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Bulgaria braces for TurkStream 2 with gas flow boost

- Bulgaria will keep options open for TurkStream 2 gas by having several gas connections with Southeastern European countries

08.08.2018 Natural Gas , Projects , Turkey , Europe , General

TANAP receives €5 million in support from EC

- Since 2014, TANAP received €15 million in total from European Union programs

31.07.2018 Projects , Turkey , Europe , General

EIB loans €24 million for 2 wind farms in Greece

-European Investment Bank signs €24 million loan with Terna Energy to support construction, operation of two farms in north

19.07.2018 Wind , Projects , Invesments , Europe

Equinor to buy Danske Commodities for €400 million

- Purchase of one of Europe’s largest short-term electricity traders supports Equinor’s expansion to become broad energy co.

07.07.2018 Finance , Projects , Europe , General

Turkey's Zorlu joins EU zero emissions geothermal proj.

- EU project includes Zorlu Energy and Middle East Technical University as Turkey's participants

05.07.2018 Geothermal/Biomass , Projects , Turkey , Europe

Turkish auto market narrows in first half of year

- Auto sales drop nearly 12 pct while car sales see decrease of nearly 10 pct in first 6-month period

03.07.2018 Projects , Turkey , General

Germany to launch 3rd offshore wind tender for 670 MW

-Bid price cap is planned to be 0.063 per kilowatt-hour and deadline for bids is Aug. 1, local media say

28.06.2018 Finance , Wind , Projects , Europe , General

US to give up to $4.45M to enhance geothermal systems

-Department of Energy says zonal isolation technologies can 'radically' improve performance of manmade geothermal reservoirs

26.06.2018 Geothermal/Biomass , Projects , Renewable , General

Brent oil trades at $75.04 at week ending June 22

- OPEC, non-OPEC producers meeting in Vienna on Friday and Saturday to decide whether to increase their production levels

23.06.2018 Oil , Projects , General

Eni sells 10pct stake in offshore oil field in Egypt

-Italian energy company says it finalized 10 percent stake sale in Shorouk concession to Mubadala Petroleum

21.06.2018 Oil , Finance , Projects , General

Uncertainty weighs at OPEC meeting: Wood Mackenzie

-Decision-makers must reach a consensus in the face of uncertain circumstances, says lead analyst at research institute

21.06.2018 Oil , Downstream , Upstream , Projects , General

Russia's Gazprom to loan €2.14B to TurkStream operator

- TurkStream will serve Europe and Turkey with 31.5 billion cubic meters of natural gas capacity

05.06.2018 Natural Gas , Projects , Turkey , Eurasia , General

Electric vehicles hit 3 mln in 2017: Int. Energy Agency

- Growth in electric vehicles (EV) is developing with rise in charging infrastructure, Global EV Outlook 2018 report shows

30.05.2018 Electricity , Projects , Renewable , World , Asia , Americas , General

UK's Royal Bank of Scotland quits coal power financing

-Bank introduces new energy financing policies to fund sustainable energy sector and support low carbon transition

30.05.2018 Renewable , Coal , Projects , Europe

European bank invests €70M in Turkish-run marinas chain

- European Bank for Reconstruction and Development acquires nearly 25 pct stake in D Marinas BV

30.05.2018 Projects , Turkey

Borusan EnBW, Vestas to coop. for Turkish wind turbines

- Borusan EnBW and Vestas agree wind tender purchase for Borusan EnBW's projects in Turkey

29.05.2018 Wind , Projects , Invesments , Turkey , General

BMW's wireless charging production to start in July

- Electric energy will be wirelessly transmitted to vehicle’s high-voltage battery with BMW's new charging system

28.05.2018 Projects , Europe

US to fund $110.5m. for innovative energy technologies

- US Department of Energy will provide funding for innovative energy technologies from vehicles to marine energy devices

03.05.2018 Projects , Renewable , Americas , General

BP profits surge by 71 percent in Q1

- British Petroleum's underlying replacement cost profit for first quarter of 2018 reach $2.6 billion

