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Croatia is on track to become a regional energy hub

Croatia has all the chances to become a regional energy hub, ensuring energy supplies in the area by diversifying supply options for the European countries and permitting them to reduce their grip on Russian gas, reiterated U.S. Assistant Secretary of State Victoria Nuland.

read more... 14/07/2014

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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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Daily: European spot power prices rebound amid weak renewable power output

Oil prices increased across both sides of continent on Wednesday, pushed up by a draw on U.S. crude inventories at the Cushing, Oklahoma, crude oil delivery hub, while gasoline stockpiles drove Brent and U.S. crude to the three weeks highs.

read more... 15/05/2014

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Croatia to aid EU diversify energy supply options

Croatia is on the way to turn into a regional hub for energy production and transport, helping other EU members to diversify supply, according to the declaration made on Thursday by Alen Leveric, the deputy economy minister. EU leaders consider this move very important since they want to reduce reliance on Russian gas.

read more... 21/03/2014

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Daily: British gas prices drop on Norwegian overabundant supplies

Brent crude oil futures dropped on Wednesday on fading concerns that international sanctions over Russia will have an impact on oil supplies, while U.S. crude oil boosted ahead of the contract's expiration and on stockpiles draw at the oil hub in Cushing, Oklahoma.

read more... 20/03/2014

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