Petkim Petrokimya Holding brought the first high yield corporate trade from Turkey since last Friday, raising $m with a sub-6% coupon. PhosAgro is marketing a five to seven year dollar bond. Rated Ba1/BBB-/BB+, the issuer has mandated Bank of America Merrill Lynch, Citi. Bookrunner: Citigroup, Goldman Sachs, JP Morgan, Societe Generale, VTB Capital. Depository: Euroclear Bank, Clearstream Banking S.A., DTCC. Trustee.

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Petkim, Turkey’s petrochemical raw material manufacturer, reported a 64 percent plummet in its net profit to Net sales of 1.

The company’s net profit was around By Murat Temizer Anadolu Agency energy aa. Turkish retailers to charge for plastic bags in – Move is aimed at reducing volume of non-recyclable waste Foreign trade deficit narrows 90 pct in Nov.

Turkey’s Petkim sees 64% drop in profits in 1Q18

Turkey’s energy import bill down 2. Erdogan, Merkel discuss Syria and migrants over phone – 2 leaders also discuss fight against terrorism and Turkish-German relations Turkish firm pitches payment app for Mideast, N.

Africa – Blockchain-based payment project Menapay is in line with Islamic finance rules, says its chief marketing officer Economic confidence rises in December – New official data reveals it increases 2 pct to reach Eni starts bio-oil production in Syndial plant – Gela pilot plant has a bio-oil production capacity of approximately 70 kg per day of organic waste US energy expenditures decline for fifth year: EIA – Lower energy prices push expenditure down as total energy consumption remains virtually unchanged Oil prices down after US stock market rally – The Dow Jones records its biggest one-day point gain in history Turkish industrial capacity usage Turkish gov’t economic measures ‘exceptionally positive’ – Turkish business body head foresees country’s economy to grow 1 pct next year, inflation rate to hover around 17 pct Sectoral confidence rises in December – Key sectors of retail trade and services up while construction confidence slips month-on-month Brent oil price drops as low demand worries persist – Brent oil price fell 5.

Total to acquire 2 gas power plants from Uniper France -Energy giant signs agreement with Prague-based EPH which agreed to enter into negotiations to buy Uniper’s activities in France Macron criticizes US withdrawal decision from Syria – ‘I very deeply regret the decision made on Pegkim says the French president Turkey lowers limit for power ptkim to switch suppliers – Turkey lowers eligibility limit for electricity customers to choose preferred power supplier from 2, kWh to 1, kWh US sanctions cannot hurt Turkey-Iran ties: Erdogan – President Recep Tayyip Erdogan says Turkey ready to do its part to reach desired level of bilateral ties with Iran Oil prices decline after Fed decision, market selloff – US Federal Reserve signals continuance of interest rate increases in Dutch Eneco up for privatization – Energy group will be privatized via controlled auction upon mutual decision of Eneco management and its shareholders Oil prices recover with rebound in stocks, Fed in focus – Global oil market focuses on much-awaited U.


Federal Reserve meeting Oil prices down as US shale set to hit record output – Shale oil output in US is estimated to reach 8. Oil, gas firms ready for low prices in WoodMac – “Portfolios are set to weather low prices,” a WoodMackenzie expert says Turkish economy sees total turnover rise in Oct.

Turkey’s short-term external debt stock drops in Oct. Turkish FM criticizes ‘unacceptable’ sanctions on Qatar – Qatar is becoming petkkm self-sufficient every passing day by taking steps to diversify its economy, says Mevlut Cavusoglu Fitch holds Turkey rating at BB; outlook negative – Lira tumbled but recovered most of its losses after significant tightening by country’s central bank Over GW of wind power to come online in next decade – Wind energy capacity is expected to grow by an average of 2.

Turkey’s Central Bank holds policy rate constant – Policy rate, also known as one-week repo rate, remains same at 24 pct EBRD stops financing coal-related energy projects – European development bank puts decarbonization at center of its new energy strategy for next five years Senvion signs 48 MW wind turbine deals in Europe – Senvion will supply wind turbines to Belgium, France and Portugal in the fourth quarter of Global oil supply rises in November – OPEC crude oil production decreases by 11 thousand barrels per day to average Oil prices rise with market, trade optimism – Crude prices gain more than 1 percent on stock market optimism and easing of U.

X platform turbines to the Kola wind farm US oil majors raise oil production outlook for – ConocoPhillips and Hess forecast production of more oil next year, while keeping their budgets flat EU’s Brexit deal ‘best deal possible’, says bloc chief – Everyone should know, Withdrawal Agreement will not be re-opened, says European Commission head Turkey’s current account balance posts surplus in Oct.


Eni discovers oil in offshore Angola – Eni’s new oil discovery in Angola is estimated to contain between and million barrels of light oil Turkey’s economy grows 1. Senvion to add 86 MW capacity to Australian wind farm – On project completion, wind farm will have megawatts capacity – enough to powerhouseholds in Australia Iraqi minister – Nearly half of total amount petkom be used to maintain stability through promoting local development, says EU official Turkey at cusp of critical gas supply decision pre s – s pose significant date for Turkey’s gas contracts, expert says Russian expert says OPEC decisions aren’t shaped by Twitter: Russia – Russian Energy Minister Alexander Novak says oil industry looks at supply and demand, market to make decisions Oil prices down as market awaits OPEC decision – Cartel is estimated to cut oil production by at least 1 million barrels a day IEA publishes ‘Finland’ report with emissions advice – Focus areas of report are on reducing traffic emissions petkiim on opportunities offered by bioeconomy Turkish Central bank keeps inflation target at 5pct – Turkish Central Bank says first objective is to bring down inflation to single digits Turkish pettkim market narrows in January-November – Overautomobiles and light commercial vehicles sold in first 11 months ofsays industry group Oil gains with weak dollar, US-China trade truce – Three-month truce imbues investor optimism Siemens Gamesa to supply MW turbines in Belgium ciri Siemens Gamesa will supply offshore wind turbines for two-combined site project to supplyhouseholds in the country Ptkim annual inflation falls in November – Last month, annual consumer price index down 3.

Siemens Gamesa to supply 71 turbines for 4 countries – The company will provide 71 onshore wind turbines totaling megawatts to Sweden, Pegkim, Germany and Turkey Turkey’s energy import bill up Valeura forecasts vast gas find in Turkey’s Thrace Basin – Canadian company has been operating in Turkey for more than 7 years Ppetkim use cookies in a limited and restricted manner for specific purposes.

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