1. English Edition

English Edition

World Oil Output Sees Biggest Monthly Drop in 10+ Years

World Oil Output Sees Biggest Monthly Drop in 10+ Years

Παρ, 11 Οκτωβρίου 2019 - 20:51

Global oil supply fell by 1.5 million barrels per day to 99.25 million barrels per day (mbpd) in September, according to data from the International Energy Agency (IEA) on Friday. 

Turkey to Restructure $10 Billion Energy Finance in 19

Turkey to Restructure $10 Billion Energy Finance in '19

Παρ, 11 Οκτωβρίου 2019 - 20:48

Turkey's energy investors restructured around $7.5 billion out of an approximate $13 billion non-performing loans (NPLs) while the banks and companies also agreed initial settlements to restructure a further $2.5 billion by the end of 2019, banking sector sources who asked to remain anonymous told Anadolu Agency.

US Crude Oil Production Breaks New Record High

US Crude Oil Production Breaks New Record High

Πεμ, 10 Οκτωβρίου 2019 - 20:59

Crude oil production in the U.S. reached a new record high of 12.6 million barrels per day (bpd) for the week ending Oct. 4, according to data released by the Energy Information Administration (EIA) on Wednesday.

Completion of 1st Line of Turkstream Due by Year End

Completion of 1st Line of Turkstream Due by Year End

Πεμ, 10 Οκτωβρίου 2019 - 20:55

The first 930-kilometer-long pipeline of the TurkStream natural gas dual pipeline project to carry Russian gas to Turkey is set to become operational by the end of the year in line with Turkey's 11th development plan, covering the period 2019-2023.

Turkeys Daily Power Consumption up 4.06% on Oct. 8

Turkey's Daily Power Consumption up 4.06% on Oct. 8

Τετ, 9 Οκτωβρίου 2019 - 20:22

Turkey's daily electricity consumption increased by 4.06% to 768,181 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

EIA Lowers Oil Price Forecasts for 2020 by $2 A Barrel

EIA Lowers Oil Price Forecasts for 2020 by $2 A Barrel

Τετ, 9 Οκτωβρίου 2019 - 20:18

The U.S.' Energy Information Administration (EIA) lowered oil price forecasts for 2020 by $2 per barrel based on expectations that global oil inventories will increase next year, according to its Short-Term Energy Outlook (STEO) report for October.

Turkeys Daily Power Consumption Down 0.001% on Oct.3

Turkey's Daily Power Consumption Down 0.001% on Oct.3

Παρ, 4 Οκτωβρίου 2019 - 20:06

Turkey's daily electricity consumption decreased by 0.001% to 784,432 megawatt-hours on Thursday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday.

US Crude Oil Exports Jump 200% in First Half of 2019

US Crude Oil Exports Jump 200% in First Half of 2019

Παρ, 4 Οκτωβρίου 2019 - 19:52

The U.S.' crude oil exports increased by 200% in the first half of 2019, compared to the same period of 2018, the country's Energy Information Administration (EIA) said in a statement on Thursday.

Hungarys MOL Breaks Ground of €1.2B Petrochemical Plant

Hungary's MOL Breaks Ground of €1.2B Petrochemical Plant

Παρ, 27 Σεπτεμβρίου 2019 - 20:26

In a move to transform its business from fuels to chemicals with an integrated value chain, Hungary's MOL together with German thyssenkrupp Industrial Solutions laid the foundation stone Friday to construct a €1.2 billion petrochemical facility - a polyol plant.

Turkish Nat. Gas Price to Remain Unchanged in Near Term

Turkish Nat. Gas Price to Remain Unchanged in Near Term

Παρ, 27 Σεπτεμβρίου 2019 - 20:22

The price of natural gas is not forecast to change in the near term, Energy and Natural Resources Minister Fatih Donmez said Friday. Highly dependent on foreign natural gas imports, Turkey last saw a gas price increase of 14.9% on Aug. 31.

Turkeys Daily Power Consumption Up 1.52% on Sep. 25

Turkey's Daily Power Consumption Up 1.52% on Sep. 25

Πεμ, 26 Σεπτεμβρίου 2019 - 20:07

Turkey's daily electricity consumption increased by 1.52% to 792,984 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

Eni, Mainstream to Cooperate for Large-Scale Renewables

Eni, Mainstream to Cooperate for Large-Scale Renewables

Τετ, 25 Σεπτεμβρίου 2019 - 20:25

Italian Eni and global wind and solar development company, Mainstream Renewable Power (Mainstream) signed a cooperation agreement to develop large-scale renewable assets, Eni announced in a statement on Wednesday.

Turkeys Daily Power Consumption Up 3.46% on Sep. 24

Turkey's Daily Power Consumption Up 3.46% on Sep. 24

Τετ, 25 Σεπτεμβρίου 2019 - 20:21

Turkey's daily electricity consumption increased by 3.46% to 781,088 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

Delegates From More Than 100 Companies Met at EPOCH Congress

Delegates From More Than 100 Companies Met at EPOCH Congress

Τρι, 24 Σεπτεμβρίου 2019 - 20:01

Closed-door Congress, co-hosted with Hellenic Petroleum, took place in Thessaloniki earlier this week. The event was supported by both Greek and international media with reporters taking exclusive comments and interview from top-managers.

Turkeys Daily Power Consumption Up 14.% on Sep. 23

Turkey's Daily Power Consumption Up 14.% on Sep. 23

Τρι, 24 Σεπτεμβρίου 2019 - 19:58

Turkey's daily electricity consumption increased by 14% to 754,939 megawatt-hours on Monday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Tuesday.