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Turkey to Drill in Mediterranean This Year: Energy Min.

Turkey to Drill in Mediterranean This Year: Energy Min.

Παρ, 27 Ιουλίου 2018 - 17:19

Turkey, with the aid of the country's first drilling vessel, Fatih, will drill its first well in the Mediterranean this year Fatih, Turkey's Energy and Natural Resources Minister Fatih Donmez said late Thursday

Oil Output Rise May Be on Cards: Russias Energy Min.

Oil Output Rise May Be on Cards: Russia's Energy Min.

Παρ, 27 Ιουλίου 2018 - 17:15

The decision of the Organization of the Petroleum Exporting Countries (OPEC) to limit oil production could be reviewed and revised up, according to Alexander Novak, Russia's energy minister on Friday

Ukraine, US Join Forces Against Nord Stream 2 Project

Ukraine, US Join Forces Against Nord Stream 2 Project

Πεμ, 26 Ιουλίου 2018 - 14:55

President of Ukraine Petro Poroshenko said collaboration between Ukraine and the U.S. is crucial to successfully oppose the construction of the Nord Stream 2 gas pipeline project that plans to bring Russian gas to Europe, he said late Wednesday

Spanish Iberdrolas Net Profit Up 27% in 1H18

Spanish Iberdrola's Net Profit Up 27% in 1H18

Τετ, 25 Ιουλίου 2018 - 14:27

Spanish energy company Iberdrola's net profit increased by 27 percent to €1.367 billion in the first half of 2017, compared to the same period of 2016, the company said on Wednesday

Turkeys Gas Imports Fall By Almost 19% in May

Turkey's Gas Imports Fall By Almost 19% in May

Τετ, 25 Ιουλίου 2018 - 14:22

Turkey's natural gas imports decreased by almost 19 percent in May compared to the same month last year, according to the Turkish energy watchdog's data released on Wednesday

Siemens Gamesa Wins Order for 235MW Wind Park in Sweden

Siemens Gamesa Wins Order for 235MW Wind Park in Sweden

Τρι, 24 Ιουλίου 2018 - 16:35

Siemens Gamesa Renewable Energy (SGRE) received an order from U.K.-based Green Investment Group (GIG) to supply 56 wind turbines for the 235-megawatt (MW) Overturingen Wind Park in central Sweden, SGRE announced Monday

Turkeys Power Generation Rises 0.73 pct in May

Turkey's Power Generation Rises 0.73 pct in May

Τρι, 24 Ιουλίου 2018 - 16:15

Turkey's electricity production increased by 0.73 percent in May compared to the same month last year, according to the latest data revealed by the country's energy watchdog

Africa Becomes Fossil-Fueled Thanks to Rich Investors

Africa Becomes Fossil-Fueled Thanks to 'Rich' Investors

Δευ, 23 Ιουλίου 2018 - 15:18

Each year approximately $20 billion from government-backed financial institutions around the world flows to energy projects in Africa that mainly support fossil fuel development, according to the report of Oil Change International, the U.S.-based research, communication, and advocacy organization on Monday

Petrofac to Work on Gas Storage Expansion Project in Turkey

Petrofac to Work on Gas Storage Expansion Project in Turkey

Δευ, 23 Ιουλίου 2018 - 15:09

British oilfield services provider Petrofac, in a joint venture (JV) with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project Management Consultancy (PMC) services contract in support of Phase III of the BOTAS North Marmara Underground Gas Storage Expansion Project in Turkey, the company announced last week

Iran Expects 84 Mcm/D Rise in South Pars Gas Output

Iran Expects 84 Mcm/D Rise in South Pars Gas Output

Παρ, 20 Ιουλίου 2018 - 14:54

Plans are underway to add 84 million cubic meters (mcm) per day to the natural gas production capacity of Iran's South Pars gas field by late March 2019, the Oil Ministry's news agency Shana said in a report on Wednesday

Turkish ELDER to Invest 20B TL for Power Distribution

Turkish ELDER to Invest 20B TL for Power Distribution

Παρ, 20 Ιουλίου 2018 - 14:49

A total of 20 billion Turkish liras will be invested in Turkey's electricity sector to develop the distribution network between 2016 and 2020, and from this total 2 billion liras will be allocated to technological investments, according to Serhat Cecen, the head of Turkey's Electricity Distribution Services Association (ELDER) on Friday

OPEC & Non-OPEC Reach 121% Oil Cut Conformity in June

OPEC & Non-OPEC Reach 121% Oil Cut Conformity in June

Πεμ, 19 Ιουλίου 2018 - 14:53

The Organization of the Petroleum Exporting Countries (OPEC) and participating non-OPEC producing countries achieved a conformity level of 121 percent in June 2018, OPEC said in a statement late on Wednesday

$23B for Turkeys Elec. Privatization in Past 10 Yrs

$23B for Turkey's Elec. Privatization in Past 10 Yrs

Πεμ, 19 Ιουλίου 2018 - 14:49

Turkey's electricity sector allocated around $23 billion for electricity distribution and privatization over the last 10 years, according to Serhat Cecen, the head of Turkey's Electricity Distribution Services Association (ELDER) on Thursday

South Korea Illegally Imported Coal From North

South Korea Illegally Imported Coal From North

Τετ, 18 Ιουλίου 2018 - 14:46

Coal from North Korea was shipped to the South on two occasions in 2017, according to an annual United Nations sanctions committee report. The UN Security Council adopted a resolution last year banning exports of coal from the North along with other minerals