Energy

BUSİNESS Energy June 10, 2020

Turkey delineates 7 blocks in East Med under Libya pact, drilling to start in 3-4 months

Turkey has determined seven licensed areas in the Eastern Mediterranean for oil exploration and drilling under the recent Libya...

NewsFromTurkey 0 58

BUSİNESS Energy June 10, 2020

BP to cut 10,000 jobs worldwide over pandemic

Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs, almost 15% of the...

NewsFromTurkey 0 61

BUSİNESS Energy June 10, 2020

Oil prices up after OPEC extends oil cut deal for 1 month

Crude oil prices were up on Monday as the Organization of Petroleum Exporting Countries (OPEC) and its allies agreed...

NewsFromTurkey 0 62

BUSİNESS Energy June 8, 2020

Libya’s giant El-Sharara oil field resumes production after illegal closure by Haftar

Libya’s giant El-Sharara oil field in the country’s south resumed production Sunday after a monthslong closure, the National Oil...

NewsFromTurkey 0 86

BUSİNESS Energy June 8, 2020

Yusufeli Dam to add over $221M to Turkey’s economy annually

A new dam and hydroelectric power plant built in Turkey’s northeastern Artvin province will add TL 1.5 billion (over...

NewsFromTurkey 0 72

BUSİNESS Energy June 8, 2020

Turkey’s share of installed renewable capacity over 45% in 2019

The share of renewable energy sources in Turkey’s installed electricity capacity reached 45.2% in 2019, compared with 44.7% in...

NewsFromTurkey 0 53

BUSİNESS Energy June 8, 2020

Mexico says won’t extend oil output cut agreed by OPEC+

Mexico on Saturday refused to extend a cut in oil production until the end of July, as agreed upon...

NewsFromTurkey 0 73

BUSİNESS Energy June 8, 2020

OPEC, allied nations extend nearly 10M barrel cut through July

The Organization of the Petroleum Exporting Countries (OPEC) and allied nations agreed Saturday to extend a production cut of...

NewsFromTurkey 0 64

BUSİNESS Energy June 8, 2020

Russian share of gas imports falls as Turkey turns to cheaper LNG

Greater natural gas price competition and the increased share of renewables and local resources in Turkey have seen the...

NewsFromTurkey 0 77

BUSİNESS Energy June 8, 2020

OPEC, allies to meet Saturday on extending production cuts

The Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia will meet Saturday to discuss...

NewsFromTurkey 0 63

Turkey delineates 7 blocks in East Med under Libya pact, drilling to start in 3-4 months

BP to cut 10,000 jobs worldwide over pandemic

Oil prices up after OPEC extends oil cut deal for 1 month

Libya’s giant El-Sharara oil field resumes production after illegal closure by Haftar

Yusufeli Dam to add over $221M to Turkey’s economy annually

Turkey’s share of installed renewable capacity over 45% in 2019

Mexico says won’t extend oil output cut agreed by OPEC+

OPEC, allied nations extend nearly 10M barrel cut through July

Russian share of gas imports falls as Turkey turns to cheaper LNG

OPEC, allies to meet Saturday on extending production cuts

Turkey’s unemployment rate falls 13.2% in March, TurkStat says

Video footage reveals how UAE officers train militias loyal to putschist general Khalifa Haftar

FM Çavuşoğlu: Global unity required to support vulnerable refugees

Coronavirus to cause record $84 billion in losses for airline industry, IATA predicts