English Edition

BOTAŞ is Expected to Reduce Power Plant’s Tariff

Τετ, 24 Οκτωβρίου 2018 - 19:44

After the significant decline in the dollar exchange rate, the difference between the BOTAŞ’s current industrial tariff and the reference price in the market fell below 15%. However, there is still a subsidy of more than 50% in the residential tariff

Enel Starts Build of S. America's Largest PV Plant

Τρι, 23 Οκτωβρίου 2018 - 14:40

The Enel Group's Brazilian renewable energy subsidiary Enel Green Power Brasil Participacoes Ltda. (EGPB) started construction of a 475-megawatt solar park in northeastern Brazil, the Italian energy group announced Monday

Economic Relations With Turkey Vital for Germany: Amb.

Τρι, 23 Οκτωβρίου 2018 - 14:38

Turkey holds great economic importance for Germany through bilateral trade and as a production base, German Ambassador to Turkey Martin Erdmann told Anadolu Agency on Monday

Aker BP's Earnings Increase by More Than 150% in 3Q18

Παρ, 19 Οκτωβρίου 2018 - 20:03

Aker BP’s third-quarter operating profit increased by 150.2 percent in the third quarter of 2018, compared to the same quarter of 2017, helped by the oil price increases, the Norwegian oil firm said on Friday

Ankara, Baku Boost Strategic Ties With STAR Refinery

Παρ, 19 Οκτωβρίου 2018 - 19:58

The opening of a new oil refinery in Turkey has bolstered ties between Ankara and Baku, Turkish President Recep Tayyip Erdogan said on Friday

Turkey Warns Greece, Calls for Easing Tensions

Πεμ, 18 Οκτωβρίου 2018 - 20:05

Greece should avoid acts that will accelerate tensions in the Mediterranean Sea, said Turkish Energy and Natural Resources Ministry on late Thursday

Shell to Sell Interests in Danish Subsidiary for $1.9B

Πεμ, 18 Οκτωβρίου 2018 - 20:02

Royal Dutch Shell Plc. (Shell) reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco) to sell shares in its Danish subsidiary Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion, the energy giant announced Wednesday

Uzbekistan to Break Ground for Country's 1st Nuke Plant

Τετ, 17 Οκτωβρίου 2018 - 20:19

The groundbreaking ceremony of Uzbekistan's first nuclear power plant will be held on Friday, Oct. 19, the Kremlin announced on Tuesday

Turkish State Energy Companies to Invest $1.5B in 2019

Τετ, 17 Οκτωβρίου 2018 - 20:16

Turkey’s state-owned energy companies are expected to make 8.40 billion Turkish liras ($1.48 billion) of investments next year, a presidential decree revealed on Wednesday. According to the decree published on the Official Gazette, a total of eight energy companies will make these investments

Remove Sanctions to Fix Oil Prices, Iranian Min. Says

Τρι, 16 Οκτωβρίου 2018 - 17:59

Iranian Oil Minister Bijan Zanganeh on Tuesday called on the U.S. to remove sanctions against Tehran to bring oil prices down, local media reported

Dispersed Renewables Key to Turkey's Transit Cost Cuts

Τρι, 16 Οκτωβρίου 2018 - 17:56

Turkey's energy system could benefit from greater distribution of renewable energy plants to various parts of the country in an effort to reduce transmission costs while also allowing investors achieve better returns on their investments, the Chairman of the Steering Committee of the SHURA Energy Transition Center said Tuesday

Balkan Energy Regulators Establish Advisory Forum

Δευ, 15 Οκτωβρίου 2018 - 15:08

National energy regulators of Bulgaria, Greece, Serbia, Macedonia,and Montenegro have signed an agreement on the establishment of a permanent advisory forum

Iran Selling Oil to New Customers: Vice President

Δευ, 15 Οκτωβρίου 2018 - 14:55

Iran has found new customers for its oil amid negotiations with traditional buyers to circumvent sanctions, Shana reported Iran's First Vice President Eshaq Jahangiri as saying on Sunday