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Global Oil Production Tops 100 Million Barrels in June

Global Oil Production Tops 100 Million Barrels in June

Global oil supply increased by 300 thousand barrels per day to 100.28 million barrels per day (mbpd), topping the 100 mb/d mark for the first time since January, according to data from the International Energy Agency (IEA) on Friday.

Global Oil Supply Falls in June 2019

Global Oil Supply Falls in June 2019

Global oil supply has increased in June 2019 by 0.47 million barrels per day (mb/d) month on month (m-o-m) to average 98.56 mb/d, the Organization of Petroleum Exporting Countries (OPEC) showed on Thursday.

Turkeys Installed Power Capacity Up 58% in 5 Months

Turkey's Installed Power Capacity Up 58% in 5 Months

Turkey's installed power capacity increased by 58% in the January-May period of 2019, compared to the same period last year, according to calculations made by Anadolu Agency on Thursday.

Turkish Circular Economy-Based Solid Waste PPP Secures EUR 9 Million Loan

Turkish Circular Economy-Based Solid Waste PPP Secures EUR 9 Million Loan

A joint venture between France’s Suez Groupe and Turkish waste management firm Altas has secured a EUR 9 million loan for a EUR 15 million circular economy-based project to develop an integrated solid waste management system in Turkey’s province of Canakkale under a public-private partnership (PPP).

UK Revs Up Electric Vehicle Charging Station Investment

UK Revs Up Electric Vehicle Charging Station Investment

The U.K. government will invest £37 million (264 million Turkish Lira) in engineering to transform electric vehicle charging infrastructure, the Department for Transport announced on Tuesday.

Turkey Boosts Energy Cooperation With China

Turkey Boosts Energy Cooperation With China

Turkey and China are increasing their energy cooperation through a range of projects, Turkey's Energy and Natural Resources Minister Fatih Donmez told Anadolu Agency on Monday.

Global Wind Power Capacity to Grow by 60% in 5 Years

Global Wind Power Capacity to Grow by 60% in 5 Years

Global wind power capacity additions are expected to sit at an annual average of 71 gigawatts (GW) from 2019-2023 and 76 GW from 2024-2028, according to a new research from Wood Mackenzie Power & Renewables on Monday.

The Electricity Price for Business Increased with 203%

The Electricity Price for Business Increased with 203%

A shocking jump in the current electricity price for business. Thei ncrease is 203% compared to last Friday's prices. On the Bulgarian market, megawatt hour in the category is 196 leva.

E. Mediterranean Oil, Gas Belong to All Cypriots

E. Mediterranean Oil, Gas Belong to All Cypriots

Hydrocarbon resources in the East Mediterranean belong to both Turkish Cypriots and Greek Cypriots, the deputy premier and foreign minister of the Turkish Republic of Northern Cyprus (TRNC) said in Geneva on Wednesday.

Eni Awarded New License in Ghana’s Offshore Fields

Eni Awarded New License in Ghana’s Offshore Fields

Eni is expanding its presence in Ghana with the company's and partner Vitol's winning bid in Ghana's first international bid round in which five offshore blocks have been put on offer in water depths ranging from 100 to 4,400 meters.

Scotlands Green Economy Gets £10 Million Boost

Scotland's Green Economy Gets £10 Million Boost

A total of 21 projects in Scotland have been awarded a share of £10 million (71.8 million Turkish liras) by electricity transmission and distribution network operator ScottishPower Energy Networks on Monday.

Iran Exceeds 300 Kg Enriched Uranium Limit

Iran Exceeds 300 Kg Enriched Uranium Limit

Iran has breached the 300-kilogram limit of the low-level enriched uranium in the 2015 nuclear deal, the semi-official Fars news agency reported on Monday.

Turkeys Crude Oil Imports up by 60.94% in April

Turkey's Crude Oil Imports up by 60.94% in April

Turkey's crude oil imports rose by 60.94% to 2.37 million tonnes in April 2019 compared to the same month of 2018, according to a report released by the country's energy watchdog on Monday.