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Italy Taps Oil For Fix to Economic Woes

Italy Taps Oil For Fix to Economic Woes

The impoverished region of Basilicata, in the instep of the Italian boot, has long been called the Texas of Italy for oil reserves so abundant that crude bubbles out of natural springs.

China Securities Regulator Probes Sinovel Wind Group

China Securities Regulator Probes Sinovel Wind Group

Sinovel Wind Group Co., one of China's largest wind turbine manufacturers, said it is under investigation by the country's securities regulator for allegedly violating securities laws.

Russia May Build Additional Units in Bushehr

Russia May Build Additional Units in Bushehr

Russia may build additional units at the Iranian civilian nuclear facility in Bushehr, the head of Russian nuclear state corporation Rosatom, Sergei Kiriyenko, told Interfax Monday.

Applications for PV Systems Reach Target in Cyprus

Applications for PV Systems Reach Target in Cyprus

Applications for the installation of net-metered photovoltaic (PV) systems, without receiving a grant, reached around 3,000, Cyprus Energy Regulation Authority President Giorgos Siammas told CNA.

IENE Launches New English Language Web Site

IENE Launches New English Language Web Site

A new web site was launched today by the Institute of Energy for SE Europe (IENE) which uses the well known eu domain designation (tld). This English only web-site, www.iene.eu, is totally different in terms of design and philosophy from the one which has been in use until now. IENE’s new site contains detailed information on IENE’s mission and objectives, its partners and personnel, its organization and structure, its activities and offered services while at the same time it puts emphasis on current regional and international news

Romania Power Output Falls 6.4% on Year in Jan-Nov 2013

Romania Power Output Falls 6.4% on Year in Jan-Nov 2013

Romanian energy output fell 6.4% on the year to 19.57 million tons of oil equivalent in the first 11 months of 2013, on the back of a 20.3% decline in the thermal sector, official data showed Friday, news agency Mediafax reports.

Vattenfall Negotiates Sale of Energy Grids in Hamburg

Vattenfall Negotiates Sale of Energy Grids in Hamburg

Vattenfall AB, the Swedish state-owned utility, said Friday that it has initiated discussions with the City of Hamburg, Germany, about a possible sale of its electricity grid and district heating businesses in Hamburg.

Austria’s Egger has Completed a 83MW Romanian Biomass Plant

Austria’s Egger has Completed a 83MW Romanian Biomass Plant

Austria’s Egger, the wood processor, has completed a 83MW biomass plant at its site in Romania's Radauti, Suceava County, following a EUR 35 million investment, reports business daily Ziarul Financiar.

Libya Vows To Stop Rebel Plan To Sell Oil

Libya Vows To Stop Rebel Plan To Sell Oil

The Libyan government and a rebel group stepped up rhetoric on Wednesday as Tripoli responded to a vow by dissidents to sell oil with a threat to sink their cargoes.