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Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.
Read More »Moscow – Ankara Gas Pipeline to Strengthen Russia in European Market
Russia Moves to Finance Arctic LNG Projects
Yamal LNG has raised additional finance with several European banks.
Read More »BP: Global Gas Consumption Slows Down
EU gas consumption increased sharply by 30 bcm. or 7.1 percent - the fastest growth since 2010. Russia saw the largest drop in consumption of any country (-12 bcm).
Read More »Hulot: France to Close Some Nuclear Reactors
Carbon prices under the European Emissions Trading System have fallen to about 5 euros a ton from about 30 euros in 2008 because of a glut of permits.
Read More »Enel Launched an Investment Program to Develop Solar Cells and PV Systems
Enel has launched an investment program worth more than €100 million at its Sicilian technology hub.
Read More »Gazprom’s Power of Siberia Pipeline to China is Ahead of Schedule
Over 1.100 kilometers the gas pipeline to be completed by late 2017.
Read More »Gazprom’s Exports to Europe Hits Record High
On 7 May 2017. the construction of the TurkStream gas pipeline began.
Read More »Statoil Aims to More Than Triple Brazil Output
Statoil has invested more than $10 billion in Brazil. making it the country'.s largest foreign offshore operator.
Read More »Russia to Expand Electricity Cooperation with Iran
At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
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