Green Car Congress
JUNE 28, 2021
Turkey has begun work on Canal Istanbul , a $15-billion canal project intended to relieve pressure on the Bosphorus Strait, with the ground-breaking for the first bridge. Both waterways are located in Turkey and supply Western and Southern Europe with oil from Russia and the Caspian Sea region.
Green Car Congress
OCTOBER 26, 2017
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. bank Citi said.
Green Car Congress
DECEMBER 31, 2011
Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.
Green Car Congress
MARCH 9, 2016
million contract with Tersan Shipyard in Turkey. The contract is to supply a Liquefied Natural Gas (LNG) propulsion package for a cargo carrier designed by NSK Ship Design for Norwegian shipowner NSK Shipping. Bergen gas engines deliver a significant reduction in fuel and lubrication oil consumption.
Green Car Congress
JANUARY 3, 2014
An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8
Green Car Congress
JUNE 20, 2012
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Unless addressed, pipeline security issues will impede investment in Turkey, Bartis suggested. Earlier post.).
Green Car Congress
JANUARY 11, 2013
Sweden-based White Smoke Shipping, together with Delta Marine and Omega Marine of Turkey as well as Frederiet AB and Crew Chart Ship Management of Sweden, has developed the WS3 project—a vessel designed for the growing LNG bunkering market of the North European ECA (Emission Control Areas) with special focus on the Baltic sea.
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