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Mexico's oil exports to US reach lowest level since 1990

- The U.S.' crude oil imports from Mexico decreased around 50 percent since January 2011, the EIA says

12.12.2015 Oil

Turkey a possible route for Iranian gas to Europe

- After sanctions removal, Iran will consider transferring natural gas to Europe via Turkey

12.12.2015 Natural Gas Upstream

OPEC's power, share in oil market falls over the years

- The cartel, which once contolled 70% of global oil market, is today divided by internal strife and irreconcilable differences

12.12.2015 Oil Finance Energy Diplomacy

Renewable investments take time to reap returns

Renewable investors should not expect quick returns, says Ozgul Holding's chairman

12.12.2015 Renewable

Obama signs transportation bill funded by oil sales

- Bill plans to sell 66 million barrels of crude from U.S.' Strategic Petroleum Reserves to generate $6.2 billion

07.12.2015 Oil Regulation Energy Diplomacy

Asian Development Bank to grant Afghanistan $1.2 bln.

- The bank will support Afghanistan's ongoing energy projects

07.12.2015 Finance Invesments

KRG dismisses Russian claims of Daesh oil sales to Turkey

- Iraq's regional Kurdish government rejects Russian allegations that Turkey is buying oil from Daesh militant group

03.12.2015 Energy Diplomacy International Relations

EU, Turkey to revitalize energy cooperation: Bozkir

- Turkey and EU seek to bolster energy deals following Ankara's soured relations with Russia over downed warplane

03.12.2015 Energy Diplomacy Energy Diplomacy Energy Security International Relations

Russian media ignores US claims of Daesh oil trade

- After crisis between Russia and Turkey, Russian media ignores coverage of Russia's oil trade with Daesh

26.11.2015 Energy Diplomacy International Relations

Lebanon targets 12% renewables in energy mix by 2020

- Electricity generation capacity is around 1,800 megawatts in Lebanon, but consumption is around 2,200-3,000 megawatts

26.11.2015 Renewable Finance Solar Invesments Energy Diplomacy Energy Projects

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Daesh sells oil to Syrian regime, says Erdogan

- Erdogan has accused Russia of not fighting Daesh in Syria, saying it is killing Turkmen and Syrians in Latakia instead

26.11.2015 Oil

Russia: No embargo on Turkish exports

- But presidency spokesman says that controls will be increased on Turkish goods entering the country

26.11.2015 archive

Turkey's ELDER to invest $9.3 bln. for elec. upgrades

- Turkey's Electricity Distribution Services Assoc. is eager to invest 27 billion TL ($9.3 billion) to upgrade elect. system

26.11.2015 Electricity Finance

E.ON's solar farm now operational in California

- E.ON's solar power plant in California is now operational, according to the company's announcement

25.11.2015 Renewable Solar

Low oil prices boost available assets, investm: Kuwait

- 'A lot of investment opportunites exist due to low oil prices and capital costs,' Kuwaiti official says

25.11.2015 Oil Finance

US remains committed to Eur. energy security: Deputy sec.

- US Deputy Secretary of State Blinken explains how European energy security can be strenghtened

21.11.2015 Natural Gas Energy Diplomacy

US oil rig count takes another dip with latest decline

- Oil rig count in the U.S. fell by 10 last week, after the rise of two rigs in the previous week had ended the 10 weeks of decline

21.11.2015 Oil

LNG gives natural gas global reach: Cheniere official

- \"LNG is a more attractive commodity because of its resilience to price shocks,\" company's high-ranking official says

20.11.2015 Natural Gas Finance Lng/Lpg Projects

Russia to build Egypt's first nuclear power plant

- Rosatom will build Egypt's first nuclear power plant in Dabaa city

20.11.2015 Electricity Nuclear Energy Diplomacy International Relations

Turkish Petroleum to take part in Afghanistan oil search

- A consortium, including Turkish Petroleum, Calik and Bayat, committed a $90 million investment, which will start early 2016

19.11.2015 Natural Gas Oil

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Low oil prices an issue for global oil diversification

- Experts discussed effects of low oil prices, U.S. oil production, and Iran's return to oil market

19.11.2015 Oil Energy Diplomacy

Secure Black Sea environment key for Ukraine: Minister

- Secure investment environment in Black Sea region would ease trade for Ukraine, Energy and Coal Industry Minister says

19.11.2015 Natural Gas Energy Diplomacy

Russia awaits new Turkish gov. to progress energy projs.

