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Whats Going on in Thrace Region: Valeura Ceo Explains

What's Going on in Thrace Region: Valeura Ceo Explains

Δευ, 2 Δεκεμβρίου 2019 - 20:05

The Thrace Region in Turkey could prove very productive and produce 5-10 billion cubic meters (bcm) per year if Valeura and its partners are successful in their testing and appraisal drilling over the next few years, according to the CEO of Canadian energy company Valeura, the operator and main partner in the unconventional gas accumulation play.

Oil Giants Total Income Declines 56% in Third Quarter

Oil Giants' Total Income Declines 56% in Third Quarter

Δευ, 2 Δεκεμβρίου 2019 - 20:01

The world's top 12 publicly-traded oil-producing companies saw their total net income fall in the third quarter of 2019, compared to the same period a year ago, according to data compiled by Anadolu Agency on the companies' financial results on Monday.

Carbon Markets Threaten People, Planet: NGO

Carbon Markets Threaten People, Planet: NGO

Δευ, 2 Δεκεμβρίου 2019 - 19:56

Carbon markets are the reemergence of a threat to the world that could obstruct action on climate change, according to a non-governmental organization. 

Turkeys Crude Oil Imports Up 29.5% in September

Turkey's Crude Oil Imports Up 29.5% in September

Τετ, 27 Νοεμβρίου 2019 - 20:46

Turkey's crude oil imports rose by 29.5 % to 2.69 million tonnes in September 2019 compared to the same month of 2018, according to Turkish energy watchdog's data.

US Energy CO2 Emissions Rise First Time in Four Years

US' Energy CO2 Emissions Rise First Time in Four Years

Τετ, 27 Νοεμβρίου 2019 - 20:44

Total energy-related carbon dioxide (CO2) emissions in the U.S. rose in 2018 for the first time since 2014, according to a statement by the country's Energy Information Administration (EIA) on Tuesday.

Oil-Rich Saudi Arabia Plans to Shift to Nuclear Energy

Oil-Rich Saudi Arabia Plans to Shift to Nuclear Energy

Τετ, 27 Νοεμβρίου 2019 - 20:42

Saudi Arabia, the world's top oil exporter wants to tap nuclear energy for the sole peaceful purpose of diversifying its energy supply. The plan to develop 16 nuclear power plants in Saudi Arabia over the long-term was formed so atomic energy can be used to generate electricity, Joseph Kechichian, a senior fellow at King Faisal Center for Research and Islamic studies, told Anadolu Agency.

Saudi Arabia Becomes Largest Oil Exporter to China

Saudi Arabia Becomes Largest Oil Exporter to China

Τρι, 26 Νοεμβρίου 2019 - 20:14

Saudi Arabia's crude oil exports to China showed an increase in October this year, compared to the previous month and the same period a year ago, according to China’s General Administration of Customs data on Monday.

Turkey Gets $350M in Funding for Efficiency Investments

Turkey Gets $350M in Funding for Efficiency Investments

Τρι, 26 Νοεμβρίου 2019 - 20:08

Over 50,000 Turkish households availed of $350 million in funding energy efficiency in buildings and equipment through a lending program jointly developed by several clean finance institutions, the European Bank for Reconstruction (EBRD) announced Tuesday during a meeting.

Bulgartransgaz Signs 34 Mln Euro Gas Pipeline Deal With Canada-Led Tie-Up

Bulgartransgaz Signs 34 Mln Euro Gas Pipeline Deal With Canada-Led Tie-Up

Παρ, 22 Νοεμβρίου 2019 - 20:26

Bulgaria's gas transmission network operator Bulgartransgaz said on Friday that it has signed on October 25 a 67.2 million levs ($37.9 million/34.4 million euro) deal for replacing several gas pipeline sections with a Canadian-Bulgarian tie-up

Oil Down With Chinas Retaliatory Stance Against US

Oil Down With China's Retaliatory Stance Against US

Παρ, 22 Νοεμβρίου 2019 - 20:21

Crude oil prices were down at trade opening on Friday due to China's strong stance taken against the U.S. in its talks of fighting back, and which resulted in the souring of trade tensions between the two countries

Chinas Coal Capacity Soars Despite Climate Vow: Report

China's Coal Capacity Soars Despite Climate Vow: Report

Πεμ, 21 Νοεμβρίου 2019 - 20:35

China's greater electricity generation from coal-fired power plants surpassed coal plant closures in the rest of the world over an 18-month period, despite Beijing's promises to curb emissions because of climate change

Turkeys Daily Power Consumption Up 3.24% on Nov. 19

Turkey's Daily Power Consumption Up 3.24% on Nov. 19

Τετ, 20 Νοεμβρίου 2019 - 18:21

Turkey's daily electricity consumption increased by 3.24% to 797,692 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

Saudi Aramcos Income Higher Than 9 Oil Majors Combined

Saudi Aramco's Income Higher Than 9 Oil Majors Combined

Τετ, 20 Νοεμβρίου 2019 - 18:18

Saudi Aramco, which will see its initial public offering (IPO) next month in the Saudi stock exchange, posted a net income higher than nine oil majors' earnings combined both in 2018 and during the first half of 2019.