English Edition

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

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.

Turkey's Daily Wind Power Generation Hits Record

Τρι, 17 Σεπτεμβρίου 2019 - 20:50

Turkey's wind electricity generation hit a daily record on Sunday with 19 percent of the total power being generated from wind, according to data of Turkey's Electricity Transmission Corporation (TEIAS) on Monday.

Record US Gas Production Pushes Prices to 20-Year Lows

Τρι, 17 Σεπτεμβρίου 2019 - 20:46

Record natural gas production in the U.S. has pushed gas prices to their lowest level in 20 years, according to the latest issue of Natural Gas World Magazine published on Monday.

IKEA Parent to Buy 80% Stake in Seven Romanian Wind Farms from Vestas

Παρ, 13 Σεπτεμβρίου 2019 - 19:27

Ingka Group, the parent company of Swedish furniture retailer IKEA, said on Friday it has signed an agreement to buy an 80% stake in seven Romanian wind farms from Danish wind turbine maker Vestas for 136 million euros ($150 million)

New EV Fast Charging Stations Start in Italy, Austria

Παρ, 13 Σεπτεμβρίου 2019 - 19:25

The addition of 200 fast charging stations has brought the number of electric vehicle charging points to 400 on the main long-distance roads in Italy and Austria, Enel, the station operator, announced

Bulgaria to Hold Talks With Contourglobal for Terminating PPA With Maritsa East 3 TPP

Πεμ, 12 Σεπτεμβρίου 2019 - 18:53

Bulgaria's government said on Wednesday that it has mandated three of its members to hold talks with ContourGlobal for termination of the power purchase agreement (PPA) with ContourGlobal Maritsa East 3 thermal power plant majority owned by the London-listed energy giant

Brent Oil Down After Trump Hints Easing Iran Sanctions

Πεμ, 12 Σεπτεμβρίου 2019 - 18:46

Price of Brent crude was down to open Thursday after U.S. President Donald Trump hinted the possibility that Washington could ease sanctions on Iran, which would increase crude exports from the country and raise oversupply in the oil market

Greece, Slovenia Among Five EU Countries to Introduce New Fossil Fuel Subsidies – Report

Τετ, 11 Σεπτεμβρίου 2019 - 19:05

Five EU countries including the UK, Germany, Greece, Poland, and Slovenia are looking to introduce new fossil fuel subsidies by 2030, an analysis of the 28 Member States’ draft energy and climate plans (NECPs) has revealed

Global Oil Supply Up in August 2019

Τετ, 11 Σεπτεμβρίου 2019 - 19:01

Global oil supply increased in August by 0.83 million barrels per day (mb/d) month on month (m-o-m) to average 99.24 mb/d, the Organization of Petroleum Exporting Countries (OPEC) reported on Wednesday

CEZ Launches Market Sounding to Divest Assets in Romania

Τρι, 10 Σεπτεμβρίου 2019 - 15:42

Czech energy group CEZ said on Monday that it has launched a process for the sale of its assets in Romania

EU Top Court Overrules Gazprom's Access to Opal P/Line

Τρι, 10 Σεπτεμβρίου 2019 - 15:38

The European Court of Justice overruled a European Commission decision that approved Russia’s Gazprom gaining more capacity on the Opal gas pipeline through Germany, the Polish Energy Ministry announced on Tuesday

Saudi Aramco Chairman Appointment Aims to Speed Up IPO

Δευ, 9 Σεπτεμβρίου 2019 - 19:08

The appointment of the head of Saudi Arabia's sovereign wealth fund as the Saudi Aramco chairman replacing Energy Minister Khalid Al-Falih, signals Riyad's desire to speed up the company's Initial Public Offering (IPO), according to Bassel Al Khatib, an economy expert and founder of Beirut-based Business Echoes