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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

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

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 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

OPEC+ could keep current output level based on tight market situation: Rystad

-23-member group of oil-producing countries will convene on Sunday to decide next production policy

01.06.2023 Oil International Organization World

OPEC+ output cut may push Brent oil price to $110 per barrel: experts

- Oil majors' recent output decision aims to keep prices at around $80 a barrel, says Kpler’s Matt Stanley

04.04.2023 Oil International Relations International Organization World

Approx. 1.1M barrels per day of Russian oil at risk of not finding buyers due to sanctions

- Sanctions on Russian oil may hurt Europe more, while some of Russia’s crude and refined products may be jeopardized in 2023, experts say

03.12.2022 Oil Eurasia

Power prices in Europe reach record highs in August

- Average spot price for August in Italy hits €547, exceeding monthly average of €500 per megawatt hour for first time

01.09.2022 Electricity Natural Gas Europe

OPEC ends reliance on International Energy Agency data

- Wood Mackenzie and Rystad Energy will be used as secondary sources with immediate effect

31.03.2022 Oil International Relations International Organization World

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Oil prices extend rises on supply woes from talks of Russian oil ban

- US President Joe Biden is due to participate in a series of meetings in Brussels, which could include EU oil export ban on Russia

23.03.2022 Oil World

US move to sell emergency oil from reserves may trigger new type of price war

- With view to reduce rising fuel prices, US vows to tap emergency oil reserves, a move supported by China, India, Japan, South Korea and UK

26.11.2021 Oil World Europe Eurasia Asia Americas Middle East-Africa

Electric vehicles' global market share projected to reach 29% by 2025

- Covid-19 relief packages resulted in new policy support for EVs, making them more affordable compared to ICEs, expert says

21.10.2021 Electricity World

Global offshore wind capacity to grow 37% in 2021

- This year, China will contribute 63% of expected growth and lead new capacity additions

04.02.2021 Wind

Iran to uphold right to regain lost oil market share

- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance

08.01.2021 Oil World Europe Eurasia Asia Americas Middle East-Africa

More oil needed to meet demand through 2050

- Addition of over 313 billion barrels of oil are needed to meet global demand over next 30 years, says Rystad Energy

10.12.2020 Oil International Organization World

Oil, gas discoveries resilient in 2020 despite pandemic

- In discovery volumes, Russia’s Gazprom leads with total discovery of 1.51 billion barrels of oil equiv.: Rystad Energy

17.11.2020 Natural Gas Oil International Organization Energy Projects

Libyan army gears up to regain oil fields

- Ankara will continue support for oil fields, pipelines, refineries and harbors liberated by Libyan army from Hafter

12.06.2020 Oil Energy Diplomacy Energy Security International Relations Türkiye Middle East-Africa

Global oil demand forecast to fall 4.9% in 2020: Rystad

- Month of April to take biggest hit as global oil demand estimated to fall by 16%

26.03.2020 Downstream Energy Security Asia

Rystad revises down oil price forecast amid coronavirus

- Downside risk to oil prices unless minimum 1 million bpd of oil removed from market, research firm says

28.02.2020 Downstream Stock Market Energy Security Europe Asia

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More OPEC cuts will fail to curb glut due to coronavirus

-Economic shut-down in China from coronavirus will cause largest negative oil demand shock since 2008, says Rystad Energy

14.02.2020 Downstream International Organization Asia

Oil price to see $40 if OPEC, Russia fail to cut output

- If OPEC and Russia do not extend and deepen cuts, we could see Brent dip to $40 next year, consulting firm warns

05.12.2019 Oil

US shale oil production to surge 67% by 2030

- Shale supply in US will peak at 14.5 million barrels per day around year 2030, research firm Rystad Energy says

13.09.2019 Upstream Americas

Oman’s gas production to surpass oil by 2023: Rystad

- Country's gas share in its oil-gas mix is estimated to be over 50 percent in 2025, from around 35 percent in 2015

06.03.2019 Lng/Lpg Upstream Middle East-Africa

US shale output to grow 15% in 2019 with 5% lower capex

- Shale operators aim to prioritize cost discipline over aggressive growth, Rystad Energy partner says

04.03.2019 Upstream Invesments Americas

$US fracking declines 25 percent in second half of 2018$

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