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Turkey's daily power consumption down 15.71% on Jan. 19
- Turkey's electricity exports total 8,002 megawatt-hours, while imports amount to 4,551 megawatt-hours on Sunday
Turkey's Yavuz vessel starts another drilling in E. Med
- From Turkey's Tasucu port, Yavuz will start journey to destination to conduct drilling activities: Turkey's energy minister
Global oil supply falls in Dec. 2019
- Escalating tension in the Middle East intensifies concern over supply security
AA Editors' Desk to host Turkey's energy min. on Thurs.
- Fatih Donmez is expected to speak on Turkey's energy policy and projects
Turkey's daily power consumption up 2.4% on Jan. 14
- Turkey's electricity exports total 7,900 megawatt-hours, while imports amount to 1,638 megawatt-hours on Tuesday
Oil prices show slight loss as M. East tension calms
- Crude oil prices continue downward spiral on Monday after reporting more than 5% weekly decline on Friday
Spot market electricity prices for Sunday, Jan. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 120.27 million Turkish liras
Spot market natural gas prices for Friday, Jan. 3
- 1,000 cubic meters of natural gas in spot market costs 1,490 Turkish liras on Friday
US crude oil stocks decline for w/ending Dec. 27
- Commercial crude inventories decline by 11.5 million barrels
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US oil rig count falls by seven for week ending Jan. 3
- Oil rig count declines two consecutive week
Turkey's daily power consumption up 2.16% on Jan. 3
- Turkey's electricity exports total 7,494 megawatt-hours, while imports amount to 5,302 megawatt-hours on Friday
Spot market electricity prices for Thursday, Jan. 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 146.06 million Turkish liras
Spot market natural gas prices for Tuesday, Dec. 31
- 1,000 cubic meters of natural gas in spot market costs 1,452 Turkish liras on Tuesday
Turkey's daily power consumption down 6.5% on Dec. 31
- Turkey's electricity exports total 6,108 megawatt-hours, while imports amount to 12,528 megawatt-hours on Monday
Oil prices down slightly on last day of 2019
-US, China reaching a phase one trade deal encourages investors that global oil demand could be stronger in 2020
Oil rises slightly with OPEC's new output cut on Jan. 1
- Record sales in US also support prices with greater oil demand than expected in 2020
Turkey's licensed power generation up 0.4% in Oct.
- Installed electricity capacity increases 2.6% compared to October 2018
Spot market electricity prices for Wednesday, Dec. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 130.31 million Turkish liras
Spot market natural gas prices for Monday, Dec. 23
- 1,000 cubic meters of natural gas in spot market costs 1,425 Turkish liras on Monday
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SOCAR AQS opens Baku Drilling School in Azerbaijan
- Baku Drilling School unites leading oil and gas firms and educational institutions to train specialists in Caspian region
Turkey's daily power consumption up 14.4 % on Dec. 23
- Turkey's electricity exports total 2,998 megawatt-hours while imports amount to 12,888 megawatt-hours on Monday
Oil prices show slight down on week beginning Dec. 23
- Global oil price decreases despite US-China trade deal optimism
Economic downturn affects solar installations in India
- Annual target for financial year 2018-2019 set at 11 GW, out of which the sector installed around 6.5 GW, GlobalData says
Asia forecast to support global coal demand, IEA says
- Asia will sustain coal growth amid largest decline ever forecast in global coal power generation in 2019
Turkey's daily power consumption down 11% on Dec. 13
- Turkey's electricity exports amount to 8,299 megawatt-hours, while imports reach 7,739 megawatt-hours
Spot market electricity prices for Saturday, Dec. 14
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 118.99 million Turkish liras
Spot market natural gas prices for Thursday, Dec. 12
- 1,000 cubic meters of natural gas in spot market costs 1,421 Turkish liras on Thursday
Turkey's daily power consumption up 0.3% on Dec. 12
- Turkey's electricity exports amount to 9,812 megawatt-hours, while imports reach 9,029 megawatt-hours
Global oil production up in November 2019
-OPEC crude oil output shows month-on-month decrease of 193 thousand barrels per day to average 29.55 million barrels per day
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Spot market natural gas prices for Tuesday, Nov. 19
- 1,000 cubic meters of natural gas in spot market costs 1,411 Turkish liras on Tuesday
Spot market electricity prices for Thursday, Nov. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 129.60 million Turkish liras
Turkey's daily power consumption up 3.24% on Nov. 19
- Turkey's electricity exports amount to 8,564 megawatt-hours, while imports reach 8,546 megawatt-hours
Global number of electric cars hits 5 mln. in 2018: IEA
- Electric car sales up by 2 million in 2018, according to International Energy Agency