- Russia awaits formation of new Turkish government to ratify 3 regulations for progress of Akkuyu Nuclear Power Plant

17.11.2015 Electricity Natural Gas Nuclear Upstream

Ukraine could face gas shortages: Gazprom CEO

- Ukraine's pre-paid gas is sufficient only for four days, Gazprom CEO says

10.11.2015 Natural Gas Energy Diplomacy

Oil market to rebalance at $80 a barrel in 2020: IEA

- Oil prices could raise to $80 a barrel in 2020 with high demand and lower supply growth, International Energy Agency says

10.11.2015 Oil Finance

Fitch revises down oil price assumptions

- Rating agency revises oil price assumptions downwards due to ongoing supply and demand imbalance

09.11.2015 archive

Climate change risks poverty of 100 million: World Bank

- World Bank's recent report addresses 'acute threat' of global poverty due to climate change

09.11.2015 Energy Diplomacy Energy Diplomacy Energy Security International Organization

SKorea to strengthen ties with Iran

- Iranian nuclear deal leads to new start for relations with South Korea

08.11.2015 archive

Israelis demonstrate against major gas deal

- Thousands of Israelis protested against the gas deal, which will give monopolizing power of public resources to companies

08.11.2015 Natural Gas

Turkey guarantees to win gas price case against Russia

- \"We applied to [arbitration] court to get a higher gas discount, and we guarantee to win the case,\" Turkish energy minister says

08.11.2015 Natural Gas Regulation Energy Diplomacy

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Turkmenistan: Economic growth slows as exports lag

- Diversification of economy is underway, with industrial expansion making an important contribution to GDP

05.11.2015 Finance Invesments

Turkey: Economic growth forecast at 3 pct in 2015: EBRD

- Recovery in the eurozone should support exports, while weaker domestic demand and lower commodity prices cut import bills

05.11.2015 Finance Invesments

Sanctions on Iran to be lifted by year end: Rouhani

- The country awaits sanctions removal to attract foreign investment that will boost oil, gas production and revive its economy

27.10.2015 Oil Finance Energy Diplomacy

LNG prices to see new lows before 2020

- Consultancy company Wood Mackenzie said the low prices will be a result of major increase in supply, while diminishing demand in China

27.10.2015 Natural Gas

Domestic car to lower Turkey's oil dependency: Minister

- Turkey's domestically produced car targets to travel 100 kilometers with two liters of fuel

27.10.2015 Oil Finance

BOTAS releases statement on Turkey-Russia gas dispute

- Turkey's Petroleum Pipeline Corp. (BOTAS) announces natural gas price dispute with Russia will be taken to arbitration court

27.10.2015 Natural Gas

Indonesia reveals TPP intentions at White House meeting

- President Widodo announces country will seek to join pact; cancels rest of US trip due to country's emergency smog situation

27.10.2015 Energy Diplomacy International Relations

100% renewables can be reality for global sustainability

- One hundred percent renewable energy can become a reality to achieve global sustainability, head of World Wind Energy Assoc.

26.10.2015 Renewable Renewable Wind Solar

India struggles with electricity T&D losses

- Electricity transmission and distribution losses account for 20% of India's total generation - one of the world's highest

22.10.2015 Electricity Thermal Regulation Electricity

Crude oil stocks in US rise four weeks in row

- Weekly oil inventories and imports increased in the U.S.

22.10.2015 Oil

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Green fund needed to support Asia, Africa's env. issues

- Turkey's Forest and Water Affairs minister stressed need for alternative fund for disertification in Africa, Central Asia

22.10.2015 Finance Projects

Turkey is key in carrying Israeli gas to Europe: Eng Min.

