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Iranian minister arrives in Baghdad to discuss energy supplies

- Iraq's electricity minister receives Abbas Aliabadi and his accompanying delegation at Baghdad International Airport, says Iraqi News Agency

13.01.2025 General

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

- Oil majors' net revenues drop to $182.1 billion in first nine months of the year, down from approx. $214.5 billion in 2023

11.12.2024 Refining/Petro Chemistry

Blinken, Iraqi prime minister discuss regional escalation, economy in New York

- During meeting, Blinken also emphasized need to reopen Iraq-Türkiye oil pipeline, according to State Department

24.09.2024 General

Türkiye's BOTAS, TotalEnergies sign 10-year LNG deal

- Agreement includes annual delivery of approximately 1.6 bcm of LNG to Türkiye across 16 cargoes for 10 years, starting in 2027

18.09.2024 Energy Diplomacy

ExxonMobil delivers second highest Q2 earnings of past decade

- Company's income increases almost 12.2% during the second quarter of 2024

03.08.2024 Oil

Türkiye resumes electricity exports to Iraq following 3-year pause

- Existing 400-kilovolt (kV) interconnection line will carry up to 300 megawatts of electricity to Iraq

22.07.2024 General

Marathon Oil shares jump 11% with $22.5 billion merger deal

- Mergers in US oil, natural gas industry heat up with Chevron-Hess, ExxonMobil-Pioneer deals

30.05.2024 Oil Finance

Türkiye’s BOTAS inks LNG trade deal with ExxonMobil in US

Deal diversifies Türkiye’s energy resources, says Turkish energy minister

09.05.2024 Natural Gas

ExxonMobil's income falls almost 3.2% in 1Q24

- Company’s revenue for January–March period reaches around $83 billion, compared to $86.6 billion for same quarter of 2023

26.04.2024 Oil

Iraq becomes shareholder of European Bank for Reconstruction and Development

- The country's membership was approved in October 2020 and process to become shareholder is now concluded

16.11.2023 Finance Middle East-Africa

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

- The company’s first lithium production is targeted for 2027

14.11.2023 Finance Electricity

Iraq to reach deal soon on resuming oil production from its Kurdish region: Minister

- Iraqi oil minister and KRG prime minister meet to discuss months-long suspension of oil exports

13.11.2023 Oil Middle East-Africa

Iraq plans purchase of natural gas from Turkmenistan

- Turkmenistan, ranking fourth globally with its vast natural gas reserves, will export natural gas to Iraq as part of swap deal

09.10.2023 Natural Gas

ExxonMobil says carbon emissions from energy will fall by 25% by 2050

- Lower-emission options, including renewable energy, biofuels, carbon capture and storage, hydrogen and nuclear will play important roles

29.08.2023 News from companies World

Turkish, Iraqi energy ministers to cooperate for reopening of Iraq-Türkiye pipeline

- Both ministers underline importance of resuming oil flow through pipeline as soon as possible

23.08.2023 Oil International Relations Türkiye Middle East-Africa

Iraq steps up efforts to find long-term solution for its chronic power outages

- To find long-term solution to power blackouts, Iraq signs oil-for-gas deal with Iran after its gas imports fell to 21 million cubic meters per day earlier in July

20.07.2023 Electricity Natural Gas Oil World Middle East-Africa

Iraq to exchange crude oil with Iran to settle power debt

- Deal comes after Tehran cuts gas flow to Baghdad as latter fails to pay debts due to US sanctions on Iran

12.07.2023 World Middle East-Africa

TotalEnergies, Iraq agree to develop $27B energy projects

- Project aims to boost country's electricity supply using flared gas from three oilfields in Iraq

10.07.2023 World Middle East-Africa

Russia remains India's leading crude oil supplier, surpassing Saudi Arabia and Iraq

- Russian oil constitutes nearly 42% of all crude oil imports into India in May, the largest share of any country in recent years

05.07.2023 Oil World

Iraq releases $10B of frozen Iranian funds for purchasing non-sanctioned goods: Official

- Iraq, which depends heavily on Iran for energy, had failed to clear its energy debts with its neighbor due to US sanctions

04.07.2023 General

Russia claims Ukraine conducted drone strike against Zaporizhzhia Nuclear Power Plant

Romania to lengthen lifespan of 1st nuclear reactor with $2 billion contract

Türkiye to initiate trial production at Akkuyu in 2025: Turkish energy min.

Meta seeks advice from nuclear power developers to help meet its AI goals

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

US LNG carrier set to arrive in Türkiye on Jan. 13

bp begins 1st flow from West African offshore LNG project

Türkiye's LPG production down 14.6% in October

Türkiye's LPG production down 27% in September 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

Scottish government approves £150 million offshore wind fund

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

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

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

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

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

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

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

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

Global mining needs $6 trillion over next decade, Saudi minister says

Türkiye's licensed power generation up 4.64% in October

Türkiye's daily power consumption up 14.7% on Dec. 23

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

Spot market electricity prices for Monday, Dec. 16

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

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

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

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

Highlights of global energy market in 2024

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions