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Nuvia Consortium Awarded Extension of Bulgarian Kozloduy ContractPhoto: Nuvia

Nuvia Consortium Awarded Extension of Bulgarian Kozloduy Contract

March 22, 2019 | Tanja Srnovršnik
Electricity

The Bulgarian State Enterprise for Radioactive Waste (SERAW) has awarded a further three-year extension to the decommissioning-repository project management unit (D-R PMU) consultant contract to the Empresarios Agrupados/Nuvia Consortium. The contract is now valid until 2022, said Nuvia in a press release....


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Turkey and Serbia to Strengthen Co-operation in the Field of EnergyPhoto: www.pixabay.com

Turkey and Serbia to Strengthen Co-operation in the Field of Energy

March 22, 2019 | Peter Palčec
Electricity | Natural gas | Energy policy

Serbia’s Minister of Mining and Energy, Aleksandar Antić, met with a delegation from the Turkish Ministry of Energy and Natural Resources and representatives of several Turkish energy in Belgrade, where they discussed the possibilities for co-operation in the field of electricity and gas distribution, states a press release from the Serbian ministry....


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Croatian INA to Pay EUR 168.48m in DividendsPhoto: © European Communities, 2009

Croatian INA to Pay EUR 168.48m in Dividends

March 22, 2019 | Peter Palčec
Natural gas | Oil and oil derivates | Economy

At the session of the supervisory board of the Croatian oil and gas company INA, which was held on 20 March 2019, the supervisory board adopted the 2018 audited financial statements as well as the independent auditors' report and examined the company status report of the INA Group for 2018. The board had no objections to the delivered report. At this same session the management and supervisory...


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Romania to Explore the Use of Small Modular ReactorsPhoto: Incont.ro

Romania to Explore the Use of Small Modular Reactors

March 21, 2019 | Tanja Srnovršnik
Electricity | New technologies

The U.S. small modular reactor (SMR) developer, NuScale Power, and Romanian Nuclearelectrica, the operator of the Cernavoda nuclear power plant (NPP), have signed a memorandum of understanding (MoU) on exploring the use of SMRs in Romania, said NuScale Power on Tuesday....


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Bulgaria Awards Oil and Gas Exploration Permit to Local SPMPhoto: Tanja S. Volarič

Bulgaria Awards Oil and Gas Exploration Permit to Local SPM

March 21, 2019 | Tanja Srnovršnik
Natural gas | Oil and oil derivates | Energy policy

The Bulgarian government has awarded a five-year oil and gas exploration permit to SPM Bulgaria for onshore block 1-25 Vratsa-West, in the country's northwest. SPM Bulgaria will invest EUR 7.4 million (excluding VAT), said the government on Wednesday....


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Romanian Transgaz Could Pay EUR 54m in Dividends to Its ShareholdersPhoto: © European Communities, 2009

Romanian Transgaz Could Pay EUR 54m in Dividends to Its Shareholders

March 21, 2019 | Peter Palčec
Natural gas | Economy

The management of Romania’s state-controlled company gas TSO, Transgaz, has proposed that RON 255 million (EUR 54 million) is paid in dividends to its shareholders from last year’s net profit, reported the Romania Insider....


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Two Offers for Construction of Coking Plant in Croatia’s Rijeka RefineryPhoto: F. Budva

Two Offers for Construction of Coking Plant in Croatia’s Rijeka Refinery

March 20, 2019 | Tanja Srnovršnik
Oil and oil derivates | Economy

The Croatian oil and gas company INA will invest HRK 800 million (EUR 107.9m) this year in an extensive overhaul of the Rijeka refinery, which is already underway, with the goal of increasing energy efficiency, reliability of supply and air quality....


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EBRD to Provide EUR 9m Loan for Energy Efficiency in AlbaniaPhoto: www.mzi.gov.si

EBRD to Provide EUR 9m Loan for Energy Efficiency in Albania

March 20, 2019 | Peter Palčec
RES and EE | Energy policy | CO2 emissions | Economy

The European Bank for Reconstruction and Development (EBRD) will provide a EUR 9 million loan programme that will enable borrowers to finance investments aimed at energy efficiency in Albania through the EBRD’s EUR 85 million Western Balkans Green Economy Financing Facility (GEFF) - an EU initiative that aims to make the region greener by encouraging investment in energy efficiency and renewable...


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OIES: Amended Gas Directive Won’t Halt Nord Stream 2 But It Could Delay ItPhoto: Roman Peklaj

OIES: Amended Gas Directive Won’t Halt Nord Stream 2 But It Could Delay It

March 19, 2019 | Tanja Srnovršnik
Natural gas | Energy policy

While the amended Gas Directive, which enters into force in July 2019, will be unable to halt construction of Nord Stream 2 – as some EU member states had hoped it would – it is capable of delaying or suspending its operation. If this happens and post-2019 Ukraine transit contract is not concluded, Russian gas deliveries to Europe could be cut by up to 65 bcm compared with the 2018 level of...


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GGF Loans EUR 2m to Boost Energy Efficiency in BiHPhoto: © European Communities, 2009

GGF Loans EUR 2m to Boost Energy Efficiency in BiH

March 19, 2019 | Tanja Srnovršnik
RES and EE | Economy

The Green for Growth Fund (GGF) has partnered with Mikrofin to encourage energy efficiency measures among households and small agri-businesses in Bosnia and Herzegovina (BiH). “The impact of the EUR 2 million loan will be enhanced through capacity building measures, enabling Mikrofin to develop and market a dedicated energy-efficiency lending product,” said the GGF on Friday....


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