Anadolu Agency

home > Finance > Invesments

More Invesments News

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

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

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

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

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

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

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

EBRD to invest €250M in Turkish energy sector in 2019

- Bank has every intention to maintain same levels of financing this year, EBRD director says

20.06.2019 Invesments , Turkey

Vestas receives its largest wind order in Brazil

- Project is expected to become operational during the second half of 2021

18.06.2019 Wind , Invesments , Americas , General

SOCAR Turkey finalizes acquisition of EWE Turkey

- 5 companies including natural gas distribution and telecommunication will start operations under umbrella of SOCAR Turkey

19.06.2019 Natural Gas , Invesments

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Ford invests $500M in all-new battery electric vehicle

- Latest investment is in addition to Ford’s existing plans to develop a portfolio of battery electric vehicles

26.04.2019 Electricity , Invesments , Americas

China could support low carbon growth by greening BRI

- By greening Belt and Road Initiative, China could help two-thirds of world’s population in move to low carbon transition

23.04.2019 Invesments , Renewable , Asia

Schlumberger's net income falls 20% in 1Q19

- Net income decreases to $421 million in first quarter of year, from $525 million for same period a year ago

20.04.2019 Upstream , Invesments , Americas

Equinor invests in new oil platform in Azerbaijan

- Equinor & partners agree $6 billion investment to build platform in offshore Azeri Chirag Gunashli oilfield in Caspian Sea

20.04.2019 Invesments , Europe , Eurasia , General

$170M to help battery tech Co. improve li-ion batteries

- Sila Nano plans to supply first commercial customers in consumer electronics within next year

18.04.2019 Electricity , Invesments , General

Germany, Norway open offshore wind farm in Baltic Sea

- Arkona wind farm has capacity to supply renewable energy to 400,000 homes

17.04.2019 Wind , Invesments , Energy Projects , Europe

US crude oil production more than doubles in decade

- Since shale oil revolution in 2008, US sees annual crude production grow by 119%

16.04.2019 Upstream , Invesments , Energy Projects , Americas

Turkey set to invest $11B in energy efficiency

- Country also hopes to cutmarc primary energy consumption 14%, says deputy energy and natural resources minister

10.04.2019 Renewable , Finance , Projects , Invesments , Renewable , Europe

Renewables, electrification can reduce 75% of emissions

- IRENA's new report finds every dollar spent on energy transition will pay off by up to seven times

10.04.2019 Finance , Projects , Invesments , Renewable , World , Turkey , Europe

Saudi Arkad wins tender to build gas p/line in Bulgaria

- Saudi-led consortium wins contract to lay pipeline in Bulgaria to transport Russian natural gas

09.04.2019 Natural Gas , Invesments , Turkey , Europe , General

UK minister resigns amid Brexit row with government

- Minister for Wales and government whip Nigel Adams resigns after PM May's decision to start Brexit talks with opposition

03.04.2019 Finance , Invesments , Europe

Turkey, EU chambers and exchanges to work together

- Chambers and commodity exchanges to focus on digitalization, agriculture, women entrepreneurship and SMEs

03.04.2019 Invesments , Turkey , Europe

African free trade zone gets final needed approval

- Parliament of Gambia approves ratification of massive new $3 trillion African Continental Free Trade Area agreement

03.04.2019 Invesments

Upcoming no-election period chance for reforms: TUSIAD

- Turkish business body says tight monetary and budget policies should be a priority for economic confidence environment

01.04.2019 Finance , Invesments , Energy Diplomacy

EU to offer €750M funding for clean energy projects

- The call for proposals will be open until June 13, European Commission says

22.03.2019 Renewable , Invesments , Europe

Norway's wealth fund seeks to divest oil, gas holdings

- Goal is to reduce vulnerability to permanent oil price decline, says finance minister

10.03.2019 Upstream , Upstream , Invesments , Europe , General

Oil down with weak Eurozone estimates, Chinese exports

- Chinese exports fall in February, signaling future weaker oil demand

08.03.2019 Upstream , Invesments , Europe , Asia

ExxonMobil, Chevron to ramp up Permian output in 5 yrs.

