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Turkey’s banking association expects $10bn of electric utility loan restructuring this year
Energy companies left up to their necks in debt by lira crisis.
US ‘unlikely to win battle against Iran’s oil exports with China, Syria, Turkey still buying’
Europe’s Instex trade channel for Iran ‘won’t work until mirror company, money laundering and terrorism financing goals are met’
US shows no interest in French credit lines plan for Iran, Tehran announces uranium centrifuges step
Environmental NGO files complaint against Bosnia over halted incentives for wind power
Russia's Rosneft oil major claims Druzhba crisis still unresolved
Russian oil major Rosneft claims that state oil pipeline operator Transneft has failed to resolve all the issues with chlorine contaminated oil, Reuters reported on September 3 citing the announcement of Russia's largest crude oil producer.
KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan
Auditor’s decision to withdraw three years of reports is likely to change the outcome of the $500mn international legal battle between businessman Anatol Stati and the Kazakh state.
Europe can save nuclear deal with credit line or by persuading US to grant oil export sanctions waivers says Tehran
Albania’s net power generation plunges 53% y/y in 2Q19
Unfavourable weather conditions this year limited production at Albania's main hydropower plants, while electricity imports soared.
Romania’s Hidroelectrica plans 10% IPO next September
Unpredictable Trump may encounter an unpredictable Iran warns Tehran’s top diplomat
Zarif’s remarks come as Australia and Bahrain agree to back US-led maritime security mission off Iranian coast already supported by UK.
Russia's Rosneft and finance ministry wrestle over Arctic funding
Russia's finance ministry is insisting that the moratorium on oil and gas extraction support is extended for the Arctic region, while Rosneft pushes through support for its Arctic project Vostok Oil.
Poland reportedly considering supporting US-led mission to protect tankers off coast of Iran
Russia’s LNG production soaring in 2019
Russia has kept is oil and gas production capped in keeping with the terms of the OPEC+ deal, but the production of LNG has soared in the last year, as the Kremlin hopes to turn gas into a commodity that can be sold anywhere.
Serbia completes first section of TurkStream gas pipeline
Turkey’s Tupras reports 15% y/y decline in Q2 profit
Q2 profit significantly above market average expectation mainly thanks to hefty deferred tax gain recorded by oil refiner.
Russia's Gazprom could SPO another 3.7% in autumn 2019
Russia's natural gas giant and pipeline exports monopolist Gazprom could SPO an additional 3.7% of its quasi-treasury shares in the next few months to cash in again on a dramatic rally in the company’s share price in July
Russian oil, gas output continues rising despite setbacks
Russian oil and gas production climbed further in the first seven months of 2019, despite cutbacks relating to the dirty oil crisis and a recent dip in gas exports.
Ukraine considers repeating tender for offshore oil and gas block
London-traded oil company Trident Resources recently won a contest for exploration rights to more than 9,500 square km of acreage in the Black Sea, although the government has suggested it may cancel the award.
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