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Turkey's energy import bill down 35.8% in January 2021

- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production

26.02.2021 Natural Gas , Oil , Projects , Stock Market , Energy Projects , Turkey

Biden signs order to bolster critical supply chains

- 'We shouldn't have to rely on a foreign country, especially one that doesn't share our interests or values,' president says

26.02.2021 Projects , Stock Market , Energy Projects , Americas

Turkey: Economic confidence stands at 95.8 in February

- Confidence index at 95.8 in February, down 0.5% from previous month, official data shows

26.02.2021 Projects , Stock Market , Energy Projects , Turkey

Global EV sales see record rise in 2020 led by Europe

- Market share of electric cars rises over 4% from its 2.5% level in 2019, data shows

11.02.2021 Electricity , Projects , Renewable , World , General

BMW Group sources aluminum produced from solar energy

- Decision considered a milestone on road to company's goal of lowering CO2 emissions by 20% by 2030

04.02.2021 Finance , Projects , Renewable , General

Erdogan tests Turkey’s 1st driverless electric bus

- Karsan Atak Electric bus has range of over 186 miles without interruption

02.02.2021 Electricity , Projects , Turkey

Siemens Energy to drive hydrogen economy in Middle East

- Initial focus of activity will be in Abu Dhabi and over time will be extended to other international markets

19.01.2021 Projects , Middle East-Africa , General

Turkey launches trade center in Chicago

- Country wants to expand Turkish exporters' network, creating new business opportunities in US

09.01.2021 Finance , Projects , Turkey

Esenboga Elektrik pays in full for 11 solar power plants

- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants

31.12.2020 Electricity , Solar , Projects , Turkey

Turkey's new lithium prod. plant to save $20M imports

- Eti Maden Lithium Production Plant is projected to meet half of Turkey's lithium demand in coming years

28.12.2020 Projects , Turkey

1st Turkish car's battery to be made indigenously : CEO

- As part of cooperation with global battery giant Farasis, joint venture to be formed in Turkey, CEO says

28.12.2020 Electricity , Projects , Turkey

Turkey to launch 1st lithium production plant on Dec 26

- President Erdogan will preside over launch of Eti Maden pilot lithium production plant on Saturday

24.12.2020 Projects , Turkey

Medical headway on virus to boost economic revival: IMF

- IMF chief says international cooperation on COVID-19 vaccine development, distribution needed now more than ever

16.10.2020 Finance , Projects , World

Turkey to launch first lithium production

- Production projected to rise to nearly 500 tonnes per year in coming two to three years, according to energy minister

13.10.2020 Projects , Energy Projects , Turkey

Denmark grants permit for Nord Stream 2 operations

-Denmark gives Russia-led Nord Stream 2 consortium green light to operate in Danish waters

03.10.2020 Natural Gas , Projects , Europe

Turkey's largest technology event Teknofest ends

- Festival did not accept visitors but was broadcast live online due to coronavirus outbreak

28.09.2020 Projects , Turkey

French oil firm displaces 12,000 in Uganda, Tanzania

- ‘There is need to assist the people with land where the pipelines are going to be constructed,’ says human rights group

11.09.2020 Oil , Projects , International Organization , Energy Projects , Middle East-Africa

Turkey's Naturel Enerji to develop solar plant in Italy

- Total contract value is €12 million including VAT for project considered one of important solar plants in Italy and Europe

09.09.2020 Projects , Turkey , Europe

Turkey’s giant gas find worth $80 billion: IEA Head

- Around $6 billion investment is necessary to start production from field, IEA Executive Director says

25.08.2020 Natural Gas , Downstream , Projects , Turkey

Renewable-focused 'BEST for Energy' kickstarts in Izmir

- Project aims to support clustering efforts and promote cooperation in renewable energy in Izmir, project team leader says

19.08.2020 Renewable , Projects , Turkey

Offshore wind sector to create nearly 1M jobs in 5 years

- Total of 17.3 direct jobs are created per megawatts of generation over 25-year lifetime of an offshore project, GWEC says

17.08.2020 Wind , Projects , Invesments , Americas

European bank loans $47M to Turkish leasing company

- New funds to enable company to increase availability of funding to Turkish businesses for their crucial capital investments

29.07.2020 Projects

World Bank funds solar project to power 1.4M Ugandans

- Only one in 5 Ugandans living in rural areas have access to sufficient electricity

29.07.2020 Solar , Projects , Energy Projects , Middle East-Africa

Forty US firms reduce asset value by $48B in 1st qtr.

