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Anadolu Agency Anadolu Agency
  • Anadolu Agency
  • Electricity
    • Nuclear
      Global electricity generation from renewables and nuclear surpasses 41% in 2024

      Global electricity generation from renewables and nuclear surpasses 41% in 2024

      Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

      Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

      Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

      Russia, Ukraine accuse each other of disrupting IAEA rotation at Zaporizhzhia plant

      Heads of Russian, UN nuclear watchdogs start meeting in Moscow

      Heads of Russian, UN nuclear watchdogs start meeting in Moscow

    • Thermal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Türkiye's daily power consumption down 1.8% on April 26

      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 up 16.7% on May 22

      Türkiye's daily power consumption increases 1.2% on May 10

      Türkiye's daily power consumption increases 1.2% on May 10

    • Coal
      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Global carbon emission storage facilities double in 5 years

      Global carbon emission storage facilities double in 5 years

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

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

      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

  • Natural Gas
    • Upstream
      Spot market natural gas prices for Tuesday, Nov. 5

      Spot market natural gas prices for Tuesday, Nov. 5

      Global natural gas investments to reach almost $9 trillion by 2050

      Global natural gas investments to reach almost $9 trillion by 2050

      Spot market natural gas prices for Thursday, Jan. 5

      Spot market natural gas prices for Thursday, Jan. 5

      Turkish president announces more gas reserves found in Black Sea

      Turkish president announces more gas reserves found in Black Sea

    • Downstream
      Spot market natural gas prices for Thursday, April 17

      Spot market natural gas prices for Thursday, April 17

      Türkiye's natural gas imports up 17.7% in October

      Türkiye's natural gas imports up 17.7% in October

      Costs double as oil and gas discoveries decline in global markets

      Costs double as oil and gas discoveries decline in global markets

      Global gas production to increase by around 32% by 2050

      Global gas production to increase by around 32% by 2050

    • Lng/Lpg
      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

      Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

      Türkiye's LPG production down 4.2% in January

      Türkiye's LPG production down 4.2% in January

      Utilisation of EU LNG terminal plunges to 42% in 2024

      Utilisation of EU LNG terminal plunges to 42% in 2024

      Europe LNG imports hit 3-year low in 2024: Report

      Europe LNG imports hit 3-year low in 2024: Report

  • Oil
    • Upstream
      Oil production in Türkiye's eastern region breaks first record in 2024

      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

      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 crude oil inventories down 1% for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

      US oil rig count up for week ending Dec. 8

    • Downstream
      US oil rig count down by 6 for week ending June 28

      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 dives as weak US inflation data dashes hopes for interest rate cuts

      Oil rebounds over US plans to refill emergency stockpiles

      Oil rebounds over US plans to refill emergency stockpiles

      US crude oil inventories down 1% for week ending Dec. 1

      US crude oil inventories down 1% for week ending Dec. 1

    • Refining/Petro Chemistry
      US oil rig count down by 9 for week ending April 11

      US oil rig count down by 9 for week ending April 11

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

      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

      Oil prices rise in week ending Aug.30 amid falling US inventories

  • Renewable
    • Wind
      Global wind power capacity sees record growth in 2024

      Global wind power capacity sees record growth in 2024

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

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

      Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen

      Türkiye showcases its wind energy potential at WindEurope 2025 in Copenhagen

      Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.

      Türkiye's wind energy sector poised for steady growth: head of Turkish Wind Energy Assoc.

