1. English Edition

English Edition

Does Iran Pose Threat to Mid. East Oil Transit?

Does Iran Pose Threat to Mid. East Oil Transit?

Τετ, 8 Αυγούστου 2018 - 16:40

The temporary halt in crossings through the Bab-El-Mandeb Strait and Iran's recent blockage threat of the Strait of Hormuz for the passage of cargo ships and oil tankers in the Middle East are raising concerns on whether oil transit would continue unabated in the region, and if the Hormuz blockage goes ahead, on whether oil prices would subsequently rise

Turkstream 2 More Than 45% Completed: Company Official

Turkstream 2 More Than 45% Completed: Company Official

Τετ, 8 Αυγούστου 2018 - 16:30

The second line of the TurkStream natural gas pipeline project is over 45 percent completed, according to Asli Esen, the project's spokesperson on Wednesday. Esen told journalists at a news conference that the giant construction vessel, Pioneering Spirit, which is continuing works on the Black Sea, has finished around 46 percent of the pipelaying for the second line as of Aug. 7

Bulgaria Braces for Turkstream 2 With Gas Flow Boost

Bulgaria Braces for Turkstream 2 With Gas Flow Boost

Τρι, 7 Αυγούστου 2018 - 15:51

The ability to have reverse gas flows via the Trans-Balkan pipeline between Bulgaria and Romanian, Greek and Macedonian markets will ensure the pipeline's full-capacity utilization, which otherwise would be almost idle with the launch of the TurkStream 2 natural gas pipeline, according to a Senior Fellow at the EastWest Institute, an international affairs think tank on Tuesday

Hungary Voices its First Opposition to Nord Stream 2

Hungary Voices its First Opposition to Nord Stream 2

Τρι, 7 Αυγούστου 2018 - 15:49

The Nord Stream 2 natural gas pipeline, which plans to carry Russian gas to Germany through the Baltic sea, will bring more drawbacks for Eastern Europe than benefits, according to Peter Kaderjak, Hungary's state secretary for energy and climate policy

US Coal Consumption Hits Lowest Level Since 1983

US Coal Consumption Hits Lowest Level Since 1983

Δευ, 6 Αυγούστου 2018 - 15:26

The U.S. electric power sector consumed 661 million short tons (MMst) of coal in 2017, marking the lowest amount of coal consumed since 1983, according to data revealed by the Energy Information Administration on Friday

Greenhouse Gases Hit Highest Level in 800,000 Years

Greenhouse Gases Hit 'Highest' Level in 800,000 Years

Παρ, 3 Αυγούστου 2018 - 19:07

The dominant greenhouse gases released into earth's atmosphere, including carbon dioxide, methane, and nitrous oxide, reached new record highs in 2017, hitting a level not seen in 800,000 years, according to a recent report

Erdogan Announces Turkeys 100-Day Energy Plan

Erdogan Announces Turkey's 100-Day Energy Plan

Παρ, 3 Αυγούστου 2018 - 17:47

Turkish President Recep Tayyip Erdogan on Friday announced that the country's plans to develop the domestic energy sector would include the purchase of a second drilling vessel to conduct offshore exploration of hydrocarbons in waters surrounding the country

UK Must Provide Road Map for Gas After Brexit

UK Must Provide Road Map for Gas After Brexit

Τετ, 1 Αυγούστου 2018 - 17:56

The U.K. government needs to provide clarity on the future role of gas in the U.K. to allow the industry to make informed investment decisions after Brexit, a report by Warwick Business School said on Tuesday

European Commission Grants 5 Million Euros to TANAP

European Commission Grants 5 Million Euros to TANAP

Τετ, 1 Αυγούστου 2018 - 17:26

The European Commission's Connecting Europe Facility (CEF) allocated around 5 million euros to the Trans-Anatolian Natural Gas Pipeline project (TANAP), the company announced yesterday

Repsol, Enagas to Develop Renewable Hydrogen Technology

Repsol, Enagas to Develop Renewable Hydrogen Technology

Τρι, 31 Ιουλίου 2018 - 16:59

Spanish energy company Repsol and Spanish gas system operator Enagas have signed an agreement to continue developing technology that allows the production of renewable hydrogen, Repsol announced on Monday

Turkeys Energy Import Bill up 36 percent in June

Turkey's Energy Import Bill up 36 percent in June

Τρι, 31 Ιουλίου 2018 - 16:56

Turkey's energy import bill increased by 36 percent to nearly $3.44 billion in June from nearly $2.53 billion for the same month last year, according to Turkish Statistical Institute's (TurkStat) data released Tuesday

Bloomberg: Gasoline in Bulgaria is Cheap but Inaccessible

Bloomberg: Gasoline in Bulgaria is Cheap but Inaccessible

Δευ, 30 Ιουλίου 2018 - 14:53

The Bloomberg agency (Bloomberg.com) has produced a ranking of countries according to the price of gasoline A-95. Bulgaria has the cheapest but also the most inaccessible fuel in the entire European Union

Oil, Gas Discoveries up Nearly 30 Percent in First Half of 2018

Oil, Gas Discoveries up Nearly 30 Percent in First Half of 2018

Δευ, 30 Ιουλίου 2018 - 14:49

Global discoveries of conventional oil and natural gas were up nearly 30 percent in the first half of 2018 compared to last year, according to a recent analysis by Oslo-based Rystad Energy, an independent energy research and business intelligence company