By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
Infrastructure projects in the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
Onshore profile of the Black Sea countries – more at the 7th edition of the Black Sea Oil and Gas Conference!
In partnership with Global Data, Globuc – the organizers of the Black Sea Oil and Gas Conference (October 23-24, Bucharest)…
Turkey has alternatives, Energy minister says, amid sanctions
The Salt Lake natural gas underground storage facility, the largest gas storage project in the world, is the greatest response…
Turkey says EU funding cuts will not affect its drilling off Cyprus
European Union decisions to curb funding for Turkey over its drilling for gas and oil off Cyprus will not affect…
EU, US, Egypt warn Turkey over drilling off Cyprus
The United States and Egypt warned Turkey against escalating tensions in the eastern Mediterranean over its attempt to drill for…
Second Turkish drillship arrives off Cyprus coast, Nicosia protests
A second Turkish ship planning to drill for oil and gas off Cyprus arrived off the Mediterranean island’s northeastern coast…
Turkey has ambitious renewable energy plans, awards 1 GW of wind capacity
Turkey aims to increase the share of the domestic and renewable energy sources in the country’s electricity production to two-thirds…
Gazprom boosts first-quarter profit 44% despite lower gas sales
Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher…
Granting Turkey ownership rights, a way out of energy stalemate in E. Med
Assigning to Turkey part of the ownership rights on Cyprus’ under-the-sea wealth is worth consideration as a solution in the…
CEZ Plans to sell its assets in Romania, Bulgaria, Turkey and Poland
Czech CEZ plans to sell its assets in Romania, Bulgaria, Turkey and Poland as part of its strategy to concentrate…
Turkey insists on right to drill for energy reserves off Cyprus
Tensions over energy resources in the eastern Mediterranean have risen sharply after Turkey said it would “exercise its sovereign rights”…
Transgaz: Works on the BRUA gas pipeline accelerated
Transgaz claims that work at BRUA is accelerating, and the deadline for completion is kept on for December 31, 2019.…
Turkey presses banks to agree high-stakes bailout of bad energy loans
Turkey’s plan to clean up some $13 billion in bad energy loans, one of the worst hangovers from last year’s…
Turkey’s energy sector has $12-13 bln worth of problem loans
Turkey’s energy sector has $12-13 billion worth of loans that require restructuring, out of a total $70 billion total sector…
Romania loses yet again VW for Bulgaria or Turkey
Although Romania was on the VW list for a new factory, it appears that it lost again, this time for…
No-deal Brexit will hit Eastern Europe trade: EBRD
Trade in a host of Europe’s emerging economies and nearby Turkey will be hit if Britain crashes out of the…
After Italy, Turkey’s economy enters technical recession
Turkey, a major emerging economy once perceived as a rising star by international investors, entered a technical recession (two consecutive…
Turkey to reduce dependence on foreign energy: Erdoğan
President Recep Tayyip Erdoğan said on Feb. 16 that Turkey aims to reduce its dependence on foreign energy source. Speaking…
Trans Adriatic Pipeline completes €3.9bn project financing, €1bn from EBRD
The Trans Adriatic Pipeline (TAP) is announcing financial close today, with €3.9 billion secured from public and private lenders. The…
Bulgaria expects official letter from Gazprom on TurkStream route – govt official
Bulgaria expects to receive an official letter from Gazprom about the Russian company’s decision for the construction of a string…
Turkey warns companies against energy exploration with Greek Cypriot government
Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the…