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Serbias NIS Commissions 2.0 MW in Cogeneration Power Plants

Serbia's NIS Commissions 2.0 MW in Cogeneration Power Plants

Serbian oil and gas company NIS said on Friday it has commissioned two cogeneration power plants in the northern Serbian town of Srbobran with a combined gross electric output capacity of 2.0 megawatts (MW)

OPEC Keeps Pumping, Vexing Putin, Iran

OPEC Keeps Pumping, Vexing Putin, Iran

Despite the steep fall in oil prices in recent months, the Organization of the Petroleum Exporting Countries (OPEC) oil producers on November 27 decided not to cut petroleum production

TEIAS Awards 64 Mln Euro Subsea Powerline Deal to Turkish -I talian JV

TEIAS Awards 64 Mln Euro Subsea Powerline Deal to Turkish -I talian JV

Turkish state-owned power producer TEIAS has invited a joint venture between Turkish cable maker Turk Prysmian and Italy’s Prysmian Powerlink to sign a 63.6 million euro ($79.3 million) deal for a subsea power line across the Dardanelles strait in northwestern Turkey, Turk Prysmian said

Ogorje WPP Project in Croatia to Cost 72 mln euro

Ogorje WPP Project in Croatia to Cost 72 mln euro

Erste Group Bank AG together with its Croatian unit Erste&Steiermaerkische Bank has signed a deal to provide funds for the construction of the 72 million euro ($90 million) Ogorje wind farm in Croatia, Erste Group Bank said on Thursday

General Strike Shuts Down Services Across Greece

General Strike Shuts Down Services Across Greece

A 24-hour general strike in Greece shut down services across the country, forcing flight cancelations and school closures and leaving state hospitals functioning with emergency staff, while thousands of protesters marched in central Athens

About 17.1 Mln Shares of Romanias OMV Petrom Trade on Bourse

About 17.1 Mln Shares of Romania's OMV Petrom Trade on Bourse

Nearly17.15 million shares of Romanian oil and gas group OMV Petrom, equal to a 0.03% stake, changed hands for7.3 million lei ($2.1 million/1.64 million euro) on the Bucharest bourse on Wednesday, stock exchange data showed

Germany’s Wpd Aiming to Crack Montenegro’s Wind Power

Germany’s Wpd Aiming to Crack Montenegro’s Wind Power

Germany’s wpd is aiming to develop a project for a 50 megawatt (MW) wind power plant (WPP) in Montenegro that may well beat to the launch competitors that have a head start, the chief of project development at wpd said

Juncker’s Investment Plan: Hope After Years of Stagnation

Juncker’s Investment Plan: Hope After Years of Stagnation

Back in July, Jean-Claude Juncker had promised in front of theParliament an investment plan of 300 billion euros. Today, he presented his plan, earlier than foreseen, and one daybefore the symbolic motion of confidence on his Commission

Russia Offers a Helping Hand to OPEC as Price Slides

Russia Offers a Helping Hand to OPEC as Price Slides

Brent crudeoil prices steadied near $80 a barrel on November 25 ahead of a key meeting of the Organization of the Petroleum Exporting Countries (OPEC) oil producers to decide on oil production levels for 2015