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Islamic bank, Turkey to expand cooperation

- Islamic Development Bank Group and Turkish officials to sign deals worth $500M+ next week in Istanbul

21.11.2019 Invesments , Turkey

'Economic Leaders' gathering launches in Spain

- Annual forum kicks off under 'new dawn for the Mediterranean' motto, discussing cooperation in energy, automotive sectors

21.11.2019 Invesments

Saudi Aramco's income higher than 9 oil majors combined

- Firm's earnings more than total of ExxonMobil, Chevron, ConocoPhillips, BP, Royal Dutch Shell, Total, Eni, Equinor, Rosneft

21.11.2019 Downstream , Invesments , Europe , Americas , Middle East-Africa

Euro. Invest. Bank to end fossil fuel financing by 2021

- Part of EIB's plan to tackle climate change will see unlocking of €1 billion for sustainable investments to 2030

15.11.2019 Coal , Invesments

Taiwan to build $100 million steel factory in Turkey

- Factory, which will employ 300, will be located in industrial province of Kocaeli in Marmara region

13.11.2019 Finance , Invesments , Turkey , Asia

Turkey, Denmark work closely for offshore wind growth

- Work includes tender design & procedures, financial framework, port infrastructure, and road map: Danish Embassy Counselor

14.11.2019 Wind , Projects , Invesments , Turkey , Europe

Turkey to boost geothermal using support mechanisms

- Risk mitigation tools and public engagement can facilitate new investments: European Geothermal Energy Council Sec.-Gen.

13.11.2019 Geothermal/Biomass , Invesments , Turkey

Saudi Aramco to sell 0.5% in IPO to retail investors

- Oil reserves of company, estimated at 209 billion barrels, comes in as second largest in world after Venezuela

12.11.2019 Oil , Invesments , Energy Projects , Middle East-Africa

Turkey introduces 4 new domestic boron products

- Turkey will produce 8% of world's boron carbide needs after Balikesir facility is completed, energy minister says

09.11.2019 Invesments , Energy Projects , Turkey

Chesapeake net loss shrinks, revenue falls in 3rd qtr.

- Revenue decreases to $2.09 billion in third quarter of 2019, marking a 13.6% decline year-over-year

06.11.2019 Upstream , Upstream , Invesments , Americas

Turkey among top 5 in Europe in renewables investments

- Securing 1% energy efficiency is significant when Turkey's energy imports cost more than $45 billion, ENVER president says

06.11.2019 Renewable , Invesments , Turkey

Turkey to announce YEKA renewable tenders this month

- If local and renewable elec. production remains the same by year end, Turkey will save up to $1.5 billion, energy min. says

07.11.2019 Renewable , Invesments , Turkey

Turkiye Finans lends €107 mln. for Kocatepe wind plant

- Bank is sole Turkish institution financing Kocatepe plant

06.11.2019 Wind , Invesments , Turkey

Izmir becomes leading production center for wind tech.

- Turkey has foreign trade surplus in wind energy equipment, secretary general of Izmir's development agency says

06.11.2019 Wind , Invesments , Turkey

Fitch revises Turkey's outlook from negative to stable

- Credit agency affirms country’s 'BB-' rating

02.11.2019 Regulation , Invesments , Turkey , Americas

Turkey has 70 GW of offshore wind potential: World Bank

- The most attractive areas for offshore wind in Turkey lie northwest in Aegean Sea, World Bank says

02.11.2019 Renewable , Wind , Invesments , Turkey

Baker Hughes income quadruples in third quarter

- Net income comes in at $57 million in July-September period, up from $13 million

31.10.2019 Oil , Invesments , Americas

Hess revenue falls, net loss widens in third quarter

- Company posts net loss of $205 million in third quarter, while revenue is down 17.5% from same period of last year

31.10.2019 Upstream , Invesments , Americas

Turkey needs to focus on gas production projects

- If Turkey becomes a trade hub, important opportunities will emerge for trade in Turkish lira, energy expert says

31.10.2019 Natural Gas , Invesments , Turkey , Eurasia

IMF revises down Middle Eastern oil exporters' growth

- Oil exporting countries in region are expected to grow 1.3% in 2019, down 0.9 percentage points

29.10.2019 Downstream , Invesments , International Organization , Middle East-Africa

US petroleum product exports rise in first half of 2019

- However, growth in petroleum exports marks slowest year-over-year increase for any six-month period in past 13 years

25.10.2019 Refining/Petro Chemistry , Invesments , Americas

Offshore wind to become $1 trillion industry by 2040

- Global offshore wind installed capacity is expected to reach 560 gigawatts in 2040, new Int. Energy Agency report says

26.10.2019 Wind , Invesments , International Organization , Europe , Asia

Turkey: Education, health top priorities of 2020 budget

- Draft budget earmarks $15B for public investment

18.10.2019 Invesments , Turkey , General

Turkey aims 20,000 MW wind capacity by 2023: TWEA head

- "Turkey's installed capacity in wind energy has surpassed 7,600 MW with 3,500 turbines today," Hakan Yildirim says

17.10.2019 Wind , Invesments , International Organization , Turkey

Turkey strengthens academia-industry cooperation

- Turkish industry ministry continues industry fellowship program to enhance qualified labor force

15.10.2019 Projects , Invesments , Turkey

S. Arabia and Russia to boost energy cooperation

- "Working with the Kingdom on oil and gas is the first step toward a new alliance," Russian Energy Min.

15.10.2019 Finance , Invesments , Energy Security , Energy Projects , Asia , Middle East-Africa

UK seeking stronger post-Brexit trade with Turkey

- British Chamber of Commerce in Turkey is heavily promoting Turkey in energy and technology to UK companies

09.10.2019 Wind , Solar , Invesments , Turkey , Europe

Turkey needs to invest $7B yearly for energy transition

- Annually investment volume varies from $5.3B to $7B by 2030, requiring average annual financing of $3.6-4.5B, report finds

04.10.2019 Renewable , Invesments , Turkey

EBRD to introduce new energy efficiency finance model

- Bank is working on a new financing mechanism for energy efficiency investments in Turkey, official says

01.10.2019 Electricity , Invesments , Turkey

- ‘Turkey wants to be producer of new technologies’

- Turkey wants to be producer of new technologies, not the market, says Turkish Vice President

23.09.2019 Finance , Projects , Invesments , Turkey

S. Arabia, Greek Cypriots seek to boost bilateral ties

- "We need to take advantage of the economic opportunities that our two countries offer": Saudi Foreign Minister

13.09.2019 Invesments , Energy Security , International Relations , Middle East-Africa

'Turkey seeking stronger post-Brexit trade with UK'

- UK is the second-largest destination for Turkish exports, according to TurkStat

11.09.2019 Finance , Invesments , Eurasia

Turkey, US aim to achieve trade target in balanced way

- US Commerce Secretary Ross says $100B mutual trade volume target with Turkey to consist of $50B on each side

10.09.2019 Finance , Invesments , Turkey , Americas

EBRD utterly commits to Turkey for long-term

- Bank sees potential of Turkey and aims to be part of country's success story, head of EBRD says

11.09.2019 Finance , Invesments , Turkey

Turkey expects more Czech investments: Trade minister

- Obstacles must be removed for raising bilateral trade between Turkey and Czechia, Ruhsar Pekcan says

04.09.2019 Finance , Invesments , Turkey , Europe

Zohr gas field's total investments reach $10.6 billion

- The 13th well at Zohr field will be ready for production in October: Egypt Oil & Gas

29.08.2019 Natural Gas , Invesments , Energy Projects , Middle East-Africa

Oil giants' total revenue, income decline in 1H19

- Top oil companies' total net income falls by more than 11% in first half of 2019

29.08.2019 Upstream , Invesments , Asia , Americas

BP to quit most prolific oilfield in US history

- Oil major to sell entire Alaska business for $5.6 billion

29.08.2019 Upstream , Invesments , Energy Projects , Europe , Americas

Turkey, Mexico begin free trade deal talks: Trade body

- Turkey's Trade Ministry plans to visit Mexico in fall with larger business delegation

28.08.2019 Invesments , Turkey , Americas

Scotland funds £3.4 million for tidal energy project

- Two-megawatt O2 floating tidal energy turbine project to power more than 1,700 homes per year

26.08.2019 Hydro , Invesments , Europe

Scottish Hunterston B reactor given approval to restart

-Reactor 4 at Scotland's Hunterston B power station will restart while EDF Energy also awaits safety ruling for third reactor

21.08.2019 Nuclear , Invesments , Turkey

UK backs clean energy projects in S. Africa with £14M

- Projects expected to power nearly 200,000 homes annually

20.08.2019 Renewable , Projects , Invesments , Middle East-Africa

Turkey's Naturel Energy Co. goes public

- Company's initial public offering on Monday is valued at around 70 million Turkish liras

09.08.2019 Solar , Invesments , Turkey

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

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

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

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

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

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

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

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

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

US Navy places $22B order for nuclear submarines

Local growth in Turkey's energy cybersecurity on rise

Oil-rich Saudi Arabia plans to shift to nuclear energy

Turkey's daily power consumption up 3.01% on Nov. 26

Turkey's daily power consumption up 0.85% on Dec. 5

Spot market electricity prices for Friday, Dec. 6

Turkey's daily power consumption up 4.17% on Dec. 4

Spot market electricity prices for Saturday, Nov. 30

Turkey aims to ensure compliance of environmental law

Erdogan vetoes law due to environmental concerns

US' energy CO2 emissions rise first time in four years

Spot market electricity prices for Saturday, Nov. 23

Valeura reports positively on Turkey's Devepinar-1 well

Turkey's LPG imports up 14.1% in September 2019

Turkey vows to defend rights in East Mediterranean

Chesapeake net loss shrinks, revenue falls in 3rd qtr.

More incentives for China's gas output as imports rise

Turkey starts producing oil with fracking: Erdogan

Oil shale has dominant role in Estonia’s energy mix: IEA

Abu Dhabi launches bid round 2 for 5 exploration blocks

TANAP's gas journey to Europe begins: Turkish minister

Turkey, Azerbaijan inaugurate gas pipeline project

Germany’s natural gas imports up 25.6% in Jan-Sept

Spot market natural gas prices for Wednesday, Nov. 27

LNG is vital part of Turkey-US $100B trade volume aim

Turkey's LPG imports up 14.1% in September 2019

Qatar aims to raise LNG production by 64% by 2027

Turkish president to visit Qatar Monday

OPEC, allies to lower oil output 500,000 barrels more

US' mthly. petroleum exports exceed imports for 1st time

Aramco earns record $25B from IPO, valuation hits $1.7T

OPEC advised to lower oil output by 500,000 barrels

US' mthly. petroleum exports exceed imports for 1st time

OPEC meeting ends without conclusion after six hours

Aramco earns record $25B from IPO, valuation hits $1.7T

Turkish sailor among 19 abducted off Nigerian coast

Oil market should trust OPEC: Saudi Energy Minister

US' mthly. petroleum exports exceed imports for 1st time

OPEC meeting ends without conclusion after six hours

Aramco earns record $25B from IPO, valuation hits $1.7T

US' mthly. petroleum exports exceed imports for 1st time

OPEC meeting ends without conclusion after six hours

Oil supply shadowing demand puts OPEC in tough spot

Saudi Arabia becomes largest oil exporter to China

Nordex wins new wind orders totalling 248 MW in Turkey

Siemens Gamesa to supply 300 MW turbine plant in Taiwan

Turkey, Denmark work closely for offshore wind growth

Turkey's first wind turbine factory to run in late Nov.

Solar energy big hit amid Zimbabwe’s energy crisis

Solar PV market set for growth over next 5 years: IEA

UK seeking stronger post-Brexit trade with Turkey

Eni boosts investments in Australian solar projects

Hydro provides most of Norway's power in October

Hydro provides virtually all of Norway's power in August

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

Scotland funds £3.4 million for tidal energy project

UN wants action on climate change in 9 African nations

Turkey focuses on biomass from agricultural waste

Turkey to boost geothermal using support mechanisms

Oman to host sustainability, waste management conference

Valeura reports positively on Turkey's Devepinar-1 well

Building renewables industry through private sector

Germany’s natural gas imports up 25.6% in Jan-Sept

Oil-rich Saudi Arabia plans to shift to nuclear energy

Turkey's fund to build $10B petchem & refinery facility

Oil giants' total income declines 56% in third quarter

US Thanksgiving travel volume to be highest in 14 years

Saudi Aramco retail subscription hits $8.69 billion

OPEC, allies to lower oil output 500,000 barrels more

OPEC advised to lower oil output by 500,000 barrels

Uncertainty over OPEC pick of deeper cuts or extension

Oil prices gain as investors eye deeper OPEC cuts

Profitable Saudi oil to prompt demand for Aramco IPO

Saudi Aramco prepares for $2T IPO in Tadawul on Dec. 11

ExxonMobil's climate change trial begins in New York

Hydraulic fracturing sees Turkey enter new energy era

Spot market electricity prices for Friday, Dec. 6

Turkey's daily power consumption up 15.8% on Nov. 25

China's coal capacity soars despite climate vow: Report

Turkey's daily power consumption up 2.90% on Oct.15