English Edition

Bulgaria to Get up to 0.5 bcm of gas/yr Via Link with Romania

Παρ, 7 Μαρτίου 2014 - 09:58

Bulgaria will be able to get up to 0.5 billion cubic metres (bcm) of gas annually via the interconnector with Romania, using only a third of its planned capacity, Bulgaria's deputy economy minister said on Thursday.

Mitsubishi Heavy Industries and Turkish Energy Firm Sign Strategic Partnership Agreement

Παρ, 7 Μαρτίου 2014 - 09:58

Japan’s Mitsubishi Heavy Industries and Turkish energy firm, Ata Elektrik, a subsidiary of the Istanbul-based Urundul Group, have signed a cooperation and strategic partnership agreement to jointly invest in Turkey’s booming energy market.

Total To Start Drilling in Cyprus in Mid 2015

Παρ, 7 Μαρτίου 2014 - 09:40

French company Total expects to start drilling in Cyprus’ Exclusive Economic Zone (EEZ) in mid 2015, Managing Director of Total E & P Cyprus Jean-Luc Porcheron has said.

Romania: Incentivized Renewable Capacities Reached 4,412 MW by January 2014

Πεμ, 6 Μαρτίου 2014 - 09:25

The country’s incentivized renewable capacities reached 4,412 MW by January 2014, on the back of soaring investments in wind and solar capacities, although changes in the legal framework have put heavy brakes on new investments.

Qatar Petroleum Purchases 25% in Greece's Heron II

Πεμ, 6 Μαρτίου 2014 - 09:24

Qatar Petroleum International (QPI) on Wednesday paid Greece's GEK Terna $48 million for a 25 percent stake in Heron II, making the Qatari state company the third partner in the thermoelectric power plant in Viotia, central Greece.

Solar Powered Cars Tested in Izmir's Uni. Campus

Τετ, 5 Μαρτίου 2014 - 09:47

Turkey’s first domestic solar panel powers up electric cars were designed by college students in Izmir.

Bulgaria Weighs Dependence on Russian Energy

Τετ, 5 Μαρτίου 2014 - 09:46

Bulgaria, heavily dependant on Russia for gas and oil, will estimate its own reserves and seek alternatives to cope with any worsening of the Ukrainian crisis, it said on Tuesday.

EBRD will Provide Loan for a 108 MW Crucea North Romanian Wind Farm

Τετ, 5 Μαρτίου 2014 - 09:45

The European Bank for Reconstruction and Development (EBRD) is continuing to facilitate Romania’s transition to a low-carbon economy through the further development of renewable energy resources.

Turkish Power Producer Aksa Enerji Turns to Cons Net Loss in 2013

Τρι, 4 Μαρτίου 2014 - 11:29

Turkish independent power producer Aksa Enerji [BIST:AKSEN] said it turned to a consolidated net loss of 133 million Turkish lira ($60 million/44 million euro) in 2013 against a profit of 220 million lira a year earlier.

Turkey's Thermal Coal Imports in January Rose to the Highest in Three Months

Τρι, 4 Μαρτίου 2014 - 10:55

Turkey's thermal coal imports in January rose to the highest in three months, gaining 36.2% on the year to 2.080 million mt with Colombian volumes displacing Russian imports as the country's main supplier of the fuel, according to data from the Turkish Statistical Institute (TUIK) published Monday.

Westinghouse Enhances Safey at Slovenia's Nuclear Power Plant

Τρι, 4 Μαρτίου 2014 - 10:54

Westinghouse Electric Company has successfully completed the installation of a fully passive containment filtered venting system at the Nuklearna Elektrarna Krško Nuclear Power Plant located in Slovenia. This system enhances safety in the area of severe accident management and was required by the Slovenian Nuclear Safety Administration (SNSA) following the March 2011 Fukushima Daiichi nuclear power station accident in Japan.

Greek PPC Offers Electricity Discount to Industries

Παρ, 28 Φεβρουαρίου 2014 - 13:37

Greek electricity powerhouse, PPC, decided today to offer discounts on the price of electricity it charges to its industrial customers. The company’s general meeting was held today in Athens and the shareholders proposed a 10% reduction in the price for the high voltage market.