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RWE Plans to Open a Branch Office in Romania

RWE Plans to Open a Branch Office in Romania

RWE Group, the second largest energy producer in Germany, will open a branch in Romania on Thursday. To mark the occasion, the company will organise a special debate called “The Future of Energy in Romania and Europe” with invited guests on behalf of the media and local authorities. RWE is one of Europe’s five leading electricity and gas companies.

Turkish Energy Watchdog Reacts to Fuel Prices

Turkish Energy Watchdog Reacts to Fuel Prices

Turkey’s energy watchdog has reportedly threatened fuel companies with a price ceiling if they do not cut diesel prices by 4 kuruş by June 26.

Securing Energy Supplies at Affordable Prices is on the Top of EUs Agenda

Securing Energy Supplies at Affordable Prices is on the Top of EU's Agenda

Securing energy supplies at affordable prices, improving energy efficiency and reducing harmful emissions will be high on the agenda of the European Parliament for the coming months and years. These issues will also be discussed at the Council summit in Ypres and Brussels on 26-27 June during a week dedicated to sustainable energy and marked by hundreds of events throughout Europe.

Romanias Rompetrol Signs MOU to Buy 26% of Petromidia

Romania's Rompetrol Signs MOU to Buy 26% of Petromidia

Romania's Rompetrol Rafinare Constanta will pay USD 200 million to the Romanian government for a package of 26 percent of Petromidia stock. The announcement will be made in September, with the deal happening most likely in October.

Turkeys Zorlu Enerji Plans to Set Up 24.9 MW Geothermal Plant

Turkey's Zorlu Enerji Plans to Set Up 24.9 MW Geothermal Plant

Turkish energy company Zorlu Enerji [BIST:ZOREN] said on Tuesday its wholly-owned unit Zorlu Dogal Elektrik Uretim has decided to set up a 24.9 megawatt (MW) geothermal power plant in the western Turkish province of Denizli.

Bulgaria: All Electricity Tenders Should be Cancelled -Source

Bulgaria: All Electricity Tenders Should be Cancelled -Source

All electricity tenders should be cancelled and no tenders should be organized a month prior to the beginning of the new regulatory period on July 1. These urgent measures have been proposed by three Bulgarian industrial associations – the Bulgarian Federation of Industrial Energy Consumers (BFIEC), the Bulgarian Association of the Metallurgical Industry (BAMI) and the Bulgarian Industrial Association (BIA), in order to restore the state of equality between electricity export/import advantages for Bulgarian and foreign buyers.

Gazprom Aims to Make Serbias NIS an Energy Leader in the Balkan Region

Gazprom Aims to Make Serbia's NIS an Energy Leader in the Balkan Region

Russian and Gazprom officials have presented their "development and investment plans for NIS" to Serbian Minister of Mining and Energy Aleksandar Antić. This took place as Antić was meeting in Moscow with Gazprom Neft CEO Aleksandr Dyukov and Russian Minister of Energy Aleksandr Novak, Tanjug reported.

US Giant Westinghouse is Looking for BG Suppliers for Kozlodui

US Giant Westinghouse is Looking for BG Suppliers for Kozlodui

US giant Westinghouse, assigned to construct Block VII of Bulgaria's NPP Kozloduy is evaluating Bulgarian companies, which might be included in the building works of reactor production equipment, service delivery and more, Westinghouse Europe head Mike Kirst told the Bulgarian National Radio.

Turkey Plans Incentives to Encourage Energy Efficiency

Turkey Plans Incentives to Encourage Energy Efficiency

Turkey’s investment incentive scheme is being amended to encourage energy efficiency in industrial facilities. Aiming to save around TRY 15 billion (approx. USD 7 billion) a year in energy costs in the industries of iron and steel, petrochemicals and the production of cement and ceramics, the Turkish government has introduced a new set of incentives that encourage energy saving and waste heat recovery in existing manufacturing plants.

IEA: Russia’s Energy Sectors are at a Turning Point

IEA: Russia’s Energy Sectors are at a Turning Point

By attracting large investments to modernise its ageing power generation and transmission systems as well as district heating supply chain, and by dramatically improving energy efficiency in the building and industrial sectors, Russia could develop new economic growth pillars beyond the oil and gas sectors, the International Energy Agency (IEA) says in a new report.

BSTDB May Help Finance South Stream Gas Pipeline

BSTDB May Help Finance South Stream Gas Pipeline

The Black Sea Trade and Development Bank (BSTDB) may provide financing for the construction of the South Stream gas pipeline once all parties involved in the project settle the relevant issues, the bank’s president said on Friday.

EU is Blocking South Stream Partners- Novak

EU is Blocking South Stream Partners- Novak

Russian Energy Minster Alexander Novak said on Thursday some partners in the South Stream gas pipeline project had come under pressure from the European Union, Interfax news agency reported on Thursday.

The Global Green Technology Market is Expected to Double

The Global Green Technology Market is Expected to Double

The global green technology market is expected to double to a value of EUR 4.4 trillion in the next ten years. But where do traditional industry sectors find themselves in this brave new world? And how can green start-ups thrive? Styria's Green Tech Valley has shown that with some imagination and R&D, heavy industry and eager newcomers alike can find a place in the green revolution.

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

German wind turbine maker Nordex SE said on Wednesday it has received three orders to supply Turkish energy firms Sancak Enerji, Yeni Enerji and Bicakcilar Enerji with a total of 44.4 megawatts (MW) of wind turbines for their first wind projects.