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Türkiye-US economic agenda to focus on trade, energy, defense cooperation

- Bilateral trade volume totals record $32.5B last year, with aim to reach $100B

22.01.2025 Energy Diplomacy

US to withdraw from Paris Climate Accord: Trump

- White House website confirmed withdrawal under 'President Trump's America First Priorities'

21.01.2025 General

China discovers large 'rare' earth deposit, contains key metals for high-tech industries development

- Deposit discovered in southwestern Yunnan province with potential resources of 1.15M tons

20.01.2025 General

Trump team calls for Maduro's removal amid Venezuela crisis

- Incoming US administration advocates regime change in Venezuela, citing Maduro's political repression

19.01.2025 Oil Energy Diplomacy

Massive fire at US' Northern California lithium battery facility continues to burn

- Evacuations end as crews let world's largest battery facility fire burn out

19.01.2025 Electricity

US crude oil inventories down by 0.5% for week ending Jan. 10

- Daily crude oil production decreases to around 13.93 million barrels per day

16.01.2025 Oil

US energy agency revises up crude oil price forecasts for 2025

- International benchmark Brent crude estimated to average $74.31 per barrel

15.01.2025 Oil

Russia requests urgent consultations with Serbia over US sanctions on Balkan state’s energy sector

- Russian foreign minister says Moscow expects to receive response from Serbia soon

14.01.2025 Energy Diplomacy

Russia accuses US of planning to destroy TurkStream gas pipeline

- Foreign minister claims Washington has plans aimed at damaging energy infrastructure delivering gas from Russia to Türkiye

14.01.2025 General

US imposes new sanctions on Russia’s esnergy sector, targets Rosatom officials

- Blinken says new sanctions 'will further constrain revenues from Russia’s energy resources', 'degrade' Putin's ability fund Ukraine war

12.01.2025 General

- Oil prices surged by nearly 3%, reaching their highest levels in three months, driven by supply concerns after the US administration intensified sanctions targeting Russia’s oil production and exports

10.01.2025 Oil

Oil down amid economic slowdown in China, weaker US demand outlook

- Lower-than-expected drop in US crude oil inventories suggest demand in world's largest oil consuming country weakened, influencing downward price movements

09.01.2025 Oil

Ontario premier suggests energy deal with US to stave off Trump's tariff, annexation threat

- Fortress Am-Can would benefit both countries: Doug Ford

09.01.2025 Energy Diplomacy

US crude oil inventories down by 0.2% for week ending Jan. 3

- Daily crude oil production decreases to around 14.01 million barrels per day

09.01.2025 Oil

Trump vows to revoke Biden offshore drilling ban

- 'Banning offshore drilling will not stand. I will reverse it immediately,' US president-elect says, 1 day after ban announced by outgoing leader

08.01.2025 General

Oil prices disappoint investors expecting a price hike in 2024

- Brent oil starts 2024 at elevated levels amid Middle East conflicts, ends year with a decline of around 3.6%, weighed down by mounting economic concerns

07.01.2025 Oil

UK-led reaction system activated to track threats to undersea infrastructure, monitor Russian shadow fleet

- Operation, activated last week, harnesses AI to assess data from range of sources, including Automatic Identification System (AIS) ships use to broadcast their position, to calculate risk posed by each vessel entering areas of interest

07.01.2025 General

Severe weather causes widespread disruption across UK, power outages hit thousands

- Outages leave many residents struggling to stay warm as cold snap persists in Wales, the Midlands, and northern England

07.01.2025 Electricity

US finalizing steps to delist Indian nuclear entities: Biden's top aide

- President Joe Biden's national security adviser Jake Sullivan meets Indian Primer Modi in New Delhi

07.01.2025 Energy Diplomacy

UK to lead AI-run Operation Nordic Warden to monitor Russian undersea threats

- Nordic Warden system, operated from standing joint force headquarters in Northwood, will monitor vessels entering critical areas of interest in real time

07.01.2025 Energy Diplomacy

Nuclear set to reach new record in 2025: IEA

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.

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

EBRD's investments in Türkiye reach record of €2.6 billion last year

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

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

Energy industry steps up global cybersecurity efforts amid growing threats

One out of every four countries sees energy supply shortages among "top 5 risks"

Highlights of global energy market in 2024