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US sanctions on Iran raise supply concerns, push oil prices higher

- Fresh measures target Chinese refinery: fears of disruption to global crude supply

17.04.2025 General

Oil giants' profits decline 16% in 2024

- In total, companies' combined net profits drop from approximately $259.2 billion in 2023 to $217.65 billion last year

21.03.2025 Oil

Brent oil ends 7-week slide, struggles to hold $70 level

- Prices hit lowest since Dec. 2021 before seeking stability

17.03.2025 Oil

Oil prices rise amid Russian supply concerns, tightening global supply

- Disruptions in Russia's fuel exports are driving up cash oil prices, particularly in Middle East region

11.02.2025 Oil

Oil prices rise amid trade tensions, market uncertainty

- Uncertainty over Fed policies and US sanctions on Iranian oil exports add further volatility to energy markets

10.02.2025 Oil

Oil prices fall with higher than expected build in US crude inventory

- Trump's decision to reinstate "maximum pressure" policy on Iran restricts price declines

05.02.2025 Oil

Oil prices slip amid Trump policies, OPEC influence

- US tariffs, OPEC production stance, European recession fears drag oil prices lower

27.01.2025 Oil

Brent rises nearly 3% following intensified US Sanctions on Russia

- 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 prices surge amid escalating tensions between Israel, Iran

- US President Biden said Friday he is aware of Israel’s plans for an attack on Iran, as Tehran warns it will respond "decisively"

21.10.2024 Oil

Oil down with low US demand, market awaits China stimulus package

- Experts say Hurricane Milton could also negatively affect employment data in US in coming weeks

11.10.2024 Oil

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Oil set for weekly losses with demand concerns in US fueled by Fed statements

Supply fears in favor of higher prices rise over political uncertainty in Iran are later offset by demand concerns in US

24.05.2024 Oil

Growing hostilities in Middle East could cause significant volatility in oil market

-Prices likely to remain elevated over short term until winding down of tensions, according to experts

20.04.2024 Oil

Rystad predicts growth in Europe’s solar power generation in 2024

Rystad Energy forecasts continued strong renewable additions in 2024, with solar leading growth for first time in capacity and generation

05.02.2024 Wind Solar

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

Weak US dollar, which fell 2.20% this week compared to last Friday's closing, supports oil price rises

15.12.2023 Oil Upstream

With new member Brazil, OPEC+ eyes increased market share, prices

- During their latest ministerial meeting on Thursday, group not only endorses its previous production cuts but also adds voluntary cuts from several members

02.12.2023 Oil Upstream Regulation International Organization

Oil mixed during week ending Dec. 1 amid disappointing OPEC+ supply cuts

- OPEC+ producers decide to keep existing output cuts until end of 2024 at annual meeting held on Thursday

01.12.2023 Oil

Saudi Arabia's supply decision at OPEC+ meeting to set direction for oil prices: experts

- Producers of 23-member OPEC+ group, led by Saudi Arabia and Russia, will convene on Sunday in Vienna to review market conditions and production policy for next year

22.11.2023 Oil

Oil prices up on positive Chinese demand outlook

- Tight global supply forecast keeps prices at 10-month highs

15.09.2023 Oil Asia

Oil up during week ending Sept. 8 amid extension of OPEC+ output cuts

- Both benchmarks trading near nine-month highs due to expectations of tighter supplies from extended production cuts in Saudi Arabia and Russia

08.09.2023 Oil Eurasia Americas Middle East-Africa

Oil and gas well intervention investments expected to increase by 20% in 2023: Rystad

- Algeria and Saudi Arabia are top two onshore markets, with over 11,000 wells offering great intervention potential between 2023 and 2028, says Rystad Energy

10.07.2023 Oil World Europe

Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

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

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

Global carbon emission storage facilities double in 5 years

Trump seeks to revive coal industry and reverse long-term decline with new orders

Highlights of Türkiye's energy market in 2024

Global coal demand peaks in 2024, to plateau until 2027: IEA

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

Spot market natural gas prices for Thursday, April 17

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

Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

Türkiye's LPG production down 4.2% in January

Utilisation of EU LNG terminal plunges to 42% in 2024

Europe LNG imports hit 3-year low in 2024: Report

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

US oil rig count down by 9 for week ending April 11

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

Global wind power capacity sees record growth in 2024

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen

Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.

China set to surpass 50% of global solar capacity in 2025

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

Türkiye's installed solar power capacity exceeds 20,000 MW

Türkiye awards six contracts for 800 MW solar projects

Hydropower's role expands amid soaring global electricity demand

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

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

Türkiye's energy bill burden to ease with declining oil prices: Experts

Oil prices rise amid US trade policies, Trump's criticism of Fed

US oil rig count up by 1 for week ending April 17

Türkiye could slash emissions, double economic gains by 2053 through energy efficiency

Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"

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

UK vows energy cooperation with US despite climate policy rift: Energy minister

Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125

Türkiye's renewable share in electricity capacity rises to 60%

Global leaders of energy sector to convene at İstanbul Energy Forum

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