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BP invests $7 million in electric vehicle charging technologies

- Investment in IoTecha is aligned with BP’s aim to provide over 70,000 public EV charging points worldwide by 2030

23.06.2021 Electricity , Renewable

Turkey's energy map becomes greener as renewables expand countrywide

- Country ranks as world's 12th biggest renewable power with over $50 billion investment

23.06.2021 Renewable , Turkey

Green hydrogen to be cost competitive with fossil fuels up to 2033

- Growing focus on net-zero targets favors green hydrogen, says Wood Mackenzie analyst Ben Gallagher

10.06.2021 Renewable , International Organization , World

G7 economies could lose 'trillions' due to climate change inaction

- Oxfam calls on world's richest countries to cut carbon emissions ‘more quickly, steeply’

09.06.2021 Coal , Renewable , International Organization , Energy Projects

Wind energy sector could create 3.3 million new jobs over five years

- With 751 gigawatts of wind power capacity already installed, wind industry generated nearly 1.2 million jobs to date

08.05.2021 Wind , Renewable , General

Turkey's daily power consumption up 1.5% on May 4

- Electricity exports amount to 5,383 megawatt-hours, while imports total 10,102 megawatt-hours

06.05.2021 Finance , Renewable , Turkey , General

Global wind energy cost could fall by up to 49% by 2050

- Technology and commercial advancements are expected to continue to drive down cost of wind energy

27.04.2021 Finance , Wind , Renewable , World , General

European wind energy sector to excel for 5 more years

- Germany to have largest wind fleet with 75 GW, followed by UK with 42 GW by 2025

26.04.2021 Finance , Renewable , Europe , General

Turkey expects up to 21% drop in emissions until 2030

- Climate change not only affecting most polluting countries, but all humanity: Turkish president

24.04.2021 Renewable , Renewable , Turkey

Upcoming EU carbon regulation may affect Turkey: EU bank

- Carbon Border Adjustment Mechanism to observe carbon footprint of imported goods may effect Turkey’s steel, iron industries

22.04.2021 Renewable , Renewable , Turkey , Europe

Global CO2 emissions set for 2nd biggest rise in history

- IEA head in dire warning calls on governments to move rapidly to cut emissions against risk of worsening situation in 2022

20.04.2021 Oil , Finance , Coal , Renewable , General

US Dept of Energy pledges $162M to decarbonize vehicles

- Funding to support lowering carbon emissions, electrifying vehicles along with expanding electric vehicle infrastructure

17.04.2021 Finance , Renewable , Americas

Action to achieve Paris climate to upend oil, gas prices

- With progressive electrification, oil demand and power of major oil producers will shrink

17.04.2021 Electricity , Natural Gas , Finance , Renewable , General

Global oil demand to increase 6% in 2021: OPEC

- Crude output rises mainly in Iran, Angola, Libya and Iraq, but decreases in Saudi Arabia, OPEC says

14.04.2021 Finance , Wind , Renewable , Turkey , Europe

Oil-rich Saudi Arabia branches into solar power

- Saudi Arabia's latest steps on solar energy will help the country reach 3,670 megawatts of solar capacity

14.04.2021 Finance , Solar , Renewable , Middle East-Africa

Europe invests record €42.8 bln in wind energy in 2020

- Investments of €26.3 billion in offshore wind set new record

14.04.2021 Finance , Wind , Renewable , General

Global electric vehicle adoption accelerates in 2020

- EV growth supported by generous purchase subsidies, stricter emissions controls and rising consumer interest, says Fitch

10.04.2021 Electricity , Finance , Renewable , General

World adds record new clean energy capacity in 2020

- Renewables accounted for more than 80% of all new electricity capacity added last year, IRENA report shows

07.04.2021 Finance , Renewable , General

Finance shifts to low-carbon with fossil stock losses

- Renewables issuance raises record $11 bln from public equity offerings in 2020 alone while fossil fuel issuance fell by 85%

01.04.2021 Electricity , Finance , Coal , Renewable , General

Turkey's LPG imports down 21.07% in January

- LPG production decreases year-on-year by 29.32% to 66,603 tonnes, according to Turkey's energy watchdog

