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02.08.2012 15:59

Private Turkish Companies May Export Natural Gas to Bulgaria

The Turkish minister of energy and natural resources has negotiated with the Bulgarian energy minister in Ankara how gas from Azerbaijan may reach Bulgaria through Turkey. “if there are companies in Turkey who are willing to export gas to Bulgaria,
31.07.2012 16:27

Power Outages Hit 600 Million in India

About 600 million people lost power in India on Tuesday when the country’s northern and eastern electricity grids failed, crippling the country for a second consecutive day, inform New York Times. The outage stopped hundreds of trains in their
31.07.2012 10:35

Blackout leaves 300 million in India without power

A Major grid failure left more than 300 million people without power in New Delhi on Monday, Reuters announced.   The lights in Delhi and seven states went out in the early hours and had not been restored by the morning rush-hour, leaving
27.07.2012 10:53

Hungary Takes EIB Loan for Pipeline

The Hungarian state-run development bank Magyar Fejlesztési Bank (MFB) has said that it has secured a ЕУР 75 million loan from the European Investment Bank (EIB) to finance a gas pipeline from Hungary to Slovakia.   In a statement,
26.07.2012 17:00

Alcatel to Axe 5,000 Jobs

French telecoms giant Alcatel-Lucent on Thursday announced i twill shed 5,000 jobs worldwide as France’s unemployment rose for the 14th month running. Job losses are also expected at Air France and pharmaceuticals group Sanofi.   Announcing
26.07.2012 15:37

EU Commission Presents Plan to Boost Carbon Market

The European Commission presented keenly awaited plans to bolster the Emissions Trading Scheme (ETS) by reducing a massive burden of surplus allowances and urged member states to hurry them through by the year-end.   The proposals are the
26.07.2012 12:05

Osram to Gain Independence from Siemens

Siemens will spin off its lighting unit Osram in the European spring of next year, Chief Executive Peter Loescher told reporters on Thursday, as reported by Reuters.   Osram was founded in 1919 by the merger of the lighting businesses of Auergesellschaft,
26.07.2012 10:46

The construction of Van Hool bus production facility begins in Skopje

A cornerstone laying ceremony in the Skopje Technological Industrial Development Zone marked Friday the start of construction works for a plant by Belgium bus manufacturer "Van Hool". The investment worth 20 million euros is expected
25.07.2012 13:49

RWE Postpones EUR 3 bn Investment in Offshore Wind

German utility RWE has postponed an investment decision on a 3 billion euro offshore wind farm in the North Sea until next year, blaming a lack of clarity over legal liabilities for such projects.   RWE had planned to start the project, dubbed
24.07.2012 13:14

Iran’s Bushehr Nuclear Station to Run at Full Capacity in August

The Bushehr Nuclear Power Plant, Iran’s first, is scheduled to run at full capacity in August, the chief of the main contractor said on Thursday. “Bushehr is planned to reach 100 percent capacity this August,” said Valery Limarenko,
24.07.2012 13:07

Ukraine Postpones Tymoshenko Tax Case Hearings

A Ukrainian court on Monday put off until July 31 the hearings in a tax evasion case against former Prime Minister Yulia Tymoshenko because she was unable to attend the trial for health reasons.   Tymoshenko, sentenced to seven years in prison
24.07.2012 11:20

Aeroflot Stops Flights to Damascus

Russian flagship airline Aeroflot will cancel service to Damascus on August 6 due to business reasons, an Aeroflot official said on Monday.   "Yes, we will close this route because of commercial reasons," the official told Prime
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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