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France insisted on ending coal projects in Turkey

Environmental lobby groups on Wednesday appealed to French President Francois Hollande to oblige state-owned utility Engie to stop investing in coal projects in Turkey.

read more... 08/10/2015

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Russia: Gazprom will halve the pipeline capacity of the TurkStream

Gazprom has nearly halved the intended capacity of its TurkStream gas pipeline project to 32 billion cubic metres (bcm) per year from an initial capacity of 63 bcm, as stated by Gazprom Chief Executive Officer Alexei Miller on Tuesday.

read more... 07/10/2015

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Chinese companies envisaging 30% or less in Hinkley Point

The two Chinese firms expected to aid fund the Hinkley Point nuclear plant in Britain are only ready to take a 30 percent stake in the project, as reported in the Times on Saturday, in a blow to the site's proprietor EDF.

read more... 05/10/2015

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BASF finalizes asset switch with Gazprom

BASF has exchanged assets with Gazprom which will give the German firm access to Western Siberia projects while the Russian company will obtain gas storage facility in Europe.

read more... 02/10/2015

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Shell will search for oil and gas in block offshore Bulgaria

Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.

read more... 30/09/2015

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