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US oil rig count rises by 12 for week ending Jan. 15

- Oil rigs increase by 12 to 287, from 275 the previous week

18.01.2021 Oil , Finance , General

Denmark leads zero-emission urban buses in Europe

- Zero-emission urban buses help combat air pollution, tackle climate change and reduce noise

17.01.2021 Renewable , Finance , Renewable , General

Ecuador secures historic deal with US development bank

- Funds set to alleviate country’s longstanding debt with Asia and boost its economy amid COVID-19 pandemic

15.01.2021 Finance , Americas , General

Venezuela open to foreign investment in oil sector

- In a bid to boost domestic output, government is welcoming foreign investment in sector, which has not occurred since 1990s

15.01.2021 Oil , Invesments , Americas , General

Spot market electricity prices for Friday, Jan. 15

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 182.44 million Turkish liras

14.01.2021 Electricity , Finance , General

OECD revises up Turkey's growth forecast for 2020

- Global body says Turkish economy's entrepreneurial power striking even under challenging macroeconomic conditions

15.01.2021 Finance , Turkey , General

Spot market natural gas prices for Wednesday, Jan. 13

- 1,000 cubic meters of natural gas on spot market costs 1,319 Turkish liras

14.01.2021 Electricity , Finance , General

Turkey's daily power consumption up 1.4% on Jan. 13

- Electricity exports amount to 4,783 megawatt-hours, while imports totaled 1,760 megawatt-hours

14.01.2021 Electricity , Finance , Turkey , General

Equinor chosen for largest-ever US offshore wind award

-With this award, Equinor and incoming strategic partner BP will provide 3.3 gigawatts of power to New York State

15.01.2021 Finance , Wind , Renewable , General

‘Cyprus solution must be based on sovereign equality'

- 50 years of talks on Cyprus issue have yielded nothing, with negotiations over federation exhausted, says TRNC president

14.01.2021 Finance , Energy Diplomacy , General

US renewable energy installation set to grow in 2021

- Solar energy will account for the largest share of new capacity at 39%, followed by wind at 31%

13.01.2021 Finance , Renewable , Americas , General

New Mexico to have largest wind installation in region

- New Mexico wind project will be capable of powering 590,000 homes

12.01.2021 Finance , Wind , Americas , General

Good infrastructure, incentives key for Turkish EV sales

- Consequences of novel coronavirus (COVID-19) pandemic will affect the numbers of individual car ownership

12.01.2021 Electricity , Finance , Renewable , Energy Projects

Enel, QIA form JV for renewables in Sub-Saharan Africa

- Solar and wind power plants in Sub-Saharan Africa to generate 800-megawatt capacity

11.01.2021 Finance , Renewable , Middle East-Africa , General

Germans want more clean energy: YouGov report

- Clean energy generated more than half of Germany's electricity mix in 2020 and most Germans are in favor of more expansion

11.01.2021 Finance , Renewable , Energy Projects , General

Turkey launches trade center in Chicago

- Country wants to expand Turkish exporters' network, creating new business opportunities in US

09.01.2021 Finance , Projects , Turkey

Biden rolls out stimulus plan, names economic team

- President-elect says 'anxiety and fear of' everyday workers remind him of economic crisis he helped lead US out of in 2009

09.01.2021 Finance , Americas

US economy loses 140,000 jobs, unemployment at 6.7%

- Unemployment rate remains unchanged after 7 consecutive months of decline, number of unemployed at 10.7 million

09.01.2021 Finance , Americas

Wind, water produce most of EU renewable power in 2019

- In 2019, renewable energy sources comprised 34% of gross electricity consumption in European Union

09.01.2021 Finance , Wind , Solar , Hydro , Europe

Turkey's gold production set to break records in 2021

- Despite pandemic, production target is achieved by prioritizing work safety and environmental responsibility

