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Turkeys Energy Import Bill up 2.7% in February 2019

Turkey's Energy Import Bill up 2.7% in February 2019

Turkey's energy import bill increased by 2.7 percent to over $3.44 billion in February compared to the same month of 2018, according to data released by the Turkish Statistical Institute on Friday.

EU Sets 37.5% CO2 Reduction Target for New Cars by 2030

EU Sets 37.5% CO2 Reduction Target for New Cars by 2030

Members of the European Parliament (EP) and EU ministers agreed on a higher reduced emissions target of 37.5 percent compared to the European Commission’s proposed 30 percent for EU fleet-wide emissions for new cars by 2030, the EP announced Wednesday.

Largest Islamic Energy Bank to Include Turkish Projects

Largest Islamic Energy Bank to Include Turkish Projects

Turkish energy projects will be able to get loans from the world's largest Islamic energy bank, due to be set up later this year, according to the CEO of the Qatar Financial Centre (QFC).

Turkeys LPG Imports Down 18.35 Pct in Jan. 2019

Turkey's LPG Imports Down 18.35 Pct in Jan. 2019

Turkey's liquefied petroleum gas (LPG) imports decreased 18.35 percent to 241.6 thousand tonnes in January 2019 compared to the same month of the previous year, according to the latest data revealed by the country's energy watchdog on Wednesday.

Global Energy Demand Hits Fastest Pace This Decade: IEA

Global Energy Demand Hits Fastest Pace This Decade: IEA

Energy demand worldwide reached its fastest pace this decade and saw a 2.3 percent growth last year, driven by a robust global economy and stronger heating and cooling demand in some regions, according to the International Energy Agency's (IEA) report on Tuesday.

US Nuclear Output in 2018 Surpasses Previous 2010 Peak

US Nuclear Output in 2018 Surpasses Previous 2010 Peak

U.S. nuclear power plants generated 807.1 million megawatt-hours (MWh) of electricity in 2018, surpassing the previous peak of 807.0 million MWh in 2010, the U.S. Energy Information Agency (EIA) said on Thursday.

Russia Allots 25 Nuclear Education Places to Turkey

Russia Allots 25 Nuclear Education Places to Turkey

The Russian State Atomic Energy Corporation Rosatom allocated a quota for 25 Turkish students to complete a Master's degree in nuclear energy in St. Petersburg Polytechnic University, the Russian company announced on Friday.

GE to Co-Develop 583 MW Gas Power Plant in Bangladesh

GE to Co-Develop 583 MW Gas Power Plant in Bangladesh

GE Power and Summit, Bangladesh's largest independent power producer, will co-develop a 583-megawatt (MW) combined cycle gas power plant near Dhaka, Bangladesh, the global energy giant announced Monday.

EBRD Offsets Own Carbon Emissions

EBRD Offsets Own Carbon Emissions

The European Bank for Reconstruction and Development (EBRD) has started offsetting greenhouse gas emissions from its own operations, including office buildings and flights by purchasing carbon credits from a Turkish renewable energy project it financed earlier, the bank announced Monday.

Baku, Moscow Mull Russian Oil to Turkeys STAR Refinery

Baku, Moscow Mull Russian Oil to Turkey's STAR Refinery

Azerbaijan and Russia discussed the possibility of supplying Russian oil to the STAR refinery in Turkey, owned by SOCAR, the Azerbaijani state company, according to Azerbaijani news agency Trend on Monday.