- \"Turkey has experience and infrastructure to carry Israeli gas to Europe,\" Alaboyun says

14.10.2015 Natural Gas

Ecologists oppose French thermal investment in Turkey

- Ecological NGOs slam French gov. and state co. Engie over coal-fired thermal power plant investment in Turkey's south

07.10.2015 Electricity Thermal

Sub Saharan Africa 2015 growth to slow down: World Bank

- Sub Saharan Africa's expected growth for 2015 will be the lowest since 2009 'because of difficult global conditions', the World Bank has predicted

06.10.2015 Finance

OECD's Gurria optimistic on Turkish economy

- Secretary-general of OECD tells Anadolu Agency that Turkish economy is 'picking up'

04.10.2015 Finance Invesments

Turkish consumers face 10% rise in electricity and gas

- Turkish consumers paid nearly 10 percent more per unit for electricity and natural gas in first half of 2015

30.09.2015 Electricity Natural Gas

G20 energy ministers meeting in Istanbul begins Thurs.

- G20 energy ministers will meet in Istanbul to discuss global energy issues

30.09.2015 archive

Turkey's electricity private sector creates 100k jobs

- Turkey's private electricity market provides 100,000 jobs and over $1 bln. in investment up to 2015, energy minister says

30.09.2015 Electricity

US should unleash oil power to constrain Russia: US Sen.

- US Republican Senator says US energy is powerful tool that could be used against belligerent nations like Russia and Iran

29.09.2015 Oil Regulation Energy Diplomacy

Shell to cease oil exploration in Arctic

- The exploration well in the Arctic does not indicate sufficient oil and gas to further explore, Shell says

28.09.2015 Natural Gas Oil

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Nuclear energy should be in Turkey's public policy: IEA

- Nuclear energy should be contained in Turkey's permanent public policy not governmental policy, says head of IEA

28.09.2015 Electricity Natural Gas Oil Nuclear

Turkey's energy watchdog to launch 'Energy Atlas'

- EMRA announced a new database system to assist investors in the energy market

27.09.2015 Regulation

Iran eyes Poland to export oil, liquefied natural gas

26.09.2015 Natural Gas Energy Diplomacy

US oil rig count declines four weeks in a row

26.09.2015 Oil

Russia, Ukraine agree deal on winter gas supplies

- EU-brokered agreement will ensure gas supplies to Ukraine, Europe over winter months

26.09.2015 Energy Diplomacy Energy Security

Sustained low oil prices may reduce investment: EIA

25.09.2015 Oil

Tariff bonus for Turkish companies from energy watchdog

- Turkey's energy watchdog is planning to reward electricity generation companies, in case of no deadly work accident in a year

25.09.2015 Regulation Electricity

Total to cut capital expenditure for 2016, 2017

24.09.2015 Oil Finance

US weekly oil stocks decline

- Weekly oil inventories in the U.S. decreased by 1.9 million barrels

24.09.2015 Oil

Oil prices unlikely to see $100 a barrel again: Russia

- \"There is a new reality. Oil price of $100 per barrel is unlikely to return, it is history,\" Russian Finance Minister Siluanov says

24.09.2015 Oil Finance Regulation

home > Uğur Serhan Özcan

Lithuania to arrange shale tender

- The Baltic country plans to attract shale gas investors

23.09.2015 Natural Gas Shale/Unconventional

Kurdish regional gov't to raise oilexports to Turkey

- Regional government will deliver up to 900,000 barrels per day by the end of this year

22.09.2015 Oil Upstream

Fitch: Fiscal discipline is key for Turkey

- Strength of fiscal position helps Turkey's stable outlook, Fitch analyst Paul Gamble says

