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Serbia Could Lose EU Pipeline Funds if Fails to Reform Gas Firm-Watchdog

Τρι, 22 Μαρτίου 2016 - 16:45

Serbia could lose European Union funding for a major pipeline project if it fails to reform indebted gas company Srbijagas by July, an organisation in charge of extending the EU's energy policy to would-be member states said on Monday

Oil Producers Want to Prop Up Prices

Παρ, 18 Μαρτίου 2016 - 09:14

The Organization of Petroleum Exporting Countries and non-OPEC members will meet on April 17 in Doha in a bid to stabilise falling crude prices, Qatar’s Energy Minister Mohammed Bin Saleh Al-Sada reportedly said on March 16

Germany's KfW Lends 60 Mln Euro to Bosnia for Wind Farm Project - FIPA

Παρ, 18 Μαρτίου 2016 - 08:59

German development bank KfW is providing a loan of 60 million euro ($66.4 million) to fund the Hrgud 48 MW wind farm in Bosnia's Serb Republic, the country's Foreign Investment Promotion Agency (FIPA) said on Wednesday

SunEdison Delays Release of 2015 Annual Financial Report

Παρ, 18 Μαρτίου 2016 - 08:58

Another chapter in the increasingly compelling page-turner that is SunEdison’s operations was written today following the company’s announcement that it is delaying the filing of its 2015 financial report

Oil Prices Rise on Producers’ Plan to Discuss Output Limits

Τετ, 16 Μαρτίου 2016 - 18:04

Oil prices wavered after new government data Wednesday showed some disappointing signs on demand, but the market is still holding to gains tied to a meeting among exporters who may cap their output

Russian Oil Giant Will Close Deal on 49% Stake in India's Essar Oil Refinery in 2016 — CEO

Τετ, 16 Μαρτίου 2016 - 18:03

Russia’s oil major Rosneft plans to close the deal on purchase of a 49% stake in the Indian Essar Oil refinery in 2016, President and Chairman of the management board Igor Sechin said Wednesday

EU Wants Gazprom Anti-Trust Answers Over Bulgaria Gas

Τετ, 16 Μαρτίου 2016 - 18:02

The European Commission sent Russian gas monopoly Gazprom a formal request in February to provide information in connection with an alleged violation of antitrust legislation in gas supplies by its affiliated companies in Bulgaria, Interfax quoted Gazprom as saying on March 15 in a memorandum for a new Eurobond offering

Croatia's HEP, Japan's Marubeni Talks on Plomin C Project Close to Wrapup - Report

Τρι, 15 Μαρτίου 2016 - 13:20

Croatian state-owned power utility group HEP and Japan's Marubeni are close to completing negotiations on the construction and management of the Plomin C thermal power plant (TPP), local media reported on Monday

OPEC Trims 2016 Outlook for Its Oil

Τρι, 15 Μαρτίου 2016 - 13:19

OPEC expects lower demand for its oil in 2016 than it previously forecast. The oil cartel's crude demand forecast was revised down by 100,000 barrels per day for the full-year, slightly lower than its estimate last month, according to a report released Monday

Putin Orders to Begin Withdrawal of Russian Forces from Syria Starting March 15

Τρι, 15 Μαρτίου 2016 - 13:07

Russian President Vladimir Putin has issued an order to begin withdrawal of Russian forces from Syria starting from March 15. "I think that the tasks set to the defense ministry aregenerally fulfilled. That is why I order to begin withdrawal of most of our military group from Syria starting from tomorrow," Putin said on Monday

IEA Sees Signs Oil Prices Might Have Bottomed Out

Παρ, 11 Μαρτίου 2016 - 19:19

Crude-oil prices may have "bottomed out” as Iran’s return to the market has been less dramatic than the country promised, and OPEC production fell in February, the International Energy Agency said on Friday

5 Years After Fukushima Disaster, the Commission Clears EDF – CGN Nuclear Partnership

Παρ, 11 Μαρτίου 2016 - 19:19

A discussion over decommissioning funds was raised during the Midday briefing, as the European Commission announced the approval of merger between Électricité de France (‘EDF’) of France and China General Nuclear Power Group (‘CGN’) of China in relation to the development, construction and operation of three nuclear power plants in the UK at Hinkley Point, Sizewell and Bradwell

TAP Awards Onshore Construction Contracts for Albanian and Greek Pipeline Sections

Δευ, 7 Μαρτίου 2016 - 16:48

The Trans Adriatic Pipeline AG (TAP) has awarded the contracts for the engineering, procurement and construction (EPC) of approximately 760km of cross-country onshore pipeline - 48 inches (1.2m) in diameter - in Greece and Albania. TAP’s construction is split into five lots (or sections) – three lots in Greece and two lots in Albania