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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

Venezuela to pay $8.7B compensation to ConocoPhillips

- A tribunal ruled that ConocoPhillips’ investments in three oil projects in Venezuela violated international law

12.03.2019 Projects , International Organization , Americas

TurkStream's Kiyikoy receiving terminal 50% completed

- After terminal construction is complete, series of tests will be carried out in preparation for transmission by end of 2019

12.03.2019 Natural Gas , Projects , Turkey , Eurasia , General

S&P revises Mexico's Pemex outlook to negative

- Pemex decision comes three days after Standard & Poor's revises down Mexico's outlook

06.03.2019 Projects , Oil , Americas

Cheniere's 1st LNG train in Texas facility completed

- Train 1 is one of three LNG trains that will have total production capacity of up to 13.5 million tonnes per annum

06.03.2019 Lng/Lpg , Projects , Natural Gas , Americas

Shell joins consortium for waste-to-chemicals facility

- Facility will be first in Europe to make chemicals and biofuels out of non-recyclable waste materials

05.03.2019 Refining/Petro Chemistry , Projects , Europe

UK's RockRose to buy Marathon Oil ops. in North Sea

- Deal will add 13,000 barrels of daily oil equivalent production in 2019 and represents Marathon Oil's exit from UK

27.02.2019 Upstream , Projects , Europe

26 European islands launch clean energy transition

- Many EU islands currently depend on expensive fossil fuel imports, European Commission says

20.02.2019 Renewable , Projects , Europe

Turkish firm produces indigenous diesel engine

- Erinmotor's fuel-saving single-cylinder diesel engine, the fruit of 10 years of R&D, beats competitors on price

11.02.2019 Projects , Turkey

Chevron is 1st US energy major to tie pay to emissions

- Company targets reduction of methane emissions intensity by 20 to 25 percent from 2016 to 2023

08.02.2019 Projects , Oil , Americas

2018 is record year for US wind: Wind Energy Assn.

- Contracts for wind capacity rises 66 percent from previous year

01.02.2019 Wind , Projects , Americas

US major to lead gas-for-power project in Vietnam

- The project could generate $20 billion in revenue for the Vietnamese government

01.02.2019 Upstream , Projects , Asia , Americas

Railways to benefit more for energy, environment: IEA

- Rail carries 8% of passengers and 7% of freight globally, but only represents 2 percent of transport energy demand

31.01.2019 Projects , International Organization , Asia

US trying to tip balance in Venezuela via oil sanctions

- Washington's move will likely 'lead to a large loss of export earnings in the next few months,' expert says

31.01.2019 Refining/Petro Chemistry , Projects , International Relations , Americas

EBRD to finance low-emission CNG buses for Skopje

- Bank provides €10 million loan to buy 35 compressed natural gas buses and strengthen city-owned bus company JSP

29.01.2019 Natural Gas , Projects , Europe , General

'Turkey determined to boost hybrid, electric car sales'

- Low-consumption, environmentally friendly auto technologies in Turkey is vital, says Turkish vice president

29.01.2019 Electricity , Projects , Turkey

Endesa launches project for European energy platform

- Project CoordiNet, co-financed by EU, aims to open electricity markets to consumers

29.01.2019 Electricity , Renewable , Projects , Energy Projects , News from companies , Europe , 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

Turkish firm exports custom design vehicles to world

- DizaynVip's export prices range between $300 and $1,100 per kg, says head of company

17.01.2019 Projects , Turkey , General

Exxon, IBM to research quantum computing for energy

- Advances in quantum computing could provide ExxonMobil the necessary tools to overcome issues in energy industry

10.01.2019 Projects , Americas

Sadr’s bloc slams presence of US troops in Baghdad

- U.S. troops ended their combat operations in Iraq in 2010

06.01.2019 Projects , Energy Security , Middle East-Africa , General

Turkey improves border security with smart system

- 24 miles of security wall built on Turkey-Syria border are protected by domestically produced Smart Border Security System

