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Qatar to boost global LNG lead with $20 bln. ship deal

- Korean firms will build more than 100 ships for Qatar Petroleum

03.06.2020 Finance , Lng/Lpg , Middle East-Africa , General

Siemens to supply 497 MW wind turbines to France

- The start of plant operations is scheduled between the end of 2021 and early 2022

02.06.2020 Renewable , Finance , Wind , Energy Projects

Turkish university to produce lithium-ion batteries

- Battery project will be supported by EU research and innovation funding program Horizon 2020

02.06.2020 Electricity , Projects , Energy Projects , Turkey

Oil up as market eyes OPEC for extended production cut

- OPEC+ nations expected to extended oil output cut through July or August

02.06.2020 Upstream , Stock Market , International Organization , Europe , Asia , Americas

Libya oil production comes to halt, affects economy

- Militia leader Haftar closes oil facilities in central, eastern Libya to hurt economy and put pressure on Tripoli

02.06.2020 Oil , Stock Market , Oil , Middle East-Africa

Brent oil price up with further OPEC output cut hopes

- OPEC+ nations expected to discuss whether production curb in second half of 2020 should be deepened in face of weak demand

01.06.2020 Upstream , Stock Market , International Organization , Americas

Turkey opens 2 more emergency hospitals in Istanbul

- Emergency hospitals opened in country to fight virus, 'exemplary model', says Turkish president

01.06.2020 Finance , Projects , Turkey , Asia

Spot market electricity prices for Monday, June 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 120.52 million Turkish liras

01.06.2020 Electricity , Finance , General

Spot market natural gas prices for Friday, May 29

- 1,000 cubic meters of natural gas in spot market costs 1,460 Turkish liras

30.05.2020 Natural Gas , Finance , Turkey

Spot market electricity prices for Sunday, May 31

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 68.24 million Turkish liras

31.05.2020 Electricity , Finance , Turkey

Turkey will not allow uncertainty in Libya: Turkish VP

- 'Any uncertainty within region costs Turkey, Turkish people' says Fuat Oktay

01.06.2020 Finance , Energy Diplomacy

Turkey's daily power consumption up 0.44 % on May 29

- Turkey's electricity exports amount to 4,827 megawatt-hours, while imports total 8,739 megawatt-hours

31.05.2020 Electricity , Finance

Turkey's energy import bill down 59.8% in April 2020

- Country's crude oil imports decrease by 1.1% in April 2020 compared to same month of 2019

30.05.2020 Oil , Projects , Stock Market , Energy Diplomacy , Turkey

Brent crude price up with decline in US gasoline stocks

- Fall in US gasoline inventories suggests consumer demand is picking up

29.05.2020 Downstream , Stock Market , Americas

EU Recovery Strategy to boost clean, green technologies

- Budget for 2021-27 and Recovery Fund of up to €1.85 trillion enshrines green transition as main driver of economic recovery

28.05.2020 Finance , Wind

Sustainable energy solution efforts need to scale up

- Countries must boost efforts to achieve affordable, reliable, sustainable and modern energy for all: Energy Progress Report

28.05.2020 Electricity , Finance , Renewable , World

Oil prices down as US-China tensions escalate

- On supply side, American Petroleum Institute estimates large crude oil inventory build of 8.7 million barrels

28.05.2020 Upstream , Stock Market , International Relations , Eurasia , Middle East-Africa

'Turkey seeking to end 2020 with growth'

- Country considers swap in context of trade in local currencies, finance minister tells country's national broadcaster

28.05.2020 Finance , Turkey , General

Full storage may bring negative gas prices to market

- Every producer needs to reduce supply once storage is full, says expert

27.05.2020 Natural Gas , Finance , Energy Diplomacy , Turkey , Europe , General

Morgan Stanley raises Brent forecast to $40 a barrel

- Rebalancing in oil market is mostly supply rather than demand-driven but it expects further tightening in market, firm says

