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Turkeys Petkim to Raise Capital of Unit Petlim by 81%

Turkey's Petkim to Raise Capital of Unit Petlim by 81%

Τετ, 19 Νοεμβρίου 2014 - 18:45

Turkish petrochemicals major Petkim Petrokimya Holdings said it has decided to raise the capital of its wholly-owned port operating unit Petlim Limancilik by 80.7% to 150 million Turkish lira ($68 million/54 million euro)

Turkey Extends Bidding Deadline for Three Thermal Power Plants

Turkey Extends Bidding Deadline for Three Thermal Power Plants

Τρι, 18 Νοεμβρίου 2014 - 16:26

Turkey’s Privatization Administration said it has extended the deadline for submission of bids for the privatization of three thermal power plants with combined capacity of 1,565 megawatts (MW), all located in western Turkey

Romania’s Nuclearelectrica 9-Mo Net Profit Drops 68%

Romania’s Nuclearelectrica 9-Mo Net Profit Drops 68%

Τρι, 18 Νοεμβρίου 2014 - 16:23

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said its nine-monthnet profit dropped 68%to 99.8 million lei ($28.2million/22.6million euro) hurt bylower power prices and a newtax introduced at the beginning of the year

Carlsberg Unit Merges With Greek Olympic Brewery

Carlsberg Unit Merges With Greek Olympic Brewery

Τρι, 18 Νοεμβρίου 2014 - 14:53

In a move to bolster its position in Greece, Carlsberg says its local brewer will merge with Greek beer-maker Olympic Brewery and hold a 51-percent share in the new company

Sefcovic Demands Stronger Energy Diplomacy

Sefcovic Demands Stronger Energy Diplomacy

Δευ, 17 Νοεμβρίου 2014 - 19:01

European Commission Vice-President for the Energy Union Maros Sefcovic said that improving Europe’s diplomatic relationships with other nations is fundamental to strengthening Europe’s energy security

Romanias Rompetrol Rafinare Swings to Profit in Q3

Romania's Rompetrol Rafinare Swings to Profit in Q3

Δευ, 17 Νοεμβρίου 2014 - 19:01

Romania's Rompetrol Rafinare said on Friday itturned to a net profit of$5.2million (4.2 million euro) in the thirdquarterfrom a loss of $7.7 million a year earlier,while turnover grew8.0% to $1.55 billion

Croatias Dalekovod Managers Approve Issue of Bonds

Croatia's Dalekovod Managers Approve Issue of Bonds

Δευ, 17 Νοεμβρίου 2014 - 18:59

Croatian power transmission equipment maker Dalekovod said on Friday its management has approved issuing corporate bonds worth 16.18 million kuna ($2.6 million/2.1 million euro) and 1.24 million euro ($1.54 million)

Romanias Transelectrica 9-Mo Net Profit Surges 130%

Romania's Transelectrica 9-Mo Net Profit Surges 130%

Δευ, 17 Νοεμβρίου 2014 - 18:56

Romanian power grid operator Transelectrica said on Friday its net profit surged 130% to303 million lei ($85.3 million/68.5million euro) in the first nine months of 2014 as revenuegrew faster than costs

EU Energy Union Chief To Tackle South Stream

EU Energy Union Chief To Tackle South Stream

Παρ, 14 Νοεμβρίου 2014 - 19:57

European Commission Vice-President for Energy Union Maros Sefcovic from Slovakia said the European Union plans to discuss with member states the controversial issues concerning the planned South Stream gas pipeline

Romanias OMV Petrom Invests 30 Mln Euro in Tazlau Oil Field

Romania's OMV Petrom Invests 30 Mln Euro in Tazlau Oil Field

Παρ, 14 Νοεμβρίου 2014 - 19:56

Romania's top oil and gas group, OMV Petrom, said on Thursday it will invest around 30 million euro ($37.4 million) by the end of 2015 in the development of Tazlau oil field, in the northeastern county ofBacau