English Edition

Europe Gears Up to Make Fusion Energy a Reality

Πεμ, 9 Οκτωβρίου 2014 - 17:38

The European Commission and the European fusion research laboratories are launching today a European joint programme on fusion in Horizon2020 – ‘EUROfusion’ – that will ensure significant progress along the path towards the realisation of fusion energy. This joint programme has an overall budget of at least 850 million euro over the period 2014-18, of which about half will come from the Euratom Horizon 2020 fusion energy research programme

All Eyes on OPEC as Brent Crude Keeps Falling

Πεμ, 9 Οκτωβρίου 2014 - 14:46

As the crude oil price seems likely to drift lower during the coming months than to rally, all eyes are on the Arab OPEC producers, wondering when they will take action. Oil ministers from the Organization of Petroleum Exporting Countries hold a production policy meeting in late November in Vienna

Croatia's INA To Start 100 Mln Kuna (13.1 Mln Euro) Redundancy Program

Τετ, 8 Οκτωβρίου 2014 - 17:20

Croatian oil and gas company INA [ZSE:INA-R-A] said on Tuesday its management has adopted a redundancy program worth over 100 million kuna ($16.5 million/13.1 million euro)

Russia Offers Ukraine Gas Break Wants Back Bills Paid

Τρι, 7 Οκτωβρίου 2014 - 16:29

Russian Prime Minister Dmitry Medvedev said on October 6 that Moscow and Kiev should compromise over the months-long gas dispute that would re-open gas exports for winter, but warned Ukraine’s outstanding debt won’t be forgiven

Oil and Gas Companies Dominate SeeNews TOP 100 SEE Ranking

Δευ, 6 Οκτωβρίου 2014 - 19:12

Oil and gas companies dominated the SEE TOP 100 2014 ranking by Sofia-based news agency SeeNews, SeeNews said. Oil and gas companies continued to dominate the rankings and generate the bulk of the total revenue but both their combined revenues and profit fell, SeeNews said in its seventh edition of its ranking of the biggest companies in Southeast Europe, SeeNews TOP 100 SEE, released last week

Bulgartransgaz to Call Tenders for Three Gas Pipelines in Q1 2015 - EBRD

Δευ, 6 Οκτωβρίου 2014 - 19:05

Bulgaria’s gas transmission system operator Bulgartransgaz will open in the first quarter of next year four tenders for the the provision of goods, works and services on a 21.8 million euro ($27.5 million) project for the construction of three gas pipelines, the European Bank for Reconstruction and Development (EBRD) said on Friday

Serbia's EPS Plans to Seek Rollback of EBRD Funds for Six SHPPs

Δευ, 6 Οκτωβρίου 2014 - 19:01

The supervisory board of Serbian state-owned power utility EPS has decided that steps should be taken to roll back funding provided by the European Bank for Reconstruction and Development (EBRD) for the construction of six small hydro power plants (SHPPs), EPS said

Iran Wants In on The US War on ISIS

Δευ, 6 Οκτωβρίου 2014 - 18:56

As the United States moves to escalate its war against the Islamic State of Iraq and al-Sham (ISIS) and forge a coalition against the terrorist group, Iran should be consulted, a former deputy foreign minister of Iran, told New Europe

Albania Counts on TAP for Gas Hopes

Παρ, 3 Οκτωβρίου 2014 - 20:22

The Albanian market will benefit from large quantities of natural gas that will come via the Trans Adriatic Pipeline (TAP) and it has already been agreed than an established exit point will supply the energy-starved country with gas, Albania’s Deputy Minister of Energy and Industry Dorian Ducka told New Europe on October 1

IENE Launches Fund Drive During «Back to Business» Event

Παρ, 3 Οκτωβρίου 2014 - 18:20

On the occasion of the start of the new autumn/winter season (2014-2015) the Institute of Energy for South East Europe (IENE) held, on Wednesday, October 1, 2014, its annual "Back to Business” event. This year’s "Back to Business”, which took place at the hospitable and historical grounds of the Yacht Club of Greece in Kastella, Piraeus, brought together approximately 100 executives from the energy sector of Greece and, also, from other countries of SE Europe

Commission Publishes Results of Retail Food Study

Πεμ, 2 Οκτωβρίου 2014 - 18:09

The European Commission has unveiled the results of a comprehensive study about the evolution of choice and innovation in food products in Europe during the last decade. The results show that the entry of new competitors always increases choice and innovation

EIB Mulls Lending 97 Mln Euro for Thermal Rehabilitation Project in Bucharest

Πεμ, 2 Οκτωβρίου 2014 - 17:55

The European Investment Bank (EIB) said it is considering lending about 97 million euro ($123.3 million) to the Romanian capital of Bucharest for the refurbishment of multi-family private housing

Bulgaria's July Power Output Rises 11.9% m/m

Πεμ, 2 Οκτωβρίου 2014 - 16:25

Production of electricity in Bulgaria rose by 11.9% on a monthly basis to 3,902 gigawatt-hours in July, the National Statistics Institute (NSI) said on Tuesday