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Equinor joins wind farm development in Argentina

- Wind farm, with a total investment estimated at around $190 million, will provide a power capacity of 120 megawatts

08.08.2019 Finance , Wind , General

Battery, smart grid efficiency firms draw $1.7B in 1H19

- Investments in battery storage and efficiency companies rise while funding drops in smart grid firms in first half of 2019

07.08.2019 Renewable , Invesments , Asia , Americas

US: Dow falls over 760 points amid trade war concerns

- Sell-off continues after China devalues currency

06.08.2019 Finance , Asia , Americas

US imposes total economic embargo on Venezuelan gov’t

- Executive order prohibits economic transactions with Caracas

07.08.2019 Finance , Energy Security , Americas

US commerce secretary to visit Turkey in September

- ‘This visit to be important step on way to boost bilateral trade relations,’ says Turkish trade minister

06.08.2019 Finance , Turkey , Americas

Turkey: Strategic financing pack reaches 11,500 firms

- State lenders allocate $936.5M credit limit to 11,500 companies in strategic sectors

06.08.2019 Finance , Turkey

Turkish Central Bank raises reserve requirements for FX

- Bank increases reserve requirement ratios for FX deposit funds by 100 basis points to support financial stability

06.08.2019 Finance , Turkey

EU nominates Kristalina Georgieva for top IMF job

- Georgieva currently serving as chief executive of World Bank

04.08.2019 Finance , World , Americas

Turkey: Survey expects 16.7% annual inflation in July

- Group of 12 economists forecasts monthly inflation of 1.4%, varying between 1.1% and 1.76%

03.08.2019 Finance , Turkey

South Korea scrambles to deal with Japan’s trade move

- Seoul vows resolute response to ‘unfair’ measure by Tokyo

02.08.2019 Finance , Asia

US crude oil inventories fall for w/e July 26

- Crude oil production increase by 900,000 barrels per day (bpd) to around 12.2 million bpd for week ending July 26

02.08.2019 Oil , Finance , Americas , Middle East-Africa , General

Turkey's Treasury to repay $7B debt in August-October

- Treasury will borrow $4B from domestic markets over next 3 months, says Treasury and Finance Ministry

01.08.2019 Finance , Turkey , General

US Fed cuts interest rates for first time since 2008

- Central bank lowers rates by 25 basis points to range of 2%-2.5%, says it is ready to provide more support if growth slows

02.08.2019 Finance , Americas , General

Turkey's foreign trade deficit shrinks 42.5% in June

- Country's exports and imports this June at $11.08B and $14.26B, say official figures

31.07.2019 Finance , Turkey

Turkish Central Bank cuts year-end inflation forecast

- Turkey's year-end inflation rate expected to reach 13.9%, says Central Bank governor

31.07.2019 Finance , Turkey

Senate fails to override Trump veto on Saudi Arabia

- Although 5 Republicans voted in favor of bill, total fell short of two-thirds needed to override presidential veto

30.07.2019 Finance , Americas , Middle East-Africa

Turkey eyes enhanced trade, defense with Philippines

- Turkish foreign minister meets his Philippine counterpart Teodoro Locsin as part of ASEAN meeting

30.07.2019 Projects , International Relations , Asia

ASEAN: Southeast Asian power engine

- Thailand will host ASEAN Foreign Ministers’ 52nd Meeting on July 30, Turkey attending as sectoral dialogue partner

31.07.2019 Finance , Asia , General

First large-scale Akkuyu NPP equipment arrive

- Crucial safety equipment of power plant delivered to Unit 1 construction site, Akkuyu Nuclear Inc. announced

31.07.2019 Finance , Nuclear , General

Brent oil prices see slight fall week beginning July 29

- Oil prices fall slightly due to fear of global economic slowdown and with positive talks on Iran's nuclear deal

30.07.2019 Oil , Finance , General

Iran plans new steps cutting nuclear deal in September

- Participants of Iran nuclear deal call Tehran to refrain from 'less for less' line