28.03.2021 LPG , Turkey , General

US electricity grid to increase use of battery storage

- Most battery storage systems currently installed in US are lithium-ion batteries that add flexibility to power grid

25.03.2021 Electricity , Finance , Renewable , Americas , General

Despite Covid-19 wind energy sector soars in 2020

- China sets new world record with 52 gigawatts in just one year

26.03.2021 Wind , Renewable , World

Europe energy storage deployment to near double in 2021

- 2021 looks particularly strong for sector with new services opening across Europe

25.03.2021 Finance , Renewable , Europe , General

US DOE awards $27.5M for 16 water treatment projects

- Each team will work to bring new water and wastewater treatment technologies from the applied R&D stage

24.03.2021 Finance , Renewable , Americas , General

Eni acquires biogas producer, FRI-EL Biogas Holding

- Eni plans biomethane production, which when fully operational, will supply over 50 million cubic meters per year to network

22.03.2021 Renewable , Europe , General

Clean energy can replace fossil fuels in heating sector

- Renewables can play a significant role in decarbonizing the way homes and businesses are heated, IRENA says

23.03.2021 Finance , Renewable , Energy Projects , General

Paris climate deal unfair to Turkey: OECD envoy

- Ankara ready to do its part protecting environment but needs help from global community, says Turkey's OECD representative

20.03.2021 Renewable , Energy Diplomacy , Europe

Renewable returns outpace fossil fuels threefold

- Share of renewable power in global energy investment has risen to nearly one-fifth during crisis in 2020, report says

19.03.2021 Electricity , Thermal , Renewable

Sabanci Holding plans to increase green investments

- Company has already invested in wind plants totaling 565 megawatts, says company's head of energy group

19.03.2021 Renewable , News from companies

Turkey announces landmark new economic reform package

- Reforms aim to boost investment, production, jobs, and exports, says President Recep Tayyip Erdogan

16.03.2021 Projects , Invesments , Renewable , Energy Projects , Turkey , General

Turkey's nuclear plant to produce 10% of electricity needs

- Domestic, renewable energy in country's installed power has reached level of 63.7%, says president

11.03.2021 Renewable , Turkey

APAC to lead global battery storage mkt. in next 4 yrs.

- By end of 2025, China, South Korea, Australia, and Japan are expected to install a cumulative capacity of 20.45 gigawatts

11.03.2021 Finance , Renewable , Asia , General

'Turkey should follow EU's path towards green economy'

- Turkish private sector paying greater attention to EU's green deal, says EU diplomat

03.03.2021 Renewable , International Relations , Energy Projects , Turkey

Iberdrola makes record €9.24 bln. investments in 2020

- Iberdrola reaffirms target to double installed renewable capacity to 60 gigawatts by 2025 and 95 gigawatts by 2030

25.02.2021 Finance , Renewable , General

UN: US on pace to hit Paris climate goals despite Trump

- Contributions from states, civil society offset lack of US contributions in past four years, says Antonio Guterres

19.02.2021 Coal , Renewable , Energy Diplomacy , Energy Projects , Americas

EU needs to change course to cut emissions 55% by 2030

- Dramatic acceleration of energy transition in key areas is required for EU to hit climate goals, a new report says

19.02.2021 Renewable , Europe

ENGIE and Equinor to explore low-carbon hydrogen

- Partners will investigate the production and market potential for hydrogen from natural gas

19.02.2021 Finance , Renewable , Europe , General

Europe installs 26% larger capacity wind farms in 2020

- In Europe, 5,402 offshore wind turbines connect to the grid, totaling 25,014 MW of installed power capacity

11.02.2021 Finance , Wind , Renewable , Europe

Global EV sales see record rise in 2020 led by Europe

- Market share of electric cars rises over 4% from its 2.5% level in 2019, data shows

11.02.2021 Electricity , Projects , Renewable , World , General

Raising climate ambitions could save millions of lives

- Bolder action could save up to 6M lives due to better diet, 1.6M due to cleaner air and 2.1M due to more exercise per year

11.02.2021 Finance , Renewable , World , Europe , General

bp, EnBW chosen as preferred bidder for UK wind leases

- 50-50 joint venture between bp and EnBW to develop and operate leases marks bp's entry into UK's offshore wind sector

