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Turkey to Start Local Solar Cell Production on June 15

Παρ, 13 Μαρτίου 2020 - 20:38

Turkey's first integrated solar ingot-wafer-module-cell production factory in Ankara will begin its operations on June 15, according to the head of Kalyon Solar Energy Technologies Production Co. on Friday.

US Delegation Visited “ContourGlobal Maritza East 3” TPP

Παρ, 13 Μαρτίου 2020 - 20:32

Experts from the US Department of Energy, State Department and the US Embassy in Sofiagot acquainted with the work of the second largest thermal power plant in the Maritsa East complex – “ContourGlobal Maritsa East 3”.

Global Oil Production Down in February 2020

Τετ, 11 Μαρτίου 2020 - 20:08

Global oil supply decreased month-on-month by 290,000 barrels per day (bpd) in February 2020 to average 99.75 million bpd, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Wednesday.

Low Oil Prices to Curb Turkey's $12B Energy Imports

Τετ, 11 Μαρτίου 2020 - 20:03

Turkey's energy imports are estimated to decrease by $12 billion and inflation is set to decline by 0.5%-1% if crude prices average between $35 and $45 this year, experts told Anadolu Agency on Wednesday.

TENDERING: Albania Seeks Partners to Create Power Exchange

Τρι, 10 Μαρτίου 2020 - 20:28

Albania’s Ministry of Infrastructure and Energy has invited bids from the companies and financial institutions interested in becoming shareholders of the joint stock company which would operate the power exchange.

EU Climate Law: Europe's First Legally Binding Proposal

Τρι, 10 Μαρτίου 2020 - 20:23

Europe's long-awaited climate law is a crucial step in fighting climate change not only for European Union countries but also for other regions around the world, although there are some key shortcomings in the proposal.

Spot Market Electricity Prices for Tuesday, March 10

Δευ, 9 Μαρτίου 2020 - 19:32

The highest electricity rate for one-megawatt hour in the day-ahead spot market for Tuesday will be 340.1 Turkish liras at 19.00 local time, and the lowest will be 107.15 liras at 04.00 local time, according to official figures on Monday.

Oil Prices in the World have Fallen by over 30%

Δευ, 9 Μαρτίου 2020 - 19:26

Oil prices on Monday start with a collapse of 35 - 40% after the OPEC+ meeting, which ended last Friday with Russia's exit from the oil restriction deal, according to trade data. The signals came on Friday, with more hopes of finding a way out then.

The Eib's Attack on Gas is Counter-Productive [Global Gas Perspectives]

Παρ, 6 Μαρτίου 2020 - 19:23

Over the last few months, and especially following the publication of the European Commission's Green New Deal, we are witnessing an unprecedented attack on natural gas. The opposition to the growinguse of gas stems from the notion that, along with coal and oil, it is highly polluting and contributes substantially to greenhouse gas emissions (GHGE).

Spot Market Electricity Prices for Friday, March 6

Πεμ, 5 Μαρτίου 2020 - 20:38

The highest electricity rate for one-megawatt hour in the day-ahead spot market for Friday will be 334.67 Turkish liras at 19.00 local time, and the lowest will be 199.99 liras at 03.00 and 04.00 local time, according to official figures on Thursday.

OPEC+ Discuss Further 1.5M Barrels Per Day Output Cut

Πεμ, 5 Μαρτίου 2020 - 20:32

OPEC+ countries are discussing the reduction of an additional 1.5 million barrels per day (bpd) from the total oil production level, Iranian Oil Minister Bijan Zangeneh said on Thursday.

Norway's Sovereign Fund Invests Over $800M in Turkey

Τετ, 4 Μαρτίου 2020 - 20:25

Norway’s oil fund, the world's largest sovereign wealth fund, bought shares in six Turkish energy companies with investments totaling around $117 million up to the end of 2019, according to official figures from Norway’s Norges Bank Investment Management.