    • Solar
      China set to surpass 50% of global solar capacity in 2025

      China set to surpass 50% of global solar capacity in 2025

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

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

      Türkiye's installed solar power capacity exceeds 20,000 MW

      Türkiye's installed solar power capacity exceeds 20,000 MW

      Türkiye awards six contracts for 800 MW solar projects

      Türkiye awards six contracts for 800 MW solar projects

    • Hydro
      Hydropower's role expands amid soaring global electricity demand

      Hydropower's role expands amid soaring global electricity demand

      China set to build world's largest dam in Tibet

      China set to build world's largest dam in Tibet

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

      TotalEnergies expands renewables portfolio with hydropower deals across Africa

      Türkiye leads Europe with highest rise in hydropower capacity last year

      Türkiye leads Europe with highest rise in hydropower capacity last year

    • Geothermal/Biomass
      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Taiwan starts drilling of 1st deep geothermal well

      Taiwan starts drilling of 1st deep geothermal well

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

  • Finance
    • Türkiye's energy bill burden to ease with declining oil prices: Experts

      Türkiye's energy bill burden to ease with declining oil prices: Experts

      Oil prices rise amid US trade policies, Trump's criticism of Fed

      Oil prices rise amid US trade policies, Trump's criticism of Fed

      US oil rig count up by 1 for week ending April 17

      US oil rig count up by 1 for week ending April 17

      Türkiye could slash emissions, double economic gains by 2053 through energy efficiency

      Türkiye could slash emissions, double economic gains by 2053 through energy efficiency

      Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"

      Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"

  • Regulation
    • Oil
      OPEC+ agrees to extend group-wide output cuts into 2025

      OPEC+ agrees to extend group-wide output cuts into 2025

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      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

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

    • Electricity
      Spot market electricity prices for Sunday, Dec. 3

      Spot market electricity prices for Sunday, Dec. 3

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      Spot market electricity prices for Thursday, June 8

      Spot market electricity prices for Thursday, June 8

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

    • Natural Gas
      Spot market natural gas prices for Friday, Dec. 1

      Spot market natural gas prices for Friday, Dec. 1

      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

    • Renewable
      UK vows energy cooperation with US despite climate policy rift: Energy minister

      UK vows energy cooperation with US despite climate policy rift: Energy minister

      Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125

      Türkiye's wind, solar energy share in installed electricity capacity reaches 30% in Q125

      Türkiye's renewable share in electricity capacity rises to 60%

      Türkiye's renewable share in electricity capacity rises to 60%

      Global leaders of energy sector to convene at İstanbul Energy Forum

      Global leaders of energy sector to convene at İstanbul Energy Forum

    • LPG
      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production up 15% in December 2023

      Türkiye's LPG production up 15% in December 2023

      Türkiye's LPG production up 6.69% in November 2023

      Türkiye's LPG production up 6.69% in November 2023

  • Energy Diplomacy
    • Energy Security
      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Europe's natural gas storage capacity drops below 50%

      Europe's natural gas storage capacity drops below 50%

    • International Relations
      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Albania, Italy, UAE sign deal on green energy cooperation

      Albania, Italy, UAE sign deal on green energy cooperation

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

      Türkiye, UK partner on ‘Energy and Climate Dialogue’

    • International Organization
      Trump's victory shifts focus to US climate, trade policies

      Trump's victory shifts focus to US climate, trade policies

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      US energy agency revises down Brent price forecast for 2024

      US energy agency revises down Brent price forecast for 2024

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

    • Energy Projects
      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Exclusive - Iran's oil halt pushes Syria toward new regional cooperation

      Exclusive - Iran's oil halt pushes Syria toward new regional cooperation

  • other
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Bitcoin jumps 12 percent to all-time high

- Value of digital currency reaches $5,391 following reports that China will resume trading in bitcoin with more regulation

home > Finance, Regulation 13.10.2017 19:09 Sistem Kullanıcısı

Bitcoin jumps 12 percent to all-time high

The value of the digital currency bitcoin soared 12 percent Thursday to an all-time high after reports suggested Chinese authorities may not completely ban cryptocurrencies.

Bitcoin reached as high as $5,391, according to global financial website investing.com.

The cryptocurrency has risen 17 percent this week, 24 percent since the beginning of the month and 454 percent year-to-date, data compiled from investing.com showed.

Last month, China’s government banned cryptocurrency exchanges, causing Bitcoin’s value to drop below $3,000 in mid-September. It also banned initial coin offerings, a means of raising funds by selling off new digital tokens.

