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China, Russia, Iran urge end to ‘illegal unilateral sanctions, threats of force’ over Tehran nuclear issue

- Beijing calls for diplomacy over escalation, with all 3 nations urging looking at 'root causes' of Iranian nuclear issue

09:40 Energy Diplomacy

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $74.22 per barrel

12.03.2025 Oil

US sanctions on Russia and Iran drive oil prices up amid trade policy uncertainty

- Tightened US sanctions on Russia and Iran fuel oil price concerns, while trade policy shifts add uncertainty to global markets

07.03.2025 Oil

US crude oil inventories up by 0.8% for week ending Feb. 28

- Daily crude oil production reaches roughly 13.51 million barrels per day

06.03.2025 Oil

Oil prices drop as OPEC+ production boost nears, US trade tensions persist

- Rising supply from OPEC+ and escalating US trade tensions are driving oil prices downward

05.03.2025 Oil

Europe spends more on Russian oil, gas than on defending Ukraine: Trump

- US president paused military aid to Ukraine after his Oval Office clash with Ukrainian counterpart

04.03.2025 Natural Gas Oil Energy Diplomacy

Türkiye's natural gas imports up 21.5% in December 2024

- Russia, Azerbaijan, and Iran are Türkiye's largest gas suppliers, providing 2.83 bcm, 1.37 bcm, and 552.17 mcm, respectively

01.03.2025 Natural Gas

US oil rig count down by 2 for week ending Feb. 28

- Number of US oil rigs down by 20 compared to one year ago

01.03.2025 Oil

Trump's mineral demands from Ukraine: What are the rare earths that Trump wants so badly?

- Trump and Zelenskyy set to meet in Washington on Friday to discuss potential rare earth materials deal

27.02.2025 Energy Diplomacy

Serbia announces 30-day postponement of US sanctions on its oil sector

- 'We have 30 more days for NIS. This is good news for the people of Serbia,' says president

27.02.2025 Energy Diplomacy

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Türkiye's energy import bill down 2% in January

- At $6.38 billion, energy accounts for 22.2% of overall import figures in Türkiye in January

27.02.2025 analysis General

US crude oil inventories down by 0.5% for week ending Feb. 21

- Daily crude oil production reaches 13.5 million barrels per day

27.02.2025 Oil

US reversing concessions to Venezuela on oil transaction deal: Trump

- Trump says he ordered agreement 'terminated as of March 1st option to renew'

27.02.2025 Oil Energy Diplomacy

Germany’s next government to face tough economic and reform challenges

- Key issues include infrastructure, digitalization, defense spending, energy transition, and soaring rents

26.02.2025 General

Rubio, Iraqi prime minister agree to reopen Iraq-Türkiye pipeline: State Department

- ‘The two agreed on the need for Iraq to become energy independent,’ says US readout

26.02.2025 General

Oil prices fail to break five-week downward trend

- Brent crude drops nearly 3% on Friday, marking sharpest decline since October 2024

22.02.2025 Oil

Trump to announce range of tariffs ‘over the next month or sooner'

- Tariffs to be imposed on cars, semiconductors, chips, pharmaceuticals and drugs, says US president

20.02.2025 General

Lavrov says Russia, US agree to resolve diplomatic mission issues

- US will soon announce its representative for discussions on Ukraine conflict, after which Russia will do same, says top Russian diplomat

19.02.2025 General

China set to surpass 100 GW battery storage in 2025 amid rising demand

- Storage systems save excess energy to balance supply and demand, provide backup power during outages, and reduce grid load during peak demand periods

18.02.2025 Electricity General

US, Japan, South Korea vow to bolster trilateral alliance

- Countries emphasize 'unshakable' alliance, shared commitment to maintaining stability in Asia-Pacific

16.02.2025 Finance Energy Diplomacy

Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

Heads of Russian, UN nuclear watchdogs start meeting in Moscow

Hungary inks deal with UK to develop small modular nuclear reactors

Iran warns US, Israel of forceful response if its nuclear sites targeted

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

Highlights of Türkiye's energy market in 2024

Global coal demand peaks in 2024, to plateau until 2027: IEA

Türkiye to begin 1st gold production in Niger in 2025

Spot market electricity prices for Monday, Nov. 11

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

Türkiye's natural gas imports up 17.7% in October

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

Utilisation of EU LNG terminal plunges to 42% in 2024

Europe LNG imports hit 3-year low in 2024: Report

Surge in global LNG demand boosts LNG carrier orders in 2024

Türkiye's LPG production up 12.3% in November 2024

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 giants' profits slide 15.1% to $182.1 billion in January-September

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 ranks 3rd in Europe for onshore wind energy capacity increase

Europe's wind energy capacity increases by 16.4 GW in 2024

Türkiye to install 1 GW wind energy capacity in 2025

Ibrahim Erden re-elected as head of Turkish Wind Energy Association

Türkiye's installed solar power capacity exceeds 20,000 MW

Türkiye awards six contracts for 800 MW solar projects

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

China set to build world's largest dam in Tibet

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

Highlights of Türkiye's energy market in 2024

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

Spot market electricity prices for Sunday, March 16

US oil rig count up by 1 for week ending March 14

Türkiye's daily power consumption up 0.03% on March 12

Syria, Saudi energy company discuss cooperation in agricultural sector

OPEC daily crude output up 0.6% in February

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

Türkiye's renewable share in electricity capacity rises to 60%

Global leaders of energy sector to convene at İstanbul Energy Forum

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

Türkiye's LPG production down 4.3% in December 2024

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

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1

Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts