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Russian deputy PM Novak calls EU sanctions "illegitimate," says LNG sale will continue

- Alexander Novak says, 'agreements with partners have already been reached' to sell Russian LNG

17.07.2024 Lng/Lpg

Russia not planning to ban diesel exports: Deputy prime minister

-‘We are producing diesel in a sufficient volume - twice more than needed for the domestic market,’ says Alexander Novak

29.03.2024 Oil General

Russia may lift gasoline export ban early: Deputy prime minister

Measure to apply only to gasoline for 6 months from March 1, says Alexander Novak

29.02.2024 General

Russia plans to triple LNG production by 2030, says deputy premier

- Planned increase has already been secured through projects that are either underway or in pipeline, according to Alexander Novak

20.02.2024 Natural Gas Energy Projects

Russia’s exports to “friendly nations” hit 84% in 2023: Deputy Premier

- Russia’s share of oil exports to friendly nations stood at 86% last year, says Alexander Novak

20.02.2024 Oil Invesments

Russia's oil exports decline 3.3% and oil production by 0.8% in 2023

- Kremlin’s oil exports fall to 234.4 million tons and oil production to 530.6 million tons last year

07.02.2024 Oil Invesments

Russia to boost pipeline gas and LNG exports in 2024

- Russian Deputy Prime Minister anticipates rise in Russia's share in global natural gas market this year

26.01.2024 Lng/Lpg

Russia in compliance with oil production cuts under OPEC+ deal: Deputy premier

Russian deputy prime minister says his country’s oil and gas revenues will reach about $89.12 billion by end of 2023

28.12.2023 Natural Gas Oil

Gas hub project in Türkiye to begin in 2024, says Russian deputy premier

Turkish delegation to visit Russian city of St. Petersburg soon, says Russia's Deputy Prime Minister

27.12.2023 Natural Gas

Russia's oil exports records massive decline in 2023: Deputy premier

- European crude oil exports have been rerouted to Asian markets, namely India and China, Russian deputy prime minister says

27.12.2023 Oil Finance Transportation/Fuel Oil

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Russia to spend over $11 billion to upgrade refineries by 2028

- Country's deputy premier says new capacities will boost gasoline and diesel production by 4 million tons and by 30 million tons per year, respectively

22.11.2023 Oil Refining/Petro Chemistry

Russia's oil and gas production to reduce this year

- Oil is projected to fall year over year by 8 million tons to 527 million tons and natural gas by 30 billion cubic meters

21.11.2023 Natural Gas Oil

Russia to cut oil export by 300,000 barrels per day in September

- Country has already had a 500,000 bpd of supply cut ongoing in August

03.08.2023 Oil World Eurasia

Russian oil firms to decide whether to reduce output or exports: Deputy PM

- Alexander Novak's remarks came as Russia is set to curb oil shipments to global markets by 500,000 barrels a day in August

14.07.2023 World Eurasia

Russian oil revenues drop in June, posting lowest level since January 2021: IEA

- Russian crude export prices increase by $0.70 from May to $55.62 a barrel, still below G7 price cap, according to International Energy Agency

13.07.2023 Oil World

1,500% surge: India’s crude imports from Russia soar to new peak

- India has become largest buyer of Russian crude with 1,500% jump in imports since start of Ukraine war, 79% increase after EU embargo took effect

08.06.2023 World Eurasia

OPEC+ sees no need for further oil output cuts: Russian deputy PM

- OPEC+ group does not expect oil shortages on global oil markets after production cuts, says Alexander Novak

27.04.2023 Oil World

OPEC+ can continue cooperation after oil output pact expires: Russian Deputy PM

- EU sanctions forces greater LNG reliance on bloc countries, while Russia finds alternative markets in Asia, says Russia's Deputy PM

26.04.2023 Oil International Organization Middle East-Africa

Russian delegation to visit Tehran for cooperation in oil, gas, petrochemical sectors

- Russian delegation will also attend opening ceremony of Iran Oil Show 2023 to be held between May 17-20

26.04.2023 Natural Gas Oil International Relations Eurasia

Russian crude oil prices record 42% annual slump in January

- Russian oil traded at $49.48 per barrel in January, down 42% from same month of last year

01.02.2023 Oil World

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