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Three Quarters of Nord Stream 2 Pipeline Complete

Δευ, 26 Αυγούστου 2019 - 19:37

The Nord Stream 2 gas pipeline project is now 75% complete, the Nord Stream Company responsible for its construction said in a statement Monday

Indonesia's West Ganal Exploration Block Awarded to Eni

Δευ, 26 Αυγούστου 2019 - 19:34

Eni and its partners, Pertamina and Neptune won Indonesia's second conventional oil and gas bidding round in 2019 to acquire the West Ganal exploration block in the Kutei Basin, offshore Indonesia, Eni announced in a statement Monday

'Turkey Will Resolutely Continue Explorations in E Med'

Σαβ, 24 Αυγούστου 2019 - 02:09

Turkey will “resolutely” continue to explore hydrocarbon resources in the Eastern Mediterranean, President Recep Tayyip Erdogan said on Thursday.

World's 1st Floating Nuke Plant Sets Sail Across Arctic

Σαβ, 24 Αυγούστου 2019 - 02:06

The world's first floating nuclear power plant, the Akademik Lomonosov, started its more than 4,700-kilometer voyage on Friday from Russia’s northwestern port city of Murmansk to supply electricity to the northernmost port town of Pevek, on the other side of Russia's Arctic coast.

Turkey's Akkuyu Nuclear Plant Secures Russian Financing

Πεμ, 22 Αυγούστου 2019 - 18:57

Sberbank, Russia's state-owned banking and financial services company will provide a $400 million loan for the construction of Turkey's Akkuyu nuclear power station, the bank announced on Wednesday.

Scandinavia’s Largest Offshore Wind Farm Opens

Πεμ, 22 Αυγούστου 2019 - 18:54

Swedish Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3, the company announced in a statement Thursday.

Rosneft Reports Almost 9.1% Net Income Rise in 1H19

Τετ, 21 Αυγούστου 2019 - 19:14

Rosneft's net income grew by more than 9% in the first half of 2019, compared to the same period last year, the company reported on Wednesday.

Turkey's Energy Xchange Ηits Record in Spot Gas Trade

Τετ, 21 Αυγούστου 2019 - 19:11

Data on Turkey's Energy Exchange Istanbul (EXIST) trade volume for Tuesday's spot natural gas market hit a record high generating approximately 29 million Turkish liras since the energy stock exchange was established on Sept. 1 in 2018, EXIST data shows on Wednesday.

Offshore Wind Expects to Increase by Over 25% by 2030

Δευ, 19 Αυγούστου 2019 - 16:49

Offshore wind market growth cumulative capacity is predicted to increase from 154 to 193 gigawatts (GW) by 2030, with a long-range forecast of over 500 gigawatts by 2050, according to a recent report from U.S.-based National Renewable Energy Laboratory (NREL).

Russian and Korean Company with Interest in Belene NPP, China's CNNC Is also Expected

Δευ, 19 Αυγούστου 2019 - 16:44

According to Horizont, the Russian company Rosatom and the Korean Hydro Nuclear Company have submitted applications to the Belene NPP strategic investor selection process to date. China's CNNC is also expected to submit documents by the end of the day.

Turkish Oyak Reaches Initial Deal to Buy British Steel

Παρ, 16 Αυγούστου 2019 - 19:43

The pension fund of the Turkish Armed Forces has reached a preliminary agreement to acquire U.K.-based industrial giant British Steel, said a written statement on Friday.

Global Oil Supply Up in July 2019

Παρ, 16 Αυγούστου 2019 - 19:40

Global oil supply increased in July by 0.23 million barrels per day (mb/d) month on month (m-o-m) to average 98.71 mb/d, the Organization of Petroleum Exporting Countries (OPEC) reported on Friday.

'Security of Strait of Hormuz Red Line For Iran'

Τρι, 13 Αυγούστου 2019 - 19:35

Stability and security of the Strait of Hormuz is Iran’s red line, Iranian First Vice-President Eshaq Jahangiri said on Monday, according to Iran's Young Journalists Club (YJC) news agency.