English Edition

Bulgaria’s NEK To Seek 15% Increase in Electricity Prices

Τρι, 27 Μαρτίου 2012 - 14:16

Bulgarian power grid operator NEK will seek an increase in electricity prices of at least 15% from July 1, the company's former head Mihail Andonov, who was appointed executive director of the state-owned Bulgarian Energy Holding (BEH) over the weekend, said.

Gaza Hit By Power Crisis As Fuel Runs Out Again

Δευ, 26 Μαρτίου 2012 - 17:30

The Gaza Strip's sole power station shuddered to a halt Sunday, leaving residents without current for long periods and endangering the lives of hospital patients, officials said.

US Solar Tariff Unlikely To Slow Chinese Companies In Long Run -Fitch

Δευ, 26 Μαρτίου 2012 - 17:29

U.S. anti-subsidy tariffs on Chinese exports of solar panels are unlikely to slow the pace at which Chinese companies are capturing U.S. market share, but they will likely slow their sales in the U.S. in the short term, Fitch Ratings said Monday.

Eni: New Giant Natural Gas Discovery Offshore Mozambique

Δευ, 26 Μαρτίου 2012 - 17:29

Eni SpA (E) Monday announced a new giant natural gas discovery in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect.

GDF Suez: Could Create As Many As 6,000 Jobs On French Windfarm

Δευ, 26 Μαρτίου 2012 - 17:28

French consortium comprising GDF Suez SA (GSZ.FR) and Vinci SA (DG.FR) and its industrial partner Areva SA (AREVA.FR) Monday said that would they be the successful bidder on three offshore windfarm tenders off Normandy, Northern France, the whole project would mobilize up to 6,000 jobs.

Nigeria Govt: GE To Invest $10B In Power Plants

Δευ, 26 Μαρτίου 2012 - 17:28

General Electric Co. (GE) has agreed to invest $10 billion in new power plants in Nigeria, that country's power ministry said Monday, Reuters reported on its website.

German Ruling Coalition Agrees Solar Subsidy Cuts

Δευ, 26 Μαρτίου 2012 - 17:27

Germany's ruling coalition has agreed solar subsidy cuts that are aimed at containing the rapid expansion of photovoltaic solar technology and the associated costs of subsidizing it, a person familiar with the matter said Monday.

Bulgaria Dismisses Head of Energy Holding Co

Δευ, 26 Μαρτίου 2012 - 13:04

Bulgaria's energy and economy minister has dismissed the executive director of the state-owned Bulgarian Energy Holding (BEH) Yordan Georgiev, the ministry said on Sunday.

Albania: Production of Electrical Energy Halved in 2011

Δευ, 26 Μαρτίου 2012 - 12:11

The production of electricity in Albania decreased by 47.4% in 2011 compared to the previous year, according to Albania’s Institute of Statistics.

Cyprus Signs Final Contract in Israel-Europe Power Cable

Δευ, 26 Μαρτίου 2012 - 12:10

The Cyprus state-owned electricity company signed an agreement Friday for the final leg of a 1.5 billion-euro Israel-to-Europe power cable that should be operational by 2016.

Bulgaria and Turkey Start Working on Natural Gas Pipeline

Δευ, 26 Μαρτίου 2012 - 11:57

A technical committee from Bulgaria has started working with Turkish staff on a natural gas pipeline between the two countries, Energy Minister Taner Yıldız said March 23 at a ceremony at Melikşah University in the central Anatolian province of Kayseri, Hurriyet Daily reports.