Global oil production up in October
- OPEC crude oil production reaches 29.9 million barrels per day but forecast for 2020 will see fall in demand
Global oil production up in October 2019
- In October, OPEC crude oil output shows increase of 943 thousand barrels per day to average 29.65 million barrels per day
Siemens Gamesa to supply 300 MW turbine plant in Taiwan
- Siemens Gamesa appoints preferred supplier for provision of turbines and service for offshore project in Taiwan
SOCAR AQS becomes Global Reporting Initiative member
- With Global Reporting Initiative Community membership, SOCAR AQS will apply high standards for transparency and reporting
Africa's influence in energy sector growing, IEA report
- 600 million people in Africa do not have access to electricity and 900 million lack access to clean cooking facilities
Oil industry needs $10.6 trillion investment up to 2040
- Upstream sector requires $8.1 trillion, while downstream and midstream need $1.4 trillion and $1 trillion between 2018-2040
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Global primary energy demand sees 2.3% rise in 2018
- Energy intensity improvement is slowest since 2010, slowdown represents a lost opportunity, Int. Energy Agency report says
Spot market electricity prices for Monday, Nov. 4
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 113.82 million Turkish liras
Spot market natural gas prices for Saturday, Nov. 2
- 1,000 cubic meters of natural gas in spot market costs 1,418 Turkish liras on Saturday
Turkey's daily power consumption down 6.40% on Nov. 2
- Turkey's electricity exports total 7,756 megawatt-hours while imports amount to 11,964 megawatt-hours on Saturday
SOCAR AQS completes well drilling in Bulla-Deniz field
- Bulla-Deniz field is one of the most challenging high pressure fields in the world
Turkey, Russia energy experts meeting to open in Istanbul
- Anadolu Agency, in cooperation with Russian TASS news agency, is hosting Wednesday's meeting to discuss natural gas
Multi million dollar investment for Turkey's gas storage
- SOCAR AQS will dig 40 wells to expand storage capacity of Salt Lake Natural Gas Storage Facility
Solar PV market set for growth over next 5 years: IEA
- Distributed solar PV to be key part of 50% increase in global renewable power capacity, according to IEA's report
Azerbaijan’s SOCAR AQS opens office in Turkish Capital
- SOCAR AQS to dig 40 wells to expand capacity of Salt Lake Natural Gas Storage Facility in Turkey
AA energy desk to host Turkey's Wind Energy Assoc. head
- Turkish wind energy sector developments, regulations, and future plans will be up for discussion
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Global oil production falls in September 2019
- OPEC crude oil production decreases by 1,318 million barrels per day to average 28.49 million, OPEC report says
US crude oil production breaks new record high
- Crude output reaches all-time high of 12.6 million barrels a day
Oil shale has dominant role in Estonia’s energy mix: IEA
- Using domestic sources provides Estonia, energy independence, but it also gives Estonia carbon intensity
Chevron sets new greenhouse gas reduction goals
- American multinational Chevron plans to reduce emission intensity from oil and natural gas production
Eni boosts investments in Australian solar projects
-Eni's new solar projects in Australia to supply clean energy to over 5,000 homes each year
Turkey's daily power consumption up 14.34% on Sep. 30
- Turkey’s electricity exports amount to 7,560 megawatt-hours, while imports reach 5,749 megawatt-hours on Monday
Eni, Mainstream to cooperate for large-scale renewables
- Eni, Mainstream will collaborate on power generation from renewable sources across Africa, U.K. and Southeast Asia
Spot market electricity prices for Sunday, Sept. 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 96.16 million Turkish liras
Spot market natural gas prices for Friday, Sept. 20
- 1,000 cubic meters of natural gas in spot market cost 1,502.19 Turkish liras on Friday
Oil rig count in US falls by 14 this week
- Number of US oil rigs falls to 719
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Turkey's daily power consumption falls 2.05% on Sep. 20
- Turkey's electricity exports reach 5,305 megawatt-hours while imports amount to 3,291 megawatt-hours on Friday
Equinor ramps up oil production in Gulf of Mexico
- Equinor plans to recover an estimated 150-175 million barrels of oil equivalent in St. Malo field
Google to expand global wind, solar stake via 18 deals
- These deals will increase Google's worldwide wind and solar energy portfolio by more than 40% to 5,500 megawatts
Turkey's daily power consumption up 0.33% on Sept. 18
- Turkey's electricity exports amount to 5,679 megawatt-hours while imports reach 3,484 megawatt-hours on Wednesday
Spot market electricity prices for Friday, Sept. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 136.01 million Turkish liras
Spot market natural gas prices for Wednesday, Sept. 18
- 1,000 cubic meters of natural gas in spot market cost 1,500.43 Turkish liras on Wednesday