08.02.2021 Finance , Renewable , Europe , General

Siemens, Air Liquide to cooperate on hydrogen production

- Companies to focus on creating large industrial-scale hydrogen projects in Germany and France

09.02.2021 Finance , Renewable , Europe , General

Europe sees 25 GW offshore wind capacity at end of 2020

- Europe accomplishes record €26.3 billion in financing for new wind projects in 2020

09.02.2021 Finance , Renewable , Europe , General

BMW Group sources aluminum produced from solar energy

- Decision considered a milestone on road to company's goal of lowering CO2 emissions by 20% by 2030

04.02.2021 Finance , Projects , Renewable , General

Renewables overtake fossil fuels in Europe in 2020

- Europe's electricity in 2020 was 29% cleaner than 2015 with carbon dioxide per KWh dropping to 226 grams from 317 grams

26.01.2021 Finance , Renewable , Energy Projects , Europe

Europe orders record 15 GW of new wind turbines in 2020

- Despite ongoing COVID-19 pandemic, both onshore and offshore orders showed increases in European sales

26.01.2021 Finance , Renewable , Europe , General

EBRD to give €26M to build new wind farms in Poland

- Total planned capacity of farms is 51.4 MW, and when built will prevent 126,000 tonnes of carbon dioxide annually

20.01.2021 Finance , Renewable , General

Denmark leads zero-emission urban buses in Europe

- Zero-emission urban buses help combat air pollution, tackle climate change and reduce noise

17.01.2021 Renewable , Finance , Renewable , General

Equinor chosen for largest-ever US offshore wind award

-With this award, Equinor and incoming strategic partner BP will provide 3.3 gigawatts of power to New York State

15.01.2021 Finance , Wind , Renewable , General

US renewable energy installation set to grow in 2021

- Solar energy will account for the largest share of new capacity at 39%, followed by wind at 31%

13.01.2021 Finance , Renewable , Americas , General

Good infrastructure, incentives key for Turkish EV sales

- Consequences of novel coronavirus (COVID-19) pandemic will affect the numbers of individual car ownership

12.01.2021 Electricity , Finance , Renewable , Energy Projects

Enel, QIA form JV for renewables in Sub-Saharan Africa

- Solar and wind power plants in Sub-Saharan Africa to generate 800-megawatt capacity

11.01.2021 Finance , Renewable , Middle East-Africa , General

Germans want more clean energy: YouGov report

- Clean energy generated more than half of Germany's electricity mix in 2020 and most Germans are in favor of more expansion

11.01.2021 Finance , Renewable , Energy Projects , General

Belgium's renewable generation up 31% in 2020

- Average monthly price on the day-ahead market sees historic low of €31.9/MWh

08.01.2021 Renewable , Energy Security , Europe

2020 sees big developments in Baltic Sea offshore wind

-Poland, Germany, Denmark, Sweden, Finland, Lithuania, Estonia and Latvia sign declaration to boost offshore wind energy

09.01.2021 Finance , Wind , Renewable , Europe

EC gives €5M funding for combined wind/hydrogen project

- Multinational consortium and recipient of funding plan to start combined wind turbine and electrolyzer project in 2021

09.01.2021 Finance , Wind , Renewable , General

Oil up on US inventory fall, UK vaccine approval

- Commercial crude oil stocks decrease by 6.1 barrels against market expectation of 2.1-million barrel fall

01.01.2021 Oil , Oil , International Organization

Solar energy in EU sees 2nd highest rate in history

- EU's Green Deal that aims for climate neutrality in 2050 was instrumental in helping the growth of solar

23.12.2020 Finance , Renewable , Europe , General

Vestas invests in CIP to enrich renewable value chain

- Vestas will invest in new "Energy Transition Fund" focusing on new technologies, managed by CIP as anchor investor

22.12.2020 Finance , Wind , Renewable , Europe , General

Spot market electricity prices for Friday, Dec. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.28 million Turkish liras

03.12.2020 Finance , Electricity , Turkey , General

24/7 power with Turkey’s new mobile monitoring system

- Mobile SCADA system enables control of distributors' power grids during natural disasters and terror attacks

