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Romania Plans Public Offering for 15% of Lignite Energy Holding

Romania Plans Public Offering for 15% of Lignite Energy Holding

Πεμ, 8 Νοεμβρίου 2012 - 14:07

Romania plans to launch an initial public offering in a lignite-fired energy holding in 2013, hoping to list 15% and raise EUR400m, Constantin Balasoiu, one of the directors of power holding Oltenia was quoted saying by state news agency Agerpres, Reuters reported.

BP, Total, Statoil To Acquire TANAP Stakes

BP, Total, Statoil To Acquire TANAP Stakes

Τετ, 7 Νοεμβρίου 2012 - 16:51

U.K oil and gas company BP BLC (BP), together with France's Total SA (TOT) and Norway's Statoil ASA (STO) will acquire a combined 29% share in the Trans-Anatolian natural-gas pipeline project, or TANAP, from Azerbaijan's state energy company SOCAR, the SOCAR president said Wednesday.

Iraq Expels Turkeys TPAO from Exploration Deal

Iraq Expels Turkey's TPAO from Exploration Deal

Τετ, 7 Νοεμβρίου 2012 - 16:50

Iraq has decided to expel state-run Turkish Petroleum Corp., or TPAO, from an exploration oil block in southern Iraq, a senior Iraqi official said Wednesday.

Scandal Prompts South Korea to Investigate All Nuclear Reactors

Scandal Prompts South Korea to Investigate All Nuclear Reactors

Τετ, 7 Νοεμβρίου 2012 - 16:49

South Korea's nuclear watchdog said Wednesday it would carry out a rigorous inspection of all the country's 23 reactors after a scandal involving unvetted components fueled public fears about nuclear safety.

Serbia: New Renewable Tariffs to be Announced Soon

Serbia: New Renewable Tariffs to be Announced Soon

Τετ, 7 Νοεμβρίου 2012 - 12:36

Serbia's Minister of Energy, Development and Environmental Protection Zorana Mihajlovic announced that new incentive tariffs (feed-in) for the production of electricity from renewable energy sources will be known in ten days.

Romania has 750MW of Wind Farms in Testing Stage

Romania has 750MW of Wind Farms in Testing Stage

Τετ, 7 Νοεμβρίου 2012 - 12:33

A 250MW wind park entered into testing phase last week, taking the total wind capacities that are in testing stage to 750MW, said last week Zoltan Nagy-Bege, general manager of the energy regulator ANRE, during the AEEC (Associated European Energy Consultants) conference, which was organized by the law firm Pachiu & Associates.

25-35% Fee Set for All Photovoltaic Plants in Greece

25-35% Fee Set for All Photovoltaic Plants in Greece

Τρι, 6 Νοεμβρίου 2012 - 16:59

The new economy bill that was carried yesterday in the Greek parliament calls for significant changes in the energy sector, most notably in photovoltaics, where a fee of 25-35% on the sales of the companies involved is imposed. The decision has been met with fierce opposition by the business associations and environmental groups, who warn that it is going to lead to bankruptcies and layoffs.

Libyan Fund Interested in Struggling French Oil Refinery

Libyan Fund Interested in Struggling French Oil Refinery

Τρι, 6 Νοεμβρίου 2012 - 16:48

A Libyan sovereign investment fund has sent a letter officially expressing interest in taking over a struggling French oil refinery, as a local court is due to decide whether to order the liquidation of the plant.

Rosneft CEO Sechin On List Of Candidates For Board

Rosneft CEO Sechin On List Of Candidates For Board

Τρι, 6 Νοεμβρίου 2012 - 16:47

OAO Rosneft's (ROSN.RS) Chief Executive Igor Sechin is on the list of candidates for the company's board of directors that shareholders will vote on Nov. 30, Russian newswires reported Tuesday, citing Rosneft.

Gazprom, PGNiG May Cooperate on New Projects After Price Cut

Gazprom, PGNiG May Cooperate on New Projects After Price Cut

Τρι, 6 Νοεμβρίου 2012 - 16:47

Goodwill between Poland's PGNiG SA (PGN.WA) and Russia's OAO Gazprom (GAZP.RS) has risen as a result of a price cut the companies agreed on Monday for Russian gas, which opens possible new areas of cooperation, a PGNiG vice-president told reporters Tuesday.