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      Japan decides to release Fukushima wastewater into sea

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      Asia to drive LNG demand with US leading supply growth

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      Nigerian LNG vessel to arrive in Turkey on April 26

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      US LNG market share is no big threat to Russia: expert

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      Oil prices up by over 2% for week ending April 2

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      Brent oil price down 0.56% for week ending Feb. 19

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      Suez Canal traffic jam cleared, says Egypt

      Oil prices up by over 2% for week ending April 2

      Oil prices up by over 2% for week ending April 2

      Oil majors accelerate energy transition policies: Fitch

      Oil majors accelerate energy transition policies: Fitch

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      Venezuela condemns US policy of seizing fuel shipments

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      Turkey ranks as 5th biggest wind investor in Europe

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      Global oil demand to increase 6% in 2021: OPEC

      Europe invests record €42.8 bln in wind energy in 2020

      Europe invests record €42.8 bln in wind energy in 2020

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      Cost of financing renewables shows significant fall

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      Oil-rich Saudi Arabia branches into solar power

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      Turkey's Gumbel Group to invest $15M in solar technology

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      Wind and solar drive record drop in coal in 2020

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      Hydro provides majority of Norway's power in March

      BP plans UK’s largest hydrogen project

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      Hydro provides most of Norway's power in February

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      China plans world’s biggest dam build on Tibetan river

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      Europe needs to build more wind farms for climate goals

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      Turkey in top 4 countries with geothermal capacity

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      Biomass can meet one-third of Turkey's annual power

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      EU approves €550M Danish aid to support biomass plants

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      BP plans UK’s largest hydrogen project

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      Cost of financing renewables shows significant fall

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      Turkey: public sector vital for getting energy invests.

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      Turkey announces landmark new economic reform package

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      Turkey's electricity consumption up 12.24% in March

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      Turkey's daily power consumption up 0.35% on March 18

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      Oil majors accelerate energy transition policies: Fitch

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      Fitch reduces oil price forecast due to higher supply

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      S. Arabia, Iraq discuss efforts to stabilize oil market

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      US crude oil inventories fall for week ending Aug. 14

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      24/7 power with Turkey’s new mobile monitoring system

      24/7 power with Turkey’s new mobile monitoring system

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      Turkey's daily power consumption up 3.28% on Sept. 8

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      Sudan: Flashpoint Ethiopian dam not related to floods

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

      Russian Lukoil starts Chashkino gas-turbine power plant

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      Global CO2 emissions set for 2nd biggest rise in history

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      Action to achieve Paris climate to upend oil, gas prices

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      Global oil demand to increase 6% in 2021: OPEC

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      Pandemic reveals importance and reliability of LPG

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

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      Greece prioritizes EU's interests in East Med.

      Greece prioritizes EU's interests in East Med.

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      Iran backs Assad regime by shipping 3M barrels of oil

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      Accident at atomic site 'nuclear terrorism': Iran

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      Greece prioritizes EU's interests in East Med.

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      Ukraine wants to double trade volume with Turkey

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      Turkey-Egypt alliance in E. Med could open new doors

      Uganda, Tanzania sign oil pipeline project agreement

      Uganda, Tanzania sign oil pipeline project agreement

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      Global oil demand to surge 6% in 2021: IEA

      Global oil demand to surge 6% in 2021: IEA

      2-month OPEC+ cuts rollover ‘best decision’: experts

      2-month OPEC+ cuts rollover ‘best decision’: experts

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Qatar Petroleum to solely own Qatargas 1 in 2022

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      Oil giants to convene for JMMC ahead of OPEC+ meeting

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      Oil prices up over OPEC+’s cautious output ease

      Oil prices up over OPEC+’s cautious output ease

      Siemens Energy signs long-term service deal with Aramco

      Siemens Energy signs long-term service deal with Aramco

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Iraq awards drilling of 96 oil wells to Schlumberger

      Iraq awards drilling of 96 oil wells to Schlumberger

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      Spot market natural gas prices for Monday, April 19

      Spot market natural gas prices for Monday, April 19

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      Spot market electricity prices for Wednesday, April 21

      Well tests to start in May in Turkey's Sakarya Gas Field

      Well tests to start in May in Turkey's Sakarya Gas Field

      Turkey's daily power consumption up 13.68% on April 19

      Turkey's daily power consumption up 13.68% on April 19

    • Europe
      Norway’s oil, gas output lags behind predictions

      Norway’s oil, gas output lags behind predictions

      Oil prices down as demand rises due to weaker US dollar

      Oil prices down as demand rises due to weaker US dollar

      Greece prioritizes EU's interests in East Med.

