English Edition

Lavrov Calls for Excluding South Stream from EU Third Energy Package

Τρι, 8 Ιουλίου 2014 - 12:00

Visiting Russian foreign minister Sergey Lavrov told his Bulgarian counterpart Kristian Vigenin that the South Stream pipeline should be excluded from the scope of the EU's Third Energy Package and that talks between Moscow and Brussels on the issue resume, the Sofia news Agency (Novinite.com) reported.

Bulgaria Supports South Stream Construction, Foreign Minister Says

Τρι, 8 Ιουλίου 2014 - 12:00

Bulgaria supports construction of the South Stream gas pipeline, Foreign Minister Kristian Vigenin said on Monday after talks with Russian counterpart Sergei Lavrov. The ministers’ meeting was held behind closed doors.

Greenpeace Activists Say No to Fracking in Romania

Τρι, 8 Ιουλίου 2014 - 11:58

Around 20 Greenpeace activists have blocked access to a shale gas exploration site in Romania, in a third attempt to scupper the drilling operations of US energy group Chevron.

Ukraine Can Survive Winter Without Russian Gas if Consumption Reduced by 20% - Naftogaz

Δευ, 7 Ιουλίου 2014 - 13:45

Reducing gas consumption by one-fifth would be enough for Ukraine to survive the winter, without buying gas from Russia, the head of Ukraine’s state-run oil and gas company Naftogaz, Andriy Kobolev, said Friday.

Greek Wind co Eltech Anemos to Start IPO Next Week

Δευ, 7 Ιουλίου 2014 - 13:45

Eltech Anemos, the renewables arm of Greek construction group Ellaktor (ATH:ELLAKTOR), said today it will kick off its initial public offering (IPO) on the bourse in Athens next week, aiming to raise some EUR 6.2 million (USD 8.4m).

Westinghouse Seen Signing 3.59 Bln Euro Deal For New Unit At Bulgarian NPP

Παρ, 4 Ιουλίου 2014 - 15:00

U.S.-based Westinghouse Electric, controlled by the Toshiba Group, is expected to sign a 500 billion yen ($4.87 billion/3.59 billion euro) deal in the coming days to construct a nuclear reactor for Bulgaria's nuclear power plant (NPP) in Kozloduy, Japanese media reported on Thursday.

Greek co PPC Places Sole Bid for Hydro Power Project on Crna River in FYROM

Παρ, 4 Ιουλίου 2014 - 13:00

FYROM's environment ministry said on Thursday that Greek company Public Power Corporation (PPC) was the sole bidder in a tender for awarding concession for water utilization and power generation on Crna River in the country's south.

World Bank Approves $400 million for Turkey’s Gas Storage

Παρ, 4 Ιουλίου 2014 - 12:42

The World Bank has announced $400 million of additional financing for the first gas storage facility in Turkey’s underground salt formation.

EVN Group Sees 260.9 mln euro Effect on EBIT from Impairments in Bulgaria, FYROM

Πεμ, 3 Ιουλίου 2014 - 13:17

Austrian utility group EVN said on Wednesday the aggregate effect on its earnings before interest and tax (EBIT) from impairments in Bulgaria and FYROM will amount to 260.9 million euro ($356.6 million).

Additional US$400 million for Existing Gas Sector Development Project of Turkey

Πεμ, 3 Ιουλίου 2014 - 13:15

The World Bank’s Board of Directors approved an additional financing of US$400 million to the already existing Gas Sector Development Project of Turkey.

Romania's Hidroelectrica Posts 5-mo Gross Profit of 91.5 mln euro

Τετ, 2 Ιουλίου 2014 - 13:24

Romanian insolvent hydropower producer Hidroelectrica said on Tuesday it posted a five-month gross profit of 401 million lei ($125.2 million/91.5 million euro).

Turkey’s Energy Body Sets Up Stock Exchange

Τετ, 2 Ιουλίου 2014 - 13:23

Turkey’s Energy Marketing Regulatory Authority (EMRA) has set up an Istanbul-based energy stock exchange.

Yannis Maniatis: The Greek Mega Project for Hydrocarbon Exploration

Τρι, 1 Ιουλίου 2014 - 16:25

Greek Energy minister, mr. Yannis Maniatis, presented today in London the so called Greece’s Mega Project for the exploration of hydrocarbons in the Ionian Sea and Crete.