English Edition

Bulgaria Set To Get Extra 260 Mln Euro from EU for Kozloduy NPP Decommissioning

Δευ, 11 Φεβρουαρίου 2013 - 14:00

The EU plans to disburse a further 260 million euro ($352.2 million) in assistance to Bulgaria until 2020 to support the decommissioning of nuclear power plant (NPP) Kozloduy's old reactors, the EUobserver reported.

China Mulls Raising Natural Gas Prices in Some Areas

Πεμ, 7 Φεβρουαρίου 2013 - 16:19

China is considering increasing natural-gas prices in high-demand areas such as the eastern provinces of Zhejiang and Jiangsu and the city of Beijing, the state-owned China Securities Journal reported Thursday.

India's Solar Power Program Complies With WTO Rules - Official

Πεμ, 7 Φεβρουαρίου 2013 - 16:18

India's program to increase solar power generation doesn't discriminate against foreign equipment makers and complies with World Trade Organization, a senior government official said Thursday.

Ukraine Doesn't Consider Reasonable $7B Payment To Gazprom

Πεμ, 7 Φεβρουαρίου 2013 - 16:18

Ukraine doesn't see why it should pay a $7 billion bill from Russia's OAO Gazprom (GAZP.RS), Ukraine's energy and coal industry minister said Thursday, Interfax reported.

Statoil Sees Lower Production

Πεμ, 7 Φεβρουαρίου 2013 - 16:18

STATOIL (STO), a Norwegian oil and gas company, said Thursday it expected production to fall in 2013 because of the terror attack on its facility in Algeria and lower gas output in the U.S. and Europe, but posted higher-than-forecast net profit for the fourth quarter.

Parlt to Vote on Bulgaria’s Withdrawal from Burgas-Alexandroupolis Project

Πεμ, 7 Φεβρουαρίου 2013 - 13:47

The Bulgarian government said it will propose to parliament to cancel an agreement between Bulgaria, Greece and Russia for cooperation in the construction of Burgas-Alexandroupolis oil pipeline project.

Eni Discovers New Oil in Egypt's Western Desert

Τετ, 6 Φεβρουαρίου 2013 - 18:01

Eni SpA (E) Wednesday said it has discovered new oil in the Meleiha Concession in the Western Desert of Egypt.

Bosch Plans to Acquire Italian Energy Service Provider

Τετ, 6 Φεβρουαρίου 2013 - 18:00

German automotive technologies company Robert Bosch GmbH said Wednesday it plans to acquire Astrim Energia S.r.l., an Italy-based energy service provider.

Rosneft to Pay RUB5.4B for 12 Arctic Shelf Licenses - Regulator

Τετ, 6 Φεβρουαρίου 2013 - 18:00

Russian state-owned oil giant Rosneft (ROSN.RS) will pay about 5.4 billion rubles ($179.8 million) for 12 exploration licenses on the Arctic shelf, Russian regulator Rosnedra said on its website Wednesday.

Cyprus and Total Sign Contract for Hydrocarbon Exploration in Blocks 10 and 11

Τετ, 6 Φεβρουαρίου 2013 - 14:06

The Cypriot ministry of Commerce and French oil company, Total, signed today a contract concerning the realization of hydrocarbon exploration in the blocks 10 and 11 of the country’s EEZ.

Three Foreign Cos Buy Tender Papers for Oil, Gas Exploration on Bulgarian Offshore Block

Τετ, 6 Φεβρουαρίου 2013 - 13:43

Three foreign companies have bought documents to take part in a tender for awarding a licence for oil and natural gas exploration in the Bulgarian section of the Black Sea, the energy ministry said.

PPC Renewables Announces Three New Tenders for the 50 MW PV Plant in Megalopoli

Τετ, 6 Φεβρουαρίου 2013 - 13:38

PPC Renewables, the branch of Greek utility PPC, for the development of renewable energy projects, announced yesterday three new tenders for the 50MW photovoltaic project of Megalopoli.

Bulgaria's Bulgargaz Plans Expansion

Τετ, 6 Φεβρουαρίου 2013 - 12:39

Dimitar Gogov, CEO of state-owned gas supplier Bulgargaz, has said that the company is gearing up for expansion on gas markets.