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Turkey's first publicly-owned FSRU project inaugurated
- Ertugrul Gazi vessel will be able to meet 8.2% of daily natural gas capacity supplied to the grid system
Iran says US reconciled to lift oil, shipping sanctions
- Message of Iran's president to Washington on Monday calls for US return to full compliance with 2015 nuclear deal
Sustainable energy unsuitable for crypto miners: expert
- Miners are ideal customers for fossil fuels, which are cheap and source of constant power, expert says
Iraq to double its crude supply to Lebanon to 1 million tons per year
- Iraq's oil support decision was first agreed upon during visit in February to country by Lebanese Energy Minister
Libya eyes 62% oil output rise to 2.1 million barrels per day
- Country also aims to produce 4.1 bln. cubic feet per day of gas in onshore and offshore fields to meet increasing gas demand
Oil rig count in US remains unchanged this week
- Number of oil rigs stays at 359
US oil rig count up by 3 for week ending May 28
- Number of US oil rigs rise by 137 compared to one year ago
Syrian regime favors its supporters for oil and gas investments
- Energy sector turns into cost for Syrian regime, as country moves from being exporter to being importer, expert says
Iraq to invest $3 billion to prop up Basra Gas Company
- Iraq looks to boost its gas production for local power generation and also limit volume of gas lost to flaring
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Abu Dhabi National Energy Co. completes $1.5B bond sale
- Order book is four times oversubscribed with strong demand from Asian investors, setting stage for further orders from MENA
Saudi Arabia in talks to sell 1% stake in Aramco
- Firm's IPO is part of Vision 2030 initiative to steer country away from oil dependency
Delek to sell Israeli gas field stake to UAE's Mubadala
-If finalized, transaction will be largest commercial agreement since Israel and UAE agreed to normalize ties last year
Qatar Petroleum to solely own Qatargas 1 in 2022
- Qatargas 1 has production capacity of approximately 10 million tons of LNG per annum
Suez Canal route opening assures crude tankers safety
- Rescue efforts continue to float Panamanian container ship that is blocking traffic in one of world's busiest trade routes
Iraq awards drilling of 96 oil wells to Schlumberger
- Schlumberger bid for drilling work accepted at 14.4% less than forecast price of $561 million
Qatar Petroleum signs LNG deal with China's Sinopec
- China is main driver of growth in global LNG market, adopting increasingly progressive environmental policies
Egypt's EEZ could extend via maritime deal with Turkey
- Egypt will gain 21,500 square kilometers of its north-sea border if it reaches agreement with Turkey
Turkey eyes new record in gold production by 2021
- 'We intend to meet our objectives of producing 100 tonnes in next 5 years,' says Turkish Gold Miners Association President
Qatar awards EPC contract for North Field LNG to Samsung
- Contract, valued at more than $2B., is awarded on lump sum basis and is second major EPC contract award for NFE project
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Qatar to construct world's largest LNG project
- Project, one of largest energy investments over past years, will raise LNG production by 43% annually to 110 million tons
Indonesia detains Iranian and Panamanian oil tankers
- Iran, OPEC's second-largest oil producer, tries to bypass US sanctions to transfer oil
S. Arabia to invest $2.5 billion in Uzbekistan's energy
- Uzbekistan aims to generate 40% of electricity from renewable sources, constructing 30 solar and wind power plants by 2031
S. Arabia becomes largest oil supplier to China in 2020
- Saudi's oil exports to China amounts to approximately 1.69 million barrels per day in 2020, up 1.9% year over year
Libya records 92% loss of oil, gas revenues in 2020
- NOC struggles to control oil fields, storage tanks, pumping stations, pipelines and ports, and lacks money for repairs
Baghdad to pump oil to Beirut in 2021
- Volume of imports, which is not clear yet, will be limited to cover major part of Beirut's fuel needs to generate electricity
Qatargas delivers first commercial LNG to Philippines
- Achievement will enable transport of considerable volumes as efficiently as possible into key markets, says Qatargas CEO
How aftermath of Gulf crisis will shape energy trade
- Lifting of blockade will save Qatar extra shipping costs of oil and LNG exports, and pave way for energy deals, expert says
TurkStream celebrates first anniversary of its launch
- Since start of TurkStream's operation, Gazprom has increased throughput of pipeline by 2.2 times, Alexey Miller says
Turkey's gold production set to break records in 2021
- Despite pandemic, production target is achieved by prioritizing work safety and environmental responsibility
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Esenboga Elektrik pays in full for 11 solar power plants
- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants
Iran reverts to normal gas flow rates to Iraq
- Oil-rich Iraq is suffering from major electricity crisis following drastic reduction in natural gas supplies from Iran
Spot market electricity prices for Wednesday, Dec. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.52 million Turkish liras
Spot market natural gas prices for Monday, Dec. 14
- 1,000 cubic meters of natural gas on spot market costs 1,320 Turkish liras
Jordan finds promising gas reserves near Iraq border
- Exploration & drilling in Risha field expected to lead to huge gas discovery to help reduce Jordan's energy dependence
Aramco, Baker Hughes form JV for non-metallic products
- Facility to produce onshore non-metallic pipelines, including reinforced thermoplastic pipes from composite materials
Esenboga Elektrik purchases 11 solar power plants
- Approx. 20 million kWh of solar energy, $2.66M of sales revenue and $2.5M of net income are expected in 2021 from plants
India eyes resuming oil imports from Iran and Venezuela
- India major buyer of Iranian and Venezuelan oil before US imposes sanctions
Turkey's daily power consumption down 10.7% on Nov. 29
- Electricity exports amount to 14,525 megawatt-hours, while imports total 150 megawatt-hours
Spot market electricity prices for Saturday, Nov. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162.2 million Turkish liras
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Spot market natural gas prices for Thursday, Nov. 19
- 1,000 cubic meters of natural gas on spot market costs 1,348 Turkish liras
Turkey's daily power consumption up 1.94 % on Nov. 19
- Electricity exports amount to 9,409 megawatt-hours, while imports total 478 megawatt-hours
Spot market electricity prices for Wednesday, Nov. 18
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 181.59 million Turkish liras
Spot market natural gas prices for Monday, Nov. 16
- 1,000 cubic meters of natural gas on spot market costs 1,347 Turkish liras
Oil, gas discoveries resilient in 2020 despite pandemic
- In discovery volumes, Russia’s Gazprom leads with total discovery of 1.51 billion barrels of oil equiv.: Rystad Energy
Qatargas to ship 1st LNG to China's Tianjin Terminal
- Al Mafyar is first Q-Max LNG vessel to call at Tianjin LNG receiving terminal
Turkey's daily power consumption up 14% on Nov. 16
- Electricity exports amount to 10,311 megawatt-hours, while imports total 678 megawatt-hours
Spot market electricity prices for Tuesday, Nov. 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 151.32 million Turkish liras
Spot market natural gas prices for Sunday, Nov. 8
- 1,000 cubic meters of natural gas on spot market costs 1,423 Turkish liras
Turkey's daily power consumption down 11.8% on Nov. 8
- Electricity exports amount to 10,318 megawatt-hours while imports reach 150 megawatt-hours
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Spot market electricity prices for Tuesday, Nov. 3
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 160.5 million Turkish liras
Spot market natural gas prices for Sunday, Nov. 1
- 1,000 cubic meters of natural gas on spot market costs 1,389 Turkish liras
Turkey's daily power consumption down 9.4% on Nov. 1
- Electricity exports amount to 11,565 megawatt-hours while imports reach 8,225 megawatt-hours
Spot market natural gas prices for Sunday, Oct. 25
- 1,000 cubic meters of natural gas on spot market costs 1,320 Turkish liras
Spot market electricity prices for Tuesday Oct. 27
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 151.3 million Turkish liras
Turkey's daily power consumption down 10.3% on Oct. 25
- Electricity exports amount to 11,979 megawatt-hours while imports reach 4,776 megawatt-hours
Spot market electricity prices for Saturday Oct. 24
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 155.48 million Turkish liras
Spot market natural gas prices for Thursday, Oct. 22
- 1,000 cubic meters of natural gas on spot market costs 1,312 Turkish liras
Turkey's daily power consumption down 0.82% on Oct. 22
- Electricity exports amount to 11,411 megawatt-hours while imports reach 728 megawatt-hours
Spot market electricity prices for Thursday Oct. 22
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 155.2 million Turkish liras
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Spot market natural gas prices for Tuesday, Oct. 20
- 1,000 cubic meters of natural gas on spot market costs 1,312 Turkish liras
Turkey's daily power consumption up 2.35% on Oct. 20
- Electricity exports amount to 11,428 megawatt-hours while imports reach 21 megawatt-hours
Spot market electricity prices for Saturday Oct. 17
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 150.31 million Turkish liras
Spot market natural gas prices for Thursday, Oct. 15
- 1,000 cubic meters of natural gas on spot market costs 1,312 Turkish liras
Turkey's daily power consumption down 0.24% on Oct. 15
