News

Turkey reached an agreement with the World Bank for $200 million in funding for public sector energy efficiency investments, Turkey's Energy and Natural Resources Minister Fatih Donmez said Monday.

Turkey's first drilling vessel, Fatih, started conducting its first deep drilling in offshore Antalya on the county's southern Mediterranean coast on Tuesday.

Turkish and Germany energy ministers on Friday signed a letter of intent to develop energy projects. The document was signed at the Turkish-German Energy Forum held in Turkish capital Ankara.

Speaking at the 9th Exploration and Production Activity Consultation meeting in Ankara, Turkish Energy and Natural Resources Minister Fatih Donmez said that Turkey would not allow any parties to breach Turkey's rights or those of the Turkish Republic of Northern Cyprus (TRNC) based on international law.

Turkey and Kazakhstan aim to gradually increase annual bilateral trade from the current $5 billion up to $10 billion over a seven to eight year period, Turkish Energy and Natural Resources Minister said Wednesday

Turkey is working on the recruitment of 1,500 workers for the domestic coal sector, Turkish Energy and Natural Resources Minister, Fatih Donmez, said Wednesday

Turkey aims to drill its first well in the Mediterranean before this winter, Turkish Energy and Natural Resources Minister said Wednesday.

EPIAS, Energy Stock Exchange Istanbul, launched its spot natural gas trade system on the energy stock exchange on Saturday with the attendance of Fatih Donmez, Turkey's Energy and Natural Resources Minister.

There will be three priorities in energy for the new era, said Fatih Dönmez, the Minister of Energy and Natural Resources.

Turkey’s newly appointed Minister of Energy and Natural Resources takes over his new post from his predecessor Berat Albayrak with a handover ceremony on Tuesday.

Appointed as the Minister of Energy and Natural Resources in the 64th Government, Mr. Berat Albayrak has taken over the post at the Inauguration Ceremony that took place in the Ministry.

Minister of Energy and Natural Resources Ali Rıza Alaboyun met with the United States Deputy Secretary of State Antony Blinken.

Minister of Energy and Natural Resources Ali Rıza Alaboyun took part in the International Energy Agency (IEA) Ministerial meeting.

Underlining the need for energy resources diversification through deployment of renewable and indigenous sources, Minister Alaboyun stated: “We have a very important shortfall and it is nuclear energy. Turkey without nuclear means Turkey with no energy in the future. I assume that one or two reactors in our first nuclear power plant Akkuyu will be taken into operation by 2023.”

“Floating gigantic power plants” manufactured by Karadeniz Holding for Ghana and Indonesia have departed to be delivered to these countries. Minister of Energy and Natural Resources Alaboyun stated that Turkey feels proud of the “gigantic floating power plants” manufactured by Karadeniz Holding.