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31.01.2012 13:21

Ryanair Raises Profit Despite Lower Traffic

Ryanair posted a 15 million euro profit for Q3 of 2011. Revenues increased with 13% to 844 m. euro. Despite traffic fell with 2% and fares rose to 17%. Unit costs rose 11% due to a 7% increase in sector lengths and an 18% increase in fuel costs.
30.01.2012 16:49

EU Fights Unemployment with Energy Policy

The European Union may pass a triple whammy environment policy in the first half of this year that would bring a rapid jobs boost, cut energy bills and improve the environment by one simple measure: keeping Europe's buildings in good repair.   Climate
30.01.2012 12:21

ABB Acquired Thomas & Betts

ABB Ltd. (ABBN), the world’s largest maker of power-distribution equipment, agreed to buy Thomas & Betts Corp. for USD 3.9 billion to expand its North American distribution network and boost low-voltage equipment, Bloomberg reported.   Thomas
30.01.2012 11:57

Iran Plans to Stop Oil Exports to "Some" Countries Soon

Iran's oil minister said on Sunday the Islamic state would soon stop exporting crude to "some" countries, Reuters reported, citing the state news agency IRNA.   "Soon we will cut exporting oil to some countries," Rostam
27.01.2012 20:45

AirBridgeCargo Airlines Received First Boeing 747-8 Freighter

AirBridgeCargo Airlines (ABC), part of russian AirBridgeCargo Airlines (ABC), took a delivery of the first of five new Boeing 747-8 Freighters. Executive president of AirBridgeCargo Airlines, Tatyana Arslanova, expects that established and
27.01.2012 13:24

The U.K. Failed to Impose Lower Solar Power Subsidies

The U.K. Wednesday lost a bid to overturn a court ruling that its planned cuts to solar power subsidies were illegal, a decision that could allow thousands of consumers to claim the higher payouts introduced by the previous Labour government.    The
26.01.2012 22:53

Airbus with two new orders

AviancaTACA has signed a purchase agreement for 33 eco-efficient A320neo and 18 A320 Family aircraft. The order, follows a MOU signed during the Le Bourget Air Show in Paris in June 2011. The Colombian-Salvadoran holding company, formed in 2010
26.01.2012 16:07

Bosnia Gecko Power Plant Sets 70-Day Outage in July

Bosnia's 300 megawatt Gacko coal-fired plant will go offline for 70 days starting on July 1 for planned maintenance, officials at the plant said today.   The plant, which produces 1,500 gigawatt-hours of electricity annually, is scheduled
26.01.2012 13:52

CEZ May Seek Investor for Two New Reactors at Temelin

CEZ AS (CEZ), the largest power producer in central and eastern Europe, will consider bringing in an investment partner to help finance a USD 10 billion project to build two reactors at the Temelin nuclear power station.   “It’s
25.01.2012 14:24

Largest Ever Aircraft Acquisition in Europe: Norwegian purchases 222 new aircraft

Norwegian (NAS) has today signed an agreement with both Airbus and Boeing for delivery of a total of 222 new aircraft. The order includes 122 aircraft from Boeing; 100 of the new Boeing 737 MAX8 and 22 Next-Generation 737-800. Norwegian will be the
25.01.2012 13:18

Obama Backs Up Fracking for Stable Economy

President Barack Obama pushed drilling for gas in shale rock and support for cleaner energy sources to boost the economy in his final State of the Union address before facing U.S. voters in November.   Hydraulic fracturing, the process of
24.01.2012 20:53

Saudi Arabian Airlines takes delivery of two Boeing 777-300ER airplanes

Today at a delivery ceremony Saudi Arabian Airlines takes delivery of two brand new Boeing 777-300ER (Extended Range) airplanes. The airline company announced an order for eight 777-300ER valued at $2.4 billion. Saudi Arabian Airlines currently
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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