English Edition

Türkiye Awards Six Contracts for 800 MW Solar Projects

Τετ, 5 Φεβρουαρίου 2025 - 20:27

Türkiye awarded six contracts on Tuesday under its latest Renewable Resource Areas (YEKA) solar auction with a combined capacity of 800 megawatts, and is expected to generate an investment of approximately $500 million

Equinor Scales Back Renewables Push 7 Years After Ditching ‘Oil’ from Its Name

Τετ, 5 Φεβρουαρίου 2025 - 20:23

The Norwegian state-backed energy group that dropped oil from its name as part of a push into renewables is pivoting back to fossil fuels in the hunt for shareholder returns

OPEC+ Sticks to Oil Policy, Ditches US Government Data

Δευ, 3 Φεβρουαρίου 2025 - 20:28

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's Energy Information Administration from the sources used to monitor its production and adherence to supply pacts

Nigeria Seeks to Boost Daily Oil Output to 2.7 Million Barrels by 2027

Δευ, 3 Φεβρουαρίου 2025 - 20:01

Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 million barrels of crude and condensate by 2027, an adviser to the country’s president said

Debunking Myths About Gas to Europe

Δευ, 3 Φεβρουαρίου 2025 - 14:53

As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas, and, of course, how oil and gas companies make investment decisions and where the most likely markets for our gas are

Advent Technologies 2.0: A New Era of Growth and Innovation

Παρ, 31 Ιανουαρίου 2025 - 15:27

Advent Technologies SA, a Greece based technology company, has entered a new era of growth. Its new board members, Mr. Vasilis Bournas, Mr. Dimosthenis Dimopoulos, and Mr. Konstantinos Ferderigos, bring their strong business experience to Advent

IEA Comes Under Pressure from Former Oil Market Chief to Cut Energy Transition Focus

Παρ, 31 Ιανουαρίου 2025 - 15:24

The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy transition in a report released on Wednesday, and said the IEA should concentrate on oil and gas supplies

Chevron, Engine No. 1 and GE Vernova Team Up to Power US Data Centers

Τετ, 29 Ιανουαρίου 2025 - 20:12

US energy giant Chevron announced on Tuesday its partnership with Engine No. 1 and energy company GE Vernova to form a new company 'to develop scalable, reliable power solutions' for US data centers powered by domestic natural gas

Türkiye’s Solar Capacity Doubles, Beating 2025 Targets: Ember

Τετ, 29 Ιανουαρίου 2025 - 20:07

Türkiye doubled its solar power capacity to over 19 gigawatts in just two and a half years, beating its 2025 target by August 2024, according to a new report on Tuesday

Russia Oil Trade to China, India Stalls as Sanctions Drive Up Shipping Costs

Τρι, 28 Ιανουαρίου 2025 - 19:52

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data

Kosovo Opens 137 Mln Euro Tender to Overhaul Kosovo A TPP Unit

Τρι, 28 Ιανουαρίου 2025 - 19:49

Kosovo’s energy corporation (KEK) said it has opened a pre-qualification tender worth 137.34 million euro ($143.3 million) for the rehabilitation and modernisation of Unit A3 of the Kosovo A thermal power plant (TPP)

Trump’s Return to OPEC Politics Muddies Oil Talks Next Month

Παρ, 24 Ιανουαρίου 2025 - 17:19

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices

Sofia Bourse Puts Elhim Iskra, Toplivo, Synthetica Under Watch

Παρ, 24 Ιανουαρίου 2025 - 17:14

The Bulgarian Stock Exchange (BSE) said it decided to place under surveillance for nine months the stock of car battery manufacturer Elhim Iskra, building materials and fuel retailer Toplivo and diversified group Synthetica for failure to meet its listing requirements