09.01.2021 Invesments , Energy Security , Turkey

2020 sees big developments in Baltic Sea offshore wind

-Poland, Germany, Denmark, Sweden, Finland, Lithuania, Estonia and Latvia sign declaration to boost offshore wind energy

09.01.2021 Finance , Wind , Renewable , Europe

EC gives €5M funding for combined wind/hydrogen project

- Multinational consortium and recipient of funding plan to start combined wind turbine and electrolyzer project in 2021

09.01.2021 Finance , Wind , Renewable , General

Siemens Gamesa seals its first wind project in Ethiopia

- The 100-megawatt wind farm will help power over 400,000 Ethiopian households

08.01.2021 Finance , Wind , General

Emerging markets attract $313B in 2020: IIF

- Portfolio flows stand at $45.9B in December, closing one of most volatile years, says Institute of International Finance

08.01.2021 Invesments

World Bank raises Turkey's 2020 growth projection

- Outlook for 2021 downgraded with sharp rise in new COVID-19 infections, weak tourism, tight monetary policy

06.01.2021 Finance , Turkey

Esenboga Elektrik pays in full for 11 solar power plants

- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants

31.12.2020 Electricity , Solar , Projects , Turkey

Spot market electricity prices for Monday, Dec. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.84 million Turkish liras

27.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Saturday, Dec. 26

- 1,000 cubic meters of natural gas on spot market costs 1,283 Turkish liras

28.12.2020 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 6.5% on Dec. 26

- Electricity exports amount to 9,619 megawatt-hours while imports total 2,102 megawatt-hours

28.12.2020 Electricity , Finance , Turkey , General

Turkey's new lithium prod. plant to save $20M imports

- Eti Maden Lithium Production Plant is projected to meet half of Turkey's lithium demand in coming years

28.12.2020 Projects , Turkey

1st Turkish car's battery to be made indigenously : CEO

- As part of cooperation with global battery giant Farasis, joint venture to be formed in Turkey, CEO says

28.12.2020 Electricity , Projects , Turkey

Erdogan: Turkey should aim for high value-added exports

- Turkish president underlines need to increase value of exports per kilogram

26.12.2020 Finance , Turkey

‘Change in global supply chains requires innovation’

- Today major companies are those that allocate resources to innovation in technology, says Turkish trade minister

26.12.2020 Finance , Turkey

Turkish stocks see new all-time high at Thursday close

- Borsa Istanbul's BIST 100 rises 8.34 points from previous close

26.12.2020 Finance , Turkey , General

Turkey racks up $150M in defense exports to Tunisia

- Various armored vehicles to be at service of Tunisian security forces, says head of Turkey's Defense Industries Presidency

25.12.2020 Finance , Turkey , Middle East-Africa , General

Canadian Solar finalizes 290MW solar sale in Italy

- Falck Renewables buys remaining 30% share of Big Fish and Iron solar projects totaling over 290 megawatts in Sicily

24.12.2020 Finance , Solar , Energy Projects , General

Eni discovers oil in Western Desert of Egypt

-Eni's new discovery will add 10,000 barrels of oil per day to the current concession production

24.12.2020 Oil , Finance , Europe , General

Turkey to launch 1st lithium production plant on Dec 26

- President Erdogan will preside over launch of Eti Maden pilot lithium production plant on Saturday

24.12.2020 Projects , Turkey

Spot market natural gas prices for Tuesday, Dec. 22

- 1,000 cubic meters of natural gas on spot market costs 1,306 Turkish liras

23.12.2020 Natural Gas , Stock Market

Gazprom sees moderate gas export rise in Europe in 2021

- Russian company forecasts 183 billion cubic meters of gas exports in 2021 compared to 170 billion cubic meters this year

24.12.2020 Natural Gas , Finance , Eurasia , General

Turkey to continue exploration in E.Med until June 15

- Oruc Reis research vessel to conduct seismic studies in Eastern Mediterranean until June 2021