01.05.2018 Oil , Projects , Europe , General

Deals worth $12B signed at aeronautical expo in Turkey

- Mediterranean city of Antalya hosts 5-day event

30.04.2018 Projects , Turkey , General

Erdogan: Canal Istanbul post-election priority

- Turkish president says Istanbul's artificial waterway to be first initiative of new government after June 24 early elections

30.04.2018 Projects , Invesments , Turkey

TANAP to deliver first commercial gas on June 30

- The project came in under budget from the original $11.7 billion down to $7.99 billion

19.04.2018 Natural Gas , Projects , Energy Diplomacy , Turkey , Eurasia , General

Wall Street falls 2 percent amid trade war fears

- Dow falls 572 points and posts a weekly decline of 0.7 percent

07.04.2018 Projects , Invesments , General

Nord Stream II receives permit from Finland

- Finnish government gives consent to Nord Stream II gas pipeline project

06.04.2018 Natural Gas , Projects , Europe , Eurasia , General

Norway's Statoil awards $1.4B contracts to rig builders

- Johan Sverdrup field is expected to have resources of between 2-3 billion barrels of oil equivalent

06.04.2018 Projects , Europe , General

OPEC and non-OPEC reach 138% conformity for oil cuts

- Declaration of Cooperation continues to have a transformative effect on the global oil industry, OPEC says

22.03.2018 Oil , Projects , Energy Diplomacy , International Organization , General

3 Dev. banks allot $425M to emerging green bond market

- EBRD subscribes $68.5 million in "Amundi Planet – Emerging Green One", the world’s largest green bond fund

20.03.2018 Projects , Invesments , Renewable , Turkey , Europe , General

Brent oil trades above $67 at week beginning Feb. 26

- Brent crude at $67.19 per barrel while WTI sees $63.78 on Monday

26.02.2018 Oil , Projects , Middle East-Africa , General

Turkey's 2nd renewables project to be clear by mid-year

- Nigde-Bor and Karaman in Central Anatolia are possible regions for 2nd Renewable Energy Resource Zone Project: GUNDER Head

21.02.2018 Solar , Projects , Renewable , Turkey , General

German small, medium wind projects under threat

- Large wind investors are domineering wind auctions and threatening community-based projects in Germany

14.02.2018 Wind , Projects , Europe

Turkish deputy PM praises Islamic bank's initiatives

- Islamic Development Bank Group's Engage Platform and Transformation Fund programs introduced in Turkey's capital

12.02.2018 Projects , Turkey

Turkey plans fresh water supply to drought-hit island

- Gevas mayor says 'incredible' project to prevent desertification of Akdamar Island

12.02.2018 Projects , Renewable , Turkey

Record output from Vattenfall’s nuclear power in 2017

-In 2017, Vattenfall’s nuclear power plants at Forsmark and Ringhals account for a third of Swedish electricity production

09.02.2018 Nuclear , Projects , Europe

Brent oil drops to $65 at mid-week February 8

- Brent crude trades at $65.55 per barrel while WTI sees $61.77 on Monday

09.02.2018 Oil , Projects , Americas , Middle East-Africa

Turkey's wind energy capacity reaches almost 7GW

- Turkey's installed capacity increases year-on-year by 766 megawatts in 2017

09.02.2018 Electricity , Wind , Projects , Turkey

Myanmar greenlights LNG-power plant plans

-Myanmar will need 6,000 MW of energy to function efficiently by 2020-2021, says Ministry of Electricity and Energy

31.01.2018 Lng/Lpg , Projects , Asia

'Africa can learn from Turkish regional rail project'

- Railway project linking Turkey, Azerbaijan and Georgia, launched last year, could be example for Africa, say experts

30.01.2018 Projects , Turkey , Middle East-Africa

LNG receives more investment, short-term contracts rise

- Even major oil companies are shifting towards LNG, Wood Mackenzie official says

29.01.2018 Lng/Lpg , Projects , World , Europe

Nord Stream II threatens EU energy security: Tillerson

- US Secretary of State says planned Russian pipeline, Nord Stream II, will threaten European energy security

29.01.2018 Natural Gas , Projects , Europe

European Gas Conf. to kick off in Vienna on Jan. 29

- European natural gas policies and gas trends in the global market are expected to dominate the agenda

