English Edition

Greek Wind co Eltech Anemos to Start IPO Next Week

Δευ, 7 Ιουλίου 2014 - 13:45

Eltech Anemos, the renewables arm of Greek construction group Ellaktor (ATH:ELLAKTOR), said today it will kick off its initial public offering (IPO) on the bourse in Athens next week, aiming to raise some EUR 6.2 million (USD 8.4m).

Westinghouse Seen Signing 3.59 Bln Euro Deal For New Unit At Bulgarian NPP

Παρ, 4 Ιουλίου 2014 - 15:00

U.S.-based Westinghouse Electric, controlled by the Toshiba Group, is expected to sign a 500 billion yen ($4.87 billion/3.59 billion euro) deal in the coming days to construct a nuclear reactor for Bulgaria's nuclear power plant (NPP) in Kozloduy, Japanese media reported on Thursday.

Greek co PPC Places Sole Bid for Hydro Power Project on Crna River in FYROM

Παρ, 4 Ιουλίου 2014 - 13:00

FYROM's environment ministry said on Thursday that Greek company Public Power Corporation (PPC) was the sole bidder in a tender for awarding concession for water utilization and power generation on Crna River in the country's south.

World Bank Approves $400 million for Turkey’s Gas Storage

Παρ, 4 Ιουλίου 2014 - 12:42

The World Bank has announced $400 million of additional financing for the first gas storage facility in Turkey’s underground salt formation.

EVN Group Sees 260.9 mln euro Effect on EBIT from Impairments in Bulgaria, FYROM

Πεμ, 3 Ιουλίου 2014 - 13:17

Austrian utility group EVN said on Wednesday the aggregate effect on its earnings before interest and tax (EBIT) from impairments in Bulgaria and FYROM will amount to 260.9 million euro ($356.6 million).

Additional US$400 million for Existing Gas Sector Development Project of Turkey

Πεμ, 3 Ιουλίου 2014 - 13:15

The World Bank’s Board of Directors approved an additional financing of US$400 million to the already existing Gas Sector Development Project of Turkey.

Romania's Hidroelectrica Posts 5-mo Gross Profit of 91.5 mln euro

Τετ, 2 Ιουλίου 2014 - 13:24

Romanian insolvent hydropower producer Hidroelectrica said on Tuesday it posted a five-month gross profit of 401 million lei ($125.2 million/91.5 million euro).

Turkey’s Energy Body Sets Up Stock Exchange

Τετ, 2 Ιουλίου 2014 - 13:23

Turkey’s Energy Marketing Regulatory Authority (EMRA) has set up an Istanbul-based energy stock exchange.

Yannis Maniatis: The Greek Mega Project for Hydrocarbon Exploration

Τρι, 1 Ιουλίου 2014 - 16:25

Greek Energy minister, mr. Yannis Maniatis, presented today in London the so called Greece’s Mega Project for the exploration of hydrocarbons in the Ionian Sea and Crete.

Bulgaria Raises Electricity Prices as of July 1

Τρι, 1 Ιουλίου 2014 - 14:43

The Bulgarian energy regulator said on Monday it will increase electricity prices for households as of July 1 by between 0.22% and 2.78% for customers of the three power distributing companies that operate in the country.

Pipeline Connecting Romania to Moldova is Complete

Τρι, 1 Ιουλίου 2014 - 14:23

Works on the pipeline connecting Iasi (Romania) to Ungheni (Republic of Moldova) have been completed on the Romanian side and Transgaz, the state-owned gas transmission company, will shortly take over the operation of the project, said Saturday Razvan Nicolescu, the delegate minister of energy, reports Mediafax newswire.

Construction of South Stream in Serbia is According to Plan - Chepurin

Τρι, 1 Ιουλίου 2014 - 14:22

The construction and putting into operation of the South Stream gas line in the territory of Serbia is going on according to plan, said Russian Ambassador to Serbia Alexander Chepurin. He told agency Itar-Tass that there were no obstacles on Serbia's part to that project.

ExxonMobil is in Shale Gas Talks with TPAO

Τρι, 1 Ιουλίου 2014 - 14:21

Investors from the United States, Europe and Canada are also interested in Turkey’s shale gas and oil, Selami İncedalcı, head of the Energy Ministry’s General Directorate of Petroleum Affairs told Reuters in an interview.

Spain's Gamesa Wins Contract from Greece's Terna Energy in Bulgaria, Poland

Δευ, 30 Ιουνίου 2014 - 15:26

Spanish wind turbine maker Gamesa said it has secured a contract with the Greek company Terna Energy to provide operation and maintenance services on 116 megawatt (MW) located in Poland and Bulgaria for a period of five years.

Oil, Gas Futures Prices Continue to Wane After Hitting Highs

Δευ, 30 Ιουνίου 2014 - 15:23

Oil and natural gas futures prices continued to wane after hitting highs earlier in the week.

TAP Issues Contract Notice for Supply of Gas Turbine Compressors in Greece and Albania

Παρ, 27 Ιουνίου 2014 - 18:59

Trans Adriatic Pipeline (TAP) is continuing its pre-qualification of potential suppliers for the construction of the 870km-long high pressure natural gas pipeline with its associated infrastructure across Greece, Albania, and Adriatic Sea with landfall in Southern Italy.