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Brent oil trades at $74.06 at week beginning June 25

-OPEC, non-OPEC producers decided on Friday and Saturday to increase daily production levels by around a million barrels

25.06.2018 Oil , Finance , Downstream , International Organization , General

Twitter announces new live news features

- Social media company reveals update that pushes more live news and commentary to users

14.06.2018 International Organization

Brent oil trades at $76.19 at week beginning June 11

- Brent crude trades at $76.19 per barrel while WTI sees prices of $65.56 per barrel

12.06.2018 Oil , Downstream , Energy Diplomacy , International Organization , Americas , Middle East-Africa , General

Brent oil at $77 level at week ending June 1

- Brent oil trades at $77.73, while WTI sees $66.48 per barrel

04.06.2018 Oil , Finance , International Organization , World , General

Brent oil falls to $75 level at week beginning May 28

- Brent oil trades at $75.15 following rise in U.S. weekly crude oil and gasoline inventories last week

28.05.2018 Oil , Finance , Upstream , Energy Diplomacy , International Organization , General

Oil prod. quota should be 'flexible', Lukoil CEO says

- Another extension of the oil cut agreement up to 2019 and 2020 is possible: says Lukoil CEO

25.05.2018 Finance , Upstream , Downstream , Energy Diplomacy , International Relations , International Organization , Middle East-Africa , General

Progress needed for energy tech. to meet climate goals

- The world doesn’t have energy problem but emissions problem, and this is where we should focus our efforts: IEA Director

24.05.2018 Finance , Renewable , International Organization , World , General

Int. Istanbul Smart Grids and Cities Congress starts

- Smart systems provides greater economic benefits and more efficient service production

26.04.2018 International Organization , Turkey

US: Turkish FM, UN head meet on global peace efforts

- Ongoing humanitarian crisis in Syria and Cyprus issue are discussed in top Turkish diplomat's meeting with UN chief

25.04.2018 Energy Diplomacy , International Organization , Turkey , Americas

Asian Dev. Bank gives more than $32B to Asia in 2017

- Bank increases operations in Asia to respond to rapid urbanization, climate change, and growing demand for water and energy

25.04.2018 Invesments , Energy Diplomacy , International Organization , Asia

High oil prices may weaken robust demand growth: Birol

"Robust oil demand growth may well be weaker than what we assume as a result of high prices," the IEA chief says

21.04.2018 Electricity , Natural Gas , Oil , International Organization , World

NATO to convene emergency meeting on Syria

- Representatives of UK, France, US to inform alliance about joint airstrikes in Syria

14.04.2018 Energy Diplomacy , International Organization , Middle East-Africa

Brent oil above $72 as tension in Middle East rises

- Brent crude trades at $72.27 while WTI sees $67.08 at 10.06 GMT

12.04.2018 Oil , Energy Diplomacy , International Organization , Europe , Americas , Middle East-Africa , General

Islamic Development Bank gears up for Tunisia summit

- Representatives of 57 member countries, including Turkey, will meet in Tunisian capital on Sunday

31.03.2018 International Organization , Middle East-Africa

Brent oil above $69 at week ending March 23

- Brent crude at $69.02 per barrel while WTI sees $64.48 on Monday

24.03.2018 Oil , Finance , Downstream , International Organization , Americas , Middle East-Africa , General

OPEC and non-OPEC reach 138% conformity for oil cuts

- Declaration of Cooperation continues to have a transformative effect on the global oil industry, OPEC says

22.03.2018 Oil , Projects , Energy Diplomacy , International Organization , General

Need for oil investments dominates CERAWeek this year

- "Are we seeing enough investments? Absolutely not," IEA Executive Director Birol says

14.03.2018 Oil , Finance , International Organization , Americas , Middle East-Africa

Mexico officially joins IEA as 30th member country

- Mexico becomes first member of Latin America to become member of the organization

19.02.2018 International Organization , Americas , General

Shale 2.0 pushes US crude oil production to record high

- "What the casual observer has not realized is that the U.S. shale growth today is a product of survivorship," expert says

15.02.2018 Oil , International Organization , Americas

Over 340 top political leaders to meet in Davos

- 'Our world has become fractured by increasing competition between nations,' says founder of high-profile yearly forum

17.01.2018 International Organization , Europe , Americas

EIA revises up oil price, production forecast for 2018

- Brent and WTI this year are both expected to average $3 a barrel higher from last month's estimates

11.01.2018 Oil , International Organization , Americas

US to cut UN funding by $285 million next fiscal year

- Announcement comes shortly after UN members voted overwhelmingly to oppose Trump's Jerusalem decision

