Trump Nominates Brouillette as New Energy Secretary
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department.If confirmed by the Senate…
Venezuela Sells Oil to Tiny Turkish Firm
With U.S. sanctions blocking Venezuela from selling oil to the United States, state-owned energy firm PDVSA has turned to several little-known buyers that include a tiny Turkish company with no refineries but ties to President Nicolas Maduro's government…
Senate Confirms Wheeler to lead EPA
The U.S. Senate on Thursday confirmed President Donald Trump's candidate, a former coal lobbyist, to lead the nation's top environmental regulator, infuriating Democrats and conservation groups who said his policies were endangering…
US Grants Temporary Iran Oil Waivers to Eight Countries
The United States has granted exemptions to eight countries allowing them to temporarily continue buying Iranian oil, Secretary of State Mike Pompeo said on Monday, as Washington reimposed sanctions on Iran's banking, energy and shipping industries.Some of the eight countries - C
Turkey's Tupras Reduces Iranian Crude Purchases as U.S. Sanctions Loom
Turkey's biggest oil importer Tupras has cut back purchases of Iranian crude since May, when the United States said it would re-impose sanctions on Tehran, and analysts say Tupras is likely to stick to lower volumes in coming…
Saudi Aramco in Lead to Buy OMV's Turkish Unit Petrol Ofisi
Oil giant Saudi Aramco is believed to be the front-runner to buy Turkish fuel stations business Petrol Ofisi from Austrian oil group OMV , sources familiar with the matter said. Saudi Aramco has placed a bid and is awaiting the result…
TurkStream Project Will Have Two Gas Pipelines
The TurkStream gas project from Russia to Turkey will consist of two gas pipelines, both for use by Turkey and for delivery to Europe, Turkish President Tayyip Erdogan said on Tuesday. He told a joint news conference with Russian…
Indian Oil Debt to Iran to be Soon Cleared
Indian refiners owe around 6 billion euros; Iran expects funds to be cleared soon. Indian oil refiners will clear around 6 billion euros ($6.7 billion) of outstanding debt to Iran through Turkey's Halkbank soon, a senior Iranian economy official said on Wednesday.
Kurdish Oil Loadings at Turkey's Ceyhan Delayed
Loadings of oil from Iraqi Kurdistan at the Turkish Mediterranean port of Ceyhan, which were halted on Feb. 17, remained suspended on Monday due to bad weather, shipping agents told Reuters. Pumping via the pipeline which feeds…
Kurdish Oil Flows Shut as Pipeline Sabotaged in Turkey
Kurdistan's oil exports to world markets are set to be suspended for a second week running, a shipping source said, a move that will deprive Iraq's semi-autonomous region of its main revenue stream as the security situation in southeast Turkey worsens.
Tupras Says Fire Erupts in Kocaeli Refinery
A fire broke out at Turkish oil refiner Tupras' Kocaeli refinery in northwestern Turkey, a company spokeswoman said on Wednesday, adding that production had not been halted and technical teams were working to put it out. "Our operations are continuing with no interruption…
Theft Attempt Halts Oil Flow in Iraq-Turkey Pipeline
The flow in an Iraqi pipeline carrying Kurdish and Kirkuk crude oil to Turkey's southern port of Ceyhan has been suspended after a theft attempt on the pipeline, energy officials and a shipping agent said on Monday. The flow was expected to resume 'in a few hours'…
Turkey's First Nuclear Plant Delayed
Turkey's first nuclear power plant is unlikely to be ready before 2022, energy officials said on Monday of the $20-billion project that has been beset by regulatory hurdles and complicated by Russia's financial woes. Dependant on imports for almost all of its energy…
Ankara Stalling Russian Hopes on 'Turkish Stream' Gas Plan
Turkish concern about too much dependence on Russian energy and an upcoming election mean Russia's plans for a new gas pipeline to southeastern Europe are unlikely to advance as quickly as Moscow might like, Turkish energy officials said on Wednesday.
Kirkuk Oil Pumping Halted since Monday
Pumping of oil along Iraqi Kurdistan's pipeline carrying Kirkuk and Kurdish crude to the Turkish Mediterranean port of Ceyhan has been halted since Monday due to repairs necessitated by theft, Turkish officials and an industry source said.
Turkey Strikes Deal with Gazprom for Gas Price Cut
Turkey has concluded a final deal with Russia's Gazprom that will cut the price of gas it buys from Russia by 10.25 percent, Energy Minister Taner Yildiz said on Friday. The deal will not lead to lower domestic gas prices because of the weakness of the lira…
Turkey Hikes Diesel Price on Weak Lira
Turkey has raised the price of diesel after a weaker lira pushed up the cost of its crude oil imports, an industry source told Reuters on Monday, a move which could put further pressure on stubbornly high inflation. The price of standard diesel is now 3.27 liras per liter…
Turkey May Suggest LNG Project to Russia
Turkey could propose to Russia building an LNG terminal in an energy complex on its border with Greece, as part of talks on planned new gas pipeline with its northern neighbour, Turkish Energy Minister Taner Yildiz said. Last…
Turkey May Suggest LNG Project to Russia
Turkey could propose to Russia building an LNG terminal in an energy complex on its border with Greece, as part of talks on planned new gas pipeline with its northern neighbour, Turkish Energy Minister Taner Yildiz said. Last…
Mass Global, Iraqi Banks to Fund Power Plant
Private firm Mass Global and Iraqi banks will finance a $3 billion, 3,000 megawatt (MW) gas-fired power plant being built by Turkey's Enka Insaat in the Iraqi city of Bismayah, the companies said on Thursday. Enka said on Tuesday…