- The 40 publicly traded oil companies produce about 30% of all US liquids production in first quarter

29.07.2020 Downstream , Projects , Energy Security , Americas

Governments should protect residents' data on digital platforms

- Social media, internet have great effects, but there should be criteria for ill-usage, expert says

27.07.2020 Projects , Energy Diplomacy , International Organization , World

Schlumberger posts net loss, revenue decline in 2nd qtr

- North America takes largest hit for company who saw 58% revenue decline in region

25.07.2020 Upstream , Projects , Americas

Turkey, Spain agree to deepen economic, trade ties

- Tourism, healthcare key sectors for cooperation between Turkey and Spain, say top officials

24.07.2020 Finance , Projects , Turkey , Europe

Chevron agrees to buy Noble Energy for $5 billion

- Deal will add Noble's hydrocarbon reserves to Chevron's portfolio

21.07.2020 Upstream , Projects , Energy Projects , Americas , Middle East-Africa

Turkey's auto industry produces 518,700+ vehicles in H1

- Auto industry's exports slip 37% y-o-y in Jan-June amid coronavirus pandemic, according to manufacturers’ association

14.07.2020 Finance , Projects , Turkey

Turkey, EU hold talks on bilateral relations

- 'Our relations with Turkey in terms of foreign affairs has become EU's most important issue,' says top EU diplomat

07.07.2020 Projects , Energy Diplomacy , Turkey , Europe

Turkey to open 1st indigenous solar panel factory in August

- A country without energy cannot talk about being civilized, says Turkish President Recep Tayyip Erdogan

06.07.2020 Finance , Solar , Projects , Turkey

Clean energy innovation vital to meet net zero emissions

- Reaching international energy and climate goals requires a sharp acceleration in clean energy innovation, a new report says

03.07.2020 Finance , Projects , Renewable , World

Factory trial starts for 1st Turkish-made electric train

- Designed for intercity travel, train can be produced for 20% less than comparable imported models, says official

30.06.2020 Electricity , Projects , Turkey

New oil price benchmarks introduced for US Gulf Coast

- Alternative to WTI, new pricing to reflect crude oil trade made via sea from US Gulf Coast

26.06.2020 Oil , Projects , Energy Projects , Americas

Syrian regime sacks prime minister amid economic crisis

- Dismissal comes after devastated economy and devaluation of Syrian lira to unprecedented levels

12.06.2020 Finance , Projects , Energy Diplomacy , Middle East-Africa

Turkey, India shine out among G20 with positive growth

- Among G20 economies, Turkey records highest annual growth with 4.4% in first quarter of 2020, says OECD

12.06.2020 Projects , Stock Market , Energy Diplomacy , Energy Projects

First fully electric aircraft certified to fly

- EU Aviation Safety Agency says certification important milestone for environmentally sustainable, emission-free aviation

12.06.2020 Electricity , Projects , Energy Projects

Turkish university to produce lithium-ion batteries

- Battery project will be supported by EU research and innovation funding program Horizon 2020

02.06.2020 Electricity , Projects , Energy Projects , Turkey

Turkey opens 2 more emergency hospitals in Istanbul

- Emergency hospitals opened in country to fight virus, 'exemplary model', says Turkish president

01.06.2020 Finance , Projects , Turkey , Asia

Turkey's energy import bill down 59.8% in April 2020

- Country's crude oil imports decrease by 1.1% in April 2020 compared to same month of 2019

30.05.2020 Oil , Projects , Stock Market , Energy Diplomacy , Turkey

Hydrogen on 'priority list' of oil & gas sector: DNV GL

- Hydrogen projected to be significant part of energy mix by 2030, according to a new survey

15.05.2020 Oil , Lng/Lpg , Projects , Renewable , International Organization

European bank loans Turkey’s QNB Finansbank $108M

- European Bank for Reconstruction and Development loan to help Turkish lender support trade, SMEs amid virus crisis

15.05.2020 Projects , Stock Market , Turkey , Europe

UK's Port of Tyne: base for biggest offshore wind farm

- Total investments in Dogger Bank project are estimated at around £9 billion ($11 billion) between 2020 and 2026

