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Romania Will Adopt a Law of Energy Efficiency

Romania Will Adopt a Law of Energy Efficiency

The Romanian Parliament will adopt a law of energy efficiency that follows the European directive regarding targets for cutting back on energy spending, according to Iulian Iancu, president of the Industry and Services Commission in the Chamber of Deputies.

IEA: 48 Trillion Dollars Needed for Energy Until 2035

IEA: 48 Trillion Dollars Needed for Energy Until 2035

Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series.

Montenegro Awards Ten Small Hydro Power Plants Concessions

Montenegro Awards Ten Small Hydro Power Plants Concessions

Montenegro’s Economy Minister Vladimir Kavarić awarded concessions agreements for the construction of ten small hydro power plants on six watercourses in Montenegro to representatives of the following five consortiums:

Petroceltic Intl to Abandon Offshore Well in Romania

Petroceltic Intl to Abandon Offshore Well in Romania

Irish oil and gas company Petroceltic International said on Friday it will abandon an offshore exploration well in Romania after it failed to encounter commercial quantities of hydrocarbons.

IENE’s «8th SE Europe Energy Dialogue» to Focus on the New Energy Mix

IENE’s «8th SE Europe Energy Dialogue» to Focus on the New Energy Mix

As the date for IENE’s "8th SE Europe Energy Dialogue” (June 11 - 12, 2014) approaches, speakers from all over SE Europe have confirmed their participation thus ensuring once again the Energy Dialogue’s truly regional dimension. IENE’s Energy Dialogue will bring together in Thessaloniki (Makedonia Palace Hotel) some of the most prominent professionals, analysts, academics etc. of the energy sector of SE Europe and beyond. This year’s Energy Dialogue meeting, will focus on “The New Energy Mix”, which gradually emerges in SE Europe and beyond

Terna Energy: Increased Sales at Q1

Terna Energy: Increased Sales at Q1

According to the financial statements of 31/03/2014, which were prepared in accordance with the International Financial Reporting Standards, the results for the 1st quarter of 2014 of TERNA ENERGY are as follows:

Greece’s DESFA Completes Reverse Flow Works on IGB Pipeline

Greece’s DESFA Completes Reverse Flow Works on IGB Pipeline

Greek natural gas transmission system operator DESFA has completed the first phase of the works for the second upgrade of the border metering station in Sidirokastro, part of the Gas Interconnector Greece-Bulgaria (IGB Pipeline), enabling natural gas exports towards Bulgaria, the company said.

Romania: ANRE Expects 2,000MW of Renewables This Year

Romania: ANRE Expects 2,000MW of Renewables This Year

The energy regulator ANRE expects another 2,000MW of installed capacities in the renewable sector to be rolled out this year, adding to the existing 4,000MW, said Ciprian Glodeanu, partner at law firm WolfTheiss during the launch of its fifth Renewable Energy Guide.

Chevron Exiting Bulgaria

Chevron Exiting Bulgaria

U.S. energy group Chevron is exiting the Bulgarian market, local media reported on Wednesday. In the past years the group had no operation in Bulgaria, business newspaper Capital Daily reported, quoting unnamed sources.