29.01.2018 Natural Gas , Projects , Europe

Turkey's Petkim issues $500 million bond

- The notes will be issued at a price of 99.47 percent and with a fixed coupon rate of 5.88 percent

29.01.2018 Downstream , Projects , Turkey

German Fraunhofer to start operation of hydrogen plant

- German Fraunhofer Institute for Solar Energy Systems focuses on hydrogen as an energy transformation tool

25.01.2018 Electricity , Projects

EU to invest €873 mln. in energy infrastructure

- The largest ever Connecting Europe Facility energy grant will be allotted to electricity link between France and Spain

26.01.2018 Projects , Europe

Wuhan to become new hydrogen city in central China

- Chinese authorities will use hydrogen and associated technologies to build a "hydrogen city" in central China

22.01.2018 Projects , Renewable , Asia

GE Hungary to construct Paks 2 nuke plant turbines

- GE's Hungary branch wins a bid for construction and installation of turbines for country's new nuclear plant

19.01.2018 Nuclear , Projects , Europe

Clean energy cooling techs. key to India's water waste

- New IRENA-WRI analysis finds that urgent action can significantly lower intensities of water withdrawal and consumption

16.01.2018 Wind , Solar , Projects , Asia

Poland sets record high gas exports to Ukraine

- Polish oil and gas company doubles gas deliveries to Ukrainian market in 2017

11.01.2018 Natural Gas , Projects

Toyota launches new self-driving electric vehicle

- Toyota also announces the formation of a new alliance with Amazon, DiDi, Mazda, Pizza Hut and Uber

10.01.2018 Electricity , Projects , Asia , Americas

Turkey launches first solar cell integrated factory

- Turkey's Energy Minister hails private sector that attracted over $100 billion investment in various sectors over 15 years

22.12.2017 Solar , Projects , World , Turkey , Asia

Statoil buys 25% stake in Brazil field from Petrobras

- Total consideration comprises initial payment of $2.35 billion, plus additional contingent payments of up to $550 million

19.12.2017 Oil , Projects , Europe , Americas

EDF group to develop 30 GW of solar capacity by 2035

- EDF Group pours all its energy into new Solar Power Plan with view to developing 30 GW of solar capacity in France by 2035

13.12.2017 Projects , Renewable , Eurasia

Turkey's current account gap widens in Oct.

- Annual deficit at $41.9 billion for October, Central Bank says

11.12.2017 Projects , Turkey

European power companies to boost clean energy transition

- Electricity sector leaders commit to accelerate clean energy transition

08.12.2017 Electricity , Projects , Europe

Turkey: Central Bank to maintain inflation aim in 2018

- Inflation target for 2018-2020 is set at 5 pct as per agreement with the government, says Central Bank

06.12.2017 Projects , Turkey

Spot market electricity prices for Thursday, Dec. 7

- Energy Exchange Istanbul (EXIST) data shows trade volume as 65.76 million Turkish liras for electricity market

06.12.2017 Projects , Turkey

Thailand's renewables to account for 37% share by 2036

- In Thailand, more renewable energy deployment could save over $9 billion per year, IRENA report shows

05.12.2017 Projects , Renewable , Asia

Israel-Europe nat. gas pipeline up for signing Tuesday

- Memorandum of Understanding for world's longest pipeline from Israeli to Europe will be signed on Tuesday

05.12.2017 Downstream , Projects , Europe , Middle East-Africa

Spot market electricity prices for Monday, Dec. 4

- Energy Exchange Istanbul (EXIST) data shows trade volume as 56.86 million Turkish liras for electricity market

03.12.2017 Electricity , Projects , Turkey

Airbus, Rolls-Royce,Siemens team up for electric future

- Airbus, Rolls-Royce, and Siemens partner to develop near-term flight demonstrator for hybrid-electric propulsion for planes

29.11.2017 Electricity , Projects , World , Europe

Shell partners with carmakers for electric car charging

- Newly formed IONITY aims to improve electric car power charging network in Europe

