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Bosnia's Federation Cancels Tender for Adviser for Oil, Gas Concession

Παρ, 11 Ιουλίου 2014 - 12:10

The government of Bosnia’s Muslim-Croat Federation said on Thursday it has cancelled the tender for a consultant for advising it with regards to the planned award of a concession for oil and gas exploration.

Enel to Sell Romanian and Slovakian Assets to Raise 4.4 billion euro

Παρ, 11 Ιουλίου 2014 - 12:10

Italian electric power giant Enel on Thursday said it was planning to sell assets in Romania and Slovakia in a deal that would raise more than 4.4 billion euros.

PPC Selloff Bill Approved by Parl't Panel

Πεμ, 10 Ιουλίου 2014 - 14:07

A bill outlining the part-privatization of the Public Power Corporation (PPC) was approved at the committee level in Parliament on Friday with coalition MPs, from New Democracy and PASOK, voting in favor and opposition committee members rejecting the draft.

Russia to Invest $60-70 Bln in Gas Pipeline to China - Kremlin

Πεμ, 10 Ιουλίου 2014 - 13:05

The construction of Power of Siberia gas pipeline to supply Russian gas to China is expected to begin shortly, at a cost to Russia of $60-70 billion, Kremlin Chief of Staff Sergei Ivanov said Wednesday during his visit to China.

Cyprus CSP Project of 50 MW nabs EUR 60.2m in EU funds

Πεμ, 10 Ιουλίου 2014 - 12:16

The Eos concentrated solar power (CSP) project in Cyprus with a planned capacity of 50 MW yesterday received a EUR-60.2-million (USD 82m) grant under the European Commission’s (EC’s) NER 300 programme.

Loans Granted by Banks to Turkey's Energy Sector Have Increased by 32 Percent

Πεμ, 10 Ιουλίου 2014 - 12:15

Loans granted by banks to the energy sector have increased by 32 percent in the last year, according to data published by the Banking Regulation and Supervision Agency (BDDK) yesterday. As of the end of May, the total loans taken out by the energy sector, which has become hugely important to the country's growing economy and energy needs, had increased to TL 66.7 billion.

Gazprom Says Centrgaz Unit to Build South Stream Section in Serbia

Τετ, 9 Ιουλίου 2014 - 13:05

Russian gas major Gazprom said on Tuesday its Centrgaz unit has won a tender to build the Serbian section of the South Stream gas pipeline.

TAP Launches New Visual Identity to Signify New Phase of the Project

Τρι, 8 Ιουλίου 2014 - 17:33

The Trans Adriatic Pipeline (TAP) launched a new visual identity and website signifying the next phase of the project’s development, as preparations continue to build the 870km pipeline. TAP will be an important element of the Southern Gas Corridor, strategic gas value chain, which will transport natural gas from Azerbaijan to European markets.

Turkey's Installed Power Capacity Rises 11% y/y in H1

Τρι, 8 Ιουλίου 2014 - 12:01

Turkey’s total installed electricity generation capacity rose by 11% on the year to 66,632 megawatts (MW) in the first half of 2014, the country’s energy ministry said.

Lavrov Calls for Excluding South Stream from EU Third Energy Package

Τρι, 8 Ιουλίου 2014 - 12:00

Visiting Russian foreign minister Sergey Lavrov told his Bulgarian counterpart Kristian Vigenin that the South Stream pipeline should be excluded from the scope of the EU's Third Energy Package and that talks between Moscow and Brussels on the issue resume, the Sofia news Agency (Novinite.com) reported.

Bulgaria Supports South Stream Construction, Foreign Minister Says

Τρι, 8 Ιουλίου 2014 - 12:00

Bulgaria supports construction of the South Stream gas pipeline, Foreign Minister Kristian Vigenin said on Monday after talks with Russian counterpart Sergei Lavrov. The ministers’ meeting was held behind closed doors.

Greenpeace Activists Say No to Fracking in Romania

Τρι, 8 Ιουλίου 2014 - 11:58

Around 20 Greenpeace activists have blocked access to a shale gas exploration site in Romania, in a third attempt to scupper the drilling operations of US energy group Chevron.

Ukraine Can Survive Winter Without Russian Gas if Consumption Reduced by 20% - Naftogaz

Δευ, 7 Ιουλίου 2014 - 13:45

Reducing gas consumption by one-fifth would be enough for Ukraine to survive the winter, without buying gas from Russia, the head of Ukraine’s state-run oil and gas company Naftogaz, Andriy Kobolev, said Friday.