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Oil prices down with rising US crude stock, coronavirus

- Low global oil demand expectations remain strong due to COVID-19

21.02.2020 Downstream , Stock Market , Asia

Turkey shows real market potential for electric cars

- Three out of 10 people in Turkey will use electric vehicles by 2030, according to the Shura Energy Transition Center

24.02.2020 Electricity , Transportation/Fuel Oil , Projects , Turkey

Bangladesh for greater trade, investment with Turkey

- Terming bilateral relations ‘excellent’ and ‘historic,’ president thanks Turkey for its support on Rohingya issue

21.02.2020 Finance , Asia , General

Microsoft invests $1.1B in Mexico

- Funds will go toward creating new data center, education, AI projects

21.02.2020 Invesments , Americas , General

EU leaders prepare for long budgetary talks

- Leaders gather in Brussels to discuss bloc’s next seven-year budget amid deep tension

21.02.2020 Finance , Europe , General

Oil steady with virus fears and rise in US crude stocks

- Crude inventories in US are estimated to increase by 4.2 million, API figures show

21.02.2020 Refining/Petro Chemistry , Stock Market , Energy Security , Asia , Americas

Rosneft income increases 50% in fourth quarter of 2019

- Revenue rises 6.3% from final quarter of 2018

20.02.2020 Upstream , Upstream , Invesments , Eurasia

Solar is key in cutting Turkish gas imports: GENSED head

- 1,000 megawatts of installed capacity in solar energy will prevent $110 million of Turkey's imported gas: Solar Energy Head

21.02.2020 Solar , Invesments , Energy Projects , Turkey

Oil prices gain with supply fears over Libya, Rosneft

- Missiles struck close to highly explosive LPG tanker in Tripoli

20.02.2020 Downstream , Stock Market , Energy Security , Middle East-Africa

Amazon's Jeff Bezos promises $10B to set up Earth Fund

- Initiative to fund efforts in fighting climate change, and protecting world's nature, says Amazon CEO

19.02.2020 Projects , Americas

Oil prices down with rising coronavirus cases

- Death toll in China from coronavirus outbreak increases to 1,869

19.02.2020 Downstream , Stock Market , Asia

EU invests over €100 million in climate neutrality

- The fund will be used in 10 large-scale environmental and climate projects in nine EU member states

18.02.2020 Invesments , Europe

Pakistan: Erdogan visit progresses free trade talks

- Pakistan to send textile sector delegation to Turkey before resumption of free trade negotiations, says commerce secretary

16.02.2020 Finance , Energy Diplomacy , Turkey , General

Spot market electricity prices for Sunday, Feb. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 88.44 million Turkish liras

15.02.2020 Thermal , Stock Market , Turkey

Spot market natural gas prices for Friday, Feb. 14

- 1,000 cubic meters of natural gas in spot market costs 1,478 Turkish liras on Friday

15.02.2020 Downstream , Stock Market , Turkey

US natural gas spot prices hit lowest level since 2016

- Relatively warm winter, gas production growth outpacing demand push prices to historic lows

18.02.2020 Downstream , Stock Market , Americas

Oil heads for 5% weekly gain as coronavirus fears ease

- Most reported cases are going back over days and weeks, WHO says

15.02.2020 Downstream , Stock Market , International Organization , Asia

LNG prices to recover from coronavirus lows by year end

- Spot LNG prices down more than 55% from a year ago as outbreak causes low gas demand

15.02.2020 Lng/Lpg , Stock Market , Asia

Oil prices remain under pressure with coronavirus woes

- Death toll in China from coronavirus outbreak rises to 1,381

14.02.2020 Downstream , Stock Market , Asia

Many countries eye dealership of Turkish-made car

- Offers mostly come from Gulf countries, Central Asian countries and Germany, says Turkish industry and technology minister

14.02.2020 Invesments , Turkey

Pentagon to divert $3.83B for Trump's wall construction

- Shift in funding sparks criticism from Democrat, Republican lawmakers

14.02.2020 Projects , Energy Security , Americas

Coronavirus to delay global recovery, cause oil surplus

- World GDP may contract by 1% in 1Q20, which would be first quarter-to-quarter contraction since 1Q09

