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Equinor Invests in New Oil Platform in Azerbaijan

Equinor Invests in New Oil Platform in Azerbaijan

Παρ, 19 Απριλίου 2019 - 20:36

Norway's Equinor and eight partners agreed to invest $6 billion to build an additional oil platform for the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea, the company said on Friday. The investment decision follows an agreement with the government of Azerbaijan to extend the life of the ACG field until 2049.

Conocophillips Sells UK Exploration, Production Company

Conocophillips Sells UK Exploration, Production Company

Παρ, 19 Απριλίου 2019 - 20:29

ConocoPhillips agreed to sell two of its U.K. subsidiaries to Chrysaor E&P Limited for over $2.6 billion, the company announced on Thursday. The subsidiaries indirectly hold the company’s exploration and production assets in the U.K. as well as associated decommissioning liabilities.

Russia Bans Oil Export to Ukraine

Russia Bans Oil Export to Ukraine

Πεμ, 18 Απριλίου 2019 - 17:12

Prime Minister Dmitry Medvedev on Thursday said he has signed a decree expanding Russian sanctions against Ukraine.

Turkey and Germany to Boost Renewable Cooperation

Turkey and Germany to Boost Renewable Cooperation

Πεμ, 18 Απριλίου 2019 - 17:09

Turkey and Germany target closer cooperation in renewables, energy storage and efficiency, and have set up four bilateral working groups to achieve this aim, Germany's deputy economy and energy minister Thomas Bareiss told Anadolu Agency (AA) on Monday.

Oil Falls With Possibility of OPEC, Russia Output Boost

Oil Falls With Possibility of OPEC, Russia Output Boost

Τρι, 16 Απριλίου 2019 - 20:22

Crude oil prices were down at trading start on Tuesday with the possibility of OPEC and Russia ramping up production to counter U.S. shale producers obtaining a larger market share.

Domestic and Renewables Add 445 MW in Turkey in 1Q19

Domestic and Renewables Add 445 MW in Turkey in 1Q19

Παρ, 12 Απριλίου 2019 - 19:44

Turkey added 445 megawatts of installed electricity production capacity from 100% domestic and renewable energy resources in the first quarter 2019, according to data of Turkey's Energy and Natural Resources Ministry.

Siemens G. to Supply Denmarks Thorup-Sletten Wind Farm

Siemens G. to Supply Denmark's Thorup-Sletten Wind Farm

Παρ, 12 Απριλίου 2019 - 19:40

Siemens Gamesa agreed with Denmark's leading developer and operator of wind turbines, Eurowind Energy, to supply 18 onshore turbines for Denmark's largest onshore wind farm, Siemens Gamesa said in a statement on Friday.

Serbia to Refute EU Opposition to Turkstreams 2nd Line

Serbia to Refute EU Opposition to Turkstream's 2nd Line

Πεμ, 11 Απριλίου 2019 - 20:40

Serbia will not accept the European Union's (EU) opposition to the TurkStream pipeline extension project as it did when the Union opposed the South Stream project four years ago, the Serbian Minister of Energy and Mining Aleksandar Antic told Anadolu Agency on Wednesday.

US Gas-Fired Plants Surpass Coal-Fired Capacity

US Gas-Fired Plants Surpass Coal-Fired Capacity

Πεμ, 11 Απριλίου 2019 - 20:38

Natural gas-fired combined-cycle plant capacity for electricity generation in the U.S. surpassed coal-fired plants in January this year, the country's Energy Information Administration (EIA) said in a statement on Wednesday.

Oil Prices on Rise With Libya Tensions & Supply Cuts

Oil Prices on Rise With Libya Tensions & Supply Cuts

Τετ, 10 Απριλίου 2019 - 20:18

Crude oil prices opened higher Wednesday with ongoing tensions in Libya, and with sanctions on Iran and Venezuela hindering secure supply, however, a weaker global growth expectation could keep some cap on rising prices.

Turkish Household Gas Consumption Down by 12.3% in 2018

Turkish Household Gas Consumption Down by 12.3% in 2018

Τετ, 10 Απριλίου 2019 - 20:14

Turkey's natural gas consumption per household decreased by 12.3% to 905 cubic meters in 2018 compared to the last three year's average consumption of 1,032 cubic meters, according to Yasar Arslan, chair of the Turkish Natural Gas Distributors Association, (GAZBIR) on Wednesday.

Amazon Announces Three New Wind Power Projects

Amazon Announces Three New Wind Power Projects

Τρι, 9 Απριλίου 2019 - 20:48

Online retailer Amazon will source clean power from three wind energy projects as part of its long-term goal to power all global web services infrastructure with 100% renewable energy, the company announced on Monday.

Turkey Set to Invest $11B in Energy Efficiency

Turkey Set to Invest $11B in Energy Efficiency

Τρι, 9 Απριλίου 2019 - 20:46

Turkey aims to invest roughly $11 billion in energy efficiency over the next five years, cut its primary energy consumption by 14%, and reduce 66 million tons of CO2 emissions, Turkey's Deputy Energy and Natural Resources Minister Alparslan Bayraktar said on Tuesday.