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Turkey, Germany seek closer cooperation in renewable energy Turkish and German energy authorities aim to expand the energy cooperation between the two countries, particularly in the area of renewables, as both are increasing efforts to broaden the share of electricity generated from renewable resources more

Energy World's largest Islamic energy lender to include Turkish projects Energy projects to be implemented in Turkey will also be able to get loans from the Qatari Energy Bank, the world's largest Islamic energy-focused lender, due to be set up later this year, according to the CEO of the Qatar Financial Center More
Energy IEA: Global energy demand hits fastest pace this decade Energy demand worldwide reached its fastest pace this decade and saw 2.3 percent growth last year, driven by a robust global economy and stronger heating and cooling demand... More
Energy Turkey's crude oil imports up 48.1 percent in January 2019 Turkey's crude oil imports increased by 48.1 percent to 2.2 million tons in January 2019, compared to the same month of 2018, according to a report released by the country's... More
Energy STAR Refinery to export $500M in petrochemical raw materials per year All tests on the State Oil Company of Azerbaijan Republic's (SOCAR) Turkey Aegean Refinery (STAR) have been completed and the refinery will start working on full capacity... More
Energy Lake Tuz to increase gas storage capacity to 5.4 billion cubic meters With the project expansion, the natural gas storage capacity at Lake Tuz underground natural gas storage facility, which currently stands at around 600 million cubic meters, will be increased to 5.4 billion cubic meters by 2023 More
Energy Giant petrochemical investment in Adana to cut current account deficit by $2 billion Located at the intersection of consumer and producer markets, Turkey's southeastern province of Adana is welcoming an $8 billion petrochemical investment. The project, to be realized with Turkish, Algerian, Dutch and South Korean partners, will reduce the current account deficit by an estimated $2 billion More
Energy American LNG summit discusses Turkey's natural gas market With the continuous rise in output and fierce competition among suppliers, liquefied natural gas (LNG) has become one of the most discussed topics in the global energy sector.... More
Energy Additional 1,000 MW solar capacity to come soon Turkey will add around 1,000 megawatts (MW) of solar energy capacity in the near term, according to Energy and Natural Resource Minister Fatih Dönmez.Taking into account the... More
Energy Turkish energy firms invest in Uzbekistan's gas sector Cengiz Energy and Yıldırım Energy, Turkey's two leading energy holdings, have inked deals to establish two natural gas combined-cycle power plants in Uzbekistan.A statement... More
Energy Turkey to build on its strength in gas trade The expansion of capacity storage, diversification of suppliers and infrastructure investments have empowered Turkey's hand as a gas importer in a global environment of pouring supply, while the country is also ramping up efforts to become a regional gas trading hub More
Energy High-quality oil discovered in Turkey's Diyarbakır, Siirt provinces Energy and Natural Resources Minister Fatih Dönmez announced yesterday that Turkey has discovered high-quality oil in the southeastern provinces of Siirt and Diyarbakır as... More
Energy Any project excluding Turkey in Eastern Mediterranean not realistic The hydrocarbon resources in the Eastern Mediterranean have been a big part of decades-long political conflicts in the region, which have come to block their fair and equitable... More
Energy ‘Greece aware of Turkey's energy rights in eastern Med’ Greece recognizes Turkey's rights concerning the abundant energy resources in the eastern Mediterranean, Greek foreign minister said Thursday. Speaking at a joint press... More
Energy TurkStream's land, sea sections successfully connected The final weld that connects the offshore and nearshore sections of the TurkStream natural gas pipeline project has been completed, marking the finalization of the entire... More
Energy Greece rules out Turkey's exclusion in East Med energy Greece's Foreign Minister Giorgos Katrougalos ruled out Turkey's exclusion on energy-related issues in the Eastern Mediterranean area.In an exclusive interview with Anadolu... More
Energy Turkey open to new cooperation with int'l firms in Med, Black Sea Having carried out various cooperation with international oil firms in the past, Turkey is open to new partnerships for oil and gas exploration in the Mediterranean and Black Sea More
Energy Baku, Moscow mull supplying Russian oil to Turkey's STAR refinery Azerbaijan and Russia discussed the possibility of supplying Russian oil to the State Oil Company of Azerbaijan Republic (SOCAR) Turkey Aegean Refinery (STAR), according to... More