04.12.2020 Electricity , Electricity , World , Turkey

COVID-19 pandemic deepens energy efficiency slowdown

- Energy efficiency’s weakest progress in decade threatens international climate goals, according to IEA report

03.12.2020 Finance , Renewable , International Organization , Energy Projects , World

G20 needs to ramp up targets to tackle climate crisis

- COVID-19 recovery spending for coal, oil and gas risks reversing positive trends seen before pandemic

19.11.2020 Renewable , Renewable

Pope Francis congratulates Biden on election win

- Incoming US second Catholic president has common goals with pope to find unity, climate change solutions

13.11.2020 Renewable , Energy Security , Energy Projects

Eni to use artificial light technology to trap CO2

- Pilot could allow a plant with a 1 hectare footprint to produce 500 tons of biomass per year, trapping 1,000 tons of CO2

13.11.2020 Renewable , Energy Projects , Europe

Two-degree pathway could hugely reduce gas investments

-Wood Mac. advises sustainability investments, competitiveness boosting and embracing new capital sources to reduce emissions

13.11.2020 Natural Gas , Finance , Renewable

G20 backtracks on fossil fuel funding phase-out

- G20 governments' fossil fuels support is likely to trend upwards via COVID-19 recovery programs this year, new study finds

11.11.2020 Finance , Coal , Renewable , General

Key changes expected in US energy and climate policy

- Clean energy and climate change are expected to be main pillars of Biden administration's policy

11.11.2020 Renewable , Americas

Renewables defy COVID-19 with record growth of 4%

- Net renewable capacity additions will account for 90% of total power capacity additions this year, new IEA report says

11.11.2020 Finance , Renewable , International Organization , World

Israel to use only renewables and natural gas by 2030

- Country will increase renewable capacity, particularly solar, and phase out coal capacity by end of 2025, top official says

05.11.2020 Natural Gas , Renewable , Middle East-Africa

Pandemic reveals importance and reliability of LPG

- LPG industry's reputation has been enhanced, says managing director of World LPG Association

02.11.2020 Lng/Lpg , LPG , General

Statkraft acquires London-based Solarcentury

- Transaction comprises 100% share acquisition of Solarcentury Holdings and its subsidiaries

02.11.2020 Finance , Solar , Renewable , Europe , General

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

- Electricity exports amount to 11,750 megawatt-hours while imports reach 632 megawatt-hours

25.10.2020 Electricity , Natural Gas

Asia’s power production to be renewable-reliant by 2050

- Electricity generation will more than double in Asia due to economic growth and rising incomes, says US Energy Info. Admin.

15.10.2020 Renewable , Energy Projects , Asia

EU votes in favor of 60% emissions cut by 2030

- Members of the European Parliament also urge for interim 2040 target to ensure EU is on track for carbon neutrality by 2050

09.10.2020 Renewable , International Organization , Energy Projects , Europe

Climate goals virtually impossible w/out carbon capture

- Technologies to capture and store carbon emissions need to accelerate significantly to meet Paris Agreement goals

25.09.2020 Renewable

EC proposes 55% target for emissions by 2030

-New proposal is more ambitious than Commission's current goal of 40%

16.09.2020 Renewable , Energy Diplomacy , Europe , General

Clean energy tech needs to rise to meet climate goals

- Transforming power sector alone will only get world one-third of way to net-zero emissions, IEA report says

10.09.2020 Electricity , Renewable , International Organization

Fitch reduces oil price forecast due to higher supply

- Brent oil price for 2020 is revised down to average $50 a barrel, and long-term Brent price to $53 a barrel

10.09.2020 Oil , Oil , International Organization , World

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

- Electricity exports amount to 3,624 megawatt-hours while imports reach 1,225 megawatt-hours

09.09.2020 Coal , Electricity

Sudan: Flashpoint Ethiopian dam not related to floods

- Sudanese authorities evacuate 43 villages because of flood that claimed at least 100 lives

