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US Energy CO2 Emissions Rise First Time in Four Years

US' Energy CO2 Emissions Rise First Time in Four Years

Total energy-related carbon dioxide (CO2) emissions in the U.S. rose in 2018 for the first time since 2014, according to a statement by the country's Energy Information Administration (EIA) on Tuesday.

Oil-Rich Saudi Arabia Plans to Shift to Nuclear Energy

Oil-Rich Saudi Arabia Plans to Shift to Nuclear Energy

Saudi Arabia, the world's top oil exporter wants to tap nuclear energy for the sole peaceful purpose of diversifying its energy supply. The plan to develop 16 nuclear power plants in Saudi Arabia over the long-term was formed so atomic energy can be used to generate electricity, Joseph Kechichian, a senior fellow at King Faisal Center for Research and Islamic studies, told Anadolu Agency.

Saudi Arabia Becomes Largest Oil Exporter to China

Saudi Arabia Becomes Largest Oil Exporter to China

Saudi Arabia's crude oil exports to China showed an increase in October this year, compared to the previous month and the same period a year ago, according to China’s General Administration of Customs data on Monday.

Turkey Gets $350M in Funding for Efficiency Investments

Turkey Gets $350M in Funding for Efficiency Investments

Over 50,000 Turkish households availed of $350 million in funding energy efficiency in buildings and equipment through a lending program jointly developed by several clean finance institutions, the European Bank for Reconstruction (EBRD) announced Tuesday during a meeting.

Bulgartransgaz Signs 34 Mln Euro Gas Pipeline Deal With Canada-Led Tie-Up

Bulgartransgaz Signs 34 Mln Euro Gas Pipeline Deal With Canada-Led Tie-Up

Bulgaria's gas transmission network operator Bulgartransgaz said on Friday that it has signed on October 25 a 67.2 million levs ($37.9 million/34.4 million euro) deal for replacing several gas pipeline sections with a Canadian-Bulgarian tie-up

Oil Down With Chinas Retaliatory Stance Against US

Oil Down With China's Retaliatory Stance Against US

Crude oil prices were down at trade opening on Friday due to China's strong stance taken against the U.S. in its talks of fighting back, and which resulted in the souring of trade tensions between the two countries

Chinas Coal Capacity Soars Despite Climate Vow: Report

China's Coal Capacity Soars Despite Climate Vow: Report

China's greater electricity generation from coal-fired power plants surpassed coal plant closures in the rest of the world over an 18-month period, despite Beijing's promises to curb emissions because of climate change

Turkeys Daily Power Consumption Up 3.24% on Nov. 19

Turkey's Daily Power Consumption Up 3.24% on Nov. 19

Turkey's daily electricity consumption increased by 3.24% to 797,692 megawatt-hours on Tuesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Wednesday.

Saudi Aramcos Income Higher Than 9 Oil Majors Combined

Saudi Aramco's Income Higher Than 9 Oil Majors Combined

Saudi Aramco, which will see its initial public offering (IPO) next month in the Saudi stock exchange, posted a net income higher than nine oil majors' earnings combined both in 2018 and during the first half of 2019.

Spot Market Electricity Prices for Thursday, Nov. 21

Spot Market Electricity Prices for Thursday, Nov. 21

The highest electricity rate for one-megawatt hour in the day-ahead spot market for Thursday will be 336.01 Turkish liras at 17.00 and 18.00 local time, and the lowest will be 250 liras at 03.00 and 04.00 local time, according to official figures on Wednesday.

UN Chief Calls for Green, Clean Development in Africa

UN Chief Calls for Green, Clean Development in Africa

UN Secretary General on Wednesday called on African countries to "adopt a holistic approach to industrial policy," as well as clean and green strategies amid current climate crisis.

Turkeys Daily Power Consumption Rises 0.46% on Nov. 13

Turkey's Daily Power Consumption Rises 0.46% on Nov. 13

Turkey's daily electricity consumption increased by 0.46% to 782,206 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

Global Oil Production Up in October 2019

Global Oil Production Up in October 2019

Global oil supply in October increased in October by 1.67 million barrels per day (mb/d) month on month (m-o-m) to average 99.34 mb/d, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Thursday.