13.05.2020 Wind , Projects , International Relations , Energy Projects , Europe

Turkey's current account posts $1.23B deficit in Feb

- Figure up from $117 million in February 2019, says country's central bank

13.04.2020 Finance , Projects , Stock Market

EU to adopt coronavirus rescue package

- Eurozone finance ministers agreed on $590 billion financial plan to support workers, businesses and healthcare

10.04.2020 Finance , Projects , Stock Market

Fitch lowers precious metal price estimates for 2020

- Rapid spread of coronavirus weakens short-term global economic outlook, commodity demand, rating agency says

07.04.2020 Projects , Stock Market , Energy Projects

Production of wind components must continue: WindEurope

- Wind energy covers around 15% of Europe’s electricity and EU aims 50% by 2050

01.04.2020 Wind , Projects , Renewable , Energy Projects , Europe

Turkish Central Bank unveils new measures on COVID-19

- Steps back monetary transmission mechanisms, banks' flexibility in liquidity management, uninterrupted credit flow

01.04.2020 Finance , Projects , Turkey

Iraq sells oil at around $20 per barrel: Oil Min.

- Oil revenues in February 2020 declines by 18% to $5.052 billion compared to January

30.03.2020 Oil , Projects , Energy Security , Energy Projects , Middle East-Africa

Price volatility in crude oil hits highest since 2007

- Crude oil volatility index, known as OVX index, reaches 190 on March 20 -- highest since May 2007

31.03.2020 Upstream , Projects , International Organization , Americas

Coronavirus, crude oil crises to strain ratings: Fitch

-Effects of oil shock, coronavirus will outlive, hitting especially travel, tourism sectors, says agency

25.03.2020 Projects , Invesments , Stock Market

Oil prices gain with decline in US dollar index

- American dollar index down after US Senate fails to pass coronavirus support package

24.03.2020 Downstream , Projects , Americas

Price dip sends oil, gas sector to crisis mode: WoodMac

- Large new projects will be put on hold, exploration will be trimmed, energy consultancy says

24.03.2020 Upstream , Projects , Europe

Turkey has many incentives to scale up battery storage

- Renewables and electric vehicle expansion are main drivers for establishment of Turkey's storage market, DNV GL expert says

17.03.2020 Electricity , Projects , Invesments , Turkey

Low oil prices to curb Turkey's $12B energy imports

- Inflation to drop by 1% if oil stays around $35 per barrel, expert says

12.03.2020 Refining/Petro Chemistry , Projects , Turkey

Turkey shows real market potential for electric cars

- Three out of 10 people in Turkey will use electric vehicles by 2030, according to the Shura Energy Transition Center

24.02.2020 Electricity , Transportation/Fuel Oil , Projects , Turkey

Amazon's Jeff Bezos promises $10B to set up Earth Fund

- Initiative to fund efforts in fighting climate change, and protecting world's nature, says Amazon CEO

19.02.2020 Projects , Americas

Pentagon to divert $3.83B for Trump's wall construction

- Shift in funding sparks criticism from Democrat, Republican lawmakers

14.02.2020 Projects , Energy Security , Americas

Chevron posts net loss of 6.6B in 4th qtr. of 2019

- Net income for full year of 2019 down 80% from previous year

01.02.2020 Upstream , Projects , Americas

ExxonMobil net income declines more than 30% in 2019

- For full year of 2019 revenue came 8.7% lower than previous year

01.02.2020 Upstream , Projects , Americas

Turkey set to break 2019 record in gold output in 2020

- Turkey has gone from zero production in 2000 to become the biggest producer in Europe: Turkish Gold Miners Assoc. President

28.01.2020 Projects , Invesments , Turkey

Spirit of Davos 2020: Reshaping capitalism for fairer world

- 50 years on, World Economic Forum aims to set moral principles, guide companies in 4th Industrial Revolution age

17.01.2020 Finance , Projects , World , Europe

S. Aramco nets extra $3.8 bln. after greenshoe option

- Aramco’s IPO is now worth $29.4 billion overtaking previous record holder; Chinese Alibaba

14.01.2020 Oil , Projects , Invesments , Energy Security , Energy Projects , Middle East-Africa

Highlights of global energy market in 2019

- Tensions between US and Iran, oil tanker attacks in Middle East and the climate crisis were hot topics in 2019

22.12.2019 Electricity , Natural Gas , Oil , Nuclear , Thermal , Lng/Lpg , Refining/Petro Chemistry , Wind , Solar , Hydro , Geothermal/Biomass , Projects , Oil , Natural Gas , Electricity , Energy Diplomacy , Energy Security , International Relations , News from companies , World , Turkey , Europe , Eurasia , Americas , Middle East-Africa , General

