EBRD Loans $102 Million to Turkey’s Akfen Renewables

EBRD Loans $102 Million to Turkey’s Akfen Renewables

The European Bank for Reconstruction and Development (EBRD) will provide a financing package of up to $102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding, the bank announced on Tuesday

New Contractor Joins for Turkey's Akkuyu Nuclear Plant

New Contractor Joins for Turkey's Akkuyu Nuclear Plant

A new construction contracting company has joined participants for the construction of Turkey's first nuclear plant, the Akkuyu Nuclear Power Plant (NPP), Russia's state atomic energy Corporation Rosatom announced on Monday

Qatargas, Petrochina Sign 22-Year LNG Supply Deal

Qatargas, Petrochina Sign 22-Year LNG Supply Deal

Qatargas signed a long-term sales and purchase agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina, to supply China with around 3.4 million tonnes of liquefied natural gas (LNG) per annum, the company announced on Monday

Power of Siberia Gas Pipeline Almost Complete

Power of Siberia Gas Pipeline Almost Complete

Russian natural gas giant Gazprom has built 93 percent of the Power of Siberia natural gas pipeline to transport Russian gas to China, according to Russian broadcaster RT late Thursday

Turkerler to Invest Up to $1b. in Manisa's Geothermal

Turkerler to Invest Up to $1b. in Manisa's Geothermal

Turkerler Holding, which operates in Turkey's energy and construction sectors, plans to invest an additional $664 million in geothermal energy power plants in the Aegean city of Manisa, the company's chairman said in a statement Thursday

Total Sells Its Interest in the Joslyn Oil Sands Project to CNRL

Total Sells Its Interest in the Joslyn Oil Sands Project to CNRL

A press release said that following the oil price fall in 2014, the Joslyn project partners decided to put its further development on hold. "Therefore, activities have since been limited to fulfilling regulatory requirements and ensuring the safety of the site," it added

Turkey Working to Expand Coal Sector Workforce

Turkey Working to Expand Coal Sector Workforce

Turkey is working on the recruitment of 1,500 workers for the domestic coal sector, Turkish Energy and Natural Resources Minister, Fatih Donmez, said Wednesday. During his visit to the Turkish Hard Coal Institution (TTK) in the coal-rich Zonguldak province, Donmez said the Turkish Ministry of Labor, Social Services and Family is consulting with the Turkish Employment Agency (ISKUR) to expedite the recruitment of workers as soon as possible

Energy Efficient Glass Market Worth $32.02 Billion by 2023

Energy Efficient Glass Market Worth $32.02 Billion by 2023

According to the new market research report on the "Energy Efficient Glass Market by Coating (Hard Coat, Soft Coat), Glazing (Single Glazing, Double Glazing, Triple Glazing), Application (Building & Construction, Automotive, Solar Panel), and Region- Global Forecast to 2023", published by MarketsandMarkets™, the global market is estimated to be USD 25.11 billion in 2018 and is projected to reach USD 32.02 billion by 2023, at a CAGR of 5.0% between 2018 and 2023

Slovenia’s Petrol Unveils 4.8 MW HPP Jeleč in Bih

Slovenia’s Petrol Unveils 4.8 MW HPP Jeleč in Bih

Slovenian energy company Petrol has officially unveiled the Jeleč small hydropower plant (SHPP) on the Govza river near Foča in Bosnia and Herzegovina (BiH). The concessionaire invested EUR 6.25 million in the 4.8 MW hydropower plant

Turkey's Electricity Tariff Customers Fall in August

Turkey's Electricity Tariff Customers Fall in August

The number of electricity consumers who are able to exercise their right to buy electricity from their preferred provider decreased by 3.44 percent in August compared to the previous month, according to the latest Energy Exchange Istanbul (EXIST) data revealed on Monday

80 Percent of TurkStream Project Complete: Gazprom

80 Percent of TurkStream Project Complete: Gazprom

Gazprom laid down 1,500 kilometers of TurkStream gas pipeline across the two lines, corresponding to about 80 percent of the total length of the pipeline, Gazprom CEO Alexei Miller said Thursday.

OPEC’s JMMC Reports 109 pct Conformity Level in July

OPEC’s JMMC Reports 109 pct Conformity Level in July

OPEC and non-OPEC producing countries participating in the "Declaration of Cooperation" achieved a conformity level of 109 percent in July, showing "significant progress" towards the goal set at the 4th OPEC and non-OPEC ministerial meeting on June 23, according to a press release issued by OPEC’s Joint Ministerial Monitoring Committee (JMMC) on Thursday.