28.11.2017 Electricity , Finance , Transportation/Fuel Oil , Projects , Europe

Turkey, Iran, Qatar sign transportation deal

- Agreement aimed at facilitating trade between the 3 countries

27.11.2017 Projects , Invesments , Energy Diplomacy , Turkey

Qatari businessman urges investment in Turkey

- Sheikh Faisal bin Qassim bin Faisal Al-Thani praises quality of Turkish goods on visit to Edirne

27.11.2017 Projects , Invesments , Energy Projects , Turkey , Middle East-Africa

Tesla reveals its first electric truck

- Production of articulated lorry, with range of 804 kilometers (499.5 miles) on single charge, is planned for 2019

18.11.2017 Transportation/Fuel Oil , Projects , World

Canada, UK join forces for coal phase-out

- Canada and U.K. launch Powering Past Coal Alliance to accelerate clean growth and climate protection

17.11.2017 Coal , Projects , International Relations , World , Americas

Turkey wants prosperous South Sudan, says ambassador

- Turkey is seeking to deepen ties with South Sudan in issues such as energy, education, and culture, says Hasan Sevilir Asan

16.11.2017 Projects , International Relations , Turkey , Middle East-Africa

Turkey signs major trade, transport corridor deal

- Turkey joins Lapis Lazuli transit corridor connecting Europe and Asia

16.11.2017 Projects , Turkey , Eurasia

Polestar reveals its first, longest range hybrid car

- Polestar 1 can travel up to 150 kilometers on pure electric power alone

18.10.2017 Finance , Projects

EU to invest €222 mln. on environment, climate action

- Out of investment package, EU will invest €40.2 million for climate change projects

28.09.2017 Finance , Projects

ExxonMobil expands methane emissions reduction program

- Program encompasses efforts to develop and deploy new efficient technologies to detect and reduce facility emissions

26.09.2017 Finance , Projects

Intl. flights to be exempted from EU carbon fee rules

-EP backs report that proposes airlines should continue paying for CO2 emissions from intra-EU flights from 2021 onwards

15.09.2017 Finance , Projects

Turkey's industrial production up in July

- Industrial output climbs 14.5 percent yearly in July 2017, according to TurkStat data

08.09.2017 Finance , Projects

EU, Switzerland to link emissions trading systems

- Sign-off on agreement between EU and Switzerland could take place before the end of this year

17.08.2017 Finance , Projects

BP's new projects to lower 2.5M tonnes of annual carbon

- BP's voluntary carbon offsetting program 'Target Neutral' expands into projects in India, Peru, China and Mexico

20.07.2017 Finance , Projects

NASA to take close-up look of Jupiter’s Great Red Spot

- Juno spacecraft will get closest look ever at planet’s massive, centuries-old storm

11.07.2017 Finance , Projects

Tesla planning to open factory in China

- Largest electric car company in talks with Shanghai municipality, according to news reports

24.06.2017 Finance , Projects

Trump plans solar panels for US-Mexico border wall

- “We’re thinking about building the wall as a solar wall, so it creates energy, and pays for itself,\" Trump says

23.06.2017 Renewable , Finance , Solar , Projects

Kuwaiti official stresses trade potential with Turkey

- Turkey has quality human resources, outstanding capabilities, high-class products, says Kuwaiti minister

23.06.2017 Finance , Projects

OECD upgrades Turkey GDP growth forecast to 3.4 pct

- Turkish economy projected to grow 3.4 percent in 2017, new OECD research says

07.06.2017 Finance , Projects

ERBD to finance geothermal exploration in Turkey

- EBRD will support exploratory drilling investments in Turkey's Dikili, in geothermal-rich area in Izmir province

06.06.2017 Renewable , Finance , Geothermal/Biomass , Projects

Trump plans to halve oil reserves, open Arctic drilling

- Government expects to raise $16.6 billion from strategic petroleum reserve sales between 2018-2027

24.05.2017 Oil , Finance , Regulation , Projects

Turkish CB raises 2017 inflation forecast to 8.5 pct

- Revision of estimation of lira-denominated import prices, output gap and trend of higher inflation rate affect forecast

28.04.2017 Finance , Projects

Turkish Central Bank hikes late liquidity window rate

- Late liquidity lending rate increases to 12.25 percent; overnight borrowing and lending rates unchanged