      Greece prioritizes EU's interests in East Med.

      Hydro provides majority of Norway's power in March

      Hydro provides majority of Norway's power in March

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      Oil prices down as demand rises due to weaker US dollar

      Oil prices down as demand rises due to weaker US dollar

      US LNG market share is no big threat to Russia: expert

      US LNG market share is no big threat to Russia: expert

      Oil down over low demand fears from surging virus cases

      Oil down over low demand fears from surging virus cases

      Oil prices up by over 7% for week ending April 16

      Oil prices up by over 7% for week ending April 16

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      Asia to drive LNG demand with US leading supply growth

      Asia to drive LNG demand with US leading supply growth

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      Oil prices down as demand rises due to weaker US dollar

      Pakistan bans travel from India amid virus surge

      Pakistan bans travel from India amid virus surge

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      Asia to drive LNG demand with US leading supply growth

      Oil prices down as demand rises due to weaker US dollar

      Oil prices down as demand rises due to weaker US dollar

      US invites Pakistan to climate summit after snub

      US invites Pakistan to climate summit after snub

      US LNG market share is no big threat to Russia: expert

      US LNG market share is no big threat to Russia: expert

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      Oil prices down as demand rises due to weaker US dollar

      Eni to operate Block 7 in UAE with 90% interest

      Eni to operate Block 7 in UAE with 90% interest

      Nigerian LNG vessel to arrive in Turkey on April 26

      Nigerian LNG vessel to arrive in Turkey on April 26

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      Oil down over low demand fears from surging virus cases

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European Central Bank holds key interest rates stable

- Interest rates on main refinancing operations, marginal lending, deposit facility at 0.00%, 0.25%, -0.50%, respectively

home > General 12.12.2019 20:09

European Central Bank holds key interest rates stable

The European Central Bank (ECB) on Thursday decided to keep interest rates stable, reiterating its stance on holding historically low rates until eurozone inflation reaches a 2% target.

Interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50%, respectively, according to a statement by the ECB's Governing Council.

On Nov. 1, net purchases were restarted under the Governing Council’s asset purchase program at a monthly pace of €20 billion ($22.2 billion), it said.

"The Governing Council expects them to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates," it noted.

By Aysu Bicer

Anadolu Agency

energy@aa.com.tr


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India added to UK coronavirus 'red list' for travel

- From 4 am on Friday, travel from India to UK will be banned for non-UK, Irish citizens
20.04.2021 General

Global CO2 emissions set for 2nd biggest rise in history

- IEA head in dire warning calls on governments to move rapidly to cut emissions against risk of worsening situation in 2022
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Nigerian LNG vessel to arrive in Turkey on April 26

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US LNG market share is no big threat to Russia: expert

- Russian gas can always undercut US LNG on price, while Europe demands more imports, says Mills
20.04.2021 Natural Gas , Lng/Lpg , Eurasia , Americas , General

Hydro provides majority of Norway's power in March

- Norway produces 13.79 terawatt-hours of electricity in March
20.04.2021 Electricity , Hydro , Europe , General

Spot market electricity prices for Sunday, April 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 144.67 million Turkish liras
17.04.2021 Electricity , Finance , Turkey , General

Spot market natural gas prices for Friday, April 16

- 1,000 cubic meters of natural gas on spot market costs 1,630 Turkish liras
18.04.2021 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 0.43% on April 16

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18.04.2021 Electricity , Finance , Turkey , General

Ukraine wants to double trade volume with Turkey

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19.04.2021 Finance , International Relations , Turkey , General

OPEC+ to slowly ease output after April: Russian min.

-According to current deal of group, member states will increase production by 2.1 million bpd until end of July
18.04.2021 Oil , Finance , General

Action to achieve Paris climate to upend oil, gas prices

- With progressive electrification, oil demand and power of major oil producers will shrink
17.04.2021 Electricity , Natural Gas , Finance , Renewable , General

LNG, Russian gas competition to continue in EU: Experts

- When Asian LNG exceed prices in Europe, exporters will reorient supplies to Asia, leaving Europe more dependent on Russia
16.04.2021 Lng/Lpg , Energy Diplomacy , Europe , Eurasia , Americas , General

Turkey ranks as 5th biggest wind investor in Europe

- Policies in Europe are missing to simplify rules and procedures for permits of new wind farms, says WindEurope's CEO
14.04.2021 Finance , Wind , Energy Diplomacy , General

