Energy News - Daily Sabah

Subscribe: Home Delivery

Edition: ENGLISH

ENGLISH العربية

BUSINESS

TurkStream delivers over 500 mcm of gas to Europe via Turkey Russia transferred over 500 million cubic meters (mcm) of natural gas to Europe from Turkey via the TurkStream natural gas pipeline during its first month of operations in... more

Energy Iraq to halt oil output at southern oil field Iraq's Basra Oil Co. will cut crude oil output at the Nahr Bin Omar field to a minimum because of pollution and gas emissions, the state news agency reported Sunday. The... More
Energy OPEC pushes for more output cuts over coronavirus A committee appointed by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, will begin a study on the effects of coronavirus and recommend additional... More
Energy Turkey pushes for use of local tech in East Med drilling In a bid to locally develop oil and natural gas drilling and exploration technologies, Turkish Petroleum (TPAO) will host business people from different sectors at a workshop... More
Energy Turkey's energy import bill falls over 4% in 2019 Turkey's energy import bill decreased by 4.2% year-on-year in 2019, totaling around $41.1 billion, according to recent data by the Turkish Statistical Institute (TurkStat),... More
Energy Haftar's oil blockade has cost Libya nearly $1 billion Libya has lost almost $1 billion in revenues since the blockade of its most vital oil export facilities led to a slump in production, the National Oil Company said Wednesday. Groups... More
Energy EU to sanction two Turks linked to East Med gas drilling The European Union will impose an entry ban and asset freeze on two Turkish citizens involved in their country's exploration activities for gas in the Eastern Mediterranean. Several... More
Energy Turkey vows to counter every move disregarding Turkish Cypriots' rights in East Med Ankara won't tolerate the steps taken in the Eastern Mediterranean that ignore the rights of Turkish Cypriots, Foreign Minister Mevlüt Çavuşoğlu said Wednesday in a meeting... More
Energy Norway's Equinor leaves Thrace partnership with Valeura Canada-listed, Turkey-focused Valeura Energy received notification from its joint venture partner Equinor from Norway indicating that it intends to discontinue participation... More
Energy Pompeo offers Belarus oil, gas supplies amid Russia tension U.S. Secretary of State Mike Pompeo said Saturday that the United States is willing and able to provide Belarus with 100% of its oil and gas, taking a slap at Russia which... More
Energy Kıyıköy wind farm to more than triple capacity with $74M loan Turkey's Kıyıköy wind farm in the northwest of the country will more than triple its capacity with $74 million in financing from the European Bank for Reconstruction and Development... More
Energy Turkish energy watchdog foresees 52.02 bcm gas consumption in 2020 Turkey's energy watchdog estimates the consumption of 52.02 billion standard cubic meters (bcm) of natural gas in Turkey in 2020, according to an official gazette announcement... More
Energy French oil giant Total faces climate challenge in court Fourteen French local authorities and six campaign groups have asked a French court to order oil major Total to sharply reduce its greenhouse gas emissions, campaign groups... More
Energy TurkStream delivers 1 billion cubic meters of Russian gas Having started the commercial transfer of Russian gas to Turkey and Europe on Jan. 1, TurkStream has delivered 1 billion cubic meters of gas, according to a statement released... More
Energy Turkey's energy actions in East Med solution oriented: deputy energy minister Turkish moves in the Eastern Mediterranean are pragmatic and aim for every party including Turkey to benefit from the natural resources, Energy and Natural Resources Deputy... More
Energy Libya's oil output down 75% due to blockade by Haftar Libya's oil production has plunged by around three-quarters since forces loyal to warlord Khalifa Haftar launched a blockade a week ago, the National Oil Company announced... More
Energy Energy ministry to grant new license to Turkish Petroleum for exploration in East Med Turkey's energy minister is set to grant a new license to Turkish Petroleum Corporation (TPAO) for their hydrocarbon research activities in an area within the country's continental... More
Energy Welded reactor cover completed for Turkey's first nuclear plant The welding of the reactor cover on the first unit of the Akkuyu Nuclear Power Plant (NPP) has been completed, the reactor's manufacturer Atomenergomash announced on Wednesday. Atommash,... More