- Companies plan to increase output in oil-rich basin by around 1 million barrels a day each

07.03.2019 Upstream , Invesments , Americas

Total buys 10% Arctic LNG 2 project stake from Novatek

- Arctic LNG 2 project's final investment decision is expected in the second half of 2019

05.03.2019 Lng/Lpg , Invesments , Europe , Eurasia , General

Oil prices down as China lowers growth forecast

- China lowers growth expectation for 2019 to between 6-6.5 percent from previous estimate of 6.5 percent

06.03.2019 Upstream , Invesments , International Relations , Asia

US shale output to grow 15% in 2019 with 5% lower capex

- Shale operators aim to prioritize cost discipline over aggressive growth, Rystad Energy partner says

05.03.2019 Upstream , Invesments , Americas

ExxonMobil to enlarge Louisiana facility's production

- Expansion is part of $20 billion investment to build manufacturing facilities in US' Gulf region

04.03.2019 Refining/Petro Chemistry , Invesments , Americas

Norway's sovereign fund invests over $700M in Turkey

- As of end December 2018, fund has over $700 million in investments in 58 different Turkish firms, including eight in energy

04.03.2019 Invesments , Turkey , Europe , General

Chesapeake's net income rises in 4th qtr, falls in 2018

- Net income soars 54 percent in final quarter of 2018, but declines 8 percent for full year

01.03.2019 Upstream , Invesments , Americas

EU to invest €10 billion for low-carbon technologies

- New investment program, Innovation Fund, aims to create financial incentives for low-carbon technologies, EC says

27.02.2019 Invesments , Europe

Fitch places Venezuela's CITGO on negative rating watch

- Agency warns negative rating action could be taken if CITGO fails to replace lost PDVSA oil volumes

27.02.2019 Upstream , Invesments , Americas

New oil, gas projects to triple in 2019: Rystad Energy

- Total volumes could be more than 46 billion barrels of oil equivalent this year, research firm says

26.02.2019 Upstream , Upstream , Invesments

Turkey likely to see new big energy investments by 2020

- Banks in Turkey to restructure $7-$8 billion credit of energy companies, Garanti Bank's top official says

27.02.2019 Electricity , Invesments , Turkey

Equinor natural gas sales increase 29 percent in 2018

- Second-largest gas supplier to Europe sells $26 billion worth of gas last year and sees further demand growth towards 2030

22.02.2019 Downstream , Invesments , Europe

Norway's energy investments up by 7.5% in 2018

-Oil and gas, manufacturing, mining and quarrying, and electricity supply investments total 217.4 billion Norwegian crowns

21.02.2019 Invesments , Europe , General

Turkey to invest $23 million for TurkStream in 2019

- Turkish government will spend total 217.91 million liras for TurkStream natural gas pipeline's section on Turkish soil

20.02.2019 Natural Gas , Invesments , Turkey , Europe , Eurasia , General

Turkish shipping industry blossomed in 16 years:Erdogan

- President Recep Tayyip Erdogan speaks at launch ceremony for test and training ship in Istanbul

11.02.2019 Invesments , Energy Diplomacy , Turkey

US oil producer Apache cuts budget expenditure for 2019

- Company lowers capital budget for this year to $2.4 billion, from previous plan of $3 billion

09.02.2019 Upstream , Invesments , Americas

Total SA income, revenue rise through record production

- Hydrocarbon production reaches record level of 2.8 million barrels oil equivalent per day in 2018, up 8.9 percent from 2017

08.02.2019 Invesments , Europe

ExxonMobil, Qatar Petr. to invest $10B for LNG exports

- Golden Pass LNG export project to have annual LNG production capacity of around 16 million tons

07.02.2019 Lng/Lpg , Invesments , Asia , Americas

Chevron revenue, earnings increase in 4Q18

- Earnings jump 19 percent and revenue rises 11 percent

05.02.2019 Upstream , Invesments , Americas

ExxonMobil earnings fall, revenue rises in 4th qtr. '18

- Earnings down 28 percent, but revenue up 8 percent

04.02.2019 Invesments , Americas

Chevron agrees to buy Texas refinery for $350 million

- Refinery can process 110,000 barrels a day of light crude and has storage capacity of 5.1 million barrels of oil products

01.02.2019 Refining/Petro Chemistry , Invesments , Americas

Equinor completes acquisition of Danske Commodities

- DC will operate under its own name with more collaboration in relevant commercial and operational activities with Equinor

01.02.2019 Invesments , Europe , General

Eaton Corp. buys 82% share in Turkey's Ulusoy Elektrik

- Share purchase price is approximately $214 million on a cash and debt-free basis

01.02.2019 Electricity , Invesments , Stock Market , Turkey , General

ConocoPhillips sees net income, revenue rise in 4Q18

- Revenue and net income increase by more than 18 percent in final quarter of 2018

01.02.2019 Upstream , Invesments , Americas

Shell posts over 40 percent income rise in 4th qtr.