30.07.2019 Finance , Nuclear , Energy Diplomacy , Energy Security , General

Second UK navy ship arrives in Persian Gulf

- HMS Duncan to support safe passage of British-flagged ships through Strait of Hormuz, says UK Defense Ministry

30.07.2019 Finance , Energy Security , Asia , General

Oil prices slightly, rise due to Middle East tension

- Iran's seizure of British oil tanker in Strait of Hormuz in reprisal for ship capture off Gibraltar causes oil price rise

28.07.2019 Oil , Finance , Energy Diplomacy , Middle East-Africa , General

Equinor and ptrs. discover small oil field in north sea

- Main reservoir is currently estimated to contain between 5 and 25 million barrels of oil in-place

26.07.2019 Oil , Finance , Europe , General

3 banks to co-finance Turkey’s largest geothermal plant

- When fully completed next year, the largest geothermal plant’s eight units will have total installed capacity of 260 MW

26.07.2019 Finance , Geothermal/Biomass , Turkey , General

Siemens Gamesa signs 94 MW wind contract in Brazil

- Company will install 27 SG 3.4-132 wind turbines to provide clean and affordable energy for Sao Francisco river region

26.07.2019 Finance , Wind , Americas , General

Europe's new wind installations up in 1h19 to 4.9 GW

- In the first half of 2019, Europe invested €8.8 billion in construction of future wind farms, WindEurope data reveals

26.07.2019 Finance , Wind , Europe , General

Global solar PV installations set to hit record in 2019

- Wood Mackenzie estimates that global annual solar installations will rise to around 125 gigawatts by early 2020

26.07.2019 Finance , Solar , Asia , General

'Turkey needs higher productivity for continual growth'

- World Bank points to reforms for Turkey to promote productivity growth in firms, allocate resources more efficiently

25.07.2019 Finance , Turkey

Top 10 wind turbine makers to spend €2.3B on R&D by 2023

- Wood Mackenzie reports shows that almost 100 new turbine models will hit the market by 2024

25.07.2019 Wind , Projects , Electricity , World , Asia , General

UK-Denmark power link gets green light with €1.1B deal

- Construction of the Viking Link is expected to be completed by the end of 2023

25.07.2019 Electricity , Projects , Europe

Taiwan emerges as new renewable energy center

- With innovative technologies and internationally-focused companies, Taiwan advances as new global renewables leader

25.07.2019 Renewable , Finance , Invesments , Asia

Venezuela halts school, work activities after power cut

- Government advises people to stay at their homes, says vice president

24.07.2019 Electricity , Finance , Energy Diplomacy , Americas , General

Turkish banker repatriated to Turkey

- Mehmet Hakan Atilla expected to land in Istanbul on Wednesday at 11.30 am local time

24.07.2019 Finance , Turkey , General

China continues to lead global steam turbine market

- Combined-cycle and cogeneration operations increase value of steam turbine market to $36.70 billion up to 2023

23.07.2019 Electricity , Coal , Invesments , Renewable , Asia , General

BP to join Bunge in new ethanol venture in Brazil

- Joint venture to have 32 million metric tonnes of combined crushing capacity per year

24.07.2019 Renewable , Projects , Americas

China set to overtake Japan as world’s top LNG importer

-Japanese LNG imports will fall 12% to 72.8 million tonnes per year by 2022 while China’s imports will rise by 37.5%: WoodMac

24.07.2019 Natural Gas , Finance , Lng/Lpg , Asia , General

Eni starts Coral Sul FLNG hull build offshore Mozambique

- Eni discovers supergiant gas resources in Coral Reservoir with estimated 2,400 billion cubic meters of gas in place

23.07.2019 Natural Gas , Finance , General

Siemens Gamesa to supply nearshore wind farm in Vietnam

- Siemens Gamesa will supply 7 SG 4.5-145 for the first phase of the No. 5 Thanh Hai wind farm project in Vietnam

23.07.2019 Finance , Wind , Asia , General

UK developing alternative to plastic with £209M fund

- Government hopes to reduce carbon impact by using plants instead of oils to make plastics

