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Renewables set to match fossil fuels returns: New study

- Findings make strong case for rapidly stepping up investment in renewable energy sources

13.07.2019 Natural Gas , Oil , Renewable , International Organization , Europe

Seasonally strong oil demand is expected in 2H19, OPEC

- Global oil demand growth is forecast at 1.14 million barrels per day for both 2019 and 2020

13.07.2019 Oil , Finance , Europe , Americas , Middle East-Africa , General

EU pondering measures against Turkey drilling in E. Med

- EU Council to take issue forward after EU Commission puts forward options on measures against Turkey

12.07.2019 Natural Gas , Energy Diplomacy , Turkey , Europe , General

EU commission proposes $3.4B budget for innovation

- European Institute of Innovation and Technology’s proposed budget for new innovation agenda increased by 25%

12.07.2019 Finance , Europe , General

Oil, gas exploration licenses up for grabs in North Sea

- Applications to be made by Nov. 12 with decisions expected in second quarter of 2020

11.07.2019 Natural Gas , Oil , Europe

UK opens new EV battery manufacturing facility

- Battery tech company invested £7 million in manufacturing capabilities since 2014

11.07.2019 Electricity , Europe

Eurozone's GDP expectation for 2020 drops

- Eurozone's GDP forecast for 2020 drops by 0.1 percentage points

11.07.2019 Finance , Europe , General

Ankara to continue defending Turkish Cypriot's rights in Med.

- Turkey's second drilling ship Yavuz has recently been sent for oil exploration in Eastern Mediterranean

11.07.2019 Energy Diplomacy , Energy Security , World , Turkey , Europe , General

Iran warns UK of 'repercussions' over tanker seizure

- UK says Iranian oil tanker believed to be carrying two million barrels of crude oil to Syria

11.07.2019 Energy Diplomacy , Europe , Middle East-Africa , General

Germany calls for unconditional ceasefire in Libya

- Chancellor Merkel urges all countries to implement UN arms embargo

10.07.2019 Energy Security , Europe , General

UK revs up electric vehicle charging station investment

- Total of 12 projects set to receive share of £37 million

10.07.2019 Electricity , Renewable , Europe

'No-deal Brexit not in interest of either UK or EU'

- Brexit Secretary Stephen Barclay warns second referendum on leaving EU would be 'divisive but not necessarily decisive'

09.07.2019 International Relations , Europe

Iran may go for 20% enrichment: Atomic Energy spokesman

- Iran threatens to abandon further commitments to nuclear pact unless solution is found

08.07.2019 Nuclear , Energy Diplomacy , Energy Security , International Relations , Europe , Middle East-Africa

Hydro leads in providing most of Norway's power in May

- Norway produces 9.81 terawatt-hours of electricity in May

09.07.2019 Hydro , Europe , General

Turkmenistan, EU discuss multilateral cooperation

- 2 sides talk construction of gas pipeline linking Turkmenistan, Afghanistan, Pakistan, India, and EU delegation in Ashgabat

08.07.2019 Energy Diplomacy , International Relations , Europe

Conservative wing in Iran wants retaliation against UK

- Iran slams capture of an Iranian supertanker in Gibraltar by British Royal Marines on Thursday

07.07.2019 Oil , Energy Diplomacy , Energy Security , Europe , Middle East-Africa

'Those who move against Turkey will be frustrated'

- Turkish vice president stresses legitimate rights of Turkey, Turkish Cyprus in Eastern Mediterranean

07.07.2019 Energy Diplomacy , Turkey , Europe

UK court rules to freeze Gazprom's Nord Stream dividends

- Gazprom's $145 million dividends must be moved to court's account: Naftogaz

05.07.2019 Natural Gas , Europe , Eurasia

Biogas shows potential to reduce emissions by 13%

- Currently only about 2.2% of global anaerobic digestion potential is used

06.07.2019 Geothermal/Biomass , International Organization , Europe

UK's National Trust to halt fossil fuel investments

- Fossil fuel investments comprise 4% of National Trust's current portfolio

05.07.2019 Natural Gas , Oil , Renewable , Coal , Europe

UN Security Council fails to condemn airstrike in Libya

- US diplomats said they needed green light from Washington to approve statement’s text

