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Oil prices set for weekly fall as IEA report eases supply concerns

- International Energy Agency forecasts potential increase in global oversupply this year, supporting downward movement of prices

16:16 Oil

Global clean technologies to hit $2 trillion in market value by 2035: IEA

- Energy Technology Perspectives 2024 focuses on outlook for top 6 mass-manufactured clean energy technologies such as solar PV, wind turbines, electric cars, batteries, electrolyzers and heat pumps

30.10.2024 Renewable

Southeast Asia to drive 25% of global energy demand growth by 2035: IEA

- Clean energy technologies not expanding quickly enough and heavy reliance on fossil fuel imports is leaving countries highly exposed to future risks, says IEA chief

22.10.2024 General

World moving at speed into 'Age of Electricity,' says IEA chief

- IEA forecasts low-emissions sources to generate more than half of world's electricity before 2030 while demand for coal, oil and gas still projected to peak by decade's end

16.10.2024 Electricity

Global oil production drops by 0.7% in September, IEA reports

- Agency forecasts global oil demand to reach 102.84 million bpd in 2024, 103.84 million bpd in 2025

15.10.2024 Oil

IEA says full COP28 implementation could reshape global energy sector

- International cooperation crucial for building efficient grids, sufficient energy storage, and faster electrification to support clean energy transition, says IEA chief

24.09.2024 Electricity Natural Gas Renewable

IEA outlines 10 actions to bolster Ukraine's 'fragile energy security'

- Country's energy infrastructure is under huge strain and situation could worsen in coming winter months, IEA says

19.09.2024 Electricity Natural Gas General

Global oil production inches up by 0.07% in August, IEA reports

- Agency forecasts global oil demand to reach 103 million bpd in 2024, 103.90 million bpd in 2025

12.09.2024 Oil

Global oil production increases by 0.22% in July: IEA

- Agency predicts global oil demand to reach 103.06 million bpd in 2024, 104.01 million bpd in 2025

13.08.2024 Oil

Global power demand to rise by %4 in 2024 and next year: Int. Energy Agency

- Share of electricity generated by renewables globally next year forecast to eclipse coal for the first time, according to Paris-based energy watchdog

19.07.2024 General

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Global oil production increases by 0.15% in June: Int. Energy Agency

- Agency predicts global oil demand to reach 103.06 million bpd in 2024 and 104.04 million bpd in 2025

11.07.2024 Oil

New financing model underway for $2T clean energy investment needs, IEA chief says

IEA and COP29 Presidency are working to suggest 3 global pledges on batteries, grids and methane emissions in climate negotiations in November

25.06.2024 Renewable Finance

Clean energy investment to hit $2 trillion in 2024: IEA

- ‘For every dollar going to fossil fuels today, almost two dollars are invested in clean energy,’ says International Energy Agency chief

06.06.2024 Electricity Natural Gas Renewable

Faster shift to clean technology makes energy cheaper: IEA

Governments spends around $620 billion subsidizing fossil fuel use in 2023, outpacing $70 billion on support for consumer-facing clean energy investments, IEA report says

30.05.2024 Electricity Renewable

IEA chief expects talks at COP29 to focus on clean energy finance to developing countries

IEA and COP29 Presidency are holding series of meetings ahead of summit in Baku later this year to create plan on how clean energy finance can be provided to emerging countries, Fatih Birol says

23.05.2024 Renewable

Global oil production falls by 0.19% in April: Int. Energy Agency

- Maintenance work lowers Canadian output while Russia partially implements OPEC+ production cuts leading to lower global output last month

15.05.2024 Oil

Global electric car sales to surge, expected to hit 17 million: IEA report

- With current policies in place, almost 1 in 3 cars on roads in China by 2030 is set to be electric, and nearly 1 in 5 in both US and EU, says IEA chief

23.04.2024 Electricity

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

Global oil production increases by 0.4% in March: Int. Energy Agency

- Agency predicts global oil demand will reach 103.17 million barrels per day (bpd) in 2024 and 104.31 million bpd in 2025

12.04.2024 Oil

Global supply in January posts sharpest monthly decline since Dec. 2022

- World oil supply is set to rise by 1.7 million barrels per day to record 103.8 million barrels per day in 2024, with non-OPEC+ providing 95% of increase

15.02.2024 Oil

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

Energy giants pledge $500 million to tackle climate change

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

European bank reveals Türkiye investment strategy for next 5 years

Turkish energy min. highlights importance of cooperation for renewable energy finance

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

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

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 daily power consumption down 1.8% on April 26

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