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Egypt to announce extension of oil concession with Russia’s Lukoil in Eastern Desert

Lukoil's 25-year development contract in area just expired, leading renewal decision

20.12.2023 Oil

Shell announces gas discovery in northeastern Egypt

- Primary data confirms existence of a gas-bearing deposit in offshore Nile Delta

21.11.2023 Oil

Israel to advance plans to develop Gaza gas field

- Israel says Marine gas field to be developed in cooperation with Egypt, Palestinian Authority

19.06.2023 Natural Gas World

Eni announces new gas discovery in Egypt

- New gas field discovered in Egypt’s territorial water near Rafah

16.01.2023 Natural Gas Middle East-Africa

Egypt’s natural gas exports climb to $8.4B in 2022

- Egypt exported 8 million tons of natural gas in 2022

28.12.2022 Middle East-Africa

Egypt launches tender to explore gas, oil in Mediterranean, Nile Delta

-Tender covers 12 regions in Mediterranean, Nile Delta

27.12.2022 Natural Gas Oil World Middle East-Africa

Egypt and Norway to establish 100 MW green hydrogen plant on Red Sea

- Green Hydrogen Plant is part of Egypt’s wider green hydrogen strategy to produce as cheaply as possible worldwide

09.11.2022 International Relations World Middle East-Africa

Saudi Arabia pledges $2.5B to Middle East green initiative

- Middle East Green Initiative aims to reduce regional carbon emissions

08.11.2022 Finance Middle East-Africa

Africa can be ‘renewable energy superpower’: Al Gore

- More than 100 leaders, heads of states attend UN climate summit in Egypt’s Sharm el-Sheikh city

08.11.2022 Renewable Middle East-Africa

African states seek $100B in annual climate financing support

- Funding will help maintain momentum in implementing mitigation measures, says chair of African group of negotiators, Zambia

08.11.2022 Finance International Organization Middle East-Africa

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UK pledges £11.6B to tackle climate change

- British premier says war in Ukraine calls for 'faster action' on climate crisis

08.11.2022 Projects Invesments Europe

World leaders open climate talks in Egypt’s Sharm el-Sheikh

-110 leaders and heads of states expected to attend UN climate summit COP27 in Egypt

07.11.2022 General

Traffic in Suez Canal back to normal after tugboats refloat stuck ship

- Canal is strategic waterway that connects Mediterranean and Red Sea and is considered main source of foreign currency for Egypt

01.09.2022 World

'Türkiye ready to contribute to ending Russia-Ukraine war through diplomacy'

- President Recep Tayyip Erdogan reiterates his invitation to Russian, Ukrainian counterparts of holding a meeting in Türkiye to address issues

19.08.2022 Türkiye

Türkiye's fourth drill ship to start operations in August

- Latest drill ship operations to contribute to country's gas exploration that has been ongoing over past 4 years

06.07.2022 Natural Gas Oil Türkiye

Egypt, Israel, EU ink deal for exporting gas to Europe

- Deal allows Europe to receive Israeli natural gas after liquefying it in Egypt

15.06.2022 Natural Gas Europe Middle East-Africa General

Top Biden officials in Saudi Arabia for talks on oil ahead of planned visit

- White House Middle East coordinator and State Department’s energy envoy arrived in Saudi Arabia on Tuesday to meet with senior Saudi officials

26.05.2022 Oil World Americas Middle East-Africa

Saudi Aramco signs crude supply deal with Egyptian petrochemicals firm

- Aramco will supply 100,000 barrels per day of Arabian Crude to planned refining and petrochemical complex in Egypt’s Suez Canal Economic Zone

16.02.2022 Oil Refining/Petro Chemistry World Middle East-Africa

UK, Egypt vow to cooperate to fight climate change

- Senior officials affirm 'joint commitment to accelerating the fight against climate change during this critical decade'

16.01.2022 International Relations Energy Projects Europe Middle East-Africa

Shell and QatarEnergy enter new partnership in Red Sea blocks

- Shell has operated Block 3 and Block 4 of the Egyptian Red Sea since late 2019

13.12.2021 Projects International Relations Middle East-Africa

Nuclear reactor in Japan shuts days after restart since 2011

Bulgaria signs contract with US company to boost its nuclear energy capacity

Iran submits protest note to IAEA over Israeli threats to nuclear sites

Japan's oldest nuclear reactor approved to operate beyond 50 years

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

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

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

Russian deputy energy minister held as probe into coal mine contracts expands

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

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 Friday, Nov. 18

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

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

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

Western Balkans can leapfrog gas for solar, wind for energy transition: Report

Türkiye breaks record in daily electricity production from wind on June 29

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

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

International Finance Corporation provides major investment package for Türkiye

TotalEnergies' 3rd-quarter income drops sharply

Shell beats market expectations with $6 billion profit in 3Q24

Spot market natural gas prices for Friday, Oct. 25

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

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 to apply anti-dumping measures on solar panel imports from 5 countries

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