<img itemprop="image" src="https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2020/12/15/thumbs_m_c_a152651d9dde79e1ac284081e5519dde.jpg?v=113234" width="265" height="160" alt="Turkey's Sabanci to invest $450M in wind over 4 years" class="img-responsive" /> Turkey's Sabanci to invest $450M in wind over 4 years - "We put sustainability and new technologies at center of investments and growth plans," high official at conglomerate says 16.12.2020 Renewable , Invesments , Turkey
<img itemprop="image" src="https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2020/12/11/thumbs_m_c_75e77f4bb19e83435ae74e02e77187ab.jpg?v=133411" width="265" height="160" alt="Support mechanism key to Turkey’s renewables growth" class="img-responsive" /> Support mechanism key to Turkey’s renewables growth - Renewable energy capacity additions this year to date set record high with over 4,200 megawatts 12.12.2020 Renewable , Invesments
<img itemprop="image" src="https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2020/11/18/thumbs_m_c_ab5eb19052d06f39694b8fdc0861ef20.jpg?v=094421" width="265" height="160" alt="Turkey to improve investment climate via structural reforms" class="img-responsive" /> Turkey to improve investment climate via structural reforms - Turkish economy to expand by 0.3% in 2020, says country's treasury and finance minister 18.11.2020 Finance , Invesments , Turkey
<img itemprop="image" src="https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2020/11/18/thumbs_m_c_5e4e5b61729b683f0c8354f1d436e9b8.jpg?v=094202" width="265" height="160" alt="European bank to deploy supply-chain finance in Turkey" class="img-responsive" /> European bank to deploy supply-chain finance in Turkey - Supply-chain finance can provide lower financing cost, improve business efficiency, says EBRD director in Turkey 18.11.2020 Finance , Invesments , Turkey , Europe
<img itemprop="image" src="https://cdnuploads.aa.com.tr/uploads/enerjiterminali/Contents/2020/11/12/thumbs_m_c_78d8448dd913ee3853d3368d90e0385b.jpg?v=084858" width="265" height="160" alt="Turkey to offer new opportunities to foreign investors" class="img-responsive" /> Turkey to offer new opportunities to foreign investors - Government to take confidence building measures, steps to stabilize markets 12.11.2020 Invesments , Turkey
Turkish energy savings equal to 18m households possible - $54B investment needed for energy efficiency, electrification and energy distribution in next 10 years, says SHURA 14.10.2020 Electricity , Invesments , Turkey
Turkey: Investment demand rises despite pandemic - Investment demand in 8 months of 2020 up by 30% compared to last year, says Turkish industry minister 03.10.2020 Invesments , Turkey
Turkey breaks ground on 1st lithium-ion battery plant - Facility to contribute to Turkey's efforts for domestically-produced batteries to meet military needs 04.10.2020 Electricity , Invesments , Turkey
Libya aims to revive economic relations with Turkey - Delegation from Libya to focus on restoring Turkish firms' confidence to resume activities, says head of business body 02.10.2020 Finance , Invesments , Turkey , Middle East-Africa
Turkey unveils new economic program for 2021-2023 - Country's new economic program based on themes of new stabilization, new normal, and new economy 30.09.2020 Invesments , Stock Market
Turkey's gas find could save up to $21B in import costs - Actual savings could even be more as global gas prices and import costs are expected to rise in coming years: Rystad Energy 11.09.2020 Natural Gas , Finance , Invesments , Turkey
Turkey's 1st solar cell integrated plant starts ops. - Factory will help eliminate nearly $100 million of solar panel imports per year, energy minister Donmez says 20.08.2020 Solar , Invesments , Turkey
Offshore wind sector to create nearly 1M jobs in 5 years - Total of 17.3 direct jobs are created per megawatts of generation over 25-year lifetime of an offshore project, GWEC says 17.08.2020 Wind , Projects , Invesments , Americas
Rosneft income falls 77%, revenue down 51% in 2Q20 - Company has net loss of 113 billion rubles ($1.55 billion) in first six month of 2020 15.08.2020 Upstream , Invesments , Eurasia
Iran moves from oil to petrochemicals in export - Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue 10.08.2020 Refining/Petro Chemistry , Invesments , Middle East-Africa