EU's gas consumption, imports, production down in 2020

- Russia's share of total gas imports to the EU amounted to 48%
13.04.2021 Natural Gas , Europe , General

Nigerian LNG vessel arrives in Turkey on April 12

- LNG Bonny II vessel reaches its destination in Turkey on Monday
13.04.2021 Lng/Lpg , Turkey , General

Europe invests record €42.8 bln in wind energy in 2020

- Investments of €26.3 billion in offshore wind set new record
14.04.2021 Finance , Wind , Renewable , General

US warns Germany over Nord Stream 2 gas pipeline

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Majority support EU ban on petrol, diesel car sales

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Iran backs Assad regime by shipping 3M barrels of oil

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13.04.2021 Oil , Finance , Energy Security , Middle East-Africa , General

Spot market electricity prices for Sunday, April 11

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10.04.2021 Electricity , Turkey , General

Spot market natural gas prices for Friday, April 9

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10.04.2021 Natural Gas , Turkey , General

Aramco signs $12.4B infrastructure investment deal

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10.04.2021 Oil , Middle East-Africa , General

Oil rig count in US remains unchanged this week

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13.04.2021 Oil , Americas , General

Turkey's daily power consumption up 0.98% on April 9

- Electricity exports amount to 6,637 megawatt-hours, while imports total 1140 megawatt-hours
12.04.2021 Electricity , Turkey , General

Turkish startups get investment of $525M in Q1

- Turkish startups expected to attract total investment made in last decade in next 2 years, says head of StartupMarket
10.04.2021 Finance , Turkey , General

Singapore 1st ASEAN country to ratify huge trade pact

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11.04.2021 Finance , Asia , General

India has 'concerns' with US for maritime operation

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11.04.2021 Asia , Americas , General

Fuel crisis paralyzes transportation in Damascus

- Fuel crisis strike regime-controlled areas in Damascus, Aleppo, Latakia, Hama, Tartus
11.04.2021 Middle East-Africa , General

Kremlin: escalation in Ukraine poses threat to Russia

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10.04.2021 Energy Diplomacy , Eurasia , General

Turkey's Gumbel Group to invest $15M in solar technology

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10.04.2021 Finance , Solar , General

Spot market natural gas prices for Thursday, April 8

- 1,000 cubic meters of natural gas on spot market costs 1,657 Turkish liras
09.04.2021 Natural Gas , Finance , General

Turkey's daily power consumption up 4.04% on April 8

- Electricity exports amount to 6,267 megawatt-hours, while imports total 162 megawatt-hours
09.04.2021 Electricity , Finance , Turkey , General

Global electric vehicle adoption accelerates in 2020

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10.04.2021 Electricity , Finance , Renewable , General

Nordex Group wins turbine order for Istanbul wind farm

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10.04.2021 Finance , Wind , General

US to allow $61.4 million for biofuels research

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10.04.2021 Finance , Americas , General

Nigerian LNG vessel to arrive in Turkey on April 12

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08.04.2021 Lng/Lpg , Turkey , General

Spot market electricity prices for Wednesday, April 7

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 162.37 million Turkish liras
06.04.2021 Electricity , Turkey , General

Spot market natural gas prices for Monday, April 5

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06.04.2021 Natural Gas , Turkey , General

Turkey's daily power consumption up 17.9% on April 5

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07.04.2021 Electricity , Turkey , General

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07.04.2021 Energy Diplomacy , Eurasia , Americas , General

World adds record new clean energy capacity in 2020

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07.04.2021 Finance , Renewable , General

Spot market electricity prices for Sunday, April 4

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03.04.2021 Electricity , Turkey , General

Spot market natural gas prices for Friday, April 2

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04.04.2021 Natural Gas , Turkey , General

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05.04.2021 Natural Gas , Turkey , General

Turkey's daily power consumption down 1.03% on April 2

- Electricity exports amount to 17,848 megawatt-hours, while imports total 2,761 megawatt-hours
04.04.2021 Electricity , Turkey , General

'Turkey committed to implementing economic reforms'

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Israel, Morocco sign deals to bolster bilateral ties

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03.04.2021 Middle East-Africa , General

Ukraine's FM discusses Russia's move with counterparts

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03.04.2021 Energy Diplomacy , Europe , Eurasia , General

US: Biden revokes Trump's sanctions on ICC officials

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03.04.2021 Americas , General

