South Stream advances in Bulgaria and Serbia
The South Stream pipeline received its construction authorization on the Bulgarian territory from the Supreme Expert Environmental Council of Bulgaria…
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Energy Companies Lead the Way in COFACE’s CEE Top 500
Ranked by both turnover and number of companies, the oil and gas sector leads the sector ranking. nevertheless, the 65…
China will soon have 40% more coal than the combined weight of the human population
China’s coal reserves now contain 200 milion tons, and according to the China National Coal Association (CNCA), by the end…
2.5 MW solar plant with CSUN modules completed by Day Energy in Romania
CSUN and Day Energy announce the completion and connection of a 2.5 MW solar park project in Romania. The solar park…
Wind Turbine Makers Poised for Return to Profitability
Wind-turbine makers are poised to make their first profit in years after shutting underused factories and abandoning a drive for…
Honeywell Romania rents 3,000 more sqm offices in Upground compound in Bucharest
The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which…
Poland began exploitation of shale gas
Lane Energy, a company controlled by US group ConocoPhillips, began extracting shale gas from a well near Lebork, northern Poland,…
Roșia Montană bill passed by Government; project to start in 2016
The government approved on Tuesday a draft law on Roșia Montană mining project and submits it for Parliament approval. The…
Oil gains more than $2 on possible Syria strike, Brent above $117
Oil rose more than $2 a barrel on Wednesday, with Brent pushing above $117 and the U.S. benchmark soaring to…
Nuclearelectrica IPO to start on September 9; hopes for EUR 86 million
Romania will begin the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica on Sept.…
The Power Companies Will Install Over 100,000 Smart-Meters Units This Year
Installing smart meters is part of a discrete revolution already on the run in Romania. All electricity distributors run pilot…
LUKErg Renew will buy four wind energy companies in Bulgaria
A joint venture of the Italian energy company ERG and LUKoil, LUKErg Renew, has received approval to buy four wind…
Iulian Chifu: Romania has the chance to become the main gas supplier for Republic of Moldova and even Ukraine
###author### Not often a state happens to stumble upon the right mix of internal and external condition and to use…
Statoil could extract gas at half the cost
In a quest to tap huge gas reserves worth an estimated 30 billion dollars, the norwegian company launched in mid-August,…