- Electricity exports amount to 9,868 megawatt-hours while imports reach 161 megawatt-hours
Spot market electricity prices for Friday, Oct. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 175.33 million Turkish liras
Spot market natural gas prices for Wednesday, Oct. 14
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
Turkey's daily power consumption up 15.4% on Oct. 12
- Electricity exports amount to 10,458 megawatt-hours while imports reach 749 megawatt-hours
Spot market electricity prices for Saturday, Oct. 10
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.5 million Turkish liras
Spot market natural gas prices for Thursday, Oct. 8
- 1,000 cubic meters of natural gas on spot market costs 1,301 Turkish liras
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Turkey's daily power consumption down 1.18% on Oct. 8
- Electricity exports amount to 9,895 megawatt-hours while imports reach 1,022 megawatt-hours
Spot market electricity prices for Saturday, Oct. 3
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 169.5 million Turkish liras
Spot market natural gas prices for Thursday, Oct. 1
- 1,000 cubic meters of natural gas on spot market costs 1,325 Turkish liras
Turkey's daily power consumption down 1.6% on Oct. 1
- Electricity exports amount to 8,690 megawatt-hours while imports reach 805 megawatt-hours
Spot market electricity prices for Tuesday, Sept. 29
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 184.63 million Turkish liras
Spot market natural gas prices for Sunday, Sept. 27
- 1,000 cubic meters of natural gas on spot market costs 1,353 Turkish liras
Turkey's daily power consumption down 10.2% on Sept. 27
- Electricity exports amount to 6,577 megawatt-hours while imports reach 5,879 megawatt-hours
Spot market electricity prices for Wednesday, Sept. 23
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 169.19 million Turkish liras
Spot market natural gas prices for Monday, Sept. 21
- 1,000 cubic meters of natural gas on spot market costs 1,336 Turkish liras
Turkey's daily power consumption up 12.1% on Sept. 21
- Electricity exports amount to 8,358 megawatt-hours while imports reach 125 megawatt-hours
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Spot market electricity prices for Saturday, Sept. 5
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.6 million Turkish liras
Spot market natural gas prices for Thursday, Sept. 3
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
Turkey's daily power consumption up 0.75 % on Sept. 3
- Electricity exports amount to 9,655 megawatt-hours while imports reach 2,898 megawatt-hours
Spot market electricity prices for Wednesday, Sept. 2
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 217.9 million Turkish liras
Spot market natural gas prices for Monday, Aug. 31
- 1,000 cubic meters of natural gas on spot market costs 1,309 Turkish liras
Turkey's daily power consumption up 15.6 % on Aug. 31
- Turkey's electricity exports amount to 5,871 megawatt-hours while imports reach 1,191 megawatt-hours
Spot market electricity prices for Tuesday, Sept. 1
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 201.2 million Turkish liras
Spot market natural gas prices for Sunday, Aug. 30
- 1,000 cubic meters of natural gas on spot market costs 1,305 Turkish liras
Turkey's daily power consumption down 10.5% on Aug. 30
- Turkey's electricity exports amount to 4,514 megawatt-hours while imports reach 3,286 megawatt-hours
Spot market electricity prices for Friday, Aug. 28
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 184.4 million Turkish liras
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Spot market natural gas prices for Wednesday, Aug. 26
- 1,000 cubic meters of natural gas on spot market costs 1,309 Turkish liras
Turkey's daily power consumption up 0.26% on Aug. 26
- Turkey's electricity exports amount to 5,282 megawatt-hours, while imports reach 2,317 megawatt-hours
Al-Sisi used as pawn against Turkey in East Med: Expert
- Sisi government chooses to protect regime, not Egyptian people's interests by opposing Turkish vision in East Med: expert
Spot market electricity prices for Wednesday, August 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 180.53 million Turkish liras
Spot market natural gas prices for Monday, August 17
- 1,000 cubic meters of natural gas on spot market costs 1,310 Turkish liras
Turkey's daily power consumption up 13.1% on August 17
- Turkey's electricity exports amount to 4,013 megawatt-hours, while imports reach 1,645 megawatt-hours
Spot market electricity prices for Thursday, August 13
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 176.06 million Turkish liras
Spot market natural gas prices for Tuesday, August 11
- 1,000 cubic meters of natural gas on spot market costs 1,371 Turkish liras
Turkey's daily power consumption up 3.43% on August 11
- Turkey's electricity exports amount to 4,257 megawatt-hours, while imports reach 1,566 megawatt-hours