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Serbia expects to launch gas pipeline to Bulgaria in 2016
Serbia wants to launch operations on a delayed gas pipeline link with Bulgaria in 2016 to guarantee alternative supplies following the failure of Russia's South Stream project, Belgrade's energy minister declared on Thursday.
read more... 29/05/2015
Hungary will purchase stakes in local electricity units from RWE
Hungary's government has signed a letter of intent to purchase power units and an additional stake in Matrai Eromu, the country's second major electricity plant, from Germany's RWE , as stated by the government on Thursday.
read more... 29/05/2015
Vestas seizes 82.5 MW deal in Turkey
Danish turbine maker Vestas has won a deal to equip and install the 83-MW wind turbines for the Yahyali wind park in Turkey.
read more... 29/05/2015
Daily: Crude oil prices increase in a nervous trading
Crude oil prices increased in an agitating trade on Thursday after two days of losses following data indicating a fourth weekly drawdown in U.S. crude stockpiles. Brent crude closed at $62.58, up 52 cents, or nearly 1 percent, after a six-week low at $61.24. It posted an 84 cents increase in post-settlement trade. U.S. crude rose by 17 cents, or 0.3 percent, to settle at $57.68 a barrel, after plummeting to a one-month low of $56.51. It boosted by 43 cents at $57.94 a barrel in post-settlement trade.
read more... 29/05/2015
Britain endorses plans to localize onshore wind farm consent
Britain on Wednesday approved plans to offer local authorities the planning consent control for onshore wind farms but declared it would reveal measures to stop subsidies separately.
read more... 28/05/2015