- Company sees a 46.7 percent jump in net income

01.02.2019 Invesments , Europe

Hess posts capex rise, net loss reduction in 4th qtr.

- Company's portfolio is forecast to have break-even Brent price of less than $40 per barrel by 2025, CEO says

01.02.2019 Upstream , Invesments , Americas

ExxonMobil to begin major refinery expansion in Texas

- New unit to increase crude refining capacity by more than 65 percent, or 250,000 barrels per day

31.01.2019 Refining/Petro Chemistry , Invesments , Americas

BP invests $5M in US firm for artificial intelligence

- The technology will apply machine learning and cognitive computing in BP's oil and gas businesses

30.01.2019 Upstream , Invesments , Europe , Americas

Valeura reports good results in Turkey's Inanli-1 well

- Positive test well results for gas in Thrace Basin boosts Valeura's confidence in Turkey

29.01.2019 Natural Gas , Invesments , Turkey , Americas , General

EBRD arranges €150M loan for Ukraine's largest wind farm

- 250-MW wind farm will be built in Kherson region of southern Ukraine

25.01.2019 Projects , Invesments , Energy Projects , Europe

European bank to invest about €1B in Turkey in 2019

- Bank praises country's strong economic fundamentals and young demographics

23.01.2019 Invesments , Turkey , Europe , Eurasia , General

Landmark Canakkale bridge to be completed in 2022

- Turkish Parliament Speaker Binali Yildirim lauds the project saying it will be completed earlier than planned

20.01.2019 Invesments , Turkey , General

Turkey no. 2 country setting up firms in Uzbekistan

- Turkey founded 364 companies in Central Asian country in 2018, second only to Russia

16.01.2019 Finance , Invesments , Asia , General

Trans Adriatic Pipeline completes financing of €3.9 bln

- The amount is largest project finance agreed for a European infrastructure project in 2018

13.01.2019 Natural Gas , Invesments

German strike grounds 600 flights affecting thousands

- Security staff at airports in Dusseldorf, Cologne/Bonn, Stuttgart walk out in pay dispute with employers

11.01.2019 Invesments , Europe , General

Canadian firm gets investment for carbon removal tech.

- Carbon plants can be located in oil fields for enhanced oil recovery, says company

11.01.2019 Invesments , Americas

Turkey to explore metallic minerals in Uzbekistan

- Final agreement for a 700-kilometer square mine site will be soon signed, deputy energy minister says

04.01.2019 Invesments , Turkey

Turkey: Manufacturing PMI at 44.2 in December

- Slowdown in output, new orders milder than in previous month, closely watched business survey shows

02.01.2019 Invesments , Turkey

US energy expenditures decline for fifth year: EIA

- Lower energy prices push expenditure down as total energy consumption remains virtually unchanged

28.12.2018 Electricity , Invesments , Americas

STAR Refinery to market initial products in January

- Facility will help decrease Turkey's current account deficit by $1.5 billion per year

28.12.2018 Refining/Petro Chemistry , Invesments

Turkish industrial capacity usage 74.1-pct in Dec.

- Capacity utilization rate of manufacturing industry stays unchanged versus previous month, Turkey's Central Bank says

26.12.2018 Invesments , Turkey , General

Qatar Petroleum to invest $20 billion in US

- "We think the US has a huge potential in production going forward," Qatari official says

18.12.2018 Lng/Lpg , Invesments , Americas , Middle East-Africa

Oil, gas firms ready for low prices in 2019: WoodMac

- "Portfolios are set to weather low prices," a WoodMackenzie expert says

18.12.2018 Lng/Lpg , Upstream , Invesments , Americas

Turkish FM criticizes 'unacceptable' sanctions on Qatar

- Qatar is becoming more self-sufficient every passing day by taking steps to diversify its economy, says Mevlut Cavusoglu

16.12.2018 Natural Gas , Invesments , Turkey

EBRD stops financing coal-related energy projects

- European development bank puts decarbonization at center of its new energy strategy for next five years

14.12.2018 Renewable , Finance , Projects , Invesments , World , General

Finnish Neste to invest $1.6B in Singapore production

- Investment will extend Neste’s renewable product overall capacity in Singapore by up to 1.3 million tons per annum

12.12.2018 Oil , Invesments , Asia , General

Siemens Gamesa, Enel Russia sign 201 MW wind deal

-Siemens Gamesa will supply 57 of its Siemens Gamesa 3.X platform turbines to the Kola wind farm

