Bulgaria and Serbia's Energy Ministers are to sign a Memorandum of Understanding on the construction of a gas interconnector between the two countries. The construction should start no later than in May 2019 this way it could be operational by the end of 2020.
read more... 19/01/2017
Norwegian energy company Statoil has won approval by the authorities for its planned development and operation for the Utgard and Byrding oil and gas fields.
read more... 19/01/2017
Oil prices decreased on Wednesday to their lowest level in a week, due to a strong dollar and prospects that U.S. producers would increase production, at the same time as OPEC's output was down from a record high. Brent has ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down $1.40, or 2.67 percent. Before the settlement, both contracts dropped to their lowest level in a week.
read more... 19/01/2017
Norwegian energy company Statoil has won approval by the authorities for its planned development and operation for the Utgard and Byrding oil and gas fields.
read more... 18/01/2017
The Serbian company Bioenergy Point will build a facility worth 2 million euros and a biomass power plant worth additional 7 million euros in addition to the existent pellet factory in Boljevac.
read more... 18/01/2017