Japan decides to release Fukushima wastewater into sea

Iran's Zarif calls Natanz incident 'nuclear terrorism'

Accident at atomic site 'nuclear terrorism': Iran

Germany stresses 'real chance' to save Iran nuke deal

Spot market electricity prices for Thursday, April 15

Turkey's daily power consumption up 0.72% on April 13

Turkey's electricity consumption up 12.24% in March

Turkey's daily power consumption up 0.09% on April 1

Spot market electricity prices for Saturday, April 17

Turkey's daily power consumption down 1.09% on April 15

Coal boom in China offset record plant retirement

Finance shifts to low-carbon with fossil stock losses

Eni announces oil discovery in Western Desert of Egypt

US produces, consumes record high natural gas in 2019

Nigeria's president launches new gas pipeline project

OPEC holds first technical meeting with gas exporters

Spot market natural gas prices for Monday, March 8

Spot market natural gas prices for Sunday Aug. 23

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Tuesday, Feb. 11

Spot market natural gas prices for Tuesday, March 16

Turkey's gas imports from Iran see sharp fall in 2020

3rd Turkish drillship leaves Mersin bound for Black Sea

Dialogue, de-escalation in E.Med benefit everyone: NATO

LNG, Russian gas competition to continue in EU: Experts

Nigerian LNG vessel arrives in Turkey on April 12

Nigerian LNG vessel to arrive in Turkey on April 12

Qatar Petroleum to solely own Qatargas 1 in 2022

Oil prices up by over 2% for week ending April 2

Indonesia's Balongan refinery rocked by massive blast

ExxonMobil makes first discovery offshore Suriname

Rosneft income falls 77%, revenue down 51% in 2Q20

US oil rig count rises by 2 for week ending Jan. 22

ExxonMobil makes first discovery offshore Suriname

US oil rig count rises by four for week ending Oct. 9

Lundin upgrades Edvard Grieg field reserve estimates

Oil prices up by over 2% for week ending April 2

Oil prices up over OPEC+’s cautious output ease

EU halts sanctions for more Turkish oil firm officials

Brent oil price down 0.56% for week ending Feb. 19

Suez Canal traffic jam cleared, says Egypt

Oil prices up by over 2% for week ending April 2

Oil majors accelerate energy transition policies: Fitch

Venezuela condemns US policy of seizing fuel shipments

Turkey ranks as 5th biggest wind investor in Europe

Global oil demand to increase 6% in 2021: OPEC

Europe invests record €42.8 bln in wind energy in 2020

Nordex Group wins turbine order for Istanbul wind farm

Oil-rich Saudi Arabia branches into solar power

Turkey's Gumbel Group to invest $15M in solar technology

Wind and solar drive record drop in coal in 2020

Turkey’s solar power generation soars 50%: Energy min.

BP plans UK’s largest hydrogen project

Hydro provides most of Norway's power in February

China plans world’s biggest dam build on Tibetan river

IRENA boosts sustainable hydropower through partnership

Europe needs to build more wind farms for climate goals

Turkey in top 4 countries with geothermal capacity

Biomass can meet one-third of Turkey's annual power

EU approves €550M Danish aid to support biomass plants

Turkey unveils Economic Reform Action Plan

BP plans UK’s largest hydrogen project

US warns entities to abandon Nord Stream 2 gas pipeline

Turkey announces landmark new economic reform package

Turkey to boost green bonds for more clean investment

Turkey: public sector vital for getting energy invests.

Turkey announces landmark new economic reform package

Over $1T invested in coal despite trendy climate goals

Turkey's electricity consumption up 12.24% in March

Oil prices up over OPEC+’s cautious output ease

Turkey's daily power consumption up 0.35% on March 18

Oil majors accelerate energy transition policies: Fitch

Oil up on US inventory fall, UK vaccine approval

Fitch reduces oil price forecast due to higher supply

S. Arabia, Iraq discuss efforts to stabilize oil market

US crude oil inventories fall for week ending Aug. 14

Spot market electricity prices for Friday, Dec. 4

24/7 power with Turkey’s new mobile monitoring system

Turkey's daily power consumption up 3.28% on Sept. 8

Sudan: Flashpoint Ethiopian dam not related to floods