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Oil prices down ahead of US Fed interest rate decision
- Ongoing tensions in the Middle East and Eastern Europe cap price hike
Oil price rises on growing geopolitical tensions and tight supply
- Experts say if geopolitical tensions increase further, major oil price escalation can be expected
Spot market natural gas prices for Sunday, Jan. 23
- 1,000 cubic meters of natural gas on spot market costs 10,088.97 Turkish liras
Spot market electricity prices for Tuesday, Jan. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 563.56 million Turkish liras
Turkiye's daily power consumption down 9.04% on Jan. 23
- Electricity exports amount to 15,398 megawatt-hours and imports total 16,635 megawatt-hours
Oil prices end week with losses on high US gasoline stockpile
- Oil prices reach highest levels in seven years on Wednesday pushed by geopolitical tensions and supply disruptions
Oil retreats on end to some supply woes, demand concerns from omicron
- Oil flow restarts on pipeline carrying oil from northern Iraq to Turkiye's southern port of Ceyhan
Spot market electricity prices for Wednesday, Jan. 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 695.14 million Turkish liras
Spot market natural gas prices for Monday, Jan. 17
- 1,000 cubic meters of natural gas on spot market costs 10,077 Turkish liras
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> Zeynep Beyza Karabay
Spot market natural gas prices for Saturday, Jan. 15
- 1,000 cubic meters of natural gas on spot market costs 10,088 Turkish liras
Spot market electricity prices for Monday, Jan. 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 643.28 million Turkish liras
Turkiye's daily power consumption down 5.03% on Jan. 15
- Electricity exports amount to 16,511 megawatt-hours and imports totaled 18,089 megawatt-hours
Older people in UK struggling to pay astronomical energy bills
- Age UK charity demands immediate government action to prevent millions more falling into fuel poverty
Turkish Petroleum completes successful gas flow testing in Turkali-1 well in Black Sea
- Potential gas production is expected to be approximately 2.7 million cubic meters per day
34.8 billion cubic meters of gas carried through TurkStream in 2 years
- Pipeline was inaugurated on January 8, 2020
Spot market natural gas prices for Thursday, Jan. 6
- 1,000 cubic meters of natural gas on spot market costs 10,088 Turkish liras
Spot market electricity prices for Saturday, Jan. 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 753.64 million Turkish liras
Turkiye opens Europe's 1st carbon-negative integrated biorefinery facility
- Facility to produce different value-added products for energy, health, food, agriculture and animal husbandry sectors
Turkiye's daily power consumption down 0.37% on Jan. 6
- Electricity exports amount to 10,239 megawatt-hours and imports total 9,498 megawatt-hours
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Gazprom and Turkiye's BOTAS sign four-year gas deal
- Agreement will cover supply of 5.75 billion cubic meters (bcm) of gas a year to BOTAS via TurkStream pipeline
Volatile energy markets force Uniper to seek financial aid
- Natural gas prices in Europe increase by over 900% since January reaching €187 per megawatt-hour on Dec. 21
Global oil prices fall amid lower demand concerns
- Brent price declines on Wednesday after surpassing $80 per barrel following OPEC+ Tuesday meeting
Spot market electricity prices for Monday, Jan. 3
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 627.42 million Turkish liras
Spot market natural gas prices for Saturday, Jan. 1
- 1,000 cubic meters of natural gas on spot market costs 10,087 Turkish liras
Turkey's daily power consumption up 16.9% on Jan. 1
- Electricity exports amount to 12,784 megawatt-hours and imports total 15,998 megawatt-hours
Turkey's daily power consumption up 0.5% on Dec. 28
- Electricity exports amount to 10,042 megawatt-hours and imports total 9,648 megawatt-hours
Spot market electricity prices for Thursday, Dec. 30
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 568.27 million Turkish liras
Spot market natural gas prices for Tuesday, Dec. 28
- 1,000 cubic meters of natural gas on spot market costs 6,924 Turkish liras
Turkey's boron sales reach record $1 billion in 2021
- Turkey holds a share of 62% of sales in boron market globally
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Spot market natural gas prices for Saturday, Dec. 25
- 1,000 cubic meters of natural gas on spot market costs 6,924 Turkish liras
Spot market electricity prices for Monday, Dec. 27
Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 557.13 million Turkish liras
Turkey's daily power consumption down 4.19% on Dec. 25
- Electricity exports amount to 14,066 megawatt-hours and imports total 17,676 megawatt-hours