China’s state-owned Xinhua news agency recently reported that the Chinese government is concerned about criminal activities involving cryptocurrencies such as Bitcoin, noting that cryptocurrencies have become the “top choice” for underground economies.

Bitcoin’s sudden rise in value came after the website cryptocoinnews.com said Wednesday that China would resume trading of Bitcoin and other cryptocurrencies with more regulation, citing a report from Xinhua. It said this may include new licensing and anti-money laundering regulations to be implemented by exchanges.

Bitcoin is a form of digital currency, created and held electronically. No one controls it. It is called the first decentralized digital currency, as the system works without a central repository or single administrator.

By Ovunc Kutlu in New York

Anadolu Agency

energy@aa.com.tr


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Türkiye's energy bill burden to ease with declining oil prices: Experts

- Since April 2 — dubbed 'liberation day' by Trump — Brent crude sheds 10.5%, or roughly $7.80 per barrel, while WTI crude loses 10.7%, or around $7.60
27.04.2025 Oil , Finance

Oil prices rise amid US trade policies, Trump's criticism of Fed

- Weakening of dollar is boosting demand appetite among market players, supporting upward movement in oil prices
24.04.2025 Oil , Finance

US oil rig count up by 1 for week ending April 17

- Number of US oil rigs fall by 30 compared to one year ago
22.04.2025 Oil , Finance

Türkiye could slash emissions, double economic gains by 2053 through energy efficiency

- With strengthened efficiency policies, Türkiye can boost domestic energy supply to 90% by 2053, new report by IICEC reveals
23.04.2025 Electricity , Renewable , Finance

Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"

- Once project is implemented, transmission systems will be modernized, production infrastructure will operate more efficiently, and energy security will increase, Türkiye's energy minister said
05.04.2025 Electricity , Finance , Energy Diplomacy

Turkish Wind Energy Association to promote Türkiye's wind potential to wider audience in Denmark

- Over 550 companies to showcase their latest products and services at WindEurope event, TWEA says
04.04.2025 Finance , Wind , Energy Diplomacy

Türkiye's electricity generation from renewables reaches nearly half of total production in Q1 2025

- Electricity generation in the first three months of 2025 reached a total of 86.5 million MWh, with 35 MWh coming from renewable sources
04.04.2025 Electricity , Renewable , Finance

Int. Energy Agency says energy innovation slowing despite potential

-'We require investment, both public and private, to scale up innovative solutions,' says Fatih Birol, head of IEA
03.04.2025 Electricity , Oil , Renewable , Finance

Spot market electricity prices for Sunday, March 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 875.65 million Turkish liras
15.03.2025 Electricity , Finance

US oil rig count up by 1 for week ending March 14

- Number of US oil rigs down by 23 compared to one year ago
18.03.2025 Oil , Finance

Türkiye's daily power consumption up 0.03% on March 12

- Electricity exports amount to 14,634 megawatt-hours and imports total 1,269 megawatt-hours
14.03.2025 Electricity , Finance

Syria, Saudi energy company discuss cooperation in agricultural sector

- Two sides discuss 'ways to rehabilitate agricultural infrastructure to build integrated projects that contribute to greater investment and the creation of new job opportunities'
13.03.2025 Finance , Energy Projects

OPEC daily crude output up 0.6% in February

- Global oil demand growth forecast for 2025 remains unchanged at 1.45 million barrels per day
14.03.2025 Oil , Finance

Hydropower leads Türkiye's renewable production in early 2025

- Türkiye's total installed electricity capacity is nearing 117,000 megawatts, with dam-based hydroelectric power plants accounting for 20.4%
14.03.2025 Electricity , Finance

Türkiye ranks 3rd in Europe for onshore wind energy capacity increase

- Europe adds 13.8 GW of new onshore energy capacity in 2024, WindEurope says
13.03.2025 Finance , Wind

Daily oil production in Gabar reaches 78,000 barrels, Türkiye's energy minister says

