English Edition

EU is Blocking South Stream Partners- Novak

Παρ, 20 Ιουνίου 2014 - 12:59

Russian Energy Minster Alexander Novak said on Thursday some partners in the South Stream gas pipeline project had come under pressure from the European Union, Interfax news agency reported on Thursday.

The Global Green Technology Market is Expected to Double

Παρ, 20 Ιουνίου 2014 - 12:58

The global green technology market is expected to double to a value of EUR 4.4 trillion in the next ten years. But where do traditional industry sectors find themselves in this brave new world? And how can green start-ups thrive? Styria's Green Tech Valley has shown that with some imagination and R&D, heavy industry and eager newcomers alike can find a place in the green revolution.

Nordex Receives Orders for 44.4 MW of Wind Turbines in Turkey

Πεμ, 19 Ιουνίου 2014 - 12:18

German wind turbine maker Nordex SE said on Wednesday it has received three orders to supply Turkish energy firms Sancak Enerji, Yeni Enerji and Bicakcilar Enerji with a total of 44.4 megawatts (MW) of wind turbines for their first wind projects.

Romania Regulated Electricity Prices Expected to Drop

Πεμ, 19 Ιουνίου 2014 - 12:17

Emil Calota, vicepresident of Romania's National Agency for Energy Regulation (ANRE), announced on Wednesday that regulated electricity prices will drop starting with July 2014, Mediafax reports.

Zoltav Resources has Bought Cyprus' Royal Atlantic Energy for $180m

Πεμ, 19 Ιουνίου 2014 - 12:16

Russian oil and gas explorer and producer Zoltav Resources has bought Royal Atlantic Energy (Cyprus) for $180m.

Croatia Prepares Onshore Oil, Gas Exploration Tender

Τετ, 18 Ιουνίου 2014 - 13:25

Croatia is preparing its first tender for onshore oil and gas exploration and production which will target the Podravina and Posavina locations, in the basins of the Drava and Sava rivers, the country's economy minister Ivan Vrdoljak said on Tuesday.

Bulgaria is Ready to Secure Gas for a Maximum Period of Time

Τετ, 18 Ιουνίου 2014 - 13:21

“The Bulgarian government is ready to secure gas for a maximum period of time, at least 3-4 months. There is a decision of the Council of Ministers to inject additional gas quantities in UGS Chiren. We have ideas for alternative supplies”, said Bulgaria's Deputy Prime Minister on Economic Development Daniela Bobeva in response to a journalist's question regarding Russia-Ukrain gas supply disputes.

Serbia Will Continue Construction of the South Stream Pipeline in July

Τετ, 18 Ιουνίου 2014 - 13:20

Russian Foreign Minister Sergei Lavrov said Serbia will continue construction of the South Stream pipeline in July as Norwegian gas company Statoil told the European Union it will help with gas supplies. Russia cut off gas to Ukraine on Monday, which could affect Europe’s gas supply.

Total E&P Bulgaria Invites Bids for Offshore Well Drilling Services

Τρι, 17 Ιουνίου 2014 - 12:14

Total E&P Bulgaria, the Bulgarian unit of France’s Total, has opened a tender for offshore drilling services for two wells at Bulgaria’s 1-21 Han-Asparuh offshore exploration block, a tender notice indicated.

Romania's Oil Production Increased by 4 percent

Τρι, 17 Ιουνίου 2014 - 12:13

Romania’s oil production increased by 4 percent last year, to 86,644 barrels a day. This is the first growth in the country’s oil production since 1994, when it produced 145,370 barrels a day. The largest oil production ever recorded in Romania was in 1977, of 313,541 barrels a day.

No Major Iraqi Supply Disruptions So Far: Obama

Δευ, 16 Ιουνίου 2014 - 12:49

President Barack Obama said today the US has seen no indication that fighting in Iraq has caused major disruptions in oil flows. But Washington will consult with Mideast Gulf producers about making up for any potential shortfalls.

EU Assists Albania to Improve the Reliability of Electricity Supply

Δευ, 16 Ιουνίου 2014 - 11:45

As reported by Western Balkans Investment Framework, over the last 15 months, the project team, working in close cooperation with the beneficiaries in Albania, undertook the study work and prepared system analyses and detailed technical assessmentof the project, financial and economic assessments, financing and procurement plans, projectimplementation plan, and environmental and social impact assessment of the project.

Europeans Seeking Iranian Gas Supplies

Δευ, 16 Ιουνίου 2014 - 11:44

Informed sources said on Sunday Switzerland recently approached the Iranian Oil Ministry officials for the start of negotiations over importing gas, Fars News Agency reported.