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Turkeys 3rd Drillship from UK Expected on March 17

Turkey's 3rd Drillship from UK Expected on March 17

Turkey's third drillship, acquired from the U.K, is expected to arrive at its final destination in Turkey on March 17, according to ship-tracking data on Thursday.

Turkeys Natural Gas Imports Down 10% in December 2019

Turkey's Natural Gas Imports Down 10% in December 2019

Turkey's natural gas imports decreased by around 10.51% in December 2019 compared to the same month of 2018, according to Turkish energy watchdog's data on Wednesday.

BNR: Russian Company to Build Part of the TurkStream Pipeline in Bulgaria

BNR: Russian Company to Build Part of the TurkStream Pipeline in Bulgaria

A BGNES correspondent in Belgrade has reported that Serbian-registered Russian company IDC (Infrastructure Development and Construction), which was the main contractor for the construction of the TurkStream pipeline through Serbia, would be subcontracting more than 100 kilometers of the Bulgarian section of the pipeline, BNR reported

Temenuzhka Petkova: Bulgaria will Continue to Rely on its Coal Plants

Temenuzhka Petkova: Bulgaria will Continue to Rely on its Coal Plants

Bulgaria does not give up its coal plants, Energy Minister Temenuzhka Petkova said on February 24 after a meeting with the trade unions, which discussed the conditions under which the country would accept the so-called “Green Deal” of the European Commission for a carbon-free economy.

US Natural Gas Stocks to Hit Record by End of October

US Natural Gas Stocks to Hit Record by End of October

Natural gas stocks in the U.S. are estimated to hit a record level by the end of October this year, according to the country's Energy Information Administration (EIA) on Monday.

Saudi Aramco Gets Approval for Major Natural Gas Field

Saudi Aramco Gets Approval for Major Natural Gas Field

Saudi energy giant Aramco has received regulatory approval to start developing a major unconventional natural gas field in the country, which will help its petrochemical sector, the company recently announced.

Turkish Fund Oyak to Buy Demirorens Auto Fuel Ops.

Turkish Fund Oyak to Buy Demiroren's Auto Fuel Ops.

The pension fund of the Turkish Armed Forces OYAK applied to Turkey's competition watchdog to acquire Demiroren Holding's Total Oil Turkey and M Oil, it announced on Tuesday.

Nordex Receives Order for 156 MW Wind Farm in Chile

Nordex Receives Order for 156 MW Wind Farm in Chile

The Nordex Group received a large order to build a wind farm with turbines from the Delta4000 generation in Chile, the German wind turbine manufacturer announced on Tuesday.

Rosneft Income Increases 50% in Fourth Quarter of 2019

Rosneft Income Increases 50% in Fourth Quarter of 2019

Rosneft saw its net income increase by 50% in the fourth quarter of 2019 from the same period a year ago, according to its financial results statement released on Wednesday.

Turkstream Moves 500 Mcm of Gas to Europe via Turkey

Turkstream Moves 500 Mcm of Gas to Europe via Turkey

Russia transferred over 500 million cubic meters of natural gas to Europe from Turkey via TurkStream natural gas pipeline during the first month of its operations in January 2020, according to industry sources on Wednesday.

Solar is Key in Cutting Turkish Gas Imports: GENSED Head

Solar is Key in Cutting Turkish Gas Imports: GENSED Head

Solar energy is a key energy source to mitigate the high costs of Turkey’s imported gas, according to the head of the Turkish Solar Energy Industry Association, GENSED, Halil Demirdag, on Wednesday.

Turkey: Early Adopter of Renewables in MENAT

Turkey: Early Adopter of Renewables in MENAT

Turkey along with Morocco have become early adopters of renewable energy in the Middle East, North Africa and Turkey (MENAT) region by implementing suitable policies and offering appropriate incentives, President and CEO for GE Renewable Energy in the MENAT region, Manar al-Moneef, told Anadolu Agency (AA) on Monday.

Coronavirus to Have Short-Term Oil Market Impact: BBVA

Coronavirus to Have Short-Term Oil Market Impact: BBVA

The impact of coronavirus outbreak on the oil market is set to be transitory with short-term price recoveries while the renewables sector will experience a long-term positive trend, chief economist at BBVA told Anadolu Agency (AA) on Tuesday.

The US Allocates $ 1 Billion to European Countries for Energy Security Projects

The US Allocates $ 1 Billion to European Countries for Energy Security Projects

The US allocates about $ 1 billion to Central and Eastern European countries for energy security projects under the Three Seas initiative to develop the regional dialogue. This was announced by Secretary of State Mike Pompeo in a speech to the Munich Security Conference. The implementation of projects will help these countries secure their energy security.

Jeff Bezos Gives $ 10 Billion to Fight Climate Change

Jeff Bezos Gives $ 10 Billion to Fight Climate Change

Jeff Bezos has announced that he is giving $ 10 billion to combat climate change. The richest person in the world will fund different scientists, activists and other organizations fighting global warming.