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South China Sea ‘Major’ Trade Route for Crude Oil

South China Sea ‘Major’ Trade Route for Crude Oil

More than 30 percent of global maritime crude oil trade, or about 15 million barrels per day (b/d), passed through the South China Sea in 2016, the U.S. Energy Information Administration (EIA) said Monday.

SOCAR, Uniper to Partner in Energy Efficiency Projects

SOCAR, Uniper to Partner in Energy Efficiency Projects

Azerbaijan's state oil company SOCAR and German energy company Uniper will collaborate on projects aimed at improving the energy efficiency of oil and gas production in Azerbaijan, SOCAR announced on Saturday.

Iran, Russia in Talks for New Nuclear Power Plant

Iran, Russia in Talks for New Nuclear Power Plant

Iran and Russia started negotiations for constructing a new nuclear power plant in Iran with a power capacity of 3,000 megawatts (MW), according to the local media outlets on Saturday.

Energy Transition Helps Boost Total Clean Capacity

Energy Transition Helps Boost Total Clean Capacity

Global-wide energy transition policies, supported by technological developments, have helped expand renewable energy power capacity in recent years, the International Renewable Energy Agency (IRENA) said in a recent report.

Offshore Projects ‘Could Boost Egypt’s Gas Production

Offshore Projects ‘Could' Boost Egypt’s Gas Production

Production from a number of natural gas development projects offshore Egypt’s northern coast could help boost declining domestic output, according to the U.S. Energy Information Administration’s recently updated country analysis brief on Egypt

UK to Help Modify Iran’s Arak Heavy-Water Nuke Reactor

UK to Help Modify Iran’s Arak Heavy-Water Nuke Reactor

The U.K. will help Iran modify its Arak nuclear reactor after the U.S. withdrew from a 2015 nuclear deal between Tehran and world powers earlier this year, Iranian officials announced Wednesday

Iran Resumes Electricity Supply to Neighbors

Iran Resumes Electricity Supply to Neighbors

The Iran Power Generation Transmission and Distribution Management Company (Tavanir) resumed electricity supplies to neighboring countries, according to Iranian officials on Tuesday

TurkStream Completes 12 Social Projects in Kiyikoy

TurkStream Completes 12 Social Projects in Kiyikoy

The small, picturesque, Kiyikoy community located in the Kirklareli Province of northwestern Turkey is undergoing a transformation as the location in which the TurkStream gas pipeline comes onshore on Turkey's Black Sea Coast

French Total Quits Irans South Pars Gas Project

French Total Quits Iran's South Pars Gas Project

French Total officially backed out of its contract with Iran, said the country's Oil Minister Bijan Namdar Zanganeh on late Monday. According to the Iranian news agency Tasnim, Zanganeh said that Iran has begun plans to replace the French energy company with local businesses

Turkeys Gas Imports Fall by 19% in June

Turkey's Gas Imports Fall by 19% in June

Turkey's natural gas imports decreased by 19.04 percent in June compared to the same month last year, according to the Turkish energy watchdog's data released on Monday

China Investing Heavily in European Wind

China Investing Heavily in European Wind

China’s investment in foreign wind-powered electricity markets has approached $7 billion in Europe alone as private and stated-owned Chinese companies move "aggressively" to capitalize on fast-growing renewable energy markets, according to a recent research brief published by the U.S.-based Institute for Energy Economics and Financial Analysis (IEEFA)

Egypt to Restart Gas Exports in January

Egypt to Restart Gas Exports in January

Egypt will resume natural gas exports in January, the country’s oil minister said Wednesday, according to local media. In an interview with news website El Watan, Tarek El Molla said Egypt would as of October halt gas imports, which were driven by low domestic output and growing demand for energy

EU, China Step Up Climate Change Cooperation

EU, China Step Up Climate Change Cooperation

The EU and China reaffirmed their commitment to advance the implementation of the Paris Agreement and intensify their cooperation on climate change and clean energy, the European Commission (EC) announced on Thursday