Energy Solar key in cutting Turkish gas imports, industry official says Solar energy can play a key role in cutting down Turkey's gas imports, the Turkish Solar Energy Industry Association (GENSED) head Halil Demirdağ said Wednesday. Around... More
Energy Turkey's clean energy generation receives TL 2.8B in incentives Turkey's clean energy generation received nearly TL 2.83 billion in incentive payments in January through the Renewable Energy Support Scheme (YEKDEM), according to Energy... More
Energy Turkey: Early adopter, mover of renewables in MENAT region Turkey has become one of the largest markets within the region by using multiple platforms to encourage renewables, introducing a renewable energy resource zone and attracting investors' interest through new auction models More
Energy Turkey's 3 largest dams more than double energy generation The energy generated at Turkey's three largest hydroelectric power plants – the Atatürk, Karakaya and Keban dams – increased by 106% in 2019 compared to the previous... More
Energy UAE issues license for 1st Arab nuclear power plant The United Arab Emirates said Monday it has issued a license for a reactor at its Barakah nuclear power plant, the first in the Arab world, hailing it as a "new chapter." The... More
Energy Libya to face financial crisis in 2020 due to oil blockade, PM says Libya will face a financial crisis and a budget deficit in 2020 because of a blockade of oil terminals and oil fields by groups loyal to eastern-based putschist Gen. Khalifa... More
Energy US vows to invest $1B in EU energy projects U.S. Secretary of State Mike Pompeo on Saturday said Washington pledged "up to $1 billion" to boost energy projects in eastern Europe as part of efforts to reduce reliance... More
Energy Turkish vessels Yavuz, Fatih launch first drillings of 2020 Turkey's drilling vessels Fatih and Yavuz have started their first drillings of 2020. The two vessels had been carrying out exploration and drilling activities within the... More
Energy Renewables account for almost half of Turkey's installed power In just over a decade, Turkey has tripled its installed renewable capacity to 45,000 megawatts and invested nearly $40 billion in renewable energy projects More
Energy IEA: Coronavirus to cause first shrink in global oil demand in a decade Global oil demand will suffer its first quarterly drop in a decade as the COVID-19 virus lashes the economy in China and its impact ripples throughout the world, the International... More
Energy Vessel welding for Akkuyu NPP's 1st reactor completed Final welding of the reactor pressure vessel for the first unit at Turkey's Akkuyu Nuclear Power Plant (NPP) has been completed, the reactor's manufacturer Atomenergomash... More
Energy Number of licenses issued for gas exports reaches 18 The number of licenses Turkey's watchdog issued to companies for the export of natural gas from Turkey to Europe has increased to 18, supporting the country's goal to become... More
Energy Russia still undecided on deeper output cuts Russia is still studying proposed deeper oil output cuts by the OPEC-plus group of top producers prompted by the new coronavirus outbreak in China, Energy Minister Alexander... More
Energy Energy to play greater role in Turkey-US trade volume LNG and renewable energy are said to become main areas to focus as part of a consistent strategy that could enable Ankara and Washington to reach $100 billion trade volume target More
Energy Turkey sees public-private partnership essential to boost use of domestic tech in oil exploration Turkey's bid to locally develop oil and natural gas drilling and exploration technologies comes as the country looks to further expand activities in the Eastern Mediterranean More
Energy Turkey acquires 3rd drillship for $37.5M as East Med tensions boil Turkey has bought its third drillship after the Fatih and the Yavuz for nearly $40 million as tensions regarding gas exploration in the Eastern Mediterranean heat up. Having... More

View More

Fashion's bad boy Jean-Paul Gaultier bows out in style

23 January 2020, Thursday Fashion's bad boy Jean-Paul Gaultier bows out in style VIEW ALL

Reader’s Corner