Turcas, known for its investments in the Fuel and Energy sectors, announced its 2023 fiscal year The Ordinary General Assembly Meeting was  held at Kalyon Hotel on Wednesday, May 15th. 2024

Turcas Chairman of the Board of Directors Erdal Aksoy, CEO and Board Member Batu Aksoy, Deputy Chairman of the Board of Directors Banu Aksoy, Board Member Timuçin Tecmen, Independent Board Member Emre Derman, new Board member Markus Christian Slevogt senior managers and shareholders attended the meeting.

Few Breezes Of Cigdem Yorgancioglu For Turcas 2023 Activity Report | Devamı>>>

Shell (SHEL.L) said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing interest in biogas.

Reuters had reported last month Shell was among a number of companies joining a second bidding round to acquire the Denmark-based company.

Nature Energy, which operates 12 biogas plants in Denmark and one in France and has others in the pipeline, confirmed the deal in a separate statement.

Shell to Buy Danish Firm Nature Energy for Nearly $2 billion | Devamı>>>

NYTEX® BIO 6200 is one of the most important sustainability products right now.

Important feature of Nynas’ strategy for continued global growth is the launch of products that support their customers’ long-term sustainability work. This is true not least of the bio-based tyre oil NYTEX BIO 6200, the result of many years’ intensive R&D work.

“NYTEX BIO 6200 offers significant and measurable contributions to sustainability, while not compromising, and in some cases improving, technical performance in tyre and rubber applications,” says Dr Kamyar Alavi, Senior Specialist Nynas Naphthenics.

The Future Looks Bright For Nynas Bio-Based Tyre Oil | Devamı>>>

Europe needs to ramp up efforts to cut its dependency from Russian fossil fuel imports in the face of the latest crisis, German Chancellor Olaf Scholz said in Brussels on Friday.

“All together, we are very, very well prepared for the difficult challenge linked to Russian fossil fuel imports,” he told reporters as he arrived for the second day of an EU summit.

He said this was the reason why the bloc had not only imposed sanctions on Russian coal and oil at an early stage, but had as well worked on adjusting its infrastructure in a way that European countries can import gas from other countries, too.

EU Must Speed Up Efforts to Get Independent from Russian Fossil Fuel | Devamı>>>

Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World Energy 2022 on Tuesday.

Primary energy in 2021 grew by its largest amount in history, with emerging economies accounting for most of the increase, according to BP’s closely-watched energy review.

Primary energy grew by 31 EJ in 2021, the largest increase in history and more than reversing the sharp decline in energy consumption seen in 2020.

World Energy Demand Jumped Above Pre-COVID Levels In 2021 | Devamı>>>

The International Energy Agency said that world oil demand will increase by more than 2% in 2023, reaching a record level of 101.6 million barrels per day (bpd).

The Paris-based IEA also said in its monthly report that supply was restricted due to the sanctions imposed by Russia over its invasion of Ukraine. “Economic fears remain as various international institutions have recently reflected negative outlooks,” the IEA said.

Global Oil Demand Set to Rise 2% to New High in 2023, Says IEA | Devamı>>>

Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday.

While Eurostat says renewables topped the list in the first year of the coronavirus pandemic, the economic recovery saw the region’s electricity supply increase by 4% in 2021, with coal, oil and gas.

Fossil Fuels Surpass Renewables as EU’s Top Power Source | Devamı>>>

Manufacturing, electricity, and oil and gas organizations around the world are experiencing a digital transformation that is leading to increasingly interconnected IT and OT environments.

Some organizations are looking to leverage new technology, such as cloud and 5G network, to accelerate this transformation. On the other hand, incorporating new technologies into their systems expands attack surface and leads to new risks.

As cyberattacks continue to evolve, ensuring cybersecurity defenses are resilient is paramount to keeping critical operations safe from delays and damages.

Cyber Attacks on Industrial Assets Cost Millions of Dollars | Devamı>>>

Rigorously tested and approved for use in market-leading Buchholz relays, Nynas’ NYTRO® BIO 300X transformer liquid offers a more sustainable cooling solution.

Following a long and comprehensive evaluation programme, Elektromotoren und Gerätebau Barleben (EMB), the market-leading German manufacturer of Buchholz relays, has approved the use of Nynas’ new bio-based transformer fluid NYTRO® BIO 300X in the company’s products. This renewable and biodegradable transformer liquid has been shown to work safely and correctly at all temperatures with the full range of designs and sizes of Buchholz relays.

Thumbs-Up for Bio-Based Transformer Liquid | Devamı>>>

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and the resurgence of the Omicron coronavirus variant in China.

The Organization of the Petroleum Exporting Countries (OPEC) said in a monthly report that world demand will increase by 3.36 million barrels per day (bpd) in 2022 from its forecast by 310,000 barrels of war.

OPEC Cuts 2022 World Oil Demand Forecast Again on Ukraine War | Devamı>>>

The European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with a switch to alternative gas supplies, draft documents show.

The draft measures, which could change before they are due to be published next week, include a mix of EU laws, non-binding schemes, and recommendations national governments could take up, including by revising their plans to spend the EU’s huge COVID-19 recovery fund to free up more funding for the energy transition.

EU Readies 195 Billion Euro Plan to Quit Russian Fossil Fuels | Devamı>>>

OPEC on Tuesday cut its forecast for growth in world oil demand in 2022 citing the impact of Russia’s invasion of Ukraine, rising inflation as crude prices soar and the resurgence of the Omicron coronavirus variant in China.

In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) said world demand would rise by 3.67 million barrels per day (bpd) in 2022, down 480,000 bpd from its previous forecast.

OPEC Cuts 2022 World Oil Demand Forecast Due to Ukraine War | Devamı>>>