23.07.2019 Renewable , Invesments , Europe

Ethiopia: $35 million Hijra Bank trailblazing IFB

- Islamic Banking would help expand investment in the country in addition to creating much needed employment: Organizers

22.07.2019 Finance , Energy Projects , General

Oil rig count in US falls by 5 to 779 this week

- Brent oil prices continued their upward trend on Friday as tensions between the U.S. and Iran intensify

20.07.2019 Oil , Finance , Americas , General

Turkish parliament ratifies 11th development plan

- Country to attach importance to energy and development policies, says Vice President Fuat Oktay

20.07.2019 Invesments , Turkey

Brexit: No-deal could cause £30B economic hit

- UK economy would shrink 2% and enter recession if it were to leave EU without a deal, warns independent forecasting body

19.07.2019 Finance , Europe , General

Solar farm in Spain receives €285 million investment

- New 500-megawatt plant to have enough to supply clean energy to 250,000 people

18.07.2019 Solar , Invesments , Europe

Digital Turkey Version 1.0 completed 6 months early

- Average documents per service in government offices drops over tenfold, says vice president

17.07.2019 Finance , Turkey , General

Global debt reaches $246T in Q1

- Debt of emerging markets hit record high of $69 trillion, according to global association

17.07.2019 Finance , General

Interview with Turkey’s newly appointed central bank governor

- Recent developments suggest there is room for maneuver in monetary policy, says Murat Uysal

16.07.2019 Finance , Turkey

Oil gains weekly as dovish US Fed weakens dollar

- Federal Reserve's rate cut expectation lowers American dollar, and increases crude oil demand

13.07.2019 Upstream , Invesments , Americas

Lower global economic growth reduces oil demand: EIA

- Lower GDP growth expectation is one of main reasons for slower growth in global liquids consumption, US administration says

13.07.2019 Upstream , Invesments , Americas

Seasonally strong oil demand is expected in 2H19, OPEC

- Global oil demand growth is forecast at 1.14 million barrels per day for both 2019 and 2020

13.07.2019 Oil , Finance , Europe , Americas , Middle East-Africa , General

EU commission proposes $3.4B budget for innovation

- European Institute of Innovation and Technology’s proposed budget for new innovation agenda increased by 25%

12.07.2019 Finance , Europe , General

Global oil supply falls in June 2019

- OPEC crude oil production decreases by 68 thousand barrels per day to average 28.83 million barrels per day, data shows

12.07.2019 Oil , Finance , Middle East-Africa , General

Oil prices up with sharp decline in US crude stocks

- Rise in prices came after US crude oil inventories fell higher than expectation

11.07.2019 Refining/Petro Chemistry , Stock Market , Americas

Turkey's world share in aquaculture rises: Minister

- Since 2002, number of aquaculture facilities increased by 83%, reached 2,686, Turkish agriculture, forestry minister says

11.07.2019 Finance , Turkey , General

Eurozone's GDP expectation for 2020 drops

- Eurozone's GDP forecast for 2020 drops by 0.1 percentage points

11.07.2019 Finance , Europe , General

Ghana and World Bank join to reduce carbon emissions

- Deforestation in Ghana driven by cocoa farm expansion, logging and illegal mining

10.07.2019 Renewable , Invesments , Middle East-Africa

Saudi Aramco awards oil, gas contracts worth $18B

- Company plans to boost Marjan and Berri fields’ output capacity by 550,000 barrels per day of oil

11.07.2019 Oil , Projects , Invesments , Middle East-Africa

US, Qatar ink sweeping business deals

- Nations agree to large purchases of aircraft, defense equipment

10.07.2019 Finance , Energy Diplomacy , Americas , Middle East-Africa , General

Turkish Treasury borrows $2.15B through auctions

- Treasury and Finance Ministry holds 2 auctions for domestic markets to issue government bonds

09.07.2019 Invesments , Turkey

Oil prices see small decrease at week beginning July 8

- Oil prices fall slightly despite elevated tensions in Middle East

09.07.2019 Oil , Finance , Middle East-Africa , General

Turkey removes central bank governor, appoints deputy

- Murat Uysal appointed to position, according to presidential decree published in official gazette