26.12.2017 International Organization

UN Security Council imposes fresh sanctions on N. Korea

- Resolution 'sends the unambiguous message to Pyongyang that further defiance will invite further punishment,' US says

23.12.2017 International Organization

IEA head Fatih Birol named Energy Personality of year

- Financial Times author Nick Butler acknowledges IEA President Fatih Birol for his contribution to the global energy market

20.12.2017 Energy Diplomacy , International Organization , Turkey

Brent oil prices above $63 at week ending Dec. 15

- Brent crude price drops to $63.31 per barrel while WTI sees $57.33 on Friday

18.12.2017 Oil , Invesments , International Organization , Middle East-Africa

World oil supplies sees monthly rise in November: IEA

- Global demand growth remains unchanged at 1.5 million barrels per day in 2017 and 1.3 mb/d in 2018

15.12.2017 Oil , Refining/Petro Chemistry , International Organization , Americas , Middle East-Africa

OPEC lowers oil output in November

- OPEC's crude oil share of total global production drops to 33.3 percent in November

14.12.2017 Oil , Finance , International Organization , World

Support swells for UK-led Powering Past Coal Alliance

- Alliance committed to phase out coal electricity launched at UN climate change talks on Nov. 16 sees huge uptake in support

14.12.2017 Coal , International Organization , Europe

China to rank 1st as global oil consumer in 2035: OPEC

- China will be one of the most important outlets for OPEC barrels, OPEC head says

13.12.2017 Oil , Finance , International Organization , Asia

Brent oil above $63 at week beginning, Dec.11

- Brent crude price trades at $63.22 per barrel while WTI sees $57.20 on Monday

11.12.2017 Oil , Invesments , International Organization , Americas

UPDATE - OPEC extends oil cuts to end of 2018

- Nigeria and Libya declared that their 2018 output levels will not exceed 2017 levels, Al Falih say

01.12.2017 Oil , International Organization , World , Eurasia , Middle East-Africa

OPEC extends oil cuts to end of 2018

- It is very positive to see the Declaration of Cooperation is being successfully implemented, says Russian energy minister

30.11.2017 Oil , International Organization , World

OPEC extends oil production cuts till December 2018

30.11.2017 Oil , International Organization , World

Saudi oil minister expects further oil cut extension

- Oil extension can be extended for another 9 months, president of OPEC conference signals Thursday before OPEC meeting

01.12.2017 Oil , Downstream , International Organization

Brent oil price below $63 before OPEC meeting

- Brent crude price reaches $62.80 per barrel while WTI sees $57.48 on Thursday

30.11.2017 Upstream , Downstream , International Organization , Europe , Americas , Middle East-Africa

Oil prices between $70-$75 ideal: senior Iraqi official

- If there is practical need to extend oil cut agreement, it is likely all governments will support it, Iraqi Ambassador says

29.11.2017 Downstream , Transportation/Fuel Oil , International Organization , Americas , Middle East-Africa

2.4 mln. more oil barrels likely without production cut

- Ahead of OPEC's full ministerial meeting on Nov. 30, experts expect an extension to production cut until end of the year

28.11.2017 Oil , International Organization , World

Oil extension pact is result of hard work: OPEC head

- Oil cut decision made a year ago is success for global oil market, OPEC head says

28.11.2017 Upstream , Downstream , International Organization , World , Middle East-Africa

Brent oil prices above $63 at week beginning Nov. 27

- Brent crude price reaches $63.83 per barrel while WTI sees $58.69 on Monday

27.11.2017 Downstream , International Organization , Americas

UNICEF, Norway fund to establish children rights network

- Network will facilitate dialogue between leading brands and garment and footwear retailers to strengthen children’s rights

24.11.2017 Oil , International Organization , Europe

Oil, gas still to play significant role: OPEC president

- Long-term oil demand is projected to surpass 100 million barrels per day in 2020, OPEC president says

24.11.2017 Oil , Downstream , Transportation/Fuel Oil , International Organization , Americas , Middle East-Africa

South African regional bloc meets to discuss Zimbabwe

- Meeting is currently underway in Botswana

16.11.2017 International Organization , Middle East-Africa

EU vows support for ASEAN

- ASEAN-EU dialogue reaffirms blocs’ cooperation not only to counter terrorism but also in addressing other global threats

15.11.2017 International Relations , International Organization , Europe , Asia

OPEC decreases oil output in October

- Oil output rises the most in Angola, Libya and Saudi Arabia while production shows declines in Iraq, Nigeria and Venezuela

14.11.2017 Oil , International Organization , World , Asia , Americas , Middle East-Africa

Global natural gas demand to rise 3.6% by 2040

- Fossil fuels will retain a dominant role in global energy mix, although with a declining overall share, OPEC report shows

