Turkey’s energy sector has $12-13 bln worth of problem loans
Turkey’s energy sector has $12-13 billion worth of loans that require restructuring, out of a total $70 billion total sector…
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EU plans sharp hike in U.S. energy imports as trade lever
The European Union will seek to double imports of liquefied natural gas (LNG) from the United States by 2023, as…
U.S. seeks to challenge China’s electric-vehicle supply chain dominance
An U.S. senator plans to introduce legislation to streamline regulation and permitting requirements for the development of mines for lithium,…
Bulgaria: Electricity exports have increased by 40% in the first four months
Electricity exports from Bulgaria have increased by over 42% in the first four months of the year. This is shown…
Bulgaria’s NPP Kozloduy shuts down Unit 5 for planned annual maintenance
Bulgaria’s sole nuclear power plant (NPP) Kozloduy said that it has shut down its 1,000 MW Unit 5 on Wednesday…
GE selected as preferred bidder to build coal plant in Kosovo
US energy group ContourGlobal and Kosovo’s government said on Friday that General Electric (GE) has been selected as the preferred…
Poland’s energy ministry decides to release 800,000 tonnes of mandatory oil reserves
Poland’s energy ministry said it has decided to release mandatory oil reserves following the suspension of contaminated oil deliveries from…
Snow nanogenerator would allow solar panels to generate energy on winter days
US researchers have invented a nanogenerator that could one day be added to solar panels to keep them producing energy when covered in snow.…
WindEurope: 25 new turbines orders for 1.3 GW in Q1
WindEurope announced that in Q1 2019 there were 25 new wind turbine orders for 1.3 GW in 11 countries of…
Global battery energy storage market to grow by 7% to reach USD 13 bn by 2023, says GlobalData
The global battery energy storage market is forecast to grow to $13.13bn by 2023. Asia-Pacific (APAC) and EMEA will be…
FP announces closing contract of Mike Sommer
Fondul Proprietatea announced the departure of one of its directors, Mike Sommer, as of May 1. ”The Investment Manager announces…
Electricity reaches over 200 lei per MWh
The price of electricity on the spot market of the OPCOM stock exchange returned on Monday to more than 200…
New French energy law puts off difficult climate decisions
France has set more ambitious targets to cut carbon emissions by 2050 but few measures will take effect on President…
America’s renewable energy set to surpass coal for the first month ever
America’s clean energy revolution is on the verge of a tipping point. The renewable energy sector is projected to generate…
Oil Terminal signs a 30 million-dollar contract with Oscar Downstream
Oil terminal has signed a new Downstream Oscar transport contract. The contract, worth 30.5 million ROL excluding VAT, provides for…
On May the 2nd the last orders were issued for starting work for Ungheni-Chisinau
Vestmoldtransgaz issued on Thursday the last three orders for the start of the works related to the Ungheni-Chisinau gas pipeline,…
169 individual heating substations installed in Moldova’s Balti with financing from EBRD and donors
Since early 2019, 169 individual heating substations have been installed, providing heat for 129 buildings across Balti, Moldova’s second largest…
The future of energy, automation and e-mobility with ABB (Tomasz Wolanowski, Country Manager România)
Tomasz Wolanowski arrived to Romania in October 2013, so there are five years and a half, now, since he has…
Alro invests USD 35 million in 2019
Alro shareholders have approved investments of 35 million USD for the year 2019. The company made last year a profit…
CE Oltenia has rescheduled its debts to the Fiscal authority for four months
The Oltenia Energy Complex rescheduled January-April budget debts in order to pay for carbon credits, according to sources close to…
Bulgarian fin regulator probes Eurohold over CEZ deal talks
Bulgaria’s financial regulator said on Wednesday that it is launching a probe into local financial and insurance group Eurohold Bulgaria…
Romgaz offers dividends of more than 1.2 bln. lei, pays 363 mln. for GEO 114
Romgaz reported a net profit of more than 1.3 billion lei for the year 2018 and will provide dividends of…
MDRAP receives a single offer for 68 electric buses in five cities
The Ministry of Regional Development and Public Administration (MDRAP) has received a single tender offer for the purchase of 68…