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Greenhouse Gases Hit Highest Level in 800,000 Years

Greenhouse Gases Hit 'Highest' Level in 800,000 Years

The dominant greenhouse gases released into earth's atmosphere, including carbon dioxide, methane, and nitrous oxide, reached new record highs in 2017, hitting a level not seen in 800,000 years, according to a recent report

Erdogan Announces Turkeys 100-Day Energy Plan

Erdogan Announces Turkey's 100-Day Energy Plan

Turkish President Recep Tayyip Erdogan on Friday announced that the country's plans to develop the domestic energy sector would include the purchase of a second drilling vessel to conduct offshore exploration of hydrocarbons in waters surrounding the country

UK Must Provide Road Map for Gas After Brexit

UK Must Provide Road Map for Gas After Brexit

The U.K. government needs to provide clarity on the future role of gas in the U.K. to allow the industry to make informed investment decisions after Brexit, a report by Warwick Business School said on Tuesday

European Commission Grants 5 Million Euros to TANAP

European Commission Grants 5 Million Euros to TANAP

The European Commission's Connecting Europe Facility (CEF) allocated around 5 million euros to the Trans-Anatolian Natural Gas Pipeline project (TANAP), the company announced yesterday

Repsol, Enagas to Develop Renewable Hydrogen Technology

Repsol, Enagas to Develop Renewable Hydrogen Technology

Spanish energy company Repsol and Spanish gas system operator Enagas have signed an agreement to continue developing technology that allows the production of renewable hydrogen, Repsol announced on Monday

Turkeys Energy Import Bill up 36 percent in June

Turkey's Energy Import Bill up 36 percent in June

Turkey's energy import bill increased by 36 percent to nearly $3.44 billion in June from nearly $2.53 billion for the same month last year, according to Turkish Statistical Institute's (TurkStat) data released Tuesday

Bloomberg: Gasoline in Bulgaria is Cheap but Inaccessible

Bloomberg: Gasoline in Bulgaria is Cheap but Inaccessible

The Bloomberg agency (Bloomberg.com) has produced a ranking of countries according to the price of gasoline A-95. Bulgaria has the cheapest but also the most inaccessible fuel in the entire European Union

Oil, Gas Discoveries up Nearly 30 Percent in First Half of 2018

Oil, Gas Discoveries up Nearly 30 Percent in First Half of 2018

Global discoveries of conventional oil and natural gas were up nearly 30 percent in the first half of 2018 compared to last year, according to a recent analysis by Oslo-based Rystad Energy, an independent energy research and business intelligence company

Turkey to Drill in Mediterranean This Year: Energy Min.

Turkey to Drill in Mediterranean This Year: Energy Min.

Turkey, with the aid of the country's first drilling vessel, Fatih, will drill its first well in the Mediterranean this year Fatih, Turkey's Energy and Natural Resources Minister Fatih Donmez said late Thursday

Oil Output Rise May Be on Cards: Russias Energy Min.

Oil Output Rise May Be on Cards: Russia's Energy Min.

The decision of the Organization of the Petroleum Exporting Countries (OPEC) to limit oil production could be reviewed and revised up, according to Alexander Novak, Russia's energy minister on Friday

Ukraine, US Join Forces Against Nord Stream 2 Project

Ukraine, US Join Forces Against Nord Stream 2 Project

President of Ukraine Petro Poroshenko said collaboration between Ukraine and the U.S. is crucial to successfully oppose the construction of the Nord Stream 2 gas pipeline project that plans to bring Russian gas to Europe, he said late Wednesday

Spanish Iberdrolas Net Profit Up 27% in 1H18

Spanish Iberdrola's Net Profit Up 27% in 1H18

Spanish energy company Iberdrola's net profit increased by 27 percent to €1.367 billion in the first half of 2017, compared to the same period of 2016, the company said on Wednesday

Turkeys Gas Imports Fall By Almost 19% in May

Turkey's Gas Imports Fall By Almost 19% in May

Turkey's natural gas imports decreased by almost 19 percent in May compared to the same month last year, according to the Turkish energy watchdog's data released on Wednesday