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EPBIH obtains concession for 13 MW hydropower plant

Bosnia's top power utility EPBiH will construct and operate Janjici hydropower plant with a capacity of 13 megawatts, sited on the river Bosna in central Bosnia, expected to cost 72.2 million Bosnian marka ($50 million), as stated by officials on Friday.

read more... 02/06/2014

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Chinese firm proposes lowest price for Montenegro power plant

Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.

read more... 30/05/2014

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Turkey: TPAO to purchase Total’s stake in Shah Deniz gas project

Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.

read more... 30/05/2014

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Spain on the point of endorsing new renewable energy rules

The Spanish cabinet might consent on Friday a decree that will reduce renewable energy subsidies as part of an obligation to diminish a 30 billion euro ($41 billion) power tariff deficit, developed during years of maintaining prices below regulated costs.

read more... 30/05/2014

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Daily: European coal prices fall to a fresh low on warm weather in Europe

Brent crude increased on Thursday, spurred by weak output in Libya and crisis in Ukraine, while WTI crude prices boosted on a considerable drawdown in gasoline that offset an increase in overall crude stocks.

read more... 30/05/2014

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