28.05.2020 Upstream , Stock Market , Americas

SOCAR AQS opens 40 wells in Turkey's gas storage project

- Around $103 million will be invested for storage expansion at the Salt Lake Natural Gas Storage Facility

28.05.2020 Natural Gas , Finance , Energy Projects , Turkey

EU secures €60B investments to produce EVs, batteries

- Due to EU car CO2 targets, industry committed 3.5 times more EV and battery production in Europe than in China

27.05.2020 Electricity , Finance , Europe

COVID-19 to cause biggest global energy investment fall

- Global energy investments are expected to total $1.5 trillion this year marking a year-on-year drop of 20%, IEA report says

27.05.2020 Invesments

Oil prices down with oversupply, low demand

- Investors await gradual lifting of quarantine measures of major economies for uptake in global oil demand

27.05.2020 Downstream , Stock Market , Americas

Spot market electricity prices for Wednesday, May 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 100.4 million Turkish liras

26.05.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Monday, May 25

- 1,000 cubic meters of natural gas in spot market costs 1,464 Turkish liras

27.05.2020 Natural Gas , Finance , Turkey

Over 200 US firms file for bankruptcy amid low prices

- 'Loss of drilling revenue is more than $60 billion to the industry,' an expert in Houston says

27.05.2020 Oil , Finance , Downstream , Americas , Middle East-Africa

Oil prices up with higher oil demand expectations

- Softening of quarantine measures against COVID-19 expected to increase oil demand and push crude prices higher

27.05.2020 Oil , Finance , World

Turkey's daily power consumption down 0.65% on May 25

- Turkey's electricity exports amount to 5,534 megawatt-hours, while imports total 1,255 megawatt-hours

27.05.2020 Electricity , Finance , Turkey

World's deepest gold mine shut down due to COVID-19

- Global gold mining company AngloGold Ashanti says it temporarily halted operations on a voluntary basis

26.05.2020 Finance , Middle East-Africa

Spot market electricity prices for Tuesday, May 26

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 24.4 million Turkish liras

26.05.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Sunday, May 24

- 1,000 cubic meters of natural gas in spot market costs 1,459 Turkish liras

25.05.2020 Natural Gas , Finance , Turkey

Electricity industry calls policy makers for green recovery

- European recovery strategy should help accelerate the transition to a cleaner future, Eurelectric said

25.05.2020 Finance , Renewable , Europe

Turkey’s top diplomat marks Africa Day

- Africa Day is annual commemoration of foundation of African Union on May 25,1963

26.05.2020 Finance , Turkey , Middle East-Africa

Oil prices gain slight up with demand signs

- In the past ten weeks, the decline in US oil rig count totaled 446, according to the data

25.05.2020 Oil , Finance , Americas

Turkey's daily power consumption down 12.3% on May 24

- Turkey's electricity exports amount to 4,170 megawatt-hours, while imports total 2,665 megawatt-hours

25.05.2020 Electricity , Finance , Turkey

Spot market electricity prices for Monday, May 25

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 38.20 million Turkish liras

25.05.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Saturday, May 23

- 1,000 cubic meters of natural gas in spot market costs 1,475 Turkish liras

25.05.2020 Natural Gas , Finance , Turkey

Covid-19 drags Gulf States to economic, political doom

- Riyadh and Abu Dhabi have to reassess their policy in light of the economic crises they are facing, expert says

25.05.2020 Finance , Energy Diplomacy , Energy Projects , Middle East-Africa

Turkey's daily power consumption down 22.2% on May 23

- Turkey's electricity exports amount to 4,117 megawatt-hours, while imports total 4,541 megawatt-hours

25.05.2020 Electricity , Finance , Turkey

Spot market electricity prices for Sunday, May 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 9.32 million Turkish liras

23.05.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Friday, May 22

- 1,000 cubic meters of natural gas in spot market costs 1,472 Turkish liras

23.05.2020 Natural Gas , Finance , Turkey

Turkey's EXIST to launch products for nat. gas market

- Natural gas market participants can make transactions on weekly products, Energy Exchange Istanbul (EXIST) said