Turkish, Australian firms ink deal on defense sector

- Repkon, Titomic sign contract for barrel production in Australia
03.04.2021 Turkey , General

Turkey appoints new envoys to 13 countries

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03.04.2021 Energy Diplomacy , Turkey , General

US oil rig count rises by 13 for week ending April 2

- This marks drop of 225 in number of US oil rigs compared to one year ago
05.04.2021 Oil , Americas , General

Spot market electricity prices for Thursday, April 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 167.88 million Turkish liras
31.03.2021 Electricity , Turkey , General

Spot market natural gas prices for Tuesday, March 30

- 1,000 cubic meters of natural gas on spot market costs 1,422 Turkish liras
31.03.2021 Natural Gas , Turkey , General

Finance shifts to low-carbon with fossil stock losses

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01.04.2021 Electricity , Finance , Coal , Renewable , General

Turkey's daily power consumption up 3.84% on March 30

- Electricity exports amount to 14,578 megawatt-hours, while imports total 1,474 megawatt-hours
31.03.2021 Electricity , Turkey , General

Turkey key to 'Middle Corridor' trade route: Expert

- Suez Canal blockage emphasized need for alternative trade routes, says international economic security expert
31.03.2021 Turkey , General

Biden extends small business support for two months

- Small business backbone of economy, representing almost 50% of all employees, president says
31.03.2021 Finance , Americas , General

Stuck cargo ship MV Ever Given re-floated in Suez Canal

- Ship is being secured, announce shipping authorities
29.03.2021 General

Iran proposes alternative shipping line to Suez Canal

-Offer for help comes as blockage in Suez Canal continues
29.03.2021 General

New deal offers business opportunities to Turkey, Iran

- Social Security Agreement expected to strengthen commercial, economic ties
28.03.2021 General

Spot market electricity prices for Sunday, March 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 134.2 million Turkish liras
28.03.2021 Electricity , Turkey , General

Spot market natural gas prices for Friday, March 26

- 1,000 cubic meters of natural gas on spot market costs 1,386 Turkish liras
28.03.2021 Natural Gas , Turkey , General

Turkey's daily power consumption up 0.39% on March 26

- Electricity exports amount to 12,115 megawatt-hours, while imports total 2,121 megawatt-hours
28.03.2021 Electricity , Turkey , General

US oil rig count rises by 6 for week ending March 26

- This marks drop of 340 in number of US oil rigs compared to one year ago
28.03.2021 Oil , Americas , General

Turkey's LPG imports down 21.07% in January

- LPG production decreases year-on-year by 29.32% to 66,603 tonnes, according to Turkey's energy watchdog
28.03.2021 LPG , Turkey , General

Iran, China to ink deal on 'Belt and Road' project

- 25-year cooperation deal to function as 'road map' in strengthening bilateral relations, Foreign Ministry spokesman says
27.03.2021 Energy Diplomacy , Asia , Middle East-Africa , General

Gas occupancy in Europe's underground storage down to 30%

- Gas in underground storage facilities is 25.5 bcm less as of March 25 compared to same period last year: Gazprom
27.03.2021 Natural Gas , Europe , Eurasia , General

US electricity grid to increase use of battery storage

- Most battery storage systems currently installed in US are lithium-ion batteries that add flexibility to power grid
25.03.2021 Electricity , Finance , Renewable , Americas , General

Valeura Energy's revenue down 16% in 2020

- Decrease is mainly due to lower realized gas prices, says company
25.03.2021 Natural Gas , Finance , Turkey , General

Europe energy storage deployment to near double in 2021

- 2021 looks particularly strong for sector with new services opening across Europe
25.03.2021 Finance , Renewable , Europe , General

Norwegian LNG vessel to arrive in Turkey on March 27

- Vessel is sailing under flag of Bahamas
23.03.2021 Lng/Lpg , Turkey , General

Hywind Scotland remains UK’s best offshore wind farm

- The wind farm achieved an average capacity factor of 54% in first two years of its operation
23.03.2021 Electricity , Wind , Europe , General

US DOE awards $27.5M for 16 water treatment projects

- Each team will work to bring new water and wastewater treatment technologies from the applied R&D stage
24.03.2021 Finance , Renewable , Americas , General

Eni acquires biogas producer, FRI-EL Biogas Holding

- Eni plans biomethane production, which when fully operational, will supply over 50 million cubic meters per year to network
22.03.2021 Renewable , Europe , General

