English Edition

Bulgaria: All Electricity Tenders Should be Cancelled -Source

Bulgaria: All Electricity Tenders Should be Cancelled -Source

All electricity tenders should be cancelled and no tenders should be organized a month prior to the beginning of the new regulatory period on July 1. These urgent measures have been proposed by three Bulgarian industrial associations – the Bulgarian Federation of Industrial Energy Consumers (BFIEC), the Bulgarian Association of the Metallurgical Industry (BAMI) and the Bulgarian Industrial Association (BIA), in order to restore the state of equality between electricity export/import advantages for Bulgarian and foreign buyers.

Gazprom Aims to Make Serbias NIS an Energy Leader in the Balkan Region

Gazprom Aims to Make Serbia's NIS an Energy Leader in the Balkan Region

Russian and Gazprom officials have presented their "development and investment plans for NIS" to Serbian Minister of Mining and Energy Aleksandar Antić. This took place as Antić was meeting in Moscow with Gazprom Neft CEO Aleksandr Dyukov and Russian Minister of Energy Aleksandr Novak, Tanjug reported.

US Giant Westinghouse is Looking for BG Suppliers for Kozlodui

US Giant Westinghouse is Looking for BG Suppliers for Kozlodui

US giant Westinghouse, assigned to construct Block VII of Bulgaria's NPP Kozloduy is evaluating Bulgarian companies, which might be included in the building works of reactor production equipment, service delivery and more, Westinghouse Europe head Mike Kirst told the Bulgarian National Radio.

Turkey Plans Incentives to Encourage Energy Efficiency

Turkey Plans Incentives to Encourage Energy Efficiency

Turkey’s investment incentive scheme is being amended to encourage energy efficiency in industrial facilities. Aiming to save around TRY 15 billion (approx. USD 7 billion) a year in energy costs in the industries of iron and steel, petrochemicals and the production of cement and ceramics, the Turkish government has introduced a new set of incentives that encourage energy saving and waste heat recovery in existing manufacturing plants.

IEA: Russia’s Energy Sectors are at a Turning Point

IEA: Russia’s Energy Sectors are at a Turning Point

By attracting large investments to modernise its ageing power generation and transmission systems as well as district heating supply chain, and by dramatically improving energy efficiency in the building and industrial sectors, Russia could develop new economic growth pillars beyond the oil and gas sectors, the International Energy Agency (IEA) says in a new report.

BSTDB May Help Finance South Stream Gas Pipeline

BSTDB May Help Finance South Stream Gas Pipeline

The Black Sea Trade and Development Bank (BSTDB) may provide financing for the construction of the South Stream gas pipeline once all parties involved in the project settle the relevant issues, the bank’s president said on Friday.

EU is Blocking South Stream Partners- Novak

EU is Blocking South Stream Partners- Novak

Russian Energy Minster Alexander Novak said on Thursday some partners in the South Stream gas pipeline project had come under pressure from the European Union, Interfax news agency reported on Thursday.

The Global Green Technology Market is Expected to Double

The Global Green Technology Market is Expected to Double

The global green technology market is expected to double to a value of EUR 4.4 trillion in the next ten years. But where do traditional industry sectors find themselves in this brave new world? And how can green start-ups thrive? Styria's Green Tech Valley has shown that with some imagination and R&D, heavy industry and eager newcomers alike can find a place in the green revolution.

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

German wind turbine maker Nordex SE said on Wednesday it has received three orders to supply Turkish energy firms Sancak Enerji, Yeni Enerji and Bicakcilar Enerji with a total of 44.4 megawatts (MW) of wind turbines for their first wind projects.

Romania Regulated Electricity Prices Expected to Drop

Romania Regulated Electricity Prices Expected to Drop

Emil Calota, vicepresident of Romania's National Agency for Energy Regulation (ANRE), announced on Wednesday that regulated electricity prices will drop starting with July 2014, Mediafax reports.

Croatia Prepares Onshore Oil, Gas Exploration Tender

Croatia Prepares Onshore Oil, Gas Exploration Tender

Croatia is preparing its first tender for onshore oil and gas exploration and production which will target the Podravina and Posavina locations, in the basins of the Drava and Sava rivers, the country's economy minister Ivan Vrdoljak said on Tuesday.

Bulgaria is Ready to Secure Gas for a Maximum Period of Time

Bulgaria is Ready to Secure Gas for a Maximum Period of Time

“The Bulgarian government is ready to secure gas for a maximum period of time, at least 3-4 months. There is a decision of the Council of Ministers to inject additional gas quantities in UGS Chiren. We have ideas for alternative supplies”, said Bulgaria's Deputy Prime Minister on Economic Development Daniela Bobeva in response to a journalist's question regarding Russia-Ukrain gas supply disputes.

Serbia Will Continue Construction of the South Stream Pipeline in July

Serbia Will Continue Construction of the South Stream Pipeline in July

Russian Foreign Minister Sergei Lavrov said Serbia will continue construction of the South Stream pipeline in July as Norwegian gas company Statoil told the European Union it will help with gas supplies. Russia cut off gas to Ukraine on Monday, which could affect Europe’s gas supply.