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Chile holds largest global lithium reserves
- Global lithium production rises by 17.6% to 61,800 tonnes in 2018
Oil prices down amid lower oil demand forecast
- US crude inventories are expected to rise by 4.9 million barrels last week amid expectation of 481,000 barrel drop
Wales aiming for zero emission by 2050
- Committee on Climate Change recommends reducing emissions for countries in the U.K. on May 2
Eni, NextChem to turn waste into energy
- New technology reuses large amounts of non-recyclable waste to produce chemical products and fuel
10.06.2019
Projects
Storing carbon underground to meet global emission goal
- Eighteen large-scale carbon capture and storage facilities capture almost 40 million tonnes of carbon annually
Climate-conscious traveling made easy with new website
- Round trip by electric car from London to France generates only 66 kilograms of emissions
Electric car sales up by 2 million in 2018
- Electric vehicles consumed about 58 terawatt-hours of electricity in 2018
UK to ban plastic straws, stirrers & buds in Apr. 2020
- In England, 4.7 billion plastic straws, 316 million plastic stirrers, 1.8 billion plastic-stemmed cotton buds are used annually
Wales plans floating homes under new tidal lagoon proj.
- Construction could start in 2021, with project operational by end of 2026
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> Zeynep Beyza Karabay
US crude oil stocks, production rise for w/e May 17
- Crude oil production increases to 12.2 million barrels per day
UK should back emission removal market for 2050 goals
- Carbon price of up to £160 per tonne of carbon-dioxide-equivalent could support net zero emission target
EU council bans single-use plastics for cleaner beaches
- Single-use plastic plates, cutlery, straws, balloon sticks and cotton buds will be banned by 2021
UK youth to design future of EV charging stations
- Winning designs will be made into real-life prototypes and displayed at electric vehicle center
Middle East tension pushing oil price higher
- Brent crude traded at $72.88 per barrel at 0614 GMT for 0.59% gain while West Texas International priced at $63.02 a barrel
Scotland supporting electric biking with £1.14m fund
- 45 projects and 460 e-bikes, e-cargo bikes and e-trikes were funded in previous two rounds of scheme
Scotland's largest offshore wind farm completes build
- Beatrice, located approximately 13 kilometers from Caithness coast, to be fully operational in summer 2019
Oil prices on rise with ongoing Middle East tension
- Brent crude traded at $72.43 per barrel at 0618 GMT for 0.37% gain while West Texas International priced at $62.42 a barrel
Global oil supply falls in April 2019: IEA
- OPEC crude oil output rose by 60,000 b/d in April as higher flows from Libya, Nigeria and Iraq offset Iranian losses
Global hydropower capacity grows by 1.97% in 2018
- Pumped storage hydropower capacity increased by 1.9 gigawatts to 160.3 gigawatts
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Global energy investments rise by $1B after 3 year fall
- Oil, gas and coal supply spending increases, while fossil-fuel based generation and renewable power investments fall
Fossil fuel companies should go green for climate fight
- Investing in oil and gas projects is an investment against the planet and against a healthy future, one expert argues
Smart meter use to reduce UK carbon emissions
- Smart metering facilitates better integration of renewable power and reduces reliance on fossil fuels
Nonprofits to track world-wide power plant emissions
- Project, with $1.7 million funding from Google, will use global satellite network to collect data from space
US crude oil stocks, production rise for w/e April 26
- Crude oil production increases to 12.3 million barrels per day
World Bank launches $50M fund to support clean mining
- Developing country govts. will be assisted to build policy, regulatory and legal framework to promote climate-smart mining
UK climate committee advises zero-emission goal by 2050
- Country currently has target of reducing its carbon emissions to 80% below 1990 levels by 2050
UK supports smart energy solutions with £30M funding
-Country targets highly innovative, ambitious, local energy system designs that are investable and ready to roll out in 2020s
New, improved wind farms needed to hit UK climate goal
- Report calls for government & local authority teamwork for policies to include permission for re-powering where appropriate
Ford invests $500M in all-new battery electric vehicle
- Latest investment is in addition to Ford’s existing plans to develop a portfolio of battery electric vehicles
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US crude oil stocks, production rise for w/e April 19
- Crude oil production increases to 12.2 million barrels per day
Spanish Enagas net profit totals €103.9M in 1Q19
- Good performance by affiliates and strict control of operating and financial expenses supports first quarter profits
UK invests £30M to expand India's solar farm network
- CleanMax Solar, recipient of investment, will use capital to enhance portfolio from 500 MW to 2,000 MW in next three years
Qatar Petroleum to hold tender for 100+ new LNG ships
- Tender also holds options for replacement of Qatar's existing LNG fleet
