English Edition

S. Aramco Nets Extra $3.8 Bln. after Greenshoe Option

Δευ, 13 Ιανουαρίου 2020 - 20:08

State-owned oil company Saudi Aramco gained an additional $3.8 billion from its record initial public offering (IPO) after its greenshoe option that allows the issuing of more shares in the IPO, according to the company's statement on Sunday.

Turkey's Daily Power Consumption up 0.3% on Jan. 8

Πεμ, 9 Ιανουαρίου 2020 - 20:27

Turkey's daily electricity consumption increased by 0.3% to 897,257 megawatt-hours on Wednesday, according to official figures of Turkish Electricity Transmission Corporation (TEIAS) on Thursday.

US Crude Oil Inventories Rise for Week Ending Jan. 3

Πεμ, 9 Ιανουαρίου 2020 - 20:23

The U.S.' crude oil inventories and gasoline stocks increased last week, according to data released by the Energy Information Administration (EIA) on Wednesday.

Turkstream Gas Pipeline Launches in Istanbul

Τετ, 8 Ιανουαρίου 2020 - 20:30

The TurkStream natural gas pipeline was launched Wednesday with an opening ceremony in Istanbul with the attendance of Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin along with high ranking energy ministers from both countries.

Iraqi Oil Facilities Secure: OPEC Secretary General

Τετ, 8 Ιανουαρίου 2020 - 20:28

Iraq's oil facilities are secure and the country's production is continuing, the Organization of Petroleum Exporting Countries' (OPEC) Secretary General Mohammed Barkindo announced on Wednesday.

Oil Prices Exceed Other Commodities in 2019: EIA

Τρι, 7 Ιανουαρίου 2020 - 20:24

Oil prices rose more than the prices of other commodities in 2019, the U.S.' Energy Information Administration (EIA) said in a statement on Monday. The price of Brent crude ended last year over 20% higher compared to the previous year.

Turkish-Russian Presidents to Launch Turkstream on Wed.

Τρι, 7 Ιανουαρίου 2020 - 20:20

The opening ceremony of the TurkStream natural gas pipeline will be held on Wednesday in Istanbul with the attendance of Turkey's President Recep Tayyip Erdogan and Russia's President Vladimir Putin.

DEPA Picks Up the Pace of International Activities. Its Crucial Role in Supporting Greece's Energy Planning

Τρι, 7 Ιανουαρίου 2020 - 15:16

Through its strategic involvement in an array of pipeline and infrastructure projects, DEPA is becoming a key driver of Greece’s geopolitical upgrade and the diversification of supply sources for the wider region of South-East Europe.

Serbia to Turn its Electricity Giant EPS into Joint Stock Company

Δευ, 6 Ιανουαρίου 2020 - 17:21

Citizens may get 15% of Elektroprivreda Srbije or EPS this year as the Government of Serbia plans to change its status from a public company to a joint stock company.

Global Energy Use to Increase 50% by 2050: EIA

Δευ, 6 Ιανουαρίου 2020 - 17:14

Global energy consumption is estimated to grow by nearly 50% between 2018 and 2050, according to the U.S.' Energy Information Administration (EIA). 

Renewables Surpass Coal in US Electricity in April 2019

Παρ, 3 Ιανουαρίου 2020 - 19:38

Monthly electricity generation from renewable sources exceeded coal-fired generation in the U.S. for the first time in April 2019, according to the country's Energy Information Administration (EIA) on Thursday.

Turkey Hits New 2019 Renewable and Hydro Output Records

Παρ, 3 Ιανουαρίου 2020 - 19:29

Turkey has made new annual renewable electricity and hydroelectricity generation records in 2019, according to the General Manager of Limak Holding - Energy Generation Group, Taner Ercomert, on Friday.

Const. of Akkuyu Nuke Plant's 2nd Unit to Begin in 1Q20

Τρι, 31 Δεκεμβρίου 2019 - 17:36

The construction of the second unit of Turkey's Akkuyu nuclear power plant may start in the first quarter of 2020, Russia's atomic energy corporation Rosatom's Director General Alexey Likhachev said on Monday.