04.07.2019 International Organization , Europe , General

UK: Panel discusses concerns over ‘deal of the century’

- Seminar looks at geopolitical significance of Saudi Arabia and UAE’s financing of U.S. deal

04.07.2019 Energy Diplomacy , Europe , General

Russia says no nuclear contamination after sub fire

- President dispatches defense minister to investigate incident in Barents Sea

03.07.2019 Energy Diplomacy , Energy Security , Europe , Eurasia , General

Despite uncertainty, Spain sets date to form government

- Spain’s acting prime minister aims to be confirmed by end of July. If not, country could be forced to go back to polls

03.07.2019 Finance , Energy Diplomacy , Europe , General

EU gravely concerned over Iran’s breach of nuclear deal

- Foreign ministers of U.K., Germany and France urge Iran to avoid undermining agreement

03.07.2019 Energy Diplomacy , Europe , General

Energia plans €3B investment in Ireland's renewables

- The investment will create 200 direct jobs and between 3,000 to 5,000 construction jobs

03.07.2019 Electricity , Finance , Europe , General

Eni, Lombardy Region sign sustainability agreement

- Eni will invest over €950 million, plus another €220 million in R&D to develop circular industrial solutions in 4 years

03.07.2019 Renewable , Europe , General

Scotland's green economy gets £10 million boost

- Electric bike hire schemes, electric bin lorries, zero-emission buses, community hydropower station among selected projects

03.07.2019 Renewable , Projects , Invesments , Europe

Swiss firm BKW enables investment in 100% clean energy

- BKW is refinancing construction of various Swiss small hydroelectric power plants and wind farms in Norway and France

03.07.2019 Finance , Renewable , Europe , General

Suspected Russian missile falls in Northern Cyprus

- Turkish Cypriot foreign minister says missile suspected to be Russian S-200 missile

01.07.2019 Energy Diplomacy , Europe , Eurasia

EU unemployment rate at 6.3% in May

- Eurostat says unemployment figure stands at lowest rate recorded in 28-member bloc since January 2000

01.07.2019 Finance , Europe

'Turkey backs North Macedonia's NATO bid'

- North Macedonia's NATO membership protocol will be approved within a month, says Turkish Parliament Speaker Sentop

01.07.2019 Energy Diplomacy , Energy Security , Turkey , Europe

EU Parliament to elect president on July 3

- Choice of president of EU Parliament entirely independent of Council of Member States

01.07.2019 Energy Diplomacy , Europe

Europe's economic sentiment drops in June

- European Commission says both euro area, EU indices saw declines in June

28.06.2019 Europe

UK's Petrofac secures second Dutch wind farm contract

- Total of eight 700-megawatt substations to be installed offshore of Netherlands by 2030

28.06.2019 Wind , Europe

UK backs carbon capture and storage progress with £26M

- Nine projects to receive between £170,000 and £7 million to advance carbon capture technology

28.06.2019 Renewable , Invesments , Europe

UK passes net zero emissions law

- Committee on Climate Change recommended net zero emission target on May 2

27.06.2019 Renewable , Europe

UK: Corbyn calls for end to arms export to Saudi Arabia

- Opposition leader accuses government of ignoring war crimes committed in Yemen

27.06.2019 Finance , International Relations , Europe , Middle East-Africa

Turkey congratulates new head of Council of Europe

- Foreign Minister Mevlut Cavusoglu wishes Marija Pejcinovic Buric success in her new position

27.06.2019 International Relations , Europe , General

European solar installations to double over next 3 yrs.

- Wood Mackenzie reports that European total installed capacity solar capacity will surpass 250 GW by 2024

27.06.2019 Solar , Energy Projects , Europe , General

Repsol produces first oil in Buckskin ahead of schedule

- Initial output is projected to reach 30,000 barrels of oil per day

26.06.2019 Oil , Europe , General

CO2 emissions from new cars and vans increases in 2018

- Around 4.5 million new cars and 1.66 million new vans sold in EU and Iceland in 2018

27.06.2019 Renewable , Europe

Norway's wealth fund to revoke exclusions of 5 firms

- Banned companies have remedied problems that initially caused exclusions, says Norges Bank

