English Edition

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 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

The Bulgarian Energy Holding is on its Way to Take Commitments in the BEH Gas Case

Τετ, 18 Ιουλίου 2018 - 15:15

The Bulgarian Energy Holding is in the final stages of taking commitments regarding the BEH Gas case. To this end, the Parliament will instruct the Energy Minister Temenuja Petkova to take the necessary actions to reach an agreement with the European Commission’s case BEH gas

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

Europe's 3 Leading Economies in 'Nuclear Policy Muddle'

Τρι, 17 Ιουλίου 2018 - 19:28

Europe’s three leading economies are taking three radically different approaches to nuclear power, reflecting contrasting national public priorities in the transition from fossil fuels, according to an analysis published by the Institute for Energy Economics and Financial Analysis (IEEFA)

Energy Efficiency Measures Save 5,056.3 Gwh in Bulgaria

Τρι, 17 Ιουλίου 2018 - 19:10

Between 2014 and 2017, Bulgaria saved 5,056.3 GWh of energy as a result of the implementation of energy efficiency measures in all sectors of its economy. The country has reached 60.7% of its 2020 national energy savings target, local media reported

Iran, Oman About to Form Committee for Gas Pipeline

Δευ, 16 Ιουλίου 2018 - 15:01

Iran and Oman are "about to form" a joint strategic committee to finalize a long-sought gas pipeline project, according to a report on the Iranian Oil Ministry’s news website Shana on Sunday

Turkey's Electricity Consumption Rises 3.14% in June

Δευ, 16 Ιουλίου 2018 - 14:55

Turkey's electricity consumption grew by 3.14 percent in June compared to the same month last year, according to Turkey's Energy and Natural Resources Ministry on Monday

Canal Istanbul to Alleviate Oil Traffic Via Bosphorus

Παρ, 13 Ιουλίου 2018 - 15:24

The expansion in bilateral oil trade between Russia and India will increase the already intense oil tanker traffic on the Bosphorus, making the Canal Istanbul project even more necessary, according to the director of Bilkent University Energy Policy Research Center Friday

Ireland to be First Country to Divest From Fossil Fuels

Παρ, 13 Ιουλίου 2018 - 15:20

Ireland is set to become the first country in the world to divest public money from fossil fuel assets following a bill passed by the lower house of the Parliament (Dail) on Thursday, local media reported

Over 5000 Gwh Have Been Saved in Bulgaria in the 2014-2017 Period

Πεμ, 12 Ιουλίου 2018 - 20:14

In 2014-2017, 5 056.3 GWh of energy was saved in Bulgaria, accounting for 60.7% of the national target for energy savings by 2020. The information comes from the annual report on the implementation of the National Action Plan on Energy Efficiency for 2017, approved by the Government

BMW Group to Produce Mini Electric Cars in China

Πεμ, 12 Ιουλίου 2018 - 20:00

The BMW Group and Chinese manufacturer Great Wall Motor formed a new joint venture (JV) to produce an all-electric version of the iconic Mini car in China, the German utility company announced Tuesday

German Renewables Increase Share in Energy Mix

Τετ, 11 Ιουλίου 2018 - 15:30

The share of renewable energy in Germany's power mix increased by 36.3 percent in the first half of 2018, compared to 32.5 percent during the same period last year, according to figures released by German Association of Energy and Water Industries, BDEW on Tuesday