26.04.2017 Finance , Projects

Trump signs executive orders for tax overhaul

- Actions aiming to reduce taxes, regulations come a week before president's hundredth day in office

22.04.2017 Finance , Regulation , Projects

US' Gulf of Mexico posts record high oil output in 2016

- Eight projects started in the region last year

13.04.2017 Oil , Finance , Projects

Turkey considers introduction of carbon pricing

- The country has put in place a mandatory system for measuring and reporting on greenhouse gas emissions, EBRD says

31.03.2017 Renewable , Finance , Projects

Turkey: Over 5,550 startups launched in February

- Almost 40 percent of foreign-partnered companies founded directly by Syrian nationals or Syrians in partnerships

17.03.2017 Finance , Projects

US border tax would hurt both economies: Canadian PM

- 'Anything that creates impediments on the border is something that we are concerned with,' Trudeau says

10.03.2017 Finance , Regulation , Projects , Oil , Energy Diplomacy , International Relations

Optimism returns to oil market, Total CEO says

- \"Most important thing is to have lower break-even prices,\" Pouyanne says

09.03.2017 Oil , Finance , Projects

BP to finish highest no. of projects in firm's history

- Company plans to complete seven projects before the end of this year, chief executive says

08.03.2017 Natural Gas , Oil , Finance , Projects

Swedish Energy Agency to invest in no-carbon steel

- A total of 99 million Swedish crowns will be allocated for the project

28.02.2017 Finance , Projects

Pakistan to host major international economic summit

- Political leaders, including Turkey's President Erdogan, to meet at Economic Cooperation Organization meeting next month

24.02.2017 Finance , Projects

EU to invest €444 million in energy infrastructure

- 18 chosen infrastructure projects to include electricity, smart grids and gas projects across the EU

18.02.2017 Finance , Projects

European hotel to supply power from fuel cells mid-2017

- E.ON instals fuel cells at Frankfurt's Radisson Blu hotel to generate emission-free electricity and heat

09.02.2017 Finance , Projects

World Bank to further support Turkey's Salt Lake storage

- Turkey will expand the capacity of Turkey's Salt Lake gas storage capacity

09.02.2017 Finance , Projects

World Bank, Turkey sign $400M credit for TANAP

- World Bank inks $400 million credit deal with Turkey's pipeline corporation for TANAP project

08.02.2017 Natural Gas , Finance , Projects

BP reports 4Q16 profit of $497 million

- Full year profit totals $115 million, compared to $6.4 billion loss in 2015, BP said

07.02.2017 Finance , Projects

Asian Dev. Bank backed $3.7B in climate finance in '16

- Climate investments increased by 42 percent to $3.7 billion in 2016

07.02.2017 Finance , Projects

Shell to sell group of UK North Sea assets for $3.8B

- Deal shows clear momentum behind Shell’s global value-driven $30 billion divestment program, says Shell CFO

31.01.2017 Finance , Projects

Turkey/S,Korean consortium has edge in bridge bid

- Determination will be made in 15 days as to which bid won the Dardanelles suspension bridge contract, says transport minister

27.01.2017 Finance , Projects

Turkey allocates 6.7 billion liras for energy, mining

- Government to provide 4.9 bln Turkish liras fund for energy and 1.8 bln. for mining sector under 2017 Investment Program

16.01.2017 Finance , Projects

Energy Co. Enel issues 1st green bond on European mkt.

- Issued green bond totals €1,250 million

10.01.2017 Finance , Projects

Total raises share in Uganda Lake Albert oil project

- Total will acquire additional 21.57 percent totalling 54.9 percent share in Lake Albert oil project licenses

10.01.2017 Oil , Finance , Projects

US, Japan build world’s largest carbon capture system

- Captured CO2 will be used by operator of West Ranch oilfield in Texas to boost production

10.01.2017 Oil , Finance , Projects

Enel, Brazilian Dev. Bank support Apiacas hydro project

- Enel and Brazilian Development Bank signed $115 million agreement to support part of Apiacas hydropower cluster construction\r\n

05.01.2017 Renewable , Finance , Hydro , Projects

Turkish firm builds production facility in Holland

- Turmaks establishes a facility to produce silicopolymer recycling technology in the Netherlands

05.01.2017 Oil , Finance , Downstream , Projects

China aims to become nuclear energy leader

US' oldest nuclear power plant to retire on Monday: EIA

Russia to build nuclear reactors for China & Egypt

US, Saudi energy ministers discuss civil nuclear tech.