22.09.2015 Finance Invesments

Turkey energy sector needs $160 billion invest. by 2023

21.09.2015 Finance Invesments

Turkey: PKK threatens dam projects in southeast

- Terrorist group attacks governmental facilities in southeast

21.09.2015 Energy Diplomacy Energy Security

Drought is ravaging Zambia, minister says

- Zambian agriculture minister says effects of climate change threaten to set back years of development progress

21.09.2015 Energy Diplomacy Energy Security

Iran calls for fair treatment under Vienna agreement

- President Hassan Rouhani hopes nuclear watchdog will aid peaceful development

21.09.2015 Energy Diplomacy Energy Security

Afghan upset at Pakistan fuels hunt for new trade links

- Persistent insecurity and a drying-up of foreign aid sees phenomenal drop in bilateral trade with Pakistan

20.09.2015 Finance Invesments

Russia-Turkey gas pipleline delayed

- Gazprom announces pipeline will not finish on time amid stalled talks between governments

14.09.2015 Natural Gas Downstream

OPEC cuts forecast for U.S. oil production

14.09.2015 Oil

home > Uğur Serhan Özcan

€5 mln. paid for Sandbostel wind farm in Germany

- Luxembourg special fund FP and German RWE Innogy purchases wind farm in Germany for €5 million

14.09.2015 Renewable Wind

Chinese oil company ups production in 1H15

27.08.2015 Oil

Arrest warrant issued for ex-Pakistani prime minister

- Yousaf Raza Gilani faces corruption charges over export subsidy scandal

27.08.2015 Oil Regulation

Iran to offer oil and natural gas fields for investment

- North Pars, Golshan and Ferdowsi gas fields are estimated to hold 3.3 to 3.8 tcm of natural gas in total

27.08.2015 Natural Gas Finance Regulation

UK reopens embassy in Tehran

- British Foreign Secretary Hammond has reopened the UK embassy in Iran's capital Tehran

23.08.2015 Energy Diplomacy International Relations

Norway's largest oil field gets official approval

23.08.2015 Oil

Turkish energy company to invest $275 mln in projects

23.08.2015 Renewable Renewable Finance Wind Solar Invesments

Turkey: TOBB lists fastest-growing companies

- Maren Maras Elektrik tops list of rapidly growing companies, the Union of Chambers and Commodities Exchanges says

11.08.2015 Finance

Crude oil exports from Iraq to Turkey fell 6.5% in July

- Due to attack on Kirkuk-Ceyhan pipeline, crude oil exports from Iraq to Turkey fell 6.5 percent month-on-month

11.08.2015 Oil Energy Diplomacy

Japan reactivates reactor for first time in 2 years

- Protestors still troubled by 2011 Fukushima nuclear disaster protest in front of PM's office and nuclear plant

11.08.2015 archive

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Oil, gas revenues provide half of Turkish tax earnings

- Oil and gas tax revenues provided half of Turkey's Special Consumption Tax earnings in the first half of this year

09.08.2015 Finance Invesments

'Turkey’s long-term future is bright': Seshadri of IMF

-Seshadri responded to Anadolu Agency correspondent’s questions on Fed rate hikes, the debt crisis in Greece, falling oil prices and geopolitical issues

09.08.2015 Finance Invesments

All you need to know about Egypt’s Suez Canal

- What Egyptian government dubs as ‘New Suez Canal’ is in fact new 72-kilometer shipping route

05.08.2015 Energy Diplomacy

Turkey: Blast hits Baku-Tbilisi-Erzurum pipeline

- Officials say investigation is underway

04.08.2015 archive

US energy chief admits to not seeing Iran-IAEA deal

- Ernest Moniz said that he had not yet seen the side agreements between Iran and UN's nuclear watchdog

30.07.2015 Energy Diplomacy Energy Security

BP records $1.3 billion cost profit in 2Q 2015

- BP's cost profit declines from $3.6 billion to $1.3 billion compared to second quarter of 2014

28.07.2015 Oil Finance Projects

Wind energy provides 8% of Europe’s electricity

- Global cumulative capacity of installed wind turbines has gone from 3 GW to 370 GW over two decades, JRC report says

28.07.2015 Renewable Wind

Turkish business to profit from lift of Iran sanctions

- Analysts say that Turkish trade with Iran could balloon dramatically once sanctions are lifted

28.07.2015 Finance Invesments

IEA praises Spain for energy improvements

- Commitment to electricity market reforms in Spain necessary to regain investor confidence, report says

28.07.2015 Finance Projects Energy Diplomacy International Organization

Landmark deal for Kenya's solar project worth $2.2 bln.