23.12.2020 Natural Gas , Finance , Europe , General

Spot market electricity prices for Wednesday, Dec. 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 190.4 million Turkish liras

22.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Monday, Dec. 21

- 1,000 cubic meters of natural gas on spot market costs 1,306 Turkish liras

23.12.2020 Natural Gas , Finance , Turkey , General

Norway's petroleum sales decrease in November

- Country's total petroleum product sales volume in October down 16.2% to 548 million liters compared to same month of 2019

22.12.2020 Oil , Finance , Europe , General

Solar energy in EU sees 2nd highest rate in history

- EU's Green Deal that aims for climate neutrality in 2050 was instrumental in helping the growth of solar

23.12.2020 Finance , Renewable , Europe , General

Turkey's daily power consumption up 17% on Dec. 21

- Electricity exports amount to 12,244 megawatt-hours while imports total 71 megawatt-hours

22.12.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Sunday, Dec. 20

- 1,000 cubic meters of natural gas on spot market costs 1,301 Turkish liras

21.12.2020 Natural Gas , Stock Market

Vestas invests in CIP to enrich renewable value chain

- Vestas will invest in new "Energy Transition Fund" focusing on new technologies, managed by CIP as anchor investor

22.12.2020 Finance , Wind , Renewable , Europe , General

Iraq’s central bank devalues national currency

-Iraq says devaluation is necessary to overcome economic crisis brought by low oil prices

21.12.2020 Stock Market , Energy Projects , Middle East-Africa

Spot market electricity prices for Sunday, Dec. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.54 million Turkish liras

19.12.2020 Electricity , Stock Market , Turkey , General

Spot market natural gas prices for Friday, Dec. 18

- 1,000 cubic meters of natural gas on spot market costs 1,312 Turkish liras

20.12.2020 Natural Gas , Finance , Turkey , General

Equinor appoints new chief financial officer

- Fearn holds master’s degree in business and finance from University of Halmstad

16.12.2020 Finance , Europe , General

Turkey's Sabanci to invest $450M in wind over 4 years

- "We put sustainability and new technologies at center of investments and growth plans," high official at conglomerate says

16.12.2020 Renewable , Invesments , Turkey

Spot market electricity prices for Monday, Dec. 14

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 154.57 million Turkish liras

14.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Saturday, Dec. 12

- 1,000 cubic meters of natural gas on spot market costs 1,332 Turkish liras

14.12.2020 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 5.72% on Dec. 12

- Electricity exports amount to 12,139 megawatt-hours, while imports total 1,255 megawatt-hours

14.12.2020 Electricity , Finance , Turkey , General

Spot market electricity prices for Sunday, Dec. 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 136.5 million Turkish liras

12.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Friday, Dec. 11

- 1,000 cubic meters of natural gas on spot market costs 1,321 Turkish liras

13.12.2020 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 0.03% on Dec. 11

- Electricity exports amount to 11,615 megawatt-hours, while imports total 729 megawatt-hours

13.12.2020 Electricity , Finance , Turkey , General

US oil rig count rises by 12 for week ending Dec. 11

- US sees drop of 409 oil rigs from one year ago

14.12.2020 Oil , Finance , General

Support mechanism key to Turkey’s renewables growth

- Renewable energy capacity additions this year to date set record high with over 4,200 megawatts

12.12.2020 Renewable , Invesments

2020 global passenger traffic to fall 64.2%: Report

- Airport industry to see fall of more than 6 billion passengers by end of 2020, says Airports Council International

09.12.2020 Finance , General

Turkey's access to int'l funds boosts trust in country

- Turkish lenders provide $7B financing from international financial institutions during normalization period

09.12.2020 Finance , Turkey , General

Spot market electricity prices for Monday, Dec. 7

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.63 million Turkish liras

07.12.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Saturday, Dec. 5

- 1,000 cubic meters of natural gas on spot market costs 1,318 Turkish liras

07.12.2020 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 7.12% on Dec. 5

- Electricity exports amount to 13,164 megawatt-hours, while imports total 2,840 megawatt-hours

