Turkey hopes the first unit of its scheduled $20 billion Akkuyu nuclear power plant, being constructed in cooperation with Russia, to be online by the end of 2023, as stated by energy minister Berat Albayrak on Tuesday.
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France's Total has inked an agreement with Iran to further develop its part of the world's biggest gas field, becoming the first western energy firm to sign an important deal with Tehran since the lifting of international sanctions earlier this year.
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Crude oil prices did not change significantly on Tuesday, paring earlier gains in line with U.S. stock markets as voters head to the polls to elect the next president of the United States. Brent crude lost 11 cents or 0.24 percent to settle at $ 46.04 per barrel. WTI crude rose by 0.09 cents or 0.20 percent to end at $44.98 per barrel.
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French energy markets regulator CRE suggested on Tuesday stricter rules under which alternative energy providers purchase electricity from nuclear power station run by state-controlled utility EDF.
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The gas pipeline operators of Bulgaria and Slovakia have inked a memorandum of understanding to cooperate in connecting the proposed Eastring pipeline and Balkan gas hub project, as stated by Bulgaria's energy ministry on Friday.
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