English Edition

Romanias Hidroelectrica Posts Record - High 10-Mo Profit

Romania's Hidroelectrica Posts Record - High 10-Mo Profit

Romanian insolventhydropower producer Hidroelectrica said on Wednesday its gross profit rose 23.6% on the year to a record-high 943 million lei ($266million/213million euro) in the first ten months of the year

Honeywell to Upgrade Two Oil Refineries of Turkeys Tupras

Honeywell to Upgrade Two Oil Refineries of Turkey's Tupras

US diversified technology and manufacturing group Honeywell said it has agreed to upgrade controls at two refineries run by Turkish oil refiner Tupras as part of a five-year service, maintenance and support contract for the two faicilities

Bulgargaz Plans to Seek 2.07% Hike in Gas Prices in Q1

Bulgargaz Plans to Seek 2.07% Hike in Gas Prices in Q1

Bulgarian gas monopoly Bulgargaz said on Tuesday it plans to propose to the country’s energy regulator to hike wholesale gas prices by 2.07% in the first quarter of 2015

Croatian LNG Terminal Project Co Seeks Legal Financial Advisor

Croatian LNG Terminal Project Co Seeks Legal Financial Advisor

LNG Hrvatska, the state-owned company set up to build and operate a liquefied natural gas (LNG) terminal on the Adriatic island of Krk, said it is seeking bids for a contract to provide it with legal and financial advisory services

Bosnian Utility to Sell Surplus Electricity to Serbias EPS

Bosnian Utility to Sell Surplus Electricity to Serbia's EPS

Serbian energy utility EPS has won all lots at a tender for the sale of surplus electricity called by Bosnian power utility Elektroprivreda Republike Srpske (ElektroprivredaRS), Belgrade-based media reported on Monday, quoting EPS director general Aleksandar Obradovi

Romania 9 - Mo Energy Output Edges Up 0.6%

Romania 9 - Mo Energy Output Edges Up 0.6%

Romania's energy output edged up by an annual 0.6% in the first ninemonthsof the year, while imports increased by 8.8%, the statistics office, INS, said on Monday

Serbian Power Utility EPS Signs LoI with Schneider Electric

Serbian Power Utility EPS Signs LoI with Schneider Electric

Serbian state-owned energy utility EPS said on Friday it has signed a letter of intent (LoI) with French electrical equipment maker Schneider Electric targeting cooperation in the introduction of smart management of electricity distribution systems

Cautious Eurozone Offers Greece a Precautionary Credit Line

Cautious Eurozone Offers Greece a Precautionary Credit Line

Euro zone finance ministers have expressed support for the option of granting Greece a precautionary credit line as back-up financing once the country exits its euro zone bailout at the end of this year