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Turkey's benchmark stock index ends week up

- Borsa Istanbul rises 0.32% from previous close; USD/TRY exchange rate stands around 5.88

15.06.2019 Finance , Turkey , General

Turkey: Moody's move incompatible with economic data

- Downgrade of Turkey's credit rating raises questions about agency's objectivity, neutrality, says ministry

15.06.2019 Finance , Americas , General

Oil prices fluctuate with supply risks for w/e June 14

- Crude prices falls more than 3% this week

15.06.2019 Upstream , Stock Market , Americas , Middle East-Africa

Renewable energy employs 11 million people worldwide

- Asian countries’ share remained at 60% of the global total renewable employment

14.06.2019 Finance , Wind , Solar , Renewable , General

Oil prices continue gains after tanker attacks in Oman

- Attacks increase secure oil supply worries from region

14.06.2019 Transportation/Fuel Oil , Stock Market , Energy Security , Americas , Middle East-Africa

Trump says 'too soon' to talk with Iran amid tensions

- 'They are not ready, and neither are we!' US president says of Iranian leadership

14.06.2019 Finance , Energy Diplomacy , Americas , Middle East-Africa , General

US: No interest in engaging in new Mideast conflict

- 'We will defend our interests, but a war with Iran is not in our strategic interest,' says CENTCOM spokesman

14.06.2019 Finance , Americas , Middle East-Africa , General

Global oil supply falls in May 2019

- OPEC crude oil production decreases by 236,000 barrels per day to 29.88 million barrels per day

14.06.2019 Oil , Finance , Middle East-Africa , General

Climate finance by development banks reach $43.1B

- Multilateral banks' $43.1 billion climate financing in 2018 rise to an all-time high, report says

14.06.2019 Invesments , World

Global offshore wind market to grow to €11B by 2028

- Turbine operation and maintenance costs biggest portion of around 60% of offshore wind operational expenses costs

14.06.2019 Finance , Wind , World , General

US revises down oil price forecasts for 2019

- Brent price lowered by $3, WTI by $4 a barrel for this year

13.06.2019 Upstream , Stock Market , Americas

Oil prices rebound from losses after rise in US stocks

- Brent oil fell 4.1%, WTI lost 3.8% on Wednesday after US crude inventories US showed increase despite expectation of decline

13.06.2019 Upstream , Stock Market , Americas

Tariffs on lithium-ion batteries loom over US storage

- Ongoing trade tensions between Washington and Beijing to hinder energy storage capacity of US

13.06.2019 Electricity , Finance , Asia , Americas

Oil prices down amid lower oil demand forecast

- US crude inventories are expected to rise by 4.9 million barrels last week amid expectation of 481,000 barrel drop

13.06.2019 Oil , Finance , Americas , General

Global primary energy consumption grew by 2.9% in 2018

- Global primary energy consumption grew rapidly in 2018, led by natural gas and renewables

13.06.2019 Natural Gas , Finance , Americas , General

Russia's oil export revenues decrease 0.6% in 4 months

- Natural gas export revenues increase by 2.2% and reach $16.9 billion

12.06.2019 Finance , Eurasia , General

Turkey sees 150,000+ auto sales in Jan.-May

- According to distributors' report, market shrinks by 49.57% year-on-year

11.06.2019 Finance , Turkey

Turkey: Economists expect no change in interest rates

- Majority of economists forecast no change in one-week repo rate this week, standing at 24%

11.06.2019 Finance , Turkey

Eni, NextChem to turn waste into energy

- New technology reuses large amounts of non-recyclable waste to produce chemical products and fuel

10.06.2019 Projects

Global gas consumption up with more US, China demand

- Natural gas demand grew 4.6%, its fastest annual pace since 2010, according to International Energy Agency's latest report

08.06.2019 Natural Gas , Finance , General

Turkish stocks up 0.24% after holiday break

- BIST 100 index rises 220.78 points from Monday's close, USD/TRY exchange rate stands around 5.84

