Environmental permit for SHPPs on Ljuta river annulled – Bosnia and Herzegovina, 27 June 2016

The Sarajevo Cantonal Court has annulled the environmental permit issued by the Federal Ministry of Tourism and Environment and awarded to the Slovenian investor “Turbo-Institut” for the construction of small hydropower plants (SHPP) on Ljuta river in Konjic municipality. Legal battle of environmental activists against the construction of these SHPPs lasted over three years. According […]

Shell started test drillings at Shpirag-3 oilfield – Albania, 27 June 2016

The Albanian Ministry of Energy announced that Shell has started drilling an oil appraisal well at Shpirag-3 oilfield in central Albania, in which the company plans to invest more than 65 million euros. The statement from the Ministry further said that the drilling will last for more than a year due to extremely complex geological […]

Negotiations on EPCG finally completed – Montenegro, 25 June 2016

According to unofficial sources, year-long negotiations between the Montenegrin Government and the Italian company A2A regarding the management of Montenegrin power utility EPCG have been successfully completed. The epilogue is that A2A will remain in EPCG and the second unit at thermal power plant Pljevlja will be built. A2A will remain in EPCG for another […]