14.02.2020 Downstream , Invesments , Energy Security , Asia

Oil loses gains as coronavirus deaths reach daily high

- Number of deaths climbed by daily record of 242 in China's Hubei province

14.02.2020 Downstream , Stock Market , Asia

Turkish automotive sector to recover in 2020: Report

- Automotive sales, production in Turkey to recover in 2020, consultancy firm's report shows

13.02.2020 Finance , Turkey

Turkey to post $1.2B current account surplus: Survey

- Anadolu Agency survey finds 2019 surplus estimates vary between $0.8B and $1.7B

13.02.2020 Finance , Turkey

Trump proposes $188 million for offshore energy budget

- $26.5 million assigned to advance offshore renewable development

13.02.2020 Wind , Invesments , Americas

EIA lowers oil price forecast by $4 due to coronavirus

- Brent crude expected to average $61 a barrel in 2020, down from previous estimate of $65 per barrel

13.02.2020 Upstream , Stock Market , International Organization , Asia , Americas

Oil up as coronavirus cases slow to support demand

- Number of new cases marks slowest growth rate since Jan. 31

12.02.2020 Downstream , Stock Market , Energy Security , Asia

Oil up with possibility of OPEC extending output cut

- Coronavirus 'has had a negative impact on oil demand and oil markets,' OPEC president says

12.02.2020 Downstream , Stock Market , International Organization , Asia , Middle East-Africa

Turkish, US businesses to meet in Washington in April

- Bilateral meeting to focus on energy, infrastructure and construction, digital economy, tourism, defense industry

11.02.2020 Invesments , Turkey , Americas

Trump budget cuts domestic programs, boosts defense

- US president's budget continues to pump funds into mammoth Pentagon budget while seeking domestic reductions

11.02.2020 Finance , Americas

Fortum's EBITDA increases 16% in 2019

- Fortum's comparable earnings before interest taxes increase by 16% to €1.77 billion in 2019

07.02.2020 Finance , Europe , General

Equinor's profit slightly falls due to low prices in '19

- Norwegian company's net operating income down by 54% to $9.23 billion in 2019

07.02.2020 Finance , Europe

Oil prices up with hopes of deeper OPEC production cuts

- Chinese ambassador to the UN shared latest information on coronavirus and measures taken with OPEC in Vienna

06.02.2020 Downstream , Stock Market , International Organization , Asia , Middle East-Africa

Shell, Equinor buy Schlumberger's stake in Argentina

- Partners buy Schlumberger's 49% stake in Bandurria Sur

04.02.2020 Finance , Europe , Americas , General

BP increases hydrocarbon production in 4Q19

- Underlying replacement cost profit falls 25.7% in final quarter, declines 21.2% for full year of 2019

05.02.2020 Upstream , Invesments , Europe

Turkey's elect. market trade volume rises 45% in Jan.

- Trade volume in day-ahead spot electricity market for January exceeds 4.6 billion Turkish liras

05.02.2020 Electricity , Finance , Turkey

Oil prices bounce back from 13-month lows

- Outbreak of coronavirus continues to keep crude demand low around the world

05.02.2020 Downstream , Stock Market , Energy Security , Middle East-Africa

Pakistan Stock Exchange loses 1,200 points

- Latest dive linked to high inflation reading and global equities slump

04.02.2020 Finance , Invesments , Stock Market , Asia

EU sets conditions for trade with UK

- European Commission unveils draft negotiation mandate on economic, security cooperation after Brexit

04.02.2020 Finance , International Relations , Europe

Turkey, Ukraine pledge steps to boost economic ties

- Turkish President Erdogan says Turkish contracting sector signed 184 projects worth total of $6.3B in Ukraine

04.02.2020 Finance , Invesments , International Relations , Turkey , Asia

Oil hits lowest level in six months due to coronavirus

- Prices at lowest level since Aug. 7, 2019

04.02.2020 Downstream , Stock Market , Asia

Chevron posts net loss of 6.6B in 4th qtr. of 2019

- Net income for full year of 2019 down 80% from previous year

01.02.2020 Upstream , Projects , Americas

ExxonMobil net income declines more than 30% in 2019

- For full year of 2019 revenue came 8.7% lower than previous year

01.02.2020 Upstream , Projects , Americas

Oil prices head for biggest monthly decline since May

- Crude heads for more than 13% monthly loss with coronavirus' negative impact on economic growth and global oil demand