07.07.2019 Finance , Turkey

Turkish Treasury posts $1.9B cash deficit in June

- Treasury's interest payments amounted to nearly $780 million last month, ministry announces

06.07.2019 Finance , Turkey

Kazakhstan aims to become Eurasian financial leader

- Roadmap focuses on improving institutional oversight, and expanding capital markets in both conventional and Islamic finance

06.07.2019 Projects , Invesments , International Relations , Eurasia , Asia

Eni awarded new license in Ghana’s offshore fields

- Eni's current gross production totals about 70,000 barrels of oil equivalent per day

05.07.2019 Oil , Finance , Middle East-Africa , General

Despite uncertainty, Spain sets date to form government

- Spain’s acting prime minister aims to be confirmed by end of July. If not, country could be forced to go back to polls

03.07.2019 Finance , Energy Diplomacy , Europe , General

Energia plans €3B investment in Ireland's renewables

- The investment will create 200 direct jobs and between 3,000 to 5,000 construction jobs

03.07.2019 Electricity , Finance , Europe , General

EBRD to finance solar project in Ukraine

- New solar plant, which is expected to be operational in 2020, will reduce 36,000 tonnes of carbon dioxide per year

02.07.2019 Finance , Solar , Eurasia , General

Scotland's green economy gets £10 million boost

- Electric bike hire schemes, electric bin lorries, zero-emission buses, community hydropower station among selected projects

03.07.2019 Renewable , Projects , Invesments , Europe

Swiss firm BKW enables investment in 100% clean energy

- BKW is refinancing construction of various Swiss small hydroelectric power plants and wind farms in Norway and France

03.07.2019 Finance , Renewable , Europe , General

Turkey’s manufacturing activity at 11-month high

- Survey shows business conditions in Turkish manufacturing sector moderated to least extent in almost a year during June

01.07.2019 Finance , Turkey

Economists forecast fall in Turkey's June inflation

- Anadolu Agency survey foresees annual inflation to drop to 15.78% in June, down from 18.71% in May

01.07.2019 Finance , Turkey

EU unemployment rate at 6.3% in May

- Eurostat says unemployment figure stands at lowest rate recorded in 28-member bloc since January 2000

01.07.2019 Finance , Europe

Turkey's LPG imports down over 1.76% in April 2019

- Total sales decrease by 2.53% to around 329 thousand tonnes in April, according to Turkey's energy watchdog

02.07.2019 Finance , Lng/Lpg , Turkey

Oil prices up as US-China agree to restart trade talks

- Possibility of a trade deal mitigates fears of low global oil demand this year

02.07.2019 Oil , Stock Market , International Relations , Asia , Americas

Trump, Kim agree to resume denuclearization talks

- US President and his South Korean counterpart see off Kim at DMZ after an hour-long meeting

01.07.2019 Finance , Energy Diplomacy , Asia , Americas , General

Turkish business group welcomes Erdogan-Trump meeting

- US President Trump's goodwill and rational attitude is very promising, says head of Turkey-US Business Council

01.07.2019 Finance , Turkey , Americas , General

G20 Osaka summit statement stresses on free, fair trade

- Joint communique of the world’s top economies skips denouncing trade protectionism

30.06.2019 Finance , World , General

Trump: S400-F35 tension Obama's fault, not Turkey's

- Obama administration said no, no, no when Turkey wanted to purchase Patriots, says Trump, acquitting Turkey in S400 matter

30.06.2019 Finance , Energy Security , Turkey , Americas , Middle East-Africa , General

Erdogan, Modi meet in Japan, discuss trade, defense

- It was first meeting between Turkish and Indian leaders ever since Narendra Modi won a second term as prime minister

30.06.2019 Finance , Energy Diplomacy , Turkey , Asia , General

Erdogan hails 'strategic partnership' with US

- Turkish president gathered with his US counterpart at G20 summit, welcomed countries’ ‘strategic partnership’

