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Industries Face Risks From Climate Change

Industries Face Risks From Climate Change

The companies we turn to every day for electricity, transportation, consumer goods, and even electronics face risks from climate change. Most need reliable water for production processes and products. Extreme weather and temperatures can hurt their productivity and damage their supply chains and assets.

Bosnias Banovici Mine Seeks Consultant for 300 MW TPP Project

Bosnia's Banovici Mine Seeks Consultant for 300 MW TPP Project

Bosnian state-controlled brown coal mine Banovici said it is seeking a consultant to help find a strategic partner to finance and build the 300 megawatt (MW) Unit 1 of the Banovici thermal power plant (TPP).

South Stream in Bulgaria to Be Built Under European Rules

South Stream in Bulgaria to Be Built Under European Rules

Bulgaria needs the South Stream gas pipeline, however, it will be built according to European rules, Bulgarian vice premier for economic policy Ekaterina Zakharieva said in an interview to the BTV television channel on Thursday, Russian news agency ITAR TASS reports.

Centrgaz Expects to Build 30 km of Serbias South Stream Section by End-2014

Centrgaz Expects to Build 30 km of Serbia's South Stream Section by End-2014

Russia's Centrgaz, the main building contractor for the Serbian section of the South Stream gas pipeline, said it would be realistic to expect that the first 30 kilometers of pipes could be laid by the end of 2014, the press office of Serbian president Tomislav Nikolic said in a statement on Wednesday.

Mainland Greece Installs just 7.3 MW of Solar in H1 2014

Mainland Greece Installs just 7.3 MW of Solar in H1 2014

Mainland Greece added only 7.3 MW of solar photovoltaic (PV) capacity in the first six months of 2014, as compared to 934 MW in the year-ago period, the Hellenic Transmission System Operator SA (HTSO) said on Friday.

Russias Stroytransgaz to Exit South Stream Project in Bulgaria

Russia's Stroytransgaz to Exit South Stream Project in Bulgaria

Russia’s Stroytransgaz has asked to withdraw from the construction of the Bulgarian section of the South Stream gas pipeline, Russian media reported on Monday quoting the company’s majority shareholder, Gennady Timchenko.

Westinghouse Signs Shareholder Agreement for New Unit at Bulgarian NPP

Westinghouse Signs Shareholder Agreement for New Unit at Bulgarian NPP

U.S.-based Westinghouse, controlled by Toshiba Group, said on Friday it has signed a shareholder agreement following consultations with all Bulgarian political parties for the construction of a new unit at Bulgaria's sole nuclear power plant (NPP) Kozloduy.

OMV Says Russia Sanctions Dont Impact South Stream Pipeline

OMV Says Russia Sanctions Don't Impact South Stream Pipeline

European sanctions imposed on Moscow in the Ukraine crisis will have no impact on the planned South Stream gas pipeline to bring Russian gas to Europe, the head of Austrian energy group OMV told Profil magazine.

Shale Gas: An Alternative Energy for EU, Turkey

Shale Gas: An Alternative Energy for EU, Turkey

The natural gas crisis between Russia and Ukraine has pushed many European countries to review their dependency on Russian gas. As an alternative to natural gas, the exploration of shale gas has recently become a hot topic of discussion. Turkey, which meets 90 percent of its natural gas requirement through import, is among the countries that have shale gas reservoirs.

MOL Romania Invested Over EUR 6.1 million in 7 New Gas Stations

MOL Romania Invested Over EUR 6.1 million in 7 New Gas Stations

MOL Romania invested over EUR 6.1 million in 7 new gas stations, expanding its national network to 154 units. The new stations are located in counties Constanta, Ilfov, Suceava, Timis, Hunedoara, Iasi and Bihor.

Greece To Implement Measures Reducing Energy Costs for Enterprises

Greece To Implement Measures Reducing Energy Costs for Enterprises

The Greek government intends to implement measures reducing energy costs for enterprises, even without the approval of the European Commission, Greece's Development Minister Nikos Dendias said on Thursday following a ministerial committee meeting on industrial policy.

Bulgargaz Gets 12 mln Euro Anti-trust Fine

Bulgargaz Gets 12 mln Euro Anti-trust Fine

The Bulgarian antitrust regulator said on Wednesday it imposed a fine of 23.4 million levs ($16.1 million/12 million euro) on gas monopoly Bulgargaz.