03.02.2020 Downstream , Stock Market , Americas , Middle East-Africa

Uzbekistan's gas production down 1.6% in 2019

- Central Asian country expects to increase gas production to 66 billion cubic meters per year in 2020

31.01.2020 Natural Gas , Oil , Invesments , Energy Security , Energy Projects , Asia

Saudi Aramco invests $5 million in blockchain firm

- By using blockchain technology, the firm aims to further develop its trading platform and expand into new markets

31.01.2020 Downstream , Invesments , Middle East-Africa

Brent steady with low demand worries, Libya supply cuts

- Coronavirus spread lowers global oil demand, while Libya's oil output could come to a complete halt

31.01.2020 Upstream , Stock Market , Energy Security , Asia , Middle East-Africa

$74 mln. loan designated for Turkey's Kiyikoy wind farm

- Wind farm to more than triple capacity with financing from EBRD and ICBC Turkey

30.01.2020 Finance , Wind , Turkey

Oil prices up with surprise crude inventory draw

- US crude oil stocks estimated to decline by 4.27 million barrels for week ending Jan. 24

30.01.2020 Refining/Petro Chemistry , Stock Market , Energy Security , Asia , Americas

Turkey's share in global FDI may double: Official

- Head of Turkey's Investment Office says country to recieve 2% share in global foreign direct investments pie

29.01.2020 Finance , Turkey

Spot market natural gas prices for Monday, Jan. 27

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

28.01.2020 Downstream , Stock Market , Turkey

Spot market electricity prices for Wednesday, Jan. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.98 million Turkish liras

28.01.2020 Coal , Stock Market , Turkey

Oil revenues under threat for 1.3M Libyans: NOC head

- National Oil Company will not receive requested budget, which means billions less for Libyan people in future, Sanalla says

28.01.2020 Downstream , Invesments , Energy Projects , Middle East-Africa

Brent oil posts losses with rising coronavirus deaths

- Benchmark hits lowest level in nearly four months

29.01.2020 Downstream , Stock Market , Energy Security , Asia

Turkey set to break 2019 record in gold output in 2020

- Turkey has gone from zero production in 2000 to become the biggest producer in Europe: Turkish Gold Miners Assoc. President

28.01.2020 Projects , Invesments , Turkey

Spot market natural gas prices for Sunday, Jan. 26

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

27.01.2020 Natural Gas , Finance , Regulation , General

Oil heads for 6% weekly loss with China virus fears

- "Official GDP figures [in China] are likely to show a milder slowdown, as they did during SARS," expert says

25.01.2020 Downstream , Stock Market , Energy Security , Asia

Spot market electricity prices for Saturday, Jan. 25

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 143.21 million Turkish liras

24.01.2020 Electricity , Stock Market , Turkey

Spot market natural gas prices for Thursday, Jan. 23

- 1,000 cubic meters of natural gas in spot market costs 1,482 Turkish liras on Thursday

24.01.2020 Downstream , Stock Market , Americas

Baker Hughes earnings fall, revenues rise in 2019 & 4Q

- Revenue rises 7.8% in final quarter of 2019 and shows 4.2% increase for full year of 2019

24.01.2020 Stock Market , Americas

Oil recovers after WHO calms Chinese epidemic concerns

- Coronavirus in China "has not yet become a global emergency", WHO says

24.01.2020 Downstream , Stock Market , Asia

Halliburton posts net losses for 2019 and 4Q19

- Revenue for full year shows decrease of 6.6%

23.01.2020 Upstream , Stock Market , Americas

EIB loans €27M to Spain's Arteche for power innovation

- Arteche Group will focus on development of new technologies, solutions and products for the electric power industry

23.01.2020 Electricity , Invesments , Europe

Trump: China tariffs to remain during Phase 2 talks

- Trump says relationship with Chinese president "extraordinary", amid improved ties between two rivals

