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Norway's Sovereign Fund Invests Over $800M in Turkey

Τετ, 4 Μαρτίου 2020 - 20:25

Norway’s oil fund, the world's largest sovereign wealth fund, bought shares in six Turkish energy companies with investments totaling around $117 million up to the end of 2019, according to official figures from Norway’s Norges Bank Investment Management.

Natural Gas Consumption in US Sets New Record in 2019

Τετ, 4 Μαρτίου 2020 - 20:22

Natural gas consumption in the U.S. reached a record high level of 85 billion cubic feet (2.41 billion cubic meters) per day marking a year-on-year increase of 3% in 2019, the country's Energy Information Administration (EIA) said on Tuesday.

Reuters: Bulgaria Agrees Deal to Cut Price of Russian Gas Imports by 40%

Τετ, 4 Μαρτίου 2020 - 20:17

Bulgaria has agreed a 40% cut in the price ofgas it imports under its long-term contract with Russia, its dominant gas supplier, Prime Minister Boyko Borissov said on Tuesday, Reuters reported. 

US Crude Output Grows 11% in 2019: Energy Info. Admin.

Τρι, 3 Μαρτίου 2020 - 20:21

The U.S.' crude oil production grew 11% in 2019, surpassing 12 million barrels per day (bpd) for the first time in its history, the country's Energy Information Administration (EIA) said in a statement on Monday.

Nordex Receives Order for 120 MW Wind Farm in Turkey

Τρι, 3 Μαρτίου 2020 - 20:19

The German wind turbine manufacturer, Nordex Group, has received an order from Turkey to supply wind turbines for the 120-megawatt (MW) Evrencik Wind Farm located in the eastern Thrace region, the company announced Tuesday.

Minister of Energy Temenuzhka Petkova: Bulgaria is Integral Part of the Southern Gas Corridor

Τρι, 3 Μαρτίου 2020 - 20:17

Our country is an integral part of the Southern Gas Corridor through the Greece-Bulgaria gas interconnector.

Rystad Revises down Oil Price Forecast amid Coronavirus

Παρ, 28 Φεβρουαρίου 2020 - 20:05

Rystad Energy has revised down its oil price forecast for 2020 on Thursday amid coronavirus worries that have triggered low global oil demand.

Turkey's Energy Import Bill up 6.1% in January 2020

Παρ, 28 Φεβρουαρίου 2020 - 20:01

Turkey's energy import bill increased by 6.1% to $4.10 billion in January this year compared to the same month of 2019, according to data released by the Turkish Statistical Institute on Friday.

US: Wind Tops Hydro in Renewable Electricity Sources

Πεμ, 27 Φεβρουαρίου 2020 - 20:10

Wind has surpassed hydro as the most-used source of renewable electricity in the U.S. last year, according to the country's Energy Information Administration (EIA) on Wednesday.

Turkey's 3rd Drillship from UK Expected on March 17

Πεμ, 27 Φεβρουαρίου 2020 - 20:08

Turkey's third drillship, acquired from the U.K, is expected to arrive at its final destination in Turkey on March 17, according to ship-tracking data on Thursday.

Turkey's Natural Gas Imports Down 10% in December 2019

Πεμ, 27 Φεβρουαρίου 2020 - 20:06

Turkey's natural gas imports decreased by around 10.51% in December 2019 compared to the same month of 2018, according to Turkish energy watchdog's data on Wednesday.

BNR: Russian Company to Build Part of the TurkStream Pipeline in Bulgaria

Πεμ, 27 Φεβρουαρίου 2020 - 01:59

A BGNES correspondent in Belgrade has reported that Serbian-registered Russian company IDC (Infrastructure Development and Construction), which was the main contractor for the construction of the TurkStream pipeline through Serbia, would be subcontracting more than 100 kilometers of the Bulgarian section of the pipeline, BNR reported

Temenuzhka Petkova: Bulgaria will Continue to Rely on its Coal Plants

Πεμ, 27 Φεβρουαρίου 2020 - 01:56

Bulgaria does not give up its coal plants, Energy Minister Temenuzhka Petkova said on February 24 after a meeting with the trade unions, which discussed the conditions under which the country would accept the so-called “Green Deal” of the European Commission for a carbon-free economy.