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Fitch Downgrades Bulgarian Energy Holding to ' BB Places on RWN

Παρ, 20 Μαρτίου 2015 - 18:54

Fitch Ratings said it has downgraded Bulgarian Energy Holding's (BEH) long-term foreign and local currency issuer default ratings (IDR) and its foreign currency senior unsecured rating to 'BB' from 'BB+', and placed the ratings on rating watch negative (RWN).

EU Wants to Combat Moscow Disinformation Reduce Dependency on Russian Gas

Παρ, 20 Μαρτίου 2015 - 18:27

European Union leaders say they want to create a single energy market, in part to reduce the bloc's reliance on oil and gas from Russia.

Mini Summit on Greece Provides Temporary Relief

Παρ, 20 Μαρτίου 2015 - 18:00

With an agreement that may prove once again to be open to interpretation, Greek prime minister Alexis Tsipras, German chancellor Angela Merkel, French president Francois Hollande and the presidents of the European Council, the Commission, the Eurozone and the ECB managed, in the early hours of Friday, to avert the worst during their mini summit in Brussels.

Five Days of the Condor

Πεμ, 19 Μαρτίου 2015 - 19:34

Greece has reached the point of no return with only two options left;either to compromise or to confront its EU partners, with the government having finally understood the real situation and the Greeks still living in their wonderland.

EU - Russia - Ukraine to Kick Off Gas Talks

Πεμ, 19 Μαρτίου 2015 - 19:28

EU, Russia and Ukraine will hold trilateral talks in Brussels on Friday as the current deal is due to expire at the end of the month.

Bosnia's Federation Oks Issuing Energy Permits for Three Wind Park Projects

Πεμ, 19 Μαρτίου 2015 - 19:06

The government of Bosnia’s Muslim-Croat Federation said on Wednesday it has endorsed issuing energy permits for three wind park projects.

RWE Starts Supplying Gas to Business Customers in Croatia

Πεμ, 19 Μαρτίου 2015 - 19:05

RWE Hrvatska, a unit of German energy company RWE Group, has started offering gas supply services to business customers in Croatia through a newly set-up unit, RWE Plin, RWE Plin said on Wednesday.

The 5 Most Critical Days for Greece

Τετ, 18 Μαρτίου 2015 - 17:53

The Greek Press has already dubbed it “the 5 most critical days in Greece's post WWII history”. As the Athens government seems to be once again in a collision course, after yesterday's special EuroWorking Group meeting, allegedly convened at the request of German Finance minister, Wolfgang Schaeuble, “crashed and burned” according to a source close to the participants.

Low Demand for Renewable Energy Sources in Slovakia

Τετ, 18 Μαρτίου 2015 - 17:48

There is little demand for renewable energy sources in Slovakia. Experts blame a lack of publicinformation and not enough support schemes to promote the household use of renewableenergy.

Oil Pumps Keep Working but Prices Keep Dropping

Τετ, 18 Μαρτίου 2015 - 17:44

On March 18, concerns for rising global supply continued to push oil prices lower to a new six-year low.

Bulgarians Rank Energy as Least Competitive Sector

Τετ, 18 Μαρτίου 2015 - 17:38

Bulgarian citizens consider energy to be the least competitive sector in the country, data from a Eurobarometer survey showed on Tuesday.

Albania to Launch Oil Gas Exploration Concessions for Three Onshore Blocks

Τετ, 18 Μαρτίου 2015 - 17:35

Albania plans to launch oil and gas exploration concession procedures for three onshore blocks in the near future, the country's energy minister Damian Gjiknuri said on Tuesday.

Albania's Crude Oil Output Rises to 1.4 Mln t in 2014

Τετ, 18 Μαρτίου 2015 - 17:31

Crude oil production in Albania rose to 1.4 million tonnes in 2014 from 1.2 million tonnes a year earlier, the country's energy minister Damian Gjiknuri said on Tuesday.

Albania Vows to Rescue Privatization of State Oil Company Albpetrol

Τετ, 18 Μαρτίου 2015 - 15:41

Albania's prime minister says his government is determined to conclude the troubled privatization of state oil company Albpetrol by the end of the year, in an appeal to investors to seek opportunities in the country's energy market.

Five Party Summit on Greece Before European Summit on Thursday

Τρι, 17 Μαρτίου 2015 - 18:05

Greece might not be included at the official agenda of the European Summit, Thursday and Friday, but, according to Greek sources, a five party meeting has been scheduled before the start of the summit in order to discuss the issues of liquidity and the progress of the Greek programme.

Kazakhstan China to Build Mini LNG Plants Network for Motor Vehicles

Τρι, 17 Μαρτίου 2015 - 17:59

A Chinese company is prepared to share its experience on converting public and individual motor transport to natural gas. While Kazakhstan is just discussing and making the first steps towards converting motor transport to the cleaner and more economical (compared to gasoline) natural gas, the neighbouring China has long resolved this problem.