BP posts $16.8 billion loss in second quarter of 2020 - Firm's total loss widens to $21.2 billion for first half of year 05.08.2020 Upstream , Invesments , Energy Security , Europe
Turkish Central Bank posts $86.3B in June reserves - Foreign currency reserves amount to $45.8B, gold reserves $39.1B, official data show 29.07.2020 Invesments , Turkey
Turkey: Investment demand rises in H1 despite pandemic - Turkish industry minister says country sees record high number of incentive certificate in June 29.07.2020 Invesments , Turkey
Baker Hughes net loss widens, revenue down in 2nd qtr. - Risks of second wave of virus and high unemployment forge uncertain economic environment through 2020, CEO says 23.07.2020 Upstream , Invesments , Americas
Petrobras oil production down due to reduced demand - Company says it is facing sharp oil price drop, demand decline and market supply surplus 23.07.2020 Upstream , Invesments , Energy Security , Americas
Halliburton posts net loss, revenue decline in 2nd qtr. - Revenue down 46% with net losses of $1.68 billion in second quarter of 2020 21.07.2020 Oil , Invesments , Americas
US share of Turkish LNG imports rises with cheap prices - Turkey can use cheap US LNG to diversify sources, enhance negotiations and export to southern Europe, investor says 19.07.2020 Lng/Lpg , Invesments , International Relations , Turkey , Americas
G20 commits $151B to fossil fuels in COVID-19 packages - COVID-19 recovery packages aid fossil fuels over clean energy despite leaders' ambitious clean energy transition rhetoric 16.07.2020 Coal , Invesments
Shell: Low oil prices to lower asset value up to $22B - Energy company points to impacts of COVID-19 and challenging commodity price environment 01.07.2020 Upstream , Invesments , Energy Security , Europe , Americas
China leads green bond issuance with $55.8B in 2019 - China's green bond issuance up by 33% in 2019 from $42 billion in 2018, new report says 30.06.2020 Invesments
Fossil fuel profits could drop by $25T as demand falls - Competition from clean technologies and tougher climate policies reduce value of fossil reserves, report finds 06.06.2020 Invesments
COVID-19 to cause biggest global energy investment fall - Global energy investments are expected to total $1.5 trillion this year marking a year-on-year drop of 20%, IEA report says 27.05.2020 Invesments
Turkey: External assets hit $233.8B in March - Country's net international investment position improves to minus $314.7B in March 22.05.2020 Invesments , Turkey
EBRD makes $55M loan to Turkey's Garanti BBVA - Financing complemented by $50M loan from International Finance Corporation, says EBRD 21.05.2020 Invesments , Stock Market
Brent oil stabilizes above $30 despite pandemic woes - Between Monday and Friday, Brent oil prices fluctuate between the lowest at $28.86 to peak of $32.49 16.05.2020 Oil , Invesments , Energy Diplomacy
Turkey is 7th in Europe's foreign renewable investments - New legislative measures, accommodating incentives and tender structure positively affect sector: IZKA Secretary General 14.05.2020 Renewable , Invesments , Turkey
Petrofac secures BP maintenance, metering contracts - Petrofac strikes new deals with BP on digitalization 13.05.2020 Invesments , Europe , General
Turkey's Aksa to build 240 MW gas plant in Uzbekistan - When completed the combined natural gas cycle power plant is expected to produce 2 billion kWh of electricity annually 13.05.2020 Natural Gas , Finance , Invesments , Turkey , Asia
Saudi Aramco's net income declines 25% in first quarter - Revenue down 16% year-over-year 12.05.2020 Upstream , Invesments , Middle East-Africa
Coronavirus hits US oil sector hard as billions lost - US crude output already down 1.2 million bpd, while many oil majors announce billions of dollars in net loss for 1st quarter 09.05.2020 Upstream , Invesments , Energy Security , Americas
'Turkish banks well-prepared to face COVID-19' - Banks appear to be financially, technically well-equipped to handle coronavirus crisis, says audit and consultancy firm 07.05.2020 Invesments , Turkey
Global renewables use 1.5% higher than last year: IEA - Share of renewables in global electricity generation jumped to nearly 28% in Q1 2020 from 26% in Q1 2019, IEA says 06.05.2020 Electricity , Finance , Invesments , Renewable , Energy Security
