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Romanian Natgas Producer Romgaz 2013 Net Profit Falls 16.8%

Romanian Natgas Producer Romgaz 2013 Net Profit Falls 16.8%

Παρ, 28 Φεβρουαρίου 2014 - 12:53

The net profit of Romanian natural gas producer Romgaz [BSE:SNG] dropped to a preliminary 930.7 million lei ($281.9 million/206 million euro) in 2013 from 1.1 billion lei a year earlier, the company said on Thursday.

Turkey’s Energy Min Says TANAP to Be Nationalised

Turkey’s Energy Min Says TANAP to Be Nationalised

Πεμ, 27 Φεβρουαρίου 2014 - 13:00

The nationalisation of the Trans Anatolian Natural Gas Pipeline (TANAP) project to transport Azeri natural gas to Europe through Turkey has been proposed to Turkey’s cabinet, local media reported on Wednesday, citing energy minister Taner Yildiz.

Iranian Natural Gas Price Offers Too High for Turkey

Iranian Natural Gas Price Offers Too High for Turkey

Πεμ, 27 Φεβρουαρίου 2014 - 12:42

Iranian price offers for natural gas are still too high even if Ankara doubles the purchase volume as Iranians suggested, says Turkish Energy Minister Taner Yildiz.

European Parliament Backs Law to Cut Car CO2 Emissions

European Parliament Backs Law to Cut Car CO2 Emissions

Τετ, 26 Φεβρουαρίου 2014 - 12:30

New rules designed to achieve the CO2 emission reduction target of 95g/km for new cars by 2020 were endorsed by Parliament on Tuesday. The text retains this target, albeit with a one-year “phase-in” period in 2020. It also allows “super credits”, whereby the cleanest cars in each manufacturer’s range count for more than others, to apply from 2020 to 2022.

Bulgarian Energy Efficiency and Renewable Energy Credit Line is Concluding its Operations

Bulgarian Energy Efficiency and Renewable Energy Credit Line is Concluding its Operations

Τετ, 26 Φεβρουαρίου 2014 - 12:29

After 10 years of successful activities the Bulgarian Energy Efficiency and Renewable Energy Credit Line (BEERECL) is concluding its operations. Under the facility more than €150 million in loans were provided to private businesses for nearly 300 projects which involved about €230 million investment costs.

Turkey Plans 120,000 MW of Installed Capacity in 2023

Turkey Plans 120,000 MW of Installed Capacity in 2023

Τετ, 26 Φεβρουαρίου 2014 - 12:28

The race for the development of two large coal fields in Turkey’s Kahramanmaras and Konya provinces is nearing the finish line, according to sources familiar with the matter at the Ministry of Energy and Natural Resources.

Bosnia Herzegovina: Hyrdo Power Gets Mandate to Study Mini Hydro Power Construction

Bosnia Herzegovina: Hyrdo Power Gets Mandate to Study Mini Hydro Power Construction

Τρι, 25 Φεβρουαρίου 2014 - 15:00

The Assembly of the Municipality of Istocna Ilidza Bosnia Herzegovina unanimously adopted a decision on the signing of an Agreement of Cooperation with the English company ''Hydro Power Energy PLC'', according to which in the period to come it will be done a Study on the construction of mini hydro power plants on the river Kasindolka.

Greece to Cut Solar Tariffs Retroactively in March

Greece to Cut Solar Tariffs Retroactively in March

Τρι, 25 Φεβρουαρίου 2014 - 14:05

The Greek Energy Ministry asked RAE, the energy regulator, for one month postponement of the decision to raise the special renewables levy, in an effort to pass compensating legislative measures.