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Turkeys Power Generation Rises 2.39 Percent in Sept.

Turkey's Power Generation Rises 2.39 Percent in Sept.

Turkey's electricity production increased by 2.39 percent in September compared to the same month of 2017, according to the latest data revealed by the country's energy watchdog. Total production increased to approximately 24.49 million kilowatt-hours (kWh), from 23.92 million kWh in September 2017, Turkish Energy Market Regulatory Authority (EMRA) announced in its electricity market report for September 2018.

New US Gulf Projects Target Gas Production Rise

New US Gulf Projects Target Gas Production Rise

The implementation of new projects in the U.S.' Gulf of Mexico plans to raise natural gas production in the region where output declines have been seen over the past two decades, according to the Energy Information Administration (EIA) on Monday.

Israel-Europe Sub-Sea Gas Pipeline Gets Sign-Off

Israel-Europe Sub-Sea Gas Pipeline Gets Sign-Off

Israel, the Greek Cypriot administration, Greece and Italy have reached an agreement to lay an undersea gas pipeline from Israel to Italy, Israeli business daily Globes reported on Sunday.

Energy Efficiency Investment to Reach $770 bln. by 2040

Energy Efficiency Investment to Reach $770 bln. by 2040

Energy efficiency investments across the buildings, transport and industry sectors by 2040 are anticipated to reach around $770 billion compared to the $236 billion invested in 2017, the International Energy Agency (IEA) said in a recent report.

TANAP, TAP Pipelines Interconnect at Turkey-Greece Border

TANAP, TAP Pipelines Interconnect at Turkey-Greece Border

The 1,850 kilometers-long Trans Anatolian Natural Gas Pipeline Project (TANAP) and the 878 kilometers-long Trans Adriatic Pipeline project (TAP) were interlinked at the Maritsa River located on the Turkey-Greece border, a statement from the TANAP company said Wednesday.

Trump thanks Saudi Arabia for low oil prices

Trump thanks Saudi Arabia for low oil prices

U.S. President Donald Trump thanked Saudi Arabia for low crude oil prices Wednesday, a day after reaffirming his support for the Kingdom despite the killing of journalist Jamal Khashoggi.

Turkstreams Giant Pipelaying Vessel: Pioneering Spirit

Turkstream's Giant Pipelaying Vessel: Pioneering Spirit

The world's largest pipelaying vessel, the Pioneering Spirit, completed the deep-water offshore construction of the TurkStream natural gas pipeline on Monday, Nov. 19. With the Turkish and Russian presidents doing the honors, the last offshore section of this landmark natural gas pipeline was put into place on Monday.

Siemens Gamesa Sells Three PV Power Plants in Spain

Siemens Gamesa Sells Three PV Power Plants in Spain

Siemens Gamesa Renewable Energy (SGRE), through its subsidiary SGRE 9Ren, has sold three operational solar photovoltaic plants to Aurea Capital in Spain, a fund that specializes in renewable energy and infrastructure, the company announced on Wednesday.

US Homes Spend $129 P.A. for Cooking, Storing, Heating

US Homes Spend $129 P.A. for Cooking, Storing, Heating

U.S. households spend at least $129 on average for cooking, storing and heating food every year, according to the country's Energy Information Administration (EIA) data on Monday.

Exxonmobil Begins Drilling as US Hails Promise of East Med

Exxonmobil Begins Drilling as US Hails 'Promise' of East Med

As ExxonMobil and Qatar Petroleum began exploratory drilling in Block 10 of Cyprus’s exclusive economic zone (EEZ) on Friday, the US assistant secretary of state responsible for energy expressed Washington’s “excitement” over the catalytic role the exploitation of natural energy resources in the Eastern Mediterranean will have in the region’s development.

Japans Energy Dependent on Reforms, non-Hydro in Grid

Japan's Energy Dependent on Reforms, non-Hydro in Grid

Japan’s power sector needs regulatory reforms and the ability to integrate non-hydro renewables into a central grid to overcome the multiple challenges the sector faces, GlobalData said in a statement on Friday.

Putin at Turkstream Event: Turkey is Key Energy Hub

Putin at Turkstream Event: Turkey is Key Energy Hub

Turkey is becoming an important international energy hub as the TurkStream pipeline project becomes a reality, Russian President Vladimir Putin said in Istanbul on Monday. Becoming an energy hub will strengthen Turkey’s geopolitical position, Putin said at a ceremony alongside Turkish President Recep Tayyip Erdogan marking completion of the pipeline’s offshore section.

Global Oil-Gas Mergers Value Increases by 77% in 3Q18

Global Oil-Gas Mergers Value Increases by 77% in 3Q18

A total of 362 deals with a combined value of around $80 billion were registered in the global upstream oil and gas industry in the third quarter of 2018, according to GlobalData, a U.K.-based data and analytics company on Wednesday

ABB Enabling Worlds Largest Hi-Voltage DC Grid in China

ABB Enabling World's 'Largest' Hi-Voltage DC Grid in China

Zurich-based Swiss-Swedish multinational corporation ABB will enable the Zhangbei high-voltage direct current (HVDC) grid in the Beijing-Tianjin-Hebei area of China, integrating remote wind, solar and hydro energy in a transmission ring that ensures optimization of power flow, the company said Tuesday

Turkeys Ranking Improves in World Energy Trilemma 2018

Turkey's Ranking Improves in World Energy Trilemma 2018

Turkey climbed six places to rank 44 in the World Energy Trilemma Index 2018, which the World Energy Council (WEC) administrated, WEC Turkish National Committee announced Wednesday