English Edition

Bosnia’s H1 Gross Electricity Output Drops 14% y/y

Δευ, 8 Σεπτεμβρίου 2014 - 12:36

Bosnia’s gross electricity output fell 14.1% to 7,973 gigawatt-hours (GWh) in the first half of 2014, data of the country's statistics office showed.

Serbia Should Again Become an Exporter of Electricity-DPM

Δευ, 8 Σεπτεμβρίου 2014 - 12:35

Serbia's Deputy Prime Minister and Minister of Energy, Development and Environmental Protection Zorana Mihajlovic said that Serbia should again become an exporter of electricity, for which it needs to build new energy capacities.

Global Economies Need to Cut their Energy Related Carbon Emissions for Every $ of GDP by 6.2% Every Year -PWC

Δευ, 8 Σεπτεμβρίου 2014 - 12:34

PwC’s climate change analysts estimate global economies need to cut their energy related carbon emissions for every $ of GDP by 6.2% every year from now to 2100. That’s more than five times the rate currently achieved.

Maniatis Meets US Ambassador on the Issue of Gas Supply

Παρ, 5 Σεπτεμβρίου 2014 - 12:00

Developments concerning the supply problems of Europe with natural gas because of the situation in Ukraine and the use of national hydrocarbon resources discussed at a meeting held today in Athens , the Minister of Environment Energy and Climate Change Mr. Yiannis Maniatis, with the US Ambassador Mr. David Pierce.

Croatia Eases Regulations for Renewable Energy Projects

Παρ, 5 Σεπτεμβρίου 2014 - 11:59

The Croatian government on Thursday amended the country's tariff regulations on the development of projects using renewable energy sources (RES) in a bid to ease the process and adapt it to the current economic environment.

Albania will Raise the Price of Electricity for Families and Businesses

Παρ, 5 Σεπτεμβρίου 2014 - 11:57

Albania will raise the price of electricity for families and businesses in line with advice from the International Monetary Fund (IMF), but it will protect the needy, Energy Minister Damian Gjiknuri said on Wednesday.

Bulgaria May Convert Energy Sector Shortfall Into State Debt

Πεμ, 4 Σεπτεμβρίου 2014 - 12:07

Bulgaria may convert into state debt the huge shortfall in the country's energy sector, the country’s deputy prime minister said on Wednesday.

Jordan Signs MOU to Buy $15b Leviathan Gas

Πεμ, 4 Σεπτεμβρίου 2014 - 12:06

The partners in the Leviathan natural gas reservoir have signed another agreement with Jordan. The new agreement is worth $15 billion, much larger than the two previous deals signed. Tel Aviv Stock Exchange (TASE) trading in the shares of the partners - Ratio Oil Exploration (1992) LP (TASE:RATI.L),Avner Oil and Gas LP (TASE:AVNR.L), and Delek Drilling Limited Partnership (TASE:DEDR.L) - was halted ahead of the news.

Japan's Marubeni Named Preferred Bidder for Croatia's Plomin C TPP

Τετ, 3 Σεπτεμβρίου 2014 - 12:59

Croatian state-owned power utility group HEP said on Tuesday Japan's Marubeni has been named the preferred bidderfor the construction and management of the Plomin C thermal power plant (TPP).

Romgaz Has the Largest Gas Storage Capacity in Romania

Τετ, 3 Σεπτεμβρίου 2014 - 12:58

Romgaz Medias invested EUR 27 million in increasing gas storage capacity of its depot in Urziceni, Ialomita county, according to an announcement made on Tuesday by the company.

Ellaktor of Greece Posts 17% Lower Wind Farms Profit

Τρι, 2 Σεπτεμβρίου 2014 - 11:56

Ellaktor (ATH:ELLAKTOR), Greece's biggest construction group, on Friday said first-half 2014 net profit from its wind farms business has declined by 17.3% year-on-year to EUR 2.1 million (USD 2.8m).

Croatia and MOL Issue Joint Statement on Interim Measures Regarding INA

Τρι, 2 Σεπτεμβρίου 2014 - 11:55

The Hungarian oil and gas group MOL must act in the best commercial interests of INA, and in the event of any sale of its shareholding in the Croatian company it must ensure that the purchaser assumes MOL's commitments and bears the consequences of the Arbitral Tribunal's rulings, the Republic of Croatia and MOL said in a joint statement published on the Economy Ministry's website on Monday.

Gazprom Most Likely Buyer of Serbia's Red Star

Τρι, 2 Σεπτεμβρίου 2014 - 11:54

Russia's Gazprom is reported to be the most likely buyer of Serbian club Crvena Zvezda FC (Red Star Belgrade). Gazprom is owner of Zenit St Petersburg (acquired in 2005) and a major sponsor of the UEFA Champions League.