Oil prices dip slightly as supply concerns ease
- Markets are now adequately supplied and global spare production capacity remains at comfortable levels, says IEA
40+ nuclear deals made at Atomexpo 2019 in Russia
- Two-day event welcomed more than 4,000 people from a record number of 74 countries
ConocoPhillips sells UK exploration, production company
- Sale is part of company's ongoing effort to focus investments across future low cost supply opportunities
Verified carbon removals to be traded on pilot platform
- Initiative aims to use new method of verifying and quantifying carbon removal for online trade
$170M to help battery tech Co. improve li-ion batteries
- Sila Nano plans to supply first commercial customers in consumer electronics within next year
World's 1st electric, emission-free lifeboat to hit sea
- Boat has 50 kilowatt electric motor with 80 horsepower to run for 30 minutes at full speed and another 10 hours at 50%
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Australia plans pumped hydro at old copper mine
-Project that is expected to be operational by 2024 will boost energy storage assets for greater renewable capacity in future
Artificial intelligence can be used to reduce emissions
- Tech-integrated approach to environment holds 2.4 gigatons of carbon reduction possibility, says PwC UK
Malaysian Petronas venturing into renewables
- Acquisition is expected to be completed later this month
Carbon capture project gets $1.5 million funding
- Project is backed by University of Michigan and Europe’s main climate innovation initiative
UK to turn plastic into hydrogen
- UK's first plastics to hydrogen project will power vehicles, reduce air pollution and improve air quality
Amazon announces three new wind power projects
- Wind farms, planned in Ireland, Sweden, and U.S. are to produce more than 670 gigawatt-hours of annual power
Saudi Arabia to continue with U.S. dollar in oil trade
- Trading in dollar serves well kingdom's financial and monetary policies objectives
Shell to invest $300 million to tackle carbon emissions
- Investment to focus on high quality nature-based solutions and the rebuild of critical ecosystems
London drivers face new emission charges
- Driving in central London just got more expensive for vehicles that are not up to new emission standards
Energy demand in 2018 shows fastest growth in decade
- Global carbon emissions reached historic levels rising by 1.7 percent year on year
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US boosts crude oil stocks and output
- Oil stocks rise by 7.2 million barrels, crude production inches forward by 100,000 barrels per day for week ending March 29
Renewables account for third of global power capacity
- Solar and wind account for largest growth in capacity with 94 GW and 49 GW, respectively
UK ready for zero carbon power grid by 2025
- Integrating newer technologies from large offshore wind to domestic scale solar panels is key for clean electricity grid
Global oil prices see highest levels of 2019
- Shortages from Venezuela, Iran and OPEC+ as well as drops in U.S. shale production push oil prices to new highs
Brent rises to $68.44 at week beginning April 1
- Fall in U.S. oil rigs numbers to 816 in week ending March 29 pushes oil prices higher
Scotland gives £600K for African climate change battle
- Funding is to create new jobs and sources of income, improve food security and supply water and energy in Africa
18.09.2017
archive
Brent oil price at $55 at week ending Sept 15
- Brent crude price at $55.66 per barrel while WTI sees $50.01 on Friday
15.09.2017
Oil
Brent oil price reaches highest level in 5 months
- The global benchmark climbs to highest level since April 17
Over half of Americans have less than $1,000 savings
- While 57 percent of Americans have less than $1,000, 39 percent have no savings at all
15.09.2017
Finance
Turkey to pursue energy opportunities with Azerbaijan
- Azerbaijan continues as reliable partner for Turkey and other consuming countries for oil & gas, Turkish Energy Min. says
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> Zeynep Beyza Karabay
Brent oil price continues to fluctuate around $55
- Brent oil price fell by 0.34 percent to $54.97 while US WTI dropped 0.26 percent to $49.17 early Thursday
14.09.2017
Oil
South America opens its first geothermal plant
- The 48-megawatt plant, located 4,500 meters above sea level, is the first of its kind in South America
World oil supplies sees monthly drop in August: IEA
- Although global supplies are down in August, production in Aug. '17 is 1.2 mln. barrels per day above that of Aug. '16
OPEC lowers oil output in August
- OPEC's crude oil share of total global production drops to 33.9 percent in August
ANALYSIS - Bosnia’s simmering Black Gold
- If Bosnia plays its cards right, it could lay the ground for becoming Europe’s cradle of black gold
12.09.2017
Oil
Spot market electricity prices for Wednesday, Sept. 13
- Energy Exchange Istanbul (EXIST) data shows trade volume as 69.8 million Turkish liras for electricity market
12.09.2017
Electricity
UK auctions renewable projects worth £176M per year
- New clean energy projects set to power 3.6 million homes
11.09.2017
archive
ANALYSIS - Being neighbors with North Korea in the Middle East