22.01.2020 Finance , Asia , Americas

Turkey expects $15B foreign direct investments in 2020

- Finance minister says Turkish lira should be competitive amid ongoing regional risks

21.01.2020 Finance , Turkey , General

Spot market electricity prices for Tuesday, Jan. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 156.28 million Turkish liras

20.01.2020 Electricity , Finance , General

Oil prices gain 1% with Libya shutdown

- Halt of oil exports causes 800,000 barrels per day of crude output loss, Libya's National Oil Corporation reveals

21.01.2020 Upstream , Stock Market , Energy Security , Middle East-Africa

Turkey's daily power consumption down 15.71% on Jan. 19

- Turkey's electricity exports total 8,002 megawatt-hours, while imports amount to 4,551 megawatt-hours on Sunday

20.01.2020 Electricity , Finance , General

Management board of Turkey’s rating agency announced

- Shares transfer of JCR Eurasia completed, says rating agency statement

18.01.2020 Finance , Turkey

Foreign investors eye Turkish start-ups

- Turkey has strategic location, impressive start-up scene, CEO of UK-based corporate advisor firm says

18.01.2020 Finance , Invesments , Turkey

Schlumberger revenue rises, posts net loss in 2019

- World's largest oilfield services firm reports $32.92 billion in revenue for full year

19.01.2020 Finance , Americas

Spirit of Davos 2020: Reshaping capitalism for fairer world

- 50 years on, World Economic Forum aims to set moral principles, guide companies in 4th Industrial Revolution age

17.01.2020 Finance , Projects , World , Europe

Oil down as China posts weakest grow in three decades

- Chinese economy expands 6.1% in 2019, weakest in 29 years

18.01.2020 Downstream , Stock Market , Asia

Global oil supply falls in Dec. 2019

- Escalating tension in the Middle East intensifies concern over supply security

17.01.2020 Oil , Finance , Downstream , General

Valeura's gas production rises 22% in 4th quarter 2019

- Gas production averages 646 barrels of oil equivalent per day in fourth quarter last year

17.01.2020 Shale/Unconventional , Stock Market , Turkey

Oil prices steady before US-China phase-one trade deal

- Investors skeptical that world's two largest economies will lift sanctions amid phase-two deal

15.01.2020 Downstream , Stock Market , International Relations , Asia , Americas

Energy Info. Admin. revises up 2020 oil price forecasts

- Brent crude estimated to average $65 per barrel this year

15.01.2020 Upstream , Stock Market , Americas

Oil prices up with US, China trade rapprochement

- US removes China's 'currency manipulator' label

15.01.2020 Downstream , Stock Market , International Relations , Asia , Americas

Global debt hits all-time high with $253T: Report

- Institute of International Finance report shows global debt jumped $9.6T as of third quarter of 2019

15.01.2020 Finance , World

US drops claim that China manipulates currency

- Washington’s move comes only two days before top officials sign the first part of a deal to end the trade war

14.01.2020 Finance , Asia , Americas

Danish Orsted constructs first Dutch offshore wind farm

- Offshore wind farm will be largest in Netherlands capable of supplying renewable power to around 1 million Dutch households

15.01.2020 Finance , Wind , General

S. Aramco nets extra $3.8 bln. after greenshoe option

- Aramco’s IPO is now worth $29.4 billion overtaking previous record holder; Chinese Alibaba

14.01.2020 Oil , Projects , Invesments , Energy Security , Energy Projects , Middle East-Africa

Automotive sector tops Turkey's exports in 2019

- Automotive, chemical and apparel sectors largest exporters in Turkey

12.01.2020 Finance , Turkey , General

Spot market electricity prices for Sunday, Jan. 12

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 132.2 million Turkish liras

13.01.2020 Thermal , Stock Market , Turkey

Spot market natural gas prices for Friday, Jan. 10

- 1,000 cubic meters of natural gas in spot market costs 1,467 Turkish liras on Friday

12.01.2020 Downstream , Stock Market , Turkey

Oil prices down as Middle East tensions ease

- Prices below Jan. 3 level when US carried out strike killing Iran's Qasem Soleimani

