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Economic Relations With Turkey Vital for Germany: Amb.

Economic Relations With Turkey Vital for Germany: Amb.

Turkey holds great economic importance for Germany through bilateral trade and as a production base, German Ambassador to Turkey Martin Erdmann told Anadolu Agency on Monday

Aker BPs Earnings Increase by More Than 150% in 3Q18

Aker BP's Earnings Increase by More Than 150% in 3Q18

Aker BP’s third-quarter operating profit increased by 150.2 percent in the third quarter of 2018, compared to the same quarter of 2017, helped by the oil price increases, the Norwegian oil firm said on Friday

Turkey Warns Greece, Calls for Easing Tensions

Turkey Warns Greece, Calls for Easing Tensions

Greece should avoid acts that will accelerate tensions in the Mediterranean Sea, said Turkish Energy and Natural Resources Ministry on late Thursday

Shell to Sell Interests in Danish Subsidiary for $1.9B

Shell to Sell Interests in Danish Subsidiary for $1.9B

Royal Dutch Shell Plc. (Shell) reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco) to sell shares in its Danish subsidiary Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion, the energy giant announced Wednesday

Turkish State Energy Companies to Invest $1.5B in 2019

Turkish State Energy Companies to Invest $1.5B in 2019

Turkey’s state-owned energy companies are expected to make 8.40 billion Turkish liras ($1.48 billion) of investments next year, a presidential decree revealed on Wednesday. According to the decree published on the Official Gazette, a total of eight energy companies will make these investments

Dispersed Renewables Key to Turkeys Transit Cost Cuts

Dispersed Renewables Key to Turkey's Transit Cost Cuts

Turkey's energy system could benefit from greater distribution of renewable energy plants to various parts of the country in an effort to reduce transmission costs while also allowing investors achieve better returns on their investments, the Chairman of the Steering Committee of the SHURA Energy Transition Center said Tuesday

Balkan Energy Regulators Establish Advisory Forum

Balkan Energy Regulators Establish Advisory Forum

National energy regulators of Bulgaria, Greece, Serbia, Macedonia,and Montenegro have signed an agreement on the establishment of a permanent advisory forum

Iran Selling Oil to New Customers: Vice President

Iran Selling Oil to New Customers: Vice President

Iran has found new customers for its oil amid negotiations with traditional buyers to circumvent sanctions, Shana reported Iran's First Vice President Eshaq Jahangiri as saying on Sunday

Turkey Opens Up 7 Coalfields to Private Investors

Turkey Opens Up 7 Coalfields to Private Investors

Turkey opened seven large coalfields to private investors with the aim of reducing the country's current account deficit, which had been negatively impacted by energy imports, according to Turkish Energy and Natural Resources Minister in Ankara on Thursday

S.Aramco, Total to Build Giant Petrochemical Complex

S.Aramco, Total to Build Giant Petrochemical Complex

Saudi Aramco and Total signed a joint development agreement on Monday for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi Arabia's eastern coast, according to a joint press release from the companies

Norways Giant Field Johan Sverdrup Powered from Shore

Norway's Giant Field Johan Sverdrup Powered from Shore

The Norwegian Minister of Petroleum and Energy officially opened the power-from-shore solution to provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years, Equinor announced on Tuesday