English Edition

Digitalization is Key for Ic Anadolu Plant's Efficiency

Τετ, 6 Ιουνίου 2018 - 19:03

Digitalization technology has been pivotal in providing efficiency, cost advantages and better planning in operating Turkey's first digital power plant, the Ic Anadolu Natural Gas Combined Cycle Power Plant, according to the general manager of GAMA Energy, the plant's operator, in a recent interview

EU Decarbonization Requires Min. 60% Electrification

Τρι, 5 Ιουνίου 2018 - 19:44

Decisive action on climate change, requiring a major shift to electricity in transport, buildings and industry in the EU, is needed to meet the Paris climate goals, according to a new study conducted by Euroelectric, the trade body of the European power sector

Iran to Start Uranium Enrichment

Τρι, 5 Ιουνίου 2018 - 19:38

The Atomic Energy Organization of Iran (AEOI) started preparations for uranium enrichment, which is considered within the framework of the Joint Comprehensive Plan of Action (JCPOA), known as the Iran nuclear deal, according to AEOI President Ali-Akbar Salehi at a press briefing on Tuesday

Global Investors Call On G7 to Scale Up Climate Action

Δευ, 4 Ιουνίου 2018 - 19:55

A total of 288 global investors, with $26 trillion in assets under management, urged governments on Monday to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low carbon transition, and improve climate-related financial disclosures

Turkey Aims to Create World’s Competitive Automobile

Δευ, 4 Ιουνίου 2018 - 19:47

Turkey's Automobile Initiative Group targets the creation of a domestic car brand that will be capable of competing on a global scale, the group's CEO said

US Oil Production Rises 19 Times in 20 Weeks

Παρ, 1 Ιουνίου 2018 - 16:58

The U.S.' crude oil production increased for the 19th time in the last 20 weeks, according to the country's Energy Information Administration (EIA) data released on Thursday

Lukoil is Considering Building a Complex in Burgas for Nearly EUR 1 Billion

Παρ, 1 Ιουνίου 2018 - 16:54

Lukoil plans to build a complex for the production of polypropylene on the territory of "Neftochim" in Burgas, Vagit Alekperov, president and co-owner of the Russian company, told the RNB business magazine, calling the facility "a small petrochemical complex" and "modernization of the old production" without specifying the amount of the investment

Renewables Account for 6.6% of Dutch Energy Consumption

Πεμ, 31 Μαΐου 2018 - 15:57

Renewable energy sources accounted for 6.6 percent of total Dutch energy consumption in 2017, Statistics Netherlands (CBS) announced on Wednesday

Increase in Prices of Electricity, Heating and Hot Water in Bulgaria from 1 July

Πεμ, 31 Μαΐου 2018 - 15:46

Prices of Electricity and heating are expected to rise on July 1. The cost of household electricity will jump 1.89%, it became clear after a public discussion in the Energy and Water Regulatory Commission

Azerbaijani Gas Will Reach Bulgaria in 2 Years

Τετ, 30 Μαΐου 2018 - 19:29

Today, the Southern Gas Corridor, which will transport Azerbaijani gas to Europe, was officially opened, bTV reported

Iran Says Total has 60 Days to Get US Sanctions Waiver

Τετ, 30 Μαΐου 2018 - 19:23

Iran's Oil Minister Bijan Zangeneh said that France's Total has 60 days to secure a waiver from U.S. sanctions against Iran to remain as a participant in the South Pars 11 gas development project, Shana reported Wednesday

IENE’s Energy Efficiency Conference Covered Both Policy and Market Issues

Τρι, 29 Μαΐου 2018 - 18:27

With more than 100 participants from Greece and other European countries and 25 speakers and panelists IENE’s one day conference on “Investing in Energy Efficiency”, which was held in Athens last week (24/5) proved a great success as it helped to highlight the serious challenges and opportunities that are now being created in the field of energy efficiency especially in the building and industrial sector

OPEC: JMMC Reports Record Conformity Level in April

Παρ, 25 Μαΐου 2018 - 19:18

The 24 OPEC and non-OPEC producing countries participating in the voluntary production adjustments continue to maintain outstanding levels of conformity to the terms of the historic ‘Declaration of Cooperation’ of December 2016, according to the Joint Ministerial Monitoring Committee (JMMC)

Rosneft, Kurdish Reg. Gov. Ink Deal for Gas Development

Παρ, 25 Μαΐου 2018 - 19:12

Russia's Rosneft and the Kurdish Regional Government (KRG) signed a gas development agreement for the KRG region on Friday during the 22nd St. Petersburg International Economic Forum

Full Support for Quantum Cable, CEO Meets Gibraltar Prime Minister to Discuss Co-Operation

Παρ, 25 Μαΐου 2018 - 19:11

Nasos Ktorides, CEO of the Quantum Cable that will extend from Asia across the Mediterranean and on to the U.S., has received full support from the Prime Minister of Gibraltar for the “massive data highway” project to pass by the “Rock” where the Atlantic meets the Mediterranean

Russia's Rosneft Announces Oil Field Discovery in Iraq

Πεμ, 24 Μαΐου 2018 - 17:17

Bashneft International, a subsidiary of Rosneft, made a new discovery in an oil field in southwestern Iraq, Russian state-owned oil company Rosneft announced Wednesday. According to the company’s statement, the oil field named Salman was discovered as a result of drilling a first exploratory well in Block 12, an area of 7,680 square kilometers