Unit 5 of Slovenia’s Šoštanj TPP to be Connected to the Grid This Evening

Date: 16.08.2018 Author: Peter Palčec, Tanja S. Volarič
Unit 5 of Slovenia’s Šoštanj TPP to be Connected to the Grid This EveningPhoto: Ana Vučina Vršnak

“Unit 5 is currently in operation for testing purposes on the generator and turbine systems by the company Siemens. After successful tests are concluded, the unit will be synchronised with the power

Australia’s Woodside Acquires Stake in Offshore Block in Bulgaria

Date: 16.08.2018 Author: Peter Palčec
Australia’s Woodside Acquires Stake in Offshore Block in BulgariaPhoto: www.pixabay.com

The Australian oil and gas company Woodside entered into a farm-in agreement in July 2018 with Shell International Exploration and Development Italia to acquire a 30% non-operated participating

Romanian Nuclearelectrica's EBIT Up 27.3% in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Nuclearelectrica's EBIT Up 27.3% in H1 2018Photo: Incont.ro

Romania's state-owned company Nuclearelectrica, the operator of the Cernavoda nuclear power plant (NPP), posted earnings before interest and taxes (EBIT) of RON 215.25 million (EUR 46.3 million) in

Harnessing Smart Meter Data One Way of Addressing Digital Energy Consumers

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Harnessing Smart Meter Data One Way of Addressing Digital Energy ConsumersPhoto: arhiv Siemensa

Smart meter data is becoming a new asset for energy suppliers. By harnessing this data, energy companies can develop new and existing products and services, enter new markets, and generate new

Croatian INA Granted Extension of Licence at Egyptian Ras Qattara Concession

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Croatian INA Granted Extension of Licence at Egyptian Ras Qattara ConcessionPhoto: Tanja S. Volarič

The Croatian oil and gas company INA and Italian Eni's Egyptian Company IEOC (International Egyptian Oil Company) have been granted an extension of the Ras Qattara Concession licence until 28 March

Romanian Romgaz's EBIT Down 11.9% in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Romgaz's EBIT Down 11.9% in H1 2018Photo: Romgaz

The Romanian natural gas producer and supplier Romgaz generated earnings before interest and taxes (EBIT) of RON 921.7 million (EUR 198.1 million) in the first half of 2018, down 11.9% compared to the

Romanian Electrica's Operating Profit Grows Significantly in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Electrica's Operating Profit Grows Significantly in H1 2018Photo: arhiv Energetika.NET

The Romanian power supplier and distributor Electrica generated an operating profit of RON 261 million (EUR 56.1 million) in the first half of 2018, up from the RON 18 million (EUR 3.87 million)

Romanian Transgaz's Operating Profit Down 31.7% in H1 2018

Date: 16.08.2018 Author: Tanja Srnovršnik Volarič
Romanian Transgaz's Operating Profit Down 31.7% in H1 2018Photo: Energetika.NET

Romania’s national gas TSO, Transgaz, generated an operating profit of RON 317.76 million (EUR 68.3 million) in the first half of 2018, down 31.7% compared to the first half of 2017, according to

New SEE Report: Romanian Spot Power Prices Increase to 56.22 EUR/MWh

Date: 15.08.2018 Author: Energetika.NET
New SEE Report: Romanian Spot Power Prices Increase to 56.22 EUR/MWhPhoto: Roman Peklaj

Find out more about the latest movements of spot power market prices in South East Europe (SEE) in Balkan Energy Trading report, prepared for Energetika.NET by Balkan Energy News.

Romania: Standardised Products Approved for Trading on Centralised Gas Markets

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
Romania: Standardised Products Approved for Trading on Centralised Gas MarketsPhoto: Roman Peklaj

The Regulatory Committee of the Romanian energy regulator, ANRE, has approved a centralised list of standardised products to be traded on the centralised natural gas markets for the short, medium and

IGU: Gas on Gas Competition Rose to 70% in Europe in 2017

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
IGU: Gas on Gas Competition Rose to 70% in Europe in 2017Photo: ACER

The share of gas on gas competition rose again last year by one percentage point to 46% of total world consumption (3,740 bcm), according to the International Gas Union’s (IGU) 2018 Wholesale Gas

German RWE’s Lignite and Nuclear Unit Hit By Lower Realised Power Prices

Date: 15.08.2018 Author: Tanja Srnovršnik Volarič
German RWE’s Lignite and Nuclear Unit Hit By Lower Realised Power PricesPhoto: Roman Peklaj

The lignite and nuclear segment of the German power utility RWE took a large hit in the first half of 2018, mainly due to the lower prices it received on volumes it had hedged well in advance. The

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