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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.

BP Aims to Achieve Net Zero Carbon Emissions by 2050

BP Aims to Achieve Net Zero Carbon Emissions by 2050

British energy giant BP has set a goal to achieve net zero carbon emissions with a net zero carbon footprint and carbon removal by 2050 or sooner. The company said in a statement on Wednesday that it aims to achieve net zero emissions across all of its operations on an absolute basis either before or by 2050.

Renewable Energy: Game-Changer in Turkish Energy Market

Renewable Energy: Game-Changer in Turkish Energy Market

Renewable energy is a game-changer for the Turkish energy market driven by strong political commitment and a willingness to change the market structure, Energy and Natural Resources Deputy Minister Alparslan Bayraktar said on Thursday.

Greece Negotiates the Production of Electric Vehicles with Volkswagen

Greece Negotiates the Production of Electric Vehicles with Volkswagen

Greek Deputy Foreign Minister Kostas Fragogiannis meets with a delegation of Volkswagen (in connection with a project for the production of electric vehicles. The Greek government is strongly committed to promoting the use of electric vehicles as a strategic priority, according to the Foreign Ministry's website.

Energy to Play Greater Role in Turkey-US Trade Volume

Energy to Play Greater Role in Turkey-US Trade Volume

Turkey and the U.S. could reach mutual trade volumes of $100 billion through a consistent strategy that could cover trade in liquefied natural gas (LNG), renewable energy and petrochemicals, director of Atlantic Council in Turkey told Anadolu Agency.