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News on Energy
Turkey expects first unit of Akkuyu nuclear plant to be online by end 2023

Turkey expects the first unit of its planned $20 billion Akkuyu nuclear power plant, being built in collaboration with Russia, to be online by the end of 2023, energy minister Berat Albayrak said on Tuesday.

  • Date: 08.11.2016  |  Published on EGF: 08.11.2016  |  Energy  |  from http://www.reuters.com
Russia signs decree to sell 19.5 percent Rosneft stake

Russia published a government decree on Monday ordering the sale of a 19.5 percent stake in state-controlled oil giant Rosneft (ROSN.MM) in time for the proceeds to be received by the end of the year.

  • Date: 07.11.2016  |  Published on EGF: 07.11.2016  |  Energy  |  from http://www.reuters.com
Bashneft stops sending oil to Hungary, Slovakia via Druzhba pipeline - sources

Russia's Bashneft (BANE.MM) has stopped sending oil to Hungary and Slovakia through the Druzhba pipeline, three industry sources said, in what traders believe reflects a change in marketing strategy under Bashneft's new owner Rosneft RSN.MM.

  • Date: 07.11.2016  |  Published on EGF: 07.11.2016  |  Energy  |  from http://www.reuters.com
France says Syria or Russia responsible for strike on school in Syria's Idlib

French Foreign Minister Jean-Marc Ayrault said either Russia or the Syrian government were responsible for an air strike on Syria's Idlib province that led to the deaths of 26 civilians, most of them school children.

  • Date: 27.10.2016  |  Published on EGF: 27.10.2016  |  Energy  |  from http://www.reuters.com
Gazprom putting 'final touch' to EU antitrust deal

Gazprom is finalizing a deal with European Union regulators to end a five-year antitrust case and avoid fines, signaling a thaw in business relations between Moscow and Brussels despite tensions over Ukraine and Syria.

  • Date: 26.10.2016  |  Published on EGF: 26.10.2016  |  Energy  |  from http://www.reuters.com
Oil down as Iraq says no cuts; Wall Street, Cushing draw limit loss

Oil prices fell on Monday after Iraq said it wanted to be exempt from an OPEC production cut, though prices drew some support from a rally in Wall Street shares and a draw in crude inventories at the U.S. storage hub of Cushing, Oklahoma.

  • Date: 24.10.2016  |  Published on EGF: 24.10.2016  |  Energy  |  from http://www.reuters.com
Saudi Arabia looks to Russia to boost non-OPEC cooperation

Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers in Riyadh as part of efforts to cooperate with non-OPEC members to stabilize the oil market.

  • Date: 23.10.2016  |  Published on EGF: 23.10.2016  |  Energy  |  from http://www.reuters.com
Rosneft deal to buy India's Essar Oil does not violate sanctions: U.S.

A deal by a state-owned Russian oil company Rosneft and others to buy India's Essar Oil for $12.9 billion does not run afoul of U.S. sanctions on Russia, the State Department said.

  • Date: 20.10.2016  |  Published on EGF: 20.10.2016  |  Energy  |  from http://www.reuters.com
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