Trending News: Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG DealSaudi Arabia and Turkey Sign Major 3 GW Wind Power DealSiemens Energy More Than Triples Dividend After Record YearPublic Support for UK Oil, Gas Higher than Ever, OEUK SaysPanoro Energy identifies helium at South African gas prospectGUVNL Floats 250 MW Wind Power Tender With 250 MW Greenshoe Option Under Phase XIIGreen gas platform targets €40bn investment in Spanish biomethaneMERC Approves INR 5.30/kWh Short-Term Power Tariff for Panvel SEZ Consumers In MaharashtraGreen Energy Stocks Witness Mixed Performance as Sensex Surges 1% Amid Selective Buying and Profit Booking (11 November 2026)API Shows Sharp Build in US Crude Oil, Distillate InventoriesOil Prices Rise as Iran Peace Optimism FadesOctopus Energy Launches $600 Million Asia Fund, Begins With 450 MW Solar And 350 MWh Storage Investment In PhilippinesVideo | Building a more resilient CO2 supply chainNew sealing material highlights industry’s response to growing PFAS scrutinyNew sealing material highlights industry’s response to growing PFAS scrutinyGlobal Energy And Climate Plans Face Growing Alignment Gap Towards 2050—IRENAGold Hydrogen claims helium-3 concentrations at Ramsay projectLNG shipment growth raises hopes of Qatar helium recoveryPodcast | “Woo-Woo” or the future? DAC and the merchant CO2 marketPlug eyes 20,000 fuel cell replacements as retailers refresh forkliftsUkrainian Strikes Disrupt 30% of Russia’s Oil Refining CapacityTurkey Wants COP31 to Focus on Electrification Instead of Fossil Fuel CutsChina’s Coal Buyers Resist Waiver Demands in New Indonesian DealsTribunal Hearings Begin in UK-Argentina Row Over Falklands Oil ProjectIran War Set to Drive A Drop in Global Fossil Fuel Emissions in 2026U.S. Military Coordinates With Saudi Oil Tankers on Risky Hormuz CrossingsChina Is Buying Oil Again After Months of Living Off Its StockpilesUganda hospitals left without oxygen as plants remain non-functionalThe challenge for reliable medical oxygenThe challenge for reliable medical oxygenLNG Traffic Through Hormuz Hits Highest Level Since Iran War BeganADNOC Gas Posts Stunning Profit Recovery as Energy Exports ReboundBrent Crude Falls Below $90 for First Time Since AugustThe reliability challenge in natural gas pretreatmentMoIT Strengthens Power Grid Modernization and Energy-Saving Measures for 2027–2028 In VietnamLNG traffic through Hormuz reaches highest level since conflict beganPhilippines’ First Capiz Battery Storage Project Begins Testing With 22.5 MW CapacitySrinivas Kumar, Managing Director and CEO of SunAP Ecopower, Recognised at SolarQuarter Power List 2026Battery And Renewable Energy Stocks Rally As Sensex Ends Higher Amid Mixed Sectoral Performance (10 November 2026)Avaada Group Showcases Vision of Powering India’s Clean Energy and Technology-Led Industrial Future at Bharat RE Summit 2026CPH2 targets overseas markets in revised recovery strategyAnaergia secures CAD $34m EPC contract for Hungarian biomethane plantUS Holds Off Strikes after Qatari MediationAGF Nitrogen plans ammonia upgrades amid European output cutsVideo | Can new CO2 sources meet growing demand?Brent Crashes 7% on Iran Peace Hopes Despite Fresh Saudi Pipeline AttackOil Prices Plunge Below $92 as Trump Signals Restraint on IranCircularity Fuels raises $7m for SAF demonstration plantOccidental lines up 2 mtpa CO2 for Permian Basin EORMurphy Oil Bets on Israeli Gas Near LeviathanSaudi Pipeline Attacked as OPEC Output Climbs to 90% of Pre-War LevelsMurphy Oil enters Eastern Mediterranean with six Zone G licenses offshore IsraelLargest remediation project at UK’s Harwell site completedUzbekistan plans to double uranium productionFourth Hualong One under construction at San’ao siteCOP31 Opens in Antalya With a UN Push for Faster Climate ActionEurope’s Power Prices Jump to 2022 High as Wind and Solar FalterNordic Power Prices Could Soar This Winter as Hydropower Reserves PlungeIraq’s Oil Sales to America Fall to Lowest Since the 2003 WarIEA Backs Electrification Efforts at COP31 Climate SummitIran Moves to Control Oil Terminals in China, Leak ShowsOil Sinks to $94 as Iran’s $8 Billion Hormuz Deal Heads to TrumpBrazil set to more than double biomethane capacity by 2028AWG builds Georgia presence with O2 Plus acquisitionQuantum commences