Rosneft is interested in INA – Croatia, 28 October 2017

CEO of Russian oil company Rosneft Igor Sechin said that the company is interested in the purchase of shares of Croatian national oil company INA, currently majority owned by Hungarian MOL. Sechin said in an interview to Croatian newspapers that Rosneft is interested in investing in the region and is considering entering INA’s ownership structure. […]

TPP worth 1.7 billion dollars to be built in Adana – Turkey, 27 October 2017

A group of Turkish and Chinese companies are going to build a 1,320 MW (two units of 660 MW each) coal-fired thermal power plant in Turkey’s southern province of Adana, a investment worth some 1.7 billion dollars. TPP Emba Hunutlu in Adana’s Yumurtalik district will be built by EMBA Electricity Production Co, a joint venture […]

OPCOM claims that electricity market was not manipulated – Romania, 27 October 2017

General Manager of the Romanian electricity exchange OPCOM Victor Ionescu said at the Parliamentary hearing that the electricity market was not manipulated and there were no participants trying to manipulate the market despite the evolution of energy prices since the beginning of this year. Ionescu stressed that there were few exceptions, hourly intervals and exceptional […]