JANAF recorded 13.8 % lower profit in 2019 – Croatia, 28 February 2020

Croatian oil transportation company JANAF said that it has recorded a net profit in the amount of 35 million euros, which is 13.8 % lower compared to the previous year. The company’s operating revenues went down by 7.4 % in 2019 to 93 million euros, which is a result of overhauls at all refinerie Full […]

One unit of HPP Dubrovnik back in operation – Croatia, 28 February 2020

Director of HEP’s electricity generation division Robert Krklec announced that unit B of hydropower plant Dubrovnik has been put into operation after a year-long hiatus, following a fire in January 2019. Krklec said that testing of the plant’s other unit A is currently ongoing and it is expected Full article available for subscribers of Energy […]

EBRD supports Bulgaria in its shift from fossil fuel – Bulgaria, 28 February 2020

Vice President of the European Bank for Reconstruction and Development (EBRD) Alain Pilloux said that the Bank is ready to help Bulgaria decarbonize its emission-intensive economy. Bulgaria supports the European Union bloc’s ambitious plans to cut carbon emissions to zero by 2050, but a shift from f Full article available for subscribers of Energy NEWS […]