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Romania to Increase Natural Gas Prices on April First

Παρ, 21 Μαρτίου 2014 - 12:02

Nicolae Havrilet, head of the country’s energy watchdog ANRE said Thursday that natural gas price will hike by 2 percent for household consumers and by 5 percent for industrial consumers on the regulated market, as of April 1, adding that electric power price will not increase.

Romania Will Auction off a 26% Stake in its Oil Refinery this Summer

Πεμ, 20 Μαρτίου 2014 - 12:19

Romania will auction in the summer a stake of 26% in oil refinery Rompetrol Rafinare with the starting price of $200 million, a government official said Wednesday.

Construction of Bulgaria-Greece Gas Link Seen Starting in 2015 - BEH

Πεμ, 20 Μαρτίου 2014 - 12:18

Construction of the Gas Interconnector Greece-Bulgaria (IGB Pipeline) is expected to begin in 2015, an official of the state-owned Bulgarian Energy Holding (BEH) said on Wednesday.

Croatia Says Some 20 Cos Eye Data Room for Offshore Oil, Gas Exploration

Τετ, 19 Μαρτίου 2014 - 12:46

The Croatian economy ministry said on Tuesday that some 20 companies have expressed interest in the data room set up for the Adriatic country's upcoming offshore oil and gas exploration and production tenders.

EWEA: Europe Can Reduce Gas Imports by 26% with Higher 2030 Renewable Energy Target

Τρι, 18 Μαρτίου 2014 - 15:27

A 30% renewables target for 2030 would cut Europe’s reliance on gas imports by almost three times as much as the European Commission’s proposal for 27%, the Commission’s own figures show.

Nanotechnology Could Turn Shrubbery Into Supercharged Energy Producers

Τρι, 18 Μαρτίου 2014 - 15:17

Plants have many valuable functions: They provide food and fuel, release the oxygen that we breathe, and add beauty to our surroundings. Now, a team of MIT researchers wants to make plants even more useful by augmenting them with nanomaterials that could enhance their energy production and give them completely new functions, such as monitoring environmental pollutants.

Power Distributors Face Licence Revokal if They Don't Pay Debts to NEK - Econ Min

Τρι, 18 Μαρτίου 2014 - 15:16

The power distributors will lose their licences if they fail to repay their debts to the National Electricity Company, NEK, economy minister Dragomir Stoynev said.

Greece: EIB Support for Improved Electricity Network

Δευ, 17 Μαρτίου 2014 - 15:30

The European Investment Bank (EIB) supports the improvement of the electricity network in Greece with a EUR 235 million loan to the Greek Public Power Corporation S.A. (PPC). The multi-investment programme covering the period 2013-15 aims at renovating and reinforcing the electricity distribution network, as well as extending it to enable some 186 000 new connections throughout peninsular and insular Greece.

Fitch: European Utilities Better Prepared for Disruption to Russian Gas Supplies via Ukraine

Δευ, 17 Μαρτίου 2014 - 12:38

European utilities are better prepared for temporary disruption to Russian gas supplies via Ukraine than they were the last time the taps were closed in 2009, Fitch Ratings says.

Turkey’s Electricity Consumption Soars

Δευ, 17 Μαρτίου 2014 - 12:36

Turkey´s electricity consumption increased by 78 percent reaching 235 billion kilowatt hour (kWs) in the last year from 140 billion kWh in 2003.

Five Embassies Signal Interest in Small PPC Bill

Δευ, 17 Μαρτίου 2014 - 12:34

Five embassies in Athens have already asked for the translation of a draft law on the break-up of Public Power Corporation, indicating an interest on behalf of investors in the so-called “Small PPC,” which is meant to rival Greece’s electricity giant once it is split into two.

France's Alstom Gets Regulatory Nod to Buy 30% of Turkish Geothermal Firm

Παρ, 14 Μαρτίου 2014 - 13:50

The Turkish competition watchdog said on Thursday it has cleared French heavy engineering group Alstom to acquire a 30% stake in Turkish geothermal energy company Deltom Jeotermal Analiz Enerji Uretim Ins. San. ve Tic. AS from local firm Delta Yatirim Holding.

Zarubej Neft will Invest 30 million euros in Bosnia Herzegovina's Oil Refinery

Παρ, 14 Μαρτίου 2014 - 13:03

Russia's Zarubej Neft will invest new 30 million euros to improve working conditions at Bosnia Herzegovina's Republic of Srpska Brod oil refinery, was said at meeting between the President of RS Milorad Dodik and the Director of Zarubej Neft Sergey Kudryashov reports FIPA.