At the end of 2014, Silicon Valley’s Progress Software Corporation acquired the Bulgarian software start-up Telerik for $262.5m, a huge amount for the EU’s poorest country. Two months later, Bulgaria’s large Varna coal power plant owned by the Czech energy company CEZ closed because it could not comply with EU environmental standards and remain competitive. […]
Biomass combustion is among the oldest and the most mature technique for conversion of biomass to energy, but still a great challenge lies ahead in developing new, more efficient and environmentally sustainable -systems. In light of the European Action and the National Strategy in the energy sector, Albania has enacted a friendly policy regarding renewable energy sources, including […]
San Leon Energy Plc (LON:SLE)‘s stock had its “corporate” rating reaffirmed by FinnCap in a research note issued on Tuesday. San Leon Energy Plc (LON:SLE) opened at 1.06 on Tuesday. San Leon Energy Plc has a 52 week low of GBX 0.77 and a 52 week high of GBX 3.45. The stock has a 50-day […]
Albania will offer companies interested in oil and gas exploration seven offshore and onshore blocks in June in a bidding process, officials said on Monday. The small Adriatic state began preparing the bids a year ago after a yet-inconclusive but significant discovery by a venture between Shell and Petromanas in southern Albania drew much interest. […]
ISTANBUL — The U.S., the European Union and Russia are locked in an energy battle, and its outcome depends almost entirely on one country: Turkey. The construction of a new pipeline through the Black Sea to Turkey could tilt the balance of that game should countries such as Greece sign on to the new Russian-backed project. […]
In the last period, by a rapid glimpse seems that we are in a multiplication of initiatives gas pipeline that advance with chaotic and indefinite roadmap interesting directly the South East Europe (SEE). Than without losing here with reporting, about the long list of the initiate, what is evident for sure is that the SEE […]
Global investment in renewable power has seen impressive growth, even surpassing anticipations with a total investment of USD 270.2 billion in 2014, 17% higher than 2013 (BNEF, 2015). This surge in investment has become possible as costs for solar panels and wind turbines are rapidly decreasing thereby making renewable technologies more competitive relative to conventional […]
Iran’s media said on Sunday the country is reviving a plan to pipe natural gas to Switzerland and thereon across Europe. A package of proposals over the project will be presented to a high-profile Swiss trade delegation that will arrive in Tehran on Sunday, Fars news agency reported. “Iran’s package of proposals focuses on […]
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Summary Bankers is extracting crude from continental Europe’s largest onshore oilfield; Patos-Marinza in Albania. Growing production with the move from old, reactivated, vertical wells to efficient, horizontal wells. Thriving in the recent crude price slump due to improving efficiencies, netbacks, and market price of crude extracted. Target price of $4.50 based on DCF & Comps. […]