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Zagreb City to Get HBOR Funds for Energy Efficiency Projects

Zagreb City to Get HBOR Funds for Energy Efficiency Projects

The Croatian government said it gave the go-ahead on Thursday to the city of Zagreb to borrow 18 million kuna ($2.8 million/2.3 million euro) from state-run development bank HBOR for energy efficiency projects.

As Hunt for the Killers Continues France Begins Day of Mourning

As Hunt for the Killers Continues France Begins Day of Mourning

Police inParis are still hunting for two heavily armed men, one with possible links to al-Qaida, in the methodical killing of 12 people at the satirical newspaper Charlie Hebdo which occurred Wednesday, January 7.

TAP Gets New Managing Director

TAP Gets New Managing Director

The Trans Adriatic Pipeline (TAP) project company said on Wednesday it had appointed Ian Bradshaw as its new managing director starting from February 1.

Foreign Investor Eyes Bulgarian NPP Project Party Official Says

Foreign Investor Eyes Bulgarian NPP Project Party Official Says

An unnamed foreign investor is interested in a project for the construction of a 2,000 megawatt nuclear power plant (NPP) in Bulgaria, local media reported on Wednesday quoting a senior official of the left-wing ABV party.

Pittella: Stop Dictating to Greece

Pittella: Stop Dictating to Greece

"European Commissioner for economic and monetary affairs Jyrki Katainen isproposing to dictate to member states, threatening to impose sanctions should theyrefuse to implement financial reforms imposed by Bruxelles:”, said on Wednesday 07 January S&D president Gianni Pittella

TransAtlantic to Resume Drilling of Albanian Well in Q1

TransAtlantic to Resume Drilling of Albanian Well in Q1

TransAtlantic Petroleum, an international oil and natural gas company with operations in Turkey, Bulgaria, and Albania, said on Tuesday it expects to resume drilling on a well in the Delvina gas field in Albania in the first quarter of 2015

Total 12.3 Mln Shares of Romanias OMV Petrom Trade on Bourse

Total 12.3 Mln Shares of Romania's OMV Petrom Trade on Bourse

A total of 12.3million shares of Romanian oil and gas group OMV Petrom, equal to a 0.02% stake, changed hands for4.7 million lei ($1.2 million/1.0 million euro) on the Bucharest bourse on Tuesday, stock exchange data showed

US Oil Prices Dip Briefly Below $50

US Oil Prices Dip Briefly Below $50

The price of oil plunged again Monday and briefly dipped below $50 a barrel for the first time in more than five years as evidence mounted that the world will be oversupplied with oil this year. Benchmark U.S. oil dipped to $49.95 before quickly rising back over $50. In early afternoon trading oil was down $2.29, or 4.3 percent, to $50.40 a barrel. In June of last year it traded above $107 a barrel

Oil Workers to Pay for Near 50% Price Fall

Oil Workers to Pay for Near 50% Price Fall

Oil prices are on course for their largest annual slide since 2008, capping another dire year for commodities, as crude fell again on Tuesday to hover at close to half its level of six months ago. Brent’s 49 per cent plummet since June — alongside a near halving of iron ore prices and sharp drops in coal and copper — has also helped drag the Bloomberg Commodity index down 15.6 per cent in 2014 to a five-year low

Slovenias Krsko NPP Awards Nuclear Safety Service Deal to Spanish Co

Slovenia's Krsko NPP Awards Nuclear Safety Service Deal to Spanish Co

Slovenia's sole nuclear power plant (NPP) Krsko has awarded a contract for a nuclear safety service project worth over 479,000 euro ($582,000) to Spanish engineering company Westinghouse Electric Spain, the European Union’s procurement journal said on Friday

UK and Norway Near Deal to Build Subsea Power Cable

UK and Norway Near Deal to Build Subsea Power Cable

Norway is close to agreeing a €2bn investment to construct a 700km underwater power line that would allow the UK to import hydroelectric power as Britain attempts to solve the squeeze on its fragile generating capacity