07.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Wednesday, Dec. 2

- 1,000 cubic meters of natural gas on spot market costs 1,326 Turkish liras

03.12.2020 Natural Gas , Finance , Turkey , General

Spot market electricity prices for Friday, Dec. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.28 million Turkish liras

03.12.2020 Finance , Electricity , Turkey , General

COVID-19 pandemic deepens energy efficiency slowdown

- Energy efficiency’s weakest progress in decade threatens international climate goals, according to IEA report

03.12.2020 Finance , Renewable , International Organization , Energy Projects , World

Turkey's daily power consumption down 0.64% on Dec. 2

- Electricity exports amount to 9,439 megawatt-hours, while imports total 634 megawatt-hours

03.12.2020 Electricity , Finance , Turkey , General

Spot market natural gas prices for Friday, Nov. 27

- 1,000 cubic meters of natural gas on spot market costs 1,333 Turkish liras

28.11.2020 Natural Gas , Finance , Turkey , General

Spot market electricity prices for Sunday, Nov. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 144.83 million Turkish liras

29.11.2020 Electricity , Finance , Turkey , General

Turkey's daily power consumption down 1.9% on Nov. 27

- Electricity exports amount to 15,016 megawatt-hours, while imports total 457 megawatt-hours

28.11.2020 Electricity , Finance , Turkey

US oil rig count rises by 10 for week ending Nov. 27

- US sees drop of 427 oil rigs from one year ago

29.11.2020 Oil , Finance , Americas

Oil prices mixed over OPEC output cut uncertainty

- Mixed signals from OPEC+ on extension of output cuts push oil prices down from eight-month-lows

27.11.2020 Oil , Finance , World

'Very positive' market reaction due to Turkish reforms

- Turkey can take advantage of global supply chain shift thanks to its geographical location, says leading economist

25.11.2020 Finance , Turkey

Spot market electricity prices for Sunday, Nov. 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 136.2 million Turkish liras

21.11.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Friday, Nov. 20

- 1,000 cubic meters of natural gas on spot market costs 1,329 Turkish liras

21.11.2020 Natural Gas , Finance , Turkey , General

Turkey to continue exploration in E.Med until Nov. 29

- Oruc Reis research vessel to conduct seismic studies in Eastern Mediterranean for 9 days

23.11.2020 Finance , Energy Diplomacy , Energy Security , Turkey

Turkey's daily power consumption up 0.85 % on Nov. 20

- Electricity exports amount to 9,433 megawatt-hours, while imports total 100 megawatt-hours

22.11.2020 Electricity , Finance , Turkey , General

US oil rig count falls by 5 for week ending Nov. 20

- US sees drop of 440 oil rigs from one year ago

22.11.2020 Oil , Finance , Americas , General

Turkey to improve investment climate via structural reforms

- Turkish economy to expand by 0.3% in 2020, says country's treasury and finance minister

18.11.2020 Finance , Invesments , Turkey

European bank to deploy supply-chain finance in Turkey

- Supply-chain finance can provide lower financing cost, improve business efficiency, says EBRD director in Turkey

18.11.2020 Finance , Invesments , Turkey , Europe

Stocks of energy firms on rise over vaccine hopes

- Shares of oil giants, including Chevron, ExxonMobil and Equinor, rise by at least 5%

18.11.2020 Oil , Stock Market , News from companies , World , Americas

Falck Renewables, Eni to build solar plant in Virginia

- The 30 MW solar plant will provide carbon-free solar energy and avoid over 33,000 tons of CO2 per year

18.11.2020 Finance , Solar , Americas

Spot market natural gas prices for Sunday, Nov. 15

- 1,000 cubic meters of natural gas on spot market costs 1,360 Turkish liras

17.11.2020 Natural Gas , Finance , Turkey , General

Spot market electricity prices for Monday, Nov. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 173.83 million Turkish liras