07.01.2019 Projects , Turkey , General

Oil begins 2019 with losses amid oversupply, weak data

- Purchasing managers’ index in Taiwan, China shows contraction

03.01.2019 Upstream , Projects , Asia , Americas

Turkish firm pitches payment app for Mideast, N.Africa

- Blockchain-based payment project Menapay is in line with Islamic finance rules, says its chief marketing officer

31.12.2018 Projects

Eni starts bio-oil production in Syndial plant

- Gela pilot plant has a bio-oil production capacity of approximately 70 kg per day of organic waste

28.12.2018 Finance , Projects , Renewable , Europe , General

Turkey lowers limit for power users to switch suppliers

- Turkey lowers eligibility limit for electricity customers to choose preferred power supplier from 2,000 kWh to 1,600 kWh

22.12.2018 Electricity , Projects , Turkey , General

SOCAR, BP consider forming petrochem facility in Turkey

-Proposed facility in Izmir would produce 1.25 million tonnes of purified terephthalic acid, and 840,000 tonnes of paraxylene

21.12.2018 Natural Gas , Oil , Projects , Turkey , General

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

China, India and US to drive global power transmission

- Global market value of power transmission and distribution reached $103.50 billion between 2013 to 2017

06.12.2018 Electricity , Projects , Europe , Eurasia , Asia , Americas , General

Turkey starts shallow water drilling in Med. Sea

- In scope of project, first well will be constructed off North Erdemli in Mersin,119 sea miles from land

27.11.2018 Natural Gas , Oil , Projects , Turkey , Europe , General

Climate finance sees boost in 2015–2016: UN report

- Climate finance continues to go towards efforts to curb greenhouse gas emissions

27.11.2018 Projects , Renewable , Europe , Asia , Americas , General

Siemens Gamesa sells three PV power plants in Spain

- SGRE sells plants in Huesca, Murcia and Huelva provinces to Spain's Aurea Capital as part of non-core asset disposal

21.11.2018 Solar , Projects , Renewable , General

IRENA, Abu Dhabi Fund to boost renewable projects

- Abu Dhabi Fund for Development has allocated $350M for state-guaranteed renewable energy projects in developing countries

15.11.2018 Projects , Renewable , Energy Projects , General

Istanbul Airport, 'world's new hub,' officially opened

- President Erdogan says Istanbul Airport to be model to world with its architecture, construction, operation, and financing

30.10.2018 Finance , Projects , Invesments , Turkey

Turkey scans potential areas for mineral resources

- On project completion, Turkey will be among top 8 countries globally in airborne geophysical survey sector: Energy minister

23.10.2018 Projects , Turkey

India's renewables to supply 13% of power in 5 years

- The country aims to have a renewable capacity of 175 GW by 2022

16.10.2018 Finance , Solar , Projects , Asia , General

Turkish firm produces smallest home heating unit

- World's smallest home heating unit Minerwa to be exported to UK, Denmark and Italy

13.10.2018 Projects , Turkey

New York announces $40M fund for solar-powered storage

- Funding advances progress of New York's ambitious target to have 1,500 megawatts of energy storage by 2025

12.10.2018 Solar , Projects , Americas

S. Arabia to build oil refinery in Pakistan

- Refinery in Gwadar to be world's 3rd biggest

04.10.2018 Oil , Finance , Projects , General

Japan's Mitsubishi to join Shell LNG Canada project

- LNG Canada will have combined capacity of 14 million tons per year

02.10.2018 Lng/Lpg , Projects , Asia , General

BASF, LetterOne sign deal to merge Wintershall, DEA

- Deal expected to close in first half of 2019, pending approval from authorities

28.09.2018 Natural Gas , Oil , Projects , Europe , General

Novatek reveals big hydrocarbon find in Utrenneye field

- New find at Russian Utrenneye Field is estimated as 405 bln. cubic meters of natural gas and 40 mln. tons of gas condensate

20.09.2018 Natural Gas , Oil , Projects , Eurasia , General

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

- Germany launches world's first hydrogen fuel cells that turn hydrogen and oxygen into electricity

19.09.2018 Projects , Renewable , Europe , General

Free rides for people who recycle in Istanbul

- Passengers to receive free credit on their train/bus cards in exchange of plastic bottles, cans

