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Romania to Explore the Use of Small Modular Reactors

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) o...
Date: 21.03.2019, Category: Articles

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

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 e...
Date: 20.03.2019, Category: Articles

BiH’s Republika Srpska to Construct Gas Pipeline

Republika Srpska, one of the entities in Bosnia and Herzegovina (BiH), will start the construction of a gas pipeline through Republika Srpska, which will be part of the Turkish (former South) Stream g...
Date: 20.03.2019, Category: Trading

MET Renewables and NIS to Build 102 MW Wind Park in Serbia

The Swiss company MET Renewables and the Gazprom Neft-owned Serbian oil and gas company Naftna industrija Srbije (NIS) have established a joint venture following MET’s acquisition from a third party o...
Date: 22.03.2019, Category: Trading

Third Bidder Interested in ČEZ’s Assets in Bulgaria

“The Czech energy group ČEZ is negotiating with a third bidder to buy the company’s Bulgarian assets,” mentioned Tomáš Pleskač, vice-chairman of ČEZ. He did not, however, specify the candidate's name,...
Date: 21.03.2019, Category: Trading

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

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, whe...
Date: 22.03.2019, Category: Articles

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

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 ...
Date: 20.03.2019, Category: Articles

Romania Will Need EUR 15-30bn in Energy Investments By 2030

Romania’s energy sector needs up to EUR 30 billion of investment in electricity, oil and gas production, mining and related infrastructure by 2030 to replace outdated plants and meet rising demand, ac...
Date: 20.03.2019, Category: Trading

Bulgaria Awards Oil and Gas Exploration Permit to Local SPM

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...
Date: 21.03.2019, Category: Articles

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

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, reporte...
Date: 21.03.2019, Category: Articles

Nuvia Consortium Awarded Extension of Bulgarian Kozloduy Contract

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 E...
Date: 22.03.2019, Category: Articles

Bulgaria's Bulgargaz Announces Public Call for Delivery of Natural Gas

Bulgaria's state-owned gas supplier, Bulgargaz, has announced a public call for the submission of bids for the supply of around 144 million cubic metres of natural gas that is intended for injection a...
Date: 22.03.2019, Category: Trading

New SEE Report: Spot Power Prices Lowest in Romania

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....
Date: 20.03.2019, Category: Trading

Energy Ministry: Biomass an Important Renewable Energy Source in Serbia

“Serbia will have 700 MW of electricity producing capacities from renewable energy sources by the end of 2020,” said Serbia’s Deputy Minister of Mining and Energy, Miloš Banjac, adding that biomass wi...
Date: 22.03.2019, Category: Trading

Croatian INA to Pay EUR 168.48m in Dividends

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 ind...
Date: 22.03.2019, Category: Articles

BiH: Elektroprivreda HZHB Turns to Operating Profit in 2018

Elektroprivreda HZHB, one of the three power utilities in Bosnia and Herzegovina (BiH), ended 2018 with an operating profit of KM 25.79 million (EUR 13.1 million), whilst the utility generated an oper...
Date: 21.03.2019, Category: Trading

Owners of SHPPs in Republika Srpska Received EUR 6.39m in Incentives in 2018

Republika Srpska, one of the two entities of Bosnia and Herzegovina (BiH), payed KM 28 million (EUR 14.31 million) in incentives to owners of small hydropower plants (SHPPs) in last three years as com...
Date: 21.03.2019, Category: Trading

Shareholders Raise Doubt Over Justification of BiH’s Buk Bijela HPP

The Buk Bijela hydropower plant (HPP), worth KM 366.8 million (EUR 187.54 million), will be financed mostly by grants, while 25% of the total amount will be provided by the company Hidroelektrane na D...
Date: 25.03.2019, Category: Trading

SOCAR Welcome to Participate in Construction of Albanian Gas Infrastructure

The Albanian Ministry of Infrastructure and Energy announced that the Azerbaijan state oil company SOCAR is welcome to take part in construction of Albanian gas infrastructure, reported Menafn.com, ad...
Date: 25.03.2019, Category: Trading

BiH: Stanari TPP Taken Off-grid Due to Overhaul

The 300 MW Stanari thermal power plant (TPP) in Republika Srpska, Bosnia and Herzegovina (BiH), will undergo two overhauls this year. The first planned major overhaul began on 25 March and will last 3...
Date: 25.03.2019, Category: Trading

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