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Global energy demand to increase 24% by 2050: OPEC

- Demand for all primary fuels, except coal, is set to increase in long term

24.09.2024 Oil

Oil down amid China's slowing demand, OPEC+ supply boost

- OPEC+ previously agreed to extend oil production cuts to November as crude oil and fuel prices continued to fall

20.09.2024 Oil

OPEC daily crude output rises by 0.7% in July

- Global oil demand growth forecast for 2024 is revised down by 135,000 bpd, from previous month's assessment

12.08.2024 Oil

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

OPEC+ agrees to extend group-wide output cuts into 2025

- 1.6 million barrels per day voluntary cuts to be prolonged for another year, while second round of voluntary cuts of 2.2 million barrels per day to end of third quarter of 2024

02.06.2024 Oil Oil General

OPEC daily crude output falls by 0.18% in April

- Number of oil rigs worldwide world decreases by 60 last month to 1,797

14.05.2024 Oil

Oil demand peak dispute raises economic alarm

-Peak oil demand refers to theorized time when maximum rate of global oil production will occur before beginning an irreversible decline

13.04.2024 Oil

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

OPEC crude output increases in February

- Global oil demand forecast to reach 104.5 million barrels per day in 2024, with growth rate of 2.2 million barrels per day

12.03.2024 Oil

Oil prices up over escalating tensions in Middle East, positive demand outlook

- Investors remain cautious ahead of key inflation data to be announced by US Fed late Tuesday

12.03.2024 Oil

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Oil down on week ending March 4 over demand fears in US

- Prices decline with rising crude stocks in US while strong dollar and supply concerns driven by OPEC+ cuts push prices up

09.03.2024 Oil Finance

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 announces full commitment to OPEC+ production caps in February

- Country's current production cutbacks stand at about 500,000 barrels per day —300,000 bpd of crude and 200,000 bpd of oil products

21.02.2024 Oil

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

OPEC crude output declines in January

- OPEC report shows fall in global liquids production in January by 600,000 barrels per day to average 101.8 million barrels per day

13.02.2024 Oil

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

Saudi Arabia cuts production to propel prices, revealing strategy over supply

- Saudi Arabia has significantly reduced its production since 2022 to stabilize and potentially increase oil prices as well as ensure lucrative revenue from its crude exports

02.02.2024 Oil Finance Energy Diplomacy

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

OPEC crude output rises in December

- OPEC report shows fall in global liquids production by 400,000 barrels per day to average 100.9 million barrels per day in December

17.01.2024 Oil Finance International Organization

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