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Russia targets over $149 billion in non-energy exports in 2025

Russia targets over $149 billion in non-energy exports in 2025

- Russia targets growth in non-energy exports amid economic shifts

14.02.2025 General

Türkiye’s registered electric vehicles soar nearly 130% in 2024

Türkiye’s registered electric vehicles soar nearly 130% in 2024

- Electric vehicles registered totals of 183,776 last year, primarily led by prominence of Türkiye’s Togg

24.01.2025 Electricity

Chinese battery company CATL and Stellantis announce $4.3B joint venture in Spain

Chinese battery company CATL and Stellantis announce $4.3B joint venture in Spain

- New battery factory could reach up to 50GWh capacity, making it one of Europe’s largest

11.12.2024 General

Biden announces more than $3B support for battery manufacturing sector

Biden announces more than $3B support for battery manufacturing sector

- Batteries critical to strengthening US grid, powering homes, businesses, supporting electrification of transportation sector, says energy agency

21.09.2024 General

Enercon CEO calls for level playing field in Europe's wind sector for independent supplies

Enercon CEO calls for level playing field in Europe's wind sector for independent supplies

- European wind industry needs original equipment manufacturers to cut reliance on China and secure supply chain independence, Enercon's Jürgen Zeschky says

02.11.2023 Europe

Asia to lead global ethylene glycol capacity additions by 2027

Asia to lead global ethylene glycol capacity additions by 2027

- Total ethylene glycol capacity of new-build and expansion projects in Asia is expected to reach 12.16 million tonnes per annum by 2027

13.06.2023 Natural Gas Asia

EU agrees on new law requiring use of sustainable fuels in aviation

EU agrees on new law requiring use of sustainable fuels in aviation

- Flight operators to be obliged to only tank fuel necessary for given flight before departure

26.04.2023 Transportation/Fuel Oil World Europe

Global sales of electric cars set to grow 35% this year, reaching 14 million

Global sales of electric cars set to grow 35% this year, reaching 14 million

- Electric car sales globally expected to continue explosive growth this year after record rise of 55% to 10 million in 2022, leading historic transformation in auto industry

26.04.2023 Electricity World

US' ISM manufacturing PMI falls to lowest in 26 months

US' ISM manufacturing PMI falls to lowest in 26 months

- 5 of 6 largest manufacturing industries register moderate-to-strong growth in August

02.09.2022 Projects Americas

bp, NYK Line join forces to decarbonize shipping and heavy industry

bp, NYK Line join forces to decarbonize shipping and heavy industry

- Switching to less carbon-intensive fuels is critical in enabling shipping industry to meet long-term decarbonization ambitions

15.09.2021 Lng/Lpg Transportation/Fuel Oil Europe

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Taliban invite South Korea to tap Afghanistan’s mineral wealth

Taliban invite South Korea to tap Afghanistan’s mineral wealth

- US had asked to use its military bases in South Korea to house Afghan refugees, says Seoul

24.08.2021 World Asia

'Turkey should focus on green, digital transformation'

'Turkey should focus on green, digital transformation'

- Turkey can take much stronger place with EU in post-pandemic era, says top Turkish business body

28.04.2021 Renewable Stock Market Energy Diplomacy Türkiye

Well tests to start in May in Turkey's Sakarya Gas Field

Well tests to start in May in Turkey's Sakarya Gas Field

- Kanuni drillship will conduct tests in Tuna-1, Turkali-1 and Turkali-2 wells

20.04.2021 Natural Gas Oil Türkiye

Turkish Central Bank keeps interest rates unchanged

Turkish Central Bank keeps interest rates unchanged

- Policy rate, also known as 1-week repo rate, stands at 19% in line with market expectations and tight monetary policy stance

