Turkey's defense and aerospace industry exports this year are expected to top $2 billion, said the nation's defense industries chief on Friday. Speaking at Anadolu Agency's Finance Desk, Ismail Demir said that Turkey's defense and aerospace industry exports had already reached around $1.5 billion as of October, an annual rise of some 14 percent. (c) Copyright Andolu Ajansi read more.
The French private equity firm behind the country's largest stock market listing of the year is planning to plough more than half a billion euros into Britain's wind-power industry. Fresh from the listing of the EUR1.4bn (PS1.2bn) renewable energy giant Neoen last year, Omnes Capital is plotting a major push into British wind next year. Serge Savasta, managing partner of Omnes, told The Sunday Telegraph that Brexit has had no bearing on the fund's first planned move into the UK. "It does not put us off.
The first new oil refinery to be built in Turkey in 30 years has opened in the Aegean city of Izmir by Azeri oil company SOCAR in a ceremony attended by Turkish President Recep Tayyip Erdogan and his Azerbaijani counterpart Ilham Aliyev.
Boom times are back for at least one company in Canada's oil heartland. : Canadian Pacific Railway Ltd. may match or exceed its record 2014 pace of 110,000 crude carloads next year as a pipeline crunch stokes demand for shipping by train, Chief Executive Officer Keith Creel said late Thursday in an interview from Calgary, where the company is based. "The demand is there," Creel said. "Maybe a 100,000 run rate goes to 110 or 120.
The transaction is part of its EUR3 billion asset rotation plan to 2022 The company maintains its renewable energy strategy in the Spanish market, focused on wind, hydroelectric and solar photovoltaic technologies BILBAO, 19-Oct-2018 -- /EuropaWire/ -- Iberdrola has agreed to divest ... Read the full press release -
The proposed deal also includes assumption of nearly C$3.1bn ($2.4bn) of debt of MEG Energy by Husky Energy. However, the offer was rejected by the oil sands producer's The post MEG Energy turns down $5bn takeover offer from Husky Energy appeared first on Compelo Energy.
It's probably not the kind of success US President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of US crude oil, liquefied natural gas (LNG) and coal have slowed to a trickle amid the escalating tit-for-tat tariff [...]
By Offshore Energy Today After a recent delay, Energy XXI Gulf Coast (EGC) and Cox Oil (Cox) are on Thursday expected to complete the previously announced merger deal. ... Read Full Article Here For more great articles: Offshore Energy Today.
By LNG World News Finish energy company Gasum reported a jump in the nine-month revenue figures for the year 2018, boosted by the performance of its natural gas and LNG business units. Read Full Article Here For more great articles: LNG World News.
The big story in oil markets this week has been the escalating tension between the United States...: Tom majored in International Business at Amsterdam's Higher School of Economics, he is now working as news editor for Oilprice.com. The big story in oil markets this week has been the escalating tension between the United States and Saudi Arabia, with many analysts suggesting that crude prices could head even higher if the fued reaches a boiling point. - U.S. nuclear plant outages were relatively low throughout the summer, but spiked last month.