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BP Increases Hydrocarbon Production in 4Q19

BP Increases Hydrocarbon Production in 4Q19

British energy giant BP increased its hydrocarbon production in the fourth quarter of 2019 and year-over-year, but profits fell during the same periods, according ot its financial results statement released on Tuesday.

Algerian LNG Carrier Arrives in Turkey

Algerian LNG Carrier Arrives in Turkey

Algerian energy company Hyproc SC's LNG carrier Ramdane Abane arrived in Turkey on Sunday, Feb. 2, according to ship tracking data on Monday.

UAE Finds 2.3 Trillion Cubic Meters of New Gas Reserve

UAE Finds 2.3 Trillion Cubic Meters of New Gas Reserve

The United Arab Emirates (UAE) has found a major natural gas reserve in the region between Saih Al Sidra in Abu Dhabi and Jebel Ali in Dubai, according to a statement by the country's vice president and prime minister on Monday.

Spot Market Electricity Prices for Friday, Jan. 31

Spot Market Electricity Prices for Friday, Jan. 31

The highest electricity rate for one-megawatt hour in the day-ahead spot market for Friday will be 337.50 Turkish liras at 09.00 and 10.00 local time, and the lowest will be 249 liras at 03.00 local time, according to official figures on Thursday.

Shell Posts Οver 80% Income Decline in 4th Qtr. of 2019

Shell Posts Οver 80% Income Decline in 4th Qtr. of 2019

Royal Dutch Shell posted a decline in net income of more than 80% in the fourth quarter of 2019 from the same quarter of 2018, according to the firm's financial statement released on Thursday.

Turkeys EMRA Predicts 52.02 Bcm Gas Consumption in 20

Turkey's EMRA Predicts 52.02 Bcm Gas Consumption in '20

Turkey's energy watchdog estimates the consumption of 52.02 billion standard cubic meters (bcm) of natural gas in Turkey in 2020, according to an official gazette announcement on Wednesday. EMRA's natural gas consumption estimation was nearly 52.13 bcm for 2019 but the authority has not yet announced the actual consumption.

French Authorities, Ngos Sue Total for Climate Change

French Authorities, Ngos Sue Total for Climate Change

Fourteen local authorities and five NGOs in France have taken national oil giant Total S.A. to court on Tuesday, requesting the firm be ordered to reduce its greenhouse gases emissions.

US to Become Major Energy Supplier for China with Deal

US to Become Major Energy Supplier for China with Deal

The U.S. is expected to become a major energy supplier for China with the phase-one trade deal signed by the two countries, however, there are some hurdles for Beijing to overcome, an expert told Anadolu Agency on Sunday.

Turkey Set to Break 2019 Record in Gold Output in 2020

Turkey Set to Break 2019 Record in Gold Output in 2020

Turkish gold production by the end of 2020 is estimated to surpass the record high level in the history of the Turkish Republic that was made last year, Hasan Yucel, president of Turkish Gold Miners Association told Anadolu Agency on Sunday.

Turkish Wind Sector Starts Skills Transfer to India

Turkish Wind Sector Starts Skills Transfer to India

TPI Turkey, the Turkish branch of U.S.-based independent composite wind blade manufacturer, TPI Composites, will oversee the establishment of the company's new blade factory in India, Gokhan Serdar, TPI Composites Europe, the Middle East and Africa (EMEA) and India Region Vice President, told Anadolu Agency on Wednesday.

Russia Completes First Reactor Cover Welding for Akkuyu

Russia Completes First Reactor Cover Welding for Akkuyu

The welding of the reactor cover for the first unit of Akkuyu Nuclear Power Plant (NPP) has been completed, the reactor's manufacturer Atomenergomash announced on Wednesday.

Energy Info Admin. Forecasts Fall in Oil Prices in 1H20

Energy Info Admin. Forecasts Fall in Oil Prices in 1H20

Crude oil prices are forecast to decline during the first half of 2020 but later increase through 2021, the U.S.' Energy Information Administration (EIA) said in a statement on Wednesday.

Oil, Gas Sec. to Up Energy Transition Investment in 20

Oil, Gas Sec. to Up Energy Transition Investment in '20

More oil and gas companies than ever are taking action to decarbonize, with an anticipated sharp rise to either maintain or increase decarbonization investment from 54% in 2019 to 71% in 2020, according to the DNV GL's new survey published on Tuesday.