29.06.2019 Finance , Turkey , Americas , General

Oil heads for biggest monthly gain before OPEC meeting

- Brent set to gain 6.75%, while WTI heads towards a 11.5% upturn in June

29.06.2019 Transportation/Fuel Oil , Stock Market , Energy Security , Americas , Middle East-Africa

Oil prices down ahead of G20 summit

- All eyes will be on Trump-Xi meeting

28.06.2019 Stock Market , International Relations , Asia , Americas

Turkish banker to be released from prison July 19

- Hakan Atilla will walk free from federal prison early for good behavior, says person close to matter

28.06.2019 Invesments , International Relations , Americas

UK backs carbon capture and storage progress with £26M

- Nine projects to receive between £170,000 and £7 million to advance carbon capture technology

28.06.2019 Renewable , Invesments , Europe

US crude oil stocks, production falls for w/e June 21

- Crude oil stocks fall 2.7% to 469.6 million barrels, while production declines for third consecutive week

28.06.2019 Oil , Finance , Energy Security , Americas

UK: Corbyn calls for end to arms export to Saudi Arabia

- Opposition leader accuses government of ignoring war crimes committed in Yemen

27.06.2019 Finance , International Relations , Europe , Middle East-Africa

Turkey-US ties based on strategic partnership: Erdogan

- 'I don't know if NATO countries began to impose sanctions on each other,' says Turkish president

27.06.2019 Finance , International Relations , Turkey

Kenyan court blocks East Africa's first coal plant

- Environmental activists welcome court’s verdict

28.06.2019 Finance , Coal , Energy Projects , Middle East-Africa

Turkish, US top defense officials discuss F-35, Syria

- Hulusi Akar, Mark Esper meet in NATO headquarters in Brussels

27.06.2019 Finance , International Relations , Turkey

Eni and IBM boost geological smart data interpretation

- New artificial intelligence platform will support Eni's decision-making during initial stages of exploration phase

26.06.2019 Renewable , Finance , General

EBRD loans €18 million for Kosovo’s first wind farm

- The wind farm will raise annual national electricity generation by more than 1.4 %

27.06.2019 Finance , Wind , Renewable , General

Oil prices up as US-Iran tension escalates

- "Any attack by Iran on anything American will be met with great and overwhelming force," Trump says

26.06.2019 Transportation/Fuel Oil , Stock Market , Americas , Middle East-Africa

US-led economic conference kicks off in Bahrain

-Jared Kushner describes the "deal of the century" as "opportunity of the century"

26.06.2019 Projects , Americas

Canadian government approves $40 billion LNG project

- Project represents largest single private sector investment in country's history

26.06.2019 Lng/Lpg , Invesments , Energy Projects , Americas

Norway's wealth fund to revoke exclusions of 5 firms

- Banned companies have remedied problems that initially caused exclusions, says Norges Bank

26.06.2019 Finance , Europe , General

Siemens Gamesa receives firm wind order in Taiwan

- Siemens Gamesa will install SG 8.0-167 Direct Drive offshore wind turbines at Greater Changhua 1 & 2a project

26.06.2019 Finance , Wind , Asia , General

UK offshore wind industry gains £100 million support

- First pilot opportunity expected in September with further programs starting early 2020

25.06.2019 Wind , Invesments , Europe

Oil steady as Trump queries US protection of oil lanes

- "... Why are we protecting the shipping lanes for other countries (many years) for zero compensation," says Trump

25.06.2019 Transportation/Fuel Oil , Stock Market , International Relations , Americas , Middle East-Africa

Turkey: Manufacturing capacity use slightly up in June

- Central Bank survey shows manufacturing industry's capacity utilization rate rises by 0.8 percentage point on monthly basis

24.06.2019 Finance , Turkey , General

Iranians defiant amid U.S. sanctions, saber-rattling

-With re-imposition of sanctions, Iran’s economy went into tailspin, leading to devaluation of currency, inflation and discontent

25.06.2019 Finance , Americas , Middle East-Africa , General

Oil prices see small increase at week beginning June 24

- Oil price rise sustained following Trump's response to Iran's downing of U.S. reconnaissance drone on Thursday