09.09.2020 Electricity , Energy Projects , Middle East-Africa

Spot market natural gas prices for Thursday, Aug. 27

- 1,000 cubic meters of natural gas on spot market costs 1,309 Turkish liras

29.08.2020 Natural Gas , Renewable , Turkey

Solar, wind on path to replace global coal generation

- Countries are on same path building wind turbines and solar panels to replace electricity from coal, EMBER stated

26.08.2020 Finance , Coal , Wind , Solar , Renewable

Russian Lukoil starts Chashkino gas-turbine power plant

- Plant will use 50 million cubic meters annually of associated petroleum gas produced at Lukoil fields in Perm region

21.08.2020 Natural Gas , Natural Gas , Europe , Eurasia

S. Arabia, Iraq discuss efforts to stabilize oil market

- S. Arabian energy min. and Iraqi PM stress compliance to OPEC+ pact, and compensation mechanism to meet targeted production

21.08.2020 Downstream , Oil , Middle East-Africa

US crude oil inventories fall for week ending Aug. 14

- Commercial crude oil stocks fall by 1.6 million barrels, less than market forecast of 2.7 million barrel decrease

21.08.2020 Oil , Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkey's daily power consumption up 2.6% on August 18

- Turkey's electricity exports amount to 4,588 megawatt-hours, while imports reach 1,259 megawatt-hours

19.08.2020 Electricity , Electricity

Gazprom posts 26% loss in 1H20

- Company's natural gas exports to Turkey decreased by 42% to 4 billion cubic meters

14.08.2020 Natural Gas , Natural Gas , World , Europe , Eurasia

Trump scraps Obama methane limits in oil, gas sectors

- Decision is a major setback in climate regulations as methane is more potent than CO2 as heat-trapping gas in atmosphere

14.08.2020 Natural Gas , Energy Security , Americas

Brent oil prices down amid global pandemic crisis

- New Zealand has confirmed 14 local cases of virus after 102 days

14.08.2020 Oil , Upstream , Oil , World , Americas

Offshore wind capacity increases record highs in 2019

- Offshore wind installations have grown from 3.4 GW in 2015 to 6.1 GW 2019, says Global Wind Energy Council

12.08.2020 Wind , Renewable , World

Brent oil up with estimated decline in US crude stocks

- Forecast of US crude inventory fall signals increase in US oil consumption

12.08.2020 Oil , Oil , Europe , Eurasia , Asia , Americas

Spot market electricity prices for Tuesday, August 11

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 182.06 million Turkish liras

10.08.2020 Electricity , Thermal , Electricity

Iraqi central government to import electricity from KRG

-Move comes after protests against energy shortages in Baghdad and other southern provinces throughout summer

10.08.2020 Electricity , Middle East-Africa

Spot market electricity prices for Saturday, August 8

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 176.34 million Turkish liras

08.08.2020 Electricity , Electricity , Turkey

Spot market natural gas prices for Thursday, August 6

- 1,000 cubic meters of natural gas on spot market costs 1,395 Turkish liras

08.08.2020 Natural Gas , Natural Gas , Turkey

Oil prices up as US oil inventories fall

- Weakening dollar index raises oil prices making oil cheaper for foreign exchange holders

07.08.2020 Oil , World , Americas , Middle East-Africa

US crude oil inventories post sharp fall

- Commercial crude oil stocks fall by 7.4 million barrels, exceeding market forecast of 3 million barrel decrease

07.08.2020 Oil , World , Europe , Americas , Middle East-Africa

Oil prices up amid increasing concerns in Middle East

- Tensions in Lebanon have sparked uncertainty about oil supply in Middle East, world's largest oil producing region accounting for around 15% of global outpu

06.08.2020 Upstream , Oil , Europe , Americas , Middle East-Africa

Poland's anti-monopoly watchdog fines Gazprom

- UOKIK sanctions Gazprom, Engie Energy, Uniper, OMV, Shell and Wintershall

05.08.2020 Natural Gas , International Organization , Europe

Spot market electricity prices for Thursday, July 30

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 161.8 million Turkish liras

30.07.2020 Electricity , Electricity

Spot market natural gas prices for Tuesday, July 28

- 1,000 cubic meters of natural gas on spot market costs 1,387 Turkish liras

30.07.2020 Lng/Lpg , Natural Gas

Renewables topple fossil fuels in Europe in 1H20

- Renewables generate 40% of electricity in 27 European countries while fossil fuels produce 34%

