Azeri state energy firm SOCAR could diminish its stake in the multi-billion dollar Trans-Anatolian natural gas pipeline project (TANAP), intended to decrease Europe's dependence on Russian gas, according to SOCAR's president.
read more... 03/06/2014
Turkey's state-controlled oil company Turkish Petroleum Corp (TPAO) has decided to buy 10 percent stake of the French energy firm Total in Azerbaijan's Shah Deniz gas project, as declared on Thursday by two sources familiar with the matter.
read more... 30/05/2014
A conglomerate run by BP and the South Caucasus Pipeline Company has awarded a contract for pipeline construction estimated at $735 million to a consortium of companies to facilitate the expansion of the Shah Deniz II gas project in Azerbaijan which gives Europe a possibility to diminish dependence on Russian gas.
read more... 27/05/2014
Gazprom's trading division GMT signed an agreement on Friday with Russia's second-major gas producer Novatek to purchase 3 million tonnes of liquefied natural gas per year from the Yamal project.
read more... 26/05/2014
Italy is currently one of the major producers of electricity from renewable energy sources in Europe. The country’s PV sector has historically been the leading renewable energy technology due to its incentives offered for solar PV projects and also to its advantageous geographic position.
read more... 22/05/2014