- Over 3,000 jobs and 78,000 barrels of daily oil production represent a major step in Türkiye's journey toward energy independence
08.03.2025 Oil , Finance

Europe's wind energy capacity increases by 16.4 GW in 2024

- Total capacity reaches 285 GW with Germany leading the increase
28.02.2025 Finance , Wind , Energy Diplomacy

Türkiye's daily consumption of natural gas hits record high on Monday

- Previously, Türkiye sets record on February 7 with a daily consumption of 300 million cubic meters
28.02.2025 Natural Gas , Finance

AI will play significant role in enhancing energy generation, consumption processes: Expert

- Artificial intelligence utilized in smart grids, energy demand management, pre-fault detection in power plants, and maintenance and repair
22.02.2025 Electricity , Finance , General

Türkiye to install 1 GW wind energy capacity in 2025

- After 2026, energy storage systems to debut, enhancing grid stability and optimizing use of wind energy
21.02.2025 Electricity , Finance , Wind

Türkiye's installed solar power capacity exceeds 20,000 MW

- Share of solar energy in Türkiye's total electricity installed capacity reaches 17.5%
18.02.2025 Renewable , Finance , Solar

US, Japan, South Korea vow to bolster trilateral alliance

- Countries emphasize 'unshakable' alliance, shared commitment to maintaining stability in Asia-Pacific
17.02.2025 Finance , Energy Diplomacy

Norway's sovereign wealth fund posts record $222B annual profit

- Sovereign wealth fund chief credits strong stock market, especially US tech stocks, for stellar results
30.01.2025 Finance

EBRD's investments in Türkiye reach record of €2.6 billion last year

- European bank continues to invest in Turkiye's energy sector and infrastructure, making country as the most invested country
16.01.2025 Finance

Global mining needs $6 trillion over next decade, Saudi minister says

- 4th annual international meeting of mining ministers opens in Riyadh with participations of representatives from 85 countries
15.01.2025 Finance , General

Türkiye's licensed power generation up 4.64% in October

- Installed electricity capacity rises by around 1.03% in October compared to same month in 2023
01.01.2025 Electricity , Finance

Türkiye's daily power consumption up 14.7% on Dec. 23

- Electricity exports amount to 15,589 megawatt-hours and imports total 1,938 megawatt-hours
25.12.2024 Electricity , Finance

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

- New joint venture Arcius Energy 51% owned by bp and 49% by XRG, ADNOC's international investment arm
18.12.2024 Natural Gas , Finance

Spot market electricity prices for Monday, Dec. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.64 billion Turkish liras
16.12.2024 Electricity , Finance

Scottish government approves £150 million offshore wind fund

- Capital to support growth of offshore wind sector and support thousands of green jobs across Scotland
13.12.2024 Finance , Wind

Spot market electricity prices for Monday, Dec. 9

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.31 billion Turkish liras
08.12.2024 Electricity , Finance

Türkiye's daily power consumption down 5.6% on Dec. 7

- Electricity exports amount to 17,564 megawatt-hours and imports total 305 megawatt-hours
09.12.2024 Electricity , Finance

Qatar to invest over $1.2B in climate technology in UK

- New UK-Qatar clean energy partnership expected to create thousands of jobs across UK, in Doha
06.12.2024 Renewable , Finance

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

- Investment to add 2.3 gigawatts of renewable energy capacity and support Spain's energy transition, bank says
29.11.2024 Finance , Wind , Solar

European bank invests $2.3B in Türkiye in 2024 so far

- Total investments exceed $22.1B, with a focus on green projects
29.11.2024 Finance

Tatarstan attracts third of Turkish investments in Russia, says senior official

-'From industrial plants to real estate, retail, and hotel developments, Turkish companies play a key role in our region,' CEO of Tatarstan's investment agency tells Anadolu
27.11.2024 Finance