24.05.2020 Natural Gas , Finance

Turkey gets 5B TL for clean energy generation in April

- Under Renewable Energy Support Scheme, 817 facilities that produced 8.6 million MWh of electricity received financial aid

24.05.2020 Electricity , Finance , Renewable

Turkey's daily power consumption down 6.91% on May 22

- Turkey's electricity exports amount to 2,001 megawatt-hours, while imports total 5,792 megawatt-hours

24.05.2020 Electricity , Finance , Turkey

US oil rig count falls tenth week in a row

- In the past ten weeks, the decline in US oil rig count totaled 446, according to the data

24.05.2020 Finance , Downstream , Americas

Oil loses most of weekly gains with US-China tension

- World's two largest economies at forefront of global economic slowdown, weakening oil consumption

23.05.2020 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices down with lack of growth outlook in China

- China does not set economic growth target for 2020 amid "big uncertainties in economy and trade"

22.05.2020 Downstream , Stock Market , Energy Security , Asia

Turkey: External assets hit $233.8B in March

- Country's net international investment position improves to minus $314.7B in March

22.05.2020 Invesments , Turkey

Oil prices rise with fall in US crude inventories

- If quarantine measures against COVID-19 start to soften in June, crude demand is set to increase to push prices higher

22.05.2020 Oil , Finance , Americas

US crude oil stocks post second decline since January

- Commercial crude oil inventories fall for second time after 15 consecutive weeks of increases

22.05.2020 Oil , Refining/Petro Chemistry , Stock Market , Energy Projects , Americas

EBRD makes $55M loan to Turkey's Garanti BBVA

- Financing complemented by $50M loan from International Finance Corporation, says EBRD

21.05.2020 Invesments , Stock Market

Greek premier announces plan to revive economy, tourism

- Reducing taxes, supporting businesses hit by lockdown to be main benefits of government's plan, say officials

21.05.2020 Finance , Stock Market , Europe

Russia's oil export revenue falls 13.6% in 1Q20

- Country's oil exports decrease by 5.8% to 63.1 million tons in January-March period

20.05.2020 Finance , Eurasia , General

EU approves €550M Danish aid to support biomass plants

- Scheme is necessary to prevent switch of supported installations to fossil fuels, according to European Commission

20.05.2020 Renewable , Finance , Geothermal/Biomass , Europe

Oil prices down with coronavirus-related low demand

- Softening of quarantine measures against COVID-19 expected to increase oil demand and push crude prices higher

20.05.2020 Upstream , Stock Market , Americas

Clean power capacity in 2020, 13% less than 2019: IEA

- Global renewable power capacity to increase by 167 gigawatts in 2020, IEA says

21.05.2020 Finance , Renewable , World

Spot market electricity prices for Tuesday, May 19

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 114.02 million liras

19.05.2020 Electricity , Stock Market , Turkey , General

Spot market natural gas prices for Sunday, May 17

- 1,000 cubic meters of natural gas in spot market costs 1,469 Turkish liras

19.05.2020 Natural Gas , Stock Market , Turkey , General

Oil prices up with easing curbs, demand signs

- Oil prices climb by more than $1 a barrel on Monday

19.05.2020 Oil , Finance , Americas , General

US crude oil production forecast to fall in 2020, 2021

- Estimated 0.8 million bpd year-over-year output fall in 2021 would be the largest annual decline in US crude oil production on record

17.05.2020 Upstream , Stock Market , Americas

Brent oil stabilizes above $30 despite pandemic woes

- Between Monday and Friday, Brent oil prices fluctuate between the lowest at $28.86 to peak of $32.49

16.05.2020 Oil , Invesments , Energy Diplomacy

Finnish Fortum shows strong results despite volatile 1Q

- Fortum has managed well under the challenging circumstances with heat production running smoothly, says CEO

15.05.2020 Natural Gas , Finance , Europe , General

Oil prices up at week ending May 15

- Global oil prices gain due to surprise decline in US stocks after 15 successive weeks of increases

15.05.2020 Oil , Finance , International Organization , General

Hydrogen on 'priority list' of oil & gas sector: DNV GL

- Hydrogen projected to be significant part of energy mix by 2030, according to a new survey

15.05.2020 Oil , Lng/Lpg , Projects , Renewable , International Organization

European bank loans Turkey’s QNB Finansbank $108M

- European Bank for Reconstruction and Development loan to help Turkish lender support trade, SMEs amid virus crisis

15.05.2020 Projects , Stock Market , Turkey , Europe

Recovery will come from global cooperation: Turkey

- Turkish trade minister says Turkey keen to strengthen trade, economic ties with EU in post-pandemic era

15.05.2020 Finance , Stock Market

Oil prices up with surprise decline in US crude stocks

- Despite decline in crude inventories, over 82% of capacity is full in US storage hub

15.05.2020 Upstream , Stock Market , Americas

UK's Port of Tyne: base for biggest offshore wind farm

- Total investments in Dogger Bank project are estimated at around £9 billion ($11 billion) between 2020 and 2026

13.05.2020 Wind , Projects , International Relations , Energy Projects , Europe

Global oil production down in April 2020

- OPEC crude demand is expected to be 24.3 million barrels per day, 5.6 million barrels per day lower than 2019

14.05.2020 Oil , Finance , Middle East-Africa

EIA revises up Brent price forecast by $1 for 2020

- International benchmark expected to average $34 per barrel this year

14.05.2020 Upstream , Stock Market , Americas

Turkey is 7th in Europe's foreign renewable investments

- New legislative measures, accommodating incentives and tender structure positively affect sector: IZKA Secretary General

14.05.2020 Renewable , Invesments , Turkey

Petrofac secures BP maintenance, metering contracts

- Petrofac strikes new deals with BP on digitalization

13.05.2020 Invesments , Europe , General

Spot market natural gas prices for Monday, May 11

- 1,000 cubic meters of natural gas in spot market costs 1,472 Turkish liras

13.05.2020 Natural Gas , Finance , Turkey

Turkey's Aksa to build 240 MW gas plant in Uzbekistan

- When completed the combined natural gas cycle power plant is expected to produce 2 billion kWh of electricity annually

13.05.2020 Natural Gas , Finance , Invesments , Turkey , Asia

Saudi Aramco's net income declines 25% in first quarter

- Revenue down 16% year-over-year

12.05.2020 Upstream , Invesments , Middle East-Africa

EU to provide €112 million for low-carbon projects

- A total of 12 low-carbon energy projects will benefit from European Union funding

12.05.2020 Finance , Renewable , Europe

Oil prices up with Saudis due to make deeper output cut

- Saudi Arabia to lower oil production by an additional 1 million barrels per day starting in June

12.05.2020 Oil , Finance , Middle East-Africa , General

Valeura Energy's revenue increases 6% in 1Q20

- Valeura remains in strong financial position, says CEO

12.05.2020 Natural Gas , Finance , Turkey , Europe , General

Turkey's daily power consumption up 20% on May 11

- Turkey's electricity exports amount to 3,817 megawatt-hours, while imports reach 6,619 megawatt-hours on Monday

12.05.2020 Electricity , Finance , Turkey

Turkish stocks up 0.59% at opening session

- Borsa Istanbul starts day with rise of around 575 points

11.05.2020 Stock Market , Turkey

Saudis to hike VAT to support coronavirus-hit economy

Kingdom to suspend cost of living allowance as part of austerity measures

12.05.2020 Refining/Petro Chemistry , Stock Market , Energy Diplomacy , Energy Security , International Organization

Oil prices down with weak demand, rising supply glut

- Over 86% of stock capacity is full in major US crude oil storage

12.05.2020 Upstream , Stock Market , Energy Security , Americas

Norway's DNO makes job cuts, reports loss for 1Q20

- Company focuses on savings amid pandemic

10.05.2020 Oil , Finance , General

Coronavirus hits US oil sector hard as billions lost

- US crude output already down 1.2 million bpd, while many oil majors announce billions of dollars in net loss for 1st quarter

09.05.2020 Upstream , Invesments , Energy Security , Americas

Oil prices up as softer quarantine measures rise demand

- Price of Brent crude gains more than 3%

09.05.2020 Downstream , Stock Market , Energy Security , Europe , Americas

Equinor's earnings fall due to pandemic in 1Q20

- Lower gas, oil prices affect company's earnings

07.05.2020 Finance , Europe , General

Energy prices of EU households increase in 2019

- Taxes and levies in the EU made up 41% of the electricity price and 31% of the gas price

08.05.2020 Electricity , Natural Gas , Finance , Europe

Turkey in swap talks with G20 members: Finance Minister

- Turkey's reserves are sufficient, banks and private sector easily roll over their debt, says Albayrak

07.05.2020 Finance , World , Turkey

'Turkish banks well-prepared to face COVID-19'

- Banks appear to be financially, technically well-equipped to handle coronavirus crisis, says audit and consultancy firm

07.05.2020 Invesments , Turkey

Oil gains as US gasoline demand rises for second week

- Demand for gasoline in world's biggest oil consumer is on rise

07.05.2020 Transportation/Fuel Oil , Stock Market , Americas

CO2 emissions from energy use in EU falls in 2019

- CO2 emissions are major contributor to global warming and account for some 80% of all man-made EU greenhouse gas emissions

07.05.2020 Electricity , Finance , Renewable , Europe

COVID-19 hits Siemens Gamesa's 1st quarter profits

- The company's revenue also falls 8% between January and March

07.05.2020 Renewable , Finance , Wind

Oil prices down with expectation of US crude build-up

- Crude oil inventories in US estimated to increase by 8.44 million barrels for week ending May 1

06.05.2020 Refining/Petro Chemistry , Stock Market , Americas

Turkey: Major auto factories to reopen by May 11

- Turkey to establish new test laboratory for coronavirus in capital Ankara, says industry and technology minister

06.05.2020 Finance , Turkey

Spot market electricity prices for Wednesday, May 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 81.41 million liras

05.05.2020 Electricity , Finance , Turkey

Global renewables use 1.5% higher than last year: IEA

- Share of renewables in global electricity generation jumped to nearly 28% in Q1 2020 from 26% in Q1 2019, IEA says

06.05.2020 Electricity , Finance , Invesments , Renewable , Energy Security

Vestas' revenue increases 29% in 1Q20

- Global demand for wind energy remains strong in spite of continuing impact of COVID-19 pandemic, says CEO

05.05.2020 Finance , Wind , Europe , General

Oil prices up with optimism over easing of lockdowns

- Investors are optimistic that reopening of major economies will increase oil consumption

05.05.2020 Downstream , Stock Market , Energy Security , Europe , Asia , Americas

Turkey's daily power consumption up 18% on May 4

- Turkey's electricity exports amount to 2,552 megawatt-hours, while imports reach 5,507 megawatt-hours on Monday

05.05.2020 Electricity , Finance , Turkey

Chevron's income up, revenue down in first qtr. of 2020

- Commodity prices fell significantly in March due to reduced demand resulting from COVID-19, CEO says

04.05.2020 Upstream , Stock Market , Americas

ExxonMobil lowers capital spending by $10B amid virus

- Revenue came in at $56.16 billion for first quarter -- down 11.7% from $63.62 billion for same period last year

04.05.2020 Upstream , Invesments , Americas

European Central Bank keeps rates unchanged

- Interest rates on main refinancing operations, marginal lending, deposit facility at 0.00%, 0.25%, -0.50%, respectively

01.05.2020 Finance , Europe

Turkey's annual inflation to fall in April: Survey

- Group of economists surveyed by Anadolu Agency project monthly inflation in April to rise 0.72% from March

01.05.2020 Finance , Turkey

Shell posts 28% revenue fall and net loss in 1Q20

- CEO points to 'extremely challenging conditions' as company starts to reduce spending

02.05.2020 Invesments , Europe

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Turkey's daily power consumption up 5.26% on May 26

World's 1st floating nuke plant starts commercial ops.