ExxonMobil lowers capital spending by $10B amid virus - Revenue came in at $56.16 billion for first quarter -- down 11.7% from $63.62 billion for same period last year 04.05.2020 Upstream , Invesments , Americas
Shell posts 28% revenue fall and net loss in 1Q20 - CEO points to 'extremely challenging conditions' as company starts to reduce spending 02.05.2020 Invesments , Europe
Energy sector could be vital for EU's economic recovery - Energy ministers from 27 EU countries hold first talks after Covid-19 outbreak 30.04.2020 Renewable , Finance , Invesments , Energy Diplomacy , Europe
UK oil, gas sector may lose 30,000 jobs: Report - Companies' capital expenditure could fall to between £3.5-4 billion -- lowest investment since 2000 29.04.2020 Downstream , Upstream , Invesments , Europe
‘Paraguay set for quick economic recovery after virus’ - Head of Ibero-American General Secretariat expects country to grow over 3% in 2021 24.04.2020 Invesments , Stock Market
Japan's Enechange, Looop invest in Turkish solar plant - The investment is for 10-year operation of solar power plant in western Turkey 22.04.2020 Renewable , Solar , Invesments , Turkey , Asia
EU cooperates with Turkey against coronavirus - Trade activities should continue regardless COVID-19 outbreak, says head of EU delegation to Turkey 11.04.2020 Invesments , Energy Diplomacy , Turkey , Europe
European assoc. demand adding Green Deal in recovery plans - European energy industry associations warn pandemic measures bring Europe’s economy "near-to-complete standstill" 02.04.2020 Invesments , Europe
Moody's changes Shell's outlook to negative - Negative outlook reflects impact of collapsing oil prices on Shell's financial profile in 2020, rating agency says 02.04.2020 Upstream , Invesments , International Organization , Europe
MENA oil exporters to see $192B income fall in 2020: IIF - Quarantines, disruption in supply chains, travel restrictions, business closings point to recession in MENA region 30.03.2020 Downstream , Invesments , International Organization , Middle East-Africa
Saudi Aramco income higher than 12 oil giants in 2019 - Saudi Arabia's national oil company had net income of $88.2B, while 12 oil majors' combined earnings were $63.9B 31.03.2020 Upstream , Invesments , Middle East-Africa
Oil up with G20's $5 trillion pledge, weak US dollar - G20 undertaking 'immediate and vigorous measures' to support economies, sectors most affected by virus 27.03.2020 Downstream , Invesments , International Organization , Americas
Coronavirus, crude oil crises to strain ratings: Fitch -Effects of oil shock, coronavirus will outlive, hitting especially travel, tourism sectors, says agency 25.03.2020 Projects , Invesments , Stock Market
Covid-19 and oil shock to hurt ratings: Moody's - Disruption of economic activity to last through June, but some recovery expected in second half of 2020, agency says 25.03.2020 Downstream , Invesments , Americas
Banks funnel $2.7T to fossils, snubbing climate crisis - Four U.S.-based international banks account for 30% of total financing of fossil fuels, report reveals 19.03.2020 Oil , Invesments
Saudi Aramco posts $88.2 billion net income in 2019 - Net income down 20.6% year-over-year, while Brent price falls 9.6% during that period 17.03.2020 Upstream , Invesments , Middle East-Africa
Turkey has many incentives to scale up battery storage - Renewables and electric vehicle expansion are main drivers for establishment of Turkey's storage market, DNV GL expert says 17.03.2020 Electricity , Projects , Invesments , Turkey
Turkey to start local solar cell production on June 15 - Turkey's first solar cell integrated factory set to produce components for 1 GW solar plant in its first three years 14.03.2020 Renewable , Solar , Invesments , Turkey
Coronavirus, oil shock to strain MENA region: Fitch - Rating agency estimates oil price drop of $10 a barrel will affect government revenues by 2% to 4% 11.03.2020 Downstream , Invesments , Middle East-Africa
Low oil prices increase financial risks: Moody’s - International credit rating agency says it expects oil, gas companies to actively manage their liquidity in 2020 11.03.2020 Downstream , Invesments , Americas
Norway's sovereign fund invests over $800M in Turkey - As at the end of December 2019, fund has over $800B in investments in 53 different Turkish firms, including six in energy 05.03.2020 Natural Gas , Invesments , Turkey , Europe , General
