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Turkish energy minister praises strong international turnout at İstanbul Energy Forum

-Highlighting the global interest in forum, Bayraktar proposes renaming it 'International Istanbul Energy Forum' to reflect its international scope accurately

23.11.2024 Energy Diplomacy

Türkiye expects record increase in share of renewables capacity in 2024: Turkish energy min.

-'By 2035, we aim to quadruple our current wind and solar installed capacity,' says Alparslan Bayraktar

22.11.2024 General

Turkish households solely powered by solar and wind: Turkish Energy Min.

- Public and private sectors invest in infrastructure to meet demand increase, says Turkish energy and natural resources minister

20.11.2024 Renewable

Energy giants pledge $500 million to tackle climate change

- bp, Equinor, Shell, and TotalEnergies committed $500 million at COP29 to enhance global energy access and advance sustainable energy solutions

15.11.2024 Finance

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

- "Falling short on climate investment before 2030 risks compounding costs and intensifying the path to stability in later years," experts warn at COP29

14.11.2024 Finance

Türkiye joins countries endorsing declaration to triple nuclear energy by 2050

-With Türkiye's inclusion, total number of countries ratifying declaration reached 31, says Alparslan Bayraktar

14.11.2024 General

Türkiye plans to increase renewable energy to reach 50% of primary energy by 2053

- Turkish environment minister unveils ambitious climate roadmap at UN Climate Change Conference in Baku, Azerbaijan

13.11.2024 General

Greece calls for pragmatic climate strategy to preserve Europe's competitiveness at COP29

- 'We cannot focus so much on 2050 that we forget 2024,' says Kyriakos Mitsotakis

13.11.2024 General

Russia plans to achieve carbon neutrality by 2060, says premier

- Mikhail Mishustin says 85% of Russia’s energy comes from clean, low-emission generation

13.11.2024 General

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

- 'We must continue advancing the green transition while also maintaining our use of natural gas, oil and nuclear energy,' says Victor Orban

13.11.2024 Nuclear

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Türkiye bids to host COP31 in 2026: President Erdogan

- Türkiye’s Zero Waste Project has prevented 5.9M tons of greenhouse gases since its launch, says Recep Tayyip Erdogan

12.11.2024 Energy Diplomacy

World leaders gather as COP29 climate summit kicks off in Azerbaijani capital

- Ahead of summit, leaders from around world gather for family photo at venue set up next to Baku Olympic Stadium

12.11.2024 General

Türkiye crucial to export Turkmen gas to Europe: Experts

- Ankara and Ashgabat sign memorandum of understanding on March 1, laying groundwork for future hydrocarbon cooperation

12.11.2024 Natural Gas

World faces critical need of $2T in annual climate financing

- Securing agreement on new climate financing target tops COP29 agenda, says OECD spokesperson

12.11.2024 Finance

Turkish president arrives in Azerbaijan for climate conference

- Senior officials welcome Recep Tayyip Erdogan at Heydar Aliyev International Airport

12.11.2024 General

COP29 president says UN program shows current policies would lead to global warming of 3C

- ‘These are not future problems, climate change is already here,’ says Mukhtar Babayev

11.11.2024 General

Türkiye to commence oil and natural gas exploration in Somali territories

- Oruc Reis research vessel arrives in offshore Somalia Friday following 20-day journey from Istanbul

25.10.2024 Natural Gas Oil

Turkish Oruc Reis research ship arrives in Somalia for oil and gas exploration

- Vessel set sail for Somalia earlier this month to conduct seismic surveys for oil and natural gas in three areas where Türkiye has secured exploration licenses

25.10.2024 Natural Gas Oil

Türkiye, Niger sign memorandum of understanding for cooperation in mining

-Deal to promote exchange of information, official-level meetings, consultations between relevant ministries and institutions, and cooperation in projects of mutual interest and capacity building

22.10.2024 General

Türkiye to quadruple renewable energy capacity by 2035 with $80B investment

- Ankara is set to launch 90,000 MW of new renewable capacity, new transmission grid, upgraded infrastructure, new investment of around $108 billion and reform process

21.10.2024 General

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