A 2012 Energy Forecast For Turkey: Heading Down A Tried-And-False Path

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Increasingly smoggy skies are in store for Turkey if it follows the energy paths predicted. A mostly dismal list of 2012 predictions that recently appeared in the Eurasia Review, courtesy of Haluk Direskeneli, an energy analyst, consultant, and member of the Chamber of Mechanical Engineers in Ankara, Turkey’s capital city. Low investor interest in alternate fuels and […]

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Israel’s Geothermal Giant Ormat Signs Deal For Solar In California

Israel’s Geothermal Giant Ormat Signs Deal For Solar In California It already has an international presence, but Israel’s Ormat Industries (NYSE: ORA) just made its global presence a little brighter: On December 21, Ormat’s US subsidiary Ormat Technologies announced that it will be developing its very first 10 megawatt solar photovoltaic (PV) farm near one […]

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Turkish Energy Analyst Says Biggest Emitters Avoided Durban Commitments

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The countries that emit the most greenhouse gases only agreed to “vague, fragile” reduction targets at the recent climate change conference in Durban, according to Özgür Gürbüz, who was present at the conference. For MENA countries, there are some bright spots in the outcome of the most recent United Nations Framework Convention on Climate Change (COP17) […]

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Trick or Tweet? Saudi Prince Buys $300 Million Stake in Twitter

Arabic is the fastest growing language on microblogging site Twitter, with a 2000 % increase in Arabic postings logged over the past 12 months. This week Saudi billionaire Prince Alwaleed bin Talal’s Kingdom Holding Company (KHC) announced a $300 million investment in social media site, Twitter. This isn’t radical corporate evolution: apparently the shares were […]

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Milken Institute: Israel’s Offshore Gas Bonanza Both An Opportunity And A Risk

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Israel’s natural gas wells could lead to an unsustainable shekel. Although the revolution in Egypt this past spring threatened Israel’s gas supply from the south, Israel took relief in its newly discovered Tamar and Leviathan gas fields deep beneath the Mediterranean Sea, estimated to produce tens of billions of cubic feet of natural gas. But even […]

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