Government Aid Could Deliver 20K Irish Wind Sector Jobs

Government Aid Could Deliver 20K Irish Wind Sector Jobs

The Irish Wind Energy Association (IWEA) and the National Offshore Wind Energy Association of Ireland (NOW Ireland) identified specific governmental action to enable substantial offshore wind energy development while providing an estimated 20,000 jobs, the IWEA said in a statement on Wednesday

Turkey Sets Ceiling Price At $0.055/kWh in Wind Tender

Turkey Sets Ceiling Price At $0.055/kWh in Wind Tender

A maximum ceiling price offer of $0.055 per kilowatt-hour (kWh) has been set for Turkey's second Renewable Energy Resources Zones (YEKA) wind energy tenders for a total capacity of 1,000 megawatts, the Turkish Energy and Natural Resources Ministry announced Wednesday

Saudi Aramco’s Switch to New Oil Benchmark

Saudi Aramco’s Switch to New Oil Benchmark

Saudi Aramco has recently announced the company’s plan to change its pricing formula that was used for long-term crude oil sales, which will come into effect as of October 2018

Saudi Prince Launches Country's 1st Nuke Plant Project

Saudi Prince Launches Country's 1st Nuke Plant Project

Saudi Arabia's crown prince set in motion seven major energy projects, one of which is to build the kingdom’s first nuclear research reactor, according to the Saudi Press Agency’s report late Monday

Russia to Boost Annual Gas Supply Volumes to Austria

Russia to Boost Annual Gas Supply Volumes to Austria

Russian Gazprom and Austrian OMW signed a contract to increase the supply of Russian gas by 1 billion cubic meters (bcm) per year, the Russian company announced Monday

Turkey's Energy Import Bill up 15.5 Percent in Sept.

Turkey's Energy Import Bill up 15.5 Percent in Sept.

Turkey's energy import bill increased by 15.5 percent to nearly $3.6 billion in September from nearly $3.1 billion for the same month last year, according to data released by the Turkish Statistical Institute on Wednesday

US Signals Iran Oil Sanctions Waivers Possible

US Signals Iran Oil Sanctions Waivers Possible

The U.S. said Tuesday it is considering sanctions "exemptions" for countries that have majorly cut their dependence on Iranian oil ahead of a key deadline next week

Russia Seeks to Triple its Share in Global LNG Market

Russia Seeks to Triple its Share in Global LNG Market

Russia aims to increase its share in the global liquified natural gas (LNG) market to almost 20 percent within 15 years, Prime Minister Dmitry Medvedev said Thursday according to local media

Turkey, Germany Agree to Develop Energy Projects

Turkey, Germany Agree to Develop Energy Projects

Turkish and Germany energy ministers on Friday signed a letter of intent to develop energy projects. The document was signed at the Turkish-German Energy Forum held in Turkish capital Ankara

Upstream Players Must Spend More to Meet Future Demand

Upstream Players Must Spend More to Meet Future Demand

Global oil and gas development expenditure needs to increase by around 20 percent to meet future demand growth to ensure companies sustain production over the next decade, Wood Mackenzie said Wednesday