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Turkey Becomes Key Player in Global Wind Energy

Τετ, 30 Δεκεμβρίου 2020 - 18:17

Turkey’s wind capacity and equipment production has grown to the extent that it now ranks as one of the 10 biggest markets globally

Musk: Apple Once Refused Meeting To Discuss Buying Tesla

Πεμ, 24 Δεκεμβρίου 2020 - 19:37

A few years ago, when Tesla was struggling through the Model 3 program and production, Apple refused a meeting to discuss potentially buying the electric vehicle maker for around US$60 billion, Tesla’s chief executive Elon Musk said on Tuesday

Hidroelectrica Buys Crucea Wind Farm from Steag

Πεμ, 24 Δεκεμβρίου 2020 - 19:33

Romanian hydropower producer Hidroelectrica has acquired Crucea wind farm as part of a strategy to diversify its portfolio with renewables

Turkey to Launch 1st Lithium Production Plant on Dec 26

Τετ, 23 Δεκεμβρίου 2020 - 19:32

The inauguration of Turkey's first pilot lithium production plant will take place on Saturday, according to Energy and Natural Resources Minister Fatih Donmez on Wednesday

Gazprom Sees Moderate Gas Export Rise in Europe in 2021

Τετ, 23 Δεκεμβρίου 2020 - 19:29

Gazprom forecasts a moderate year-on-year rise in European gas exports to 183 billion cubic meters in 2021, according to Famil Sadygov, the deputy chairman of Gazprom, on Tuesday

Saudi Aramco Unit to Set Up Google Cloud Company

Δευ, 21 Δεκεμβρίου 2020 - 17:46

Saudi Aramco Development Company, a subsidiary of state oil giant Aramco, said it has joined hands with Google Cloud to offer high-performance, low-latency cloud services to customers in the kingdom. The kingdom is being added to the global network of Google Cloud Platform regions, as part of a strategic alliance agreement signed between the company and Google Cloud this month

Cyprus Aims to Be Energy Hub, Climate Neutral By 2050

Δευ, 21 Δεκεμβρίου 2020 - 17:21

Cyprus aims to become ‘climate neutral’ in 30 years by opening the electricity market, exploiting its natural gas resources, and becoming a major clean energy hub

Global Electricity Demand to Rebound in 2021: IEA

Πεμ, 17 Δεκεμβρίου 2020 - 17:57

After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly next year, led by growth in China, India and other emerging economies, according to a new report by the International Energy Agency (IEA)

Energean plc: Completion of Acquisition of Edison E&P

Πεμ, 17 Δεκεμβρίου 2020 - 17:52

Energean plc (LSE: ENOG, TASE: אנאג) is pleased to announce that it has completed its acquisition of Edison Exploration & Production S.p.A. ("Edison E&P") from Edison S.p.A. ("Edison"). The gross consideration (= enterprise value. The acquisition is based on a cash and debt free basis) for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired) is $203 million

INA’s Missing Gas Platform Found on Seabed

Τετ, 16 Δεκεμβρίου 2020 - 18:19

INA’s “Ivana D” offshore gas platform, which disappeared in the northern Adriatic during a recent violent windy storm, was found on the seabed on Thursday, the Croatian oil and gas company said today

HSHI to Deliver World’s 1st LNG-Fuelled Large Bulk Carriers

Τετ, 16 Δεκεμβρίου 2020 - 18:11

Hyundai Samho Heavy Industries (HSHI) has successfully constructed the world's first LNG-fuelled large bulk carriers

Global Oil Demand to Increase 6.6% in 2021: OPEC

Τρι, 15 Δεκεμβρίου 2020 - 19:29

Global oil demand is expected to increase by 6.6%, by 5.9 million barrels per day (bpd), in 2021 to an average of 95.89 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday

US Sanctions NATO Ally Turkey Over Russian S-400 Defence Missiles

Τρι, 15 Δεκεμβρίου 2020 - 19:26

US President Donald Trump’s administration on Monday imposed sanctions on its NATO ally Turkey over its purchase of a Russian air defence system, setting the stage for a further confrontation between the two nations as President-elect Joe Biden prepares to take office

Support Mechanism Key to Turkey’s Renewables Growth

Παρ, 11 Δεκεμβρίου 2020 - 18:55

A well-designed support mechanism will be key to attracting more renewables investments in Turkey after the current scheme ends on June 30 next year, the European Bank for Reconstruction and Development (EBRD) deputy director for Turkey told Anadolu Agency in an interview

Exxonmobil Makes First Discovery Offshore Suriname

Παρ, 11 Δεκεμβρίου 2020 - 18:46

American energy giant ExxonMobil and Malaysian oil and gas company Petronas announced a new hydrocarbon discovery offshore Suriname, ExxonMobil said in a statement on Friday

OMV Petrom Outsources More Non-Core Services Amid Protests of Former Employees

Πεμ, 10 Δεκεμβρίου 2020 - 14:07

Romania's Competition Council cleared the transactions by which local oil and gas group OMV Petrom outsources some general surface operations and services related to crude oil and natural gas extraction and production activities, together with related assets and employees