07.06.2019 Finance , Turkey , General

US oil output at record level

- Crude oil production rebounds to all-time high of 12.4 million barrels per day

07.06.2019 Oil , Finance , Americas , General

EU: Unemployment rate stable at 6.4% in April

- Eurostat estimates that 15.8 million men and women in 28 member states were unemployed as of April 2019

05.06.2019 Finance , Europe , General

Trump weighs emergency declaration for Mexico tariffs

- Senate Republicans have reportedly conveyed their disapproval of move

06.06.2019 Finance , Energy Diplomacy , Americas , General

Turkish stocks start week 0.28% down

- BIST 100 index falls 254.15 points from Friday's close, USD/TRY exchange rate stands around 5.85

04.06.2019 Finance , Turkey , General

Oil prices see decrease at week beginning June 3

- Oil prices experience losses due to US announcement of country's high level of oil production

04.06.2019 Oil , Finance , Middle East-Africa , General

Number of US oil rigs rises by 3 to 800

- Crude prices slump over 4 percent on Friday

04.06.2019 Finance , World , General

Oil prices fail to recover from three-month low

- Brent crude lost 6.1% on previous session to mark its largest single daily loss this year

01.06.2019 Upstream , Stock Market , Americas

Dutch natural gas revenues almost €417 billion

- May 29, 1959 marks the discovery of Europe’s largest gas field near Slochteren in the Dutch province of Groningen, CBS says

30.05.2019 Natural Gas , Finance , Europe

Oil down with US-China trade worries, Huawei lawsuit

- Sino-US trade relations strain further as Chinese tech firm files motion in US court to end lawsuit

30.05.2019 Oil , Stock Market , International Relations , Asia , Americas

European consortium launches carbon capture project

- Industrial-scale project has €19.3 milion budget and is part of Horizon 2020, EU’s research and innovation program

30.05.2019 Projects , Energy Projects , News from companies , Europe , General

Energy investments to increase in Norway in 2020

- New 2019 estimates are substantially adjusted upwards from previous survey and show growth compared to 2018

29.05.2019 Natural Gas , Oil , Invesments , Europe , General

EBRD, Turkish bank sign $112M financing agreement

- European, Turkish banks to jointly provide financing for Turkish businesses

29.05.2019 Projects , Invesments , Turkey

Google to invest €600M in new data center in Finland

- New facility will be located in Hamina, where American tech giant previously opened data center in 2011

29.05.2019 Invesments , Europe , Americas , General

Denmark's Maersk reports earnings rise of 33% in 1Q19

- A.P. Moller-Maersk's earnings, revenue increase in first quarter of this year

28.05.2019 Finance , Europe , General

Oil prices rebound on Friday from two-month low

- Crude prices on Thursday hit lowest level since March

24.05.2019 Refining/Petro Chemistry , Stock Market , International Relations , Asia , Americas

Turkey announces $4.9B financing for strategic sectors

- Financing package to prioritize medium-high-technology and high-technology sectors, says finance minister

24.05.2019 Finance , Turkey

EU commercial vehicle market expands 5.8% in Jan-April

- New commercial vehicle registrations total 871,000 during January-April period, says manufacturers' association

24.05.2019 Finance , Europe

Turkey stood tall during global economy crisis: Erdogan

- Turkish president says country continues to walk through targets despite economic attacks

24.05.2019 Finance , Turkey

UK to ban plastic straws, stirrers & buds in Apr. 2020

- In England, 4.7 billion plastic straws, 316 million plastic stirrers, 1.8 billion plastic-stemmed cotton buds are used annually

24.05.2019 Renewable , Projects , Europe

Turkey to form Energy Fund for $2B non-performing loans

- Fund will initially include 4-5 natural gas and hydro power plants and scale up to $2 billion

25.05.2019 Invesments , Turkey

Wales plans floating homes under new tidal lagoon proj.

