English Edition

Shipping Sector Concentrates But Still Expands Despite Crisis

Τετ, 17 Σεπτεμβρίου 2014 - 17:55

Concentration of the Greek-owned merchant fleet is resulting in the sector being controlled by ever fewer hands, although the fleet itself is continuing to expand despite the financial crisis and the uncertainty that has dogged the global shipping industry in recent years

Italy, Greece Approve TAP Environmental Studies

Τετ, 17 Σεπτεμβρίου 2014 - 17:46

On 12 September, Italy’s Minister of Environment Gianluca Galletti signed the Decree of environmental compatibility of the project submitted by Trans Adriatic Pipeline AG (TAP) for the Italian section of the pipeline, concluding another major milestone for the project, TAP said

Gazprom Injects 100 Million Euro into South Stream Transport B.V.

Τρι, 16 Σεπτεμβρίου 2014 - 17:28

The Board of Directors of Russian energy giant Gazprom decided on September 10 to inject 100 million euro into the capital of the South Stream Transport joint ventur

Turkey's Akfen Unit Brings Online 20.24 MW of Hydropower Capacity

Τρι, 16 Σεπτεμβρίου 2014 - 17:21

Turkish energy producer Elen Enerji Uretimi, part of local conglomerate Akfen’s hydropower group Akfenhes, has put into operation 20.24 megawatts (MW) of hydropower capacity, Akfen [BIST:AKFEN] said on Monday

Turkey: Energy Minister Disputes Report, Denies Involvement in ISIL Oil Trade

Τρι, 16 Σεπτεμβρίου 2014 - 17:17

Energy Minister Taner Yıldız on Monday denied a US media report that claimed Turkey was involved in oil trade with the Islamic State of Iraq and the Levant (ISIL), saying that such allegations are part of attempts to undermine Turkey's international reputation

Serbia to Raise Gas Prices by Avg 3.6% as of Oct 1

Δευ, 15 Σεπτεμβρίου 2014 - 15:35

Serbia's energy regulator, AERS, said on Thursday it has approved a hike in public supplygas tariffs of 3.6% on average as of October 1

Ship Equipment Makers Strike Deals With Foreign Shipyards

Δευ, 15 Σεπτεμβρίου 2014 - 15:33

Greek entrepreneurs involved in the shipping manufacturing sector are targeting customers on the international market like never before. The sector may be in crisis but Greek shipowners are blossoming and local marine equipment manufacturers are increasingly focusing their attention on exports

Russia to Create Anti-Crisis Fund to Aid Sanctions-Hit Companies

Δευ, 15 Σεπτεμβρίου 2014 - 15:29

Russia will create a multi-billion dollar anti-crisis fund in 2015 of money destined for the Pension Fund and some left over in this year's budget to help companies hit by sanctions, Finance Minister Anton Siluanov was quoted as saying on Monday

Bulgaria's Deputy PM: There Is No Agreement On South Stream Transit Fees

Δευ, 15 Σεπτεμβρίου 2014 - 15:28

As of now there is no signed agreement for the transit fees from the South Stream gas pipeline, Bulgaria's caretaker deputy PM Ekaterina Zaharieva told the bTV national channel

Greek Isles to be Connected to Grid

Δευ, 15 Σεπτεμβρίου 2014 - 15:26

French, Swedish, Italian and Greek companies this week signed contracts to install underground and subsea cabling to connect the Cyclades to the mainland grid. The connections will boost solar project development in the isalnds

Israel Eyes Pipeline to Export Natural Gas to Southern Europe

Παρ, 12 Σεπτεμβρίου 2014 - 12:52

Israel's foreign minister said on Wednesday the preferred way to export its recently discovered natural gas reserves to Europe would be via a pipeline to southern Europe.

Bulgaria's Kozloduv Electricity Would be Sold at a Rate of BGN 39/MWh (EUR 19)

Παρ, 12 Σεπτεμβρίου 2014 - 12:30

Westinghouse AP 1000 Unit in Bulgaria to Produce Electricity at BGN 39/MWh Plus The turnkey cost of the project is set at USD 5.3 billion which are to be covered by Kozloduy NPP.

Egypt Ratifies Treaty with Cyprus for Hydrocarbons

Παρ, 12 Σεπτεμβρίου 2014 - 12:29

The Cyprus Government welcomes with satisfaction the signing by the President of Egypt, Mr. Abdel Fattah al-Sisi, of the Presidential Decree which ratifies the framework agreement between the governments of Cyprus and Egypt regarding the development of hydrocarbon resources that stretch from the one side of the Median Line to the other.