Weaker dollar and lower crude stocks push oil prices higher
- Oil stocks decrease by 4.7 million barrels last week to approximately 423.6 million barrels, US Energy Information Administration data shows
Turkey's daily power consumption up 15.18% on Dec. 20
- Electricity exports amount to 9,699 megawatt-hours and imports total 11,250 megawatt-hours
Lower demand pushes global oil prices down
- Spread of Omicron variant impacts demand with Spain now becoming one of the high-risk countries
Oil prices rise on strong crude and gasoline demand in US
- US commercial crude oil stocks drop by 4.6 million barrels in week ending Dec. 10, exceeding expectations of 2.6 million-barrel fall
Turkey aims to boost domestic production of wind turbine parts
- Country also exports wind energy equipment to 45 countries in six continents
Spot market electricity prices for Wednesday, Dec. 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 576.63 million Turkish liras
Spot market natural gas prices for Monday, Dec. 13
- 1,000 cubic meters of natural gas on spot market costs 6,327 Turkish liras
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Turkey's daily power consumption up 15.23% on Dec. 13
- Electricity exports amount to 8,973 megawatt-hours and imports total 11,648 megawatt-hours
Germany holds off approval of Nord Stream 2 gas pipeline
- Kremlin Press Secretary calls for patience while awaiting license approval
Shell and QatarEnergy enter new partnership in Red Sea blocks
- Shell has operated Block 3 and Block 4 of the Egyptian Red Sea since late 2019
Spot market natural gas prices for Sunday, Dec. 5
- 1,000 cubic meters of natural gas on spot market costs 6,777 Turkish liras
Spot market electricity prices for Tuesday, Dec. 7
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 528.78 million Turkish liras
Turkey's daily power consumption down 10.7% on Dec. 5
- Electricity exports amount to 10,610 megawatt-hours and imports total 12,805 megawatt-hours
$812 million finance deal signed for Turkey's largest solar power plant
- Currently, 550 megawatts of installed capacity is completed for Karapınar Solar Power Plant Project
Turkey's energy import bill up 159.3% in October 2021
- Country's crude oil imports show 1.76% up compared to October 2020
Turkey's fourth drill ship to start operations in summer 2022
- Natural gas production up to October this year amounts to 347.3 million cubic meters
Oil up, awaiting strategic oil reserve release impacts
- OPEC+ will meet next week to discuss oil demand and supply
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Spot market electricity prices for Thursday, Nov. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 548.47 million Turkish liras
Turkey's daily power consumption up 3.08% on Nov. 23
- Electricity exports amount to 11,447 megawatt-hours and imports total 8,979 megawatt-hours
Subsea gas pipeline to be laid in Turkey's Sakarya field in spring 2022
- Country's fourth drill ship is scheduled to reach Turkey by next spring
Spot market electricity prices for Saturday, Nov. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 427.42 million Turkish liras
Spot market natural gas prices for Thursday, Nov. 18
- 1,000 cubic meters of natural gas on spot market costs 4,649 Turkish liras
Turkey's daily power consumption up 0.97% on Nov. 18
- Electricity exports amount to 11,589 megawatt-hours and imports total 9,736 megawatt-hours
Oil price fall continues after US calls on major oil consumers to release reserves
- Experts question whether pumping more oil will be enough to lower oil prices in long term
Saipem contracted to transport, install pipeline in Turkey's Sakarya Gas Field
- Saipem awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million
Turkey's mineral exports reach $4.38 billion in first 9 months of 2021
- Turkey has 80 of 90 minerals produced globally
Global oil output rises by 1.45% in October
- International Energy Agency keeps forecast unchanged for increase in global oil demand for this year and next year
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Turkey's daily power consumption up 14.4% on Nov. 15
- Electricity exports amount to 12,545 megawatt-hours and imports total 10,150 megawatt-hours
Oil prices increase with tight inventories
- Sector is awaiting International Energy Agency's (IEA) monthly oil market report due later in the day
Spot market natural gas prices for Thursday, Nov. 11
- 1,000 cubic meters of natural gas on spot market costs 4,605 Turkish liras
Spot market electricity prices for Saturday, Nov. 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 445.57 million Turkish liras
Spot market natural gas prices for Tuesday, Nov. 9
- 1,000 cubic meters of natural gas on spot market costs 4,605 Turkish liras
Spot market electricity prices for Thursday, Nov. 11