- Construction could start in 2021, with project operational by end of 2026

23.05.2019 Renewable , Projects , Europe

Oil prices down with rising US crude inventories

- Surprise increase in crude stocks and oil production remaining near record high level puts pressure on prices

24.05.2019 Refining/Petro Chemistry , Stock Market , Americas

Oil giants' total net income, revenue decline in 1Q19

- Top oil companies' total income and revenue fall by more than 4% in the first quarter of this year

23.05.2019 Oil , Invesments , Eurasia , Americas

Turkish government's gross debt stock at $203 billion

- Stock of Treasury receivables stands at nearly $3.18 billion as of April 30

21.05.2019 Finance , Turkey , General

Turkey: Net int'l investment position improves in March

- Country's external assets rise 4.6% while liabilities against non-residents fall 1.5% since 2018-end

21.05.2019 Finance , Turkey

Norway's petroleum sales decrease in April

- Country's total sales volume of petroleum products for April drops year-on-year by 7.9 percent to 610 million liters

21.05.2019 Finance , Europe , General

Labour, Conservative negotiations collapse over Brexit

- Finding compromise on leaving EU 'gone as far as they can,' Corbyn writes May

18.05.2019 Finance , Energy Diplomacy , Europe

Trump delays auto tariffs on EU, Japan

- Tariffs delayed 6 months

20.05.2019 Finance , Europe , Asia , Americas

Trump lowers tariffs on Turkish steel by half

- 'It is necessary and appropriate to remove the higher tariff on steel imports from Turkey,' president says in proclamation

17.05.2019 Finance , Turkey , Americas

Turkey, Tatarstan eye $1B trade volume

- Bilateral trade was $920 million in 2012, and $314 million in 2018, Turkish trade minister says

17.05.2019 Finance , Turkey , Eurasia

EU trade balance sees $27B deficit in Q1

- Eurostat says 28-member bloc's exports of goods total over $483.6B, imports amount to $568.5B in first two months of 2019

17.05.2019 Finance , Europe

Scotland supporting electric biking with £1.14m fund

- 45 projects and 460 e-bikes, e-cargo bikes and e-trikes were funded in previous two rounds of scheme

17.05.2019 Projects , Invesments , Europe

Turkey should start reforms immediately: Business body

- Economic reforms to raise confidence in short period, says head of Turkish Industry and Business Association

16.05.2019 Finance , Turkey

Trump's foreign telecom gear ban takes shot at Huawei

- Executive order bans U.S. telecom firms from installing foreign-made technology that poses national security threat

16.05.2019 Finance , Asia , Americas

Turkey: Unemployment stands at 14.7% in February

- Number of unemployed people aged 15 and over climbs 1.37 million year-on-year to 4.73 million in February

15.05.2019 Finance , Turkey

Chinese president calls for unity among Asian nations

- Clash of civilizations 'a stupid idea and disastrous act', says Xi

15.05.2019 Finance , Asia

Turkish economy: Total turnover up 20.8% in March

- On a yearly basis, industry turnover rises 25.8%, construction turnover climbs 16.2%, says country's statistical authority

15.05.2019 Finance , Turkey

Italian Snam's profit increases 11.4% in 1Q19

- Double-digit increase in net profit reflects strong operating results, says CEO

15.05.2019 Natural Gas , Finance , Europe , General

Turkey: Treasury borrows some $1.3B through auctions

- Turkish Treasury and Finance Ministry holds two auctions for fixed coupon, floating rate government bonds

15.05.2019 Finance , Turkey

Gazprom confirms first gas via TurkStream by December

- Sub-sea section and Russia's land section have been finished while Turkey's onshore section is nearly 73% complete

16.05.2019 Natural Gas , Projects , Turkey , Eurasia , General

Gazprom's gas export revenues up 10.7% in 1Q19

- Thanks to rise in oil prices, the company's natural gas export revenues show increase

14.05.2019 Natural Gas , Finance , Eurasia , General

Global energy investments rise by $1B after 3 year fall

- Oil, gas and coal supply spending increases, while fossil-fuel based generation and renewable power investments fall

14.05.2019 Natural Gas , Oil , Renewable , Invesments

Oil retreats with escalating US-China trade tension

- Beijing retaliates by raising tariffs on US goods, after Trump forces China to make a deal

