Leak raises questions about Akkuyu deal

Leak raises questions about Akkuyu deal

Documents from Panama-based Mossack Fonseca, the firm behind the Panama Papers scandal in 2016, suggest a pro-Turkish-government construction conglomerate owner Mehmet Cengiz made a US$15-million deal with a firm based in the British Virgin Islands in order to purchase shares in Turkey’s first nuclear power station, according to Cumhuriyet. The independent Turkish newspaper is the […]

By Energy Reporters |
EU blunders on biomass: study

EU blunders on biomass: study

The European Union’s climate commissioner declared this week that the bloc could make bigger greenhouse-gas cuts than it pledged under the 2015 Paris climate agreement but environmentalists are warning that the EU’s renewable energy policy fails to account for the impact of burning wood to generate power. By classifying biomass, such as wood pellets used […]

By Energy Reporters |
Erdogan promises third nuclear plant 

Erdogan promises third nuclear plant 

Turkey’s president Recep Tayyip Erdogan has promised a third nuclear power station to increase energy security as the strongman leader faces a tougher than expected campaign ahead of Sunday’s election.  During a social media broadcast with young voters, Erdogan said he would build another two nuclear power stations in addition to the site at Akkuyu […]

By Energy Reporters |
Norway looks to replicate Hywind

Norway looks to replicate Hywind

The energy minister of Norway has been in discussions over the construction of a floating, offshore wind farm, like the Hywind project pioneered by Norway’s Equinor off the Scottish coast.  Minister Terje Søviknes said he hoped to have a proposal ready by the autumn. In wind power, Norway had the capacity to generate 3.6 terawatt […]

By Energy Reporters |
Experts
Production
Leak raises questions about Akkuyu deal

Leak raises questions about Akkuyu deal

Documents from Panama-based Mossack Fonseca, the firm behind the Panama Papers scandal in 2016, suggest a pro-Turkish-government construction conglomerate owner Mehmet Cengiz made a US$15-million deal with a firm based in the British Virgin Islands in order to purchase shares in Turkey’s first nuclear power station, according to Cumhuriyet. The independent Turkish newspaper is the […]

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Transmission
France energy exports to UK rise 

France energy exports to UK rise 

British reliance on importing French power has increased by almost a quarter during 2018 in further evidence of Britain’s energy supplies crisis as its Brexit deadline looms. UK energy prices are now around a fifth higher than they were this time last year on the wholesale market while French nuclear power stations have created cheap […]

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Storage
Siemens to use ammonia in battery study 

Siemens to use ammonia in battery study 

A chemical compound used to increase crop yields could help boost battery efficiency as German manufacturing giant Siemens looks to open a £1.5-million project in the UK to use ammonia in a new form of energy storage. The industrial firm hopes to prove that ammonia, a compound of nitrogen and hydrogen, could replace lithium-ion batteries […]

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Consumption
Gazprom signs $1.2bn Bolivia deal 

Gazprom signs $1.2bn Bolivia deal 

Russian state-run gas monopoly Gazprom has committed to invest US$1.2 billion in exploration and production at the Vitiacua onshore field in southern Bolivia.  “This contract will mean an investment by Gazprom of US$1.2 billion, the drilling of two exploratory wells, six development wells, adding a total of eight wells, with a maximum production of 400 […]

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Policy
Ukraine tries to seize Gazprom UK assets 

Ukraine tries to seize Gazprom UK assets 

Ukraine and Russia are in disagreement again, with Naftogaz handing Gazprom an order to freeze assets in England and Wales. Ukrainian Naftogaz said the commercial court in London issued the order to enforce this year’s Stockholm arbitration ruling, which said that Gazprom owed Naftogaz US$2.6 billion. The ruling in Sweden was supposed to end a […]

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Environment
EU blunders on biomass: study

EU blunders on biomass: study

The European Union’s climate commissioner declared this week that the bloc could make bigger greenhouse-gas cuts than it pledged under the 2015 Paris climate agreement but environmentalists are warning that the EU’s renewable energy policy fails to account for the impact of burning wood to generate power. By classifying biomass, such as wood pellets used […]

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Industry
Le Maire plays down Iran hopes 

Le Maire plays down Iran hopes 

Most French companies will find it impossible to continue doing business in Iran after the US imposes sanctions, France’s Finance Minister Bruno Le Maire said today (Tuesday).  French energy giant Total and carmaker PSA, which includes Peugeot and Citroen, have said they are unlikely to stay in Iran. Renault has said it will remain despite […]

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Opinion

Biblical Proportions: The Pope, Paris, and Energy Justice

Environment

Since his ascension in 2013, Francis has rebelliously wielded the power of the papacy in in new and groundbreaking ways. But in early June, he may have embraced his most important cause yet, going all-in on arresting climate change. Inviting some 50 CEOs of major oil and gas companies to the Vatican, the Pope called […]

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Turkey’s first drilling vessel heads to Mediterranean

Opinion

On the morning of May 31, Turkey took a new step in the complex dispute over gas: its first offshore drilling vessel – not an exploratory one – left the Dilovası Beldeport Port in the eastern Marmara Sea en route to explore a gas well off the coast of Antalya on Turkey’s southern coast. The […]

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