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Oil Falls With Possibility of OPEC, Russia Output Boost

Oil Falls With Possibility of OPEC, Russia Output Boost

Crude oil prices were down at trading start on Tuesday with the possibility of OPEC and Russia ramping up production to counter U.S. shale producers obtaining a larger market share.

Domestic and Renewables Add 445 MW in Turkey in 1Q19

Domestic and Renewables Add 445 MW in Turkey in 1Q19

Turkey added 445 megawatts of installed electricity production capacity from 100% domestic and renewable energy resources in the first quarter 2019, according to data of Turkey's Energy and Natural Resources Ministry.

Siemens G. to Supply Denmarks Thorup-Sletten Wind Farm

Siemens G. to Supply Denmark's Thorup-Sletten Wind Farm

Siemens Gamesa agreed with Denmark's leading developer and operator of wind turbines, Eurowind Energy, to supply 18 onshore turbines for Denmark's largest onshore wind farm, Siemens Gamesa said in a statement on Friday.

Serbia to Refute EU Opposition to Turkstreams 2nd Line

Serbia to Refute EU Opposition to Turkstream's 2nd Line

Serbia will not accept the European Union's (EU) opposition to the TurkStream pipeline extension project as it did when the Union opposed the South Stream project four years ago, the Serbian Minister of Energy and Mining Aleksandar Antic told Anadolu Agency on Wednesday.

US Gas-Fired Plants Surpass Coal-Fired Capacity

US Gas-Fired Plants Surpass Coal-Fired Capacity

Natural gas-fired combined-cycle plant capacity for electricity generation in the U.S. surpassed coal-fired plants in January this year, the country's Energy Information Administration (EIA) said in a statement on Wednesday.

Oil Prices on Rise With Libya Tensions & Supply Cuts

Oil Prices on Rise With Libya Tensions & Supply Cuts

Crude oil prices opened higher Wednesday with ongoing tensions in Libya, and with sanctions on Iran and Venezuela hindering secure supply, however, a weaker global growth expectation could keep some cap on rising prices.

Turkish Household Gas Consumption Down by 12.3% in 2018

Turkish Household Gas Consumption Down by 12.3% in 2018

Turkey's natural gas consumption per household decreased by 12.3% to 905 cubic meters in 2018 compared to the last three year's average consumption of 1,032 cubic meters, according to Yasar Arslan, chair of the Turkish Natural Gas Distributors Association, (GAZBIR) on Wednesday.

Amazon Announces Three New Wind Power Projects

Amazon Announces Three New Wind Power Projects

Online retailer Amazon will source clean power from three wind energy projects as part of its long-term goal to power all global web services infrastructure with 100% renewable energy, the company announced on Monday.

Turkey Set to Invest $11B in Energy Efficiency

Turkey Set to Invest $11B in Energy Efficiency

Turkey aims to invest roughly $11 billion in energy efficiency over the next five years, cut its primary energy consumption by 14%, and reduce 66 million tons of CO2 emissions, Turkey's Deputy Energy and Natural Resources Minister Alparslan Bayraktar said on Tuesday.

Akkuyu Nuclear Plant Tracks Progress one Year on

Akkuyu Nuclear Plant Tracks Progress one Year on

A one-year milestone in the construction of the Akkuyu nuclear power plant (NPP) is indicative of the successful cooperation between the partner countries to the plant; Russia and Turkey, the plant's project company, Akkuyu Nuclear announced Friday.

EU Brings Pipelines From Non-EU Countries Under EU Law

EU Brings Pipelines From Non-EU Countries Under EU Law

Members of the European Parliament (MEPs) voted in favor of extending EU gas market rules to pipelines coming from non-EU countries including the Nord Stream II, the European Parliament announced on Thursday.