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US energy agency increases crude oil price forecasts for 2024, 2025

- EIA estimates international benchmark Brent crude to average $80.95 per barrel in 2024 and $77 in 2025

14.11.2024 Oil

Spot market natural gas prices for Wednesday, Nov. 13

- 1,000 cubic meters of natural gas on spot market costs 12,001.98 Turkish liras

14.11.2024 Natural Gas

Spot market electricity prices for Friday, Nov. 15

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.61 billion Turkish liras

14.11.2024 Electricity

Oil fall ahead of Powell's Economic Outlook Speech

- Oil prices down ahead of Powell's speech, with inflation concerns offset by a drop in US crude stocks

14.11.2024 Oil

Türkiye's daily power consumption down 0.4% on Nov. 13

- Electricity exports amount to 16,940 megawatt-hours and imports total 865 megawatt-hours

14.11.2024 Electricity

US set to triple nuclear power goal by 2050

- US plans to triple its nuclear power capacity to strengthen energy security, accelerate economic growth and increase global competitiveness

13.11.2024 Nuclear

European gas prices hit year's highest rate

- Natural gas prices surged to €44.32 per megawatt-hour at the opening session of Nov. 12

13.11.2024 Natural Gas

Oil prices fall with demand concerns over China's insufficient stimulus plan

- Experts say China's latest stimulus plan falls short in meeting investor expectations, while market players question how new stimulus package will affect oil prices

12.11.2024 Oil

Saudi oil giant Aramco's net income drops 15.3% in 3Q24

- Decline linked to reduced crude oil prices and softer refining margins

05.11.2024 Oil

Spot market electricity prices for Sunday, Nov. 3

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 963 million Turkish liras

02.11.2024 Electricity

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Spot market natural gas prices for Friday, Nov. 1

- 1,000 cubic meters of natural gas on spot market costs 12,425.82 Turkish liras

02.11.2024 Natural Gas

US oil rig count remains unchanged for week ending Nov. 1

- Number of US oil rigs fall by 33 compared to one year ago

02.11.2024 Oil

Türkiye's daily power consumption down 1.2% on Nov. 1

- Electricity exports amount to 13,799 megawatt-hours and imports total 935 megawatt-hours

02.11.2024 Electricity

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

- Fund will contribute to Türkiye's renewable energy grid expansion and boost battery storage, advancing country's green goals

01.11.2024 Finance Renewable

US to build world's first lithium-sulfur battery gigafactory

- Lyten's Nevada gigafactory will produce up to 10 gigawatts of lithium-sulfur batteries annually

16.10.2024 General

Spot market natural gas prices for Monday, Oct. 14

- 1,000 cubic meters of natural gas on spot market costs 11,984 Turkish liras

15.10.2024 Natural Gas

Spot market electricity prices for Wednesday, Oct. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.42 billion Turkish liras

15.10.2024 Electricity

Google inks nuclear power deal with Kairos Power

- Deal aims to produce up to 500 megawatts of carbon-free nuclear energy, accelerating clean tech innovations and AI advancements

15.10.2024 Nuclear

Türkiye's daily power consumption up 14.7% on Oct. 14

- Electricity exports amount to 15,712 megawatt-hours and imports total 1,926 megawatt-hours

15.10.2024 Electricity

Europe risks losing ground to China in net-zero industrial race: Report

- China's rapid rise in clean tech dominance poses significant challenge to Europe’s ambition to lead global net-zero industry transition

14.10.2024 General

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Spot market electricity prices for Monday, Oct. 14

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.55 billion Turkish liras

13.10.2024 Electricity

Spot market natural gas prices for Saturday, Oct. 12

- 1,000 cubic meters of natural gas on spot market costs 11,920 Turkish liras

13.10.2024 Natural Gas

Türkiye's daily power consumption down 5.5% on Oct. 12

- Electricity exports amount to 15,094 megawatt-hours and imports total 3,168 megawatt-hours

13.10.2024 Electricity

Rio Tinto acquires Arcadium Lithium for $6.7 billion

- Acquisition deal aims to strengthen company's position in lithium market for electric vehicles and renewable energy

09.10.2024 General

Türkiye's daily power consumption down 4.6% on Oct. 5

- Electricity exports amount to 15,863 megawatt-hours and imports total 528 megawatt-hours

06.10.2024 Electricity

Spot market natural gas prices for Friday, Sept. 27

- 1,000 cubic meters of natural gas on spot market costs 11,922.91 Turkish liras

28.09.2024 Natural Gas

Spot market electricity prices for Sunday, Sept. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.28 billion Turkish liras

