English Edition

Romania Jan Avg Net Wage Falls 7.2% M/M in Real Terms

Τετ, 11 Μαρτίου 2015 - 18:52

The average net monthly salary in Romania fell by 7.2% on the monthin real terms to 1,740 lei ($422/392euro) in January, the country's statistics board, INS, said on Tuesday.

Greece Rebuffed by EU Creditors: Stop Wasting Time

Τρι, 10 Μαρτίου 2015 - 19:26

Greece's European creditors told Athens to stop wasting time and flesh out starting Wednesday its proposals for economic reforms, which are crucial to releasing vital funds to assure financial survival.

Romania's Day-Ahead Power Sales Volume Up 21.5% Y/Y in Feb

Τρι, 10 Μαρτίου 2015 - 19:01

The volume of electricity sold on Romania's day-ahead market grew by 21.5% on the year to 1.89 million MWhin February, while prices rose by an annual 17% in euro, the country's power market operator, OPCOM, said on Monday.

Romania Oct Gas Consumption Almost fFat Y/Y

Τρι, 10 Μαρτίου 2015 - 18:58

Natural gas consumption in Romania edged upto 10.11million megawatt-hours (MWh) in October 2014 from 10.09 millionMWh a yearearlier, but was significantlyhigher on the month, figures from the country's energy regulator, ANRE, showed on Monday.

Bankers Petroleum End-2014 Oil Reserves in Albania Fall to 125 Mln Barrels

Τρι, 10 Μαρτίου 2015 - 18:56

Canadian company Bankers Petroleum said its proved reserves in the Patos-Marinza and Kucova oilfields in Albania amounted to 125 million barrels at the end of 2014, down by 15% from a year earlier.

The Lazarus Pipeline: Borisov Hopes to Bring Nabucco Back to Life

Δευ, 9 Μαρτίου 2015 - 18:16

Bulgarian Prime Minister Boyko Borisov said the Balkan country will ask the European Commission to revive the Nabucco-West gas pipeline project on its territory.

Greece the Eurogroup and the Impasse

Δευ, 9 Μαρτίου 2015 - 18:11

One and a half months after the Greek election on the 25th of January, the Greek government has a clear understanding of its problem. WhenSyriza won the election, it had no idea of the cash flow problem the country would be shortly facing. Now it does.

Energoprojekt Unit Gets $12 Mln Rail Project Deal in Serbia

Δευ, 9 Μαρτίου 2015 - 17:12

Serbia’s Energoprojekt Holding, said on Friday that one of its units has landed a $12 million (10.9 million euro) contract in Serbia.

Croatia's Dalekovod Gets 7 Mln Euro Deal in Norway

Δευ, 9 Μαρτίου 2015 - 17:08

Croatian power transmission equipment maker Dalekovod, said on Friday it has signed a 7 million euro ($7.7 million) deal with Norwegian company BKK NET.

Kashagan To Resume Oil Production After Pipe Replacement

Παρ, 6 Μαρτίου 2015 - 15:15

Despite setbacks with launch of oil production at Kashagan, the government of Kazakhstan is optimistic that the project will work and will significantly increase oil production.

Slovenia's Krsko NPP Awards 22.9 Mln Euro Deal to Spain's Tecnatom

Παρ, 6 Μαρτίου 2015 - 15:08

Slovenia's sole nuclear power plant (NPP) Krsko has awarded a 22.9 million euro ($25.5 million) contract for nuclear safety services to Spanish engineering company Tecnatom, a notice in the European Union’s procurement journal showed on Thursday.

Bulgarian Regulator Licenses Czech co Repower Trading Ceska Republika as Electricity Trader

Παρ, 6 Μαρτίου 2015 - 15:05

The Bulgarian energy regulator said it has granted Czech company Repower Trading Ceska Republika a ten-year electricity trading licence.

Bulgaria to Ask EU to Revive Nabucco Gas Project - PM

Πεμ, 5 Μαρτίου 2015 - 16:48

Bulgaria will ask the European Commission to revive the Nabucco gas pipeline project, and more specifically the TANAP and Nabucco - West on its territory, prime minister Boyko Borisov said on Wednesday.

MOL Plans $162 Mln in Organic CAPEX in Croatia in 2015

Πεμ, 5 Μαρτίου 2015 - 16:45

Hungarian oil and gas group MOL said it plans organic capital expenditures of $162 million (145.6 million euro) in Croatia in 2015.

Pipeline Across the Adriatic Sea Gains Momentum

Πεμ, 5 Μαρτίου 2015 - 15:33

ATHENS - The consortium planning a new natural gas pipeline for the European market across Greece, Albania and the Adriatic Sea to Italy said contractors are invited to bid on offshore construction work.

No Diabolical Plan Against Greece Says Juncker

Πεμ, 5 Μαρτίου 2015 - 15:23

"There has been no diabolical plan of Spain and Portugal to derail the Greek government”, said European Commission president, Jean Claude Juncker, according to the Spanish newspaper, El Pais.