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'Turkey won't stop defending rights in Eastern Med' Turkey on Monday reiterated a vow to defend its rights in the Eastern Mediterranean, as a response to the European Union's plans for restrictive measures against Ankara. "Turkey... more

Energy Turkcell opens Turkey's first solar-powered data center in Ankara With Ankara-based data center's launch on Friday, the leading telecommunications firm Turkcell reached the largest area in data centers in Turkey with a total of 33,500 square... More
Energy Saudi Arabia launches oil giant Aramco's IPO Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant Saudi Aramco after years of delay to create the world's most valuable listed company,... More
Energy UK halts all fracking over earthquake fears The British government has announced that it will no longer allow fracking because of new scientific analysis that casts doubts on the safety of the controversial practice. The... More
Energy OYAK in talks with Demirören for Total acquisition Turkey's military pension fund OYAK initiated Friday negotiations with Demirören Holding for the acquisition of gasoline and liquefied petroleum gas (LPG) distribution companies... More
Energy World Bank: Turkey has 70 GW of offshore wind potential Turkey has nearly 70 gigawatts (GW) of technical potential for offshore wind, according to the new World Bank Group report Going Global: Expanding Offshore Wind in Emerging... More
Syrian Crisis US role in Syria more complex with Trump's claim to oil By claiming a right to Syria's oil, President Donald Trump has added more complexity – as well as additional U.S. forces and time – to an American military mission... More
Energy Natural gas to help balance renewable energy transition Natural gas will act as a balancing source in global energy markets during the transition to renewable energy, Turkish and Russian energy experts told press members at the... More
Energy Saudi Aramco shares to start trading in Dec: report The long-planned initial public offering of a sliver of Saudi Arabia's state-run oil giant Saudi Aramco will see shares traded on Riyadh's stock exchange in December, a Saudi-owned... More
Energy Turkish, Russian energy experts to meet in Istanbul A Turkish-Russian Energy Experts Round Table meeting will start today in Istanbul for discussions on energy cooperation specifically in the field of natural gas. The meeting,... More
Energy Nordex aims to empower women in Turkey's wind sector German wind turbine manufacturer Nordex's Turkey branch, Nordex Enerji A.Ş., in partnership with Turkish Women in Renewable and Energy Network (TWRE), aims to enhance Turkish... More
MidEast Trump's suggestion of seizing Syrian oil draws rebukes U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts. "What... More
Politics Russia slams US move to send troops to Syria oil fields Russia's Defense Ministry on Saturday harshly criticized the United States decision to send armored vehicles and combat troops into eastern Syria to protect oil fields, days... More
Energy US sending troops to Syria oil fields, Esper says The United States will send armored vehicles and combat troops into eastern Syria to keep oil fields from potentially falling into the hands of Daesh terrorists, U.S. Defense... More
Energy TurkStream natural gas pipeline to impact region's gas flow Poised to be commissioned later this year, the TurkStream natural gas pipeline will have a regional impact and will change the gas flow in the region as it will be reducing the transit through Ukraine and most of the existing Trans Balkan Pipeline system will become empty More
Energy Operation Peace Spring to secure regional energy infrastructure Increasing regional trade, which will increase with the provision of energy security as a result of Turkey's Operation Peace Spring, will allow for greater oil trade between Ankara and Baghdad More
Energy SOCAR plans huge investment for Turkey's gas storage SOCAR AQS, an Azerbaijani integrated drilling and well services management company, will dig 40 wells to expand the storage capacity at the Lake Tuz (Tuz Golü) Natural Gas... More
Energy Turkey to be among Europe's top 5 renewable leaders by 2024 Turkey's installed renewable energy will be brought up to 63 gigawatts by 2024, placing it among the top five countries in Europe with the highest renewable-based capacity and ranking 11th in the world More

Energy EU Council adopts sanctions framework for Turkey's East Med drilling The European Union Council adopted a framework for restrictive measures in response to Turkey's drilling activities in the Eastern Mediterranean, calling them "unauthorized,"... More
Energy Turkish oil, gas production sees uptick after increased drilling, exploration Turkey has seen a moderate increase in the production of oil and gas after providing momentum to drilling and exploration operations and will continue more onshore drilling this year More
MidEast Iran begins construction of 2nd nuclear power plant Iran began pouring concrete Sunday for a second nuclear reactor at its Bushehr power plant, a facility Tehran points to as its reason to break the enrichment limit set by... More
Energy Iran says found new oil field with over 50B barrels Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude oil, its president said Sunday, a find that could boost the country's proven... More
Diplomacy Syrian oil reserves belong to Syrian people, FM says Nobody can lay any claims to the natural resources of Syria except for the country's own people, Foreign Minister Mevlüt Çavuşoğlu said Saturday, criticizing foreign interference... More
Energy Production at YEKA wind turbine plant to begin by month's end Taking another step toward renewable energy, Turkey is poised to launch production at the $100-million factory, established after the first wind power Renewable Energy Resource... More
Energy Domestic capabilities key in Turkey's East Med policy The indigenousness of Turkey's drilling vessels in the Eastern Mediterranean is highly significant for the country in terms of warding off international pressure, an official... More
Energy Turkey could start exporting electricity to Iraq in 2020 Iraq poses a new market for Turkey with potential initial exports ranging between 200 and 400 megawatts (MW) in 2020, the head of Turkish Energy Traders Association (ETD)... More
Energy After years of significant progress, Turkey still has greater wind power potential The eighth Turkish Wind Energy Congress, held in the capital Ankara on Nov. 5-6, emphasized the enormous progress Turkey has made in enhancing its wind energy and renewables,... More
Energy Brazil oil auction raises disappointing $17 billion Brazil's auction of drilling rights to four deep-sea oil fields raised a disappointing $17 billion on Wednesday, officials said, well short of expectations for the highly-anticipated... More
Energy China considers up to $10 billion investment in Saudi Aramco IPO China's state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco's planned initial public offering, Bloomberg reported on Wednesday,... More
Energy Brazil plans to raise $26.5 billion in major oil field auction Brazil will auction drilling rights to deep-sea oil fields off its southeast coast Wednesday in a blockbuster sale it hopes will raise a whopping $26.5 billion and boost its... More
Energy Turkey generates 46% of electricity from renewable resources Intense efforts put forward by the public and private sectors has led to a profound increase in electricity generation from renewable energy resources, which claimed 46% of total production on a monthly basis between January and October this year More
Energy 8th wind energy congress to kick off in Ankara The Turkish Wind Energy Association (TWEA) is scheduled to hold a two-day Turkey Wind Energy Congress starting Tuesday, Nov. 5 in the capital Ankara. According to a statement... More
Energy Investors still in the dark on Saudi Aramco value Investors interested in the initial public offering of Saudi Aramco are left with questions, especially concerning valuation estimates, which run from $1.2 trillion to $2.3 trillion, as well as other issues surrounding the oil giant's IPO More
Energy 5 Turkish offshore drilling rounds to explore oil, gas scheduled for 2020 Turkey is to conduct five offshore drilling rounds for oil and natural gas in 2020, including in marine license areas of the Turkish Republic of Northern Cyprus (TRNC), according... More

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