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      Iran-EU tensions reach fever pitch over nuclear program

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      Turkey's daily power consumption up 18.76% on Jan. 4

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      Highlights of Turkish energy market in 2020

      Highlights of Turkish energy market in 2020

      2021 global coal demand to grow 2.6% after record drop

      2021 global coal demand to grow 2.6% after record drop

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      Eni announces oil discovery in Western Desert of Egypt

      Eni announces oil discovery in Western Desert of Egypt

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      US produces, consumes record high natural gas in 2019

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      3rd Turkish drillship leaves Mersin bound for Black Sea

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Dialogue, de-escalation in E.Med benefit everyone: NATO

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      Turkey’s giant gas find worth $80 billion: IEA Head

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      US' gas-fired electricity generation rises 9% in 1H20

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      Oil prices flat with 0.04% rise in week ending August 14

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      ExxonMobil makes first discovery offshore Suriname

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      Lundin upgrades Edvard Grieg field reserve estimates

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      Norway's Equinor discovers oil and gas in North Sea

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      Iran moves from oil to petrochemicals in export

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      US crude oil stocks rise against market expectation

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      Venezuela condemns US policy of seizing fuel shipments

      Battery patents grow by 14% in 13 years: Study

      Battery patents grow by 14% in 13 years: Study

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      Turkish start-up to produce lithium-ion battery cathode

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      US jet fuel demand falls by 29% in Jan-May 2020

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      Equinor chosen for largest-ever US offshore wind award

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      New Mexico to have largest wind installation in region

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      Wind, water produce most of EU renewable power in 2019

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      2020 sees big developments in Baltic Sea offshore wind

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      Turkey expects to add 1,500 MW of solar power this year

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      Wind, water produce most of EU renewable power in 2019

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      Turkey to open mini solar tenders in 2 months

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      Esenboga Elektrik pays in full for 11 solar power plants

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      Wind, water produce most of EU renewable power in 2019

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      Hydro produces 92.8% of Norway's power in October

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      Hydro produces 91.2% of Norway's power in Sept.

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      Turkey in top 4 countries with geothermal capacity

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      Biomass can meet one-third of Turkey's annual power

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      EU approves €550M Danish aid to support biomass plants

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      ESCAP, IRENA to cooperate for sustainable solutions

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      Turkey launches trade center in Chicago

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      Turkey's new lithium prod. plant to save $20M imports

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      1st Turkish car's battery to be made indigenously : CEO

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      Turkey allocates $18.5B for 2021 investments

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      Venezuela open to foreign investment in oil sector

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      Turkey's gold production set to break records in 2021

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      Emerging markets attract $313B in 2020: IIF

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      Fitch reduces oil price forecast due to higher supply

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      S. Arabia, Iraq discuss efforts to stabilize oil market

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      US crude oil inventories fall for week ending Aug. 14

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      Turkey's daily power consumption up 3.28% on Sept. 8

      Sudan: Flashpoint Ethiopian dam not related to floods

      Sudan: Flashpoint Ethiopian dam not related to floods

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      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

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      Gazprom posts 26% loss in 1H20

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      Trump scraps Obama methane limits in oil, gas sectors

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      Denmark leads zero-emission urban buses in Europe

      Equinor chosen for largest-ever US offshore wind award

      Equinor chosen for largest-ever US offshore wind award

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      US renewable energy installation set to grow in 2021

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      Good infrastructure, incentives key for Turkish EV sales

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      Turkish fund Oyak to buy Demiroren's auto fuel ops.

