Environment

An earthquake with a 6.2 magnitude has rocked Chile's northern coastline, but no damage has been reported.

No tsunami warning is to be issued for now, Al Jazeera has reported.

Earlier this week, a 6.7-magnitude earthquake shook Chile’s northern Pacific shore on Sunday, causing the evacuation of more than 100,000 people.

Australia vowed on Saturday to search indefinitely for the Malaysia Airlines flight that went missing two weeks ago.

Deputy PM Warren Tuss asserted that the day when further searching would be futile "is not in sight," as he was quoted by the BBC.

Blue chip Terna Energy on Friday reported a 71.2 percent annual decline in earnings, which fell from 14.2 million euros in 2012 to 4.1 million last year.

Significant amounts of natural gas could be extracted from Bulgaria's Khan Asparuh deep-water block, OMV believes.

Austrian energy company's expectations have so far been fomented by the discovering of vast amounts of gas at Neptun, a deep-water block in neighboring Romania situated next to Khan Asparuh.

The popular island destination of Myconos faces a serious drought risk this summer unless immediate measures are taken to avert water shortages, Skai understands.

The water levels at the island's main reservoir are exceptionally low and sources indicate that a new desalination plant is needed.

BELGRADE - The Japanese government has donated around EUR 323,000 for implementation of various environmental protection projects to public utility enterprises (PUEs) in four Serbian municipalities.

Around 1500 people gathered Thursday evening in Sofia in a protest against a construction clearance in a protected Black Sea coastal area.

According to reports of dnevnik.bg, the rally was attended by some 4000 demonstrators.

By Chryssa Liaggou

The London-based ITE Group announced on Thursday that it will stage the first international exhibition and conference on oil and natural gas in association with local exhibition firm ROTA SA in Athens on November 25-27 at the Metropolitan Expo venue next to the capital’s airport, with the aim of making it an annual event.

Ukraine to lose offshore gas fields in Black Sea

KIEV -- With the loss of Crimea, Ukraine has lost not only its naval bases in the territory, but also offshore gas fields in the Black Sea, reports said on Thursday.

These fields will now likely be taken over by Russia's oil and has giant Gazprom, AFP is reporting.

BELGRADE - Serbia will invest about EUR 10 billion in environmental protection over the next 10 years, and the screening of the EU acquis in Chapter 27, regarding ecology, will begin as early as September, Serbian Energy Minister Zorana Mihajlovic said while opening Belgrade’s third International Ecology Fair, ECO EXPO 2014, on Thirsday.