helium stimulation programme in ColoradoDelorean reaches financial close on AUD $62.1m bioenergy facilityOil Prices Fall as Trump Signals No New Attacks on IranChina Cuts LNG Imports as Cheap Domestic Gas Undercuts Global PricesIraq Strikes U.S. Deal to Boost Oil Exports Through HormuzOil Experiences Sharpest Weekly Decline in MonthsAnalysis: AI-fuelled chip demand keeps gas majors bullish on electronicsVideo | Scaling CO2 refrigeration without compromising safetySaskatchewan raises CAD $4.9m in third helium public offeringWhite paper: Proven pumps and compressors for midstream applicationsIEA Sees 4,800 GW of New Renewables by 2031ONGC Moves to Take Over Venezuelan Oilfields, Recover $500 MillionOil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs SoarTrump Hints US Holding Back from Striking IranEstonia narrows search for nuclear power plant locationConcrete work completed for Akkuyu 4’s turbine unitASNR opens passive safety system testing facilityStrathcona to acquire Greenfire in $2.1-billion oil sands dealCanadian budget sets out nuclear investmentsCernavodă units returning to operation after three monthsEnergy Aspects Slashes Forecast of China’s November Diesel ExportsFGE NexantECA Sees Slim Chance of U.S.-Iran DealEurope’s Grid Spending Is Up 155% Since 2019ADNOC Expands LNG Empire With Major New India Supply DealIndia’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks PersistAsia’s Fuel Oil Market Signals Hopes of U.S.-Iran De-EscalationViridi raises £2.2m to turn captured CO2 into chemicalsColorado awards Vycarb $2.7m for carbon management techColorado awards Vycarb $2.7m for carbon management techColorado awards Vycarb $2.7m for carbon management techOil Market Arrives at ‘Remarkable Destination’The Global Oil Glut Returns as High Prices Crush DemandChina’s Carbon Emissions Plunge 3.1% as Oil Demand SlumpsPentagreen Capital and Candi Solar Sign US$50 Million Deal for 400 MW Solar and BESS Projects in IndiaZambia–Tanzania 2,300 km Power Interconnector Targeted For Commissioning By 2029ACWA Reports Stable Nine-Month Net Income With 98.2 GW Power Portfolio And 11.6 GWh Battery Storage
Wed. Nov 11th, 2026
Trending News: Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG DealSaudi Arabia and Turkey Sign Major 3 GW Wind Power DealSiemens Energy More Than Triples Dividend After Record YearPublic Support for UK Oil, Gas Higher than Ever, OEUK SaysPanoro Energy identifies helium at South African gas prospectGUVNL Floats 250 MW Wind Power Tender With 250 MW Greenshoe Option Under Phase XIIGreen gas platform targets €40bn investment in Spanish biomethaneMERC Approves INR 5.30/kWh Short-Term Power Tariff for Panvel SEZ Consumers In MaharashtraGreen Energy Stocks Witness Mixed Performance as Sensex Surges 1% Amid Selective Buying and Profit Booking (11 November 2026)API Shows Sharp Build in US Crude Oil, Distillate InventoriesOil Prices Rise as Iran Peace Optimism FadesOctopus Energy Launches $600 Million Asia Fund, Begins With 450 MW Solar And 350 MWh Storage Investment In PhilippinesVideo | Building a more resilient CO2 supply chainNew sealing material highlights industry’s response to growing PFAS scrutinyNew sealing material highlights industry’s response to growing PFAS scrutinyGlobal Energy And Climate Plans Face Growing Alignment Gap Towards 2050—IRENAGold Hydrogen claims helium-3 concentrations at Ramsay projectLNG shipment growth raises hopes of Qatar helium recoveryPodcast | “Woo-Woo” or the future? DAC and the merchant CO2 marketPlug eyes 20,000 fuel cell replacements as retailers refresh forkliftsUkrainian Strikes Disrupt 30% of Russia’s Oil Refining CapacityTurkey Wants COP31 to Focus on Electrification Instead of Fossil Fuel CutsChina’s Coal Buyers Resist Waiver Demands in New Indonesian DealsTribunal Hearings Begin in UK-Argentina Row Over Falklands Oil ProjectIran War Set to Drive A Drop in Global Fossil Fuel Emissions in 2026U.S. Military Coordinates With Saudi Oil Tankers on Risky Hormuz CrossingsChina Is Buying Oil Again After Months of Living Off Its StockpilesUganda hospitals left without oxygen as plants remain non-functionalThe challenge for reliable medical oxygenThe challenge for reliable medical oxygenLNG Traffic Through Hormuz Hits Highest Level Since Iran War BeganADNOC Gas Posts Stunning Profit Recovery as