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Akkuyu Nuke Co Gets Build Permit for Non-Nuclear Const.

Akkuyu Nuke Co Gets Build Permit for Non-Nuclear Const.

Turkey's first nuclear power plant in the southern Turkish province of Mersin is making headway with the issuance of a Limited Construction Permit (LCP) to build non-nuclear structures, according to a statement on Friday

Gazprom Board Adopts Cost Reduction Programme for 2017

Gazprom Board Adopts Cost Reduction Programme for 2017

The Gazprom Board of Directors approved on October 18 the revised investment program, budget (financial plan) and cost optimization (reduction) programme for 2017, the Russian gas monopoly said. The key figures of the investment programme did not change compared to the version approved by the Gazprom Management Committee in September this year, Gazprom said

Greece’s Energean Announces First Results Offshore Montenegro

Greece’s Energean Announces First Results Offshore Montenegro

On October 19, Greece’s Energean Oil & Gas announced the first Competent Persons Report (CPR) for its assets offshore Montenegro, compiled by Netherland Sewell & Associates (NSAI), detailing the recoverable gas and liquids resource estimates in respect to Energean’s 100% interest in blocks 4218-30 and 4219-26

Serbias Largest Wind Farm to Receive €215 Mln. Loan

Serbia's Largest Wind Farm to Receive €215 Mln. Loan

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are providing a €215 million loan to Serbia's largest wind farm, the Cibuk 1 wind farm, the EBRD said Tuesday. The 158-megawatt (MW) Cibuk 1 wind farm, at a cost €300 million, is also the largest wind farm in the Western Balkans to date, the bank said

Baghdad Asks BP to Update Kirkuk Oil Fields in N. Iraq

Baghdad Asks BP to Update Kirkuk Oil Fields in N. Iraq

The Iraqi government asked BP to develop oil fields in Kirkuk in northern Iraq which came under the central government's control on Tuesday, a statement from Iraq's oil ministry said on Wednesday

Trump, Tsipras See Greek Role in EU Energy Security

Trump, Tsipras See Greek Role in EU Energy Security

US President Donald Trump hailed Greece’s contribution to EU energy security, following a meeting with Greek Prime Minister Alexis Tsipras at the White House on October 17. Trump was referring to projects that enhance the transportation of gas, essentially lessening the European Union’s reliance on Russia and open up the possibility of Greece becoming a customer for future US exports of liquefied natural gas

6 Killed in Mine Collapse in Turkeys Sirnak Province

6 Killed in Mine Collapse in Turkey's Sirnak Province

Six workers were killed in a coal mine in Turkey's southeastern province of Sirnak on Tuesday According to local sources on the scene, two workers were also injured while some workers may still remain trapped in the wreckage

Iraqi Troops Advance on Kurdish-Controlled Oil Fields in Kirkuk

Iraqi Troops Advance on Kurdish-Controlled Oil Fields in Kirkuk

Oil fields and a military base held by Kurdish forces near the city of Kirkuk have been captured by Iraqi forces. On October 16, Iraqi security forces and allied Shiite militia clashed with Kurdish peshmerga forces around Kirkuk, an oil-rich area at the heart of disputes between the two sides

EU Clears the Acquisition of Inver by Greenergy

EU Clears the Acquisition of Inver by Greenergy

The European Commission said on October 16 that the EC has approved, under the EU Merger Regulation, the acquisition of Inver Energy Limited of Ireland by Greenergy International Limited of the UK

TAP Pipe Deliveries Complete to Albania, Greece and Italy

TAP Pipe Deliveries Complete to Albania, Greece and Italy

On 10 October 2017, the last shipment of steel line-pipes for the construction of the Trans Adriatic Pipeline (TAP) arrived in Thessaloniki, Greece, marking the completion and final delivery of all line-pipes to TAP’s host countries. The transport of 55,000 TAP pipes and bends was completed in approximately one year and a half. The first pipes arrived in Durrës, Albania in April 2016 and deliveries to Greecestarted one month later, in May 2016

EuroAsia Interconnector: Approval of Electricity Interconnection Between Cyprus and Greece

EuroAsia Interconnector: Approval of Electricity Interconnection Between Cyprus and Greece

In a historic decision for Cyprus, the Energy Regulatory Authorities of Cyprus and Greece, have issued a joint decision for the cross-border cost allocation of the electricity interconnection EuroAsia Interconnector between Cyprus and Greece, as provided by the European Regulation 347/2013 for Projects of Common Interest (PCIs)

Iraqi Forces, in Kirkuk, Say They’ve Taken Key Sites

Iraqi Forces, in Kirkuk, Say They’ve Taken Key Sites

Iraqi government troops entered the city of Kirkuk on Monday without a fight, taking up positions inside the city after Kurdish fighters withdrew, the Iraqi military command said. Iraqi commanders ordered the operation after a contentious independence vote on Sept. 25 in the oil-rich Kurdish region in northern Iraq. Baghdad, Washington and most international leaders condemned the referendum

Romanian Car Market Will Reach 130,000 Units This Year

Romanian Car Market Will Reach 130,000 Units This Year

New car sales in Romania will total 130,000 units this year, up 16% over 2016, according to Porsche Romania estimates, cited by Economica.net. The market for light commercial vehicles is expected to rise to 22,500 units, up 10% year-on-year. In 2018, the new vehicle market is estimated to go up by over 10%, Porsche Romania general manager Brent Valmar said

World Oil Supplies See Monthly Increase in Sept.: IEA

World Oil Supplies See Monthly Increase in Sept.: IEA

Global oil supply rose by 90 thousand barrels per day (b/d) in September as non-OPEC output edged higher with output of 97.5 million b/d standing 620 thousand barrels above that of September last year, according to the International Energy Agency’s (IEA) Thursday report