Turkey Has Rapidly Become Leading Wind Market: Vestas

Turkey Has Rapidly Become Leading Wind Market: Vestas

Turkey has rapidly developed into a leading global wind market since Vestas installed its first wind turbine back in 1984, according to Olcayto Yigit, head of Vestas Turkey. Vestas has delivered 2 gigawatts (GW) of installed wind capacity in Turkey since then

Europe Turning to Nuclear Power Amid Global Energy Price Increase

Europe Turning to Nuclear Power Amid Global Energy Price Increase

Pro-nuclear European Union (EU) countries want nuclear energy to be classified as 'green energy' to pave the way for investments and reduce foreign dependency on energy that would be unaffected by fluctuations in fossil fuel prices while ensuring a climate-friendly transformation

Capital Gas LNG Newbuilds Will Have Wärtsilä Shaft Generators

Capital Gas LNG Newbuilds Will Have Wärtsilä Shaft Generators

Wärtsilä is to supply four shaft generator systems to provide power take-off from the main engines for two 174,000-cubic-meter LNG carriers on order at the Hyundai Heavy Industries (HHI) shipyard in Korea for Piraeus, Greece, headquarterer Capital Gas Ship Management Corp. Each of the vessels will be fitted with two 1.9 MW Wärtsilä shaft generators. The equipment is scheduled for delivery to the yard in 2022

Clean Energy Progress Far Too Slow, Says IEA

Clean Energy Progress Far Too Slow, Says IEA

Clean energy progress is still far too slow to put global emissions into sustained decline towards net zero, said the International Energy Agency (IEA) in its World Energy Outlook 2021 (WEO-2021) highlighting the need for accelerated action from governments as COP26 approaches

OPEC Revises Down 2021 Global Oil Demand, Keeps it Unchanged for 2022

OPEC Revises Down 2021 Global Oil Demand, Keeps it Unchanged for 2022

The Organization of Petroleum Exporting Countries (OPEC) lowered its global oil demand forecast for 2021 by 140,000 barrels per day (bpd) but kept growth unchanged for 2022 at 4.2 million bpd, the group said in its Monthly Oil Market Report on Wednesday

Russian Petchem Giant SIBUR to Boost Investments to Meet Greater Turkish Demand

Russian Petchem Giant SIBUR to Boost Investments to Meet Greater Turkish Demand

Russia's largest petrochemical plant SIBUR plans to expand investments in facilities in Russia to meet Turkey's growing domestic demand, the executive director for Marketing and Sales, Procurement, Innovation and Business Development told Anadolu Agency in a recent interview

Serbia to Sell Jaroslav Černi Water Institute

Serbia to Sell Jaroslav Černi Water Institute

The Ministry of Economy has invited bids for the sale of the Jaroslav Černi Water Institute. It is the leading scientific research organization in the water sector in Serbia

Qatar Cant Help Red Hot Gas Markets as Production at Maximum

Qatar Can't Help Red Hot Gas Markets as Production at Maximum

Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand

Gazprom Says Gas Supply to European Consumers Ramped Up

Gazprom Says Gas Supply to European Consumers Ramped Up

Russia's state-controlled energy giant Gazprom on Friday said gas supplies to European consumers were ramped up in line with existing contractual commitments and consumer demands