26.06.2019 Finance , Europe , General

Eni launches 'Joule' energy management school in Italy

- Energy training school to enable energy access, competency and tech. will be fully active in the 2020-2021 academic year

26.06.2019 Natural Gas , Oil , Renewable , Europe , General

Wales turns wood to energy via £160M power station

- Facility has potential to manage 250,000 tonnes of waste wood a year

26.06.2019 Geothermal/Biomass , Europe

UK offshore wind industry gains £100 million support

- First pilot opportunity expected in September with further programs starting early 2020

25.06.2019 Wind , Invesments , Europe

France: US has to clarify position regarding EU

- Trump should resolve ambiguities between EU, US, says French president

25.06.2019 Energy Diplomacy , Europe , General

Swedish Forsmark nuke plant: safe for 10 more years

- Plant operator Vattenfall given go-ahead to operate plant in radiation-safe manner until comprehensive assessment in 2028

25.06.2019 Nuclear , Energy Security , Europe , General

Norway's petroleum sales decrease in May

- Country's total sales volume of petroleum products in May drops year-on-year by 6.2% to 678 million liters

21.06.2019 Refining/Petro Chemistry , Europe

UK en route to zero carbon future with interconnectors

- Electricity interconnectors allowing transfer of electricity across borders boosting UK's zero carbon target

22.06.2019 Electricity , Europe

Baltic States grid to link up with EU via Poland

- Baltic states aim desynchronisation from Russia, Belarusian electricity systems

21.06.2019 Electricity , Energy Diplomacy , Europe , General

Global gas consumption to grow 1.6% per year

- Asia Pacific region will account for over half of total growth in natural gas consumption until 2024, says IEA

21.06.2019 Natural Gas , Europe , Eurasia , Americas , General

2-day EU leaders' summit begins in Brussels

- Leaders to reach decision on new heads of EU Commission, EU Council, European Central Bank, foreign policy chief

21.06.2019 International Relations , Europe

UK: Boris Johnson to face Hunt in leadership final

- Former foreign secretary to go up against current top diplomat in final ballot, voted on by Tory party membership

21.06.2019 International Relations , Europe

Turkey sends Yavuz vessel for oil exploration in E. Med.

- Greek Cypriot Administration does not have right to take decisions on its own or even have a say in any matter concerning whole island, says Turkish Minister

22.06.2019 Natural Gas , Oil , Energy Diplomacy , Turkey , Europe , General

Households account for 27.2% in EU energy consumption

- Natural gas covers 36% of EU final energy consumption in households, Eurostat says

21.06.2019 Electricity , Natural Gas , Europe

EC approves €431M clean transport support in Germany

- Germany aims to reduce nitrogen oxides emissions by 1,450 tonnes per year with support scheme

20.06.2019 Transportation/Fuel Oil , Europe

Turkish Petroleum focuses on Med. Sea with 3D seismic

- Seismic and geological studies revealed important findings about hydrocarbon potential in the sea, says Turkish Petroleum

20.06.2019 Natural Gas , Oil , Energy Diplomacy , Turkey , Europe , General

Turkey, Greece to bolster cooperation in Aegean Sea

- Greek defense delegation to visit Turkey to discuss confidence building measures month after Athens meeting

17.06.2019 Energy Diplomacy , Turkey , Europe

Equinor makes two oil, gas discoveries in Norwegian Sea

- Drilling of Snadd Outer well started on April 27 in the northern part of the Norwegian Sea

17.06.2019 Europe , General

EU cannot be fair, impartial on Cyprus issue: TRNC

- Turkish Republic of Northern Cyprus premier says reaching resolution on Cyprus needs recognition of realities on island

18.06.2019 Natural Gas , Energy Diplomacy , Turkey , Europe

Turkey slams EU summit declaration on E.Med, Cyprus

- Turkey rejects South EU summit declaration on Aegean, Eastern Mediterranean, Cyprus as being 'against international law'

17.06.2019 Energy Diplomacy , Turkey , Europe , General

Energy resources in Eastern Mediterranean: an overview

- Neighboring counties and international actors conduct hydrocarbon research, triggering new regional equilibriums

16.06.2019 Natural Gas , Energy Diplomacy , Energy Security , Turkey , Europe , Americas , Middle East-Africa , General

Turkey not reducing troops in Northern Cyprus: Erdogan

- Ankara does not need permission from anyone to position troops in region, says Turkish president

