Bulgarian state-owned National Electricity Company, NEK, has launched works on the rehabilitation of Sestrimo hydro power plant (HPP), the Independent Bulgarian Energy Exchange (IBEX) said on Friday.
read more... 04/02/2019
Oil spot prices were mixed on Thursday. WTI crude declined by 0.8% to settle at 53.79 USD/bbl, on continued concerns over a sluggish global economic growth. Meanwhile, Brent crude rose by 0.4% to close at 61.65 USD/bbl, following data showing a drop in Saudi Arabia’s crude supply to the United States and the recently imposed U.S. sanctions on Venezuelan exports.
read more... 01/02/2019
Croatia's government approved the allocation of 234 million euro ($267.2 million) of budget funding for the first phase of a project to build a liquefied natural gas (LNG) terminal on the island of Krk, it said on Wednesday.
read more... 01/02/2019
National Grid recommends an investment of £59.8 million across 25 asset-based projects this year.
read more... 01/02/2019
Turkey's largest foreign investor, SOCAR, has acquired EWE Turkey Holding and its group of companies, which manages the operations of the German energy company EWE AG in Turkey.
read more... 01/02/2019