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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.

Westinghouse Plans to Hire Bulgarian Subcontractors for Kozloduy NPP Unit 7

Παρ, 28 Φεβρουαρίου 2014 - 12:55

US-based Westinghouse Electric Company plans to hire mostly local subcontractors and suppliers for the construction of a new unit to Bulgaria's sole nuclear power plat (NPP) Kozloduy.

Romanian Natgas Producer Romgaz 2013 Net Profit Falls 16.8%

Παρ, 28 Φεβρουαρίου 2014 - 12:53

The net profit of Romanian natural gas producer Romgaz [BSE:SNG] dropped to a preliminary 930.7 million lei ($281.9 million/206 million euro) in 2013 from 1.1 billion lei a year earlier, the company said on Thursday.

Aegean Marine Petroleum Network Inc. Announces Fourth Quarter 2013 Financial Results

Πεμ, 27 Φεβρουαρίου 2014 - 14:33

Aegean Marine Petroleum Network Inc. announced financial and operating results for the fourth quarter ended December 31st, 2013.

Evidence of Hydrocarbon Deposits in Western Greece, Samaras Says

Πεμ, 27 Φεβρουαρίου 2014 - 13:51

There is strong evidence of significant hydrocarbon deposits in Western Greece, Epirus and the Ionian Sea, Prime Minister Antonis Samaras said, as quoted by the Athens News Agency-Macedonian Press Agency.

Turkey’s Energy Min Says TANAP to Be Nationalised

Πεμ, 27 Φεβρουαρίου 2014 - 13:00

The nationalisation of the Trans Anatolian Natural Gas Pipeline (TANAP) project to transport Azeri natural gas to Europe through Turkey has been proposed to Turkey’s cabinet, local media reported on Wednesday, citing energy minister Taner Yildiz.

Iranian Natural Gas Price Offers Too High for Turkey

Πεμ, 27 Φεβρουαρίου 2014 - 12:42

Iranian price offers for natural gas are still too high even if Ankara doubles the purchase volume as Iranians suggested, says Turkish Energy Minister Taner Yildiz.

Cyprus Records a 17.8% Decrease in Petroleum Product Sales

Πεμ, 27 Φεβρουαρίου 2014 - 12:41

Cyprus' total sales of petroleum products in January 2014 recorded a decrease of 17,8% compared to the previous month.

EBRD Will Explore Slovenia's Energy Efficiency Opportnuities

Πεμ, 27 Φεβρουαρίου 2014 - 12:40

The EBRD Board of Directors has adopted a new strategy for Slovenia which sets out the Bank’s priorities in the country for the next four years.

Croatia Eyes Start of Offshore Oil, Gas Exploration in 2015 at Latest

Τετ, 26 Φεβρουαρίου 2014 - 12:43

Exploration activities under the offshore oil and gas concessions that Croatia plans to award should start in 2015 at the latest, local media reported, quoting economy minister Ivan Vrdoljak.

European Parliament Backs Law to Cut Car CO2 Emissions

Τετ, 26 Φεβρουαρίου 2014 - 12:30

New rules designed to achieve the CO2 emission reduction target of 95g/km for new cars by 2020 were endorsed by Parliament on Tuesday. The text retains this target, albeit with a one-year “phase-in” period in 2020. It also allows “super credits”, whereby the cleanest cars in each manufacturer’s range count for more than others, to apply from 2020 to 2022.

Bulgarian Energy Efficiency and Renewable Energy Credit Line is Concluding its Operations

Τετ, 26 Φεβρουαρίου 2014 - 12:29

After 10 years of successful activities the Bulgarian Energy Efficiency and Renewable Energy Credit Line (BEERECL) is concluding its operations. Under the facility more than €150 million in loans were provided to private businesses for nearly 300 projects which involved about €230 million investment costs.

Turkey Plans 120,000 MW of Installed Capacity in 2023

Τετ, 26 Φεβρουαρίου 2014 - 12:28

The race for the development of two large coal fields in Turkey’s Kahramanmaras and Konya provinces is nearing the finish line, according to sources familiar with the matter at the Ministry of Energy and Natural Resources.