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      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

      Equinor inks agreement for LPG storage in Malaysia

      Equinor inks agreement for LPG storage in Malaysia

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      Baghdad to pump oil to Beirut in 2021

      Baghdad to pump oil to Beirut in 2021

      Turkey, Azerbaijan, Pakistan issue joint declaration

      Turkey, Azerbaijan, Pakistan issue joint declaration

      Qatargas delivers first commercial LNG to Philippines

      Qatargas delivers first commercial LNG to Philippines

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      How aftermath of Gulf crisis will shape energy trade

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      Baghdad to pump oil to Beirut in 2021

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      Qatargas delivers first commercial LNG to Philippines

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      How aftermath of Gulf crisis will shape energy trade

      TurkStream celebrates first anniversary of its launch

      TurkStream celebrates first anniversary of its launch

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      Oil supplies via BTC p/line buoyant despite lockdowns

      Oil supplies via BTC p/line buoyant despite lockdowns

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      Oil up on US inventory fall, UK vaccine approval

      Global environment developments across world in 2020

      Global environment developments across world in 2020

      Global oil demand to increase 6.2% in 2021: IEA

      Global oil demand to increase 6.2% in 2021: IEA

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      Baghdad to pump oil to Beirut in 2021

      Baghdad to pump oil to Beirut in 2021

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      Qatargas delivers first commercial LNG to Philippines

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      How aftermath of Gulf crisis will shape energy trade

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      Good infrastructure, incentives key for Turkish EV sales

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      Spot market electricity prices for Tuesday, Jan. 19

      Spot market electricity prices for Tuesday, Jan. 19

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      Spot market natural gas prices for Sunday, Jan. 17

      Turkey wraps up Turkali-1 drilling at Sakarya gas field

      Turkey wraps up Turkali-1 drilling at Sakarya gas field

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      Turkey expects to add 1,500 MW of solar power this year

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      Oil prices down on concerns over COVID-19 vaccines

      Oil prices down on concerns over COVID-19 vaccines

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      Iran-EU tensions reach fever pitch over nuclear program

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      Brent oil price down 0.52% for week ending Jan. 15

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      Oil prices down as virus cases on rise in China

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      Russia's gas revenue down 41.8% between Jan-Nov 2020

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      Oil prices down on concerns over COVID-19 vaccines

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      Brent oil price down 0.52% for week ending Jan. 15

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      Oil prices down as virus cases on rise in China

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      Brent oil price down 0.52% for week ending Jan. 15

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      Oil prices down as virus cases on rise in China

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      US adds two Chinese companies to black list

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      Oil prices down on concerns over COVID-19 vaccines

      Venezuela denounces US court ruling over Citgo

      Venezuela denounces US court ruling over Citgo

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      Iran-EU tensions reach fever pitch over nuclear program

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      Brent oil price down 0.52% for week ending Jan. 15

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      Oil prices down on concerns over COVID-19 vaccines

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      Iran-EU tensions reach fever pitch over nuclear program

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      Brent oil price down 0.52% for week ending Jan. 15

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Climate change increases risk of bushfires in Australia

- Human-caused climate change increases chance of extreme weather and fires by at least 30% in Australia: climate study

home > Americas 05.03.2020 11:35

Climate change increases risk of bushfires in Australia

If global temperatures rise by 2 degrees Celsius, weather conditions experienced in 2019-2020 would be at least four times more common as a result of human-caused climate change, a World Weather Attribution (WWA) study conducted by climate scientists published Wednesday shows.

The study Attribution of the Australian Bush Fire Risk to Anthropogenic Climate Change reports that current international plans for emission reductions would lead to warming that substantially exceeds the level of 2 degrees Celsius.

The report found that human-caused climate change contributed to weather conditions of the unprecedented 2019/20 bushfires in southeastern Australia.

It also deduced that climate change increased the chances of Australia experiencing extreme fire weather by at least 30%. However, it said the real increase could be much higher as the trend in extreme heat is one of the main factors behind this increase given the criteria used underestimates the observed trend in heat.

"We found that climate models struggle to reproduce these extreme events and their trends realistically. However, they always underestimate the increase in chances for extreme fire risks such as Australia saw in the last few months," said one of the authors of the study, Geert Jan van Oldenborgh from the Royal Netherlands Meteorological Institute.

Van Oldenborgh explained that as a result, the effect would likely be larger than a 30% increase, a rate that would have a significant influence on global warming.

