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EBRD Investments in Serbia may top 1.0 bln euro in 2014-2018

Τρι, 15 Απριλίου 2014 - 13:05

The European Bank for Reconstruction and Development (EBRD) plans to provide at least 1.0 billion euro ($1.38 billion) in funds to Serbia in 2014-2018, focusing on boosting the competitiveness of private businesses, strengthening the banking sector and upgrading the energy and infrastructure sectors, the lender’s country director for Serbia said.

Sole 40% CO2 Cut Target Will Cut EU GDP by 2030

Δευ, 14 Απριλίου 2014 - 12:37

EU plans for a sole binding 40% greenhouse gas reduction target by 2030 will lead to a drop in the continent’s GDP of between 0.1% and 0.45% on current trends, according to an overlooked passage in the impact assessment which accompanies the proposal.

Fitch: EU's Latest Guidelines Add Price Risks for Renewables Projects

Δευ, 14 Απριλίου 2014 - 12:04

The European Commission's latest guidelines on support for renewable energy will weaken the risk profile of new projects by exposing them to both price and volume risks, Fitch Ratings says. In the longer term, however, the guidelines should help provide a stable regulatory environment by reducing the risk of incentives becoming unsustainable.

Gazprom: Bulgaria Can Receive Russian Gas for at Least Another 70 Years

Δευ, 14 Απριλίου 2014 - 12:03

Bulgaria will receive Russian gas for at least another 70 years, production complex number 22 Gazprom Dobycha Urengoy Deputy Director Oleg Kabanov informed.

Bulgaria’s Mini Maritza Iztok Coal Output Rises to 7.24 mln tonnes in Q1

Δευ, 14 Απριλίου 2014 - 11:57

Bulgarian mining complex Mini Maritza Iztok said on Friday its coal output amounted to 7.24 million tones in the first quarter of 2014, an increase of 1.39 million tones compared to the same period a year earlier.

Bosnia΄S BH-Gas Seeks to Borrow 5.1 Mln Euro via Tender

Παρ, 11 Απριλίου 2014 - 18:26

Bosnian gas monopoly BH-Gas said it is seeking to obtain loans totalling 10 million marka ($6.4 million/5.1 million euro) via a tender to improve its own liquidity

Romania Aims to Raise up to $1.0 bln in Electrica IPO

Παρ, 11 Απριλίου 2014 - 13:18

Romanian plans to raise between $800 million and $1.0 billion (576.3-720.4 million euro) in the initial public offering (IPO) of state-owned power supplier and distributor Electrica, a government draft decision showed.

GWEC Expects Wind Farm Installations of at Least 47 GW in 2014

Παρ, 11 Απριλίου 2014 - 12:48

The Global Wind Energy Council launched its Global Wind Report – Annual Market Update, updating the status of the global industry, along with market projections for the years 2014-2018.

Cypriot Govt. to Facilitate ENI Begin Hydrocarbons Exploration this Summer

Παρ, 11 Απριλίου 2014 - 12:09

Cyprus Minister of Energy, Commerce, Industry and Tourism Giorgos Lakkotrypis said that the Ministry is making every effort to ensure that ENI will be facilitated in order to start hydrocarbons exploration in the Summer, instead of November.

South Stream Pipeline More Urgent Amid Ukraine Crisis – Russian Ambassador to EU

Πεμ, 10 Απριλίου 2014 - 13:19

The South Stream gas pipeline project, currently under development, has become more urgent amid Ukrainian warnings that Russian gas flows to Europe could be halted, Russian Ambassador to the EU Vladimir Chizhov told RIA Novosti on Wednesday.

State Aid: Commission Adopts New Rules on Public Support for Environmental Protection and Energy

Πεμ, 10 Απριλίου 2014 - 12:37

The European Commission has adopted new rules on public support for projects in the field of environmental protection and energy. The guidelines will support Member States in reaching their 2020 climate targets, while addressing the market distortions that may result from subsidies granted to renewable energy sources.

South Stream Transport Says No Re-routing Offshore Pipeline Planned

Πεμ, 10 Απριλίου 2014 - 12:28

Dutch-based South Stream Transport BV, a joint venture established for the planning, construction and operation of the offshore section of the South Stream gas pipeline through the Black Sea, said on Wednesday there are no plans to change the routе of the offshore pipeline.