- N. Korean regime has most recently made headlines with its alleged testing of a hydrogen bomb
11.09.2017
archive
Turkey's industrial production up in July
- Industrial output climbs 14.5 percent yearly in July 2017, according to TurkStat data
EU foreign ministers back Turkey dialogue
- 'We should not push Turkey away,' says UK foreign secretary at ministerial meeting in Estonia
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Greece, France sign development bank deal
- Move comes as French president concludes 2-day visit to Athens
Spot market electricity prices for Saturday, Sept. 9
- Energy Exchange Istanbul (EXIST) data shows trade volume as 62.38 million Turkish liras for electricity market
Turkey's crude steel production surges by 13.6 pct
- Global crude steel production climbs 4.6 pct in first 7 months of 2017 compared to same period in 2016
Alternative fuel car registrations in EU up 38% in Q2
- Electrically chargeable vehicle registrations increased by 45.8 percent to 49,589 units
07.09.2017
Electricity
Spot market electricity prices for Friday, Sept. 8
- Energy Exchange Istanbul (EXIST) data shows trade volume as 69.5 million Turkish liras for electricity market
07.09.2017
Electricity
China-led Asian bank to lend Egypt up to $210 million
- Loan will finance 11 solar power projects in Egypt\r\n \r\n
E.ON starts constructing 20MW Texas Waves power storage
- Power storage systems to enter operation at the end of 2017
06.09.2017
Electricity
Turkey's electricity tariff customers rise in August
- Eligible consumers rose by 1% in August month-on-month -- in Istanbul by over 1.3M, Izmir with 438K and Antalya with 367K
06.09.2017
Electricity
Brent oil price at $52
- Brent oil price fell by 0.13% to $52.27 while US WTI rose 0.61% to $47.58 on early Tuesday
05.09.2017
Oil
Brent oil price at $52 at week ending Sept 1
- Brent crude price at $52.80 per barrel while WTI sees $47.13 on Friday
01.09.2017
Oil
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Turkish exports rise for 10th consecutive month
- Turkey's exports in August rise nearly 12 pct year-on-year, says Turkish Exporters Assembly
Spain's natural gas demand grows 18% in August
- August growth marks highest monthly growth figure in summer period since 2008
01.09.2017
Natural Gas
IEA says international release of oil stocks not necessary
- \"To date, market mechanisms and government assistance have been adequate,\" IEA said
01.09.2017
Oil
Spot market electricity prices for Saturday, Sept 2
- Energy Exchange Istanbul (EXIST) data shows trade volume as 45.1 million Turkish liras for electricity market
01.09.2017
Electricity
Kuwaiti emir heads to US for talks with with Trump
-Two leaders expected to discuss ongoing Gulf crisis at Sept. 7 meeting at White House
Transfer of East Med. gas through N. Cyprus more viable
- Efforts to find solution through LNG terminals in Egypt would not be economical, TRNC's economy and energy minister says
US opens strategic petroleum reserve due to Harvey
- Strategic petroleum reserve sends 500,000 barrels of oil to Louisiana's Phillips 66 refinery in Lake Charles
01.09.2017
Oil
US: Plant in Texas still a threat after flood damage
- Communities in hurricane-hit Houston alarmed by explosions, black smoke at chemical plant
01.09.2017
Oil
Turkish stocks go into holiday above 110K points
- BIST 100 index goes down 0.37 pct with taking profits before going into holiday; USD/TRY rate stands around 3.46
Spot market electricity prices for Friday, Sept 1
- Energy Exchange Istanbul (EXIST) data shows trade volume as 47.8 million Turkish liras for electricity market
31.08.2017
Electricity
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Enel starts operations of 180 MW wind farm in Brazil
- Enel invested approximately $400 million in construction of Delfina wind farm
SSE issues biggest green bond by UK company
- Company to use eight-year green bond to refinance its portfolio of recently constructed or under construction onshore wind farms
EU to introduce new vehicle emissions tests on Sept. 1
- Europe will be the only region in the world to implement such testing, European Automobile Manufacturers’ Association said
$4 million dispersed for energy-strapped Gaza: UN chief
- UN secretary-general makes announcement at tail end of first visit to Israel-Palestine
31.08.2017
Electricity
Largest US oil refinery closes due to Harvey
Price of gasoline rising as quarter of country’s oil refining capacity taken offlinern
31.08.2017
Oil
US: Up to 40,000 homes destroyed by Harvey
- 'We've got to get those people back into their normal lives as soon as possible,' county judge says
31.08.2017
Oil
Kirkuk's inclusion in region poll ‘dangerous’: Iran
- Tehran blasts decision by Kirkuk provincial council to include city in upcoming poll on regional independence
Russia FM calls for dialogue between Arab states, Qatar
- Sergei Lavrov issues appeal at joint press conference in Doha with Qatari counterpart
Moody's upgrades Turkish economic growth forecast
- International rating agency upgrades end-year growth forecast for Turkish economy to 3.7 pct from 2.6 pct
Spot market electricity prices for Thursday, August 31
- Energy Exchange Istanbul (EXIST) data shows trade volume as 52.6 million Turkish liras for electricity market
30.08.2017
Electricity