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Turkey's daily power consumption up 5.26% on May 26

Spot market electricity prices for Friday, May 22

Turkey's local, renewable electricity production at 66%

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Spot market electricity prices for Thursday, May 28

Spot market natural gas prices for Thursday, May 14

Spot market natural gas prices for Thursday, April 9

Spot market natural gas prices for Sunday, April 5

Spot market natural gas prices for Monday, March 16

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Tuesday, Feb. 11

British LNG carrier arrives in Turkey

Danish LNG carrier arrives in Turkey

Spot market natural gas prices for Tuesday, May 26

US natural gas consumption forecast to fall this year

Spot market natural gas prices for Wednesday, May 20

US coal-fired electric generation falls to 42-year low

Turkey's Botas, Total sign three-year LNG contract

Norwegian LNG vessel to arrive in Turkey on June 5

Qatar to boost global LNG lead with $20 bln. ship deal

Spot market natural gas prices for Sunday, May 31

Oil up as market expects OPEC to extend and deepen cuts

Brent oil passes $40 a barrel with OPEC cut hopes

OPEC, allies to meet on June 9-10 for oil market debate

Oil up as market eyes OPEC for extended production cut

Oil prices down with surprise US gasoline stock buildup

Brent crude price up with decline in US gasoline stocks

Oil prices down with oversupply, low demand

Over 200 US firms file for bankruptcy amid low prices

US crude oil stocks fall against market expectation

US crude oil stocks post second decline since January

US to buy oil for strategic reserve to test market

Petrofac considers cost cuts of $125 million in 2020

Iran to continue fuel shipments to Venezuela

Oil giants' loss exceed $20B in 1Q20 due to coronavirus

Venezuela to escort Iranian fuel tankers

No. of electric vehicles set to be over 1 Bln by 2050

Siemens to supply 497 MW wind turbines to France

EU Recovery Strategy to boost clean, green technologies

Denmark, Vietnam talk offshore wind expansion

UK's Port of Tyne: base for biggest offshore wind farm

Poland gets first EIB loan for 66 small-scale PV plants

Time to plan postpandemic economic recovery: IEA chief

Japan's Enechange, Looop invest in Turkish solar plant

French oil firm Total wins 131-megawatt solar tenders

Ethiopia setting record straight on grand dam on Nile

Sudan, Egypt resume talks on Nile dam project

Pakistan awards $5.8B contract for dam construction

Ethiopia to respond to Egyptian complaint on Nile dam

EU approves €550M Danish aid to support biomass plants

ESCAP, IRENA to cooperate for sustainable solutions

Highlights of global energy market in 2019

UN wants action on climate change in 9 African nations

Turkish university to produce lithium-ion batteries

Turkey opens 2 more emergency hospitals in Istanbul

Turkey's energy import bill down 59.8% in April 2020

Hydrogen on 'priority list' of oil & gas sector: DNV GL

COVID-19 to cause biggest global energy investment fall

Turkey: External assets hit $233.8B in March

EBRD makes $55M loan to Turkey's Garanti BBVA

Brent oil stabilizes above $30 despite pandemic woes

Oil up as market expects OPEC to extend and deepen cuts

Eurozone GDP to narrow by 8.7% in 2020: Lagarde

Oil prices down with surprise US gasoline stock buildup

Brent oil passes $40 a barrel with OPEC cut hopes

Baghdad halts payments to KRG until oil deal is struck

Libya oil production comes to halt, affects economy

G20 int'l merchandise trade shrinks in Q1 amid COVID-19

Saudi, Russia agree on further oil output coordination

Spot market electricity prices for Saturday, May 30

Spot market electricity prices for Saturday, May 23

Spot market electricity prices for Friday, May 22

Spot market electricity prices for Saturday, April 25