Oil Industry Needs $11 Trillion Invest. Through 2040

Oil Industry Needs $11 Trillion Invest. Through 2040

Oil industry needs almost $11 trillion investment over the period to 2040 in order to meet global supply and demand needs, according to Organization of the Petroleum Exporting Countries' (OPEC) World Oil Outlook 2040 published on Sunday

Scotland's Greenhouse Gas Emissions Lowest in UK: Report

Scotland's Greenhouse Gas Emissions Lowest in UK: Report

Scotland continues to lead the U.K. in reducing its greenhouse gas emissions thanks to electricity generated from renewable sources, according to an independent statutory body report released on Monday

Turkey Develops New Renewables Support Scheme: EBRD

Turkey Develops New Renewables Support Scheme: EBRD

The European Bank for Reconstruction and Development (EBRD) to support Turkey in preparing a new renewable energy support mechanism to back investments after 2020, which is planned to be finalized towards the end of the year, senior banker at European Bank for Reconstruction and Development (EBRD) said Monday

“Solar Power Equipment Market” by Equipment- Report

“Solar Power Equipment Market” by Equipment- Report

The report offers insights on major market segments, top investment pockets, key player positioning, drivers & opportunities, and strategic developments in the industry. According to the report, the global solar power equipment market garnered $76.27 billion in 2017 and is projected to reach $188.3 billion through 2025, growing at a CAGR of 12.5% from 2018 to 2025

OMW Joins Dow Jones Sustainability Index

OMW Joins Dow Jones Sustainability Index

Austrian Oil and gas company OMV joined the Dow Jones Sustainability Index (DJSI World) on Thursday, Sept. 13, the company announced last week

Ronesans Holding Inks Deal for Ceyhan Industrial Zone

Ronesans Holding Inks Deal for Ceyhan Industrial Zone

One of Turkey's largest conglomerates, Ronesans Holding, signed a framework cooperation agreement with the Netherlands-based Port of Rotterdam for the Ceyhan Mega Petrochemical Industrial Zone in Turkey, the company announced on Thursday

Turkey's Akfen Receives $363 Million Loan From 6 Banks

Turkey's Akfen Receives $363 Million Loan From 6 Banks

Turkey's Akfen Renewable Energy signed agreement with six local and international banks on Wednesday for a $363 million loan to construct 327 megawatts of renewable energy capacity in various Turkish cities

Russian Piped LNG is Critical for Europe's Supply Needs

Russian Piped LNG is Critical for Europe's Supply Needs

The European Union's decision on the route and volume of LNG flow through Russia's new pipeline infrastructure, namely the Nord Stream 2 and TurkStream pipelines, remains critical to meeting Europe's requirement for liquefied natural gas (LNG), according to an expert at Wood Mackenzie late on Tuesday

Turkey is Capable of Overcoming Economic Woes: BP Pres.

Turkey is Capable of Overcoming Economic Woes: BP Pres.

The Turkish economy can cope with economic difficulties because of its many geopolitical advantages, BP Turkey President said Tuesday. Mick Stump's remarks came during his speech on Tuesday at a meeting of the Turkish National Committee of the World Energy Council (WEC) at Ankara's Sheraton Hotel

Wärtsilä is in Search of Start-Ups with Power-to-X Technology to Join SparkUp Challenge

Wärtsilä is in Search of Start-Ups with Power-to-X Technology to Join SparkUp Challenge

The technology group Wärtsilä continues its active start-up collaboration by launching the next SparkUp Challenge for start-ups. This time the focus is on the energy field with Power-to-X technologies. The Smart Energy Challenge is based on Wärtsilä Energy Solution’s new vision: ‘Towards a 100% renewable energy future’

US' Oldest Nuclear Power Plant to Retire on Monday: EIA

US' Oldest Nuclear Power Plant to Retire on Monday: EIA

America's oldest commercially operated nuclear power plant, the Oyster Creek Nuclear Generating Station, located 50 miles east of Philadelphia in Forked River, New Jersey, is scheduled to retire on Monday, the Energy Information Administration said

Egypt Inks $1B Exploration Deal With Shell, Petronas

Egypt Inks $1B Exploration Deal With Shell, Petronas

The Egyptian Ministry of Petroleum has signed a deep-water oil and gas exploration agreement with Royal Dutch Shell and Malaysia's Petronas worth around $1 billion to drill eight wells in the country's West Nile Delta region, local media reported

Turkey Needs More Market Space for Renewables Growth

Turkey Needs More Market Space for Renewables Growth

Turkey's unproductive and inefficient power plants need to retire so domestic renewable energy resources can avail of a greater share of the energy market, a senior advisor at U.S.-based Regulatory Assistant Project (RAP) said Friday

Greenhouse Gas Emissions Cuts Possible by 2030: Experts

Greenhouse Gas Emissions Cuts Possible by 2030: Experts

All sectors of the global economy - energy, food and agriculture, industry, construction and transport, have the potential to halve greenhouse gas emissions by around 2030, according to a report released for the launch of the Global Climate Action Summit in San Francisco on Thursday