IFC Lends $170 Million to Saudi Arabian Co for Power Plant in Turkey Πεμ, 11 Δεκεμβρίου 2014 - 19:49 The International Finance Corporation (IFC) said it is lending $170 million (137.2 million euro) to ACWA Power, an independent Saudi Arabian developer of power projects, for the construction of a new natural gas-fired power plant in Turkey
Bulgaria, Romania, Greece Commit to Build Vertical Gas Link Πεμ, 11 Δεκεμβρίου 2014 - 19:46 Bulgaria, Romania and Greece have committed to develop a vertical gas corridor, connecting the three countries, the Greek environment ministry said
Almost 3.500 People Drowned in the Mediterranean in 2014 Πεμ, 11 Δεκεμβρίου 2014 - 19:38 The Mediterranean sea became“the most deadly route in the world" in 2014, with at least 3.419 migrants drowned in trying to cross it whilelooking for a better life, announced the UN High Committee for Refugees
South Stream’s End Revives East Med Pipe Τετ, 10 Δεκεμβρίου 2014 - 19:32 Following Russia’s decision to scrap the South Stream gas pipeline to Europe, Greece and Cyprus pitched the East Med gas pipeline project to European Commission Vice President for Energy Union Maros Sefcovic
Stavros Dimas to Run for President in Greece Τρι, 9 Δεκεμβρίου 2014 - 20:02 Greek former EU Commissioner, Stavros Dimas will be proposed by the Greek Government as the next president of the Hellenic Republic, to replace Karolos Papoulias whose term in office expires on March 2015
Nordex to Equip Install 45 MW Wind Farm in Turkey Τρι, 9 Δεκεμβρίου 2014 - 19:09 German wind turbine manufacturer Nordex said on Monday it has received an order to equip and install a 45 megawatt (MW) wind farm in Turkey from local conglomerate Adali Holding
Serbia's NIS Long - Term Strategy Calls for Raising Hydrocarbon Resource Base Τρι, 9 Δεκεμβρίου 2014 - 19:06 Serbian oil and gas company NIS said it would focus on boosting its hydrocarbon resource base while improving the efficiency of hydrocarbon deposit exploitation as part of a long-term development program
Romania's Energy Sector Needs 100 Bln Euro in Investments by 2035 Τρι, 9 Δεκεμβρίου 2014 - 19:03 Romania's energy sector needs investments worth some 100 billion euro ($123 billion) until 2035, a draft government strategy for the sector's development indicated
With South Stream Abandoned Merkel Accuses Putin of Bullying Russia’s Neighbours Δευ, 8 Δεκεμβρίου 2014 - 19:26 "Russia is creating problems forMoldova, Georgia and Ukraine, saidGerman Chancellor Angela Merkel. Merkel accused Russia on Sunday of interfering in the domestic affairs of those countries because they are seeking closer ties to the European Union
Juncker Says Issues on South Stream not Insurmountable Παρ, 5 Δεκεμβρίου 2014 - 18:32 The legal issues on the implementation of the South Stream gas pipeline project are not insurmountable, the president of the European Commission, Jean-Claude Juncker, said on Thursday
Borisov in Brussels: Bulgaria Wants Clear Answer on South Stream Παρ, 5 Δεκεμβρίου 2014 - 18:30 Tough-sounding,BulgarianPrime Minister Boyko Borisovsuggested today that he expects a clear answer from the European Commission concerning the future of theSouth Stream gas pipelineproject
Household Electricity Prices in SEE Lowest in Kosovo in H1'14 Παρ, 5 Δεκεμβρίου 2014 - 18:29 Electricity in southeast Europe (SEE) in the first half of 2014 was cheapest in Kosovo and Serbia where households paidan average of 0.055 euro
Romania to Keep Gas Prices for Households Flat by Mid-2015 Παρ, 5 Δεκεμβρίου 2014 - 18:25 Romania will maintain natural gas prices for households unchanged by the end of June and will draft a new calendar for liberalisation of prices in the 2015-2021 period, the state energy department said
Cyprus Eases Money Transfer Restrictions Abroad Παρ, 5 Δεκεμβρίου 2014 - 18:15 Cyprus has further eased remaining limits on taking money out of the country from domestic banks by doubling the amount businesses can transfer abroad for any transaction without prior Central Bank approval to 2 million euros
Turkish Green Energy Co Baticim Enerji Secures $40 Mln Loan From Akbank Πεμ, 4 Δεκεμβρίου 2014 - 19:30 Turkish renewable energy producer Baticim Enerji Elektrik Uretim has signed a $40 million (32 million euro) loan agreement with local lender Akbank, Baticim Enerji’s affiliate company Baticim Bati Anadolu Cimento Sanayii said
Twelve Apply to Build PV Plants in Bosnia's Federation, One Eyes SHPP Construction Permit Πεμ, 4 Δεκεμβρίου 2014 - 19:27 Twelve companies have applied for construction permits for as many photovoltaic (PV) power plants in Bosnia’s Muslim-Croat Federation and one has applied to build a small hydro power plant, the entity's energy ministry said