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EBRD, EU to mobilize up to €100M for critical raw materials investments

-Türkiye with its large rare earth element reserve in central province of Eskisehir is among countries to receive EBRD, EU funds

01.08.2024 General

EBRD grants $50M loan to Turkish mining company for energy efficiency

Türkiye's leading Eczacibasi Holding’s subsidiary, Esan mine to receive loan for its mine located in western Turkish province of Balikesir

23.05.2024 Finance Coal

EU needs to double grid investments: Eurelectric

- 'Distribution grid investments should increase from average of €33 billion to €67 billion per year from 2025 to 2050,' says European power industry association

22.05.2024 Electricity

LNG imports to EU hit record low in January, stored gas leads supply

- LNG deliveries to continent's gas network drops around 6% in January

02.02.2024 Finance Lng/Lpg

Italy's Snam to invest €11.5B for infrastructure upgrades and decarbonization by 2027

- Majority of investment at €7.4 billion will be for transportation upgrades

25.01.2024 General

Türkiye should take advantage of anticipated LNG surge in 2025: IEA chief

Türkiye's current infrastructure will allow more gas imports for re-export to Europe,’ says head of International Energy Agency

29.12.2023 Natural Gas Oil Lng/Lpg

EBRD to fund €150M in support of Ukraine's electricity provision

- Signing of loan contributes to €520 million total package already provided by EBRD since Russian-Ukrainian war last year

18.12.2023 Electricity Finance Invesments International Relations Energy Projects

Europe's gas reserves almost 97.9% full, far exceeding targets

- EU's goal is to reach 90% gas storage capacity by Nov. 1

16.10.2023 Natural Gas Europe

US government to provide $72 million for wind and water energy technologies

- Investment will support government's efforts to deploy 30 gigawatts of offshore wind energy by 2030 and achieve net zero carbon economy by 2050

22.09.2023 World Americas

US to provide $150 million to strengthen domestic critical mineral supply chains

- Country has invested up to $41 million in projects that support critical minerals exploration since 2021

07.09.2023 Finance Americas

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EU, EBRD unveil joint plan to fund €70M for decarbonizing Türkiye's maritime sector

- Plan aims to support Türkiye's net zero pledge by 2053 in line with Paris Climate Agreement, which was approved in October 2021

20.06.2023 Renewable Türkiye

EBRD makes green investment in Montenegro's largest food retail chain

- The funds will be used to purchase and install 4-megawatt solar panels

12.06.2023 Solar Invesments Europe

Solar power investment set to overtake oil production spending for first time

- With over $1 trillion expected to be spent on fossil fuels this year, sustainable energy investments, led by solar, are expected to reach $1.7 trillion

25.05.2023 Solar Invesments World

Asset managers invest over $400B in oil, gas despite climate commitments

- 25 members of Net Zero Asset Managers Initiative among largest shareholders of world's 15 biggest listed oil and gas companies

05.05.2023 Natural Gas Oil Europe

EU's proposed LNG, gas pipeline projects at odds with climate goals, report says

- Proposed LNG infrastructure could lead to potential increase of 950 million tons of CO2 emissions per year in EU

27.03.2023 World Europe

Energy infrastructure damaged in 7.4 magnitude earthquake: Energy Minister

- Outages expected to occur in cities affected by earthquake; Gaziantep, Hatay, Kilis and Kahramanmaras

06.02.2023 Electricity Natural Gas Türkiye

Japan sends 237 more generators to Ukraine

- Generators to secure energy sector devastated by Russian attacks, says Japanese Foreign Ministry

23.01.2023 Electricity Asia

EBRD likely to finance €1.5B in Türkiye this year, eyes more renewable projects

- Bank's fresh commitments in Turkey this year total €1.1 billion and are projected to rise as more projects come online over remainder of year, says bank official

03.11.2022 Finance

Sustainable investments grow despite challenges in global economy

- Investments in sustainable projects peak at $1.7 trillion last year from $33 billion level in 2012, EBRD director says

26.10.2022 Renewable Finance

Türkiye's Isbank gets $227M funding for green transformation, sustainability

- $127M to be directed to women-led businesses, renewable energy; $100M to be used to finance green mortgages

01.09.2022 Renewable Türkiye

Nuclear reactor in Japan shuts days after restart since 2011

Bulgaria signs contract with US company to boost its nuclear energy capacity

Iran submits protest note to IAEA over Israeli threats to nuclear sites

Japan's oldest nuclear reactor approved to operate beyond 50 years

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

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

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

Russian deputy energy minister held as probe into coal mine contracts expands

Türkiye's daily power consumption up 3.88% on Oct. 22

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

Spot market natural gas prices for Friday, Nov. 18

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

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

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

Western Balkans can leapfrog gas for solar, wind for energy transition: Report

Türkiye breaks record in daily electricity production from wind on June 29

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

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

International Finance Corporation provides major investment package for Türkiye

TotalEnergies' 3rd-quarter income drops sharply

Shell beats market expectations with $6 billion profit in 3Q24

Spot market natural gas prices for Friday, Oct. 25

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

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 to apply anti-dumping measures on solar panel imports from 5 countries

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