Energy

International Internet Magazine. Baltic States news & analytics Sunday, 20.04.2014, 23:54

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Grybauskaite and U.S. Senators discussed European security

Grybauskaite and U.S. Senators discussed European security

17.04.2014

President of Lithuania Dalia Grybauskaite met with U.S. Republican Senators John McCain, John Barrasso and John Hoeven. The main points of discussion were the situation in Ukraine and the threats it posed to the security of Europe and the Baltic region, reports BC presidential press service.

Keyword tags: Baltic States – CIS, Energy, EU – Baltic States, Legislation, Lithuania, USA



Latvenergo Group looks at EUR 46 mln profit in 2013

Latvenergo Group looks at EUR 46 mln profit in 2013

16.04.2014

Latvenergo Group has published its audited Annual Report for 2013 which shows profit at EUR 46 million, down 9% from 2012, as NASDAQ OMX Riga reports, cites LETA/Nozare.lv.

Vopak E.O.S. will launch redundancies

Vopak E.O.S. will launch redundancies

16.04.2014

Estonia’s oil product terminals' operator Vopak E.O.S. announced that due to the complicated business environment, it will start cutting its general expenditures and also the number of employees, LETA/Postimees Online reports.


Veshnyakov: Russia is not planning any economic sanctions against Latvia

Veshnyakov: Russia is not planning any economic sanctions against Latvia

16.04.2014

Russian Ambassador Alexander Veshnyakov, interviewed by LTV, reassured viewers that Latvia faces no threat from Russia. He said that he realizes that Russia's operations in Ukraine have upset many people in Latvia, who are concerned about state security, informs LETA/ELTA.

Lithuanian PM: poles do not plan to sell ORLEN Lietuva

Lithuanian PM: poles do not plan to sell ORLEN Lietuva

16.04.2014

Lithuania's Prime Minister Algirdas Butkevicius claimed he had not heard anything about the intentions of the Polish company PKN ORLEN to sell petroleum refining company ORLEN Lietuva on his visit to Mazeikiai-based company on Monday, cites LETA/ELTA.

16.04.2014

EU foreign ministers call for an end to the destabilization of Ukraine

During meeting in Luxembourg, European Union foreign ministers called for an end to the destabilization of Ukraine and decided to expand the list of restricted measures. Foreign Minister Urmas Paet said at the meeting of European Union foreign ministers in Luxembourg yesterday, that the actions of separatists in eastern Ukraine in recent days are unacceptable, the Foreign Ministry of Estonia said in a statement.

16.04.2014

Estonian PM: Balticconnector and LNG terminals need a fast agreement

Estonian Prime Minister Taavi Rõivas said during a working visit to Finland on Tuesday, at a meeting with his Finnish colleague Jyrki Katainen that the Balticconnector gas pipeline and LNG terminals need a fast agreement and the long-delayed process has to be completed, LETA/Postimees Online reports.

15.04.2014

EcoMin: Dobele gas storage facility could serve as regional importance gas infrastructure object

The Dobele gas storage facility in Latvia could serve as a regional importance gas infrastructure object and source, Economy Minister Vjaceslavs Domvrovskis (Reform Party) believes, cites LETA/Nozare.lv.

15.04.2014

Orlen Lietuva uses only 60% of its capacities

The most difficult period in the entire history of the company. Almost 100 people are planned to be dismissed and an emergency plan is prepared. Mazeikiai-based petroleum refining company ORLEN Lietuva uses only 60% of its capacities, writes LETA/ELTA, referring to Lietuvos rytas.

15.04.2014

LatRosTrans turns 20

Though the history of LLC LatRosTrans actually started in 1963, when a decision was taken to construct a crude oil pipeline, the Latvian-Russian joint venture LLC LatRosTrans was established on 14 April 1994, informed BC LLC LatRosTrans board member Igor Stepanov.

15.04.2014

Tallinn University Green Week focuses on renewable energy and sustainable development

April 14-17 is a Green Week in Tallinn University, which is a student initiative that focuses on the introduction and discussions about renewable energy, climate changes and sustainable development education, reported BC the press service of the University of Tallinn.

14.04.2014

PKN: prompt decisions of Lithuanian government about Orlen Lietuva are necessary

On Monday, Prime Minister Algirdas Butkevicius visited Mazeikiai-based petroleum refining company Orlen Lietuva, which is experiencing its most difficult time. During his visit, it was said that according to PKN ORLEN concern, it was necessary that both the Lithuanian government and other public legal entities in cooperation with Orlen Lietuva would take immediate decision to allow the company to continue its activities, informs LETA/ELTA.

14.04.2014

Lithuanian PM concerned about Orlen Lietuva's plans to make redundancies

On Monday Prime Minister Algirdas Butkevicius will visit Mazeikiai-based petroleum refining company Orlen Lietuva, which is preparing an emergency plan and intends to make about 100 its employees redundant, LRT.lt said.

14.04.2014

Baltic Assembly: Baltic States wish to reduce dependency on Russian gas

Estonian Riigikogu Member Sven Sester, who headed the Baltic Assembly energy market round table meeting that took place in Klaipeda, Lithuania, said that the Baltic states aspire for independence from Russian gas, LETA/Public Broadcasting reports.

14.04.2014

Construction of electricity bridge NordBalt between Lithuania and Sweden started

On early Friday morning laying of power cables started at the shores of the Baltic sea. It is one of the fundamental construction stages of the international 450 kilometre long electricity link NordBalt, between Lithuania and Sweden, informs LETA/ELTA.

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