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Serbia's C-Bank Cuts Key Repo Rate to 6.5%

Τρι, 12 Μαΐου 2015 - 16:25

Serbia's central bank said on Monday it decided to cut the key repo rate to 6.5% from 7%.

Putin - Xi Plan Russia - China Energy Team

Δευ, 11 Μαΐου 2015 - 17:16

Russian President Vladimir Putin and Chinese leader Xi Jinping oversaw the signing of 32 contracts on May 8, including energy, trade and finance deals aimed at strengthening economic ties.

Formal Launch Held for Works on Krnovo WPP in Montenegro

Δευ, 11 Μαΐου 2015 - 15:48

Montenegro's Krnovo Green Energy has marked the official start of construction works on the 72 MW Krnovo wind power plant (WPP) with an estimated investment value of 120 million euro ($134.8 million), local media reported on Friday.

PHX Energy Services Activity in Albania Falls in Q1

Δευ, 11 Μαΐου 2015 - 15:47

Canada-based PHX Energy Services said its activity in Albania fell by 42% measured by operating days in the first quarter of 2015 compared to the same period a year earlier.

Bulgarian Electricity Company NEK Turns to Q1 Pre-Tax Profit of 12.8 Mln Euro

Δευ, 11 Μαΐου 2015 - 15:44

Bulgaria's state-owned National Electricity Company (NEK) said on Thursday it turned to а pre-tax profit of 25 million levs ($14.4 million/12.8 million euro) in the first quarter of the year from a pre-tax loss of 93.8 million levs a year earlier.

Putin Offers Greece Pipeline Financing Help

Παρ, 8 Μαΐου 2015 - 19:48

Greece’s Prime Minister Alexis Tsipras and Russian President Vladimir Putin discussed a natural gas pipeline across Greek territory on May 7, the same day Russian gas monopoly Gazprom and Ankara reached an agreement on operational commissioning and the start of gas deliveries via Turkish Stream in December 2016.

Hunt Oil - Noble Energy - Anadarko - ExxonMobil Eye Bulgarian Offshore Tenders

Παρ, 8 Μαΐου 2015 - 19:43

US-based companies Hunt Oil and Noble Energy have serious interest in taking part intenders for oil and gas exploration in two blocks in the Black Sea, Bulgaria's ruling party GERB party said on Thursday.

EU Interested in Funding Serbia-Bulgaria Gas Link

Παρ, 8 Μαΐου 2015 - 19:41

The European Commission (EC) is interested in funding major infrastructure projects in Serbia, including a gas interconnection with Bulgaria, the government in Belgrade said on Thursday, quoting EU commissioner for European neighbourhood policy and enlargement negotiations Johannes Hahn.

Romania's Petrolexportimport Turns to Non-Cons Net Loss in 2014

Παρ, 8 Μαΐου 2015 - 19:38

Romanian oil trader Petrolexportimport, said it turned to a net loss of 1.366 million lei ($343,500/308,400 euro) in 2014 from a net profit of 351,800 lei a year earlier.

Gazprom Eyes Asia-Pacific markets

Πεμ, 7 Μαΐου 2015 - 20:00

Russian energy monopoly Gazprom said it will work with PetroVietnam to drill a deepwater exploration well off the Vietnamese coast.

Romania's N-Plant to Shut Down Unit for Maintenance

Πεμ, 7 Μαΐου 2015 - 19:24

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Wednesday it will disconnect from the national power grid one of its units for plannedmaintenance.

Croatia's INA Plans Dividend of 15 Kuna (1.98 euro)/Share

Πεμ, 7 Μαΐου 2015 - 19:23

Croatian oil and gas company INA, said on Wednesday it plans to pay a dividend of 15 kuna ($2.2/1.98 euro) per share.

A One-Day Conference on The Nuclear Option for SE Europe Bucharest May 6 2015

Πεμ, 7 Μαΐου 2015 - 19:22

In view of the current debate on European energy market integration and latest global energy developments, IENE in cooperation with the Romania Energy Centre (ROEC) is convening a one day conference in Bucharest, Romania on May 6, 2015 to discuss “The Nuclear Option for SE Europe” in the context of energy security and EU’s goal for an Energy Union.