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Tuesday, September 13 2011 , Your time is 15:58:00
Gazprom’s investments in gas midstream will grow by 6.8 percent year-on-year to 911.2 billion rubles ($15.3 billion), including the Turkish Stream project, the Russian gas holding said on Jan. 19, as reported by TASS.
TOKYO/SINGAPORE - Reuters
Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said
PARIS - Reuters
A government-led rescue of French nuclear group Areva and the wider atomic energy industry may cost the state as much as 10 billion euros, but political support is almost certain whoever wins the presidential election in May.
SOFIA - Reuters
Bulgaria will halt exports from local power generators from Jan. 12 to ensure sufficient electricity supplies after freezing temperatures led to an increase in power demand, the energy ministry said
ANKARA - Anadolu Agency
Turkish Prime Minister Binali Yıldırım and Turkish Cyprus Prime Minister Hüseyin Özgürgün have discussed progress in the construction of an undersea electricity cable between the two countries, Özgürgün told state-run Anadolu Agency in an interview on Jan. 3
Turkey does not anticipate electricity and gas price hikes in 2017 despite recent cost increases, Energy Minister Berat Albayrak said on Jan. 6
Foreign investment in Turkey remains strong in spite of many challenges including terrorist attacks, thanks to the normalization of bilateral relations with Russia and Israel and the lifting of sanctions on Iran, the president of the Energy Council of Foreign Investors said on Jan. 2
MEXICO CITY - The Associated Press
Protests and looting fueled by anger over gasoline price hikes in Mexico have led to four deaths, the ransacking of at least 300 stores and the arrests of more than 700 people, officials said
TEHRAN - Agence France-Presse
Turkmenistan halted gas supplies to Iran on Jan. 1 amid tensions between the two countries over arrears, the Iranian National Gas Company was quoted by oil ministry news agency Shana as saying.
Turkey’s state pipeline operator Botaş will cut supply to gas-fired power plants by 50 percent as of Jan. 6, due to increased household demand in cold weather, energy industry sources said on Jan. 5, in a bid to free up more gas for households.
Sources from the Energy Ministry claim that a major cyber-attack is the source of the widespread electricity cuts across Istanbul in recent days, according to reports in the Turkish media
BEIRUT - Reuters
Lebanon’s new government on Jan. 4 passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin
Turkey’s largest city Istanbul has been hit by power cuts for third day in a row on Dec. 31, prompting Ministry of Energy to release a statement regarding the issue