28.09.2024 Electricity

Türkiye's daily power consumption up 0.2% on Sept. 27

- Electricity exports amount to 13,004 megawatt-hours and imports total 5,426 megawatt-hours

28.09.2024 Electricity

US oil rig count down by 4 for week ending Sept. 27

- Number of US oil rigs fall by 18 compared to one year ago

28.09.2024 Oil

Türkiye's daily power consumption up 3.1% on Sept. 24

- Electricity exports amount to 15,586 megawatt-hours and imports total 655 megawatt-hours

25.09.2024 Electricity

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Spot market electricity prices for Monday, Sept. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.60 billion Turkish liras

15.09.2024 Electricity

Spot market natural gas prices for Saturday, Sept. 14

- 1,000 cubic meters of natural gas on spot market costs 12,100.22 Turkish liras

15.09.2024 Natural Gas

Türkiye's daily power consumption down 5.2% on Sept. 14

- Electricity exports amount to 15,431 megawatt-hours and imports total 19,706 megawatt-hours

15.09.2024 Electricity

Spot market natural gas prices for Sunday, Sept. 8

- 1,000 cubic meters of natural gas on spot market costs 12,340.04 Turkish liras

09.09.2024 Natural Gas

Spot market electricity prices for Tuesday, Sept. 10

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.78 billion Turkish liras

09.09.2024 Electricity

Türkiye's daily power consumption down 10.9% on Sept. 8

- Electricity exports amount to 17,557 megawatt-hours and imports total 20,304 megawatt-hours

09.09.2024 Electricity

Spot market natural gas prices for Friday, Sept. 6

- 1,000 cubic meters of natural gas on spot market costs 12,310.93 Turkish liras

07.09.2024 Natural Gas

Spot market electricity prices for Sunday, Sept. 8

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.03 billion Turkish liras

07.09.2024 Electricity

Türkiye's daily power consumption down 0.8% on Sept. 6

- Electricity exports amount to 15,481 megawatt-hours and imports total 17,225 megawatt-hours

07.09.2024 Electricity

US oil rig count remains unchanged for week ending Sept. 6

- Number of US oil rigs fall by 30 compared to one year ago

07.09.2024 Oil

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Spot market natural gas prices for Wednesday, Sept. 4

- 1,000 cubic meters of natural gas on spot market costs 12,412.19 Turkish liras

05.09.2024 Natural Gas

Spot market electricity prices for Friday, Sept. 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.77 billion Turkish liras

05.09.2024 Electricity

Türkiye's daily power consumption up 1.1% on Sept. 4

- Electricity exports amount to 15,449 megawatt-hours and imports total 16,890 megawatt-hours

05.09.2024 Electricity

Spot market natural gas prices for Monday, Sept. 2

- 1,000 cubic meters of natural gas on spot market costs 12,365.58 Turkish liras

03.09.2024 Natural Gas

Spot market electricity prices for Wednesday, Sept. 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.65 billion Turkish liras

03.09.2024 Electricity

Spot market natural gas prices for Sunday, Sept. 1

- 1,000 cubic meters of natural gas on spot market costs 12,044.85 Turkish liras

02.09.2024 Natural Gas

Spot market electricity prices for Tuesday, Sept. 3

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.79 billion Turkish liras

02.09.2024 Electricity

Türkiye's daily power consumption down 8% on Sept. 1

- Electricity exports amount to 16,332 megawatt-hours and imports total 18,832 megawatt-hours

02.09.2024 Electricity

Spot market natural gas prices for Tuesday, Aug. 27

- 1,000 cubic meters of natural gas on spot market costs 11,753.49 Turkish liras

28.08.2024 Natural Gas

Spot market electricity prices for Thursday, Aug. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.87 billion Turkish liras

28.08.2024 Electricity

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Türkiye's daily power consumption up 1.4% on Aug. 27

- Electricity exports amount to 14,703 megawatt-hours and imports total 12,800 megawatt-hours

28.08.2024 Electricity

Spot market natural gas prices for Sunday, Aug. 25

- 1,000 cubic meters of natural gas on spot market costs 11,775.25 Turkish liras

26.08.2024 Natural Gas

Spot market electricity prices for Tuesday, Aug. 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.86 billion Turkish liras

26.08.2024 Electricity

Türkiye's daily power consumption down 11.1% on Aug. 25

- Electricity exports amount to 12,599 megawatt-hours and imports total 17,521 megawatt-hours