14.05.2019 Stock Market , International Relations , Asia , Americas

Oil has small gains awaiting US-China trade row outcome

- Trade dispute threatens global oil demand, as two nations represented 34% of world oil consumption in first quarter of 2019

14.05.2019 Upstream , Stock Market , International Relations , Asia , Americas

Pakistan, IMF ink $6 bln bailout package

- The two sides agree on a much-awaited package after several rounds of talks

13.05.2019 Finance , International Relations

Turkey's 1st intermodal cargo terminal to open in 2020

- Terminal project secures $60M foreign financing from European, Chinese banks

13.05.2019 Finance , Turkey , General

TurkStream on schedule as it nears completion

- Series of tests continues for safety and integrity of natural gas pipeline system before transmission by end of 2019

12.05.2019 Natural Gas , Finance , Invesments , General

Indian embassy holds investment seminar in Turkey

- 5 Turkish firms attend Invest India seminar in capital Ankara

11.05.2019 Finance , Asia , General

US, China trade talks end without long-sought deal

- Trump says tariffs 'may or may not be removed depending on what happens' in future talks

11.05.2019 Finance , Energy Diplomacy , Asia , Americas , General

Brent oil gains 2% this week with Iran, supply worries

- US-China trade tension could hurt oil demand while supply cuts from Iran and Venezuela sustain higher prices

11.05.2019 Oil , Finance , Americas , Middle East-Africa , General

Nonprofits to track world-wide power plant emissions

- Project, with $1.7 million funding from Google, will use global satellite network to collect data from space

10.05.2019 Projects , Renewable , World

Oil prices fall with heightened US-China trade tensions

- Trump claims China 'broke the deal,' while Beijing says it would retaliate against tariffs with 'necessary countermeasures'

10.05.2019 Stock Market , International Relations , Asia , Americas

EBRD invests $100M in Turkish energy firm

- Energy firm hopes to use European bank investment to move into wind farm, solar projects

10.05.2019 Invesments

Oil prices gain with record China crude imports

- China's crude oil imports show 11% increase in April from same month last year

09.05.2019 Downstream , Stock Market , Asia

US revises up Brent oil forecast by $5 for 2019, 2020

- International benchmark is estimated to average $70 a barrel this year

09.05.2019 Upstream , Stock Market , International Organization , Americas , Middle East-Africa

Amsterdam opens largest public smart charging network

- Flexpower Amsterdam is a smart network of charging stations that enables faster charging of electric cars

08.05.2019 Finance , Renewable , General

Oil prices gain as China set for trade talks with US

- US Trade Representative Lighthizer says Chinese Vice Premier Liu will head officials from Beijing to Washington on Thursday

07.05.2019 Stock Market , International Relations , Asia , Americas

US awards $5.5 million for geothermal machine learning

- Machine learning could lead to higher success rates in exploratory drilling and greater efficiency in plant operations

07.05.2019 Finance , Geothermal/Biomass , General

Oil prices see small decrease at week beginning May 6

- Oil prices experience losses due to US announcement of tariff increases on Chinese goods

07.05.2019 Oil , Finance , Americas , General

Local, renewables share in Turkey increases 62% in 1Q19

- Of 74.25 billion kilowatt-hours of electricity produced in 1st quarter, 46.11 billion is from local and renewable resources

07.05.2019 Natural Gas , Finance , Wind , Solar , Renewable , Turkey , General

Turkey's exports total nearly $60B in January-April

- Trade ministry says exports-to-imports coverage ratio stands at 87.2 percent in four-month period

04.05.2019 Finance , Turkey , General

Number of US oil rigs rises by 2 to 807

- Despite increase in weekly oil rig count, crude prices rise on Friday on strong US employment data

06.05.2019 Finance , Upstream , Americas , General

OMV's first quarter profit falls due to unrest in Libya

- Negative operational result was due to lower upstream contribution mainly due to force majeure at Libya's El Sharara field

04.05.2019 Finance , Europe , General

Oil prices post gains to recover from one-month low

- Prices hit lowest level in a month on Thursday but regained some losses on Friday

