percent

Loans Granted by Banks to Turkey's Energy Sector Have Increased by 32 Percent

Πεμ, 10 Ιουλίου 2014 - 12:15

Loans granted by banks to the energy sector have increased by 32 percent in the last year, according to data published by the Banking Regulation and Supervision Agency (BDDK) yesterday. As of the end of May, the total loans taken out by the energy sector, which has become hugely important to the country's growing economy and energy needs, had increased to TL 66.7 billion.

TAP Launches New Visual Identity to Signify New Phase of the Project

TAP Launches New Visual Identity to Signify New Phase of the Project

Τρι, 8 Ιουλίου 2014 - 17:33

The Trans Adriatic Pipeline (TAP) launched a new visual identity and website signifying the next phase of the project’s development, as preparations continue to build the 870km pipeline. TAP will be an important element of the Southern Gas Corridor, strategic gas value chain, which will transport natural gas from Azerbaijan to European markets.

Lavrov Calls for Excluding South Stream from EU Third Energy Package

Lavrov Calls for Excluding South Stream from EU Third Energy Package

Τρι, 8 Ιουλίου 2014 - 12:00

Visiting Russian foreign minister Sergey Lavrov told his Bulgarian counterpart Kristian Vigenin that the South Stream pipeline should be excluded from the scope of the EU's Third Energy Package and that talks between Moscow and Brussels on the issue resume, the Sofia news Agency (Novinite.com) reported.

Greenpeace Activists Say No to Fracking in Romania

Greenpeace Activists Say No to Fracking in Romania

Τρι, 8 Ιουλίου 2014 - 11:58

Around 20 Greenpeace activists have blocked access to a shale gas exploration site in Romania, in a third attempt to scupper the drilling operations of US energy group Chevron.

Greek Wind co Eltech Anemos to Start IPO Next Week

Greek Wind co Eltech Anemos to Start IPO Next Week

Δευ, 7 Ιουλίου 2014 - 13:45

Eltech Anemos, the renewables arm of Greek construction group Ellaktor (ATH:ELLAKTOR), said today it will kick off its initial public offering (IPO) on the bourse in Athens next week, aiming to raise some EUR 6.2 million (USD 8.4m).

Westinghouse Seen Signing 3.59 Bln Euro Deal For New Unit At Bulgarian NPP

Westinghouse Seen Signing 3.59 Bln Euro Deal For New Unit At Bulgarian NPP

Παρ, 4 Ιουλίου 2014 - 15:00

U.S.-based Westinghouse Electric, controlled by the Toshiba Group, is expected to sign a 500 billion yen ($4.87 billion/3.59 billion euro) deal in the coming days to construct a nuclear reactor for Bulgaria's nuclear power plant (NPP) in Kozloduy, Japanese media reported on Thursday.