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Syria to prioritize energy production in new era

- Türkiye, Turkish firms to play key role in rebuilding of Syria by revitalizing oil business, says head of energy research center

25.12.2024 General

Highlights of Türkiye's energy market in 2024

- Türkiye expands international cooperation in earth materials, oil, natural gas and nuclear power while increasing renewable capacity

25.12.2024 Natural Gas Oil Coal Geothermal/Biomass Energy Projects General

Highlights of global energy market in 2024

- Wars significantly impact energy landscape, prompting countries to diversify energy sources and strengthen energy security while the EU announces new sanctions packages this year

25.12.2024 Energy Security Energy Projects General

Delegation to visit Syria for assessment of energy infrastructure: Türkiye's energy minister

- Syria's devastated energy infrastructure needs immediate renewal as Türkiye's vast experience could supply helping hand

24.12.2024 Electricity General

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

Revival of Qatar-Türkiye Gas Pipeline hinges on Syria's stability, regional ties

- Shelved pipeline project resurfaces amid expectation of regional stability, LNG oversupply concerns and shifting energy dynamics in global gas markets

21.12.2024 Natural Gas

EU calls for faster geothermal energy deployment

- European Council calls on member states to streamline their rules to make geothermal energy easier to use, and also issue permits faster

17.12.2024 Renewable

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

- New joint venture Arcius Energy 51% owned by bp and 49% by XRG, ADNOC's international investment arm

16.12.2024 Natural Gas Finance

Spot market natural gas prices for Friday, Dec. 13

-1,000 cubic meters of natural gas on spot market costs 12,308.86 Turkish liras

14.12.2024 Natural Gas

IEA report projects geothermal energy to meet 15% of global demand growth

- Report estimates $1 trillion in geothermal investment by 2035 and $2.5 trillion by 2050.

13.12.2024 Electricity

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China continues to lead in energy transition with low-carbon power: Wood Mackenzie

- Solar and wind capacity will exceed coal-fired power generation by 2037, report projects

12.12.2024 General

Global oil output up by 0.12% in November, IEA reports

- Agency forecasts global oil demand to reach around 103.9 million barrels per day in 2025

12.12.2024 Oil

Ontario premier threatens to cut off energy exports to US if Trump hits Canada with 25% tariff

- Canada plans to take steps to stop flow of drugs, illegal immigrants to US

12.12.2024 General

Russia-Ukraine gas transit deal nears end, threatening Europe's winter gas supplies

- If the deal is not renewed, up to 14 billion cubic meters of Russian gas could be cut off, ICIS reports

11.12.2024 Natural Gas Energy Diplomacy General

Türkiye's renewable transition presents 'promising economic driver'

- Country's potential in developing sustainable systems, strategic location adjacent to key European markets, emerging renewable energy sector present opportunities, says global consulting firm partner

10.12.2024 Renewable

Spot market natural gas prices for Thursday, Dec. 5

-1,000 cubic meters of natural gas on spot market costs 12,134.01 Turkish liras

06.12.2024 Natural Gas

TotalEnergies to buy Germany based renewable energy firm VSB Group for $1.65B

- French energy giant also signs deal for sale of 50% of a portfolio of solar and battery energy storage systems projects located in Texas

05.12.2024 Renewable

Meta seeks advice from nuclear power developers to help meet its AI goals

- 'As we look ahead to our next decade of innovation and growth, we are planning for our data center energy needs while simultaneously contributing to a reliable grid,' says tech giant

04.12.2024 Nuclear

Carbon capture technologies and smart transitions key to reach climate goals

- Policymakers should create effective energy transition strategies and carbon reduction policies with a clear understanding of global energy trends, says IEF energy dialogue director

28.11.2024 General

Türkiye's energy import bill down 7.3% in October

- At $4.98 billion, energy accounts for 17% of overall import figures in Türkiye in October

28.11.2024 General

Romania to lengthen lifespan of 1st nuclear reactor with $2 billion contract

Türkiye to initiate trial production at Akkuyu in 2025: Turkish energy min.

Meta seeks advice from nuclear power developers to help meet its AI goals

US set to triple nuclear power goal by 2050

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

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

Türkiye's LPG production down 27% in September 2024

Turkish President Erdogan announces LNG supply deal with Oman

Türkiye's gas hub plan highlights role in global energy: Russian official

TotalEnergies and China's Sinopec sign multiyear LNG supply agreement

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

Scottish government approves £150 million offshore wind fund

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

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

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

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

Türkiye's daily power consumption up 14.7% on Dec. 23

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

Spot market electricity prices for Monday, Dec. 16

Scottish government approves £150 million offshore wind fund

Spot market electricity prices for Monday, Dec. 9

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

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

Vitol to invest $550 million in clean cooking technologies in Africa

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

Highlights of global energy market in 2024

Israel continues "unlawful" approach to Palestinian natural resources

EU adopts 14th package of Russia sanctions