Category: Energy

Venezuela economy minister visits Ankara to negotiate petrol trade

Venezuela economy minister visits Ankara to negotiate petrol trade

Venezuela’s economy minister Tuesday visited the Turkish capital Ankara to discuss trade relations between the two countries, with a focus on petroleum. “We...

Oil shares gain as US stocks end mostly higher amid Brexit anxiety

Oil shares gain as US stocks end mostly higher amid Brexit anxiety

Regardless of recent tensions between Turkey and some EU countries, European tourists continue to prefer Turkey as a popular holiday destination with the number of...

Turkey warns Greek Cypriot administration over claims on natural resources

Turkey on Friday warned the Greek Cypriot administration against staking exclusive claims on natural resources of the divided island. A Foreign Ministry statement...

Turkey's biggest solar plant to be built by Kalyon-Hanwha Co.

Turkey’s biggest solar plant to be built by Kalyon-Hanwha Co.

The Kalyon-Hanwha consortium won the tender bid on Monday for the construction of Turkey’s biggest solar power plant in Karapınar in the Central Anatolian region...

EU approves Russian-backed nuclear plant in Hungary

EU approves Russian-backed nuclear plant in Hungary

EU anti-trust authorities on Monday approved a controversial nuclear expansion project in Hungary that is heavily backed by Russia. The approval removes the last...

Turkey to experience no gas shortages in winter

Turkey to experience no gas shortages in winter

Energy and Natural Resources Minister Berat Albayrak said on Sunday that all necessary measures have been taken to ensure that Turkey will not experience gas shortages...

Putin ratifies deal with Turkey on TurkStream natural gas pipeline project

Putin ratifies deal with Turkey on TurkStream natural gas pipeline project

Russian President Vladimir Putin ratified deal with Turkey on TurkStreamNATURAL gas pipeline project on Tuesday. The upper house of Russian Parliament, the Federation...

Turkey increasingly important oil, natural gas transit hub, EIA says

Turkey increasingly important oil, natural gas transit hub, EIA says

The U.S. Energy Information Agency (EIA) has described Turkey as an increasingly important transit hub for oil and natural gas supplies in its updated analysis on...

Russian upper parliament approves Turkish Stream pipeline deal

Russian upper parliament approves Turkish Stream pipeline deal

The upper State Duma, Federation Council of Russia has approved the bill on ratification of Turkish Stream gas pipeline project, reports said on Wednesday. The project,...

UK court blocks Nigerian pollution claims against ShellUK court blocks Nigerian pollution claims against Shell

UK court blocks Nigerian pollution claims against Shell

A British court on Thursday blocked pollution claims against Anglo-Dutch energy giant Shell by more than 40,000 Niger Delta residents demanding action over decades of...