Turkey on Tuesday (9 August) sent its newest drill ship on the first eastern Mediterranean energy exploration mission in nearly two years. The search for natural gas in energy-rich waters around the divided island of Cyprus has turned into an irritant in Turkey’s ties with the European Union. President Recep …
Read More »Russia Threatens Ukraine and EU with a New Nuclear Catastrophe
The 165th day of Russian aggression and war against Ukraine is coming to an end. Unpunished evil always returns and commits a bigger crime. Unfortunately, the lessons of Russian aggression against Georgia on 8 August 2008 and the beginning of the war against Ukraine in 2014 were not learned by …
Read More »Turkey Prepares to Drill for Gas off Cyprus Early next Month
Turkey will resume gas exploration off its coast in the Mediterranean on 9 August, the energy ministry said Tuesday (26 July). “Turkish drilling ship Adbulhamid Han will start a mission in the Mediterranean on 9 August departing from the Mersin port” in the south of the country, it said in …
Read More »China Belt and Road Spending Dips, with no Investment in Russia
China’s finance and investment spending in Belt and Road countries fell slightly in the first half compared to a year earlier, with no new coal projects and investments in Russia, Egypt and Sri Lanka falling to zero, new research showed. Saudi Arabia was the biggest recipient of Chinese investments over …
Read More »Putin Warns of Nord Stream 1 Gas Capacity Cuts over Turbine Repairs
Russian President Vladimir Putin said on Wednesday (20 July) that capacity of the Nord Stream 1 gas pipeline, the single largest link for Russian gas supplies to Europe, could be further reduced due to slow progress in equipment maintenance. Nord Stream 1, which runs on the bed of the Baltic …
Read More »Russia Seeking Oil Payments from India in UAE Currency
Russia is seeking payment in United Arab Emirates dirhams for oil exports to some Indian customers, three sources said and a document showed, as Moscow moves away from the US dollar to insulate itself from the effects of Western sanctions. Russia has been hit by a slew of sanctions from …
Read More »Gazprom Cuts Italy’s Daily Gas Supplies by a Third as Works Begin
Russian gas giant Gazprom reduced its daily gas supplies by a third Italian energy giant Eni reported after the Nord Stream 1 pipeline in Germany entered its first day of maintenance. Instead of supplying about 32 million cubic metres (bcm), the Russian company delivered only 21 million cubic metres on …
Read More »Italy Expands LNG Infrastructure Facilities before Winter
Italian energy company Snam acquired a new floating regasification vessel from BW LNG company to contribute to Italy’s energy security and diversification. The vessel has a maximum storage capacity of 170 thousand cubic metres of liquefied natural gas (LNG) and a continuous regasification capacity of about 5 billion cubic metres …
Read More »UK Interest in Solar Power Heats up as Energy Bills Soar
Boom in solar panel demand is clouded by supply chain disruption, a fragmented industry as well as ethical issues, reports EURACTIV’s media partner, The Guardian. “It’s hot,” says Steve Springett, a director of the renewable energy brand Egg, cheerily assessing the solar market. “There’s two key factors: people are understanding …
Read More »Italy Considers State of Alert over Russian Gas Cut
Italy is considering moving to a state of alert to ration gas consumption and increase gas storage following Gazprom’s gas supply cut, Italian newspaper Corriere della Sera reported. According to the Italian emergency protocol, the state of “alert” – which is the second level on a scale of three – …
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