OMV Petrom Hunt Oil Discover New Oil - Gas Field in Romania Πεμ, 18 Δεκεμβρίου 2014 - 17:03 Romanian oil and gas groupOMV Petrom [BSE:SNP] said on Wednesday it has discovered anew oil and gas field in the southeastern county ofBuzauin partnership with Hunt Oil Company of Romania, following investments worth 5.0 million euro
Serbia Set to Sign Funding Deal with China's Ex-Im Bank for 350 MW Kostolac Unit Πεμ, 18 Δεκεμβρίου 2014 - 17:02 Serbia is set to sign with China's Ex-Im Bank later on Wednesday a deal for the financing of the construction of a 350 megawatt (MW) unit at state-owned coal miner and thermal power producer TE-KO Kostolac
Turkey's Ozbal Celik Ufuk Boru Win $12.7 Mln Pipe Supply Deal From Botas Πεμ, 18 Δεκεμβρίου 2014 - 17:00 Turkish steel pipe maker Ozbal Celik Boru Sanayi Ticaret ve Taahhut said it has won a $12.7 million (10.2 million euro) contract for pipe supply as part of a consortium with local peer Ufuk Boru Sanayi ve Tic
Shell Turkey's TPAO in Joint Oil Gas Black Sea Exploration in 2015 Τετ, 17 Δεκεμβρίου 2014 - 15:56 Shell Upstream Turkey, the Turkish arm of Anglo-Dutch energy group Shell, and Turkish state-owned oil and gas firm Turkish Petroleum Corp (TPAO) will jointly carry out oil and gas explorations in the western Black Sea in 2015, local media reported
Albania to Kosovo Power Transmission Line Seen Ready by Spring 2016 Τετ, 17 Δεκεμβρίου 2014 - 15:54 The construction of a power transmissionline linking Albania to Kosovo is expected to be complete by the spring of 2016, Albania's energy minister Damian Gjiknuri said
Total E&P Bulgaria Cancels Offshore Well Drilling Tender in Black Sea Τετ, 17 Δεκεμβρίου 2014 - 15:51 Total E&P Bulgaria, the Bulgarian unit of France’s Total, has cancelled a procedure for selecting a contractor for offshore drilling services for two wells at Bulgaria’s 1-21 Han-Asparuh offshore exploration bloc
Merkel Calls Putin Over Ukraine Amid Ruble Plunge Τετ, 17 Δεκεμβρίου 2014 - 15:46 German Chancellor Angela Merkel has called Russian President Vladimir Putin to discuss possible steps to secure a comprehensive cease-fire in eastern Ukraine
Norway 'Burnt' Foreign Investors - Large Investor Accuses Goverment of Protecting The National Oil Company Τετ, 17 Δεκεμβρίου 2014 - 15:03 Α large investor has accused the Norwegian government of intentionally "burning" foreign investors while protecting Statoil, the largely state-owned national oil company
EU Ready to Negotiate Association Agreements with Andorra Monaco and San Marino Τρι, 16 Δεκεμβρίου 2014 - 16:00 Today the Council adopted a decision authorising the opening of negotiations on one or several association agreement(s) between the EU and the Principality of Andorra, the Principality of Monaco and the Republic of San Marino
Turkish Oil Refiner Tupras Opens $3.0 Bln Fuel Oil Conversion Facility Τρι, 16 Δεκεμβρίου 2014 - 15:50 Turkish oil refiner Tupras inaugurated a $3.0 billion (2.4 billion euro) fuel oil conversion facility at its refinery in the western Turkish city of Izmit, the company said on Monday
Hydropower Romania's Hidroelectrica Targets 1.2 Bln Lei (268 Mln Euro) Profit in 2014 Τρι, 16 Δεκεμβρίου 2014 - 15:48 Romanian insolventhydropower producer Hidroelectrica said on Monday it expects to post a record-high profit of1.2billion lei ($333million/268 million euro) this year on a turnover of 3.3 billion lei
Serbia's EPS Invites Bids for Metering Distribution Project Τρι, 16 Δεκεμβρίου 2014 - 15:45 Serbian state-owned power utility EPS has invited bids for the procurement of IT and metering infrastructure, devices and integration services, the European Bank for Reconstruction and Development (EBRD) said on Monday
Greek General to be New Chairman of the EU Military Committee Δευ, 15 Δεκεμβρίου 2014 - 18:20 The Council today appointed General Mikhail Kostarakos as next Chairman of the EU Military Committee
CEO of Turkey's 1st Nuclear Power Plant Says Can Cut Deficit 10% Δευ, 15 Δεκεμβρίου 2014 - 18:12 Turkey's first planned nuclear power plant, Akkuyu, canhelp the country reduce its balance of payment deficit by 10%, according to the project's CEO, quoted in Turkish media on Friday
Montenegro Inks 20 Mln Euro Loan Deal with Germany's KfW for Energy Efficiency Δευ, 15 Δεκεμβρίου 2014 - 18:06 Montenegro's finance ministry said on Friday it signed a 20 million euro ($25 million) loan agreement with Germany’s KfW bank to finance the second stage of a project for energy efficiency in public buildings
Turkey to Provide Iraq with Electricity Δευ, 15 Δεκεμβρίου 2014 - 18:01 Turkey will establish a plant in Iraq which will work with capacity of 3,000 megawatts of electricity, said Turkish energy minister Taner Yıldız, as reported in Turkish media on Friday.