Energy Akkuyu nuclear power plant to have core holder vessel in September The strategic Turkish-Russian energy project Akkuyu Nuclear Power Plant (NPP), poised to be the first nuclear power plant in Turkey, will have its core holder vessel placed... More
Energy Hydroelectric power generation sets new record Turkey set a new daily record in hydroelectric power generation, hitting more than 366.7 million kilowatt-hours (kWh) Tuesday, according to Taner Ercömert, general manager... More
Energy Serbia begins building TurkStream pipeline section Serbia has started construction of its section of the TurkStream pipeline to carry Russian natural gas to Europe, the country's Foreign Minister Ivica Dacic said Wednesday. Speaking... More
Energy Great potential exists for energy cooperation between Turkey, US Energy cooperation between Turkey and the U.S. has become an important aspect of bilateral relations for the last 25 years, leading to the completion of significant regional... More
Energy Iran says US pressures making oil market fragile Iran's oil minister said yesterday that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and... More
Energy Household gas consumption down by 12.3 pct in 2018 Turkey's natural gas consumption per household decreased by 12.3 percent to 905 cubic meters in 2018 compared to the last three year's average consumption of 1,032 cubic meters,... More
Energy Energy efficiency investments to reach $11B in five years Turkey aims to invest roughly $11 billion in energy efficiency over the next five years, cut its primary energy consumption by 14 percent, and reduce 66 million tons of CO2... More
Energy Turkey to invest $11 billion in energy efficiency Turkey aims to invest some $11 billion in energy efficiency over the next five years, cut its primary energy consumption by 14%, and reduce 66 million tons of CO2 emissions,... More
Energy Renewables, electrification can reduce emissions by 75 pct Scaling up renewable energy combined with electrification could deliver more than three-quarters of the energy-related emission reductions needed to meet global climate goals,... More
Energy Oil hits 5-month high on OPEC cuts, US sanctions, Libya Oil prices rose to their highest since November yesterday, driven by OPEC supply cuts, U.S. sanctions against Iran and Venezuela and fighting in Libya as well as strong U.S.... More
Energy SOCAR to establish $1.5 billion petrochemical R&D center in Turkey Turkey's largest foreign direct investor, SOCAR, has rolled up its sleeves for another major investment. It will establish a $1.5-billion petrochemical R&D center in the Aegean province of İzmir More
Energy Dutch energy giant Vitol has long-term commitment to Turkish market Entering the Turkish market with a giant acquisition of 1.4 billion euros a year and a half ago, Vitol is determined to grow and invest in Turkey. Petrol Ofisi CEO Selim Şiper... More
Americas Trump issues permit for delayed Keystone XL oil pipeline In an apparent bid to kick-start the long-stalled Keystone XL oil pipeline, President Donald Trump on Friday issued a new presidential permit for the project, two years after... More
Energy Turkish, Japanese firms join forces for LNG investment Turkey's floating power plant company Karpower International B.V. (Karpowership) and Japanese shipping company Mitsui O.S.K. Lines (MOL) have agreed to collaborate in the... More
Energy LNG imports reach record high in January Turkey's monthly liquefied natural gas (LNG) imports reached a historic record high at 2.34 billion cubic meters (bcm) in January 2019, according to Turkey's Energy Market... More
Energy Turkey's gas imports down 6.54 pct in January Turkey's natural gas imports fell 6.54 percent in January compared to the same month of 2018, according to data from the Turkish energy watchdog.Imports decreased to 5.81... More

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