Vladimir Bojcic from the Montenegrin electricity transmission system operator CGES said that revenues from the operation of submarine electricity cable between Montenegro and Italy will be higher than expected and would rise to over 6 million euros in 2020. Bojcic explained that in accordance wit Full article available for subscribers of Energy NEWS service (PDF […]
About 170 energy intensive companies in Romania will receive state aid for energy totaling 331 million euros in the next three years, under an emergency ordinance 81/2019 passed by Government at the end of last year, which creates the legal framework for compensating the companies’ expenses with the Full article available for subscribers of Energy […]
Russian GazpromNeft, a majority owner of Serbian oil company NIS, said that NIS plans to invest over 72 million euro in the modernization of the catalytic cracking facility at its Pancevo oil refinery. Works on the upgrade of the catalytic cracking facility are expected to be completed by 2024. Full article available for subscribers of Energy NEWS service (PDF […]