OMV closes divestment of Samsun power plant

07/09/2018 09:24 Energy

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Austria's OMV said that it closed the sale of MV Samsun Elektrik Uretim Sanayi ve Ticaret AS, (OMV Samsun Electric Production, Industry and Trade) - a natural gas combined cycle plant located in the Samsun province in Turkey's Black Sea region to Turkish Bilgin Enerji.

According to the announcement, the transaction was signed on May 30, 2018.

 

Yapisan Elektrik Uretim AS, a subsidiary of Bilgin Enerji, based in the Turkish capital Ankara conducted the purchase process on behalf of its parent company.

 

The plant started operations in 2013, and its current capacity meets approximately 3 percent of Turkey's total power demand.

Source: aa.com.tr

Daily (11.10.2018): WTI crude dropped by 2.4% on Wednesday as forecasts for lower economic growth curbed the demand for oil

11/10/2018 11:01:00

Oil crude prices slipped on Wednesday as the International Monetary Fund (IMF) mitigated its global growth projections in its latest World Economic Outlook report, reducing the demand for oil. However, the losses were capped as Hurricane Michael led to the shutdown of roughly 40% of Gulf of Mexico’s crude oil production. Brent crude closed at $83.09 a barrel, representing a 2.3% loss. WTI crude tumbled by 2.4% to settle at $73.17 a barrel.

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World Bank will not support new coal power plant in Kosovo

11/10/2018 09:03:00

President of the World Bank Group Jim Yong Kim confirmed that the international organization will not support a coal power plant in Kosovo.

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Novatek Announces Major Offshore Gas Find in Russian Arctic

11/10/2018 08:58:00

Russian gas and LNG firm Novatek announced Wednesday that it has found a major new gas field in the Gulf of Ob, just off the Yamal Peninsula in the Russian Arctic.

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