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Turkey: Early Adopter of Renewables in MENAT

Τρι, 18 Φεβρουαρίου 2020 - 20:07

Turkey along with Morocco have become early adopters of renewable energy in the Middle East, North Africa and Turkey (MENAT) region by implementing suitable policies and offering appropriate incentives, President and CEO for GE Renewable Energy in the MENAT region, Manar al-Moneef, told Anadolu Agency (AA) on Monday.

Coronavirus to Have Short-Term Oil Market Impact: BBVA

Τρι, 18 Φεβρουαρίου 2020 - 20:04

The impact of coronavirus outbreak on the oil market is set to be transitory with short-term price recoveries while the renewables sector will experience a long-term positive trend, chief economist at BBVA told Anadolu Agency (AA) on Tuesday.

The US Allocates $ 1 Billion to European Countries for Energy Security Projects

Τρι, 18 Φεβρουαρίου 2020 - 20:01

The US allocates about $ 1 billion to Central and Eastern European countries for energy security projects under the Three Seas initiative to develop the regional dialogue. This was announced by Secretary of State Mike Pompeo in a speech to the Munich Security Conference. The implementation of projects will help these countries secure their energy security.

Jeff Bezos Gives $ 10 Billion to Fight Climate Change

Τρι, 18 Φεβρουαρίου 2020 - 19:59

Jeff Bezos has announced that he is giving $ 10 billion to combat climate change. The richest person in the world will fund different scientists, activists and other organizations fighting global warming.

BP Aims to Achieve Net Zero Carbon Emissions by 2050

Πεμ, 13 Φεβρουαρίου 2020 - 20:12

British energy giant BP has set a goal to achieve net zero carbon emissions with a net zero carbon footprint and carbon removal by 2050 or sooner. The company said in a statement on Wednesday that it aims to achieve net zero emissions across all of its operations on an absolute basis either before or by 2050.

Renewable Energy: Game-Changer in Turkish Energy Market

Πεμ, 13 Φεβρουαρίου 2020 - 20:10

Renewable energy is a game-changer for the Turkish energy market driven by strong political commitment and a willingness to change the market structure, Energy and Natural Resources Deputy Minister Alparslan Bayraktar said on Thursday.

Greece Negotiates the Production of Electric Vehicles with Volkswagen

Πεμ, 13 Φεβρουαρίου 2020 - 20:06

Greek Deputy Foreign Minister Kostas Fragogiannis meets with a delegation of Volkswagen (in connection with a project for the production of electric vehicles. The Greek government is strongly committed to promoting the use of electric vehicles as a strategic priority, according to the Foreign Ministry's website.

Energy to Play Greater Role in Turkey-US Trade Volume

Τρι, 11 Φεβρουαρίου 2020 - 20:11

Turkey and the U.S. could reach mutual trade volumes of $100 billion through a consistent strategy that could cover trade in liquefied natural gas (LNG), renewable energy and petrochemicals, director of Atlantic Council in Turkey told Anadolu Agency.

Global Emissions Flatline in 2019 and Defy Expectations

Τρι, 11 Φεβρουαρίου 2020 - 20:09

Global energy-related carbon dioxide emissions remained unchanged at 33 gigatons in 2019 despite widespread expectations of another increase, according to the International Energy Agency (IEA) data released Tuesday.

Energy expert Ilian Vasilev: Maritsa East – 2 TPP has a future

Τρι, 11 Φεβρουαρίου 2020 - 20:05

First, because the only measure of evaluation is the forecast for the energy price not only in the immediate but also in the medium term. What exactly will happen when this ME-2 TPP is closed in this abrupt way and especially do they correctly diagnose the problem.

Renewable Energy Accounted for 21% of the Total Energy Used for Heating and Cooling in the EU

Τρι, 11 Φεβρουαρίου 2020 - 20:03

In 2018, renewable energy accounted for 21% of the total energy used for heating and cooling in the European Union (EU). This share has increased steadily since the beginning of the data collection in 2004, when the share was 12%. Increases in industry, services and households have all contributed to the growth in renewable energy used for heating and cooling.

POSIDONIA 2020: On Track to be the Biggest Ever-Environmental Policies and their Impact in the Spotlight

Τρι, 11 Φεβρουαρίου 2020 - 11:43

The 2020 Posidonia exhibition is on track to set new records in exhibitor numbers and floor space for its upcoming edition this summer, as the world’s most prestigious exhibition in the biennial maritime calendar is entering its sixth consecutive decade of continuous service to the ocean-going Greek shipping community and the international maritime industry.

Equinor's Profit Slightly Falls due to Low Prices in '19

Πεμ, 6 Φεβρουαρίου 2020 - 20:26

Norway's Equinor's adjusted earnings after tax decreased by 26% to $4.92 billion in 2019, compared to $6.69 billion in 2018, the company announced on Thursday. The company's net operating income also decreased by 54% to $9.23 billion last year, compared to $20.14 in 2018.

Qatari LNG Vessel Arrives in Turkey

Πεμ, 6 Φεβρουαρίου 2020 - 20:22

Qatari energy company Nakilat Gas Transport's LNG carrier Al Rekayyat arrived in Turkey on Thursday, February 6, according to ship tracking data on Thursday.

Conocophillips Net Income, Revenue Down in 4Q19

Πεμ, 6 Φεβρουαρίου 2020 - 20:20

American energy company ConocoPhillips saw both its net income and revenue decline in the fourth quarter of 2019, compared to the same period of a year ago. The firm posted a net income of $0.7 billion in the October-December period of last year, according to its financial results statement released on Tuesday.

Is Turkey's Gamble in the East Mediterranean a Risk Worth Taking?

Τετ, 5 Φεβρουαρίου 2020 - 16:46

Looking back at 2019 this will no doubt be remembered as the year that Turkey upped the ante in the deep waters of the East Mediterranean by adopting and promoting a highly provocative, if not belligerent, stand. In what appears to be a well thought out plan Ankara has very consistently over the years pegged its claims for hydrocarbon exploration in large swaths of the sea areas offshore Cyprus, Greece and lately Libya.