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Romanian Antitrust Body Fines Four Drilling Cos for Rigging Romgaz Tenders

Τετ, 28 Ιανουαρίου 2015 - 15:10

Romania's competition council said on Tuesday it has fined four local drilling companies a combined 13 million lei ($3.3 million/2.9 million euro) for agreeing beforehand on bids to be placed in tenders organised by state-controlled natural gas producer Romgaz.

Bosnia's EPBiH Plans to Raise Electricity Output by 3.3% in 2015

Τετ, 28 Ιανουαρίου 2015 - 15:06

Bosnian state-controlled power utility Elektroprivreda BiH [SAJ:JPESR] said on Tuesday it plans to raise electricity output by 3.3% to 7,651 GWh in 2015, mostly due to expected shorter downtime at its thermal power plants for regular overhauls.

The New Greece and NATO’s World of Warcraft

Τρι, 27 Ιανουαρίου 2015 - 17:58

The crash of a GreekF-16military aircraft in Spain on Monday, on the very day of the inauguration of the new Greek prime minister, leader of the radical left Alexis Tsipras, could seem like abad omen for Greece’s status in NATO.

Azerbaijan EU Step Up Southern Gas Corridor Efforts

Τρι, 27 Ιανουαρίου 2015 - 17:47

On February 12, the first meeting of the advisory council for the Southern Gas Corridor will be held in Baku, Azerbaijan, an important alterative supplier for the EU, the head of Azerbaijan’s Mission to the EU told New Europe.

Lukoil Srbija Invites Bids for Sale/Lease of Nine Filling Stations

Τρι, 27 Ιανουαρίου 2015 - 17:32

Fuel retailer Lukoil Srbija has invited bids for the sale or lease of nine of its filling stations.

Serbia's NIS Fails to Complete Well Drilling Program Agreed With Falcon Oil&Gas

Τρι, 27 Ιανουαρίου 2015 - 17:29

Falcon Oil&Gas said on Monday the extension granted to its partner, Novi Sad-based oil and gas company NIS, regarding a three-well drilling and testing programme in Hungary has expired with the Serbian firm failing to fulfil its commitments.

Slovenia's 2014 Electricity Consumption Falls 2%

Τρι, 27 Ιανουαρίου 2015 - 17:26

Slovenia's electricity consumption declined by 2.0% in 2014, the country's statistics office said on Monday.

Montenegro's EPCG Ready to Start Construction of TPP Pljevlja Unit Without Partner

Δευ, 26 Ιανουαρίου 2015 - 17:27

Montenegrin state-controlled power utility EPCG is ready to start the construction of a second unit at thermal power plant (TPP) Pljevlja even if it fails to find a partner by the end of March as planned, deputy prime minister Vujica Lazovic said on Friday.

Power Demand in Romania Seen Almost Flat by 2025

Δευ, 26 Ιανουαρίου 2015 - 17:25

Electricity demand in Romania is expected to grow byless than 1% per year until 2025, unless the government takes aproactive approach to encourageconsumption, a study byglobal consultancy A.T. Kearney has indicated.

Nine Apply to Build PV Plants in Bosnia's Federation - Two Eye SHPP Building Permits

Δευ, 26 Ιανουαρίου 2015 - 17:23

Nine companies have applied to obtain construction permits for as many photovoltaic (PV) power plants and two have applied to build small hydro power plants in Bosnia’s Muslim-Croat Federation, the entity's energy ministry said on Friday.

The DNA of Voting Greeks - A Parable

Δευ, 26 Ιανουαρίου 2015 - 17:20

I am Greek. To be Greek it is not an ethnicity, it is not a nationality and it is not even a profession. To be Greek is a state of mind and it is a full-time job.

Juncker Welcomes Tsipras - Looks Forward to Working with Him

Δευ, 26 Ιανουαρίου 2015 - 17:10

The European Commission president has congratulated Alexis Tsiprason his election win, on his and the institution's behalf and says he looks forward to working with him.

Losers in Athens and in Brussels

Δευ, 26 Ιανουαρίου 2015 - 17:00

Anti-bailout and anti-austerity forces in Greece and , indeed, across Europe have certainly every reason to rejoice after the results of yesterday's snap election.

Beset by Low Oil Prices the Kashagan Saga Continues

Δευ, 26 Ιανουαρίου 2015 - 16:56

Speaking about the current fall in oil prices, it would not be fair not to tell about the fate of Kashagan (North-Caspian project) which is the main trump project of Kazakhstan.

Romanian Power Distributor Electrica Sues Energy Regulator

Παρ, 23 Ιανουαρίου 2015 - 16:00

Romanian power distributor and supplier Electrica, said it has filed several legal actions seeking the annulment of certain decisions of local energy regulator, ANRE.

Romania's Hidroelectrica 2014 Gross Profit Up 33% to Record High

Παρ, 23 Ιανουαρίου 2015 - 15:56

Romanian insolvent hydropower producer Hidroelectrica posted a record-high preliminary gross profit of 1.2 billion lei ($309 million/267 million euro) in 2014, in line with its target, the company said.