15.06.2019 Natural Gas , Energy Diplomacy , Turkey , Europe , Middle East-Africa , General

Russia holds 19.8% of total global proven gas reserves

- Russia ranks first with its gas reserves, followed by Iran and Qatar, according to BP's latest report

16.06.2019 Natural Gas , Downstream , Lng/Lpg , World , Europe , General

Russia offers Ukraine to lower gas price by 25%

- Russia, Ukraine and European Commission to hold trilateral talks in second half of September, says Russian energy minister

15.06.2019 Natural Gas , Europe , Eurasia

Hydrogen aids clean, secure, affordable energy future

- Hydrogen use can help improve air quality and strengthen energy security, IEA said

15.06.2019 Renewable , International Organization , Europe

Eni, Synhelion team up to produce low emission fuel

- Project will cut over 50% of emissions released in conventional methanol production

15.06.2019 Coal , Renewable , Europe , General

US-Poland defense pact ‘new factor of tension’: Russia

- Moscow ‘closely’ following expansion of military cooperation between US, Poland, says Kremlin spokesman

14.06.2019 Energy Diplomacy , Europe , Americas , General

World's first electrothermal storage plant starts ops.

- New storage technology enables cost-effective storage of large quantities of energy

14.06.2019 Electricity , Renewable , Europe , General

Qatar leads in LNG exports again

- Gulf state was the biggest LNG exporter in 2018, while main LNG importer was Japan, BP's report shows

13.06.2019 Lng/Lpg , Turkey , Europe , Middle East-Africa , General

‘Russia's stance on Turkey's S-400 purchase unchanged’

- Moscow will fulfill its obligations to Ankara, says ambassador Aleksei Yerkhov

13.06.2019 Energy Security , Turkey , Europe , General

Global smart meters market set to reach $7.06bn in 2023

- Despite decline in installations, China will continue to be largest market

13.06.2019 Electricity , World , Europe , Americas , General

Total starts production in Culzean field

- Culzean will account for around 5% of UK’s gas consumption

12.06.2019 Natural Gas , Europe , General

Shell ships first LNG cargo from Australia's giant Prelude

- Prelude is the world’s biggest floating LNG plant

11.06.2019 Lng/Lpg , Europe , General

Wales aiming for zero emission by 2050

- Committee on Climate Change recommends reducing emissions for countries in the U.K. on May 2

11.06.2019 Renewable , Europe

UK: Conservative Party announces 10 leadership hopefuls

- New Tory leader, succeeding Brexit-bruised Theresa May, will be announced in last week of July

11.06.2019 Energy Diplomacy , Europe

Turkey slams Greek Cyprus over reported arrest warrants

- Nobody should doubt that we will give necessary response if it dares to issue warrants, says Foreign Ministry spokesman

11.06.2019 Natural Gas , Energy Diplomacy , Turkey , Europe

'Turkey pulling out of NATO, body blow to alliance'

- US should leave door open in its relations with Turkey and develop long-term strategy, says RAND's Stephen Flanagan

11.06.2019 Energy Diplomacy , Energy Security , Turkey , Europe , Americas

Gazprom plans to build power plants in Serbia

- With agreement, parties confirm mutual interest in projects for constructing heat and power generating facilities in Serbia

11.06.2019 Natural Gas , Europe , Eurasia , General

Hungary aims to receive TurkStream gas soon

- Russian and Hungarian officials meet during the St. Petersburg International Economic Forum 2019

11.06.2019 Natural Gas , Energy Projects , Europe , Eurasia , General

NATO’s largest Baltic drill to kick off on Sunday

- Some 8,600 US, European troops from 18 nations taking part in annual Baltic Operations Exercise

11.06.2019 Energy Diplomacy , Europe , General

Iran decries US sanctions on petrochemical industry

- U.S. imposed sanctions on Iran's largest petrochemical group

10.06.2019 Refining/Petro Chemistry , Europe , Middle East-Africa , General

UK premier Theresa May steps down as Tory leader

- Theresa May will remain as caretaker prime minister of Britain until new Conservative leader is elected next month