09.09.2018 Projects , Turkey

Pioneering Spirit sets offshore pipe-laying world record

- The vessel, which belongs to Allseas company, is currently laying second line of TurkStream natural gas pipeline project

29.08.2018 Natural Gas , Projects , Turkey , Europe , Eurasia , General

India needs to ensure greater coordination for EVs

-Data and analytics company GlobalData says India needs coordinated effort by different sectors for greater EV deployment

14.08.2018 Electricity , Finance , Projects , General

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

40+ nuclear deals made at Atomexpo 2019 in Russia

Akkuyu nuclear plant tracks progress one year on

EU's production of nuclear heat down 1.3% in 2017

Turkish trade minister to visit Russia on Wednesday

GE begins to digitize thermal, renewable power in India

China's coal output up 5.2 pct in September

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

China’s coal production up 4 percent in April

US energy consumption reaches record level in 2018

US gas-fired plants surpass coal-fired capacity

US coal exports hit 5-year high in 2018: EIA

Global energy demand hits fastest pace this decade: IEA

Total inks interim deal for Oman's onshore gas block 12

BP commits $100M to reduce greenhouse gas emissions

Indian consortium to explore Abu Dhabi Onshore Block 1

Japan's Inpex wins Abu Dhabi onshore exploration bid

‘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

UK announces new measures to back shale gas exploration

Kinder Morgan income rises 14% in first quarter of 2019

Turkey continues to be key in region's energy projects

US energy consumption reaches record level in 2018

Serbia to refute EU opposition to TurkStream's 2nd line

ExxonMobil signs 20-year LNG deal with China's Zhejiang

Qatar Petroleum to hold tender for 100+ new LNG ships

Norwegian LNG vessel to arrive in Turkey on April 26

Total and partners sign agreement for Papua LNG project

Schlumberger's net income falls 20% in 1Q19

Oil prices up with decline in US oil rig count

8 count fall in US oil rigs supports higher prices

Oil price dips slightly as US retains record high output

Kinder Morgan income rises 14% in first quarter of 2019

Brent oil up to $71.49 at week beginning April 15

ADNOC inks downstream MoUs with OMV, Borealis

US oil stocks fall, production up for w/e March 15

US petroleum product exports set new high in 2018

ADNOC inks new deal for base oil sales to India

Saudi Aramco to buy Shell's share in SASREF refining JV

US crude oil stocks, production fall for w/e April 12

London drivers face new emission charges

EC says Volkswagen, BMW, Daimler broke antitrust rules

EU sets 37.5% CO2 reduction target for new cars by 2030

US biofuels trade, prod. to remain stable through 2020

Vestas secures its largest wind order in Poland

Europe invests €27 billion in new wind farms in 2018

Germany, Norway open offshore wind farm in Baltic Sea

Nordex Group posts wind order intake of 1 GW in 1Q19

UK invests £30M to expand India's solar farm network

Malaysian Petronas venturing into renewables

Vestas acquires 25.1% stake in German SOWITEC

Engie, Tokyo Gas to establish renewables JV in Mexico

Turkey hits daily hydroelectric gen. record on April 16

US energy consumption reaches record level in 2018

Australia plans pumped hydro at old copper mine

Norway produces 93.6% electricity from hydro in Feb. 19

Enel buys 650 MW of renewable power plants in US

Engie buys French biomethane producer Vol-V Biomasse

Eni, Indonesia’s Pertamina ink circular economy deal

GE begins to digitize thermal, renewable power in India

Turkish business delegation visits Mali to boost trade

Business circle hails Bosnia wood industry potential

Kinder Morgan income rises 14% in first quarter of 2019

Vattenfall to launch pilot storage project in Berlin

China could support low carbon growth by greening BRI

Schlumberger's net income falls 20% in 1Q19

Equinor invests in new oil platform in Azerbaijan

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

Oil prices up with decline in US oil rig count

Oil price dips slightly as US retains record high output

Oil prices gain with rise in China refinery output

Oil prices up with OPEC cuts, supply risks

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

Chevron is 1st US energy major to tie pay to emissions

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