First offshore wind farm to attract 3 billion dollars in investments – Turkey, 3 August 2018

Chairman of Turkish Wind Energy Association (TUREB) Mustafa Serdar Ataseven said that the first Turkish offshore wind farm project is expected to attract around 3 billion dollars in investments. Ataseven stressed that companies from several countries, including Germany, Denmark, India, China, South Korea and Japan, are interested in the project. The first stage will have […]

STAR refinery started trial operation – Turkey, 3 August 2018

Turkey’s biggest refinery STAR, in which State Oil Company of Azerbaijan (SOCAR) invested 6.3 billion dollars, has been put into trial operation after receiving its first crude oil shipment from Azerbaijan. Trial operation will last until October. CEO of SOCAR’s local subsidiary Zaur Gahramanov said that SOCAR Turkey is rapidly moving year after year towards […]

OPCOM launched day-ahead market for natural gas – Romania, 3 August 2018

Romanian energy exchange OPCOM announced that on 31 July the first trading session on the day-ahead market for natural gas, for delivery on 1 August, took place. The statement from OPCOM said that the day-ahead market for natural gas gives the market participants the possibility to adjust their own trading portfolios and to mitigate and/or […]