10.01.2020 Downstream , Stock Market , Energy Security , Americas , Middle East-Africa

World Bank: Turkey recovering 'faster than expected'

- Activity in Turkish economy rebounds from turmoil faster than expected as domestic demand improves, says bank

10.01.2020 Finance , Turkey

Oil prices down with lost gains after Trump's comments

- "Iran appears to be standing down," US President says

10.01.2020 Downstream , Stock Market , Energy Security , Americas , Middle East-Africa

Turkey: Treasury cash balance at $23B deficit in 2019

- Excluding interest payments, Turkish Treasury's primary balance sees $6.6B gap last year, according to official data

09.01.2020 Finance , Turkey

Oil prices down 1% as OPEC head's remarks calm market

- Brent crude down 1.33%, while WTI loses 1.75% after Barkindo's statements

10.01.2020 Oil , Finance , Americas , General

Brent crude up after Iran's missile attacks

- The benchmark passes key milestone of $70 a barrel for second time this week

08.01.2020 Downstream , Stock Market , International Relations , Americas , Middle East-Africa

Oil prices exceed other commodities in 2019: EIA

- Last year saw Brent crude rise by 22.7%, and West Texas Intermediate (WTI) jump 34.4%

08.01.2020 Refining/Petro Chemistry , Stock Market , Americas

Oil prices retreat from nine-month high

- Crude prices retreat around 1.4% on Tuesday

07.01.2020 Downstream , Stock Market , International Relations , Americas , Middle East-Africa

Danish firm to produce wind equip. with Turkish partner

- The joint venture company "Resolux Turkey" will begin production of wind turbine tower internals by end of January

08.01.2020 Renewable , Wind , Invesments , Turkey , Europe

Turkey's spot elect. market trade volume in 2019 up 17%

- Trade volume in day-ahead spot electricity market for 2019 edges up to 41 billion Turkish liras

07.01.2020 Electricity , Finance , Turkey

Oil prices up 2% as Middle East tensions escalate

- Price of Brent crude gained 3.55% on Friday

07.01.2020 Transportation/Fuel Oil , Stock Market , Energy Security , Americas , Middle East-Africa

Spot market natural gas prices for Friday, Jan. 3

- 1,000 cubic meters of natural gas in spot market costs 1,490 Turkish liras on Friday

04.01.2020 Natural Gas , Finance , Turkey , General

Total inflow to Turkish gas system down 6.33% in 2019

- Around 50 billion cubic meters entered Turkish natural gas system while gas consumption totaled 49.33 billion cubic meters

06.01.2020 Natural Gas , Finance , Turkey , General

US crude oil stocks decline for w/ending Dec. 27

- Commercial crude inventories decline by 11.5 million barrels

04.01.2020 Oil , Finance , Americas , General

Turkey's daily power consumption up 2.16% on Jan. 3

- Turkey's electricity exports total 7,494 megawatt-hours, while imports amount to 5,302 megawatt-hours on Friday

04.01.2020 Electricity , Finance , General

Oil shows strong weekly gain with 4% daily rise on Fri.

- Brent price heads for 1.1% gain, while WTI shows 3.3% increase for week ending Jan. 3

04.01.2020 Transportation/Fuel Oil , Stock Market , Energy Security , Americas , Middle East-Africa

Spot market electricity prices for Saturday, Jan. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 154.26 million Turkish liras

03.01.2020 Coal , Stock Market , Turkey

Spot market natural gas prices for Thursday, Jan. 2

- 1,000 cubic meters of natural gas in spot market costs 1,502 Turkish liras on Thursday

03.01.2020 Downstream , Stock Market , Turkey

Oil prices up 3% with tensions in Middle East

- Home to almost half of world's proved oil reserves, Middle East accounts for one-third of global oil production