26.08.2024 Electricity

EU hits 90% gas storage capacity 10 weeks early

- EU reaches target well ahead of the November 1st deadline for second year in a row

21.08.2024 Natural Gas

Spot market natural gas prices for Monday, Aug. 19

- 1,000 cubic meters of natural gas on spot market costs 11,705.31 Turkish liras

20.08.2024 Natural Gas

Spot market electricity prices for Wednesday, Aug. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 2.11 billion Turkish liras

20.08.2024 Electricity

Türkiye's daily power consumption up 15.4% on Aug. 19

- Electricity exports amount to 14,383 megawatt-hours and imports total 15,983 megawatt-hours

20.08.2024 Electricity

Spot market electricity prices for Sunday, Aug. 11

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.12 billion Turkish liras

10.08.2024 Electricity

Spot market natural gas prices for Friday, Aug. 9

- 1,000 cubic meters of natural gas on spot market costs 11,730.02 Turkish liras

10.08.2024 Natural Gas

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Algerian LNG vessel to arrive in Türkiye on August 12

- Vessel is sailing under Bahamian flag

10.08.2024 Lng/Lpg

Türkiye's daily power consumption down 0.3% on Aug. 9

- Electricity exports amount to 13,103 megawatt-hours and imports total 12,862 megawatt-hours

10.08.2024 Electricity

US oil rig count up by 3 for week ending Aug. 9

- Number of US oil rigs fall by 40 compared to one year ago

10.08.2024 Oil

Spot market natural gas prices for Thursday, Aug. 8

- 1,000 cubic meters of natural gas on spot market costs 11,510.21 Turkish liras

09.08.2024 Natural Gas

Spot market electricity prices for Saturday, Aug. 10

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.69 billion Turkish liras

09.08.2024 Electricity

UK bank provides €249 million to support Turkish Kalyon Enerji's solar project

- Project is expected to produce renewable energy to supply 65,000 households in Türkiye annually

08.08.2024 Solar Energy Projects

Gas prices in Europe decline 4% amid sell-off in financial markets

- Natural gas prices down to €34.1 on TTF, the Netherlands-based virtual natural gas trading venue

05.08.2024 Natural Gas

Spot market natural gas prices for Saturday, Aug. 3

- 1,000 cubic meters of natural gas on spot market costs 11,425.08 Turkish liras

04.08.2024 General

Spot market electricity prices for Monday, Aug. 5

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.79 billion Turkish liras

04.08.2024 Electricity

Türkiye's daily power consumption down 4.6% on August 3

- Electricity exports amount to 13,517 megawatt-hours and imports total 2,873 megawatt-hours

04.08.2024 Electricity

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Gas prices in Europe up as Middle East tensions escalates

- Natural gas prices surge to €35.9 per megawatt-hour on Wednesday, hitting highest level in 5 weeks

31.07.2024 Natural Gas

Türkiye's LPG production down 11.7% in May 2024

- LPG imports fall by 2.7% and exports rise by 148.7% in May

30.07.2024 Lng/Lpg

Spot market natural gas prices for Friday, July 26

- 1,000 cubic meters of natural gas on spot market costs 10,392.27 Turkish liras

27.07.2024 Natural Gas

Spot market electricity prices for Sunday, July 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.24 billion Turkish liras

27.07.2024 Electricity

Türkiye's daily power consumption down 4.2% on July 26

- Electricity exports amount to 13,176 megawatt-hours and imports total 5,554 megawatt-hours

27.07.2024 Electricity

US oil rig count up by 5 for week ending July 26

- Number of US oil rigs fall by 47 compared to one year ago

27.07.2024 Oil

Spot market natural gas prices for Thursday, July 25

- 1,000 cubic meters of natural gas on spot market costs 10,379.05 Turkish liras

26.07.2024 Natural Gas

Spot market electricity prices for Saturday, July 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.55 billion Turkish liras

26.07.2024 Electricity

Spot market electricity prices for Monday, July 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 2.01 billion Turkish liras

21.07.2024 Electricity

Spot market natural gas prices for Saturday, July 20

- 1,000 cubic meters of natural gas on spot market costs 10,428.97 Turkish liras

21.07.2024 Natural Gas

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Türkiye's daily power consumption down 4.7% on July 20

- Electricity exports amount to 6,011 megawatt-hours and imports total 6,522 megawatt-hours

21.07.2024 Electricity

Spot market natural gas prices for Thursday, July 11

- 1,000 cubic meters of natural gas on spot market costs 10,473.85 Turkish liras

12.07.2024 Natural Gas

Spot market electricity prices for Saturday, July 13

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.67 billion Turkish liras

12.07.2024 Electricity

Türkiye's daily power consumption down 1.3% on July 11

- Electricity exports amount to 6,475 megawatt-hours and imports total 2,733 megawatt-hours

12.07.2024 Electricity

Spot market natural gas prices for Wednesday, July 3

1,000 cubic meters of natural gas on spot market costs 10,661.61 Turkish liras

04.07.2024 Natural Gas

Spot market natural gas prices for Tuesday, July 2

- 1,000 cubic meters of natural gas on spot market costs 10,857.88 Turkish liras

03.07.2024 Natural Gas

Türkiye's licensed power generation down 1.4% in April 2024

Installed electricity capacity rises by around 0.9% in April in 2024 compared to same month in 2023

28.06.2024 Electricity

Spot market electricity prices for Saturday, June 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.26 billion Turkish liras

28.06.2024 Electricity

Spot market natural gas prices for Thursday, June 27

- 1,000 cubic meters of natural gas on spot market costs 10,499.54 Turkish liras

28.06.2024 Natural Gas

Oil up over increasing supply concerns due to ongoing conflicts in Middle East

- Ongoing conflicts in Israel, Ukraine fuel concerns in oil market, driving prices up amid fears of supply disruptions

28.06.2024 Oil

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Spot market natural gas prices for Friday, June 21

- 1,000 cubic meters of natural gas on spot market costs 10,623 Turkish liras

22.06.2024 Natural Gas

Spot market electricity prices for Sunday, June 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.16 billion Turkish liras

22.06.2024 Electricity

Türkiye's daily power consumption up 4.7% on June 21

- Electricity exports amount to 10,805 megawatt-hours and imports total 15,635 megawatt-hours

22.06.2024 Electricity

US oil rig count down by 3 for week ending June 21

- Number of US oil rigs fall by 61 compared to one year ago

22.06.2024 Oil

Spot market natural gas prices for Thursday, June 6

- 1,000 cubic meters of natural gas on spot market costs 10,645 Turkish liras

07.06.2024 Natural Gas

Spot market electricity prices for Saturday, June 8

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.53 billion Turkish liras

07.06.2024 Electricity

Türkiye's daily power consumption up 1% on June 6

- Electricity exports amount to 6,385 megawatt-hours and imports total 14,018 megawatt-hours

07.06.2024 Electricity

Natural gas supply deal between Azerbaijan and Türkiye extended up to 2030

- Turkish Petroleum Pipeline Corporation (BOTAS), SOCAR and Azerbaijan Gas Supply Company (AGSC) agree natural gas supply deal

04.06.2024 Energy Diplomacy

'Trade dispute' between US and China could lead to changes in global energy trade

- Escalating trade conflict raises global cost of energy transformation, says expert

03.06.2024 Renewable Energy Diplomacy General

Spot market electricity prices for Sunday, June 2

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 935.86 million Turkish liras

01.06.2024 Electricity

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Spot market electricity prices for Saturday, April 15

Spot market electricity prices for Monday, Nov. 11

Türkiye's daily power consumption down 4% on Nov. 9

Türkiye's daily power consumption down 5.36% on Nov. 2

Türkiye's daily power consumption up 12.8% on Oct. 30

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Spot market natural gas prices for Friday, Dec. 29

Türkiye to increase capacity of gas storage facility in Istanbul to 5.6 bcm, says energy minister

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

Türkiye's LPG production down 14.2% in August

Algerian LNG vessel to arrive in Türkiye on Oct 19

Algerian LNG vessel to arrive in Türkiye on Oct. 10

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

US oil rig count up for week ending Dec. 8

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

Oil rebounds over US plans to refill emergency stockpiles

US crude oil inventories down 1% for week ending Dec. 1

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Oil prices rise in week ending Aug.30 amid falling US inventories

US oil rig count down by 2 for week ending Aug 16

Türkiye's oil imports up 11.08% in February 2024

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

Türkiye’s wind energy industry has potential to reach $8B in 2035

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

UK bank provides €249 million to support Turkish Kalyon Enerji's solar project

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Hydro provides majority of Norway's power in January

$41bn to be invested in green hydrogen and renewable energy in Egypt over 10 years

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Türkiye requires new investments for development of geothermal sector

Energy giants pledge $500 million to tackle climate change

COP29 pushes for $1 trillion in climate financing for developing nations

European bank reveals Türkiye investment strategy for next 5 years

Turkish energy min. highlights importance of cooperation for renewable energy finance

World faces critical need of $2T in annual climate financing

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President