English Edition

Spot Market Electricity Prices for Friday, Jan. 31

Spot Market Electricity Prices for Friday, Jan. 31

The highest electricity rate for one-megawatt hour in the day-ahead spot market for Friday will be 337.50 Turkish liras at 09.00 and 10.00 local time, and the lowest will be 249 liras at 03.00 local time, according to official figures on Thursday.

Shell Posts Οver 80% Income Decline in 4th Qtr. of 2019

Shell Posts Οver 80% Income Decline in 4th Qtr. of 2019

Royal Dutch Shell posted a decline in net income of more than 80% in the fourth quarter of 2019 from the same quarter of 2018, according to the firm's financial statement released on Thursday.

Turkeys EMRA Predicts 52.02 Bcm Gas Consumption in 20

Turkey's EMRA Predicts 52.02 Bcm Gas Consumption in '20

Turkey's energy watchdog estimates the consumption of 52.02 billion standard cubic meters (bcm) of natural gas in Turkey in 2020, according to an official gazette announcement on Wednesday. EMRA's natural gas consumption estimation was nearly 52.13 bcm for 2019 but the authority has not yet announced the actual consumption.

French Authorities, Ngos Sue Total for Climate Change

French Authorities, Ngos Sue Total for Climate Change

Fourteen local authorities and five NGOs in France have taken national oil giant Total S.A. to court on Tuesday, requesting the firm be ordered to reduce its greenhouse gases emissions.

US to Become Major Energy Supplier for China with Deal

US to Become Major Energy Supplier for China with Deal

The U.S. is expected to become a major energy supplier for China with the phase-one trade deal signed by the two countries, however, there are some hurdles for Beijing to overcome, an expert told Anadolu Agency on Sunday.

Turkey Set to Break 2019 Record in Gold Output in 2020

Turkey Set to Break 2019 Record in Gold Output in 2020

Turkish gold production by the end of 2020 is estimated to surpass the record high level in the history of the Turkish Republic that was made last year, Hasan Yucel, president of Turkish Gold Miners Association told Anadolu Agency on Sunday.

Turkish Wind Sector Starts Skills Transfer to India

Turkish Wind Sector Starts Skills Transfer to India

TPI Turkey, the Turkish branch of U.S.-based independent composite wind blade manufacturer, TPI Composites, will oversee the establishment of the company's new blade factory in India, Gokhan Serdar, TPI Composites Europe, the Middle East and Africa (EMEA) and India Region Vice President, told Anadolu Agency on Wednesday.

Russia Completes First Reactor Cover Welding for Akkuyu

Russia Completes First Reactor Cover Welding for Akkuyu

The welding of the reactor cover for the first unit of Akkuyu Nuclear Power Plant (NPP) has been completed, the reactor's manufacturer Atomenergomash announced on Wednesday.

Energy Info Admin. Forecasts Fall in Oil Prices in 1H20

Energy Info Admin. Forecasts Fall in Oil Prices in 1H20

Crude oil prices are forecast to decline during the first half of 2020 but later increase through 2021, the U.S.' Energy Information Administration (EIA) said in a statement on Wednesday.

Oil, Gas Sec. to Up Energy Transition Investment in 20

Oil, Gas Sec. to Up Energy Transition Investment in '20

More oil and gas companies than ever are taking action to decarbonize, with an anticipated sharp rise to either maintain or increase decarbonization investment from 54% in 2019 to 71% in 2020, according to the DNV GL's new survey published on Tuesday.

Global Oil Supply Falls in Dec. 2019

Global Oil Supply Falls in Dec. 2019

Global oil supply tumbled by 780 thousand barrels per day in December to stand at 100.7 million barrels per day (mb/d), according to the International Energy Agency’s (IEA) report on Thursday. The decrease came from Saudi Arabia's reduced output and a seasonal fall in biofuels production, according to the IEA's monthly oil report.

Turkey Expects 1 Million Electric Cars on Roads by 2030

Turkey Expects 1 Million Electric Cars on Roads by 2030

Over one million electric vehicles are anticipated to be on Turkey's roads by 2030, according to Turkey’s Energy and Natural Resources Minister Fatih Donmez on Thursday. "By 2022 or 2023, we hope to see our own indigenous automobile on the roads," Donmez told Anadolu Agency's Editor's Desk.

Wind, Solar to Generate most New US Power in 2020

Wind, Solar to Generate most New US Power in 2020

Most of the U.S.' new power generating capacity is expected to come from wind and solar in 2020, the country's Energy Information Administration (EIA) said in a statement on Tuesday.

Cypriot Power Company EAC Looking to Rent Land for Solar Parks

Cypriot Power Company EAC Looking to Rent Land for Solar Parks

Individuals and companies, but also municipalities and communities can propose by the end of the year to the Electricity Authority of Cyprus to lease their land for photovoltaic plants. The required size per lot was reduced in the new tender to 30,000 square meters from 65,000.