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Melting glaciers drive Arctic sea traffic surge, reshaping global trade and environment

- Climate change transforms Arctic into critical trade corridor with 37% rise in maritime traffic

08:49 Renewable

Europe risks losing ground to China in net-zero industrial race: Report

- China's rapid rise in clean tech dominance poses significant challenge to Europe’s ambition to lead global net-zero industry transition

14.10.2024 General

Police detain climate activist Greta Thunberg at Brussels climate protest

- Thunberg seen wearing keffiyeh, symbol of solidarity with Palestine, during demonstration against fossil fuel subsidies

06.10.2024 General

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

Europe turns to LNG investments for supply security, uses half capacity

- Half of EU's LNG terminals had utilization rates below 50% in first half of this year

16.09.2024 Finance Lng/Lpg General

Greece calls for EU action to address surging electricity prices

- From April to August, electricity prices in Greece more than doubled, says Prime Minister Mitsotakis

14.09.2024 Electricity

Italian Eni starts natural gas production off coast of Sicily

- Argo Cassiopea Field's gas reserves estimated at around 10 bcm, with peak annual production expected to reach 1.5 bcm

19.08.2024 Natural Gas

Gas prices in Europe decline 4% amid sell-off in financial markets

- Natural gas prices down to €34.1 on TTF, the Netherlands-based virtual natural gas trading venue

05.08.2024 Natural Gas

EBRD, EU to mobilize up to €100M for critical raw materials investments

-Türkiye with its large rare earth element reserve in central province of Eskisehir is among countries to receive EBRD, EU funds

01.08.2024 General

Gas prices in Europe up as Middle East tensions escalates

- Natural gas prices surge to €35.9 per megawatt-hour on Wednesday, hitting highest level in 5 weeks

31.07.2024 Natural Gas

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Gazprom sees $5.6B loss in 1st half of this year

- Company's revenue, however, annually rises 6.7% in January-June period

31.07.2024 Natural Gas

EU audit body says hydrogen targets are 'overly ambitious'

- European Union 'unlikely to meet' its hydrogen production and demand targets by 2030, says bloc's auditing body

17.07.2024 Renewable

EU adopts 14th package of Russia sanctions

Measures target energy, finance, transport and trade sectors, says EU Council

25.06.2024 Natural Gas Energy Diplomacy Energy Security

Russian gas giant Gazprom wants to recoup its revenue losses

- Company's revenues fall to 11.7 trillion rubles last year compared to 8.5 trillion in 2022

20.05.2024 Natural Gas

Italian Eni reports almost $1.3 billion net loss in 1Q24

- Company's revenue for January–March 2024 period totals $24.8 billion, compared to $29.3 billion for same quarter last year

25.04.2024 Oil

Türkiye records 2023's highest increase in export of petroleum products in December

- US and European countries were main destinations of Türkiye's petroleum products last year

10.03.2024 Oil Transportation/Fuel Oil General

Gazprom sues Polish energy firms for $935 million

- Move comes amid ongoing tensions between Gazprom and Poland, which have been escalating since 2022 over energy supply and payment disagreements

08.03.2024 Natural Gas

EU to continue voluntary gas demand reduction measures

Gas demand reduction regulation was adopted as an emergency instrument in 2022 amid Russian-Ukraine war

04.03.2024 Natural Gas

Europe increases LNG capacity by 53 billion cubic meters since February 2022

- Since February 2022, 4 terminals have expanded, 8 new terminals have been built and unused terminal in Spain has been reactivated

29.02.2024 Lng/Lpg Invesments General

EU countries pay €171.5 billion for LNG between Jan. 22 - Dec. 23

- 46% of Europe's LNG imports originate from US last year, Institute for Energy Economics and Financial Analysis data shows

23.02.2024 Finance Lng/Lpg General

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