Energy
Qatar to leave OPEC in 2019, energy minister says
Qatar is to leave the Organization of the Petroleum Exporting Countries (OPEC) next month, the Gulf emirate's new Energy Minister Saad al-Kaabi announced on Monday.
"Qatar... More
Energy
Russia, Argentina ink deal on nuclear cooperation
Russia and Argentina signed a strategic document, envisaging improved cooperation in the peaceful use of nuclear energy, said Russian company Rosatom yesterday.
The company... More
Energy
Turkey will not allow usurpation of Northern Cyprus' rights in East Med
Turkey will continue taking necessary steps against policies ignoring the fundamental rights of the Turkish Cypriots regarding the natural resources in the Eastern Mediterranean, President Erdoğan has said More
Energy
Siemens Gamesa to supply 71 turbines to 4 countries
Siemens Gamesa Renewable Energy (SGRE) will supply 263 megawatts (MW) for onshore wind projects in Turkey, Sweden, Norway and Germany, the company said in a statement on Friday.... More
Energy
Turkish chairwoman to lead Med energy association
The Turkish energy regulator decided on the presidency of the Mediterranean Energy Regulators, MEDREG on Thursday with the election of Gülefşan Demirbaş, the head of the Strategy... More
Energy
"TurkStream gas pipeline to pass through Bulgaria"
A decision by Russia's Gazprom to book capacity in Bulgarian gas transportation systems means that the route of the second part of the TurkStream gas pipeline will pass through... More
Energy
New York-listed Eaton in talks to buy Ulusoy Elektrik for $300M
U.S.-listed power management company Eaton Corporation is in advanced talks to buy Turkey's Ulusoy Elektrik for around $300 million, two sources with knowledge of the deal... More
Energy
Zorlu Energy's geothermal power plant becomes world leader in efficiency
Turkey's Zorlu Energy's Kızıldere 3 geothermal energy power plant in the Denizli province of Turkey's Aegean region has set the bar high globally in terms of its efficiency... More
Energy
SOCAR to clinch deal to acquire German EWE's assets in Turkey
The State Oil Company of the Azerbaijan Republic (SOCAR) has rolled up its sleeves for another investment with plans to purchase German energy giant EWE's assets in Turkey.
Following... More
Energy
Turkish households consume cheapest electricity, natural gas in Europe
In comparison to the European Union countries' average, Turkey had the most affordable electricity and natural gas prices in the first half of this year, official data showed... More
Energy
Turkey's Mersin to receive nearly $1B in petrochemical investment
Istanbul-based CFS Petrochemicals is looking to invest in a polypropylene production plant in the Mediterranean coastal province Mersin as part of its investment incentive... More
Energy
LPG, crude oil imports fall in September
Turkey's liquefied petroleum gas (LPG) imports decreased by nearly 30.3 percent to 241,000 tons in September compared to the same month last year, according to the latest... More
Energy
Erdoğan: Reckless policies of Greece, Greek Cypriot administration in Mediterranean to backfire
Ankara has reiterated its determination to maintain its rights in the Mediterranean without compromise, rejecting unilateral initiatives by the Greek Cypriot administration to exploit the hydrocarbon resources with the backing of European states More
Energy
France postpones switch from nuclear energy, to close 14 reactors by 2035
French President Emmanuel Macron said Tuesday the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy proposed reviewing... More
Diplomacy
'Greece endangers itself with recklessness in Med'
President Recep Tayyip Erdoğan on Tuesday addressed several current issues of international relations, including tensions in the eastern Mediterranean, the recent spat between... More
Energy
Akkuyu nuclear plant gets limited work permit to construct unit 2
The Turkish Atomic Energy Authority (TAEK) granted the country's first nuclear power plant Akkuyu Nuclear Power Plant's (NPP) project company - Akkuyu Nuclear - a "limited...
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Energy
Russia ready for competition in Turkey with cheap gas
Russia is up for competition with other suppliers for Turkey's gas and alternative liquefied natural gas (LNG) sources in the region, Konstantin Simonov, director of Russia...
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Energy
OPEC offsets Iran oil loss, sees lower 2019 demand
Organization of Petroleum Exporting Countries (OPEC) said on yesterday it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for...
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Energy
China national petroleum corp suspends investment in Iran's South Pars after US pressure
China National Petroleum Corp (CNPC) has suspended investment in Iran's South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks...