Norway wealth fund earns record $180 billion in 2019 - Norway’s fund makes 19.9% return on investment last year, earning highest annual return in kroner in fund's history 28.02.2020 Invesments , Stock Market , Europe , General
Turkey's 3rd drillship from UK expected on March 17 - According to Turkey's Energy and Natural Resources Minister Fatih Donmez on Feb. 26, vessel is en route to Turkey 28.02.2020 Natural Gas , Invesments , Turkey , General
Microsoft invests $1.1B in Mexico - Funds will go toward creating new data center, education, AI projects 21.02.2020 Invesments , Americas , General
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
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
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
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
Trump proposes $188 million for offshore energy budget - $26.5 million assigned to advance offshore renewable development 13.02.2020 Wind , Invesments , Americas
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
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
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
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
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
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
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
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
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
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
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 gold production breaks record in 2019 - Gold output rises 40% from 2018 to 38 tonnes, breaking previous record set in 2013 03.01.2020 Invesments , Turkey
We will have a say in future technology: Turkish leader - President Erdogan reiterates Turkey’s determination to lead the way in cutting-edge technological innovation 01.01.2020 Invesments , Turkey
Turkey spearheads major high-tech developments in 2019 - Government takes major steps in technology, supports private sector, educational activities over course of year 31.12.2019 Invesments , Turkey
Highlights of Turkish energy market in 2019 - E. Med. drilling, completion of TurkStream and of Akkuyu NPP foundation, TANAP's Europe leg opening were hot topics in 2019 23.12.2019 Natural Gas , Oil , Renewable , Projects , Invesments , Energy Diplomacy , Energy Projects , Turkey
OPEC cuts disrupt planned oil projects worldwide - 'Each time OPEC announces a cut, it affects planned projects across globe,' Dateline Energy Services CEO in Nigeria says 14.12.2019 Upstream , Invesments , Energy Projects , Middle East-Africa
EBRD to work on environmental action plan in Izmir - The action plan involves investment program addressing the city’s most pressing environmental challenges 12.12.2019 Invesments , Turkey , Europe
Japan's Hamax to produce wind equipment in Turkey - Turkey offers best location for selling products domestically and for expansion into European market: Hamax CEO says 11.12.2019 Renewable , Wind , Projects , Invesments , Turkey , Asia
Iran needs investments to capitalize on new oil field - World's third largest oil field in Khuzestan when operational will make Iran even stronger competitor to Saudi Arabia 11.12.2019 Oil , Invesments , International Relations , Energy Projects , Middle East-Africa
Turkey's fund to build $10B petchem & refinery facility - Refinery in Ceyhan will help reduce Turkey's current account deficit by $1.5 billion annually 04.12.2019 Invesments
Oil giants' total income declines 56% in third quarter - Top oil companies' total net income falls to $14.24 billion from $32.51 billion year-over-year 03.12.2019 Upstream , Invesments , Europe , Americas
US Thanksgiving travel volume to be highest in 14 years - 55 million people are expected to travel this Thanksgiving weekend 29.11.2019 Downstream , Invesments , Americas
Saudi Aramco retail subscription hits $8.69 billion - Retail portion of Saudi Aramco’s initial public offering is fully covered at 102% 29.11.2019 Upstream , Invesments , Middle East-Africa
Turkey gets $350M in funding for efficiency investments - Fund made available to 4 Turkish banks that have channeled financing to energy efficiency investments in Turkey since 2015 27.11.2019 Invesments , Turkey
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