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BEH Unit Gets Licence to Run Bulgaria's Power Exchange

Δευ, 7 Απριλίου 2014 - 13:33

The Bulgarian energy regulator said it has licensed the Independent Bulgarian Energy Exchange, a wholly-owned subsidiary of the state-owned Bulgarian Energy Holding (BEH), to run the country's electricity trading market.

Power Distributors in Bulgaria Seek Hike in Tariff from July 1

Παρ, 4 Απριλίου 2014 - 12:53

The three power distributors operating in Bulgaria have requested from the country's energy regulator to approve an increase in electricity prices as of July 1, local media reported.

Romania: 70 MW Wind Project Secures Financing

Παρ, 4 Απριλίου 2014 - 11:56

Lukerg Renew, the joint venture comprising Italy’s Erg Renew and Russia Lukoil Energo, announced it reached a financing agreement with two banks for building the Gebeleisis wind farm with an installed capacity of 70MW in eastern Romania.

Croatia Launches Offshore Oil, Gas Tender

Πεμ, 3 Απριλίου 2014 - 13:03

Croatia's economy ministry invited on Wednesday bids in a first licensing round for the exploration and production of hydrocarbons in the Adriatic Sea.

Bulgaria, Turkey Sign MoU on Gas Link Construction

Τετ, 2 Απριλίου 2014 - 12:36

The energy ministers of Bulgaria and Turkey have signed a memorandum of understanding (MoU) for the construction of a gas interconnector between the two countries, Bulgarian media reported, quoting the country’s energy minister.

PPC Breakup Bill Submitted to Greek Parliament

Τρι, 1 Απριλίου 2014 - 15:41

The government’s so called “small PPC” bill was submitted last night to the Greek parliament. According to the plan, 30% of PPC’s units and mines will be transferred to the new company, along with a corresponding percentage of its customers.

EU Grills Bulgaria Over Planned Legal Changes Affecting South Stream Project

Τρι, 1 Απριλίου 2014 - 15:31

Bulgaria has received a letter from EU energy commissioner Guenther Oettinger whereby he raises some questions about planned amendments to the energy act that could affect the South Stream project, the country's energy ministry said.

Severe Retroactive Reduction of FITs for Greek Renewables

Τρι, 1 Απριλίου 2014 - 13:52

The Greek government has voted through a new law for renewables, which calls for retroactive tariffs reduction, especially for photovoltaics.

E.ON Announces Earlier Closure of Grafenrheinfeld Nuclear Power Plant

Τρι, 1 Απριλίου 2014 - 13:37

E.ON communicated its intention to shut down the Grafenrheinfeld nuclear power plan in May 2015. This would be 7 months before the closure will be due under the German nuclear power exit decision.

Alstom Units to Build 51 MW Wind Farm for Turkey's Petkim

Τρι, 1 Απριλίου 2014 - 13:13

Turkish petrochemicals major Petkim Petrokimya Holdings [BIST:PETKM] said it has contracted the Spanish and Turkish arms of French heavy engineering company Alstom to install a 51 megawatt (MW) wind farm for 55 million euro ($76 million).

Bulgaria in Talks to Join Project for Floating LNG Terminal

Δευ, 31 Μαρτίου 2014 - 13:01

Bulgaria has entered into talks to join a project of Greek state-owned company DEPA for the construction of a floating terminal for liquefied natural gas (LNG) near Kavala in northern Greece, Bulgarian media reported on Friday.

South East Europe: Greece the Gateway for the EU Gas Supply

Δευ, 31 Μαρτίου 2014 - 12:26

By virtue of its geographical location, the strategy ofGreecein the natural gas sector is to contribute to the development of a competitive, liquid market in South East Europe and to maintain the momentum on energy security as well as the need for further diversification of sources and routes.

3rd Energy Symposium: President Anastasiadis Stressed Cyprus Energy Priorities

Παρ, 28 Μαρτίου 2014 - 11:46

The President of the Republic of Cyprus was the Keynote speaker yesterday at the formal dinner of the "3rd Cyprus Energy Symposium”, organized by the Institute of Energy for SE Europe (IENE), in co-operation with the Cyprus-based media company FMW - Financial Media Way