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Spain Government May Cut Renewable Energy Subsidies 10% to 20%

Πεμ, 6 Ιουνίου 2013 - 18:42

Spain is preparing a new cut in subsidies for renewable-energy production, a move that could drive struggling solar energy companies into default at a time of deepening recession and boost loan losses for banks that financed their projects, according to people familiar with the plan.

Turkish Lira Falls to Weakest Level Versus Euro Since November 2011

Πεμ, 6 Ιουνίου 2013 - 18:42

The Turkish lira slid to its weakest level against the euro since November 2011 as the euro broadly strengthened versus its rivals.

IENE’s «7th S.E. Europe Energy Dialogue» to Focus on the New Regional Parameters of the Energy Agenda

Πεμ, 6 Ιουνίου 2013 - 17:30

“The New Regional Parameters” of the energy agenda of SE Europe is the focus of this year’s “Energy Dialogue”, which the Institute of Energy for SE Europe (IENE) is convening in Thessaloniki on June 19 – 20, 2013. The conference is being organized in association with the World Energy Council (WEC) and will take place at the MET Hotel

Bulgarian Electric Mobility Companies Seek Quick Expansion of Charger Network

Πεμ, 6 Ιουνίου 2013 - 16:25

Bulgaria's organization of electric mobility stakeholders Electric Vehicles Industrial Cluster (EVIC) said it has launched a project for setting up a nationwide network of sale, support and charging points for electric vehicles.

Romania Adopts Law Declaring Nabucco a ‘Project of National Interest and Public Utility’

Πεμ, 6 Ιουνίου 2013 - 13:41

The law concerning measures necessary to develop the Nabucco Natural Gas Pipeline has been promulgated by the President of Romania, Traian Basescu, qualifying the Nabucco Project as being of national interest and public utility in Romania.

Romanian Wind Energy Association Warned that Investors May File Complaints Against the State

Πεμ, 6 Ιουνίου 2013 - 13:36

The Romanian Wind Energy Association (RWEA) warned that investors may file complaints against the Romanian state, after the government amended the renewable energy bill to partially suspend the incentives for green energy producers.

China Agrees to Talks With EU on Solar Trade Row, Announces EU Wine Probe

Τετ, 5 Ιουνίου 2013 - 19:13

China increased the stakes in its efforts to roll back the threat of European Union tariffs on its solar equipment exports Wednesday by announcing an investigation into what it called unfair EU wine-trade subsidies.

Siemens CEO: Germany Needs to Adjust Energy Reform Plans

Τετ, 5 Ιουνίου 2013 - 19:12

Germany needs to adjust its plans for energy reform to save around 150 billion euros ($196.2 billion) by the year 2030, the chief executive of industrial conglomerate Siemens AG (SI) said Wednesday.

China's CNOOC Eyes First Foray Into Offshore Arctic Oil Drilling

Τετ, 5 Ιουνίου 2013 - 19:12

China National Offshore Oil Corp. (CEO), or Cnooc, is partnering with Iceland's Eykon Energy in an application for a license to explore and produce oil and gas in Arctic waters offshore Iceland, the country's hydrocarbon licensing manager told Dow Jones Newswires Wednesday.

IMF Set to Admit Major Missteps in Greece

Τετ, 5 Ιουνίου 2013 - 19:10

In a critical assessment of its own handling of the euro-zone financial crisis, the International Monetary Fund is set to publicly admit to major missteps in the bailout of Greece, the recipient of one of the institution's largest-ever rescue packages and the spark for a wider debt crisis across Europe.

The State of the Mediterranean Marine and Coastal Environment report presented in Athens

Τετ, 5 Ιουνίου 2013 - 18:16

Under the auspices and in the presence of his Excellency Pr. Evangelos Livieratos, Minister of Environment, Energy and Climate Change and on the occasion of Environment Day, the Hellenic Ministry of Environment, Energy and Climate Change and the United Nations Environment Programme/Mediterranean Action Plan (UNEP/MAP) held a presentation ceremony of the State of the Mediterranean Marine and Coastal Environment Report today.

Romania Temporarily Scales Back Green Energy Incentives

Τετ, 5 Ιουνίου 2013 - 14:17

The Romanian government said it decided on Tuesday to temporarily suspend as of July 1 the issuance of some of the green certificates for which hydro, wind and solar energy producers are eligible in a bid to reduce the price of electricity for final consumers.

Gazprom 2013 Retroactive Discounts at Less Than $1B

Τρι, 4 Ιουνίου 2013 - 19:30

Russia's state-run gas company, OAO Gazprom (GAZP.RS), expects retroactive discounts to European buyers for 2013 to amount to less than $1 billion, the company's deputy chief executive said Tuesday.