US crude oil inventories rise for w/e Sep. 13
- Crude oil production unchanged at around 12.4 million barrels per day
Spot market electricity prices for Tuesday, Sept 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 142.45 million Turkish liras
Turkey's daily wind power generation hits record
- Nearly 19 percent of total electricity was generated from wind farms on Sunday
Spot market natural gas prices for Sunday, Sept 15
- 1,000 cubic meters of natural gas in spot market cost 1.460,48 Turkish liras on Sunday
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Turkey's daily power consumption down 11.61% on Sept. 15
- Turkey's electricity exports total 3,474 megawatt-hours while imports reach 7,636 megawatt-hours on Sunday
EU: Attack on Saudi oil facilities threat to security
- Drone attacks on Saudi oil facilities undermine ongoing work at de-escalation and dialogue, EU spokesperson says
Spot market natural gas prices for Friday, Sept 13
-1,000 cubic meters of natural gas in spot market cost 1,473.78 Turkish liras on Friday
Spot market electricity prices for Sunday, Sept 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 95.69 million Turkish liras
Oil rig count in US falls by 5 this week
- Number of US oil rigs retreats to 733
Turkey's daily power consumption down 2.04% on Sept. 13
- Turkey's electricity exports total 4,285 megawatt-hours while imports reach 4,818 megawatt-hours on Friday
Oil prices down to $60 at week ending Sept. 13
- Oil prices fall Friday due to OPEC's postponement of decision to agree further output cuts until next meeting in December
Global oil production rises in August
- OPEC production increases by 50 thousand barrels per day to 29.74 million, according to IEA report
US crude oil inventories fall for w/e Sept. 6
- Crude oil production unchanged at around 12.4 million barrels per day
Wind power industry tech. sees flat growth in Q2 2019
- Onshore wind industry becomes top category in wind technology for number of contracts in second quarter
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Global oil supply up in August 2019
- OPEC crude oil production in August increases by 136 thousand barrels per day to average 29.74 million barrels per day
European wind turbines need upgrades by 2028: WoodMac
-From 2019 to 2028, an average of 4 GW of turbines per year are reaching end-of-design-life
Turkey's Zorlu Energy establishes company in Palestine
- Company plans to install 1.8-megawatt solar power plant to meet Palestine's electricity needs
China’s natural gas output to double by 2040: WoodMac
- China’s imports will still grow long term, although country is set to become the world’s third largest gas producer by 2027
Eni discovers gas and condensates onshore Niger Delta
- Italian firm finds approx. 1 trillion cubic feet of gas and 60 million barrels of associated condensate in Niger Delta
OPEC reports 159% oil output conformity level in July
- OPEC's Joint Ministerial Monitoring Committee says oil market forecasts by major forecasters remains robust for 2019 & 2020
Indonesia's West Ganal Exploration Block awarded to Eni
- Gas resources in block estimated at 600 billion standard cubic feet
Three quarters of Nord Stream 2 pipeline complete
- Once completed, Nord Stream will have capacity to transport 55 billion cubic meters of gas per year from Russia to Europe
Oil up after Trump retaliates against China's tariffs
- Latest US-China trade action impacts global oil demand
Scandinavia’s largest offshore wind farm opens
- The Horns Rev 3 wind park will provide enough power for 425,000 Danish households
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Philippines boosts clean power to meet greater demand
- The country plans to increase its generation capacity and energy supply through domestic resources
Turkey's Energy Xchange hits record in spot gas trade
- Energy Exchange Istanbul (EXIST) data shows trade volume reached 29 million Turkish liras
Rosneft reports almost 9.1% net income rise in 1H19
- Reduction in trading liabilities and financial debt are main factors behind profit increase, says Rosneft
GE produces 500th wind turbine blade in Bergama, Turkey
- Bergama factory represents a $50 million commitment to Turkey
German E.ON invests in 440-megawatt wind farm in Texas
- Construction of wind farm, with over $500 million investment, will start at the end of the year
Offshore wind expects to increase by over 25% by 2030
- By end of 2018, cumulative global offshore wind installed capacity grew to 22,592 megawatts (MW) from 176 projects
Equinor buys share asset from Shell in Gulf of Mexico
- Equinor’s expands portfolio in the US Gulf of Mexico, and produces more than 130,000 barrels of oil per day
Oil prices show slight boost on week beginning Aug. 19
- Global oil price increases after strong economic data from US last week and ongoing tension in Middle East
Global oil supply up in July 2019
- OPEC crude oil production decreases by 246 thousand barrels per day to average 29.61 million barrels per day