
The Brenner Tunnel Company was hit by a cyberattack, while Greece resumed electrical cable surveys with Cyprus, and Iraq announced oil production exceeding 5 million barrels per day amid negotiations with OPEC.
AI-generated summary
European infrastructure projects have been subjected to cyber attacks recently, while Iraq seeks to increase its oil production despite OPEC restrictions.
The company responsible for the “Brenner Main Tunnel” railway project, linking Austria and Italy, was subjected to a cyber attack.
BPT, the company responsible for constructing the tunnel, announced that unknown persons were able to access parts of the data available over the Internet.
A company spokesman said, according to the German News Agency, on Saturday, that this targeted cyber attack, which occurred in mid-October, did not pose any threat to the construction work of the tunnel, which is 64 kilometers long, or to its future operation. The spokesman noted that highly sensitive data was not affected by the attack. The spokesman did not provide any information about the identity of the potential perpetrators or the motives behind the attack.
The Italian authorities are investigating the incident, given that the company’s headquarters are located in the city of Bolzano in northern Italy.
The Brenner Base Tunnel is one of the important European infrastructure projects. This project, which costs 11.7 billion euros, is scheduled to begin operation starting in 2034, which will contribute to significantly reducing travel times between Germany and Italy.
The "Femarne Belt Tunnel" project, which connects Germany and Denmark, was also subjected to a cyber attack in the middle of last month. The company supervising the project, Femarne AS, announced that the attack that targeted the company executing the work, Femarne Link Contractors, temporarily affected a number of information technology systems at the construction site.
This tunnel, which is about 18 kilometers long, is scheduled to connect the German island of Wemarn, located in the Baltic Sea, with the Danish island of Lolland, which will reduce the train journey time between Hamburg and Copenhagen to about two and a half hours.
Greece allowed the resumption of preliminary survey work to extend an electrical cable connecting it to Cyprus and then to Israel, according to what the Greek Ministry of Foreign Affairs announced.
The huge project aims to connect the electricity networks in Greece and Cyprus, and then Israel in a second phase, via a high-voltage direct current submarine cable, with a length of about 1,208 kilometers, including 900 kilometers between Crete and Cyprus, and 310 kilometers between Cyprus and Israel.
The French cable manufacturer Nexans is participating in the project. Based on the company’s request, Greek Foreign Minister Giorgos Gerapetritis issued a “licensing decision for the survey work necessary to extend the electrical interconnection cable,” according to a ministry statement issued on Friday evening.
The statement stated that the license was accompanied by the issuance of a navigational notice (NAFTEX) off the Greek island of Crete in the south and Cyprus, to enable the French ship “Abyei Marengo” to begin surveying work for “Nexans.” The ship arrived in late October at the port of Heraklion, the capital of Crete.
The Greek News Agency quoted a diplomatic source as saying, “Abyei Marengo’s work will be carried out according to the schedule set by the company, in Greek and Cypriot waters and areas located within the continental shelf of Greece and Cyprus.”
In the summer of 2023, “Nexans” won a contract worth 1.43 billion euros to construct the part between Cyprus and Greece of the “Eurasia” electrical interconnection project, which was described as “the largest electrical interconnection project in history.”
Cyprus is the only European country not connected to the gas grid or the electricity grid on the European continent. The project has been stalled since January due to “discussions at the political level, especially the European one,” according to Nexans.
In 2024, Türkiye, Greece's neighbor, objected to conducting studies to measure water depths in the marine area off the Greek island of Kasos, near its western coast.
Iraqi Oil Minister Bassem Muhammad Khudair said on Saturday that his country produces more than 5 million barrels of oil per day.
A conflict that lasted for years caused severe damage to Iraq. It forced him to significantly reduce his exports, and deprived the state of oil revenues, which constituted 88 percent of government revenues last year.
The Iraqi News Agency quoted the minister as saying, “Iraq produces more than 5 million barrels of oil daily, and there is a difference between the production capacity and its export capacity for Iraq.” He stated that OPEC imposes on Iraq a production capacity of up to 4 million and 330 thousand barrels per day at a time when production exceeds the ceiling of 5 million barrels, indicating that the Ministry of Oil is committed to the export ceiling set by OPEC.
He added, “There is a dialogue with OPEC to raise the ceiling on exports, given the specificity that Iraq enjoys and the nature of the circumstances it has gone through over the past five decades, and Iraq deserves to raise production rates in order to provide the necessary financial returns to develop infrastructure and implement government plans.”
Iraq is moving towards implementing plans to raise crude oil production rates to 10 million barrels per day by 2030, in cooperation with major international oil companies. American companies, most notably ExxonMobil and Chevron, are currently engaged in negotiations in Iraq to win investments in the “West Qurna I” and “Majnoon” fields, which are two of the giant fields in Iraq, and other fields in Dhi Qar Governorate, to support Iraq’s plans to increase the production capacities of crude oil.
AI outlook — possibilities, not facts
Iraq continues to negotiate with OPEC to raise the ceiling on exports
Likely · Within months

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Italian Foreign Minister Antonio Taiani was subjected to a cyber attack and his data leaked on the dark web by pro-Russian hackers. At the same time, France is witnessing widespread demonstrations against the high cost of living amid strict security measures and the deployment of 70,000 police.

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Italian Foreign Minister Antonio Taiani was cyber-targeted and his data leaked on the dark web, while France is witnessing widespread demonstrations against the high cost of living amid tight security measures and expectations of union pressure on the government.

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Greece allowed surveying work to resume for an electrical interconnection cable with Cyprus and Israel. In a separate context, Iraq demanded an increase in its production quota in OPEC, while the Chinese Central Bank continued to buy gold for the 24th month in a row.