13.12.2018 Finance , Wind , Invesments , Eurasia , General

US oil majors raise oil production outlook for 2019

- ConocoPhillips and Hess forecast production of more oil next year, while keeping their budgets flat

12.12.2018 Upstream , Invesments , Americas

$1.2B investment for polypropylene facility in Turkey

- When operational, new polypropylene production facility in Adana will decrease Turkey's polypropylene imports

30.11.2018 Oil , Invesments , Turkey , Middle East-Africa , General

EU's renewable targets on track for decarbonization

- European Commission calls for net-zero greenhouse gas emissions by 2050 in its new decarbonization strategy

29.11.2018 Finance , Invesments , Renewable , International Organization , General

Orsted to invest $30.2B in green energy by 2025

- Danish offshore wind giant sets new, ambitious targets including installed offshore wind capacity of over 30 GW by 2030

29.11.2018 Wind , Invesments , News from companies , Europe

General Motors to close five North America factories

- Company to also cut salaried workforce by 15 percent

27.11.2018 Invesments

Turkey, Sudan sign range of bilateral agreements

- Agreements are signed during visit to Khartoum by Turkish Vice President Fuat Oktay

21.11.2018 Invesments , International Relations

Russia grants €3B for corridor project:Iranian minister

- International North-South Transport Corridor to link India, Russia, Iran, Europe and Central Asia

21.11.2018 Invesments , Middle East-Africa

Norway's Equinor to invest in reducing carbon footprint

- Equinor is prepared to pay for the protection of tropical forests

21.11.2018 Invesments , Europe , General

Turkish firm to lay 750 km power line in Afghanistan

- $1.6 billion project to supply 1000 MW of electricity each to Afghanistan, Pakistan

08.11.2018 Electricity , Invesments , Turkey , Asia

South Africa joins International Energy Agency family

- South Africa is the first sub-Saharan African country to institutionalize its engagement with the IEA

07.11.2018 Invesments , International Organization , Middle East-Africa , General

Pakistan, China agree to trade in yuan

- Move would help both countries get rid of US dollar in bilateral trade, including for China-Pakistan Economic Corridor

06.11.2018 Invesments , Asia

EBRD completely closes door on coal financing

- We are very clear in our new five-year strategy that we will no longer support coal, says EBRD managing director

03.11.2018 Coal , Invesments

Turkey's energy goals in 11th devel. plan 'achievable'

UAE's Barakah NPP advances towards gaining ops. license

Iran may go for 20% enrichment: Atomic Energy spokesman

Turkey boosts energy cooperation with China

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

UK's National Trust to halt fossil fuel investments

Turkey's lignite use down 0.15% in April

Kenyan court blocks East Africa's first coal plant

Turkey aims to increase share of renewables: Minister

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

Oil prices see small increase at week beginning June 24

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

Algerian LNG carrier arrives in Turkey

Novatek increases gas sales by 23.7% in 2Q19

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

Russian Novatek sends first LNG cargo to Japan

Oil gains weekly as dovish US Fed weakens dollar

Lower global economic growth reduces oil demand: EIA

US crude output for April surpasses 12M barrels daily

Oil sees weekly fall from oversupply, low demand worries

Oil prices gain as dollar weakens with dovish Fed

Oil up as trade woes abate with Trump, Xi meeting

Oil prices down with weak demand, forecast revisions

US again leads world in oil production, consumption

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

US crude oil stocks, production falls for w/e June 14

Oil prices steady with weak demand, Iran tension

Oil heads for biggest monthly gain before OPEC meeting

Oil prices up as US-Iran tension escalates

Oil steady as Trump queries US protection of oil lanes

Kenya launches Africa’s biggest wind power plant

GE to supply equipment for 158 MW wind farms in Turkey

Equinor plans first floating wind farm in Asia

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

Solar farm in Spain receives €285 million investment

Global wind power capacity to grow by 60% in 5 years

EBRD to finance solar project in Ukraine

European solar installations to double over next 3 yrs.

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

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

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

Enel buys 650 MW of renewable power plants in US

Saudi Aramco awards oil, gas contracts worth $18B

Kazakhstan aims to become Eurasian financial leader

Scotland's green economy gets £10 million boost

US-led economic conference kicks off in Bahrain

Turkish parliament ratifies 11th development plan

Solar farm in Spain receives €285 million investment

Oil gains weekly as dovish US Fed weakens dollar

Lower global economic growth reduces oil demand: EIA

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

Oil prices down ahead of G20 summit

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

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