First reactor at NPP Akkuyu to be launched in 2023 - Turkey, 14 November 2017  |  TPP Brazi operates at full capacity - Romania, 14 November 2017  |  Transgaz recorded 21 % higher profit in the first nine months of 2017 - Romania, 14 November 2017  |  Nuclearelectrica’s net profit doubled in the first nine months of 2017 - Romania, 14 November 2017  |  OKTA achieved EBITDA of 6.7 million euros in the first nine months of 2017 - Macedonia, 14 November 2017  |  Record volume on HUPX PhF market in October - Hungary, 14 November 2017  |  BEH to acquire stake in Alexandroupoli LNG terminal soon - Greece, 14 November 2017  |  Second HPP within Devoll project to be operational in 2019 - Albania, 14 November 2017  |  Electricity consumption increased by 6 % in October - Turkey, 13 November 2017  |  Hidroelectrica to commission new HPP in December - Romania, 13 November 2017  |  Prospex Oil & Gas started drilling on its Suceava concession - Romania, 13 November 2017  |  Electricity consumption decreased by 0.4 % in the first nine months of 2017 - Romania, 13 November 2017  |  Croatia to seek settlement with MOL - Croatia, 13 November 2017  |  Brod oil refinery continues to accumulate losses - Bosnia and Herzegovina, 13 November 2017  |  Drought decreased production of Montenegrin HPPs - Montenegro, 12 November 2017  |  ELEM plans new modernization of REK Bitola - Macedonia, 11 November 2017  |  TUPRAS recorded 235 % higher net profit in Q3 2017 - Turkey, 10 November 2017  |  OMV Petrom rejects accusation of non-paying of obligations to the state - Romania, 10 November 2017  |  Energy Ministry claims that there is enough gas stored for winter season - Romania, 10 November 2017  |  Dutch company wants to install 1 GW in wind farms in Romania - Romania, 10 November 2017

News

Eight bids in Turkish 1,000 MW wind project tender – Turkey, 27 July 2017

A total of eight consortia participated in the 1,000 megawatts (MW) wind power project tender organized by the Turkish Ministry of Energy on 27 July. The winning consortium is expected to make more than one billion dollars investment in the project, which stipulates the local production of wind turbines gradually. The bidding consortia are: the […]

Petrol increases stake in natural gas supplier Geoplin – Slovenia, 27 July 2017

Slovenian energy company Petrol announced that it has signed an agreement on the acquisition of a stake in wholesale natural gas supplier Geoplin from the country’s largest insurance company Triglav and its subsidiary Salnal. As a part of the same agreement, the state holding company SDH will acquire Salnal’s share in gas infrastructure operator Plinhold, […]

NIS’ profit four times higher in H1 2017 – Serbia, 27 July 2017

Net profit of Serbian oil company NIS, majority owned by Russian GazpromNeft, in the first six months of 2017 amounted to 103 million euros, which is four times more then in the first half of 2016 (25.7 million euros). The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) in the first half of the […]