Energy Exports ReboundBrent Crude Falls Below $90 for First Time Since AugustThe reliability challenge in natural gas pretreatmentMoIT Strengthens Power Grid Modernization and Energy-Saving Measures for 2027–2028 In VietnamLNG traffic through Hormuz reaches highest level since conflict beganPhilippines’ First Capiz Battery Storage Project Begins Testing With 22.5 MW CapacitySrinivas Kumar, Managing Director and CEO of SunAP Ecopower, Recognised at SolarQuarter Power List 2026Battery And Renewable Energy Stocks Rally As Sensex Ends Higher Amid Mixed Sectoral Performance (10 November 2026)Avaada Group Showcases Vision of Powering India’s Clean Energy and Technology-Led Industrial Future at Bharat RE Summit 2026CPH2 targets overseas markets in revised recovery strategyAnaergia secures CAD $34m EPC contract for Hungarian biomethane plantUS Holds Off Strikes after Qatari MediationAGF Nitrogen plans ammonia upgrades amid European output cutsVideo | Can new CO2 sources meet growing demand?Brent Crashes 7% on Iran Peace Hopes Despite Fresh Saudi Pipeline AttackOil Prices Plunge Below $92 as Trump Signals Restraint on IranCircularity Fuels raises $7m for SAF demonstration plantOccidental lines up 2 mtpa CO2 for Permian Basin EORMurphy Oil Bets on Israeli Gas Near LeviathanSaudi Pipeline Attacked as OPEC Output Climbs to 90% of Pre-War LevelsMurphy Oil enters Eastern Mediterranean with six Zone G licenses offshore IsraelLargest remediation project at UK’s Harwell site completedUzbekistan plans to double uranium productionFourth Hualong One under construction at San’ao siteCOP31 Opens in Antalya With a UN Push for Faster Climate ActionEurope’s Power Prices Jump to 2022 High as Wind and Solar FalterNordic Power Prices Could Soar This Winter as Hydropower Reserves PlungeIraq’s Oil Sales to America Fall to Lowest Since the 2003 WarIEA Backs Electrification Efforts at COP31 Climate SummitIran Moves to Control Oil Terminals in China, Leak ShowsOil Sinks to $94 as Iran’s $8 Billion Hormuz Deal Heads to TrumpBrazil set to more than double biomethane capacity by 2028AWG builds Georgia presence with O2 Plus acquisitionQuantum commences helium stimulation programme in ColoradoDelorean reaches financial close on AUD $62.1m bioenergy facilityOil Prices Fall as Trump Signals No New Attacks on IranChina Cuts LNG Imports as Cheap Domestic Gas Undercuts Global PricesIraq Strikes U.S. Deal to Boost Oil Exports Through HormuzOil Experiences Sharpest Weekly Decline in MonthsAnalysis: AI-fuelled chip demand keeps gas majors bullish on electronicsVideo | Scaling CO2 refrigeration without compromising safetySaskatchewan raises CAD $4.9m in third helium public offeringWhite paper: Proven pumps and compressors for midstream applicationsIEA Sees 4,800 GW of New Renewables by 2031ONGC Moves to Take Over Venezuelan Oilfields, Recover $500 MillionOil Traders Want U.S. to Release Sanctioned Tankers as Freight Costs SoarTrump Hints US Holding Back from Striking IranEstonia narrows search for nuclear power plant locationConcrete work completed for Akkuyu 4’s turbine unitASNR opens passive safety system testing facilityStrathcona to acquire Greenfire in $2.1-billion oil sands dealCanadian budget sets out nuclear investmentsCernavodă units returning to operation after three monthsEnergy Aspects Slashes Forecast of China’s November Diesel ExportsFGE NexantECA Sees Slim Chance of U.S.-Iran DealEurope’s Grid Spending Is Up 155% Since 2019ADNOC Expands LNG Empire With Major New India Supply DealIndia’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks PersistAsia’s Fuel Oil Market Signals Hopes of U.S.-Iran De-EscalationViridi raises £2.2m to turn captured CO2 into chemicalsColorado awards Vycarb $2.7m for carbon management techColorado awards Vycarb $2.7m for carbon management techColorado awards Vycarb $2.7m for carbon management techOil Market Arrives at ‘Remarkable Destination’The Global Oil Glut Returns as High Prices Crush DemandChina’s Carbon Emissions Plunge 3.1% as Oil Demand SlumpsPentagreen Capital and Candi Solar Sign US$50 Million Deal for 400 MW Solar and BESS Projects in IndiaZambia–Tanzania 2,300 km Power Interconnector Targeted For Commissioning By 2029ACWA Reports Stable Nine-Month Net Income With 98.2 GW Power Portfolio And 11.6 GWh Battery Storage
Wed. Nov 11th, 2026

