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News
Ukraine Signs Major Shale-Gas Deal
Ukraine has signed a shale-gas deal with Royal Dutch Shell worth at least $10 billion -- potentially the largest foreign investment ever in the country.
News
Russia Strikes Back at Bulgaria over Belene NPP Price
The proposed price for the construction of two 1000 MW units of what was supposed to become Bulgaria's second nuclear power plant, Belene, was EUR 6.3 B, not EUR 10 B, as Bulgarian Prime Minister Boyko Borisov claims, Russian state company Rosatom stated on Tuesday.
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Ukraine continuing gas imports via Poland
Ukraine continues to import European natural gas via Poland as it seeks to break the stranglehold of Russian supplies, Kiev's energy minister says
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Turkey plans to increase electricity imports from Iran
Turkey has announced a tender among companies importing electricity in the country to increase the electricity supply from Iran by existing available electric power facilities, the statement published on the website of Turkey's Energy Market Regulatory Authority (EPDK) said.
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Turkey Turning to Coal to Reduce Gazprom Dependence
Worried about dependence on pricier gas from Iran and Russia, Turkey is turning to its own coal. The country signed a deal with a United Arab Emirates company that will boost its coal-fired power capacity 67 percent.
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Nabucco, Shah Deniz partners to sign Equity Option and Funding Agreement
Nabucco gas pipeline project's shareholders, Nabucco Gas Pipeline International Gmbh (NIC) and the partners on Azerbaijani Shah Deniz gas condensate field development and Nabucco project's potential investors (SOCAR, BP, Statoil and Total), have agreed on Equity Option and Funding Agreement.
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Iranian Nuclear Plant Back At 'Full Capacity'
Iran says its sole nuclear power plant is now linked to the national energy grid at full capacity after having to be taken off-line for two months.
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Iran's Oil Exports Down 40 Percent Due To Sanctions
A top Iranian official says the country's oil exports have been slashed 40 percent in the past nine months by Western sanctions.
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