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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

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

Saudi prince launches country's 1st nuke plant project

Russia suggests dialogue within NATO on nuclear treaty

Uzbekistan's first nuclear power plant breaks ground

China's coal output up 5.2 pct in September

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

EBRD completely closes door on coal financing

China: 22 workers trapped in coal mine explosion

China's coal output up 5.2 pct in September

Russian Severstal reports 8.7% drop in 3Q18 results

Eni, Total, Sonatrach partner to explore oil in Algeria

Shell adds new, deep-water production in Brazil

Total, Sonatrach sign gas, petrochemical deals

Total announces major gas find offshore UK

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

Support for shale fracking drops in UK

Turkey's gas imports fall by 24% in August

EU, Iran to establish mechanism to ease trade: Rouhani

Turkey's LPG imports fall 5.1% year on year in July

Greek Cyprus, Egypt sign deal for gas pipeline project

Saudi Aramco, ADNOC sign gas, LNG cooperation deal

Saudi Aramco aims to buy Arctic LNG-2 stake

Poland's PGNiG signs 24-year LNG contract with Cheniere

Algerian LNG vessel to arrive in Turkey on Sun. Nov. 11

Eni, Total, Sonatrach partner to explore oil in Algeria

Eni makes new oil discovery in offshore Norway

Shell adds new, deep-water production in Brazil

Eni acquires new oil exploration rights in Mozambique

Brent oil rises above $71 for week beginning Nov. 12

Brent falls to $69 due to uptick in US crude stock

Ankara, Baku boost strategic ties with STAR refinery

Dropouts mount for Saudi prince's investment conference

S. Arabia's Yanbu chosen for crude to chemicals complex

TechnipFMC inks $1 bln. deal to expand Egypt's refinery

Saudi Aramco signs 15 agreements worth over $34 billion

Ankara, Baku boost strategic ties with STAR refinery

Israel bans fuel shipments into Gaza

More Qatari fuel allowed into Gaza for sole power plant

Norway mandates 0.5 percent biofuel for airlines

Turkey’s domestic hybrid locomotive showcased in Berlin

GE Renewable Energy's LM wind unit opens tech center

Poland commits to boost onshore, offshore wind energy

Orsted’s profit up 14 percent in first nine months of 2018

Vestas awarded 148 MW wind project in South Africa

Lightsource BP signs 25 MW solar contracts in US

Hyundai, Kia reveal solar charging system for vehicles

Enel starts construction of 127 MW solar plants in Spain

US to provide up to $53 million for advance solar tech.

Egypt says seeks ‘non-fragile’ deal on Ethiopia dam

Hydro produces majority of Norway's electricity in Aug.

No deal in 3-party Nile dam negotiations

Statkraft to invest $1.2 bln in renewables until 2025

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

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

Turkey scans potential areas for mineral resources

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

Turkish firm produces smallest home heating unit

Turkish firm to lay 750 km power line in Afghanistan

South Africa joins International Energy Agency family

Pakistan, China agree to trade in yuan

EBRD completely closes door on coal financing

Brent oil rises to over $81 for week beginning Oct. 15

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

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