English Edition

Global Emissions Flatline in 2019 and Defy Expectations

Τρι, 11 Φεβρουαρίου 2020 - 20:09

Global energy-related carbon dioxide emissions remained unchanged at 33 gigatons in 2019 despite widespread expectations of another increase, according to the International Energy Agency (IEA) data released Tuesday.

Energy expert Ilian Vasilev: Maritsa East – 2 TPP has a future

Τρι, 11 Φεβρουαρίου 2020 - 20:05

First, because the only measure of evaluation is the forecast for the energy price not only in the immediate but also in the medium term. What exactly will happen when this ME-2 TPP is closed in this abrupt way and especially do they correctly diagnose the problem.

Renewable Energy Accounted for 21% of the Total Energy Used for Heating and Cooling in the EU

Τρι, 11 Φεβρουαρίου 2020 - 20:03

In 2018, renewable energy accounted for 21% of the total energy used for heating and cooling in the European Union (EU). This share has increased steadily since the beginning of the data collection in 2004, when the share was 12%. Increases in industry, services and households have all contributed to the growth in renewable energy used for heating and cooling.

POSIDONIA 2020: On Track to be the Biggest Ever-Environmental Policies and their Impact in the Spotlight

Τρι, 11 Φεβρουαρίου 2020 - 11:43

The 2020 Posidonia exhibition is on track to set new records in exhibitor numbers and floor space for its upcoming edition this summer, as the world’s most prestigious exhibition in the biennial maritime calendar is entering its sixth consecutive decade of continuous service to the ocean-going Greek shipping community and the international maritime industry.

Equinor's Profit Slightly Falls due to Low Prices in '19

Πεμ, 6 Φεβρουαρίου 2020 - 20:26

Norway's Equinor's adjusted earnings after tax decreased by 26% to $4.92 billion in 2019, compared to $6.69 billion in 2018, the company announced on Thursday. The company's net operating income also decreased by 54% to $9.23 billion last year, compared to $20.14 in 2018.

Qatari LNG Vessel Arrives in Turkey

Πεμ, 6 Φεβρουαρίου 2020 - 20:22

Qatari energy company Nakilat Gas Transport's LNG carrier Al Rekayyat arrived in Turkey on Thursday, February 6, according to ship tracking data on Thursday.

Conocophillips Net Income, Revenue Down in 4Q19

Πεμ, 6 Φεβρουαρίου 2020 - 20:20

American energy company ConocoPhillips saw both its net income and revenue decline in the fourth quarter of 2019, compared to the same period of a year ago. The firm posted a net income of $0.7 billion in the October-December period of last year, according to its financial results statement released on Tuesday.

Is Turkey's Gamble in the East Mediterranean a Risk Worth Taking?

Τετ, 5 Φεβρουαρίου 2020 - 16:46

Looking back at 2019 this will no doubt be remembered as the year that Turkey upped the ante in the deep waters of the East Mediterranean by adopting and promoting a highly provocative, if not belligerent, stand. In what appears to be a well thought out plan Ankara has very consistently over the years pegged its claims for hydrocarbon exploration in large swaths of the sea areas offshore Cyprus, Greece and lately Libya.

BP Increases Hydrocarbon Production in 4Q19

Τρι, 4 Φεβρουαρίου 2020 - 20:43

British energy giant BP increased its hydrocarbon production in the fourth quarter of 2019 and year-over-year, but profits fell during the same periods, according ot its financial results statement released on Tuesday.

Novotel Sofia and ibis Sofia Commit to Elimination of Single-Use Plastics by 2022

Τρι, 4 Φεβρουαρίου 2020 - 20:41

The leading hotel group Accor announced its commitment to join the UN Global Tourism Plastics Initiative and to remove all single-use plastic items in guest experience from its hotels by the end of 2022.

Algerian LNG Carrier Arrives in Turkey

Δευ, 3 Φεβρουαρίου 2020 - 20:00

Algerian energy company Hyproc SC's LNG carrier Ramdane Abane arrived in Turkey on Sunday, Feb. 2, according to ship tracking data on Monday.

UAE Finds 2.3 Trillion Cubic Meters of New Gas Reserve

Δευ, 3 Φεβρουαρίου 2020 - 19:57

The United Arab Emirates (UAE) has found a major natural gas reserve in the region between Saih Al Sidra in Abu Dhabi and Jebel Ali in Dubai, according to a statement by the country's vice president and prime minister on Monday.

Spot Market Electricity Prices for Friday, Jan. 31

Πεμ, 30 Ιανουαρίου 2020 - 20:17

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

Πεμ, 30 Ιανουαρίου 2020 - 20:08

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.

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

Τετ, 29 Ιανουαρίου 2020 - 20:23

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

Τετ, 29 Ιανουαρίου 2020 - 20:17

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.