English Edition

Siemens Gamesa to Supply 300 MW Turbine Plant in Taiwan

Siemens Gamesa to Supply 300 MW Turbine Plant in Taiwan

Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) signed a preferred supplier agreement for the delivery and servicing of turbines on the 300-megawatt Hai Long 2 offshore wind power project, located approximately 50 kilometers off the coast of Changhua County, according to the company's announcement on Tuesday.

Saudis to Extract Oil Until Last Molecule: Energy Min.

Saudis to Extract Oil Until Last Molecule: Energy Min.

Saudi Arabia intends to use its rich oil resources while searching for new areas to use its energy sources, according to its Energy Minister Prince Abdul Aziz bin Salman on Tuesday.

Turkey, Denmark Work Closely for Offshore Wind Growth

Turkey, Denmark Work Closely for Offshore Wind Growth

The collaboration between Turkey and Denmark for offshore wind development will help Turkey in its preparations for its first offshore wind power plant, Energy Sector Counselor of the Royal Danish Embassy in Ankara told Anadolu Agency on Wednesday.

Saudi Aramco to Sell 0.5% in IPO to Retail Investors

Saudi Aramco to Sell 0.5% in IPO to Retail Investors

Saudi Arabia's crown jewel Aramco said it will sell 0.5% of its shares to retail investors in the much-awaited initial public offering (IPO) scheduled for December, which is anticipated to make the company the world's most valuable.

Iran Finds New Oilfield of Massive Size

Iran Finds New Oilfield of Massive Size

Iranian President Hassan Rouhani on Sunday said a new big oilfield has been discovered in Khuzestan province in southwestern Iran. "We have discovered a new big oilfield with 53 billion barrels of reserves," Rouhani said in a speech cited by the official IRNA news agency.

Iraq Views Turkey as Alternative for Basra Oil Exports

Iraq Views Turkey as Alternative for Basra Oil Exports

Iraq is targeting Turkey as one of a possible export route alternatives for oil transportation from the oil-rich Basra region that has seen its exports hamper due to protests in the country, Iraqi Oil Minister Falah Alamri Jassim told Anadolu Agency on Monday.

Bulgaria Becomes Part of the Common European Electricity Market

Bulgaria Becomes Part of the Common European Electricity Market

Bulgaria joins the common European electricity market, the Electricity System Operator announced. Together with Croatia, the Czech Republic, Hungary, Poland, Romania and Slovenia, Bulgaria will now be involved in unifying the electricity markets.

The Ιnfluence of Pipelines on Regional Politics

The Ιnfluence of Pipelines on Regional Politics

In our recently recently released book Does Energy Cause Ethnic Wars?: Natural gas and regional conflicts in the the East Mediterranean and Caspian Sea, Andreas Stergiou and I attempted to appraise the role of natural gas as well as the question of whether the prospect of economic benefits resulting from the development of energy resources can be an incentive for peace or a catalyst for war for those having to live through the ongoing power game in the Caspian Sea and the Eastern Mediterranean.

Turkish Drillship Fatih to Resume Drilling in East Med.

Turkish Drillship Fatih to Resume Drilling in East Med.

Turkey's drilling vessel, Fatih, will soon restart drilling in the Mediterranean Sea to continue oil and national gas exploration activities, Turkey's Energy and Natural Resources Minister Fatih Donmez announced Wednesday.

Saudi Aramco Prepares for $2T IPO in Tadawul on Dec. 11

Saudi Aramco Prepares for $2T IPO in Tadawul on Dec. 11

After three years of delays and uncertainties, Saudi Arabia's crown jewel, Aramco, finally received regulatory approval on Sunday for its scheduled listing on Dec. 11 in the Saudi stock exchange Tadawul, potentially the world's biggest initial public offering (IPO).

Exxonmobil Net Income, Revenue Down in Third Quarter

Exxonmobil Net Income, Revenue Down in Third Quarter

ExxonMobil saw its net income and revenue decline in the third quarter of 2019 due to low oil prices and high growth related expenses, according to the financial results statement released by the company on Friday.

Turkey Has 70 GW of Offshore Wind Potential: World Bank

Turkey Has 70 GW of Offshore Wind Potential: World Bank

Turkey has nearly 70 gigawatts (GW) of technical potential for offshore wind, according to a new World Bank Group report, Going Global: Expanding Offshore Wind in Emerging Markets, released Thursday.

SOCAR AQS Completes Well Drilling in Bulla-Deniz Field

SOCAR AQS Completes Well Drilling in Bulla-Deniz Field

SOCAR AQS, an integrated drilling and well services management company in Azerbaijan, successfully completed well drilling in the Bulla-Deniz field located in the Caspian Sea on behalf of Azneft Production Unit, the company announced on Friday.