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Croatia: HOPS, Siemens Sign EUR 5 Million Contract Under Sincro.Grid Project

Croatia: HOPS, Siemens Sign EUR 5 Million Contract Under Sincro.Grid Project

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website

Turkeys Energy Import Bill Falls 16.4% in July 2019

Turkey's Energy Import Bill Falls 16.4% in July 2019

Turkey's energy import bill decreased by 16.4% to $3.42 billion in July compared to the same month of 2018, according to data released by the Turkish Statistical Institute on Thursday

Turkeys Elec. Prod. from Unlicensed Solar Up 23.8%

Turkey's Elec. Prod. from Unlicensed Solar Up 23.8%

Turkey's electricity production from unlicensed solar power plants increased by 23.8% in the first half of 2019 compared to the same period last year, according to Energy and Natural Resources Ministry late Tuesday

Oil Up With Big Stock Drop, Easing of US-China Tension

Oil Up With Big Stock Drop, Easing of US-China Tension

Crude oil prices were up for Wednesday’s trading start as crude stocks in the U.S. fell by more than market expectations, and prices were also supported with the easing of Sino-American trade tensions that diminished worries of lower global economic growth and oil demand

Exxonmobil Enters Carbon Capture Tech. Development Deal

Exxonmobil Enters Carbon Capture Tech. Development Deal

ExxonMobil and chemicals and engineering company Mosaic Materials will work together to advance carbon emission capture and removal technology, the American multinational oil and gas corporation said on Monday

Eni Discovers Gas and Condensates Onshore Niger Delta

Eni Discovers Gas and Condensates Onshore Niger Delta

Eni, through its affiliate Nigerian Agip Oil Company (NAOC), has made a significant gas and condensate find in the deeper sequences of the Obiafu-Obrikom fields, onshore Niger Delta, Eni announced in a statement on Tuesday

Indonesias West Ganal Exploration Block Awarded to Eni

Indonesia's West Ganal Exploration Block Awarded to Eni

Eni and its partners, Pertamina and Neptune won Indonesia's second conventional oil and gas bidding round in 2019 to acquire the West Ganal exploration block in the Kutei Basin, offshore Indonesia, Eni announced in a statement Monday

Worlds 1st Floating Nuke Plant Sets Sail Across Arctic

World's 1st Floating Nuke Plant Sets Sail Across Arctic

The world's first floating nuclear power plant, the Akademik Lomonosov, started its more than 4,700-kilometer voyage on Friday from Russia’s northwestern port city of Murmansk to supply electricity to the northernmost port town of Pevek, on the other side of Russia's Arctic coast.

Turkeys Akkuyu Nuclear Plant Secures Russian Financing

Turkey's Akkuyu Nuclear Plant Secures Russian Financing

Sberbank, Russia's state-owned banking and financial services company will provide a $400 million loan for the construction of Turkey's Akkuyu nuclear power station, the bank announced on Wednesday.

Turkeys Energy Xchange Ηits Record in Spot Gas Trade

Turkey's Energy Xchange Ηits Record in Spot Gas Trade

Data on Turkey's Energy Exchange Istanbul (EXIST) trade volume for Tuesday's spot natural gas market hit a record high generating approximately 29 million Turkish liras since the energy stock exchange was established on Sept. 1 in 2018, EXIST data shows on Wednesday.

Offshore Wind Expects to Increase by Over 25% by 2030

Offshore Wind Expects to Increase by Over 25% by 2030

Offshore wind market growth cumulative capacity is predicted to increase from 154 to 193 gigawatts (GW) by 2030, with a long-range forecast of over 500 gigawatts by 2050, according to a recent report from U.S.-based National Renewable Energy Laboratory (NREL).