Annual dry extremes have become somewhat more common in the observed record in southeastern Australia, with 2019 the driest year since 1900, although the trend is within the range expected from natural weather fluctuations, the study showed.

"Climate change is now part of Australia’s landscape. Extreme heat is clearly influenced by human-caused climate change, which can influence fire conditions," another author of the study, Sophie Lewis from the University of New South Wales, said.

"There is evidence that Australian fire seasons have lengthened and become more intense, and extreme temperatures have played a role in this," she added.

By Firdevs Yuksel

Anadolu Agency

energy@aa.com.tr


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-Further fueling weak demand fears, US crude oil inventories are forecast to rise by 2.7 million barrels, API figures show
24.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

ConocoPhillips announces oil discovery in Norwegian Sea

- Size of discovery is between 75 million and 200 million barrels of recoverable oil equivalent
22.12.2020 Oil , Europe , Americas , General

Oil prices down as mutant virus spurs demand fears

- Rising value of dollar also exerts downward pressure on oil prices which are indexed to US dollar
22.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Revenues of oil giants decline 35.8% in 3Q20

- Royal Dutch Shell records highest year-over-year decline in revenue
22.12.2020 Oil , News from companies , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over new COVID strain in UK

- Concerns that measures against mutant coronavirus will tighten further slow oil demand rebound, pushing prices down
22.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count rises by 5 for week ending Dec. 18

- Oil rigs increase by 5 to 263, from 258 the previous week
20.12.2020 Oil , Americas , General

Brent oil price up 1.68% for week ending Dec. 18

- Vaccine campaigns in UK, Canada and US support prices while negative 2021 outlook exerts downward price pressure
19.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over weak demand fears

- Many European countries impose either strict restrictions, night curfews or lockdowns, fueling investor oil demand concerns
18.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US initial jobless claims rise more than expectation

- Dollar index continues to lose value; low interest rates and borrowing costs lead investors to precious metals
18.12.2020 World , Americas

US, Greece agree to enhance cooperation on energy

- US energy secretary meets Greek premier to discuss energy investment
18.12.2020 World , Europe , Americas

Oil prices reach 9-month high over US stocks drop

- US commercial crude oil inventories rise by 3.1 million barrels relative to market expectation of 3.5 million-barrel fall
18.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending Dec. 11

- Commercial crude oil stocks decreased by 3.1 million barrels against market expectation of 3.5-million barrel fall
18.12.2020 Oil , World , Americas

US sanctions 4 entities over Iran's petrochemical sale

- Treasury Dept. blacklists companies for 'facilitating export of Iranian petrochemical products'
17.12.2020 Oil , Americas , Middle East-Africa

Global oil demand to increase 6.2% in 2021: IEA

- As mass vaccination will take several months, impact on oil demand will not be soon, IEA says
16.12.2020 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices drop slightly over lingering demand fears

- Tightening restrictions and renewed lockdowns in Europe reignite demand fears that were simmered down over vaccine rollouts
16.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Global oil demand to increase 6.6% in 2021: OPEC

- Transportation and industrial sectors are projected to lead oil demand growth in 2021, says OPEC
16.12.2020 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US LNG vessel to arrive in Turkey on December 26

- Vessel is sailing under flag of Bermuda
15.12.2020 Lng/Lpg , Turkey , Americas , General

Brent oil price up 1.81% for week ending Dec. 11

- Imminent vaccine releases in UK, Canada and US contribute towards positive market outlook during week
12.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Vestas wins 125-megawatt order in US

- Turbine delivery is scheduled for third quarter of 2021
12.12.2020 Wind , Europe , Americas , General

Brent oil over $50 on vaccine optimism

-Massive build in US crude oil inventories is limiting upward price pressure
11.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Orsted, Amazon sign offshore wind power purchase deal

- 'We applaud Amazon's leadership in corporate renewable energy investments,' says Orsted official
11.12.2020 Europe , Americas , General

US crude oil stocks show strong rise for w/e Dec. 4

- Commercial crude oil stocks increase by 15.2 million barrels against market expectation of 1.5-million barrel fall
11.12.2020 Oil , World , Americas

Oil prices up over bullish sentiment on vaccines

-Large build in US crude oil inventories block further rise amid ongoing weak global demand
11.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US energy agency revises up oil price forecast

- Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
10.12.2020 Oil , International Organization , World , Americas

Oil prices to remain at $40-50 range in 1Q21: experts

-OPEC+ decision of gradually raising output will help solidify oil price bottom, says Bob McNally, president of RapidanEnergy
10.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over rise in US stocks

- Positive news about coronavirus vaccine as UK starts first vaccine shots caps further falls
09.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Fuming at defeat, Trump calls US 'third world nation'

- 'It's a disgrace to our country. It's like a third world country,' says US president
08.12.2020 Energy Diplomacy , Americas

Oil prices down due to COVID-19 containment measures

- Fresh lockdowns fuel concerns over immediate global economic and oil demand recovery
09.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down amid fresh coronavirus restrictions

-Boosting global demand concerns, US, Germany, Iran, South Korea impose new lockdowns, restrictions to fight pandemic
08.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Venezuela, Turkey relations peaked after coup attempt

- Caracas always had ‘good relations’ with Ankara; Maduro one of first to condemn coup attempt by FETO, said Jorge Arreaza.
07.12.2020 Energy Security , Turkey , Americas , General

US oil rig count rises by 5 for week ending Dec. 4

- US sees drop of 417 oil rigs from one year ago
06.12.2020 Oil , Americas

Oil up as OPEC+ agrees on higher output next year

- Group agrees incremental rise of 500,000 bpd from January, then will hold monthly meetings to decide on next month's output
04.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ agrees on incremental oil output increase

- Oil producing states to add 500,000 barrels per day in January, and to meet monthly to decide following month’s increase
05.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down amid OPEC+ output cut uncertainty

- Further contributing to downward price trend, US crude inventories fall less than expected by over 700,000 barrels per day
03.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending Nov. 27

- Commercial crude oil stocks decrease by 700,000 barrels against market expectation of 2.3-million barrel fall
03.12.2020 Oil , World , Americas

Oil prices down as OPEC+ delays talks, US oil stocks rise

- US crude oil inventories are forecast to rise by 4.2 million barrels for week ending Nov. 27, according to API figures
03.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US, Saudi firms to form joint venture in MENA region

-Saudi Aramco, Baker Hughes will each own 50% share to manufacture non-metallic, composite materials, says Turkish Competition watchdog
03.12.2020 News from companies , World , Turkey , Americas , Middle East-Africa

Oil prices fall due to uncertainty ahead of OPEC+ meet

- Investors are cautious before key two-day OPEC+ meeting although rising hope for COVID-19 vaccine caps further price declines
01.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ likely to extend production cut at least 3 months

- Group is expected to keep current output levels in 1Q21 in upcoming ministerial meeting on Nov. 30 and Dec.1
02.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count rises by 10 for week ending Nov. 27

- US sees drop of 427 oil rigs from one year ago
29.11.2020 Oil , Finance , Americas

ExxonMobil plans reduction of staffing levels in Canada

-Company will slash up to 300 jobs in Canada including Imperial Oil Limited, ExxonMobil Canada and ExxonMobil Business Centre Canada
27.11.2020 Oil , News from companies , World , Americas

Oil prices up over surprise decrease in US stocks

- Positive COVID-19 vaccine news continue to push oil prices up
27.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending Nov. 20

- Commercial crude oil stocks decrease by 800,000 barrels against market expectation of 333,000 barrel fall
28.11.2020 Oil , World , Americas

Oil prices leap higher on vaccine hopes, US transition

- Terror attack at a petroleum products distribution station in Saudi Arabia also adds to price hikes
26.11.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa
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