28.07.2015 Renewable Solar

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Iraq: US Defense Secretary Carter visits Erbil

- Ashton Carter is scheduled to visit Turkey next, according to media reports

24.07.2015 Energy Diplomacy International Relations

EC asks France to retrieve state aid from EDF

- The European Commission requested France to recover €1.37 billion in 'incompatible' aid from Electricite de France

22.07.2015 Finance Invesments

Kerry: Time to repair broken relations with Cuba

- 'We are taking an historic and long overdue step in the right direction,' says John Kerry

21.07.2015 Energy Diplomacy

European Comission's energy summer package is released

- EC's summer package aims to decarbonize economy and give consumers a central role, according to EU Chief Maros Sefcovic

15.07.2015 Renewable Finance Wind Projects Energy Diplomacy International Relations

Iran nuclear agreement a “good deal”, say experts

-Milestone accord likely to face stiff opposition from detractors in US, Iran

15.07.2015 Electricity Nuclear Energy Diplomacy Energy Security

Iran deal leaves markets mixed

- Asian stocks are mixed, European and U.S. exchanges set to open lower on Wednesday; euro drops, Turkish lira improves

15.07.2015 Energy Diplomacy Energy Diplomacy Energy Security International Relations

Longest subsea power link in world to be built by 3 Cos.

- Three international construction companies receive approval to build UK and Norway power connector

14.07.2015 Renewable Wind

Russia to support Greece by increasing energy cooperation

- Statement comes after plans were announced last week for a €2 billion Russia-Greece gas deal

12.07.2015 Energy Diplomacy International Relations

Nuclear power returning to Japan

- Japan began shutting its 48 nuclear power plants after the Great East Japan Earthquake and tsunami of March 11, 2011.

12.07.2015 Electricity Nuclear

Nigeria's Buhari takes 50% annual salary cut

- Move comes in line with falling energy earnings amid declining crude oil prices on international market

12.07.2015 Oil Upstream

Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

Heads of Russian, UN nuclear watchdogs start meeting in Moscow

Hungary inks deal with UK to develop small modular nuclear reactors

Iran warns US, Israel of forceful response if its nuclear sites targeted

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Highlights of Türkiye's energy market in 2024

Global coal demand peaks in 2024, to plateau until 2027: IEA

Türkiye to begin 1st gold production in Niger in 2025

Spot market electricity prices for Monday, Nov. 11

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Utilisation of EU LNG terminal plunges to 42% in 2024

Europe LNG imports hit 3-year low in 2024: Report

Surge in global LNG demand boosts LNG carrier orders in 2024

Türkiye's LPG production up 12.3% in November 2024

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

US oil rig count down by 2 for week ending Aug 16

Türkiye ranks 3rd in Europe for onshore wind energy capacity increase

Europe's wind energy capacity increases by 16.4 GW in 2024

Türkiye to install 1 GW wind energy capacity in 2025

Ibrahim Erden re-elected as head of Turkish Wind Energy Association

Türkiye's installed solar power capacity exceeds 20,000 MW

Türkiye awards six contracts for 800 MW solar projects

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

China set to build world's largest dam in Tibet

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Spot market electricity prices for Sunday, March 16

US oil rig count up by 1 for week ending March 14

Türkiye's daily power consumption up 0.03% on March 12

Syria, Saudi energy company discuss cooperation in agricultural sector

OPEC daily crude output up 0.6% in February

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Türkiye's renewable share in electricity capacity rises to 60%

Global leaders of energy sector to convene at İstanbul Energy Forum

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1

Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts