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Enel Launches 2 Solar Plants in Brazil Totaling 546 MW

Enel Launches 2 Solar Plants in Brazil Totaling 546 MW

Italian renewable energy company Enel has launched operations of solar photovoltaic (PV) projects in Brazil totaling 546 megawatts, the company announced Monday. A new 254-megawatt plant, Ituverava and the 292-megawatt Nova Olinda solar park are South America’s largest PV facilities currently in operation, according to the company's press release

Sales of New Cars in Bulgaria with Growth of Over 15%

Sales of New Cars in Bulgaria with Growth of Over 15%

New car registrations in Bulgaria increased with impressive 15.5% in August compared to a year earlier to 2,344 cars, according to data from the Association of Automobile Manufacturers in Europe (ACEA). From the beginning of the year until the end of August the registered new cars in our country increased by 18.1% yoy to a total of 19,556 cars

Gazprom, BOTAS to Create Joint Venture for TurkStream

Gazprom, BOTAS to Create Joint Venture for TurkStream

Russian Gazprom's board of directors will review the formation of a joint venture on Sept. 21 with Turkey's Botas for the TurkStream natural gas pipeline project, according to Russian media late on Tuesday. Russian business daily Vedomosti revealed that the joint project company would be named TurkAkim Gaz Tasima AS

N.Korea Fires Another Missile Over Japan

N.Korea Fires Another Missile Over Japan

North Korea ignored renewed global efforts to end its nuclear threat by firing a ballistic missile over Japan for the second time in less than a month early Friday morning. South Korea's Joint Chiefs of Staff said the missile was launched from the Pyongyang area before flying a distance of around 3,700 km (2,300 miles) over northeastern Japan and landing in the Pacific Ocean, according to the local news agency Yonhap

US Envoy Demands Delay of Kurdish Independence Poll

US Envoy Demands Delay of Kurdish Independence Poll

The US anti-Daesh envoy demanded, Wednesday, a delay of the Kurdish independence poll scheduled for Sept. 25 by the Kurdish Autonomous Region (KRG) parliament, according to the KRG main opposition movement, Gorran's Diplomatic Relations Representative Hoshyar Omar

Juncker Urges Europe to Invest in the Cars of the Future

Juncker Urges Europe to Invest in the Cars of the Future

In his State of the Union address, European Commission President Jean-Claude Juncker, announcing a new industrial policy strategy, said on September 13 it is essential to invest in the cars of the future to keep Europe at the forefront of innovation and digitisation. To this end, Juncker announced a new industrial policy strategy

Global Oil Inventories Shrinking on Robust Demand: IEA

Global Oil Inventories Shrinking on Robust Demand: IEA

The global oil surplus is beginning to shrink due to stronger-than-expected European and U.S. demand growth, as well as production declines in OPEC and non-OPEC countries, the International Energy Agency said on Wednesday

Industrial Production Index in Bulgaria Increased by 0.2% in July 2017

Industrial Production Index in Bulgaria Increased by 0.2% in July 2017

According to the preliminary data the Industrial Production Index , seasonally adjusted , increased by 0.2% in July 2017 as compared to June 2017. In July 2017 working day adjusted4 Industrial Production Index rose by 4.2% in comparison with the same month of 2016, according to data of the National Statistical Institute (NSI)

Greece: Italian Railways to Take Over TrainOSE from September 14

Greece: Italian Railways to Take Over TrainOSE from September 14

Ferrovie dello stato Italiane will sign a final agreement to take over full ownership of TrainOSE in September 14 during a ceremony in Corfu, Filippos Tsalidis, TrainOSE's CEO told reporters during a news conference in Thessaloniki

MEPs Vote to Strengthen EU Security of Gas Supply

MEPs Vote to Strengthen EU Security of Gas Supply

The European Parliament in Strasbourg on September 12 approved new cooperation rules to safeguard the security of gas supply. A EU country facing an urgent gas shortage can trigger cross-border assistance from its neighbours, according to the regulation approved by 567 votes to 101 against, with 23 abstentions

Crude Oil Gains But Gasoline Falls as Irma Hits Florida

Crude Oil Gains But Gasoline Falls as Irma Hits Florida

The US light, sweet crude oil contract for October gained modestly on the New York market Sept. 11 while heating oil and gasoline futures prices fell as Hurricane Irma moved north along Florida’s Gulf Coast

Iran Manufacturers to Support South Pars Phase 11 Project

Iran Manufacturers to Support South Pars Phase 11 Project

Senior officials from France's Total will meet industrialists from major Iranian companies this week to discuss cooperation in the implementation of the 11th phase of South Pars Gas Field, an official said

Germany: Iran Talks Model for North Korean Crisis

Germany: Iran Talks Model for North Korean Crisis

German Chancellor Angela Merkel is pointing to the negotiations that led to Iran curtailing its nuclear programme as a possible model for tackling the crisis over North Korea’s nuclear and missile tests

Rolls Royce to Build Power Stations in Bangladesh

Rolls Royce to Build Power Stations in Bangladesh

Rolls Royce Power Systems subsidiary Bergen Engines signed contracts for the construction of two electric power stations worth €133 million to Bangladesh, the company announced on Monday

Israel and China Ink Clean Energy Deal

Israel and China Ink Clean Energy Deal

Israel and China signed a $300 million agreement on green, smart energy and environmentally friendly technologies and advanced agricultural technologies, Israel's Ministry of Finance announced on Monday

Bulgaria, Greece and Serbia will Deepen Cooperation Under Projects to Guarantee Security of Gas Supplies to Southeastern Europe

Bulgaria, Greece and Serbia will Deepen Cooperation Under Projects to Guarantee Security of Gas Supplies to Southeastern Europe

Bulgaria, Greece and Serbia will deepen cooperation under projects which guarantee security of gas supplies to Southeastern Europe, according to the words of the Bulgaria’s Minister of Energy Temenuzhka Petkova, her Greek counterpart Giorgos Stathkakis and Serbia’s Energy Minister Aleksandar Antic said during the tripartite meeting with the 1st Oil and Gas Forum held in Alexandroupoli