08.06.2019 Energy Diplomacy , Europe , General

EU announces 8 locations as supercomputer centers

- Sofia, Bologna and Barcelona among cities where centers will be located

09.06.2019 Electricity , Regulation , Europe , General

US defense chief meets with Greek counterpart

- Top defense officials discuss regional issues, including security in Balkans and Black Sea, says Pentagon

09.06.2019 Energy Diplomacy , Europe , Americas , General

Northern Cyprus has right on oil in E. Mediterranean

- Turkish Cypriots are entitled to the same rights as those in southern Cyprus, Turkish president says

08.06.2019 Natural Gas , Energy Diplomacy , Turkey , Europe , Middle East-Africa , General

German FM Maas to visit Iran for nuclear talks

- EU heavyweights seek to save nuclear deal amid growing tensions between US and Iran

08.06.2019 Energy Diplomacy , Europe , Middle East-Africa , General

Storing carbon underground to meet global emission goal

- Eighteen large-scale carbon capture and storage facilities capture almost 40 million tonnes of carbon annually

08.06.2019 Electricity , Regulation , Renewable , Europe , Asia , Americas , General

Germany rejects Greece's war reparations demand

- 'Issue of compensation closed politically, legally,' says German Foreign Ministry

06.06.2019 Energy Diplomacy , Energy Security , Europe , General

Iran urges West to halt arms supplies to Arab coalition

- Since 2015, a Saudi-led military coalition has pounded Houthi positions across Yemen, causing numerous civilian deaths

06.06.2019 Energy Diplomacy , Europe , Middle East-Africa , General

EU: Unemployment rate stable at 6.4% in April

- Eurostat estimates that 15.8 million men and women in 28 member states were unemployed as of April 2019

05.06.2019 Finance , Europe , General

Greek Lieutenant General resigns from Defense Ministry

- Zahariades resigns saying negotiations of confidence building measures with Turkey should be frozen before early elections

04.06.2019 Energy Diplomacy , Europe , General

Germany: Sudan must end violent crackdown on protesters

- Foreign Ministry calls on Sudanese authorities to immediately stop violence against protesters in capital Khartoum

04.06.2019 Energy Security , Europe , Middle East-Africa , General

US: Port operations in Greece not military 'buildup'

- Russian claims designed to 'drive a wedge between the US, Turkey and Greece,' says Pentagon spokesman

30.05.2019 International Relations , Europe , Americas

Dutch natural gas revenues almost €417 billion

- May 29, 1959 marks the discovery of Europe’s largest gas field near Slochteren in the Dutch province of Groningen, CBS says

30.05.2019 Natural Gas , Finance , Europe

European consortium launches carbon capture project

- Industrial-scale project has €19.3 milion budget and is part of Horizon 2020, EU’s research and innovation program

30.05.2019 Projects , Energy Projects , News from companies , Europe , General

Vestas receives 147-megawatt wind order in Brazil

- Danish company to supply Folha Larga wind park in Bahia state

29.05.2019 Wind , Europe , General

Vattenfall, Microsoft to enable low-carbon data centers

- Two companies start collaboration to power new Swedish data center locations with renewable energy

29.05.2019 Renewable , Europe , General

Energy investments to increase in Norway in 2020

- New 2019 estimates are substantially adjusted upwards from previous survey and show growth compared to 2018

29.05.2019 Natural Gas , Oil , Invesments , Europe , General

EU leaders assess outcome of European elections

- European Council head Donald Tusk believes results 'reflect a much greater diversity of views and national sensitivities.’

29.05.2019 International Relations , International Organization , Europe

Petrofac secures two North Sea contract extensions

- British oilfield services provider awarded two Operations and Maintenance contract extensions worth around $32M

28.05.2019 Upstream , News from companies , Europe , General

Google to invest €600M in new data center in Finland

- New facility will be located in Hamina, where American tech giant previously opened data center in 2011

29.05.2019 Invesments , Europe , Americas , General

Austria's Kurz, government ousted in no-confidence vote

- Chancellor Sebastian Kurz, caretaker government caught in video scandal

28.05.2019 Energy Diplomacy , Europe , General

Enel starts build of 140 MW wind farm in South Africa

- Oyster Bay wind farm to generate 568 gigawatt-hours annually once fully operational

