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EU redoubling efforts to boost bloc’s competitiveness

- ‘Days of relying on Chinese cheap labor, Russian cheap energy are over,’ says European Commission President Ursula von der Leyen on Competitiveness Compass plan

30.01.2025 General

EU vows to accelerate global transition to clean energy

- EU aiming for over 42% of its energy to come from renewables by 2030, up from 23% today, says European Commission president Ursula von der Leyen

23.01.2025 General

Central Asia turning to nuclear energy for independence, growth

- Kazakhstan, Uzbekistan, Kyrgyzstan embrace nuclear power for economic boost amid growing populations

04.10.2024 General

Fitch Ratings raises 2024 oil price forecast by $5

- Brent oil price forecast for 2024 is revised up to average $85 a barrel from $80 a barrel

12.12.2023 Oil Finance Stock Market

EU improves economic forecast due to lower energy prices

- Population expected to consume less as inflation exceeds rise in wages

15.05.2023 Electricity International Relations International Organization Europe

TotalEnergies finalizes $10 billion deal to invest in Iraq's energy sector

- Long-delayed Gas Growth Integrated Project (GGIP) involves investments in gas facilities, seawater treatment and distribution system

05.04.2023 News from companies World

3 QUESTIONS - Can Saudi Arabia’s economic growth be sustained?

- Saudi Arabia achieved a significant 8.7% growth in its gross domestic product in 2022, the highest growth rate among all G20 countries

27.03.2023 Oil Middle East-Africa

US energy agency slightly revises up oil price forecast for 2023

- International benchmark Brent crude estimated to average $83.63 per barrel this year

09.02.2023 Oil Americas

EU's electricity market reform aims to better shield consumers from price volatility

- Reform needed to better shield households, businesses from high energy prices and to increase resilience

24.01.2023 World Europe

Eurozone manufacturing PMI slightly up in December

- Eurozone manufacturing output down last month, marking 7th successive month of contraction

02.01.2023 Europe

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EU opens the door to funding hydrogen corridor between France, Spain, Portugal

- ‘Iberian Peninsula is set to become one of Europe’s major energy hubs,’ said von der Leyen

09.12.2022 Projects Energy Diplomacy Europe

US energy agency revises down oil price forecast for 2023

- International benchmark Brent crude now estimated to average $101.48 per barrel in 2022 and $92.36 per barrel in 2023

07.12.2022 Oil Americas

Supply concerns, lower costs drive unprecedented renewables growth

- Supply security and economics are now more important than climate change in driving extraordinary renewables growth over next five years: IEA Chief

06.12.2022 Renewable Türkiye

EU leaders to discuss energy crisis at upcoming summit

- ‘The focal point of our agenda is the energy crisis,’ says European Council president in his invitation to leaders

19.10.2022 World Europe

Euro area sees 2nd largest trade gap in July on energy

- Goods trade deficit in single currency zone rises to $34B in July

15.09.2022 World Europe

EU Commission proposes mandatory 5% cut in energy consumption during peak hours

- Bloc aims to further cut dependence on Russian gas imports

14.09.2022 Electricity Europe

Russian president uses energy as weapon by cutting supply: EU Commission chief

- 'He will fail,' says Ursula von der Leyen, adding that commission is preparing proposals to help households, businesses

05.09.2022 World Europe Eurasia

Euro area producer prices rise 36.3% in May

- Energy prices nearly double year-on-year in May both in euro area, EU

04.07.2022 Finance World

Fitch cuts 2022 growth forecast for global economy, with biggest revision to China

- Global ratings agency now expects China’s growth to fall to 3.7% this year, down from 4.8% in March

14.06.2022 General

EU leaders agree to exempt Hungary from Russian oil embargo

- Leaders approve excluding Russia’s Sberbank from SWIFT system, granting $9.6 billion in credit to Ukraine

31.05.2022 Oil Europe Eurasia

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