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 438.97 million Turkish liras
Turkey's daily power consumption up 3.16% on Nov. 9
- Electricity exports amount to 6,394 megawatt-hours and imports total 7,455 megawatt-hours
Spot market natural gas prices for Saturday, Nov. 6
- 1,000 cubic meters of natural gas on spot market costs 4,587 Turkish liras
Spot market electricity prices for Monday, Nov. 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 490.48 million Turkish liras
Turkey's daily power consumption down 3.2% on Nov. 6
- Electricity exports amount to 12,997 megawatt-hours and imports total 16,303 megawatt-hours
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Spot market electricity prices for Friday, Nov. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 444.40 million Turkish liras
Spot market natural gas prices for Wednesday, Nov. 3
- 1,000 cubic meters of natural gas on spot market costs 4,624 Turkish liras
Turkey's daily power consumption down 0.49% on Nov. 3
- Electricity exports amount to 11,426 megawatt-hours and imports totaled 11,659 megawatt-hours
Spot market natural gas prices for Friday, Oct. 29
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Spot market electricity prices for Sunday, Oct. 31
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 311.75 million Turkish liras
Turkey's daily power consumption down 5.9% on Oct. 29
- Electricity exports amount to 9,660 megawatt-hours and imports total 9,494 megawatt-hours
US oil rig count up by 2 for week ending Oct. 29
- Number of US oil rigs rise by 248 compared to one year ago
Turkey's energy import bill up 65.7% in September 2021
- Country's crude oil imports show 16.6% drop compared to September 2020
Spot market natural gas prices for Saturday, Oct. 23
- 1,000 cubic meters of natural gas on spot market costs 3,424 Turkish liras
Spot market electricity prices for Monday, Oct. 25
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 349.76 million Turkish liras
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Turkey's daily power consumption down 3.89% on Oct. 23
- Electricity exports amount to 13,862 megawatt-hours and imports total 15,189 megawatt-hours
Turkey, Nigeria sign energy, hydrocarbons and mining MoUs
- Total of seven memorandums signed between two countries, three of which are in energy sector
Germany has EU's highest power bill in 1H21
- Netherlands consumed the most expensive natural gas at €9.61 per 100 kilowatt-hours
Europe turning to nuclear power amid global energy price increase
- EU Commission due to announce its final list of green investments in a few months
Spot market natural gas prices for Wednesday, Oct. 13
- 1,000 cubic meters of natural gas on spot market costs 3,103 Turkish liras
Spot market electricity prices for Friday, Oct. 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 341.74 million Turkish liras
Turkey's daily power consumption down 0.12% on Oct. 13
- Electricity exports amount to 15,816 megawatt-hours, while imports total 14,058 megawatt-hours
Spot market natural gas prices for Friday, Oct. 8
- 1,000 cubic meters of natural gas on spot market costs 2,996 Turkish liras
Spot market electricity prices for Sunday, Oct. 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 282.47 million Turkish liras
Turkey's daily power consumption down by 0.22% on Oct. 8
- Electricity exports amount to 14,658 megawatt-hours, while imports total 11,736 megawatt-hours
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Turkey, Nigeria plan to sign deals on hydrocarbons, mining, energy sectors
- Trade volume between Turkey and Nigeria reaches $2 billion at end of 2020
Spot market natural gas prices for Wednesday, Oct. 6
- 1,000 cubic meters of natural gas on spot market costs 2,482 Turkish liras
Spot market electricity prices for Friday, Oct. 8
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 360.34 million Turkish liras
Turkey's daily power consumption down by 0.22% on Oct. 6
- Electricity exports amount to 15,620 megawatt-hours, while imports total 7,720 megawatt-hours
European coal price up with gas shortage, low renewable generation and China-Australia tension
- China's reasoning for changing coal suppliers is more political than anything else, said Brian Ricketts, EURACOAL Secretary General
Turkey's energy import bill up 104% in August 2021
- Overall energy import bill increases in August due to rise in country's industrial production
Spot market electricity prices for Tuesday, Sept. 28
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 306.2 million Turkish liras
Spot market natural gas prices for Sunday, Sept. 26
- 1,000 cubic meters of natural gas on spot market costs 2,482 Turkish liras
Turkey's daily power consumption down 10.5% on Sept. 26
- Electricity exports amount to 15,907 megawatt-hours, while imports total 10,342 megawatt-hours