Turcas Petrol AS 2016 Annual Report with Sustainability Disclosures
Company: Turcas Petrol AS
Sector: Energy utilities
Country: Turkey
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 144
The report says the company returned to profitability in 2016, driven by its fuel-distribution business. It increased its stake in the Kuyucak geothermal subsidiary to 92% and reported successful drilling and financing progress on the project. The company also made sustainable development a strategic priority and stated a commitment to intensify its climate-change efforts.
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