British company's record earnings is more than double from a year earlier, intensifying pressure on governments to further raise taxes on the sector as consumers struggle to afford fuel.
Minister of Energy and Natural Resources Fatih Donmez says agreement will be valid for 10 years and can be extended if the conditions are favourable.
Gold prices also have beaten higher before US inflation data that could affect Fed's policy.
The Cologne-based German Economic Institute says businesses expect production disruptions despite the cooling of gas prices affected by the conflict between Russia and Ukraine.
Energy minister Fatih Dönmez said the share of renewables to be increased in the energy mix and dependency on imports to be reduced.
Federal Court rejects an appeal by Santos gas company to resume drilling on its $3.6 billion gas drilling project in the Timor Sea off the country's northern coast.
The price cap plan – which the European Commission was never keen on – sets a maximum threshold of 275 euros per megawatt hour.
Germany’s biggest gas importer says $8.25 billion committed by the government under a planned nationalisation to stave off the firm's collapse is not enough.
The state-owned energy company will supply four million tonnes of liquefied natural gas annually from its new North Field East project to the China Petroleum and Chemical Corporation.
The costs are estimated at about $6.75 billion, the Economy Ministry said as the earlier estimate was around $3.1 billion.
Sweden and Denmark claim explosions caused holes in the Nord Stream 1 and 2 pipelines, which link Russia and Germany via the Baltic Sea and have become a flashpoint in the Ukraine crisis.
A study says that emissions from proposed and approved gas projects endanger the Paris Agreement goals as western countries seek to stave off the energy crisis.
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