1. English Edition

English Edition

Iraqi Oil Exports 2.512 Million Barrels Per Day in April

Iraqi Oil Exports 2.512 Million Barrels Per Day in April

Τρι, 6 Μαΐου 2014 - 12:19

Iraq's monthly oil exports reached 2.512 million barrels per day (bpd) in April, an oil minisstry spokesman said on Sunday. Exports rose from 2.139 million bpd in March, ministry spokesman Asim Jihad said, adding that exports from the south of the country, where the bulk of Iraq's crude is produced and shipped abroad, were 2.509 million bpd - the highest since 2003.

Greeces PPC Has Decided to Launch a Subsidiary in Turkey

Greece's PPC Has Decided to Launch a Subsidiary in Turkey

Τρι, 6 Μαΐου 2014 - 12:09

Greece's Public Power Corporation (PPC) has decided to launch a subsidiary in Turkey as it turns to cross-border energy trade in a bid to offset the loss of market share in Greece now that the local industry is entering the stage of full liberalization.

MOL Romania Turnover Up 5.1%

MOL Romania Turnover Up 5.1%

Δευ, 5 Μαΐου 2014 - 12:07

MOL Romania, the local subsidiary of Hungarian oil group MOL, registered a turnover of nearly EUR979 million in 2013, up 5.1 percent from EUR 931 million a year before, due to higher sales volumes. Last year MOL Romania recorded a total sales volume of 503,000 tons, up 7 percent from 469,000 tons in 2012, according to data provided by the company.

Qatar Keeps Close Eye on EU’s LNG Push

Qatar Keeps Close Eye on EU’s LNG Push

Παρ, 2 Μαΐου 2014 - 12:08

Qatar is looking to take advantage of a European Union strategy aiming to have the shipping fleets of its member states running on Liquefied Natural Gas from 2025.

Romanias Insolvent Hidroelectrica Plans an Over 85 million euro Investment

Romania's Insolvent Hidroelectrica Plans an Over 85 million euro Investment

Τετ, 30 Απριλίου 2014 - 12:26

Hidroelectrica, while still insolvent, planned investments of RON 377 million (EUR 85 million) for 2014, meant especially for updating technology and “historical” products. The company will finance its own investments, and the difference will be covered with bank loans, according to a report from Euro Insol, the power producer’s administrator.

Greeces Metka Completes 800 MW Combined Cycle Power Plant in Turkey

Greece's Metka Completes 800 MW Combined Cycle Power Plant in Turkey

Τρι, 29 Απριλίου 2014 - 12:47

Greek engineering company Metka said it has completed an 800 megawatt (MW) combined cycle power project in Turkey on a turn-key basis for a joint venture between German power utility RWE and Turkish firm Turcas Guney Elektrik Uretim, part of energy company Turcas Petrol [BIST:TRCAS].

Bulgarias NPP Head Sees Signing of Deal with Westinghouse in Sept

Bulgaria's NPP Head Sees Signing of Deal with Westinghouse in Sept

Τρι, 29 Απριλίου 2014 - 12:45

The state-owned Bulgarian Energy Holding (BEH) is expected to sign with U.S.–based Westinghouse Electric Company in September an agreement on the first stage of the construction of a new 1,000 megawatt (MW) unit at the country's sole nuclear power plant (NPP) Kozloduy, the plant's CEO said.

SunVault to buy 100% of 1.5-MW Greek Solar Park

SunVault to buy 100% of 1.5-MW Greek Solar Park

Δευ, 28 Απριλίου 2014 - 14:16

SunVault Energy Inc (OTCBB:SVLT) said yesterday it had agreed to buy 100% of the 1.5-MW Gregos Peloponnisoy solar park in the northern Greek municipality of Herso for about EUR 4.3 million (USD 5.9m).

Bulgaria Bill on South Stream Project in Breach of EU Law, Commissioner Says

Bulgaria Bill on South Stream Project in Breach of EU Law, Commissioner Says

Δευ, 28 Απριλίου 2014 - 13:06

The European Commission is concerned over the planned amendments to Bulgaria's energy legislation which affect the South Stream gas pipeline as they are in breach of EU law, European energy commissioner Guenther Oettinger's spokesperson said, as quoted by news portal EurActiv.