Romania's crude oil production will grow over the next four years
Romania’s crude oil production will grow steadily over the next four years and is projected to reach 4.2 million tonnes of oil equivalent in 2019,...
Category : Energy News
Bulgaria, Romania and the Czech Republic shale exploration on ice
The reasons for the bust across the region are varied: sometimes unfavourable regulatory and tax regimes, as well as bans or temporary moratoria on hydraulic...
Swiss Axpo TAP Gas pipeline, risks and challenges
The Trans Adriatic Pipeline has been designed to connect Greece to Italy. It is expected to transport 10 billion m3 of gas per year to...
CEZ takes over Vattenfall's lignite coal mines and TPPs?
Czech energy giant ČEZ has submitted a non-binding offer to acquire Vattenfall’s German brown coal and hydroelectric activities. Sweden-based Vattenfall announced in September that it...
European Commission & Gazprom to settle case out of court?
Gazprom’s contracts are interstate contracts which gives them a certain international law status. The European Commission (EC) is not setting any time limits for finalizing...
IFIs EIB-EBRD-IFC-KfW financing HPPs in South East Europe against environment impact rules
Construction of HPPs in South East Europe countries seems to be very attractive for international banks and lenders like EIB-EBRD-IFC-KfW. Austrian companies and banks seems...
Russian energy giant Gazprom claims ‘significant methodological errors’ in EU antitrust charges
OAO Gazprom officials argued at an oral hearing Tuesday that European Union antitrust charges against the Russian energy giant are “groundless and based on significant methodological errors,” Gazprom said....
Canadian Reservoir Capital hydro project create bad image for company projects in Serbia
Latest bad image case for Canadian Reservoir Corp could also impact its mining projects in Serbia. Reservoir’s copper-gold Rakita project is actually a joint venture...
Bosnia approves new oil & gas legal framework
The Draft will solve the standstill in the selection process of the expert consultant which could have put on hold the Project of exploration and...
EBRD & EIB in environment risky business of construction of new HPPs in SEE
Southeast Europe is experiencing a wave of hydropower projects. In a region with a deadly combination of Europe’s last wild rivers, rampant corruption and inadequate...