25.06.2019 Oil , Finance , Downstream , Americas , Middle East-Africa , General

US unveils economic portion of Middle East peace plan

- Plan calls for $50 billion in investments for Palestinians in next 10 years

24.06.2019 Finance , Energy Diplomacy , Americas , Middle East-Africa

Oil prices gain as dollar weakens with dovish Fed

- US dollar declines with Federal Reserve opening door for a rate cut

21.06.2019 Downstream , Stock Market , Americas

US sanctions on Iran 'economic terrorism': Rouhani

-Rouhani says U.S. sanctions amount to "crime against humanity"

20.06.2019 Finance , Energy Diplomacy , Americas , Middle East-Africa , General

Russia: Death toll hits 5 in missile test explosion

US 'responsible' for nuclear pact destruction: Putin

Iran cites US duplicitious attitude to nuclear program

US sanctions Iran’s foreign minister

Iran, Japan to barter oil for power plant upgrade

Turkey's installed power capacity up 58% in 5 months

GE begins to digitize thermal, renewable power in India

China's coal output up 5.2 pct in September

German RWE closing down Aberthaw coal plant in Wales

China continues to lead global steam turbine market

UK's National Trust to halt fossil fuel investments

Turkey's lignite use down 0.15% in April

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

Turkey's natural gas imports down 10.9% in May

Shell and Aygaz receive export gas licenses from Turkey

Oil prices see small increase at week beginning June 24

Russia holds 19.8% of total global proven gas reserves

EU approves public support for Croatian LNG terminal

Turkey's LPG imports down over 8.81% in May 2019

EU increases US imports of LNG by over 367% y-o-y

China set to overtake Japan as world’s top LNG importer

Global oil supply up in July 2019

US crude oil inventories rise for w/e August 9

Oil rig count in US falls by 3 to 776 this week

Oil gains weekly as dovish US Fed weakens dollar

BP second-quarter profits beat expectations

Turkey's crude oil imports up 48.22% in May

Oil prices gain as dollar weakens with dovish Fed

Oil up as trade woes abate with Trump, Xi meeting

US crude oil inventories rise for w/e August 9

Oil prices up as Gulf of Mexico storm cuts output

Oil prices up with sharp decline in US crude stocks

Norway's petroleum sales decrease in May

Canadian firm turns non-recyclable plastics to fuel

BP, Reliance take on India's fuel and aviation business

Iraq denies links with oil tanker seized by Iran

Oil prices steady with weak demand, Iran tension

Equinor joins wind farm development in Argentina

Biggest wind farm in Scotland starts operations

Siemens Gamesa signs 94 MW wind contract in Brazil

Europe's new wind installations up in 1h19 to 4.9 GW

Turkey's Naturel Energy Co. goes public

India leads with lowest renewable cost in Asia Pacific

Global solar PV installations set to hit record in 2019

Solar farm in Spain receives €285 million investment

Hydro leads in providing most of Norway's power in June

Turkey to 'resolutely' continue drilling in E. Med: VP

Hydro leads in providing most of Norway's power in May

Global hydropower capacity grows by 1.97% in 2018

3 banks to co-finance Turkey’s largest geothermal plant

Biogas shows potential to reduce emissions by 13%

Wales turns wood to energy via £160M power station

US awards $5.5 million for geothermal machine learning

Welsh, Irish coast gets €1.3M to aid with climate change

Turkey eyes enhanced trade, defense with Philippines

Top 10 wind turbine makers to spend €2.3B on R&D by 2023

UK-Denmark power link gets green light with €1.1B deal

Turkey's Naturel Energy Co. goes public

Battery, smart grid efficiency firms draw $1.7B in 1H19

Taiwan emerges as new renewable energy center

China continues to lead global steam turbine market

Oil prices gain as US recession fears subside

Oil prices up with sharp decline in US crude stocks

Oil prices up as US-China agree to restart trade talks

Oil heads for biggest monthly gain before OPEC meeting

Brent to average $69.50 in 2H19: Wood Mackenzie

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

Top 10 wind turbine makers to spend €2.3B on R&D by 2023

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