World Investment Conference 2024 kicks off in Riyadh

- "This conference is an invaluable platform to share Saudi Arabia's vision and forge partnerships that promote sustainable global economic growth," Saudi Arabia's Minister of Investment, Khalid Al-Falih said
26.11.2024 Finance

Spot market natural gas prices for Saturday, Nov. 16

- 1,000 cubic meters of natural gas on spot market costs 12,077.57 Turkish liras
17.11.2024 Natural Gas , Finance

Spot market electricity prices for Monday, Nov. 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.68 billion Turkish liras
17.11.2024 Electricity , Finance

Türkiye's daily power consumption down 4.35% on Nov. 16

- Electricity exports amount to 19,528 megawatt-hours and imports total 219 megawatt-hours
18.11.2024 Electricity , Finance , General

Energy giants pledge $500 million to tackle climate change

- bp, Equinor, Shell, and TotalEnergies committed $500 million at COP29 to enhance global energy access and advance sustainable energy solutions
16.11.2024 Finance

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

- "Falling short on climate investment before 2030 risks compounding costs and intensifying the path to stability in later years," experts warn at COP29
15.11.2024 Finance

European bank reveals Türkiye investment strategy for next 5 years

- EBRD to prioritize green transition, human capital development, private sector competitiveness, infrastructure, and regional integration in Türkiye
13.11.2024 Finance

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

- 'We have less than three decades to achieve carbon neutrality,' says Alparslan Bayraktar addressing COP29 session
13.11.2024 Finance , Energy Diplomacy

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

- Securing agreement on new climate financing target tops COP29 agenda, says OECD spokesperson
12.11.2024 Finance

Spot market natural gas prices for Saturday, Nov. 9

- 1,000 cubic meters of natural gas on spot market costs 12,091.08 Turkish liras
10.11.2024 Natural Gas , Finance

World Bank, Türkiye in talks to finance $28B energy transmission plan

- World Bank supports Türkiye's energy transition plan, which aims to add 90 gigawatts of renewable energy by 2035, reaching at 120 gigawatts
11.11.2024 Electricity , Finance

Spot market electricity prices for Thursday, Nov. 7

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.5 billion Turkish liras
06.11.2024 Electricity , Finance

Annual inflation eases to 4.4% in OECD amid weaker energy prices

- Energy inflation drops in 34 OECD countries in September, 17 of which already saw negative energy inflation in August
07.11.2024 Finance

Türkiye's daily power consumption up 3.12% on Nov. 5

- Electricity exports amount to 15,969 megawatt-hours and imports total 1,181 megawatt-hours
06.11.2024 Electricity , Finance

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

- Fund will contribute to Türkiye's renewable energy grid expansion and boost battery storage, advancing country's green goals
05.11.2024 Finance , Renewable

International Finance Corporation provides major investment package for Türkiye

- IFC's investments confirm Türkiye's position as 3rd largest country of activity of corporation
02.11.2024 Finance

TotalEnergies' 3rd-quarter income drops sharply

-French oil giant's net adjusted income impacted by lower refining margins and reduced drilling activities
31.10.2024 Finance

Shell beats market expectations with $6 billion profit in 3Q24

- Energy giant's adjusted earnings exceeds forecasts by 12% despite lower oil prices and weaker refining margins
01.11.2024 Oil , Finance

Spot market natural gas prices for Friday, Oct. 25

- 1,000 cubic meters of natural gas on spot market costs 11,875 Turkish liras
28.10.2024 Natural Gas , Finance

Spot market electricity prices for Monday, Oct. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.50 billion Turkish liras
27.10.2024 Electricity , Finance

Türkiye's daily power consumption down 4.65% on Oct. 26

- Electricity exports amount to 18,274 megawatt-hours and imports total 116 megawatt-hours
28.10.2024 Electricity , Finance

Spot market electricity prices for Thursday, Oct. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.42 billion Turkish liras
23.10.2024 Electricity , Finance

