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Lazard, STJ, Deloitte Consultanta Again Vie to Advise Romania's Hidroelectrica on IPO

Δευ, 13 Απριλίου 2020 - 19:41

Lazard Freres, STJ Advisors Group, and Deloitte Consultanta have signed up in a repeat tender to provide equity advisory services to Romania's Hidroelectrica in view of an initial public offering (IPO), a public procurement notice shows

Serbia Invites Bids for Substations in Biomass Heating Projects in Priboj, Mali Zvornik

Παρ, 10 Απριλίου 2020 - 17:51

The Ministry of Mining and Energy of Serbia is receiving offers through May 8 for some of the works in switching district heating plants from fossil fuels to biomass. Germany’s KfW and Switzerland have allocated funds for the overhaul in six municipal units

IEA Hopes G20 Will Help Restore Volatile Oil Markets

Παρ, 10 Απριλίου 2020 - 17:32

The executive director of the International Energy Agency (IEA), Fatih Birol, expressed hope on Friday that the G20 energy ministers would help restore some much-needed stability to oil markets

Turkey, China, US to Build Pumped-Storage Hydro Plant

Πεμ, 9 Απριλίου 2020 - 20:19

A partnership of Turkish, Chinese and American firms are working on a project to build a 1000-megawatt (MW) pumped-storage hydro power plant in the Isparta province, in the western Anatolian region of Turkey, General Electric (GE) General Manager for Hydroelectricity Dept. of GE in Turkey said on Thursday

Russia and Saudi Arabia Agree Deal on Oil Output Cuts: Report

Πεμ, 9 Απριλίου 2020 - 20:16

Russia and Saudi Arabia have overcome all hurdles to cut oil production at a meeting of OPEC, ending a month-long price war. Oil prices jumped after Reuters reported that the two countries have agreed to a "deep cut" in crude production

Slovenia's Petrol Reports Strong Decline in Sales in Slovenia, Croatia

Τρι, 7 Απριλίου 2020 - 15:47

Slovenian energy company Petrol [LJE:PETG] said its sales of petroleum products and merchandise since the start of the coronavirus epidemic in all its markets, especially in its two largest markets - Slovenia and Croatia - have declined

S.Arabia Concedes Defeat in its Price War Against Russia

Τρι, 7 Απριλίου 2020 - 15:44

By calling for an urgent OPEC+ meeting to discuss oil price stabilization under pressure from President Donald Trump, Saudi Arabia has admitted defeat in its price war against Russia, Mamdouh Salameh, a visiting professor of Energy Economics at ESCP Europe Business School said

ITM Group from Serbia Plans to Build Small Hydropower Plants

Δευ, 6 Απριλίου 2020 - 18:15

Serbian businessman Toplica Spasojević hinted ITM Group would upgrade the partnership with hydropower equipment maker Andritz Hydro and build units of 5 MW, 10 MW and 12 MW with its turbines. He claimed ambitious investment is in the pipeline and pointed to opportunities in the water and wastewater sector as well

Post COVID-19 World Needs to Focus on Low Carbon Growth

Δευ, 6 Απριλίου 2020 - 18:06

Countries that are preparing to revive their economies hurt by the coronavirus (COVID-19) now have the opportunity to focus more on low carbon development investments, World Resources Institute (WRI) Turkey Sustainable Cities Director Gunes Cansiz told Anadolu Agency in a recent interview

TurkStream Transfers 1.32 Bcm of Gas to Europe in 1Q20

Παρ, 3 Απριλίου 2020 - 18:42

Over 1.32 billion cubic meters (bcm) of Russian gas transferred to Europe from Turkey via TurkStream natural gas pipeline during the first quarter of 2020, according to industry sources on Friday

OPEC Debating Oil Output Cut of 10 Million Barrels a Day: Report

Παρ, 3 Απριλίου 2020 - 18:38

The world's top oil-exporting countries are debating cutting global supply by 10 million barrels per day, a source from the grouping told the Reuters news agency on Friday, adding that any further cuts must include producers from outside the alliance

“Energean Power” FPSO Hull Sailed Away from China

Παρ, 3 Απριλίου 2020 - 11:23

Energean is pleased to announced that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020. The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore, where the topsides will be integrated, before the completed FPSO is towed to the Karish field in Israel for installation and hook-up.