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Energy
Second Mediterranean drillship to arrive by end of Jan
Turkey's ongoing efforts in the exploration of hydrocarbon reserves in the Mediterranean as part of its national energy and mining policy will be further accelerated with the arrival of a second drillship next month
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Energy
Turkey becomes Europe's gas equipment production base
During the 25th Anniversary Program of Natural Gas Appliance Manufacturers and Businessmen's Association of Turkey (DOSİDER), Chairman Ömer Cihda Vardan said that Turkey has...
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Energy
Turkish, Kuwaiti businesspeople invest $100M in greenhouses in southeast city
Turkish and Kuwaiti businesspeople have invested $100 million in greenhouses in Turkey's southeastern province of Şanlıurfa, which has made progress in many areas after the...
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Energy
TurkStream could pass through Greece: Putin
Russia is open to extending the TurkStream natural gas pipeline through Greek territory, Russian President Vladimir Putin said Friday during a news conference with Greek Prime...
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Energy
Oil prices surge 5 pct as OPEC moves to cut output
Iran gave OPEC the green light on Friday to cut oil output by around 0.8 million barrels per day from 2019, an OPEC source said, boosting the oil prices by 5 percent.
OPEC...
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Energy
Shale's growing profits at the mercy of OPEC cuts, Trump tweets
American shale producers have made progress in recording profits with lower oil prices in recent years and now they are nearing a threshold where some would scale back investment with the ups and downs in oil prices, due to Trump tweets and OPEC's decision
More
Energy
Japanese partner reported to abandon Sinop nuclear plant project
A Japanese-led public-private consortium is set to abandon a Turkish nuclear power project that had been touted as a model for Tokyo's export of infrastructure, according...
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Energy
Oil purchases from Iran fall to zero in November
Turkey's purchases of Iranian crude oil fell to zero in November, according to a source familiar with the matter, reflecting a decline in deals inked in the weeks leading...
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Energy
Turkish firm generates power from waste to meet electricity needs of 40,000 homes
Patronized by first lady Emine Erdoğan, the "Zero Waste Project," continues to raise public awareness in Turkey. Now, a group of Turkish entrepreneurs has joined the efforts...
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Energy
French oil giant Total says fuel stations running dry due to protests
French oil giant Total on Monday said several dozen of its gasoline stations had run dry as a more than two-week-long protest over fuel tax hikes began to impact fuel reserves...
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New action plan places prime focus on a rich set of defense, energy projects
With 454 projects as part of the second 100-day action plan, Turkey aims to upgrade its performance in defense, energy and technology while ensuring fair development with social reforms more
Qatar to leave OPEC in 2019, energy minister says
Qatar is to leave the Organization of the Petroleum Exporting Countries (OPEC) next month, the Gulf emirate's new Energy Minister Saad al-Kaabi announced on Monday.
"Qatar... More
Turkey will not allow usurpation of Northern Cyprus' rights in East Med
Turkey will continue taking necessary steps against policies ignoring the fundamental rights of the Turkish Cypriots regarding the natural resources in the Eastern Mediterranean, President Erdoğan has said More
"TurkStream gas pipeline to pass through Bulgaria"
A decision by Russia's Gazprom to book capacity in Bulgarian gas transportation systems means that the route of the second part of the TurkStream gas pipeline will pass through... More
Erdoğan: Reckless policies of Greece, Greek Cypriot administration in Mediterranean to backfire
Ankara has reiterated its determination to maintain its rights in the Mediterranean without compromise, rejecting unilateral initiatives by the Greek Cypriot administration to exploit the hydrocarbon resources with the backing of European states More
France postpones switch from nuclear energy, to close 14 reactors by 2035
French President Emmanuel Macron said Tuesday the country will move more slowly than promised to cap the amount of energy it derives from nuclear energy proposed reviewing... More
Second Mediterranean drillship to arrive by end of Jan
Turkey's ongoing efforts in the exploration of hydrocarbon reserves in the Mediterranean as part of its national energy and mining policy will be further accelerated with the arrival of a second drillship next month
More
TurkStream could pass through Greece: Putin
Russia is open to extending the TurkStream natural gas pipeline through Greek territory, Russian President Vladimir Putin said Friday during a news conference with Greek Prime...
More
Oil prices surge 5 pct as OPEC moves to cut output
Iran gave OPEC the green light on Friday to cut oil output by around 0.8 million barrels per day from 2019, an OPEC source said, boosting the oil prices by 5 percent.
OPEC...
More
Shale's growing profits at the mercy of OPEC cuts, Trump tweets
American shale producers have made progress in recording profits with lower oil prices in recent years and now they are nearing a threshold where some would scale back investment with the ups and downs in oil prices, due to Trump tweets and OPEC's decision
More