16.04.2021 Finance Türkiye

GE merges aircraft leasing unit with rival in $30B deal

GE merges aircraft leasing unit with rival in $30B deal

- Firm plans to reduce debt by $30 billion after deal closed

11.03.2021 Electricity News from companies World

Turkey, Bangladesh eye to boost bilateral ties

Turkey, Bangladesh eye to boost bilateral ties

- Common commercial ties not affected by COVID-19 outbreak, Turkey stands as alternative arms supplier for Dhaka: Ambassador

25.12.2020 Türkiye Asia General

Turkey racks up $150M in defense exports to Tunisia

Turkey racks up $150M in defense exports to Tunisia

- Various armored vehicles to be at service of Tunisian security forces, says head of Turkey's Defense Industries Presidency

25.12.2020 Finance Türkiye Middle East-Africa General

Italy names Turkish renewables firm ‘Investor of 2020’

Italy names Turkish renewables firm ‘Investor of 2020’

- Italian Chamber of Commerce and Industry awards company for its solar energy investments in Italy

18.12.2020 Electricity Türkiye Europe

Turkey: Investment demand rises despite pandemic

Turkey: Investment demand rises despite pandemic

- Investment demand in 8 months of 2020 up by 30% compared to last year, says Turkish industry minister

03.10.2020 Invesments Türkiye

Turkish, Ukrainian business people eye free trade deal

Turkish, Ukrainian business people eye free trade deal

- Bilateral trade grew by 10% in first 4 months despite pandemic, says business leader

29.09.2020 Finance Türkiye Europe

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Turkey's manufacturing capacity up in September

Turkey's manufacturing capacity up in September

- Manufacturing capacity utilization rate rises to 74.6% in September, says Turkish Central Bank

24.09.2020 Türkiye

Turkey proceeds resolutely in defense industry: Erdogan

Turkey proceeds resolutely in defense industry: Erdogan

- 2 emergency response, diving training boats, 2 underwater demolition boats, 8 fast patrol boats join Turkish Naval Forces

24.08.2020 Natural Gas Oil Energy Security International Organization Energy Projects

France's Imerys buys majority stake in Turkish firm

France's Imerys buys majority stake in Turkish firm

- French firm says deal with Haznedar Group will strengthen position within attractive, growing Turkish market

11.08.2020 Türkiye Europe

Iran moves from oil to petrochemicals in export

Iran moves from oil to petrochemicals in export

- Country launches 3 major petrochemical projects worth $1.6B to boost non-oil revenue

08.08.2020 Refining/Petro Chemistry Invesments Middle East-Africa

Turkish Central Bank halves open market liquidity limits

Turkish Central Bank halves open market liquidity limits

- Cutting liquidity limits offered to primary dealers so as to tighten liquidity conditions to back Turkish lira

07.08.2020 Finance Türkiye General

Turkish Central Bank posts $86.3B in June reserves

Turkish Central Bank posts $86.3B in June reserves

- Foreign currency reserves amount to $45.8B, gold reserves $39.1B, official data show

29.07.2020 Invesments Türkiye

Turkey: Investment demand rises in H1 despite pandemic

Turkey: Investment demand rises in H1 despite pandemic

- Turkish industry minister says country sees record high number of incentive certificate in June

29.07.2020 Invesments Türkiye

US industrial power sales lowest in April since 1987

US industrial power sales lowest in April since 1987

- Stay-at-home orders against COVID-19, which moved office workers to working from home, also affected commercial power sales

01.07.2020 Electricity Americas

Aramco completes $70B share purchase deal of SABIC

Aramco completes $70B share purchase deal of SABIC

- Oil producer will pay in installments between August 2020 and April 2028 for 70% stake in chemical manufacturing company

17.06.2020 Oil Finance Energy Projects Middle East-Africa

Over 200 US firms file for bankruptcy amid low prices

Over 200 US firms file for bankruptcy amid low prices

- 'Loss of drilling revenue is more than $60 billion to the industry,' an expert in Houston says

26.05.2020 Oil Finance Downstream Americas Middle East-Africa

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