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Eni, Synhelion team up to produce low emission fuel
- Project will cut over 50% of emissions released in conventional methanol production
Global oil supply falls in May 2019
- OPEC crude oil production decreases by 236,000 barrels per day to 29.88 million barrels per day
Global offshore wind market to grow to €11B by 2028
- Turbine operation and maintenance costs biggest portion of around 60% of offshore wind operational expenses costs
World's first electrothermal storage plant starts ops.
- New storage technology enables cost-effective storage of large quantities of energy
Global smart meters market set to reach $7.06bn in 2023
- Despite decline in installations, China will continue to be largest market
Global primary energy consumption grew by 2.9% in 2018
- Global primary energy consumption grew rapidly in 2018, led by natural gas and renewables
Oil rig count in US falls by 11 this week
- Number of US oil rigs reaches 789
Global gas consumption up with more US, China demand
- Natural gas demand grew 4.6%, its fastest annual pace since 2010, according to International Energy Agency's latest report
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US oil output at record level
- Crude oil production rebounds to all-time high of 12.4 million barrels per day
Oil prices see decrease at week beginning June 3
- Oil prices experience losses due to US announcement of country's high level of oil production
Number of US oil rigs falls by 2 to 805
- After decrease in weekly oil rig count, crude prices rise on Friday
Amsterdam opens largest public smart charging network
- Flexpower Amsterdam is a smart network of charging stations that enables faster charging of electric cars
Morocco pursues phasing out fossil fuel consumption
- Morocco' ambitious energy transition will require scaling up of private, public investments by 2030
Solar energy to power humanitarian hub in South Sudan
- Around 1,900 solar panels capable of generating up to 700-kilowatts of power will help people in Malakal, South Sudan
US awards $5.5 million for geothermal machine learning
- Machine learning could lead to higher success rates in exploratory drilling and greater efficiency in plant operations
Oil prices see small decrease at week beginning May 6
- Oil prices experience losses due to US announcement of tariff increases on Chinese goods
Siemens Gamesa receives order for 43 turbines in Canada
- The order includes 43 SG 4.5-145 turbines with a flexible rating of up to 4.8 megawatts
Europe invests €27 billion in new wind farms in 2018
- Onshore wind of around 12.5 gigawatts bagged majority of announced investments last year for future new capacity
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Ireland should decarbonize its energy sector, says IEA
-The power sector, out of which 65% comes from wind and solar, leads the way in efforts to decarbonize Irish energy sector
Vattenfall, SG to install powerful turbines in N. Sea
-Vattenfall and Siemens Gamesa are joining forces to deploy a total of 76, 10 MW offshore wind turbines in the North Sea
Brent oil up to $71.49 at week beginning April 15
-Crude prices show slight fall at beginning of week with low global oil demand
Brent oil up to $71.73 for week ending April 12
-Crude prices are on the rise since the beginning of 2019 as overall oil supply tightens with ongoing sanctions and OPEC cuts
Siemens G. to supply Denmark's Thorup-Sletten wind farm
- Siemens Gamesa will supply 18 wind turbines for the 77-megawatt Thorup-Sletten project in Denmark
Vattenfall to launch pilot storage project in Berlin
- Pilot Reuter thermal power plant in Berlin will test storage of renewable energy in salt
Global crude output falls in March '19
- OPEC crude oil output tumbled by 550,000 b/d in March with losses in Venezuela, and with lower Saudi Arabian, Iraqi output
Global oil supply falls in March 2019
- OPEC crude oil production decreases by 534 thousand barrels per day to average 30.02 million barrels per day, data shows
Global energy storage market to grow 13 fold by 2024
- Wood Mackenzie estimates that energy storage will become a key technology in electricity grid system
Saudi Arabia to install more solar, wind energy by 2028
-Developers in Saudi Arabia will build 6.2 GW of wind capacity between 2019-2028, and 53 GW of PV capacity through 2024
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Anadolu Agency launches energy journalism training
- Twenty reporters from Middle East, South America, Eurasia and North Africa will participate in two-week-long program
Global Wind Energy Council sees steady growth up to 2023
- GWEC Market Intelligence expects new installations for onshore and offshore of more than 55 GW each year until 2023
Global energy demand hits fastest pace this decade: IEA
- Stronger heating/cooling demand leads to greater energy growth worldwide, International Energy agency report says
Russia's Novovoronezh NPP II unit 2 reaches final stage
- Unit No. 2 at Novovoronezh Nuclear Power Plant II, equipped with the VVER-1200 reactor, is brought to minimum control power
Geopolitical shifts play key role in energy transition
- World Economic Forum report highlights major energy events in 2018
Brent falls to $66.44 on US recession fears on Mar. 25
- Brent crude traded $66.44 at 0712GMT on Monday, and WTI registered as $58.67 at the same time
US oil stocks fall, production up for w/e March 15
- Crude production increases by 100 thousand barrels while inventories fall by 9.6 million barrels
Senvion installs tallest wind turbines in France
- Senvion installs wind turbines with a tip height of 200 meters at Les Landes wind farm for BayWa r.e. company
18.03.2019
General
Number of US oil rigs falls by 1 to 833 w/e Mar. 15
- Despite slight drop in weekly oil rig count, oil prices fell on Friday
Brent sees rise to $67.23 at week beginning March 18
- Losses in Venezuela and lower Saudi Arabian and Iraqi output brought OPEC's production in February to lowest in four years
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Eni makes new gas discovery in offshore Egypt
- Thirty three meters of gross sandstone pay with good petrophysical properties found in Nour-1 well
Global oil supply falls in Feb. '19
- OPEC crude oil production decreases by 221 thousand barrels per day to average 30.55 million barrels per day, data shows
Venezuela extends public holiday over power outage
- All educational institutions, government, private offices, factories, shopping malls will remain closed Tuesday
Eni signs 'Mind the Bridge' partnership with Europe
- Eni signs up to Startup Europe Partnership (SEP) platform to help best startups emerge from local ecosystems and scale-up
Kalyon Energy CEO elected as Turkish Wind Energy head
-Turkey Wind Energy Association selects new board at its 12th General Assembly in Ankara
Brent sees slight rise to $66.27 on Monday, Mar. 11
- Increase due to fall in number of US oil rigs
Eni, COREPLA to produce hydrogen from plastic waste
- With the agreement, Plasmix, a collective name for different plastics, will be recycled and turned into new raw material
Brent sees slight fall to $65.08 at week ending Mar. 8
- Crude oil prices show slight fall on Friday with lower Eurozone growth estimates and declines in Chinese exports
Power outage leaves much of Venezuela in dark
- Electrical outage affects approximately 22 out of total 23 states leaving much of Venezuela without power
Eni signs 3-yr. educational alliance with Italy's LUISS
- Agreement involves three collaborative programs in geopolitical training, orientation and analysis
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Spain’s airport operator launches solar energy project
- Spanish airport operator, Aena will invest €250 million in renewable energy to save energy and cut carbon emissions
WindEurope elects Vattenfall chief as new chairman
- WindEurope’s Board of Directors elects Gunnar Groebler of Vattenfall as the association’s new chair
EU plastic package recycling near doubles in 2005-2016
- Despite high recycling rates, only 12 percent on average of material resources in EU in 2016 came from recycled products
Global electricity investment surpasses $500M in 2018
- Nearly $1.7 billion in cumulative disclosed investment was deployed into energy access markets up to the end of 2018
Brent increases to over $65 at week beginning March. 4
- Crude oil prices finished higher for week ending March 1 with OPEC's determination to continue cutting production
Turkey's power generation falls 0.44% in Dec. 2018
- Installed electricity capacity increases 2.06 percent compared to December 2017
Vattenfall to participate in Dutch offshore wind tender
- Vattenfall agrees to participate in 750 MW offshore tender for Hollandse Kust Zuid, in Dutch North Sea
Eni begins construction of PV plant in Sardinia
- Italian oil & gas giant continues energy transition target by creating a new photovoltaic plant in Sardinia
Brent decreases to $67 at week beginning Feb. 25
- U.S.' record-high crude oil production puts downward pressure on crude prices
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Turkey prevails in top 10 Europe wind energy power list
- Turkey added 467 megawatts in 2018 to reach 7,369 MW of installed wind capacity
Pump room fire in Venezuela risks oil supply disruption
- Venezuelan oil firm PDVSA says incident was caused by "action of sabotage perpetrated by the opposition right"
Brent hits 2019 high at $66.48 on Monday, Feb. 18
- Brent oil price boost due to OPEC+ supply cuts and higher-than-expected output cuts from Saudi Arabia
AA energy desk to host Turkey's Wind Energy Assoc. head
- Turkish wind energy sector developments, regulations, and future plans will be up for discussion
Renewables to replace coal by 2040, BP report says
- Outlook for renewables is underpinned by continuing gains in technology
Brent increases to $64 at week ending Feb. 15
- Brent oil hits $65 to reach highest in 2019 due to OPEC+ supply cuts and higher-than-expected output cuts from Saudi Arabia
Eni granted two exploration blocks onshore Egypt
- Eni is granted blocks totaling 4,548 square kilometers onshore Egypt
Oil still has major global energy role up to 2040: BP
- However, significant levels of investment are required for sufficient supplies of oil to meet demand in 2040
Offshore wind may be key to Japan's falling nuke power
- Japan aims for 4 GW offshore wind power to replace power void from 2011’s Fukushima Daiichi nuke disaster: Wood MacKenzie
Venezuela's opp. congress appoints oil firms' boards
- Venezuelan opposition congress appoints temporary board members for state-oil companies PDVSA and its US subsidiary Citgo
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Egypt awards largest oil, gas exploration tenders
- Top global oil & natural gas companies were among winners in one of Egypt’s largest ever oil and gas exploration tenders
Crude output falls in January '19
- Global oil supply falls by 1.4 million barrels per day in January 2019, led by OPEC's Vienna deal
Global oil supply falls in Jan. '19: OPEC
- OPEC crude oil production decreased by 797 thousand barrel per day to average 31.58 million barrel per day, data shows
Share of renewable energy in EU' mix 17.5% in '17
- Eleven member states achieve their 2020 targets in 2017, according to Eurostat data
Turkey's wind energy sector grows 7.24 percent in 2018
- Sector increases total installed wind capacity to 7.36 gigawatts in 2018
Gas production to lower Turkey's CA deficit by TL 5 B
- Turkish Petroleum's Bati Celtik-1 and Bati Degirmenkoy 4-5 fields have an annual production capacity of 300 million cubic meters
Africa, Middle East onshore wind boosts by 45% in 2018
- Installed wind capacity in Africa & Middle East totals 5.7 gigawatts at end of 2018: Global Wind Energy Council data shows
Brent decreases to $61.88 at week beginning Feb. 11
- Number of oil rigs in US increased by 7 from previous week to 854 for week ending Feb. 8
Brent trades above $61 at week ending Feb. 8
- OPEC and Russia's oil production cuts and US sanctions on Venezuela prevent oil prices from dropping further
Energy use in 2017 shows EU is off efficiency target
- In 2017, energy consumption in the European Union continued to increase for third consecutive year, Eurostat said
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European offshore wind sees 18% rise in 2018 capacity
- Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 gigawatts, WindEurope says
Eni to enter Australian renewable energy market
-Eni Australia Limited finalizes acquisition of 33.7-megawatt solar project in Northern Territory
Brent prevails above $62 at week beginning Feb. 4
- Crude price rebounds after fall in number of U.S. oil rigs
Brent hovers above $61 mark at week ending Jan. 18
- Crude prices fluctuates after release of weaker Chinese trade data and with increase in U.S. crude oil production
US crude stocks fall, but output remains at record high
- Crude oil stocks in US fell by 2.7 million barrels for week ending Jan. 11
Siemens G. launches its largest offshore wind turbine
- Siemens Gamesa launches company's first 10 megawatt+ new offshore wind turbine prototype with installation set for 2019
Curb on steel imports could hinder EU's renewable aims
- EU countries will discuss European Commission proposal on protective measures for steel imports to EU
Clean energy: most competitive source in Gulf countries
- Gulf Cooperation Council countries will install 7 GW of power generation capacity from renewable sources by the early 2020s
Siemens Gamesa runs Spain's first green transaction
- Siemens Gamesa converted €900 million deal arranged with Banco Bilbao Vizcaya Argentaria into 'green' transaction
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Abu Dhabi Fund for Dev. backs $31M renewables funding
-Projects in Guyana, Liberia and Togo will provide energy access and advance sustainable development funded by AFDF and IRENA
F. La Camera appointed as new IRENA Director-General
-IRENA Assembly selects Italian official to lead the International Renewable Energy Agency for next four year term from April
Brent falls below $60 mark at week beginning Jan. 14
- Decline in oil price comes with China's recent weak trade data
US oil rig count shows decrease in week
- Number of oil rigs falls by eight
Brent oil trades above $57 for week ending Jan. 4
- Brent oil prices see increase due to uncertainties in global economy and concerns over low global oil demand
Turkey's wind energy capacity to reach 8 GW in 2019
- Turkey's installed capacity is expected to have additional 600 MW in 2019
Turkey's energy import bill down 2.6 percent in Nov.
- Total imports cost nearly $16.18 billion last month, with energy accounting for 23.48 percent, statistical data reveals
Brent oil trades around $53 for week beginning Dec. 31
- Experts believe that market players are still concerned over global trade wars, especially between China and the US
