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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

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

Russia, Serbia sign agreement on nuclear cooperation

Hitachi halts work on UK nuclear plant over financing

Russia supplies fuel units for Egypt's research reactor

Russia to supply fuel for China's fast-neutron reactor

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

Turkey's electricity consumption grows 6% in October

Turkey breaks local coal production record in 2018

China: Coal mine collapse kills 21 workers

Asia, Africa, Middle East drive global energy growth

US coal production rises quarterly in 3Q18: EIA

Eni’s Var Energi awarded 13 oil, gas licenses in Norway

Shell completes sale of New Zealand entities

Petrofac secures Ithaca build, commissioning deal

Eni gets approval for Merakes Dev. Project in Indonesia

‘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

Renewables & gas to lead new US power capacity in 2019

Massive ship-to-ship LNG transfer starts in Turkey

Brent oil trades above $61 for week ending Dec. 14

Turkey can gain more than transit money from TurkStream

Petrofac secures engineering contract in Brunei

US Corpus Christi's second LNG cargo arrives in UK

Nigerian LNG vessel to arrive in Turkey on Jan. 15

Massive ship-to-ship LNG transfer starts in Turkey

Eni’s Var Energi awarded 13 oil, gas licenses in Norway

Global oil supply falls in December '18

Iraq’s oil production doubles in decade: EIA

US oil rig count shows decrease this week

Turkey's crude oil imports down by 11.2 percent in Oct.

Saudi Aramco enters fuel retail business

Brent oil trades around $53 for week ending Dec. 21

MEDREG can play 'crucial' role in Med energy sector

China’s crude oil refinery output up 6.8 pct in 2018

US crude stocks fall, but production sees slight rise

Pakistan, S. Arabia to ink oil refinery deal next month

BP to expand its petrochemical presence in South Korea

US' retail gasoline price ends 2018 lower

Trump touts low gas prices and forecasts more declines

‘Yellow vest’ protests grow violent in France

Israel bans fuel shipments into Gaza

China's Jiangsu approves 6.7 GW offshore wind projects

Turkey drafts regulation on electricity storage

Enel to sell 540 MW of renewable capacity in Brazil

Siemens G. launches its largest offshore wind turbine

Turkey drafts regulation on electricity storage

Enel to sell 540 MW of renewable capacity in Brazil

Asia-Pacific will remain leader in solar PV by 2025

Neoen starts operation at Australia’s largest PV plant

Asia, Africa, Middle East drive global energy growth

French company to supply turbines for Nile hydro-dam

Norway produces 94.2% of electricity from hydro in Oct.

Hydropower major source of Norway's electricity in Sept

Turkey drafts regulation on electricity storage

Turkey can cut 20% gas imports via district heating

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

US funds $4.45M for geothermal zonal isolation research

Turkish firm exports custom design vehicles to world

Exxon, IBM to research quantum computing for energy

Sadr’s bloc slams presence of US troops in Baghdad

Turkey improves border security with smart system

Landmark Canakkale bridge to be completed in 2022

Turkey no. 2 country setting up firms in Uzbekistan

Trans Adriatic Pipeline completes financing of €3.9 bln

German strike grounds 600 flights affecting thousands

Brent oil rises on strong demand from China, supply cuts

Enel launches €1 billion new green bond in Europe

Morgan Stanley lowers oil price forecast for 2019

Goldman Sachs lowers oil price forecast for 2019

US Supreme Court rejects ExxonMobil bid to block probe

Chevron gets approval for project in UK's North Sea

'Yellow vest' protests spread to Netherlands

Tiny Pacific nation plans to sue oil majors for climate

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