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COP29 pushes for $1 trillion in climate financing for developing nations

- "Falling short on climate investment before 2030 risks compounding costs and intensifying the path to stability in later years," experts warn at COP29

14.11.2024 Finance

World faces critical need of $2T in annual climate financing

- Securing agreement on new climate financing target tops COP29 agenda, says OECD spokesperson

12.11.2024 Finance

Spot market natural gas prices for Saturday, Nov. 9

- 1,000 cubic meters of natural gas on spot market costs 12,091.08 Turkish liras

10.11.2024 Natural Gas Finance

Spot market electricity prices for Monday, Nov. 11

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.59 billion Turkish liras

10.11.2024 Electricity Coal

Türkiye's daily power consumption down 4% on Nov. 9

- Electricity exports amount to 18,073 megawatt-hours and imports total 57 megawatt-hours

10.11.2024 Electricity Coal

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

- "Türkiye has a really remarkably robust onshore wind supply chain," says principal renewable energy specialist at International Finance Corporation

07.11.2024 Wind

Türkiye's daily power consumption up 3.12% on Nov. 5

- Electricity exports amount to 15,969 megawatt-hours and imports total 1,181 megawatt-hours

06.11.2024 Electricity Finance

Melting glaciers drive Arctic sea traffic surge, reshaping global trade and environment

- Climate change transforms Arctic into critical trade corridor with 37% rise in maritime traffic

05.11.2024 Renewable

Low-income economies will struggle to fill climate finance gap: Moody's

- There will be estimated annual climate mitigation investment gap of nearly $2.4T by 2030, says report

02.11.2024 General

International Finance Corporation provides major investment package for Türkiye

- IFC's investments confirm Türkiye's position as 3rd largest country of activity of corporation

01.11.2024 Finance

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Türkiye's licensed power generation down 1.53% in August

- Installed electricity capacity rises by around 0.9% in August compared to same month in 2023

28.10.2024 Electricity

Spot market natural gas prices for Friday, Oct. 25

- 1,000 cubic meters of natural gas on spot market costs 11,875 Turkish liras

27.10.2024 Natural Gas Finance

Spot market electricity prices for Monday, Oct. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.50 billion Turkish liras

27.10.2024 Electricity Finance

Türkiye's daily power consumption down 4.65% on Oct. 26

- Electricity exports amount to 18,274 megawatt-hours and imports total 116 megawatt-hours

27.10.2024 Electricity Finance

Spot market natural gas prices for Tuesday, Oct. 22

- 1,000 cubic meters of natural gas on spot market costs 11,880.24 Turkish liras

23.10.2024 Natural Gas

Spot market electricity prices for Thursday, Oct. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.42 billion Turkish liras

23.10.2024 Electricity Finance

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

- Electricity exports amount to 14,911 megawatt-hours and imports total 409 megawatt-hours

23.10.2024 Electricity Finance Coal

Southeast Asia to drive 25% of global energy demand growth by 2035: IEA

- Clean energy technologies not expanding quickly enough and heavy reliance on fossil fuel imports is leaving countries highly exposed to future risks, says IEA chief

22.10.2024 General

Türkiye to quadruple renewable energy capacity by 2035 with $80B investment

- Ankara is set to launch 90,000 MW of new renewable capacity, new transmission grid, upgraded infrastructure, new investment of around $108 billion and reform process

21.10.2024 General

Spot market natural gas prices for Saturday, Oct. 19

- 1,000 cubic meters of natural gas on spot market costs 11,892.26 Turkish liras

20.10.2024 Natural Gas Finance

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

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

Spot market electricity prices for Monday, Nov. 11

Türkiye's daily power consumption down 4% on Nov. 9

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

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

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

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

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

Türkiye’s wind energy industry has potential to reach $8B in 2035

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

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

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

Energy giants pledge $500 million to tackle climate change

COP29 pushes for $1 trillion in climate financing for developing nations

European bank reveals Türkiye investment strategy for next 5 years

Turkish energy min. highlights importance of cooperation for renewable energy finance

World faces critical need of $2T in annual climate financing

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

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 daily power consumption down 1.8% on April 26

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