04.05.2019 Refining/Petro Chemistry , Stock Market , Americas

Norwegian Equinor's earnings down in 1Q19

- Lower oil prices affect company's earnings in first quarter

04.05.2019 Finance , Europe , General

Turkey, Bosnia sign revised free trade agreement

- 2 countries also sign memorandum of understanding on Sarajevo-Belgrade Highway Project

03.05.2019 Invesments , International Relations , Turkey

Qatar Petroleum tasks firms to dig 80 new gas wells

- Qatar Petroleum aims to increase its production capacity from 77 million tonnes of LNG to 110 million tonnes a year

02.05.2019 Lng/Lpg , Projects , Middle East-Africa , General

Turkey: Manufacturing index at 46.8 points in April

- Index indicates market conditions last month remained challenging for Turkish manufacturers

02.05.2019 Finance , Turkey , General

Iraq's oil exports slightly down in April

- Just under 104 million barrels exported last month, according to oil ministry

02.05.2019 Oil , Finance , Middle East-Africa , General

World Bank launches $50M fund to support clean mining

- Developing country govts. will be assisted to build policy, regulatory and legal framework to promote climate-smart mining

02.05.2019 Coal , Invesments , World

Turkey's electricity import bill down 58 pct in 1Q19

- Bill falls to $4.68 million from $11.13 million on yearly basis

02.05.2019 Electricity , Finance , Turkey , General

Oil prices down as US crude stocks rise

- Markets remain tense however as Venezuela crisis, OPEC supply cuts, US sanctions on Iran continue to keep a lid on prices

02.05.2019 Oil , Finance , Stock Market , World , General

Buffett commits $10B to Occidental to acquire Anadarko

- Buffett's company Berkshire Hathaway levels the field for Occidental against energy major Chevron

01.05.2019 Invesments , Energy Projects , Americas

General Electric sees revenue loss, earnings rise in 1Q

- Net earnings reach $3.55 billion, but revenue falls to $27.29 billion in January-March period

01.05.2019 Invesments , Americas

Oil prices down with China's weak manufacturing data

- Manufacturing sector shows weakness in April, but Purchasing Managers' Index remains just above 50 to avoid contraction

30.04.2019 Invesments , Asia

Turkey's energy import bill up 10.6% in March 2019

- Total imports cost nearly $17.62 billion in March, with energy accounting for 20.99%

30.04.2019 Electricity , Natural Gas , Oil , Finance , Turkey

UK supports smart energy solutions with £30M funding

-Country targets highly innovative, ambitious, local energy system designs that are investable and ready to roll out in 2020s

30.04.2019 Renewable , Invesments , Europe

Gazprom doubles profit in 2018

- Increased gas prices helped Russian company in 2018

30.04.2019 Natural Gas , Finance , Eurasia , General

Chevron revenue, income decline in 1Q19

- Net income falls 27.2%, while revenue dips 6.8% year-over-year

29.04.2019 Invesments , Energy Projects , Americas

ExxonMobil net income falls almost 50% in first quarter

- US major posts net income of $2.35 billion in first quarter of 2019, down from $4.65 billion for same period last year

29.04.2019 Lng/Lpg , Upstream , Projects , Americas

Brent falls as Trump calls on Saudis, OPEC to up output

- 'Spoke to Saudi Arabia and others about increasing oil flow. All are in agreement,' Trump said Friday

29.04.2019 Upstream , Stock Market , International Relations , Americas , Middle East-Africa

Trump says Japan trade talks coming along 'very nicely'

- President says negotiations 'can go very quickly'

28.04.2019 Finance , Asia , Americas

Siemens Gamesa receives order for 43 turbines in Canada

- The order includes 43 SG 4.5-145 turbines with a flexible rating of up to 4.8 megawatts

26.04.2019 Finance , Wind , Americas , General

Canada's Valeura Energy encouraged by Thrace gas find

- Devepinar-1 well drilled to 4,796 meters, approx. 500 meters deeper than originally planned due to significant gas shows

