Eight bids in Turkish 1,000 MW wind project tender – Turkey, 27 July 2017

A total of eight consortia participated in the 1,000 megawatts (MW) wind power project tender organized by the Turkish Ministry of Energy on 27 July. The winning consortium is expected to make more than one billion dollars investment in the project, which stipulates the local production of wind turbines gradually. The bidding consortia are: the […]

Petrol increases stake in natural gas supplier Geoplin – Slovenia, 27 July 2017

Slovenian energy company Petrol announced that it has signed an agreement on the acquisition of a stake in wholesale natural gas supplier Geoplin from the country’s largest insurance company Triglav and its subsidiary Salnal. As a part of the same agreement, the state holding company SDH will acquire Salnal’s share in gas infrastructure operator Plinhold, […]

NIS’ profit four times higher in H1 2017 – Serbia, 27 July 2017

Net profit of Serbian oil company NIS, majority owned by Russian GazpromNeft, in the first six months of 2017 amounted to 103 million euros, which is four times more then in the first half of 2016 (25.7 million euros). The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) in the first half of the […]