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EBRD Lending 2 Mln Euro Kosovos KRK for Green Investments

EBRD Lending 2 Mln Euro Kosovo's KRK for Green Investments

The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is providing a 2 million euro ($2.4 million) loan to Kosovo's microfinance institution Kreditimi Rural i Kosoves (KRK) for residential energy efficiency investments

OPEC+ Sticks To Existing Policy of Gradually Easing Output Cuts

OPEC+ Sticks To Existing Policy of Gradually Easing Output Cuts

The world's major oil producers on late Wednesday agreed on sticking to the existing production policy by approving an incremental increase of up 400,000 barrels per day (bpd) each month by the end of this year

Turkeys Hydropower Capacity Grows Although Output Lowers Due to Drought

Turkey's Hydropower Capacity Grows Although Output Lowers Due to Drought

 Although Turkey's installed hydropower capacity is continuing its growth, output from hydropower plants has fallen to 20.1% in electricity generation during the January-July period of this year, according to data compiled by Anadolu Agency Wednesday

Norways Petroleum Sales Increase in July

Norway's Petroleum Sales Increase in July

Norway's total sales of petroleum products increased by 4.7% to 685 million liters in July compared to the same month last year, according to Statistics Norway on Tuesday

Cyprus Shipping in the Spotlight

Cyprus Shipping in the Spotlight

Cyprus-based shipowners and ship-managers advocate shipping need to be governed by global regulations and not local or regional rules that create unfair competition in the industry

Serinus Builds Onshore Romanian Gas Portfolio

Serinus Builds Onshore Romanian Gas Portfolio

AIM-listed explorer Serinus Energy struck gas with its 1,600-m Sancrai - 1 well in northern Romania, it said July 15. The well was drilled five days ahead of schedule and at about 80% of the budget. Serinus said it would perforate and test the Pliocene sand zone before completing the well for future production

Ever Given Ship Leaves Egypts Territorial Waters

Ever Given Ship Leaves Egypt's Territorial Waters

The Panama-flagged ship Ever Given on Tuesday left Egypt's territorial waters after being held by local authorities for 107 days after blocking the Suez Canal. Last week, the Suez Canal Authority finalized procedures to release the giant container ship after reaching a financial settlement deal with the ship owner