Clean energy can replace fossil fuels in heating sector

- Renewables can play a significant role in decarbonizing the way homes and businesses are heated, IRENA says
23.03.2021 Finance , Renewable , Energy Projects , General

Spot market natural gas prices for Saturday, March 20

- 1,000 cubic meters of natural gas on spot market costs 1,255 Turkish liras
22.03.2021 Natural Gas , Turkey , General

Spot market electricity prices for Monday, March 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 164.5 million Turkish liras
22.03.2021 Electricity , Turkey , General

Turkey's daily power consumption down 5.04% on March 20

- Electricity exports amount to 17,741 megawatt-hours, while imports total 3,626 megawatt-hours
21.03.2021 Electricity , Turkey , General

EU foreign policy chief highlights dialogue with Turkey

- Strong cooperative relationship with Turkey to constitute major contribution to European stability, says Josep Borrell
22.03.2021 Energy Diplomacy , Turkey , Europe , General

India, US agree to enhance strategic cooperation

- US Defense Secretary Lloyd James Austin meets with Indian counterpart during his 2-day visit to India
22.03.2021 Asia , Americas , Middle East-Africa , General

Algerian LNG vessel arrives in Turkey

- Lalla Fatma N'Soumer vessel reaches destination at Turkey's Marmara Ereglisi LNG terminal on Wednesday
18.03.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Turkey: public sector vital for getting energy invests.

- Energy transition is not only for fuels, but for institutions, markets and consumers: says Turkey's Energy Minister
18.03.2021 Renewable , Invesments , Turkey , General

Hydro provides most of Norway's power in February

- Norway produces 14.41 terawatt-hours of electricity in February
17.03.2021 Hydro , Europe , General

G20 economies narrow 3.3% in 2020: Int'l group

- Only China, Turkey record growth, while UK sees largest fall amid pandemic, OECD says in statement
15.03.2021 Finance , General

Turkey eyes benefiting from more pre-accession EU funds

- Ankara to expand national investment incentive system in line with areas prioritized by EU Green Deal, says minister
15.03.2021 Finance , Turkey , Europe , General

Spot market electricity prices for Tuesday, March 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 178.31 million Turkish liras
16.03.2021 Electricity , Turkey , General

Spot market natural gas prices for Sunday, March 14

- 1,000 cubic meters of natural gas on spot market costs 1,308 Turkish liras
16.03.2021 Natural Gas , Turkey , General

Algerian LNG vessel to arrive in Turkey on March 17

- Vessel is sailing under flag of Bahamas
15.03.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Turkey's daily power consumption down 8.12% on March 14

- Electricity exports amount to 7,160 megawatt-hours, while imports total 1,405 megawatt-hours
16.03.2021 Electricity , Turkey , General

Spot market natural gas prices for Friday, March 12

- 1,000 cubic meters of natural gas on spot market costs 1,286 Turkish liras
13.03.2021 Natural Gas , Finance , Turkey , General

Turkey's daily power consumption down 2.13% on March 12

- Electricity exports amount to 8,383 megawatt-hours, while imports total 4,259 megawatt-hours
14.03.2021 Electricity , Finance , General

US oil rig count falls by 1 for week ending March 12

- This marks drop of 374 in number of US oil rigs compared to one year ago
15.03.2021 Oil , Finance , Americas , General

Turkey announces landmark new economic reform package

- Reforms aim to boost investment, production, jobs, and exports, says President Recep Tayyip Erdogan
16.03.2021 Projects , Invesments , Renewable , Energy Projects , Turkey , General

Algerian LNG vessel arrives in Turkey on March 10

- Tessala vessel reaches destination in Turkey on Wednesday
11.03.2021 Lng/Lpg , Turkey , General

Africa utilizes only 0.01% of its wind power potential

-Total wind capacity in Africa & Middle East at over 7 gigawatts in 2020 avoids 10.7 million tonnes of CO2 emissions annually
11.03.2021 Wind , Middle East-Africa , General

Eni, Var Energi announces oil discovery offshore Norway

- Preliminary estimates place size of discovery between 65 and 100 million barrels of oil equivalent
11.03.2021 Oil , Finance , Europe , General

US House passes Biden's massive $1.9T stimulus bill

- Vote sends sweeping spending package to president's desk to be signed into law
11.03.2021 General

APAC to lead global battery storage mkt. in next 4 yrs.

- By end of 2025, China, South Korea, Australia, and Japan are expected to install a cumulative capacity of 20.45 gigawatts
11.03.2021 Finance , Renewable , Asia , General
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