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Spot market electricity prices for Wednesday, April 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.9 billion Turkish liras

15:21 Electricity

Int. Energy Agency revises down oil demand growth forecast for 2025

- US and China account for roughly half of downgrade, with trade-oriented Asian economies making up majority of rest, says IEA

13:43 Oil

Bulgaria and Shell ink Black Sea hydrocarbon deal

- Shell and Bulgaria launch new phase of Black Sea exploration, signaling strategic push to develop domestic energy resources

11:52 General

US in talks with Saudi Arabia on nuclear technology agreement, says US energy secretary

- ‘I think in the short run, we’ll sign a broader agreement about cooperation across the energy space,’ says Chris Wright

14.04.2025 General

Türkiye, Iraq underline importance they attach to each other's political unity, sovereignty, and territorial integrity

- Countries reaffirm determination to enhance coordination and cooperation in military affairs, border security, counterterrorism, defense industry, energy, water, and Development Road Project

14.04.2025 General

South Korea, Australia agree to expand energy, minerals cooperation

- 2 countries to pursue joint efforts through G20, other forums to secure supply chains amid global uncertainty

14.04.2025 General

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $67.87 per barrel

11.04.2025 Oil

Mining to be next phase in Türkiye-Somalia energy relations, says Somalian minister

- Once legal procedures are complete, Turkish mining companies are welcome to explore deals in Somalia, says Somalia's petroleum and mineral resources minister

10.04.2025 Energy Diplomacy

AI to quadruple data center electricity demand by 2030: IEA

-'Global electricity demand from data centers is set to more than double over the next five years,' says IEA chief Fatih Birol

10.04.2025 Electricity

Trump's $350B energy call to EU seen as political lever by experts

- Experts argue that Trump's proposal is unrealistic and could pose energy security risks

10.04.2025 Energy Diplomacy

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Trump seeks to revive coal industry and reverse long-term decline with new orders

- Trump's new coal orders aim to revive industry, but data shows US coal production and use are hitting historic lows

10.04.2025 Coal

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

- Wind and solar power plants generate 62 TWh of electricity in 2024, beating domestic coal's 47 TWh, while solar power grew by a record 39% last year

10.04.2025 Wind Solar