ENERGY AGENDA NEWS HABERLERİ

European Parliament Calls for Nord Stream 2 Construction to be Cancelled

The European Parliament has called for the construction of the Nord Stream 2 pipeline to be cancelled. This is according to the resolution adopted by the European Parliament on Wednesday following the report on the Implementation of the EU-Ukraine Association...

CNPC Suspends Investment in Iran’s South Pars

China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said. South...

IEA Revises Downward Non-OPEC Supply Growth Forecast for 2019

In its latest monthly oil market report, the International Energy Agency has revised its 2019 non-OPEC supply growth forecast down by 415,000 b/d to 1.5 million b/d, partly due to expected cuts from Russia agreed last week, and to lower growth in Canada. “By...

UK Announces $126 Million of Funding For Renewable Energy in Africa

The U.K. government has announced £100 million ($126.11 million) of extra funding for renewable energy projects in Africa. The money will be used to support the Renewable Energy Performance Platform (REPP), which was set up in 2015 and supported by £48...

Middle East: Nuclear Power’s New Horizon

Alexander Voronkov SAUDI ARABIA’s adoption of the Vision 2030 strategy, whose goal is to reduce dependence on fossil fuels, was one of the boldest attempts by any Middle East nation to move towards a low-carbon economy, and, with its ambitious plans...

Spain Unveils Ambitious Green Energy Plan

As delegates convene at UN-backed climate talks in Poland this week, the Spanish will have a new trophy in hand: a renewable energy plan that seeks to reverse years of rising emissions. Spain’s proposals, set to be adopted by the cabinet in coming...

EU Unveils Proposal to Bring It’s Emissions to Zero by 2050

The European Union today unveiled a strategy to get its contribution to global climate change down to zero in just 30 years. The EU would be the first major economy to reach such a milestone. However, the proposal faces several hurdles as it makes its...