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Turkish Wind Market Grows 7 Percent in 2018

Turkish Wind Market Grows 7 Percent in 2018

The Turkish wind energy sector grew 7.24 percent in 2018, the president of the Turkish Wind Energy Association said Monday.

Turkeys State Energy Expenditure up 15.3% in 2019

Turkey's State Energy Expenditure up 15.3% in 2019

Turkey approved a 15.3 percent annual increase in public expenditure in its energy and mining sectors in 2019, the country's Official Gazette announced Monday.

EU to Promote Euro Over Dollar in Energy Trade

EU to Promote Euro Over Dollar in Energy Trade

The European Union (EU) has agreed to gather a comprehensive industrial group together in an effort to break the monopoly of the U.S. dollar in energy trading and promote the euro, according to international media outlets on Wednesday.

Turkeys Wind Energy Sector Grows 7.24 Percent in 2018

Turkey's Wind Energy Sector Grows 7.24 Percent in 2018

Turkey invested $650 million to wind energy sector and added 457 megawatts (MW) of installed capacity in 2018, Turkish Wind Energy Association (TUREB) data showed on Tuesday.

Global Oil Supply Falls in Jan. 19: OPEC

Global Oil Supply Falls in Jan. '19: OPEC

Global oil supply decreased month-on-month in January by 1.03 million barrels per day (mb/d) to average 99.32 mb/d, preliminary data of the Organization of the Petroleum Exporting Countries (OPEC) showed on Tuesday.

Africa, Middle East Onshore Wind Boosts by 45% in 2018

Africa, Middle East Onshore Wind Boosts by 45% in 2018

Global Wind Energy Council (GWEC) data on Monday showed that Africa and the Middle East installed 962 megawatts (MW) of onshore wind power capacity in 2018, an increase of more than 300 MW compared to 2017.

US Electricity Mix to Highly Depend on Gas Prices: EIA

US Electricity Mix to Highly Depend on Gas Prices: EIA

The U.S.' electricity generation mix will depend highly on natural gas prices in the future, the U.S.' Energy Information Administration (EIA) said in a statement on Wednesday.

Russia Produces 1st Reactor Base for Akkuyu Nuke Plant

Russia Produces 1st Reactor Base for Akkuyu Nuke Plant

The pressure vessel base for the Akkuyu nuclear plant's first reactor has been manufactured, the project developer company Russian State Atomic Energy Corporation Rosatom said in a statement on Friday.

Croatian Power Utility HEP Seeking Partners Interested in Development, Sale of Renewable Energy Projects

Croatian Power Utility HEP Seeking Partners Interested in Development, Sale of Renewable Energy Projects

Croatia’s state power utility Hrvatska Elektroprivreda (HEP) is exploring options for the development and construction of renewable energy facilities in Croatia and the integration of completed or highly developed renewables projects into its production portfolio, according to the company’s public invitation for the submission of expressions of interest.

Total SA Income, Revenue Rise Through Record Production

Total SA Income, Revenue Rise Through Record Production

French integrated oil and natural gas giant Total S.A. saw its net income and revenue increase in the fourth quarter of 2018 with production reaching a record high level, according to the firm's financial statement released Thursday.

Exxonmobil, Qatar Petr. to Invest $10B for LNG Exports

Exxonmobil, Qatar Petr. to Invest $10B for LNG Exports

American energy giant ExxonMobil and Qatar Petroleum will invest more than $10 billion to export liquefied natural gas (LNG) from the U.S. state of Texas, the companies announced on Tuesday.

Turkeys Energy Import Bill Up 15.6% in 2018

Turkey's Energy Import Bill Up 15.6% in 2018

Turkey's energy import bill in 2018 increased by nearly 15.6 percent compared to 2017, according to Turkish Statistical Institute's (Turkstat) data on Wednesday.