Italian Snam Forms New JV for Albania's Gas Pipelines

Italian Snam Forms New JV for Albania's Gas Pipelines

The Italian natural gas transmission system operator Snam and the Albanian gas infrastructure operator Albgaz signed an agreement to form a joint venture for the operation and maintenance of gas pipelines in Albania

Erdogan to Inaugurate TANAP Pipeline on June 12

Erdogan to Inaugurate TANAP Pipeline on June 12

Turkish President Recep Tayyip Erdogan is set to inaugurate the Trans Anatolian Natural Gas Pipeline (TANAP) project on June 12 in the northwestern city of Eskisehir

Nord Stream 2 Receives Construction Permit in Russia

Nord Stream 2 Receives Construction Permit in Russia

Nord Stream 2 AG, the developer of a pipeline to supply Russian natural gas to the EU market through the Baltic Sea received the construction permit for the Russian section of the planned pipeline, Russia's Gazprom announced late on Thursday

Honda, GM Partner for Next Gen. Battery Development

Honda, GM Partner for Next Gen. Battery Development

General Motors Co. and Honda announced Thursday an agreement for new advanced chemistry battery components, including cells and modules for electric vehicles (EVs)

World Crude Oil Production Declines in 2017

World Crude Oil Production Declines in 2017

World crude oil production declined by 701,000 barrel around 0.9 percent in 2017 year-on-year to reach 74.69 million barrel per day (mb/d), marking the first yearly fall since 2009, the Organization of the Petroleum Exporting Countries (OPEC) said on Thursday

Digitalization is Key for Ic Anadolu Plant's Efficiency

Digitalization is Key for Ic Anadolu Plant's Efficiency

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

EU Decarbonization Requires Min. 60% Electrification

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

Iran to Start Uranium Enrichment

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

Global Investors Call On G7 to Scale Up Climate Action

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

US Oil Production Rises 19 Times in 20 Weeks

US Oil Production Rises 19 Times in 20 Weeks

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