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EU suspends sanctions on Syria's key sectors to support reconstruction efforts

- EU says move aims to 'facilitate engagement with Syria, its people, and businesses, in key areas of energy and transport, as well as to facilitate financial and banking transactions associated with such sectors'

24.02.2025 General

Russia continues to sell oil using 'shadow fleet' bought from European shipowners

- Shadow fleet, consisting of more than 600 tankers in total, carry 70% of all Russian oil exports

24.02.2025 Oil Energy Diplomacy General

Global LNG exports rise by 1.6% in 2024 amid limited capacity, sanctions

- Global LNG exports increase at slower pace with limited production capacity and EU sanctions, according to latest sector report

06.02.2025 Natural Gas

Russian special services always on guard to protect Putin, Kremlin says over alleged assassination plot

- Kremlin spokesman Peskov makes these remarks in response to American journalist's claims that US leadership had plotted assassination attempt on Russia's leader

28.01.2025 General

Russia requests urgent consultations with Serbia over US sanctions on Balkan state’s energy sector

- Russian foreign minister says Moscow expects to receive response from Serbia soon

14.01.2025 Energy Diplomacy

US imposes new sanctions on Russia’s esnergy sector, targets Rosatom officials

- Blinken says new sanctions 'will further constrain revenues from Russia’s energy resources', 'degrade' Putin's ability fund Ukraine war

12.01.2025 General

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

Iran struggling to tackle energy crisis despite vast oil reserves

- President Masoud Pezeshkian has invited the public to lower heating by 2C while country suffers amid power cuts and schools go online due to cold weather

24.12.2024 Oil

Kremlin warns sanctions targeting Russia's oil industry would backfire, cause instability in energy markets

- Spokesman Dmitry Peskov says Russia will take all necessary steps to mitigate consequences of sanctions

20.12.2024 General

UK sanctions 'shadow fleet' ships to choke Russian oil exports

- Sanctions to 'further pressure Putin’s stalling war economy,' continue providing humanitarian support to Ukraine, says Keir Starmer

18.12.2024 Energy Diplomacy

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EU adopts 1st-ever sanctions over Russia's alleged disinformation

- 'These measures are designed to address the circumvention of EU sanctions through targeting of Putin’s shadow fleet and weaken Russia’s military and industrial complex,' says EU Council

17.12.2024 General

UN General Assembly demands Israel withdraw from Syria’s occupied Golan Heights

- Resolution reaffirming inadmissibility of acquiring territory by force passes with 97 votes in favor

04.12.2024 General

Türkiye seeks US exemption for Gazprombank sanctions

- Sanctions on Russia, a crucial natural gas supplier to Türkiye, could risk country's supply security

26.11.2024 General

Greenpeace: Taxing oil giants could boost UN Climate Fund by twentyfold

- Greenpeace analysis says taxing oil companies could help cover costs of hurricane, typhoon, and flood-related disasters

19.11.2024 Oil

Türkiye bids to host COP31 in 2026: President Erdogan

- Türkiye’s Zero Waste Project has prevented 5.9M tons of greenhouse gases since its launch, says Recep Tayyip Erdogan

12.11.2024 Energy Diplomacy

‘Time is not on our side’: UN chief urges global leaders to pay ‘climate debt’ or risk grave consequences

- ‘Climate finance is not charity, it's an investment,’ says UN Secretary-General Antonio Guterres

12.11.2024 Renewable General

World leaders gather as COP29 climate summit kicks off in Azerbaijani capital

- Ahead of summit, leaders from around world gather for family photo at venue set up next to Baku Olympic Stadium

12.11.2024 General

Turkish president arrives in Azerbaijan for climate conference

- Senior officials welcome Recep Tayyip Erdogan at Heydar Aliyev International Airport

12.11.2024 General

UN weather agency says 2024 on track to be warmest year on record

- 2023 was declared warmest year by WMO with global average near-surface temperature at 1.45C above pre-industrial levels

08.11.2024 Renewable

G7+ condemn Russia’s 'continuous' strikes on Ukraine’s energy infrastructure

- 'We recommit to supporting Ukraine’s immediate, medium, and long-term recovery and reconstruction in line with its path towards the EU,' says G7+ Ministerial Group

24.09.2024 General

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