27.04.2019 Natural Gas , Invesments , Energy Diplomacy , Turkey , Americas , General

SIPRI: Nuclear weapons on decrease, but get modernized

US 'not surprised' by Iran vow to exceed nuclear limits

Iran's enriched uranium production increases

Russia's Rosatom to open branch in Saudi Arabia

GE begins to digitize thermal, renewable power in India

China's coal output up 5.2 pct in September

Asian Dev. Bank to loan $500M to Bangladesh power plant

China’s coal production up 4 percent in April

Turkey aims to increase share of renewables: Minister

Eni, Synhelion team up to produce low emission fuel

Kenyans protest plans for coal-fired power plant

Gas, renewables to replace coal for US power in summer

Global oil supply falls in May: IEA

Uzbekistan to invest $33 billion in oil and gas sector

Turkey rejects EU statement on drilling in Eastern Med

Abu Dhabi launches bid round 2 for 5 exploration blocks

Abu Dhabi launches bid round 2 for 5 exploration blocks

‘Ankara to always protect Turkish Cypriots’ rights’

Total, ADNOC to explore gas in Abu Dhabi

Osaka to acquire 35pct stake in US shale gas project

Russia holds 19.8% of total global proven gas reserves

Tupras refineries ranked biggest industry in Turkey

Turkey's natural gas imports down 9% in March

Gas, renewables to replace coal for US power in summer

LNG's share in global gas trade increases rapidly

Russia holds 19.8% of total global proven gas reserves

Qatar leads in LNG exports again

Shell ships first LNG cargo from Australia's giant Prelude

Oil prices fluctuate with supply risks for w/e June 14

US again leads world in oil production, consumption

US revises down oil price forecasts for 2019

Oil prices rebound from losses after rise in US stocks

US again leads world in oil production, consumption

US' monthly oil imports from OPEC falls to 33-year low

Oil rig count in US falls by 11 this week

Oil prices gain with record China crude imports

US crude oil stocks rise, output falls for w/e June 7

Iran decries US sanctions on petrochemical industry

Canadian study finds disturbing plastics in humans

US oil output at record level while crude stocks fall

Oil prices continue gains after tanker attacks in Oman

Turkey's energy import bill up 12.5% in April 2019

Oil steady with attack on Saudi station, US-China trade

Lower income EU countries fail to uptake electric cars

Renewable energy employs 11 million people worldwide

Global offshore wind market to grow to €11B by 2028

Vestas secures 97 MW wind order in Brazil

Enel sells 540 MW of renewable capacity in Brazil

Renewable energy employs 11 million people worldwide

Enel sells 540 MW of renewable capacity in Brazil

Solar power illuminates power-hungry Malawi countryside

Scatec Solar signs up for 485 MW in Vietnam

Global hydropower capacity grows by 1.97% in 2018

Gas, renewables to replace coal for US power in summer

Majority of Norway's power from hydro in Mar. 19

Turkey hits daily hydroelectric gen. record on April 16

US awards $5.5 million for geothermal machine learning

Enel buys 650 MW of renewable power plants in US

Engie buys French biomethane producer Vol-V Biomasse

Eni, Indonesia’s Pertamina ink circular economy deal

Eni, NextChem to turn waste into energy

European consortium launches carbon capture project

EBRD, Turkish bank sign $112M financing agreement

UK to ban plastic straws, stirrers & buds in Apr. 2020

Climate finance by development banks reach $43.1B

Energy investments to increase in Norway in 2020

EBRD, Turkish bank sign $112M financing agreement

Google to invest €600M in new data center in Finland

Oil prices fluctuate with supply risks for w/e June 14

Oil prices continue gains after tanker attacks in Oman

US revises down oil price forecasts for 2019

Oil prices rebound from losses after rise in US stocks

US crude export levels and destinations rise in 2018

S&P revises Mexico's Pemex outlook to negative

Seven oil, gas majors establish blockchain consortium

Chevron is 1st US energy major to tie pay to emissions

US coal consumption in 2018 set to be lowest in 39 yrs.

Turkey's electricity consumption down 2.2% in Nov.

US plans to end electric car, renewable subsidies

MEDREG can play 'crucial' role in Med energy sector