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‘Bangladeshi port has investment potential for Turkey’
- Chittagong Port offers many investment opportunities for Turkish companies, says embassy statement
Turkey, Bangladesh eye to boost bilateral ties
- Common commercial ties not affected by COVID-19 outbreak, Turkey stands as alternative arms supplier for Dhaka: Ambassador
Turkey's Sabanci to invest $450M in wind over 4 years
- "We put sustainability and new technologies at center of investments and growth plans," high official at conglomerate says
Turkey to improve investment climate via structural reforms
- Turkish economy to expand by 0.3% in 2020, says country's treasury and finance minister
Shell's profit in 3rd quarter falls by 80%
- Company's adjusted earnings hit $955 million in third quarter of 2020, financial results show
29.10.2020
Oil
Mexico’s leader reveals trust funds’ link to corruption
- President presents report shedding light on level of fraudulent activity that reigned in management of funds
Equinor, Microsoft to coop. on Northern Lights project
- Microsoft to explore using project to enable transportation and storage of captured CO2, in aim to erase carbon footprint
15.10.2020
Europe
Turkey: Investment demand rises despite pandemic
- Investment demand in 8 months of 2020 up by 30% compared to last year, says Turkish industry minister
American Petroleum Inst. objects to drilling moratorium
- Trump extends moratorium on offshore drilling in Eastern Gulf of Mexico expanding it to Florida, South Carolina and Georgia
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Total, Macquarie to build offshore wind in S. Korea
- Potential cumulative capacity of 2 GW of floating wind projects follows S. Korea's announcement of Green New Deal in July
Turkey: Investment demand rises in H1 despite pandemic
- Turkish industry minister says country sees record high number of incentive certificate in June
World Bank funds solar project to power 1.4M Ugandans
- Only one in 5 Ugandans living in rural areas have access to sufficient electricity
11 new major businesses join Hydrogen Council
- 92-member council founded in 2017 includes large multinationals, innovative SMEs and investors
Turkey, Spain agree to deepen economic, trade ties
- Tourism, healthcare key sectors for cooperation between Turkey and Spain, say top officials
US gas exports to Mexico to rise with p/line extension
- Extension to increase natural gas sent from the US to Mexico by 25.2 million cubic meters per day
EU bank to provide €63 mln. for wind farms in Austria
- Austrian wind power producer Windkraft Simonsfeld AG will operate wind farms with a total capacity of approximately 43.6 MW
ADNOC inks record high gas pipeline investment deal
-With $10.1 billion to ADNOC, deal is single-largest energy infrastructure transaction in region and biggest in world in 2020
Renewable investments to top oil in 2021: Goldman Sachs
- Bank projects energy industry's spending in renewable power to reach 25% next year, from 15% in 2014
EIB loans €125M for Polish battery materials production
- EIB loan will help meet growing demand for rechargeable lithium-ion batteries for electric vehicles
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Fossil fuel profits could drop by $25T as demand falls
- Competition from clean technologies and tougher climate policies reduce value of fossil reserves, report finds
05.06.2020
Invesments
Turkey: External assets hit $233.8B in March
- Country's net international investment position improves to minus $314.7B in March
Qatar Petroleum joins 3 exploration blocks in Mexico
- Agreements further expands Qatar's footprint in Mexico, says Minister of State for Energy Affairs
Russia: Foreign direct investments drop 98% in Q1
- COVID-19 may cause narrowing of Russian economy
OPEC reaches final deal to cut oil output by 10M bpd
- Mexico to cut crude output by 100,000 bpd, remaining 300,000 bpd to come from US
OPEC, allies meet to solve Mexico, individual cuts
- OPEC+ expected to solve Mexico's issues before oil market opens early Monday in Asia
Mexico’s terms on oil prices to be discussed during G20
- Logging off OPEC+ meeting without agreeing 10 mbpd cut deal, Mexican energy min. later says country would cut 100,000 bpd
Norway's sovereign fund invests over $800M in Turkey
- As at the end of December 2019, fund has over $800B in investments in 53 different Turkish firms, including six in energy
Norway wealth fund earns record $180 billion in 2019
- Norway’s fund makes 19.9% return on investment last year, earning highest annual return in kroner in fund's history