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Hellenic Petroleum: Fourth Quarter 2014 Financial Results

Πεμ, 26 Φεβρουαρίου 2015 - 19:52

Record high production and exports, as well as the positive refining environment drive strong Group results. Significant negative impact on reported results from crude oil price decline HELLENIC PETROLEUM Group reported its strongest 4Q performance, leading to a FY Adjusted EBITDA of €417m (2013: €178m) and recording a positive Net Income.

Extension Agreement Stirs Controversy in Germany and Greece

Πεμ, 26 Φεβρουαρίου 2015 - 18:35

While the extension of the Greek bailout programme is stirring controversy, both in Athens and in Berlin, it is expected to be approved both by the German Bundestag and by the Greek Parliament.

ECB: 12 Billion Euros Flee Greek Banks in January

Πεμ, 26 Φεβρουαρίου 2015 - 18:33

Deposit flight from Greek Banks played a significant role in Greece's acceptance of a bailout extension, last week in the Eurogroup.

Russian Military Could Protect Interests in Arctic

Πεμ, 26 Φεβρουαρίου 2015 - 18:27

Russian Defence Minister Sergei Shoigu said his country may consider protecting its national interests in the resources-rich Arctic with military means if necessary.

Je t' Aime Moi Non Plus: Commission Tough on Greece Soft on France

Πεμ, 26 Φεβρουαρίου 2015 - 15:34

The European Commission gaveFranceuntil 2017 to get its budget deficit below an EU-imposed limit, sparing Paris a fine and giving it a new two-year grace period after it missed a second deadline to puts its finances in order.

Max Streicher - Led Tie - Up to Build Albania - Italy Power Interconnector

Πεμ, 26 Φεβρουαρίου 2015 - 15:34

Albania's energy ministry said on Wednesday it has signed an agreement with Germany's Max Streicher to set up a consortium to build a power interconnection line between Albania and Italy.

Germany's BMZ Invests 9.0 Mln Euro in GGF

Πεμ, 26 Φεβρουαρίου 2015 - 15:34

The German Federal Ministry for Economic Cooperation and Development (BMZ) is investing 9.0 million euro ($10.2 million) in the Green for Growth Fund, Southeast Europe (GGF) to be used to finance energy efficiency and small-scale renewable energy projects for businesses and households within the Southeast Europe and the European Eastern Neighbourhood regions, GGF said on Wednesday.

Bosnia 's TLG Plans 130 Mln Euro Vlasic Galica Wind Park Projects

Πεμ, 26 Φεβρουαρίου 2015 - 15:31

Bosnian company TLG doo Travnik is developing two wind park projects,Vlasic and Galica, with combined installed capacity of 100 MW, worth a total of 130 million euro ($148 million), the company's director said on Wednesday.

EU΄s Garbled Energy Union Plan

Τετ, 25 Φεβρουαρίου 2015 - 15:34

For lack of a political union, EU wants an energy union, but how to stimulate solidarity and trust at EU level? How to convince membersstates to trust each other in front of future energy disturbances?

Albania Bosnia FYROM to Adopt Natl Renewable Energy Action Plans Without Delay

Τετ, 25 Φεβρουαρίου 2015 - 15:15

The Energy Community,a Vienna-based international energy policy organization, said on Tuesday it has once more formally requested that Albania, Bosnia and Herzegovina and FYROM adopt and submit to it their National Renewable Energy Action Plans (NREAPs).

Montenegrin Power TSO Says Works on Lastva Substation to Start in April

Τετ, 25 Φεβρουαρίου 2015 - 15:12

Montenegrin power transmission system operator Crnogorski Elektroprenosni Sistem said on Tuesday the construction of the Lastva Grbaljska substation will start in April while works on the Cevo-Pljevlja powerline will be launched in August.

EES Group Invites Bids for Design of 6 SHPPs in Serbia

Τετ, 25 Φεβρουαρίου 2015 - 15:09

The Slovenian unit of Germany's EES Group has invited bids for the design and the preparation of the relevant paperwork for the construction of six small hydro power plants (SHPPs) in Serbia, a public notice indicated.

Merkel Queen - Varoufakis and Tsipras Kings of Google Search Trends

Τρι, 24 Φεβρουαρίου 2015 - 19:45

With the new Greek government negotiating at the ever-important Eurogroup and European Council meetings in January and February, we examined Google search volume for the most important figures.