03.01.2020 Downstream , Stock Market , Americas , Middle East-Africa

UAE issues op. license for Arab world's 1st nuke plant

Russia completes 1st reactor vessel welding for Akkuyu

Spot market electricity prices for Thursday, Feb. 13

Turkey's daily power consumption up 2.84% on Feb. 11

Turkey's daily power consumption down 11.9% on Feb. 23

Spot market electricity prices for Sunday, Feb. 16

Spot market electricity prices for Thursday, Feb. 13

Turkey's daily power consumption up 2.84% on Feb. 11

Turkey's daily power consumption up 12.6% on Feb. 24

Spot market electricity prices for Sunday, Feb. 23

Turkey's daily power consumption up 2.15% on Feb. 21

Spot market electricity prices for Thursday, Feb. 20

Saudi Aramco gets approval for major natural gas field

US natural gas output, exports to increase by 2050

Rosneft income increases 50% in fourth quarter of 2019

US' Gulf of Mexico lease sales scheduled for March 18

Spot market natural gas prices for Tuesday, Feb. 11

British LNG carrier arrives in Turkey

Danish LNG carrier arrives in Turkey

Valeura's gas production rises 22% in 4th quarter 2019

Spot market natural gas prices for Monday, Feb. 24

US natural gas stocks to hit record by end of October

Spot market natural gas prices for Friday, Feb. 21

Spot market natural gas prices for Tuesday, Feb. 18

Algerian LNG vessel arrives in Turkey on Feb. 23

US gas prices better than other countries amid Covid-19

Global LNG demand to double by 2040: Shell

Algerian LNG vessel to arrive in Turkey on Feb. 23

US oil rig count rises by one for week ending Feb. 21

Rosneft income increases 50% in fourth quarter of 2019

US oil rig count rises by two for week ending Feb. 14

US' Gulf of Mexico lease sales scheduled for March 18

Oil prices rebound from coronavirus fears

Oil set for weekly gain with virus rebound, Libya risks

Oil prices down with rising US crude stock, coronavirus

Global fuel demand growth revised down amid coronavirus

US crude oil inventories show less-than-expected rise

Oil steady with virus fears and rise in US crude stocks

US crude oil stocks, production up for w/ending Feb. 7

Oil steady as market awaits OPEC cut against low demand

Turkey shows real market potential for electric cars

Oil steady as market awaits OPEC cut against low demand

Turkey's oil imports up 45.7% in November 2019

Renewables in transport in EU up year-on-year in 2018

RWE, Saitec to test offshore wind farms in deep waters

Nordex receives order for 156 MW wind farm in Chile

Siemens raises stake in Gamesa Renewable for $1.2 bln.

Trump proposes $188 million for offshore energy budget

Solar is key in cutting Turkish gas imports: GENSED head

AA energy desk to host Turkey's solar energy Assoc. Head

Wind and solar surpass coal in EU electricity in 2019

Wind, solar to generate most new US power in 2020

AA energy desk to host Turkey's solar energy Assoc. Head

Hydro provides 90.1% of Norway's power in January

Siemens raises stake in Gamesa Renewable for $1.2 bln.

Hydro provides most of Norway's power in December 2019

Highlights of global energy market in 2019

UN wants action on climate change in 9 African nations

Turkey focuses on biomass from agricultural waste

Turkey to boost geothermal using support mechanisms

Turkey shows real market potential for electric cars

Amazon's Jeff Bezos promises $10B to set up Earth Fund

Pentagon to divert $3.83B for Trump's wall construction

Chevron posts net loss of 6.6B in 4th qtr. of 2019

Microsoft invests $1.1B in Mexico

Rosneft income increases 50% in fourth quarter of 2019

Solar is key in cutting Turkish gas imports: GENSED head

EU invests over €100 million in climate neutrality

Spot market natural gas prices for Monday, Feb. 24

Oil prices rebound from coronavirus fears

Spot market electricity prices for Sunday, Feb. 23

Spot market natural gas prices for Friday, Feb. 21

US' Gulf of Mexico lease sales scheduled for March 18

Turkey's energy import bill falls 7.4% in December 2019

French authorities, NGOs sue Total for climate change

ExxonMobil makes 15th oil discovery in offshore Guyana

Turkey's daily power consumption down 10.7% on Feb. 9

Spot market electricity prices for Friday, Feb. 7

Turkey's daily power consumption down 8.87% on Jan. 12

Spot market electricity prices for Thursday, Jan. 9