English Edition

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.

After Failure in Brussels Iran Nuclear Talks Restart in Lausanne

Τρι, 17 Μαρτίου 2015 - 17:52

Top U.S. and Iranian diplomats returned to talks Tuesday, seeking to resolve differences blocking a deal that would curtail Iran's nuclear program and ease sanctions on the country. Among the issues they're now contending with is a Republican letter warning that any deal could collapse the day President Barack Obama leaves office.

Bosnia's Elektrodistribucija Non-Cons Net Profit Down 44% in 2014

Τρι, 17 Μαρτίου 2015 - 17:45

Bosnian power distributor Elektrodistribucija, said its non-consolidated net profit shrank to 129,600 marka ($70,000/66,300 euro) in 2014 from 231,300 marka a year earlier.

Slovenia's Petrol Plans Flat Dividend of 10.1 Euro/Share

Τρι, 17 Μαρτίου 2015 - 17:42

Slovenian energy company Petrol, said on Monday it plans to pay a gross dividend of 10.1 euro ($10.6) per share for 2014, on par with the payout for 2013.

Serbia's NIS Αwards Delayed Coker Unit Contracts to CB&I

Τρι, 17 Μαρτίου 2015 - 17:39

US energy infrastructure provider CB&I said on Monday it has signed with Serbian oil and gas company NIS a deal for the technology license and front end engineering design of a delayed coker unit at its Pancevo refinery.

Serbia's EMS Sees SEEPEX Power Exchange Launch by End-Q3

Δευ, 16 Μαρτίου 2015 - 16:45

The launch of Serbia's planned SEEPEX day-ahead power exchange is expected by the end of the third quarter this year, the director of state-owned power grid operator Elektromreze Srbije (EMS), Nikola Petrovic, said.