English Edition

World Bank Kosovo Sign Agreements on Energy Efficiency Health Projects

Δευ, 19 Ιανουαρίου 2015 - 19:12

The World Bank said it has signed with Kosovo two agreements onefficiency and health projects with total value of $56.5 million (48.6 million euro).

Bottom Drops Out of Russian Oil Barrel

Δευ, 19 Ιανουαρίου 2015 - 19:01

Bracing for an even more dramatic decline in oil prices that has slowed down the Russian economy and weakened the ruble, the Bank of Russia will include a “stress scenario,” assuming global oil prices at $40 per barrel, in its revised forecast of the economic situation in the country.

Terror Looming in the Capital of Europe

Παρ, 16 Ιανουαρίου 2015 - 17:05

The Belgian federal police averted a major terrorist attack in the European capital. High ranking European officials in Brusselspraised the work of the Belgian authorities in the matter. Earlier today, the Commission’s Spokesman stated that the Belgian terrorist events do not concern the European Commission.

US State Secretary Pledges Support for Bulgaria's Energy Diversification Efforts

Παρ, 16 Ιανουαρίου 2015 - 16:57

US Secretary of State John Kerry said on Thursday that his country will back Bulgaria in its efforts to ensure its energy independence, as a joint working group will be set up to explore the options for cooperation in this area.

Croatia's Janaf Signs Oil Transportation Deal With NIS for 2015

Παρ, 16 Ιανουαρίου 2015 - 16:54

Croatian state-owned oil pipeline operator Jadranski Naftovod, said on Thursday it has signed an agreement on oil transportation with Serbian oil and gas company NIS.

Serinus Energy Drills Moftinu - 1002Bis Well in Romania

Παρ, 16 Ιανουαρίου 2015 - 16:40

Oil and gas exploration company Serinus Energy said on Thursday open hole wireline logs, mud logs and/or drill cuttings at the Moftinu-1002biswell in Romaniaindicate seven Cenezoic aged sandstones with an aggregate of 90.5 metres of hydrocarbon bearing rock, and 22 metres of potential net pay.

Russia Pressures EU Over Turkish Gas Corridor

Πεμ, 15 Ιανουαρίου 2015 - 18:06

Russia has not reduced gas supplies to Europe, a European Commission spokesperson told New Europe on January 15. “To our information gas supplies are normal,” she said, brushing off Russian gas monopoly Gazprom’s warnings that there is a risk that Europe could see a drop in supplies piped via Ukraine this winter.

OPEC Expects Decline in Demand for Oil from its Member-States in 2015 to 28.8 Mln BpD

Πεμ, 15 Ιανουαρίου 2015 - 17:59

Organization of the Petroleum Exporting Countries (OPEC) expects decline in demand for oil from organization’s member-states in 2015 by 100,000 barrelsperday to 28.8 millionbarrels, the world oil cartel said in its January outlook released on Thursday.

Romania 11-Mo Energy Output Edges Up 0.6%

Πεμ, 15 Ιανουαρίου 2015 - 17:59

Romania's energy output edged up by an annual 0.6% in the first 11monthsof 2014, while imports increased by 6.6%, the statistics office, INS, said on Wednesday.

Turkey's Tupras to Issue 200 Mln Lira (74 Mln Euro) in Bonds

Πεμ, 15 Ιανουαρίου 2015 - 17:56

Turkish oil refiner Tupras, said it will issue 200 million Turkish lira ($87 million/74 million euro) in 728-day fixed coupon bonds on the domestic market.

UK Utilities: Power to the People

Τετ, 14 Ιανουαρίου 2015 - 17:36

A joke for Labour party leader Ed Miliband: How many electricity regulators does it take to change a lightbulb? Answer: just one but it has to want to change. Not laughing? Well, it is no laughing matter.

Croatia's INA to Temporarily Idle Sisak Refinery as of Jan 14

Τετ, 14 Ιανουαρίου 2015 - 17:35

Croatian oil and gas company INA, said on Tuesday it will temporarily idle its Sisak refinery as of January 14 due to the depletion of domestic oil stocks.

Alstom Wins Contracts Worth 220 Mln Euro for Power Project in Turkey

Τετ, 14 Ιανουαρίου 2015 - 17:32

French heavy engineering group Alstom said on Tuesday it has received two contracts worth a total of about 220 million euro ($260 million) for the supply and the maintenance of the power island of the 950 MW Kirikkale combined-cycle power plant located in Turkey’s central Anatolia region.