English Edition

Tesla to Lay Off 9 Percent of Workforce

Τετ, 13 Ιουνίου 2018 - 17:11

Tesla Chief Executive Elon Musk told employees Tuesday that the company would lay off 9 percent of its workforce. The move to cut thousands of workers is a way to slice costs and seek sustainable profitability, Musk argued

Enel Starts 1st Stand-Alone Energy Battery System in UK

Τετ, 13 Ιουνίου 2018 - 16:58

Italy's Enel started operations of the group's first stand-alone battery energy storage system in the United Kingdom, the company announced Tuesday

Turkey's Indigenous Car to Contribute 50B Euros to GDP

Τετ, 13 Ιουνίου 2018 - 16:53

Turkish President Recep Tayyip Erdogan said Tuesday that Turkey's first indigenous automobile would contribute 50 billion euros ($58.7 billion) to the country’s Gross Domestic Product (GDP)

Italian Snam Forms New JV for Albania's Gas Pipelines

Τρι, 12 Ιουνίου 2018 - 18:15

The Italian natural gas transmission system operator Snam and the Albanian gas infrastructure operator Albgaz signed an agreement to form a joint venture for the operation and maintenance of gas pipelines in Albania

Yellow Cake Heads for London Listing to Bet on Uranium ‘Mispricing’

Τρι, 12 Ιουνίου 2018 - 14:56

A new company planning to make a big bet on the price of nuclear fuel uranium has announced plans to float on the London Stock Exchange

EU to Fund €500M for Cross-Border Energy Infrastructure

Δευ, 11 Ιουνίου 2018 - 15:51

The European Commission (EC) is releasing €500 million to fund cross-border energy infrastructure, the European Commission (EC) announced on Monday

Erdogan to Inaugurate TANAP Pipeline on June 12

Δευ, 11 Ιουνίου 2018 - 15:46

Turkish President Recep Tayyip Erdogan is set to inaugurate the Trans Anatolian Natural Gas Pipeline (TANAP) project on June 12 in the northwestern city of Eskisehir

Nord Stream 2 Receives Construction Permit in Russia

Παρ, 8 Ιουνίου 2018 - 20:23

Nord Stream 2 AG, the developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea received the construction permit for the Russian section of the planned pipeline, Russia's Gazprom announced late on Thursday

Honda, GM Partner for Next Gen. Battery Development

Παρ, 8 Ιουνίου 2018 - 20:14

General Motors Co. and Honda announced Thursday an agreement for new advanced chemistry battery components, including cells and modules for electric vehicles (EVs)

Turkey Attracts $2.2B in Investments in First Quarter

Πεμ, 7 Ιουνίου 2018 - 15:49

Turkey attracted $2.2 billion in investments in the first quarter of 2018, according to Investment Support and Promotion Agency (ISPAT) President Arda Ermut Thursday

World Crude Oil Production Declines in 2017

Πεμ, 7 Ιουνίου 2018 - 15:42

World crude oil production declined by 701,000 barrel around 0.9 percent in 2017 year-on-year to reach 74.69 million barrel per day (mb/d), marking the first yearly fall since 2009, the Organization of the Petroleum Exporting Countries (OPEC) said on Thursday

World’s 1st Grid-Scale Liquid Air Plant Opens in UK

Τετ, 6 Ιουνίου 2018 - 19:13

The world's first grid-scale liquid air energy storage (LAES) plant was officially launched in Greater Manchester, England on Tuesday, developer Highview Power said

Digitalization is Key for Ic Anadolu Plant's Efficiency

Τετ, 6 Ιουνίου 2018 - 19:03

Digitalization technology has been pivotal in providing efficiency, cost advantages and better planning in operating Turkey's first digital power plant, the Ic Anadolu Natural Gas Combined Cycle Power Plant, according to the general manager of GAMA Energy, the plant's operator, in a recent interview