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IEEFA: Long-term oversupply expected in global LNG markets
According to the Global LNG Outlook report by the International Energy Economics and Financial Analysis Institute (IEEFA), major LNG importing…
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TEMSAN engineers developed a compact mini hydroelectric power plant (HPP)
Engineers working at Turkey Electromechanical Corporation (TEMSAN), a subsidiary of the Ministry of Energy and Natural Resources, have developed a…
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Global renewable energy capacity increased by 52 percent in 5 years
With the increasing trend towards clean energy sources worldwide, the capacity of renewable energy projects reached 3,869 gigawatts last year,…
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Turkish hydrogen market will open new doors in exports
In the 13th session of the Istanbul Chamber of Industry’s (ISO) Green Agenda Talks initiated within the framework of its…
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Global gas production is expected to reach 5.3 trillion cubic meters by 2050
According to the “2050 Outlook” report by the Gas Exporting Countries Forum (GECF), the Middle East became the largest holder…
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BP and ADNOC Suspend $2 Billion Stake Acquisition Offer to Israeli NewMed
In a recent development, BP and the Abu Dhabi National Oil Company (ADNOC) have reportedly suspended their planned acquisition of…
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Saudi Arabia, Algeria, and Kuwait Extend “Voluntary Cut” in Oil Production for Another 3 Months
The Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ group, comprising some non-OPEC producer nations, have announced the…
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