Saudi Arabia and Turkey Sign Major 3 GW Wind Power Deal

Saudi Arabia and Turkey have signed an agreement to advance 3 GW of wind power projects in Turkey as part of a broader 5 GW renewable energy program agreed earlier this year.

The program, led by Saudi Arabia’s ACWA Power, comprises 2 GW of solar projects in Sivas and Karaman in the first phase and 3 GW of wind projects in the second, Reuters reported, citing the Turkish energy ministry. The latest agreement advances the planned wind phase rather than expanding an existing wind installation.

The installed wind capacity to be built under the latest bilateral deal represents 20% of Turkey’s existing wind power generation capacity. “We are deepening our strategic energy cooperation with Saudi Arabia,” Turkish energy minister Alparslan Bayraktar said. The Turkish government has a low-carbon capacity target that would necessitate the annual installation of 10 GW in new capacity.

Saudi Arabia has major ambitions in alternative energy despite its status as a global oil power. Riyadh aims to generate around 50% of its electricity from renewable sources by 2030 and achieve net-zero emissions by 2060. The plans are part of the Vision 2030 program spearheaded by Crown Prince Mohammed bin Salman.

The solar phase of the same program was announced earlier this year, with Saudi Arabia committing approximately $2 billion to two installations in Sivas and Karaman with a combined capacity of 2 GW. The project should cover the electricity needs of some 2.1 million households once launched.

“We view these investments as one of the most important examples of direct foreign investment in our energy sector, and they will be financed entirely through external financing. Credit will also be provided by international financial institutions,” Energy Minister Bayraktar said at the time.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com

 

    • Related Posts

    Siemens Energy More Than Triples Dividend After Record Year
    Siemens Energy More Than Triples Dividend After Record Year

    Siemens Energy proposes to more than triple its dividend for the fiscal year 2026 ended on September 30 after booking record revenues and orders, driven by the grid and gas…

    Continue reading
    Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal
    Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal

    Polish state-owned energy firm Orlen has become the first long-term client of QatarEnergy to cancel an LNG supply contract with the Qatari company amid the continued force majeure on exports.…

    Continue reading

    Have You Seen?

    Oil & Gas

    Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal

    • November 11, 2026
    Poland’s Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal
    Oil & Gas

    Saudi Arabia and Turkey Sign Major 3 GW Wind Power Deal

    • November 11, 2026
    Saudi Arabia and Turkey Sign Major 3 GW Wind Power Deal
    Oil & Gas

    Siemens Energy More Than Triples Dividend After Record Year

    • November 11, 2026
    Siemens Energy More Than Triples Dividend After Record Year
    Oil & Gas

    Public Support for UK Oil, Gas Higher than Ever, OEUK Says

    • November 11, 2026
    Public Support for UK Oil, Gas Higher than Ever, OEUK Says
    Gas

    Panoro Energy identifies helium at South African gas prospect

    • November 11, 2026
    Panoro Energy identifies helium at South African gas prospect
    Renewables

    GUVNL Floats 250 MW Wind Power Tender With 250 MW Greenshoe Option Under Phase XII

    • November 11, 2026
    GUVNL Floats 250 MW Wind Power Tender With 250 MW Greenshoe Option Under Phase XII
    Gas

    Green gas platform targets €40bn investment in Spanish biomethane

    • November 11, 2026
    Green gas platform targets €40bn investment in Spanish biomethane
    Renewables

    MERC Approves INR 5.30/kWh Short-Term Power Tariff for Panvel SEZ Consumers In Maharashtra

    • November 11, 2026
    MERC Approves INR 5.30/kWh Short-Term Power Tariff for Panvel SEZ Consumers In Maharashtra
    Renewables

    Green Energy Stocks Witness Mixed Performance as Sensex Surges 1% Amid Selective Buying and Profit Booking (11 November 2026)

    • November 11, 2026
    Green Energy Stocks Witness Mixed Performance as Sensex Surges 1% Amid Selective Buying and Profit Booking (11 November 2026)
    Oil & Gas

    API Shows Sharp Build in US Crude Oil, Distillate Inventories

    • November 11, 2026
    API Shows Sharp Build in US Crude Oil, Distillate Inventories