28.05.2019 Wind , Europe , Middle East-Africa , General

UAE's Barakah NPP advances towards gaining ops. license

Iran may go for 20% enrichment: Atomic Energy spokesman

Turkey boosts energy cooperation with China

Iran set to breach uranium enrichment limit

Iran, Japan to barter oil for power plant upgrade

Turkey's installed power capacity up 58% in 5 months

GE begins to digitize thermal, renewable power in India

China's coal output up 5.2 pct in September

UK's National Trust to halt fossil fuel investments

Turkey's lignite use down 0.15% in April

Kenyan court blocks East Africa's first coal plant

Turkey aims to increase share of renewables: Minister

Global oil supply falls in May: IEA

Uzbekistan to invest $33 billion in oil and gas sector

Turkey rejects EU statement on drilling in Eastern Med

Abu Dhabi launches bid round 2 for 5 exploration blocks

Abu Dhabi launches bid round 2 for 5 exploration blocks

‘Ankara to always protect Turkish Cypriots’ rights’

Total, ADNOC to explore gas in Abu Dhabi

Osaka to acquire 35pct stake in US shale gas project

Oil prices see small increase at week beginning June 24

Russia holds 19.8% of total global proven gas reserves

Tupras refineries ranked biggest industry in Turkey

Turkey's natural gas imports down 9% in March

Algerian LNG carrier arrives in Turkey

Novatek increases gas sales by 23.7% in 2Q19

Turkey's LPG imports down over 1.76% in April 2019

Russian Novatek sends first LNG cargo to Japan

Oil gains weekly as dovish US Fed weakens dollar

Lower global economic growth reduces oil demand: EIA

US crude output for April surpasses 12M barrels daily

Oil sees weekly fall from oversupply, low demand worries

Oil prices gain as dollar weakens with dovish Fed

Oil up as trade woes abate with Trump, Xi meeting

Oil prices down with weak demand, forecast revisions

US again leads world in oil production, consumption

Oil prices up as Gulf of Mexico storm cuts output

Oil prices up with sharp decline in US crude stocks

Norway's petroleum sales decrease in May

US crude oil stocks, production falls for w/e June 14

Oil prices steady with weak demand, Iran tension

Oil heads for biggest monthly gain before OPEC meeting

Oil prices up as US-Iran tension escalates

Oil steady as Trump queries US protection of oil lanes

Equinor plans first floating wind farm in Asia

Turkey's installed power capacity up 58% in 5 months

Global wind power capacity to grow by 60% in 5 years

UK's Petrofac secures second Dutch wind farm contract

Global wind power capacity to grow by 60% in 5 years

EBRD to finance solar project in Ukraine

European solar installations to double over next 3 yrs.

Renewable energy employs 11 million people worldwide

Hydro leads in providing most of Norway's power in May

Global hydropower capacity grows by 1.97% in 2018

Gas, renewables to replace coal for US power in summer

Majority of Norway's power from hydro in Mar. 19

Biogas shows potential to reduce emissions by 13%

Wales turns wood to energy via £160M power station

US awards $5.5 million for geothermal machine learning

Enel buys 650 MW of renewable power plants in US

Saudi Aramco awards oil, gas contracts worth $18B

Kazakhstan aims to become Eurasian financial leader

Scotland's green economy gets £10 million boost

US-led economic conference kicks off in Bahrain

Oil gains weekly as dovish US Fed weakens dollar

Lower global economic growth reduces oil demand: EIA

Ghana and World Bank join to reduce carbon emissions

Saudi Aramco awards oil, gas contracts worth $18B

Oil prices up with sharp decline in US crude stocks

Oil prices up as US-China agree to restart trade talks

Oil heads for biggest monthly gain before OPEC meeting

Oil prices down ahead of G20 summit

Brent to average $69.50 in 2H19: Wood Mackenzie

US crude export levels and destinations rise in 2018

S&P revises Mexico's Pemex outlook to negative

Seven oil, gas majors establish blockchain consortium

US coal consumption in 2018 set to be lowest in 39 yrs.

Turkey's electricity consumption down 2.2% in Nov.

US plans to end electric car, renewable subsidies

MEDREG can play 'crucial' role in Med energy sector