28.07.2020 Hydro , Renewable

Spot market natural gas prices for Wednesday, July 22

-1,000 cubic meters of natural gas on spot market costs 1,270 Turkish liras

24.07.2020 Lng/Lpg , Natural Gas

Canada's oil production hits lowest level since 2016

- Oil production falls by 700,000 barrels per day in April, and by another 640,000 barrels per day in May

20.07.2020 Upstream , Oil , International Organization , Americas

Germany says Iran nuclear talks are in 'decisive phase'

Iran says US reconciled to lift oil, shipping sanctions

Iran nuclear talks in Vienna end with agreement still elusive

Israeli new FM vows to prevent Iran from becoming nuclear power

Turkey's daily power consumption up 2.97% on July 16

Spot market electricity prices for Tuesday, July 13

Turkey's daily power consumption down 7.96% on July 11

Spot market electricity prices for Saturday, July 10

Spot market electricity prices for Sunday, July 18

Strong rebound in global electricity demand drives record coal-fired generation

Five Asian countries plan 80% of new coal endangering climate targets

Turkey's energy import bill up 143.8% in May 2021

Eni announces oil discovery in Western Desert of Egypt

US produces, consumes record high natural gas in 2019

Nigeria's president launches new gas pipeline project

OPEC holds first technical meeting with gas exporters

Spot market natural gas prices for Thursday, July 1

Spot market natural gas prices for Monday, March 8

Spot market natural gas prices for Sunday Aug. 23

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Thursday, July 8

Spot market natural gas prices for Wednesday, May 5

Spot market natural gas prices for Monday, May 3

Spot market natural gas prices for Tuesday, April 27

Turkey's liquefied petroleum gas imports up 12.2% in May

Spot market natural gas prices for Friday, July 16

Algerian LNG vessel arrives in Turkey

Algerian LNG vessel to arrive in Turkey on July 9

Oil prices up by over 2% for week ending April 2

Indonesia's Balongan refinery rocked by massive blast

ExxonMobil makes first discovery offshore Suriname

Rosneft income falls 77%, revenue down 51% in 2Q20

Oil prices down after rise in US oil inventories

US oil rig count rises by 2 for week ending Jan. 22

ExxonMobil makes first discovery offshore Suriname

US oil rig count rises by four for week ending Oct. 9

Aramco, SABIC to realign petchems & fuel product sales

Turkey, TRNC ink oil, electricity cooperation protocols

Oil prices rally over demand recovery optimism

Oil prices up by over 2% for week ending April 2

Lebanon inks deal to import 1 million tons of fuel from Iraq

Israel bans entry of fuel for Gaza power plant

Dutch fuels bound for Africa contain harmful substances, inspectors warn

Turkey's energy import bill up 20.8% in March 2021

Need for skilled workforce for Turkey's rapidly growing wind sector

Gap between clean energy targets and actions grows alarmingly

Study finds world's solar, wind potential 50 times more than energy demand

EC approves €22.5 billion Polish scheme for offshore wind farms

Solar Age Program to empower Syrian women in Turkey

Turkey's latest solar tender to generate 6 billion Turkish liras of investment

Gap between clean energy targets and actions grows alarmingly

Turkey finalizes first phase of Turkey's biggest solar power plant

Hydropower in Turkey lags behind growth in renewables

Global hydropower growth set to slow significantly putting climate goals at risk

Hydro provides majority of Norway's power in March

BP plans UK’s largest hydrogen project

Geothermal and hydropower need more attention: IEA head

Europe needs to build more wind farms for climate goals

Turkey in top 4 countries with geothermal capacity

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

Turkey unveils Economic Reform Action Plan

BP plans UK’s largest hydrogen project

US warns entities to abandon Nord Stream 2 gas pipeline

Turkey announces landmark new economic reform package

European Investment Bank signs advisory agreement with Hydrogen Europe

Shovel-ready renewable projects in Turkey to create 110,000 new jobs

EBRD announces full Paris Agreement alignment by end of 2022

LNG sector faces delays to 26 export terminal projects globally