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Türkiye's homegrown TP1500 onshore drilling rig is set for export

- Petrotek chairman says they are considering producing different rig versions to meet specific needs of Gulf countries, Turkic republics and African nations

05.11.2024 Oil

Greece, Greek Cypriot administration sign pact to connect energy grids

- Project would promote Greece’s goal of becoming clean energy transport corridor, says joint statement

24.09.2024 General

Türkiye’s ship starts drilling at Goktepe-2 well in Black Sea region

Türkiye will simultaneously ramp up production and continue exploration in new fields, says Turkish energy minister

23.05.2024 General

Oil and gas producers eye quadruple investments despite climate commitments

At least 20 new oil and gas fields received go-ahead in 2023, according to Global Energy Monitor’s latest report

28.03.2024 Natural Gas Oil

Türkiye's Fatih drilling vessel starts operations in Filyos-1 well in Black Sea

- Turkish Petroleum Corporation posts on X social media platform of latest drilling operations in Filyos-1 well in Black Sea

29.09.2023 Natural Gas Türkiye

TRNC slams Greek Cypriot administration over preparations for drilling in East Med

- Greek Cypriot side issues NAVTEX to carry out activities in parcel no. 12 of 'exclusive economic zone' it declared unilaterally

27.04.2023 World Europe Middle East-Africa

Uganda unveils 1st oil production drilling rig in East Africa

- Kingfisher oil drilling rig launched at ceremony attended by President Museveni

25.01.2023 Oil Upstream Refining/Petro Chemistry

Northern Cyprus proposes cooperation with Greek Cypriots on hydrocarbon, renewables

- President Tatar makes proposals to be conveyed to Greek Cypriot leader Anastasiades through UN secretary general

02.07.2022 International Relations

Türkiye-Israel energy dialogue: What are future prospects for gas deal?

- Harnessing new momentum in relations, two countries discuss possibility of carrying Israeli gas to Europe via Türkiye after almost 7 years

03.06.2022 Natural Gas Energy Diplomacy Türkiye Europe Middle East-Africa

Northern Cyprus condemns Greek Cypriot administration’s drilling activities

- Greek Cypriot side violates rights of Turkish Cypriots for natural resources on island with unilateral activities, ministry says

25.05.2022 Natural Gas Finance

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Turkiye's fourth drilling ship to arrive at Tasucu Port in Mersin on May 19

- After two-month stint in Mersin, the ship will be put to work in Eastern Mediterranean Sea

16.05.2022 Natural Gas Oil Renewable Türkiye

East Med. gas could substitute only 20% of EU's Russian gas imports

- Egypt is only country that exports gas in E. Med. currently, at about 10 billion cubic meters last year via its two LNG facilities

02.05.2022 Natural Gas International Relations Europe Eurasia Middle East-Africa

Turkiye offers best option for East Med gas transit to Europe: former ambassador

- With gas supply concerns from Russia-Ukraine war, long-discussed pipeline option between East Med and Turkiye resurfaces, experts say

10.03.2022 Natural Gas Energy Diplomacy Türkiye Europe Middle East-Africa

Turkey purchases fourth drill ship: Energy Minister

- Fourth drill ship with seventh generation advanced technology has maximum operating depth of 3,600 meters

17.11.2021 Natural Gas Türkiye General

Delek sells Israeli gas field stake to UAE's Mubadala for $1B

- Tamar field, discovered in 2009, is one of Israel's primary energy sources

03.09.2021 Natural Gas Middle East-Africa

Oil leak from Syria may pass by Northern Cyprus: Official

- Massive oil spill from Syria may cause damage to surface, adversely affect sea creatures: Tourism and environment minister

31.08.2021 Oil Türkiye Europe Middle East-Africa

Turkey working to keep Syrian oil slick from reaching Northern Cyprus'

- Country mobilizing every means available to prevent environmental disaster, says Turkish vice president

31.08.2021 Oil Türkiye Europe Middle East-Africa

Turkey rejects UN Security Council's Maras statement

- 'These statements based on Greek-Greek Cypriot black propaganda, groundless claims,' says Foreign Ministry

24.07.2021 Energy Diplomacy Türkiye

'Turkey will continue efforts for international recognition of Turkish Cyprus'

- Only demand of Turkish Cypriots is recognition of their sovereign state status, says President Erdogan

21.07.2021 Türkiye Middle East-Africa

'Those who criticize Turkey for Cyprus Peace Operation distort historical facts'

- There has been no blood shed since 1974 Cyprus Peace Operation, says TRNC president 

20.07.2021 Türkiye Europe Middle East-Africa

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