16.11.2020 Electricity , Finance , Turkey

Turkey's daily power consumption down 1.7% on Nov. 14

- Electricity exports amount to 12,888 megawatt-hours while imports total 299 megawatt-hours

16.11.2020 Electricity , Finance , General

Russia's Rosneft reports 64 billion ruble loss in 3Q20

- Negative impact of market fluctuations due to COVID-19 was responsible for company's loss, says Rosneft

14.11.2020 Oil , Finance , Eurasia

Two-degree pathway could hugely reduce gas investments

-Wood Mac. advises sustainability investments, competitiveness boosting and embracing new capital sources to reduce emissions

13.11.2020 Natural Gas , Finance , Renewable

Finance sector needs to blacklist 935 coal companies

- Ending coal finance and expansion of coal power is critical to tackle climate change, a new study says

13.11.2020 Finance , Coal , World

Turkish business circles welcome new economic plans

- Business groups hail President Erdogan's announcement of 'new era' in economy, predict rapid rise in confidence in lira

12.11.2020 Finance , Turkey

Turkey to offer new opportunities to foreign investors

- Government to take confidence building measures, steps to stabilize markets

12.11.2020 Invesments , Turkey

G20 backtracks on fossil fuel funding phase-out

- G20 governments' fossil fuels support is likely to trend upwards via COVID-19 recovery programs this year, new study finds

11.11.2020 Finance , Coal , Renewable , General

Spot market natural gas prices for Monday, Nov. 9

- 1,000 cubic meters of natural gas on spot market costs 1,429 Turkish liras

10.11.2020 Natural Gas , Finance , Turkey

Renewables defy COVID-19 with record growth of 4%

- Net renewable capacity additions will account for 90% of total power capacity additions this year, new IEA report says

11.11.2020 Finance , Renewable , International Organization , World

Spot market electricity prices for Monday, Nov. 9

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 152.09 million Turkish liras

10.11.2020 Electricity , Finance , Turkey

Spot market natural gas prices for Saturday, Nov. 7

- 1,000 cubic meters of natural gas on spot market costs 1,425 Turkish liras

09.11.2020 Natural Gas , Finance , General

Turkey's daily power consumption down 5.07% on Nov. 7

- Electricity exports amount to 10,891 megawatt-hours while imports reach 698 megawatt-hours

09.11.2020 Electricity , Finance , Turkey

Turkey dismisses governor of central bank

- Former Finance Minister Naci Agbal appointed to post

07.11.2020 Finance , Turkey

US economy adds 638,000 jobs, unemployment down to 6.9%

- October marks 6th consecutive monthly decline in unemployment rate, number of unemployed stands at 11.1M

07.11.2020 Finance , Americas

US Fed keeps interest rate unchanged

- Central bank says economic activity, employment remain well below pre-pandemic levels

06.11.2020 Finance , Americas , General

Turkey's energy import bill down 31% in 9 months

- Drop in oil prices is main cause for this decrease, energy expert says

05.11.2020 Oil , Stock Market , Energy Diplomacy , Turkey

Statkraft acquires London-based Solarcentury

- Transaction comprises 100% share acquisition of Solarcentury Holdings and its subsidiaries

02.11.2020 Finance , Solar , Renewable , Europe , General

Spot market electricity prices for Monday, Nov. 2

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 155.88 million Turkish liras

