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Floods hit Beirut, causing road closures, disruptions near airport

- Heavy rain leads to water accumulation, trapping citizens in cars and flooding neighborhoods amid Israeli aggression in Lebanon

11.11.2024 General

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

World Bank Group provides record $42.6B in climate finance

- Projects include building cyclone shelters, investing in erosion control, reducing methane emissions, fully electric buses

21.09.2024 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

Europe's LNG import terminals see less activity as demand falls

- Several European countries continue to invest in new LNG import infrastructure which could lead to overcapacity amid falling gas demand

12.09.2024 Renewable

Algeria sends 30,000 tons of fuel to energy-starved Lebanon

- Algeria sends fuel to Lebanon to restart power stations there

22.08.2024 Oil Energy Diplomacy

EU hits 90% gas storage capacity 10 weeks early

- EU reaches target well ahead of the November 1st deadline for second year in a row

21.08.2024 Natural Gas

Algeria to supply Lebanon with fuel to solve electricity crisis

- Lebanon suffers nationwide power outage amid chronic fuel shortages

19.08.2024 Electricity Energy Diplomacy

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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

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

Turkish energy ministry and World Bank hold meeting aimed at boosting energy cooperation

- Minister Bayraktar says cooperation with international financial institutions need to be increased to accelerate energy transition

10.07.2024 Electricity Natural Gas Finance Energy Projects

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

World Bank and Türkiye sign $1 billion renewable financing deal

- Results-based financing program—first of its kind in Türkiye—will disburse World Bank funds as pre-agreed results are reached

17.05.2024 Renewable Finance Projects General

EU launches 2 investigations on foreign subsidies in solar industry

‘Two new in-depth investigations on foreign subsidies in solar panel sector aim to preserve Europe’s economic security and competitiveness’ says EU Commissioner for Internal Market

03.04.2024 Renewable Regulation

EU approves €1 billion to fund Greece's renewable initiatives

- Faethon and Seli projects are planned for completion in 2025

02.04.2024 Renewable Finance

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

World Bank approves €600 million loan guarantee for Turkish exporters to cut emissions

Project to include loan guarantee to Eximbank to mobilize €1 billion in international private capital through commercial loans of about 10-year tenures, says World Bank

23.02.2024 Finance

Azerbaijan emerges as key player in European energy security

Azerbaijan's energy cooperation with Europe intensifies as bloc countries seek new suppliers to diversify energy resources in face of natural gas crisis due to war in Ukraine

21.02.2024 Natural Gas

US set to triple nuclear power goal by 2050

Farmers should not foot bill for climate change or green transition: Hungarian premier

In a first, Japan retrieves tiny amount of melted fuel from crippled Fukushima nuclear plant

Nuclear reactor in Japan shuts days after restart since 2011

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

Spot market electricity prices for Monday, Nov. 11

Türkiye's daily power consumption down 4% on Nov. 9

Türkiye's daily power consumption down 5.36% on Nov. 2

Türkiye's daily power consumption up 12.8% on Oct. 30

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

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

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

Türkiye’s wind energy industry has potential to reach $8B in 2035

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

Wind, solar overtake EU fossil fuels in 1H24, Ember reports

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

Spot market natural gas prices for Saturday, Nov. 16

Spot market electricity prices for Monday, Nov. 18

Türkiye's daily power consumption down 4.35% on Nov. 16

Energy giants pledge $500 million to tackle climate change

COP29 pushes for $1 trillion in climate financing for developing nations

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

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