Headlines
    Moldova’s Russia-backed breakaway region strikes deal to end energy crisis

    Moldova’s Russia-backed breakaway region strikes deal to end energy crisis

    Shorouk Express A senior Moldovan government official confirmed the details to POLITICO. “Russia blocked the EU-proposed solution for the Transnistrian region” over fears of losing its hold over the unrecognized state,” added the official, who was granted anonymity to discuss the arrangement. Moscow has historically provided free gas to the separatist authorities, allowing them to…

    Read More
    Eni outlines strategy for renewable energy growth in Central Asia (Exclusive)

    Eni outlines strategy for renewable energy growth in Central Asia (Exclusive)

    Shorouk Express BAKU, Azerbaijan, January 28. Eni has significantly expanded its presence in Kazakhstan, balancing its operations in major oil fields such as Kashagan and Karachaganak with a growing commitment to renewable energy, a source at Eni told Trend. “In Kazakhstan, we are actively involved in the exploration, development, and production of hydrocarbons and natural…

    Read More
    EBRD approves €35M loan to modernize Montenegro’s energy sector

    EBRD approves €35M loan to modernize Montenegro’s energy sector

    Shorouk Express BAKU, Azerbaijan, January 27. The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 35 million euros to Montenegro’s Crnogorski Elektrodistributivni Sistem (CEDIS) to modernize the country’s energy sector, Trend reports. This financing will help implement a new SCADA system, an advanced distribution management system (ADMS), and install…

    Read More
    Russian, Turkish FM’s discuss preventing energy security risks

    Russian, Turkish FM’s discuss preventing energy security risks

    Shorouk Express BAKU, Azerbaijan, January 12. Russian Foreign Minister Sergei Lavrov and Turkish Foreign Minister Hakan Fidan held a telephone conversation, the Russian Foreign Ministry said in a statement, Trend reports. According to the information, during the telephone conversation, the ministers exchanged views on international and regional issues, including the situation around Ukraine. “Particular attention…

    Read More