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Turkey Says Halkbank to Keep Mediating Iran Oil Payments

Turkey Says Halkbank to Keep Mediating Iran Oil Payments

Turkey said Wednesday that the state-owned Halkbank, whose chief executive was rounded up in a sweeping corruption investigation, would continue to handle payments for energy imports from neighboring Iran.

Energy Regulator Gives Nod to NEK, ESO Split-up

Energy Regulator Gives Nod to NEK, ESO Split-up

The Bulgarian energy regulator has given its approval to the split-up of state-owned electricity company NEK and Electricity System Operator (ESO), a notice on the watchdog’s website indicated.

EDFs 2013 French Nuclear Power Output Falls Slightly

EDF's 2013 French Nuclear Power Output Falls Slightly

French state-owned power utility Electricte de France SA (EDF.FR), or EDF, said its nuclear energy output in 2013 was slightly lower than in the previous year as its power plants were closed for more days for maintenance.

Rouhani Defends Iran Nuclear Deal Against Hardliners

Rouhani Defends Iran Nuclear Deal Against Hardliners

Iran's President Hassan Rouhani Tuesday defended a landmark nuclear deal with world powers that promises modest sanctions relief, saying his government didn't fear "the few" domestic critics.

Japan, Turkey Agree on Trade, Nuclear Power Tie-Ups

Japan, Turkey Agree on Trade, Nuclear Power Tie-Ups

Turkish Premier Recep Tayyip Erdogan met his Japanese counterpart Shinzo Abe for free trade talks Tuesday, as pressure mounted at home over a corruption scandal in which hundreds of police officers were fired.

TAP and Greece Bulgaria Interconnector ICBG Signed MOUC Establishing Technical Cooperation

TAP and Greece Bulgaria Interconnector ICBG Signed MOUC Establishing Technical Cooperation

The Trans Adriatic Pipeline AG (TAP) and Interconnector Greece-Bulgaria (ICGB) – the company in charge of the development, financing and construction the Interconnector Greece-Bulgaria (IGB) – have signed a Memorandum of Understanding and Cooperation (MOUC) aimed at establishing the technical cooperation in order to further develop strategic infrastructure in the region.

Shell Completes Repsol Deal

Shell Completes Repsol Deal

Oil major Royal Dutch Shell PLC said Thursday it has completed the acquisition of Repsol SA's liquefied natural gas portfolio outside North America for $3.8 billion net, slightly lower than the $4.4 billion originally agreed on last February.

Egypt Death Toll Rises After Security Forces Break Up Rallies

Egypt Death Toll Rises After Security Forces Break Up Rallies

At least 11 people were killed when security forces broke up several protests throughout Egypt against the military regime's designation of the Muslim Brotherhood as a terrorist organization, state media reported on Friday.

Iran Ready To Help Iraq Battle Qaeda - Military Chief

Iran Ready To Help Iraq Battle Qaeda - Military Chief

Iran's deputy chief of staff General Mohammad Hejazi said Sunday the Islamic republic was prepared to provide military equipment and advice to Iraq to help it battle Al-Qaeda.

Israels Leviathan Signs $1.2B Deal With Palestinian Power Company

Israel's Leviathan Signs $1.2B Deal With Palestinian Power Company

The partners in a large offshore Israeli gas field said Sunday they have signed an agreement to sell natural gas to Palestine Power Generation Co., the first export deal to be signed in the growing Israeli energy sector.

Uganda Says Evaluating Applications for Ten Oil Fields

Uganda Says Evaluating Applications for Ten Oil Fields

The Ugandan government said Monday it had received applications for the development of ten oil fields in the Lake Albertine Rift Basin, as the East African nation continues efforts to commercialize its vast oil fields.

Cameroons 2013 Crude Oil Exports Up Over 11% -SNH

Cameroon's 2013 Crude Oil Exports Up Over 11% -SNH

Though a small crude oil producer, Cameroon saw its crude oil exports rise in 2013, according to a statement issued Monday by the state-run National Hydrocarbons Corporation, or SNH.

Turkey Adds 6,986 MW of Power Capacity in 2013

Turkey Adds 6,986 MW of Power Capacity in 2013

As many as 222 power plants with a combined capacity of 6,986 megawatts (MW) were installed in Turkey in 2013, data from the country's energy ministry showed

Lukoils Bulgarian Refinery Gets 420 mln Euro Loan for Upgrades

Lukoil's Bulgarian Refinery Gets 420 mln Euro Loan for Upgrades

Bulgarian oil refinery Lukoil Neftochim Burgas, a subsidiary of Russian oil company Lukoil, has received a 420 million euro ($576 million) credit line from several European banks to finance upgrades, Italy's export credit agency said on Thursday