Fossil fuels

Gas leak kills teen in family home, sisters critical

A 16-year-old boy has died from suspected gas poisoning in his home in Magiko, Xanthi, in northern Greece, while his sisters, aged 15 and 18, remain in critical condition. The incident occurred after the family was reportedly exposed to a gas leak, possibly from a newly installed propane system or carbon monoxide.

Wealthy nations pledge 'no new coal' at COP29

Twenty-five countries at the COP29 climate summit Wednesday pledged not to build any new unabated coal-power plants, in a push to accelerate the phaseout of the highly polluting fossil fuel.

The United Kingdom, Canada, France, Germany and major coal producer Australia were among the list of mainly wealthy developed economies to sign the voluntary pledge in Azerbaijan.

1 ton of oil flows to sea surface per day in Rize

Analysis of samples taken off an oil leakage on the coast of Rize in the Black Sea region has confirmed the presence of crude oil.

Upon the reports of an oil leakage, geological engineer Professor Dr. Nafiz Maden set sail in September to collect samples to determine whether oil reserves are present in the Eastern Black Sea.

Electricity and natural gas prices hiked

Authorities have announced hikes in electricity and natural gas prices for households as well as industrial users.

The Energy Market Regulatory Authority (EPDK) said in a statement that electricity prices for households and industry were increased by 15 percent and 25 percent, respectively.

The new tariffs took effect as of June 1.

Europe is financing Putin's War in Ukraine at 200,000 Euros a Minute

Russia has sold fossil fuels worth 46.6 billion euros to European Union countries since the start of the war in Ukraine on February 24 this year, according to the Finnish-based Center for Energy and Clean Water Research (CREA). In fact, since the start of hostilities, despite talks about a possible energy embargo, Russia's revenue from selling them has doubled.

Natural gas prices hiked

Natural gas prices have been increased and are effective as of April 1, the Petroleum Pipeline Corporation (BOTAŞ) has announced, citing rising costs.

According to the statement the state-owned company released, natural gas prices for households and industrial facilities were hiked by 35 percent and 50 percent, respectively.

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