03.11.2020 Electricity , Finance , Turkey , General

Iran-EU tensions reach fever pitch over nuclear program

Iran confirms plan to enrich uranium up to 20 percent

Spot market electricity prices for Friday, Jan. 1

Iran nuke deal sides' ministers due for talks next week

Spot market electricity prices for Wednesday, Jan. 6

Turkey's daily power consumption down 1.85% on Dec. 30

Turkey's daily power consumption up 2.89% on Dec. 22

Spot market electricity prices for Tuesday, Dec. 22

Turkey's daily power consumption up 18.76% on Jan. 4

Spot market electricity prices for Friday, Jan. 1

Highlights of Turkish energy market in 2020

2021 global coal demand to grow 2.6% after record drop

Eni announces oil discovery in Western Desert of Egypt

US produces, consumes record high natural gas in 2019

Nigeria's president launches new gas pipeline project

OPEC holds first technical meeting with gas exporters

Spot market natural gas prices for Sunday Aug. 23

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Tuesday, Feb. 11

British LNG carrier arrives in Turkey

3rd Turkish drillship leaves Mersin bound for Black Sea

Dialogue, de-escalation in E.Med benefit everyone: NATO

Turkey’s giant gas find worth $80 billion: IEA Head

US' gas-fired electricity generation rises 9% in 1H20

Rising LNG demand to curb supply glut in 1H21: Fitch

Qatargas delivers first commercial LNG to Philippines

US LNG vessel to arrive in Turkey on January 21

Nigerian LNG vessel to arrive in Turkey on January 20

ExxonMobil makes first discovery offshore Suriname

Rosneft income falls 77%, revenue down 51% in 2Q20

Oil prices flat with 0.04% rise in week ending August 14

Brent oil prices down amid global pandemic crisis

ExxonMobil makes first discovery offshore Suriname

US oil rig count rises by four for week ending Oct. 9

Lundin upgrades Edvard Grieg field reserve estimates

Norway's Equinor discovers oil and gas in North Sea

Turkey's Petkim profits up 36% year-on-year in 3Q20

Iran moves from oil to petrochemicals in export

Oil prices up with estimated decline in US crude stocks

US crude oil stocks rise against market expectation

Venezuela condemns US policy of seizing fuel shipments

Battery patents grow by 14% in 13 years: Study

Turkish start-up to produce lithium-ion battery cathode

US jet fuel demand falls by 29% in Jan-May 2020

Equinor chosen for largest-ever US offshore wind award

New Mexico to have largest wind installation in region

Wind, water produce most of EU renewable power in 2019

2020 sees big developments in Baltic Sea offshore wind

Turkey expects to add 1,500 MW of solar power this year

Wind, water produce most of EU renewable power in 2019

Turkey to open mini solar tenders in 2 months

Esenboga Elektrik pays in full for 11 solar power plants

Wind, water produce most of EU renewable power in 2019

Hydro produces 89% of Norway's power in November

Hydro produces 92.8% of Norway's power in October

Hydro produces 91.2% of Norway's power in Sept.

Turkey in top 4 countries with geothermal capacity

Biomass can meet one-third of Turkey's annual power

EU approves €550M Danish aid to support biomass plants

ESCAP, IRENA to cooperate for sustainable solutions

Turkey launches trade center in Chicago

Esenboga Elektrik pays in full for 11 solar power plants

Turkey's new lithium prod. plant to save $20M imports

1st Turkish car's battery to be made indigenously : CEO

Turkey allocates $18.5B for 2021 investments

Venezuela open to foreign investment in oil sector

Turkey's gold production set to break records in 2021

Emerging markets attract $313B in 2020: IIF

Spot market natural gas prices for Tuesday, Dec. 22

Spot market natural gas prices for Sunday, Dec. 20

Iraq’s central bank devalues national currency

Spot market electricity prices for Sunday, Dec. 20

Oil up on US inventory fall, UK vaccine approval

Fitch reduces oil price forecast due to higher supply

S. Arabia, Iraq discuss efforts to stabilize oil market

US crude oil inventories fall for week ending Aug. 14

Spot market electricity prices for Friday, Dec. 4

24/7 power with Turkey’s new mobile monitoring system

Turkey's daily power consumption up 3.28% on Sept. 8

Sudan: Flashpoint Ethiopian dam not related to floods