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Turkish Stream Deep Water Pipe Laying Starts

Turkish Stream Deep Water Pipe Laying Starts

Russian gas monopoly Gazprom said on June 23 that it started laying the Turkish Stream gas pipeline in the deep-water area off the coast of Anapa. According to Gazprom, Russian President Vladimir Putin gave the command to launch the operations during his visit to the Pioneering Spirit pipe-laying vessel

France Rolls Out New Environment Measures

France Rolls Out New Environment Measures

France’s Environment Minister Nicolas Hulot has unveiled a first set of eco-friendly measures, including a moratorium on new oil and gas exploration licenses. Rolling out his agenda on June 23, he said he would take a soft approach to reducing fossil fuels. "There will be no new exploration licences for hydrocarbons, we will pass the law this autumn,” Hulot told the BFMTV news channel

Albania Expects to Finalize TAP by 2018: Deputy Min.

Albania Expects to Finalize TAP by 2018: Deputy Min.

Works on the Trans-Adriatic Natural Gas Pipeline Project's (TAP) are underway with the construction of two compressor stations, Deputy Minister of Energy and Industry of Albania told Anadolu Agency (AA) on Monday

Turkeys Pre-License Tenders for Wind Energy Finalized

Turkey's Pre-License Tenders for Wind Energy Finalized

During a three-day period in which wind energy pre-licenses were up for tender, over 200 renewable energy firm attended the rally for a total of 710 megawatts (MW) in wind capacity throughout Turkey

Mexico Grants ENI 3 New Exploration & Production Blocks

Mexico Grants ENI 3 New Exploration & Production Blocks

Italian energy major ENI said on June 20 that it has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico

Putin Gives Start to Turkish Stream Pipeline Segments Jointing

Putin Gives Start to Turkish Stream Pipeline Segments Jointing

Russian President Vladimir Putin took part in jointing of shallow and deepwater segments of the Turkish Stream gas pipeline in Friday. The head of state arrived at the Pioneering Spirit pipelaying vessel currently engaged in offshore laying of the pipeline

49% of Turkeys Akkuyu Nuclear Plant Up for Grabs

49% of Turkey's Akkuyu Nuclear Plant Up for Grabs

Russia's national nuclear energy company, Rosatom, plans to sell a 49 percent stake in Turkey's Akkuyu nuclear power plant project to investors, according to Anastasia Polovinkina, Rosatom's subsidiary Rusatom Energy International's ‎director for debt finance and investment analysis on Monday

Bulgaria Continues Cooperation With EBRD

Bulgaria Continues Cooperation With EBRD

Bulgaria has signed a memorandum of understanding with the European Bank for Reconstruction and Development (EBRD) to guarantee support for projects, financed through the European structural and investment funds for 2014-2020, the government’s press office said

US Regulatory Rollback to Have Small Effect: Fitch

US Regulatory Rollback to Have Small Effect: Fitch

The U.S. government's proposed regulatory rollbacks are not expected to have much impact on the country's energy sector, global rating agency Fitch Ratings said Wednesday. The U.S.' President Donald Trump proposes to rollback regulations on the country's oil, natural gas and coal industries

EU Commission Witnesses Hungary-Croatia MoU for Gas Corridor

EU Commission Witnesses Hungary-Croatia MoU for Gas Corridor

The need to further connect Hungary’s electricity grids to the networks of neighbouring countries and ways of lowering the costs of the energy transition in Europe was expected to be one of the main topics during European Vice-President for Energy Union Maroš Šefčovičtrip to Hungary, which is part of his second Energy Union Tour, the European Commission said on June 19

Russia Takes Pass on Qatar Conflict With Arab Neighbours

Russia Takes Pass on Qatar Conflict With Arab Neighbours

Russia, which has called for dialogue to tackle the political rift in the Arab world over Qatar, will not take sides in the conflict between Doha and its neighbours, Chris Weafer, a partner at Macro-Advisory told New Europe in Moscow. "It doesn’t need to. But I understand it has let it be known it is available to host mediation talks if asked by both sides,” he said

Turkey’s Energy Hub Hopes Hinge on Market Liberalisation

Turkey’s Energy Hub Hopes Hinge on Market Liberalisation

Turkey is very well positioned to be a regional energy hub because of its geographical location and strong market but the government needs to liberalise the country’s energy sector to allow more competition in the Turkish market controlled by state-owned oil and gas company Botas, Independent Energy Consultant Yardakul Yigitguden told New Europe

US is One of Three Major Oil Actors in World: Yergin

US is One of Three Major Oil Actors in World: Yergin

The U.S. has become one of the three major oil actors in the global market, Daniel Yergin, a leading U.S. oil analyst, said on Tuesday. "Now, instead of OPEC and non-OPEC, you have the big-three -- Saudi Arabia, Russia, and a country called the United States," Yergin said during the Wall Street Journal CFO (Chief Executive Officers) Network annual meeting held in Washington, D.C.