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Turkish Republic of Northern Cyprus slams hydrocarbon deal between Greek Cypriot Administration, Egypt

- Any deal not approved by Turkish Cypriots is null and void, says Foreign Ministry

19.02.2025 General

Greek Cypriot Administration halts gas exploration in 3 blocks after unsuccessful results

-Licences for blocks 2, 3, and 9, located south and southeast of the island, were granted in 2013

05.02.2025 Natural Gas

Spot market electricity prices for Friday, Jan. 31

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.87 billion Turkish liras

30.01.2025 Electricity

Libya seeks Turkish expertise to accelerate renewable energy transition

- Libya's top energy officials say country is in talks with their Turkish counterparts for multiple energy cooperation, signaling further opportunities on horizon

27.01.2025 Renewable

Libyan oil minister calls Türkiye "strategic partner," urges expanded cooperation

- Khalifa Abdulsadek calls on Türkiye to expand its activities in Libya not only in hydrocarbons but also in renewables

23.01.2025 General

OPEC maintains "proactive strategy" for global oil market stability, Secretary-General says

- ⁠OPEC is always attentive to all fundamental factors affecting oil market to make sure that market remains balanced, according to OPEC chief

22.01.2025 Oil

Libya eyes deeper economic ties with Türkiye, free trade deal in focus

- Libya plans to renew agreements with Türkiye, finalize deal to prevent double taxation, deepen bilateral cooperation, says Libyan Economy and Trade Minister

20.01.2025 General

Libya seeks investment, technology to unlock vast oil and gas potential

- Libya has 48B barrels of 'discovered but unexploited oil,' total potential estimated at 90B barrels, says senior national oil company official

20.01.2025 General

Türkiye's TPAO eyes investment opportunities in Libya's energy sector

- Turkish Petroleum Corporation general manager underscores exploration, development opportunities in Libya’s offshore sector

20.01.2025 General

Libya's energy role vital for global markets: OPEC chief

- Haitham Al-Ghais highlights Libya's potential in traditional energy, renewables at Libya Energy and Economic Summit 2025

19.01.2025 Oil

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Libyan premier vows stability to expand country’s oil industry

- Abdul Hamid Dbeibeh says Libya’s oil and gas production has been doubled since he took office in 2020

19.01.2025 Oil

Libya Energy & Economy Summit 2025 kicks off in Tripoli

- 'With strong slate of international and local companies participating, we expect to see new partnerships and deals forged,' says manager of organizing company

18.01.2025 General

Libya seeks to revitalize energy sector with fresh exploration activities, projects

- Country to host Libya Energy and Economy Summit between Jan. 18-19 to evaluate investment opportunities in energy-rich nation

16.01.2025 Oil

Greece calls for pragmatic climate strategy to preserve Europe's competitiveness at COP29

- 'We cannot focus so much on 2050 that we forget 2024,' says Kyriakos Mitsotakis

13.11.2024 General

Türkiye calls on Greece, Bulgaria to expand capacity of existing gas pipeline

- Expanding capacity would make ‘significant contribution both to supply security of region and to diversification of gas supply,’ says Alparslan Bayraktar

10.10.2024 Natural Gas

Top energy diplomat from US to travel to Greece, Türkiye

- Geoffrey Pyatt will travel to Athens, Istanbul on Oct. 8-10 for high-level meetings on regional energy transitions and security priorities

08.10.2024 General

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

Libya's oil shutdown causes over $120M in losses

- Production and exports halted after eastern government’s response to dispute over who controls central bank, with oil output falling dramatically

31.08.2024 Oil

Time for Greek-Turkish energy cooperation in Aegean and EastMed: Greek investment agency CEO

‘There are very good prospects and opportunities for further cooperation in the future between our countries in broad energy sector,’ says head of Greek investment promotion body

17.06.2024 Electricity Natural Gas

Libya's oil guards reopen country's oilfields after dispute over pay

- Libya holds Africa's largest crude reserves, but years of conflict has hobbled production, exports

27.02.2024 Oil Refining/Petro Chemistry

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