Sahit Muja: Albania embraces plan to become a green energy powerhouse in Europe The Prime minister of Albania Sali Berisha has embraced ambitious plans to power Albania on renewable green sources of energy.

A soil survey for the route for the planned Trans-Adriatic natural gas pipeline near the coast of Albania is under way, the project company announced.

The good news? According to Albanian Prime Minister Sali Berisha, Albania has postponed its intention to build a nuclear power plant (NPP) in the Shkoder region near Albania's border with Montenegro, until all issues concerning its potential impact on the environment and territory are fully assessed. The city of Shkoder is located near a lake of the same name, whose waters are divided between Albania and Montenegro. On 26 January Berisha said after meeting with Montenegrin Prime Minister Igor Luksic, "Nuclear energy... Read more

"In a few months, the ministry will start international tenders to award concessions for the building of two hydropower stations on two rivers," Naco said. The concessions will be on the Vjosa and Osum Rivers in southern Albania. and more

Sky Petroleum, Inc. , an oil and gas company with activities in Albania and the United Arab Emirates, announced today it is closing the placement of 4,000,000 Class A

Albania's economy ministry will launch this month tender procedures for awarding concessions for the construction and operation of three hydropower plants in the country, ATA news agency informed. Vokopola 1 and 2 hydroelectric plants will be built on

San Leon Energy Plc announces that the Company has been advised by its partner Beach Energy Ltd that as part of its ongoing portfolio management it is withdrawing from the Durresi Block offshore A

The World Bank says it has lent euro16.6 million ($21.6 million) to Albania to help it complete repair of hydroelectric dams that caused severe flooding last winter.The Bank on Wednesday said the loan

Sky Petroleum, Inc. , an oil and gas company with activities in Albania and the United Arab Emirates, today appointed Tobias Gondorf Interim Chief Executive Officer of the company effective December 1, 2011. Mr. Gondorf will succeed Karim Jobanputra, who will continue on the Board of Directors. Mr. Gondorf has more than 16 years of investment banking experience and most recently