English Edition

Global Oil Supply Falls in Dec. 2019

Πεμ, 16 Ιανουαρίου 2020 - 20:38

Global oil supply tumbled by 780 thousand barrels per day in December to stand at 100.7 million barrels per day (mb/d), according to the International Energy Agency’s (IEA) report on Thursday. The decrease came from Saudi Arabia's reduced output and a seasonal fall in biofuels production, according to the IEA's monthly oil report.

Turkey Expects 1 Million Electric Cars on Roads by 2030

Πεμ, 16 Ιανουαρίου 2020 - 20:34

Over one million electric vehicles are anticipated to be on Turkey's roads by 2030, according to Turkey’s Energy and Natural Resources Minister Fatih Donmez on Thursday. "By 2022 or 2023, we hope to see our own indigenous automobile on the roads," Donmez told Anadolu Agency's Editor's Desk.

Wind, Solar to Generate most New US Power in 2020

Τετ, 15 Ιανουαρίου 2020 - 20:31

Most of the U.S.' new power generating capacity is expected to come from wind and solar in 2020, the country's Energy Information Administration (EIA) said in a statement on Tuesday.

Cypriot Power Company EAC Looking to Rent Land for Solar Parks

Τετ, 15 Ιανουαρίου 2020 - 20:29

Individuals and companies, but also municipalities and communities can propose by the end of the year to the Electricity Authority of Cyprus to lease their land for photovoltaic plants. The required size per lot was reduced in the new tender to 30,000 square meters from 65,000.

Turkey's Daily Power Consumption up 14% on Jan. 13

Τρι, 14 Ιανουαρίου 2020 - 20:33

Turkey's daily electricity consumption increased by 14% to 851,323 megawatt-hours on Monday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Tuesday.

Danish Orsted Constructs First Dutch Offshore Wind Farm

Τρι, 14 Ιανουαρίου 2020 - 20:31

Denmark's Orsted started construction of its first offshore wind farm in the Netherlands by installing the first foundations at the 752-megawatt Borssele 1 & 2 offshore wind farm, a statement from Orsted, formerly known as Dong Energy, said on Monday.

Turkey's Daily Power Consumption Down 8.87% on Jan. 12

Δευ, 13 Ιανουαρίου 2020 - 20:11

Turkey's daily electricity consumption decreased by 8.87% to 745,467 megawatt-hours on Sunday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Monday.

S. Aramco Nets Extra $3.8 Bln. after Greenshoe Option

Δευ, 13 Ιανουαρίου 2020 - 20:08

State-owned oil company Saudi Aramco gained an additional $3.8 billion from its record initial public offering (IPO) after its greenshoe option that allows the issuing of more shares in the IPO, according to the company's statement on Sunday.

Turkey's Daily Power Consumption up 0.3% on Jan. 8

Πεμ, 9 Ιανουαρίου 2020 - 20:27

Turkey's daily electricity consumption increased by 0.3% to 897,257 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

US Crude Oil Inventories Rise for Week Ending Jan. 3

Πεμ, 9 Ιανουαρίου 2020 - 20:23

The U.S.' crude oil inventories and gasoline stocks increased last week, according to data released by the Energy Information Administration (EIA) on Wednesday.

Turkstream Gas Pipeline Launches in Istanbul

Τετ, 8 Ιανουαρίου 2020 - 20:30

The TurkStream natural gas pipeline was launched Wednesday with an opening ceremony in Istanbul with the attendance of Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin along with high ranking energy ministers from both countries.

Iraqi Oil Facilities Secure: OPEC Secretary General

Τετ, 8 Ιανουαρίου 2020 - 20:28

Iraq's oil facilities are secure and the country's production is continuing, the Organization of Petroleum Exporting Countries' (OPEC) Secretary General Mohammed Barkindo announced on Wednesday.

Oil Prices Exceed Other Commodities in 2019: EIA

Τρι, 7 Ιανουαρίου 2020 - 20:24

Oil prices rose more than the prices of other commodities in 2019, the U.S.' Energy Information Administration (EIA) said in a statement on Monday. The price of Brent crude ended last year over 20% higher compared to the previous year.