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14.10.2016 11:19Bashneft Becomes Subsidiary of Rosneft
Russian oil company Bashneft is already functioning as a subsidiary of Rosneft, Chief Executive Officer of the oil major Igor Sechin said on Thursday. "Integration has already occurred. Bashneft is the subsidiary of Rosneft. We fully control13.10.2016 17:47Rosatom Wants Bulgaria’s NEK to Pay for Belene NPP Equipment by End-2016
Bulgaria and Russia are forging a roadmap for the payments ought to be made by Bulgaria’s National Electricity Company (NEK) to Russia’s Atomstroyexport for the reportedly produced equipment for Belene NPP. The news was announced by Bulgaria’s12.10.2016 10:20EDF to Sell Its Coal Trading Business to Japan’s Jera
EDF has aanounced on Tuesday that it has agreed to sell its coal trading business to Japan’s Jera. The French utility seeks to strengthen its strained balance sheet and burnish its low carbon credentials, the Financial Times reported. Even12.10.2016 09:31Shell Wants to Return to Iran
A senior official with the Anglo-Dutch Royal Dutch Shell told Iranian news agency Shana the oil company has had intense talks with the National Petrochemical Company (NPC) for restoring its presence in Iran's energy projects. Speaking to Shana prior11.10.2016 10:45Turkey and Russia Sign Strategic Agreement for Turkish Stream Gas Pipeline
Turkey and Russia signed on Monday the strategic Turkish Stream gas pipeline agreement. The two countries have been vowing to intensify their relations following a hiatus due to Turkey’s downing of a Russian jet in November 2015, Hurriyet10.10.2016 10:27Vattenfall vs. Germany International Arbitration Hearing to Be Streamed Online
The hearing on Vattenfall's claim against the Federal Republic of Germany at the International Centre for Settlement of Investment Disputes, ICSID, in Washington, is to start on Monday at 10:00 am local time and will be streamed via this link. The06.10.2016 09:38Russian Deputy Economy Minister Likhachev Appointed as New Rosatom Head
Russian President Vladimir Putin has appointed Alexei Likhachev, a deputy economy minister, as the new head of the state nuclear corporation Rosatom, the Kremlin said in a statement on Wednesday, Reuters reported. The news has also been published03.10.2016 11:32TAP Marks Start of Construction in Albania
The Trans Adriatic Pipeline (TAP) AG marked on September 30 the start of pipeline construction in Albania. The occasion was marked by an inauguration ceremony near the town of Fier, attended by the Prime Minister of Albania, Edi Rama, Minister of30.09.2016 13:54Final Contracts Signed for Hinkley Point C Project
The final agreements enabling construction of two EPR units at Hinkley Point C to proceed were signed today in London by the UK government, EDF and China General Nuclear. The documents were signed by UK Secretary of State for Business, Energy and29.09.2016 11:44OPEC Agrees First Oil Production Cuts Since 2008
OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices, Reuters reported. "OPEC made an exceptional28.09.2016 16:07Unlocking the Potential of the Black Sea through Exploration and Infrastructure Projects
Identifying the right business development opportunities is extremely important in the current context of oil prices. For this reason, oil and gas companies are focusing on stable, easy-to-do business regions, where the opportunities are huge and27.09.2016 11:04The EU Commission Approved Vattenfall’s Lignite Business Sale
The EU Commission on Thursday cleared the acquisition of Vattenfall’s German lignite business by the Czech energy group EPH and its financial partner PPF Investments. The sale includes power plants Jänschwalde, Boxberg, Schwarze Pumpe,
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