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Russia's VEB signs deal to build 2 bln euro refinery in Morocco -report

Russian state development bank VEB signed a deal on Wednesday to build a 2 billion euro ($2.2 billion) oil refinery in Morocco, the north African country’s state news agency MAP said.

read more... 24/10/2019

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Montenegro's EPCG to invest 700 mln euro in renewable energy projects by 2022

Montenegro's majority state-owned power utility company EPCG plans to invest a total of 700 million euro ($779.9 million) in the construction of renewable energy facilities with a total capacity of 500 MW by 2022, development and engineering director Ivan Mrvaljevic said.

read more... 22/10/2019

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Statkraft to add 500 MW of wind power in Brazil - report

Norwegian state-owned energy company Statkraft AS plans to invest roughly BRL 2 billion (USD 482.6m/EUR 432.7m) in the development of nearly 500 MW of wind projects in Brazil.

read more... 22/10/2019

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Turkey second-largest LNG market in Europe

The development of liquefied natural gas (LNG) infrastructure has made Turkey the second-largest market in Europe and seventh-largest in the world. The country imported approximately 7.7 billion cubic meters of LNG in the first seven months of the year.

read more... 18/10/2019

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Serbia's WBEG opens Western Balkans' largest wind farm

Serbian company Vetroelektrane Balkana (WBEG), a joint venture of UAE-based Masdar, Taaleri Energia and German development finance institution DEG, has officially opened Cibuk 1, the largest utility-scale commercial wind project in Serbia and the Western Balkans, Masdar said.

read more... 15/10/2019

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