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Tuesday, September 13 2011 , Your time is 15:58:00
The Kurdistan Regional Government’s economic clout, driven by oil revenue, could be at risk due to row with Turkey over an independence vote, an energy expert says
LONDON - Reuters
Russia’s Rosatom expects to sell a 49 percent stake in its Turkish nuclear project to a consortium of Turkish companies by the end of the year, and aims to start construction of the Akkuyu plant by the end of March, a company executive said.
LAGOS - Agence France-Presse
Royal Dutch Shell has raised an alarm over the continuing siege at a Nigerian facility by protesters, saying they could be putting their safety at risk.
British oil giant BP and energy-rich Azerbaijan on Sept. 14 prolonged their sharing deal for the Caucasus nation’s largest oilfields until 2050.
Taiwan said on Aug. 16 it was investigating a massive power blackout that hit businesses and residential homes, affecting close to seven million households on the heavily industrialized island amid sweltering heat.
Greek Cyprus said on Sept. 12 that an exploratory drill by Italian-French venture Eni-Total in waters off the Mediterranean island had failed to find enough natural gas to exploit.
Gazprom said on Aug. 14 that new U.S. sanctions against Moscow would not result in the Russian gas exporter having to make changes to key projects, although they could cause delays.
Turkish LPG distribution company Aygaz said on Sept. 12 its Entek Elektrik Üretim unit, jointly owned with parent Koc Holding, has bid in a tender to operate two hydroelectric power stations.
Saudi Arabia and Iraq are to launch a joint trade commission, the Saudi cabinet announced on Aug. 14, in a sign of a thaw in ties between the two neighbors.
BEIJING - Agence France-Press
Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said on Aug. 28, reportedly creating the world’s biggest power company in terms of capacity.
A Turkish-Korean consortium is set to establish Turkey’s first solar panel production facility in the capital Ankara in line with a giant energy project.
ANKARA - Anadolu Agency
Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey’s first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said.
ASTANA - Anadolu Agency
Turkey is a regional power with a “critical” role in establishing energy security, Turkish Economy Minister Nihat Zeybekci said on Aug. 10.