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EIA Lowers Oil Price Forecasts for 2020 by $2 A Barrel

EIA Lowers Oil Price Forecasts for 2020 by $2 A Barrel

Τετ, 9 Οκτωβρίου 2019 - 20:18

The U.S.' Energy Information Administration (EIA) lowered oil price forecasts for 2020 by $2 per barrel based on expectations that global oil inventories will increase next year, according to its Short-Term Energy Outlook (STEO) report for October.

Turkeys Daily Power Consumption Down 0.001% on Oct.3

Turkey's Daily Power Consumption Down 0.001% on Oct.3

Παρ, 4 Οκτωβρίου 2019 - 20:06

Turkey's daily electricity consumption decreased by 0.001% to 784,432 megawatt-hours on Thursday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Friday.

US Crude Oil Exports Jump 200% in First Half of 2019

US Crude Oil Exports Jump 200% in First Half of 2019

Παρ, 4 Οκτωβρίου 2019 - 19:52

The U.S.' crude oil exports increased by 200% in the first half of 2019, compared to the same period of 2018, the country's Energy Information Administration (EIA) said in a statement on Thursday.

Hungarys MOL Breaks Ground of €1.2B Petrochemical Plant

Hungary's MOL Breaks Ground of €1.2B Petrochemical Plant

Παρ, 27 Σεπτεμβρίου 2019 - 20:26

In a move to transform its business from fuels to chemicals with an integrated value chain, Hungary's MOL together with German thyssenkrupp Industrial Solutions laid the foundation stone Friday to construct a €1.2 billion petrochemical facility - a polyol plant.

Turkish Nat. Gas Price to Remain Unchanged in Near Term

Turkish Nat. Gas Price to Remain Unchanged in Near Term

Παρ, 27 Σεπτεμβρίου 2019 - 20:22

The price of natural gas is not forecast to change in the near term, Energy and Natural Resources Minister Fatih Donmez said Friday. Highly dependent on foreign natural gas imports, Turkey last saw a gas price increase of 14.9% on Aug. 31.

Turkeys Daily Power Consumption Up 1.52% on Sep. 25

Turkey's Daily Power Consumption Up 1.52% on Sep. 25

Πεμ, 26 Σεπτεμβρίου 2019 - 20:07

Turkey's daily electricity consumption increased by 1.52% to 792,984 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

Eni, Mainstream to Cooperate for Large-Scale Renewables

Eni, Mainstream to Cooperate for Large-Scale Renewables

Τετ, 25 Σεπτεμβρίου 2019 - 20:25

Italian Eni and global wind and solar development company, Mainstream Renewable Power (Mainstream) signed a cooperation agreement to develop large-scale renewable assets, Eni announced in a statement on Wednesday.

Turkeys Daily Power Consumption Up 3.46% on Sep. 24

Turkey's Daily Power Consumption Up 3.46% on Sep. 24

Τετ, 25 Σεπτεμβρίου 2019 - 20:21

Turkey's daily electricity consumption increased by 3.46% to 781,088 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

Delegates From More Than 100 Companies Met at EPOCH Congress

Delegates From More Than 100 Companies Met at EPOCH Congress

Τρι, 24 Σεπτεμβρίου 2019 - 20:01

Closed-door Congress, co-hosted with Hellenic Petroleum, took place in Thessaloniki earlier this week. The event was supported by both Greek and international media with reporters taking exclusive comments and interview from top-managers.

Turkeys Daily Power Consumption Up 14.% on Sep. 23

Turkey's Daily Power Consumption Up 14.% on Sep. 23

Τρι, 24 Σεπτεμβρίου 2019 - 19:58

Turkey's daily electricity consumption increased by 14% to 754,939 megawatt-hours on Monday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Tuesday.

Energy Infrastructure Needs Enhanced Security

Energy Infrastructure Needs Enhanced Security

Τρι, 24 Σεπτεμβρίου 2019 - 19:54

In light of the recent attacks on Saudi Aramco’s oil facilities, a more robust defense system needs to be implemented to detect such low-altitude missiles and drones, Arda Mevlutoglu, an expert on defense politics told Anadolu Agency.

Turkeys Daily Power Consumption Up 0.33% on Sept. 18

Turkey's Daily Power Consumption Up 0.33% on Sept. 18

Πεμ, 19 Σεπτεμβρίου 2019 - 20:45

Turkey's daily electricity consumption increased by 0.33% to 820.282 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

Oil Rises With US Due to Levy More Sanctions on Iran

Oil Rises With US Due to Levy More Sanctions on Iran

Πεμ, 19 Σεπτεμβρίου 2019 - 20:12

Crude oil prices were up at trading start on Thursday as the U.S. prepares to impose more sanctions on Iran in retaliation for what Washington considers is Tehran's attacks on Saudi Arabia's oil facilities.

Turkeys Daily Power Consumption up 1.33% on Sept. 17

Turkey's Daily Power Consumption up 1.33% on Sept. 17

Τετ, 18 Σεπτεμβρίου 2019 - 20:18

Turkey's daily electricity consumption increased by 1.33% to 817,519 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

France to Send Experts for Probe of Saudi Oil Attack

France to Send Experts for Probe of Saudi Oil Attack

Τετ, 18 Σεπτεμβρίου 2019 - 20:13

France will send experts to Saudi Arabia to help investigations into Saturday’s drone attacks on two facilities of state-owned oil company Aramco, the Elysee Palace said on Wednesday.