English Edition

Net FDI in Montenegro up 31% in Jan-April

Net FDI in Montenegro up 31% in Jan-April

The net inflow of foreign direct investment (FDI) in Montenegro increased by 30.6% on the year to a preliminary 111.8 million euro ($125.1 million) in the first four months of the year, central bank data indicated.

IMF to Visit Serbia for Second SBA Review Aug 20-30

IMF to Visit Serbia for Second SBA Review Aug 20-30

A mission from the International Monetary Fund (IMF) will visit Serbia between August 20 and 30 for a second review of its precautionary stand-by arrangement (SBA) with the fund, the Eastern European country's finance minister Dusan Vujovic said on Thursday.

France Spain Portugal to Push Mid Cat Pipeline

France Spain Portugal to Push Mid Cat Pipeline

In an effort to boost EU energy diversification, France, Spain and Portugal are expected to seal a deal early next week to increase exports of Algerian gas to Europe.

Natural Gas in China Likely to Remain a Buyer’s Market

Natural Gas in China Likely to Remain a Buyer’s Market

The oil and gas sector in Europe has been a buyer’s market for some time. China’s market is following. All factors converge to price deceleration. It is a buyer’s market, globally.

Ascent Resources Secures Provisional Eco Permit for Slovenian Gas Project

Ascent Resources Secures Provisional Eco Permit for Slovenian Gas Project

UK-listed oil and gas production and exploration company Ascent Resources said on Wednesday it has received a provisional Integrated Pollution Prevention and Control Permit from Slovenia’s Environmental Agency for the installation of a gas gathering and separation station (GGSS) at its Petisovci field.

Elektrodistribucija Banja Luka Plans to Invest in New Distribution Network

Elektrodistribucija Banja Luka Plans to Invest in New Distribution Network

Elektrodistribucija Banja Luka, a unit of Bosnian power distribution company Elektrokrajina, plans to invest 1.7 million marka ($1 million/900,000 euro) in the construction of new distribution infrastructure in Banja Luka, local media reported on Wednesday.

Croatias Dalekovod Poised for 45 Mln Euro Deal in Ukraine

Croatia's Dalekovod Poised for 45 Mln Euro Deal in Ukraine

Croatian power transmission equipment maker Dalekovod said on Tuesday it has been formally notified by Ukrainian national transmission network operator Ukrenergo it has won a 45 million euro ($50.6 million) transformer station upgrade deal.

Kazakhstan Aims to Cut CO2 Emissions as Paris Summit Nears

Kazakhstan Aims to Cut CO2 Emissions as Paris Summit Nears

The government of the Central Asian republic of Kazakhstan is looking to crack down on greenhouse gas emissions. That will affect all industrial enterprises, but mostly, the oil and gas, metallurgy, and electricity sectors.

Iran’s FM Meets EU Counterparts in Luxemburg

Iran’s FM Meets EU Counterparts in Luxemburg

Iran’s nuclear programme was discussed by the country’s foreign minister, Mohamad Javad Zarif, and his German and French counterparts, on the sidelines of the June 22 meeting of top European Union diplomats in Luxembourg.

Greece and The EU: Close to a Revolving Interim Deal

Greece and The EU: Close to a Revolving Interim Deal

The people of Greece, after a long period of relaxing nirvana, suddenly entered into a phase of mass hysteria that divided them into two camps: those who want to stay in the European Union and the Eurozone at any cost and those who have declared war against Greece’s European partners and fervently support a Grexit and the return to the drachma.

EU Scrutiny For Russian Pipeline Through Greece

EU Scrutiny For Russian Pipeline Through Greece

A Gazprom-driven pipeline that wants to bring Russian gas to Europe through Greece and Turkey will have to comply with EU law, European Commission’s Vice President for Energy UnionMaros Sefcovic told New Europe on June 20.