Asian Dev. Bank to loan $500M to Bangladesh power plant

China’s coal production up 4 percent in April

Turkey's electricity consumption grows 6% in October

Spot market electricity prices for week ending August 20

Ten new cities join Powering Past Coal Alliance

China's crude oil output up after almost 3 years

China's crude oil imports up 6.5 pct in Jan-Aug

Engie should close, not sell its 3 German coal plants

Greek Cyprus, Egypt sign deal for gas pipeline project

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

No refund for Total until South Pars completion: Iran

Osaka to acquire 35pct stake in US shale gas project

UK announces new measures to back shale gas exploration

Support for shale fracking drops in UK

UK's 1st shale gas drilling rig arrives on site

Greek Cyprus, Egypt sign deal for gas pipeline project

US: Florence begins slow assault on Carolinas

Hurricane Florence continues path to US east coast

Power of Siberia gas pipeline almost complete

Russian piped gas is critical for Europe's supply needs

US LNG is coming to Germany, says US dep. energy sec.

Qatargas, PetroChina sign 22-year LNG supply deal

ExxonMobil agrees to build chemical complex in China

US crude oil production rises 30th time in 36 weeks

Turkey is capable of overcoming economic woes: BP Pres.

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

EU: Passenger car demand surges 6.1 pct in Jan-Aug

Turkey is capable of overcoming economic woes: BP Pres.

US: Florence begins slow assault on Carolinas

Hurricane Florence continues path to US east coast

Energy incentives prioritized for Turkish economy plan

ExxonMobil agrees to build chemical complex in China

Iran launches three major petchem projects in south

Total sells its polystyrene business in China

Turkey’s domestic hybrid locomotive showcased in Berlin

26 city mayors commit to procure zero-emission buses

Gaza hospitals to stop services over fuel crisis

Ford recalls 2 million pickups due to fire risk

Turkey's Akfen receives $363 million loan from 6 banks

Siemens Gamesa ranks as top wind turbine vendor in 2017

Orsted divests 50% of Hornsea 1 Offshore Wind Farm

Vestas secures 202 MW order from Canada’s Capital Power

Turkey's Akfen receives $363 million loan from 6 banks

Turkey's Zorlu signs 50MW solar deal with Kazakhstan

ABB connects Sweden's largest solar park to grid

Norway's Eolus buys US solar, battery storage project

Statkraft acquires Tidong hydropower project in India

Ethiopia: PM blames contractor for delay in dam

Hydro produces 94.7% of Norway's electricity in June

Bosnia: Explosion in hydroelectric plant kills 3

Turkerler to invest up to $1B. in Manisa's geothermal

US funds $4.45M for geothermal zonal isolation research

Finnish Neste's profit increases to €277 mln. in 2Q18

US to invest $3.6M in geothermal energy technology

Novatek reveals big hydrocarbon find in Utrenneye field

World's 1st hydrogen-powered train launches in Germany

Free rides for people who recycle in Istanbul

Pioneering Spirit sets offshore pipe-laying world record

Ronesans Holding inks deal for Ceyhan industrial zone

Global poverty falls to record low: World Bank

Erdogan meets representatives of US companies in Turkey

OMW joins Dow Jones Sustainability Index

Turkish Central Bank reserves total $100.7B in July

Turkish stocks rise over 1.6 pct at close

Turkish, Qatari central banks ink currency swap deal

Tesla shares halted after CEO suggest taking it private

Turkey’s energy watchdog imposes $1.2 million fine

Turkey's EMRA ups max-limit of gas distribution regions

Border tax would make US less competitive: Chevron CEO

Volkswagen pleads guilty in emissions scandal

UK regulator offers price cap on gas, electricity bills

EU light bulb rules will allow household energy savings

$23B for Turkey's elec. privatization in past 10 yrs

Spot market electricity prices for Monday, April 30