EPBiH and USAID to encourage investments in new power plants – Bosnia and Herzegovina, 28 July 2016

Director of Bosnian power utility EPBiH Bajazit Jasarevic and Mission Director of the US Agency for International Development (USAID) in Bosnia and Herzegovina (BiH) Peter Duffy have signed a Memorandum of Understanding which officially marks the start of a project which aims to encourage investments in new power plants in BiH. The document defines the […]

Turkey and Russia to create working group on TurkStream project – Turkey, 27 July 2016

According to Russian media, Energy Ministries of Turkey and Russia will create a working group on the implementation of TurkStream gas pipeline project. Deputy Director General of Gazprom Alexander Medvedev said that Turkish Minister of Economy Nihat Zeybekci expressed interest in implementation of this project during his meeting with Russian Minister of Energy Alexander Novak. […]

KazMunayGas to launch legal action against Romania – Romania, 27 July 2016

According to Romanian media, Kazakh state-owned oil company KazMunayGas has launched procedures for legal action against Romania, after the state prosecutors decided to lay seizure of Petromidia refinery in a criminal case regarding Rompetrol’s privatization, thus putting to a hold the company’s plans to sell its subsidiary KMG International (former Rompetrol Group) to a Chinese […]