Oil steady as falling US demand counters Mideast tension

- Oil prices climb 2% after Israeli army took responsibility for killing head of Hezbollah's Executive Council
24.10.2024 Oil , Finance

Norwegian sovereign wealth fund posts $76.4B profit in Q3

- World's largest sovereign wealth fund reaches $1.7 trillion market value
24.10.2024 Finance

Türkiye's daily power consumption up 3.88% on Oct. 22

- Electricity exports amount to 14,911 megawatt-hours and imports total 409 megawatt-hours
23.10.2024 Electricity , Finance , Coal

Spot market natural gas prices for Saturday, Oct. 19

- 1,000 cubic meters of natural gas on spot market costs 11,892.26 Turkish liras
20.10.2024 Natural Gas , Finance

Spot market electricity prices for Monday, Oct. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.18 billion Turkish liras
20.10.2024 Electricity , Finance

Türkiye's daily power consumption down 4.85% on Oct. 19

- Electricity exports amount to 16,081 megawatt-hours and imports total 1,866 megawatt-hours
21.10.2024 Electricity , Finance

Türkiye's daily power consumption down 0.8% on Oct. 10

- Electricity exports amount to 14,064 megawatt-hours and imports total 4,269 megawatt-hours
12.10.2024 Electricity , Finance , General

Spot market electricity prices for Saturday, Oct. 12

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.45 billion Turkish liras
11.10.2024 Electricity , Finance

Spot market electricity prices for Monday, Oct. 7

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.55 billion Turkish liras
06.10.2024 Electricity , Finance , General

Spot market natural gas prices for Saturday, Oct. 5

- 1,000 cubic meters of natural gas on spot market costs 12,183.05 Turkish liras
06.10.2024 Natural Gas , Finance , General

Türkiye's daily power consumption down 0.06% on Oct. 4

- Electricity exports amount to 14,998 megawatt-hours and imports total 1,926 megawatt-hours
09.10.2024 Electricity , Finance

Geopolitical concerns 'very serious': Bank of England warns of Middle East oil shock risk

- 'There are obviously stresses, and real issue then is how they might interact with some still quite stretched markets in places,' says Andrew Bailey, Bank's governor
05.10.2024 Oil , Finance

Türkiye's green transition to attract substantial investment, senior IFC official says

- Saturday's high-level international meeting to focus on Türkiye's investment climate and strategies to attract more foreign direct investment
30.09.2024 Renewable , Finance

Türkiye's EPIAS and Verra partner on world's 1st voluntary carbon credit exchange

- Agreement allows Verra certified carbon credits to be bought and sold on EPIAS platform
26.09.2024 Finance

Europe turns to LNG investments for supply security, uses half capacity

- Half of EU's LNG terminals had utilization rates below 50% in first half of this year
17.09.2024 Finance , Lng/Lpg , General

TotalEnergies sells its shares in Total Parco in Pakistan

- New entity to continue its retail business under existing 'Total Parco' brand
07.08.2024 Finance , General

Shell reports 18.6% profit fall in 2Q24

- Decline in company's second-quarter profit is driven by low prices and sales levels, as well as weak liquefied natural gas (LNG) trading
06.08.2024 Finance

Türkiye's daily power consumption breaks new record on July 19

- Electricity consumption reaches 1,189,507 megawatt-hours due to greater demand amid rising temperatures
20.07.2024 Electricity , Finance

US oil rig count down by 1 for week ending July 19

- Number of US oil rigs fall by 53 compared to one year ago
22.07.2024 Oil , Finance

Fortescue to axe 700 jobs as it merges mining, energy divisions

- Fortescue implements initiatives 'to simplify its structure, remove duplication and deliver cost efficiencies,' as part of new merger
18.07.2024 Renewable , Finance

Turkish energy ministry and World Bank hold meeting aimed at boosting energy cooperation

- Minister Bayraktar says cooperation with international financial institutions need to be increased to accelerate energy transition
11.07.2024 Electricity , Natural Gas , Finance , Energy Projects

