1. English Edition

English Edition

Romanian State-run Nuclear Power Company Expects its Net Profit to Fall

Romanian State-run Nuclear Power Company Expects its Net Profit to Fall

Τρι, 11 Φεβρουαρίου 2014 - 13:58

Romanian state-run nuclear power company Nuclearelectrica (SNN.RO) expects its net profit will fall sixteen-fold to 27.9 million lei (EUR6.23 million) in 2014, from a record profit of RON456.7 million envisaged for last year, largely due to lower operating income.

LNG for Coastal Shipping in Greece

LNG for Coastal Shipping in Greece

Δευ, 10 Φεβρουαρίου 2014 - 12:44

Among the solutions being examined by the coastal shipping sector for its sustainability during this difficult period is cutting fuel costs and reducing pollution through the installation of new engines that use liquefied natural gas (LNG), reports Kathimerini.

Sun Group, Turboden Plan to Build 200 MW in Geothermal Plants in Turkey

Sun Group, Turboden Plan to Build 200 MW in Geothermal Plants in Turkey

Δευ, 10 Φεβρουαρίου 2014 - 12:41

Turkish railway and green energy firm Sun Group Ltd and Italian turbogenerator systems producer Turboden have signed a letter of intent (LoI) to build two geothermal power plants with 100 megawatt (MW) capacity each at a total cost of 300 million euro ($408 million) in Turkey, local media reported on Friday.

MOL Romania has Expanded its Nation-Wide Retail Network

MOL Romania has Expanded its Nation-Wide Retail Network

Δευ, 10 Φεβρουαρίου 2014 - 12:40

MOL Romania has expanded its nation-wide retail network to 147 filling stations after the company opened four new units in Marghita (Bihor County), Eforie (Constanta County), Ilia (Hunedoara County) and Morareni (Mures County).

CEO of State Power Co NEK Steps Down

CEO of State Power Co NEK Steps Down

Παρ, 7 Φεβρουαρίου 2014 - 18:08

The chief executive officer of state-owned electricity company NEK, Yordan Zhelev, has decided to step down, energy minister Dragomir Stoynev said.

Photovoltaic Module Maker Talesun Plans to Invest in Turkey

Photovoltaic Module Maker Talesun Plans to Invest in Turkey

Παρ, 7 Φεβρουαρίου 2014 - 12:47

Photovoltaic module and panel maker Talesun joins the series of Chinese companies investing in Turkey’s solar energy sector. The company has entered into a partnership with local company Ege Trade to establish an equal share JV under the name of Talesun Anadolu Solar Enerji with the intention of planning and implementing solar energy projects in Turkey.

Croatian Fin Regulator Probes INA Over MOL Talks, Arbitration Move

Croatian Fin Regulator Probes INA Over MOL Talks, Arbitration Move

Παρ, 7 Φεβρουαρίου 2014 - 12:29

Croatia's financial regulator, HANFA, has launched a probe into the failure of local oil and gas company INA [ZSE:INA-R-A] to react to arbitration proceedings launched by Hungary's MOL against the government in Zagreb, Croatian state-run broadcaster HRT reported on Thursday.

Bulgarias BEH Says NEK, ESO Split-up Completed

Bulgaria's BEH Says NEK, ESO Split-up Completed

Πεμ, 6 Φεβρουαρίου 2014 - 15:28

Bulgarian state-owned electricity company NEK and Electricity System Operator (ESO) completed on February 4 the last phase of their split-up, regarding the unbundling of the ownership of the network and the associated assets, the Bulgarian Energy Holding (BEH) said on Wednesday.

Cyprus Allows Total E&P Offshore Seismic Tests for Natgas

Cyprus Allows Total E&P Offshore Seismic Tests for Natgas

Τετ, 5 Φεβρουαρίου 2014 - 15:34

Cyprus has awarded a license to Total E&P Cyprus Ltd., the local subsidiary of the French energy giant, to conduct seismic tests for oil and gas exploration within its offshore territory as Financial Mirror online reports. Agriculture and Natural Resources Minister Nicos Kouyialis announced that he has awarded the license for block 10 within the Cyprus Excusive Economic Zone (EEZ), as well as within "parts of blocks 6, 7 and 11."

TANAP Project Co Says 18 Bidders Pre-qualify in Pipes Supply Tender

TANAP Project Co Says 18 Bidders Pre-qualify in Pipes Supply Tender

Τρι, 4 Φεβρουαρίου 2014 - 19:44

TANAP Dogalgaz Iletisim, the project owner of the Trans Anatolian Natural Gaz Pipeline (TANAP), said that 18 companies have pre-qualified in the tender for steel pipes supply for the main pipelines of the TANAP project which will carry Azeri gas to Europe via Turkey

Committee of Regions Calls for Tighter Rules on Illegal Waste Shipments

Committee of Regions Calls for Tighter Rules on Illegal Waste Shipments

Τρι, 4 Φεβρουαρίου 2014 - 19:43

The Committee of Regions (CoR) announced that local and regional authorities called the EU policy makers to adopt tighter EU rules to clamp down illegal waste shipments. CoR, the EU's assembly of local and regional authorities, adopted a report that back plans to amend the existing legislation on illegal waste shipments. Led by Cllr Paula Baker (UK/ALDE), the Committee argues that changes to the current EU regulation must set far more stringent shipping inspections, introduce consistent controls across all EU member states, and increase the power of public authorities

EU Highlights Integration of BiH in European Energy Market

EU Highlights Integration of BiH in European Energy Market

Τρι, 4 Φεβρουαρίου 2014 - 19:42

On 28 January, representatives of the European Commission and Bosnia and Herzegovina underlined the high importance of the integration of Bosnia and Herzegovina in the European energy market. Deputy Director General for Energy of the European Commission, Fabrizio Barbaso, Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina, Boris Tucic, and the two Prime Ministers, of the Federation of Bosnia and Herzegovina, Nermin Niksic, and of Republika Srpska, Zeljka Cvijanovic, discussed energy related matters of relevance for the EU integration of Bosnia and Herzegovina, a press release read