Daniel Ben-Ami questions the wisdom of excluding fossil fuel investment

It is a tragedy that a basic truth has been forgotten. The world is going to need huge amounts more energy for everyone to achieve reasonable living standards. Recent World Bank statistics on global poverty make sobering ... More

Italy in global first place for solar electricity generation

Solar electric (photovoltaic) systems account for 7.9% of electricity production in Italy, putting the country in global first place, according to the survey on "100 Italian Energy Stories" presented by energy utility Enel and ... More

Meeting in Tirana, new rules for Mediterranean energy

It's the 20th meeting for Medreg, the body uniting the regulating entities for energy of the 21 Countries of the Mediterranean basin. Hosted in Tirana, Albania, the event was an occasion to revue its two years of activity and ... More

Davutoglu: Turkey and Azerbaijan have agreed to complete the TANAP before 2018.

Ankara Anatolia news agency (03.12.15) reported that Turkish Prime Minister Ahmet Davutoglu said on Thursday that Turkey and Azerbaijan have agreed to complete the Trans-Anatolian Natural Gas Pipeline Project (TANAP) before 2018. ... More

Albanian Gov'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''

A legal row over tax payments between the government of Albania and Canadian-based Bankers Petroleum Ltd. has escalated, with the oil company threatening to cut production. Albania's tax department last month froze the ... More

Croatian PM sees energy as possible turning point for Japan investments in Croatia

Japan has not invested a lot in Croatia so far, but the energy sector could be the turning point in that, Prime Minister Zoran Milanovic said in Tokyo on Wednesday, after a meeting with his Japanese counterpart Shinzo ... More

Four Balkan countries sign statement in support of IAP gas pipeline

Ministers of Foreign Affairs and of Energy of Albania, Bosnia Herzegovina, Montenegro and Croatia signed on Friday in Budva (Montenegro)a joint statement in support of the Ionian-Adriatic gas pipeline. The declaration supports ... More

47.5 million EUR for Renewable Sources of Energy through Favorable German Loans

Deputy Chairman of the Council of Ministers and Minister of Finance and Treasury of B&H, Vjekoslav Bevanda, and the German Ambassador to B&H, Christian Hellbach, signed an agreement on financial cooperation worth 48 million EUR ... More

European Commission Urges Southeastern Europe to Build More LNG Terminals European

The European Commission has recommended that Southeastern European countries strive to build LNG terminals to avoid gas supply disruptions and to boost energy security. European Commission Vice-President Maros Sefcovic ... More

BIH in Top 10 countries in the World in production from RES

According to the State Electricity Regulatory Commission (SERC), Bosnia and Herzegovina in 2013 produced 16,302.55 GWh of electricity, of which 7123.62 GWh was produced in hydro power plants or 43.7 percent. The rest of the ... More

Three int'l banks ready to build Turkish Stream in Serbia

Three international banks are ready to fund the construction of the Turkish Stream section through Serbia, Srbijagas officials said Thursday. A feasibility study for the proposed natural gas pipeline from Russia to Turkey is ... More

Gov't says household gas to be 7-10% cheaper as of April 1

The price of natural gas for households could go down by 0.15 - 0.25 kuna per cubic metre in early April, or an average of 7-10%, shows a projection presented by Economy Minister Ivan Vrdoljak at a government session on Thursday. ... More

Vertical Gas Corridor May Be Ready by 2019 – Romanian Media

The development of plans for the construction of a Vertical Corridor connecting the gas grids of Bulgaria, Greece, and Romania has reached an advanced stage, according to Romanian authorities. According to comments of Romanian ... More

Gas Interconnector with Greece Expected to be Launched by 2018

Bulgarian Energy Minister Temenuzhka Petkova said on Thursday that the planned gas interconnection grid with Greece is expected to become fully operational by 2018. Petkova announced this following a bilateral meeting with her ... More

Only in BiH the Prices of Fuel do not get Higher!

Since yesterday midnight, the prices concerning all kinds of fuel in Montenegro, Croatia and Macedonia are more expensive. The prices of fuel in BiH stagnate. In the countries concerned, prices were more expensive for four ... More

Albanian market reflects oil price increase immediately

The oil price is raising once again in Albania. One liter is being sold from 166 to 170 ALL, or 5 to 8 ALL more than one week ago. Traders say that the price has increased due to international markets. After a long drop, ... More

Construction of wind farm starts in northwestern Serbia

MK Fintel Wind, a joint venture of the Italian public enterprise Fintel Energia Spa and Serbia's MK Group, announced on Tuesday that it has begun the construction of a wind farm near Kula, northwestern Serbia, with installed ... More

Oil deal in Iraq should be example for Cyprus: Turkish President Erdoğan

A recent deal between the central and regional governments of Iraq removed legal obstacles in front of the Iraqi Kurdistan Regional Government’s (KRG) marketing of its oil via Turkey. REUTERS Photo The recent internal ... More

Bulgaria, Greece, Romania to Develop Regional Gas Infrastructure

Bulgaria, Greece, and Romania have signed a contract on cooperation in the development of regional gas infrastructure. The contract for what was called the "Vertical Gas Corridor" was signed Tuesday by the energy ministers of ... More

Vertical Gas Corridor connecting Bulgaria, Greece, Romania to Carry 3-5 bcm a Year

The Vertical Gas Corridor connecting the gas grids of Bulgaria, Greece, and Romania, will have a capacity of 3-5 billion cubic meters a year, according to reports of Greece’s Energy Ministry. On Tuesday, the three ... More