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

- Electricity exports amount to 6,779 megawatt-hours, and imports total 10,162 megawatt-hours, according to Turkish Electricity Transmission Corporation
11.07.2024 Electricity , Finance , Geothermal/Biomass

Abu Dhabi oil giant ADNOC secures $3B green financing deal with Japanese bank

Deal marks next milestone in long-standing strategic energy relationship between UAE and Japan
06.07.2024 Finance

Türkiye's daily power consumption up 1.06% on July 3

- Electricity exports amount to 6,453 megawatt-hours and imports total 12,213 megawatt-hours
05.07.2024 Electricity , Finance

Türkiye's oil imports up 18.7% in April 2024

- Crude oil, the largest share of imports, sees rise in April of 37.5% to 2.78 million tons, latest data shows
30.06.2024 Oil , Finance

Türkiye's gas imports down 39.8% in April 2024

- Azerbaijan, Iran and Russia are Türkiye's largest gas suppliers, providing 1 bcm, 543 mcm and 413 mcm, respectively
02.07.2024 Natural Gas , Finance

Global offshore wind capacity rises 24% in 2023, second-highest growth in offshore wind history

- By end of 2023, installed capacity in Asia and Europe totals 41 GW and 34 GW, respectively
27.06.2024 Electricity , Finance

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
27.06.2024 Renewable , Finance

Türkiye's daily power consumption up 3% on June 12

- Electricity exports amount to 5,344 megawatt-hours and imports total 13,841 megawatt-hours
15.06.2024 Electricity , Finance

Türkiye's daily power consumption up 16% on June 10

- Electricity exports amount to 6,347 megawatt-hours and imports total 13,026 megawatt-hours
11.06.2024 Electricity , Finance

192 regasification and 80 liquefaction facilities supply global LNG market

- 192 facilities supply global regasification capacity estimated at 1.14 billion tons as of May 2024
12.06.2024 Finance , Lng/Lpg , General

Clean energy demand to increase critical minerals value by 137% by 2040

- By 2040, minerals' market value more than doubles in climate-driven scenarios with lithium driving demand increase
10.06.2024 Renewable , Finance

Saudi Arabia to hold approximately $12B share sale of oil giant Aramco

Saudi oil major to sell 1.545 billion shares at a price between 26.70 and 29 Saudi riyals per share
31.05.2024 Oil , Finance

Marathon Oil shares jump 11% with $22.5 billion merger deal

- Mergers in US oil, natural gas industry heat up with Chevron-Hess, ExxonMobil-Pioneer deals
31.05.2024 Oil , Finance

Spot market natural gas prices for Tuesday, May 28

- 1,000 cubic meters of natural gas on spot market costs 10,332 Turkish liras
29.05.2024 Natural Gas , Finance

Spot market electricity prices for Thursday, May 30

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.43 billion Turkish liras
30.05.2024 Electricity , Finance

Türkiye's daily power consumption up 2.27% on May 28

- Electricity exports amount to 6,784 megawatt-hours and imports total 13,361 megawatt-hours
30.05.2024 Electricity , Finance

Spot market electricity prices for Sunday, May 26

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 504.76 million Turkish liras
25.05.2024 Electricity , Finance

Türkiye's daily power consumption down 1.63% on May 24

- Electricity exports amount to 5,972 megawatt-hours and imports total 11,911 megawatt-hours
26.05.2024 Electricity , Finance

EBRD grants $50M loan to Turkish mining company for energy efficiency

Türkiye's leading Eczacibasi Holding’s subsidiary, Esan mine to receive loan for its mine located in western Turkish province of Balikesir
23.05.2024 Finance , Coal

Spot market electricity prices for Friday, May 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.44 billion Turkish liras
23.05.2024 Electricity , Finance

World Bank and Türkiye sign $1 billion renewable financing deal

- Results-based financing program—first of its kind in Türkiye—will disburse World Bank funds as pre-agreed results are reached
20.05.2024 Renewable , Finance , Projects , General
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