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Turkey expects the first reactor of the nuclear power plant project Akkuyu (estimated at USD 20 B) to become operational by the end of 2023, stated Turkish Energy Minister Berat Albayrak, cited by Reuters.
Turkish President Erdogan has already announced that work on the joint project with Russia may be accelerated after a rapprochement between Ankara and Moscow took place in August.
At the presentation of the budget for 2017, Berat Albayrak stated that Turkey will focus on improving security of supplies of energy and natural gas, and will use own and renewable sources to the maximum possible extent.
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In a significant move towards bolstering security in the Black Sea region, the Turkish Parliament has ratified a memorandum paving the way for the establishment of a Mine Countermeasures Naval Group
Russia has called for restraint from all parties involved following Iran's recent drone and missile attack on Israel
The Russian army has honed in on the strategic town of Chasiv Yar in Ukraine, setting a deadline of May 9 for its capture
Tensions escalate in central Ukraine as debris from a downed Russian drone inflicts injuries on 12 individuals, including a child, according to reports from the military administration of the Dnipropetrovsk region
Tragedy strikes as more than 30 lives are lost in Afghanistan due to devastating floods triggered by seasonal rains
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
