According to the draft 2020 budget, the total revenues of the company will be around 800 million euros, compared to 890 million euros in 2019. Romanian…
Browsing: SEE Energy News
The country’s second-largest power plant Matrai Eromu, is acquired by state-owned Hungarian Electricity Works (MVM), for a price of 49 million euros. The Government declared the…
Due to the impact of coronavirus outbreak on global economy, energy-sector privatizations that planned for launch in the second quarter are postponed, Greek privatization fund TAIPED…
A 14.5 million euros contract was signed between Bulgarian sole nuclear power plant Kozloduy and Russian Rusatom Service, part of state-owned nuclear energy company Rosatom. This…
Gas interconnection between Bulgaria and Greece, so-called IGB pipeline, are progressing according to schedule, unaffected by the coronavirus outbreak. ICGB, is a joint venture company of…
Compared to the net profit of 26.5 million euros recorded in the previous year, Bosnian power utility EPBiH recorded a net profit in the amount of…
Natural gas storage inventories in Europe are at record-high levels at the end of winter according to the US Energy Information Administration (EIA). European natural gas…
Previously, Allianz held 4.92 % stake in Electrica. Romanian electricity supplier and distributor Electrica said that entities indirectly controlled by the German insurance group Allianz have…
The fund will invest 43 million dollars in the construction of a deparaffining plant on the petrochemical platform of the Petromidia refinery.The Kazakh-Romanian investment fund, in…
Due to coronavirus outbreak, the most pessimistic forecasts for fuel demand is confirmed by market data for March. This is off course in the month when…