Russia Produces 1st Reactor Base for Akkuyu Nuke Plant

Russia Produces 1st Reactor Base for Akkuyu Nuke Plant

The pressure vessel base for the Akkuyu nuclear plant's first reactor has been manufactured, the project developer company Russian State Atomic Energy Corporation Rosatom said in a statement on Friday.

Croatian Power Utility HEP Seeking Partners Interested in Development, Sale of Renewable Energy Projects

Croatian Power Utility HEP Seeking Partners Interested in Development, Sale of Renewable Energy Projects

Croatia’s state power utility Hrvatska Elektroprivreda (HEP) is exploring options for the development and construction of renewable energy facilities in Croatia and the integration of completed or highly developed renewables projects into its production portfolio, according to the company’s public invitation for the submission of expressions of interest.

Total SA Income, Revenue Rise Through Record Production

Total SA Income, Revenue Rise Through Record Production

French integrated oil and natural gas giant Total S.A. saw its net income and revenue increase in the fourth quarter of 2018 with production reaching a record high level, according to the firm's financial statement released Thursday.

Exxonmobil, Qatar Petr. to Invest $10B for LNG Exports

Exxonmobil, Qatar Petr. to Invest $10B for LNG Exports

American energy giant ExxonMobil and Qatar Petroleum will invest more than $10 billion to export liquefied natural gas (LNG) from the U.S. state of Texas, the companies announced on Tuesday.

Turkey's Energy Import Bill Up 15.6% in 2018

Turkey's Energy Import Bill Up 15.6% in 2018

Turkey's energy import bill in 2018 increased by nearly 15.6 percent compared to 2017, according to Turkish Statistical Institute's (Turkstat) data on Wednesday.

Rosneft Reports Almost 150% Net Income Rise in 2018

Rosneft Reports Almost 150% Net Income Rise in 2018

Russian Rosneft's net income, attributable to its shareholders, increased by around 150 percent mainly due to favorable global price dynamics, the company reported on Tuesday.

Bulgaria to Build Pipeline to Transport Russian Gas

Bulgaria to Build Pipeline to Transport Russian Gas

Bulgaria successfully completed a third market test to expand the country's gas transit network from Turkey to Serbia for the TurkStream natural gas pipeline, Bulgartransgaz said on Friday.

Turkey's Electricity Import Bill Down 33% in 2018

Turkey's Electricity Import Bill Down 33% in 2018

Turkey's electricity import bill in 2018 decreased by 33 percent compared to the previous year, according to Turkish Statistical Institute's (Turkstat) data Monday.

GE to Consolidate Renewable, Grid Assets

GE to Consolidate Renewable, Grid Assets

GE will intensify its focus on the growing renewables energy market by consolidating all the company's renewable and grid assets into a single, simplified renewable energy business, the company announced on Wednesday.

Turkey's Energy Import Bill up 1.4 Percent in Dec. '18

Turkey's Energy Import Bill up 1.4 Percent in Dec. '18

Turkey's energy import bill increased by 1.4 percent to nearly $3.92 billion in December last year compared to the same month in 2017, according to data released by the Turkish Statistical Institute on Thursday.

2018 is Record Year for US Wind: Wind Energy Assn.

2018 is Record Year for US Wind: Wind Energy Assn.

As the U.S.' demand for renewable energy has been growing, a record amount of wind power was purchased in the country last year, according to a new report released Wednesday by the American Wind Energy Association (AWEA).

Railways to Benefit More for Energy, Environment: IEA

Railways to Benefit More for Energy, Environment: IEA

Railways could provide much greater benefits for energy and the environment, according to a new report, The Future of Rail, by the International Energy Agency (IEA) prepared in cooperation with the International Union of Railways (UIC) and released on Wednesday.