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3 Banks to Co-Finance Turkey’s Largest Geothermal Plant

Πεμ, 25 Ιουλίου 2019 - 20:19

Three major development banks are helping Turkey diversify its energy mix with an investment adding close to 100 megawatts (MW) in capacity to EFELER, the country’s largest geothermal power plant, the Asian Infrastructure Investment Bank announced on Thursday.

Europe's New Wind Installations Up in 1h19 to 4.9 GW

Πεμ, 25 Ιουλίου 2019 - 20:16

Europe added 4.9 gigawatts (GW) of new wind energy capacity in the first half of 2019, according to data released Thursday by WindEurope.

'Turkey Constantly Protects Drilling Vessels in E.Med'

Τρι, 23 Ιουλίου 2019 - 20:04

The Turkish Naval Forces Command is providing full protection to Turkish drilling vessels operating in the Eastern Mediterranean, the country’s National Defense Ministry announced on Tuesday.

IEA Stands Ready to Act if Needed for Strait Of Hormuz

Τρι, 23 Ιουλίου 2019 - 20:01

The International Energy Agency (IEA) is closely monitoring developments in the Strait of Hormuz, including the recent seizure of a U.K.-flagged oil tanker, and stands ready to act if needed, the agency said in a statement late Monday.

Greece Has Granted a Gas Interconnector License to Bulgaria

Δευ, 22 Ιουλίου 2019 - 20:59

By decision of the Greek Regulatory Authority for Energy (RAE), ICGB AD receives a license for an Independent Transmission System Operator (INGS). 

European Cement Firms Urged to be More Climate Friendly

Δευ, 22 Ιουλίου 2019 - 20:53

A group of investors are calling on leading European construction material firms to take the necessary steps to reduce their contribution to climate change, according to the Institutional Investors Group on Climate Change (IIGCC) on Monday - the European membership body for climate change investor collaboration.

Solar Farm in Spain Receives €285 Million Investment

Παρ, 19 Ιουλίου 2019 - 20:34

The European Investment Bank (EIB) and Spain's Instituto de Crédito Oficial (ICO) will invest up to €285 million in a photovoltaic (PV) solar plant, project builder Iberdrola said on Tuesday.

Turkish Parliament Ratifies 11th Development Plan

Παρ, 19 Ιουλίου 2019 - 20:23

Turkey’s parliament ratified the country's 11th development plan late Thursday by a large majority.

US Crude Oil Inventories Fall for W/E July 12

Πεμ, 18 Ιουλίου 2019 - 21:06

U.S. crude oil inventories fell more than expected last week, according to data released by the Energy Information Administration (EIA) on Wednesday.

Turkey's Installed Power Capacity Up 96% in 1H19 Vs 1H18

Πεμ, 18 Ιουλίου 2019 - 21:01

Turkey's installed power capacity increased by 96.54% in the January-June period of 2019, compared to the same period last year, according to calculations made by Anadolu Agency on Thursday.

Algerian LNG Carrier Arrives in Turkey

Τετ, 17 Ιουλίου 2019 - 20:47

Algerian energy company Hyproc SC's LNG carrier Ramdane Abane arrived in Turkey on Monday, July 15, according to ship tracking data on Tuesday.

Gazprom's Gas Production Up 2.3% From Jan. 1 - July 15

Τετ, 17 Ιουλίου 2019 - 20:42

Russia's gas giant increased its natural gas production by 2.3% for the period between Jan. 1 and to July 15 to 276.3 billion cubic meters (bcm) compared to the same period of 2018, the company announced on Wednesday.

Turkey to Continue Exploration in E. Med With 4th Ship

Τρι, 16 Ιουλίου 2019 - 20:46

Turkey will send its fourth ship to the Eastern Mediterranean region to continue its exploration and drilling, Turkey's Energy and Natural Resources Minister Fatih Donmez said on Tuesday.