09.11.2017 Natural Gas , Oil , International Organization , World

Russia hopes Syrian dialogue summit to convene soon

- Foreign Minister Sergey Lavrov says Russia in coordination with Turkey, Iran for Syrian National Dialogue Congress

07.11.2017 International Relations , International Organization , Eurasia

Int. Energy Congress & Expo '17 starts Wed. in Ankara

- Three-day congress and fair will host thousands of delegates, high level bureaucrats and CEO's in Ankara Congresium Center

08.11.2017 International Organization , Turkey

Global climate conference begins in Germany

- Top UN officials, delegates call for implementation of Paris accord as key climate conference begins in Bonn

07.11.2017 Finance , International Organization , Europe

Brent crude oil price climbs above $62 per barrel

- The global benchmark reaches $62.10 a barrel

03.11.2017 Oil , Energy Diplomacy , International Organization

US, China boost ASEAN ties ahead of summit

China conducts drill with ASEAN member states

03.11.2017 Energy Diplomacy , International Organization

US crude oil exports hit record high level w/e Oct. 27

- US crude exports hit record 2 million bpd mark and exceed individual output of over nine OPEC countries

02.11.2017 Oil , Energy Diplomacy , International Organization

Irish gov. to be sued in landmark climate change case

- Friends of the Irish Environment (FIE) launch legal challenge against government’s failure to take action on climate change

24.10.2017 Finance , Invesments , Energy Diplomacy , International Organization

ASEAN defense mins discuss terrorism, South China Sea

- Defense ministers of the 10 member-states of regional bloc reaffirm commitment to address security challenges in region

24.10.2017 Energy Diplomacy , International Organization

Turkey's ranking in Paris deal needs updating: Eng. Min

- Although top polluters U.S. and China joined Paris Agreement, Turkey is seen as one of biggest polluters in the agreement

13.10.2017 Finance , Invesments , Energy Diplomacy , International Organization

IMF chief warns of risks to global recovery

- Christine Lagarde sees regulations, markets and trade as potential risk areas

13.10.2017 Finance , Energy Diplomacy , International Organization

World oil supplies see monthly increase in Sept.: IEA

- Global oil supply rises by 90 thousand barrels per day in September as non-OPEC output edges higher

12.10.2017 Oil , Finance , Invesments , Energy Diplomacy , International Organization

US energy agency revises up oil price forecast

- Brent prices revised up $2 a barrel for this year and next

12.10.2017 Oil , Energy Diplomacy , International Organization

IMF addresses ways to lower inequality in world

- \"Investments in education and health can help reduce income inequality over the medium term,\" the IMF says

11.10.2017 Finance , Energy Diplomacy , International Organization

Global financial system continues to strengthen: IMF

- IMF advises policy makers to contain financial vulnerabilities, but support \"smooth\" monetary policy normalization

11.10.2017 Finance , Energy Diplomacy , International Organization

OPEC increases oil output in September

- Crude oil output increases the most in Nigeria, Libya, Gabon and Iraq while production shows declines in Venezuela

11.10.2017 Oil , Finance , Invesments , Energy Diplomacy , International Organization

Sudan calls for full normalization of ties with US

-U.S. lifted most of economic and trade sanctions imposed on Sudan two decades ago

08.10.2017 Energy Diplomacy , International Organization

Energy efficiency gains at risk of slowing down: IEA

- Improvements in energy intensity have been key in keeping global greenhouse gas emissions flat over the last three years

05.10.2017 Energy Diplomacy , Energy Security , International Organization

Oil prices to remain below $60 a barrel: Fitch

- Falling production costs and shale oil's growth are to keep oil prices lower, the rating agency says

04.10.2017 Oil , Energy Diplomacy , International Organization

397 GW of wind energy could be installed in EU by 2030

-Wind power industry is set to invest €239 bln. by 2030 and employ 569,000, according to the central scenario of WindEurope

27.09.2017 Renewable , Finance , Wind , Invesments , Energy Diplomacy , International Organization

UN chief cautions against Iraqi Kurdish referendum

- Unilateral decision to hold independence vote 'would detract from the need to defeat' Daesh, Guterres says

18.09.2017 Energy Diplomacy , Energy Security , International Organization

Brent oil price reaches highest level in 5 months

- The global benchmark climbs to highest level since April 17

15.09.2017 Oil , Energy Diplomacy , International Organization

World oil supplies sees monthly drop in August: IEA

- Although global supplies are down in August, production in Aug. '17 is 1.2 mln. barrels per day above that of Aug. '16

13.09.2017 Oil , Energy Diplomacy , International Organization

OPEC lowers oil output in August

- OPEC's crude oil share of total global production drops to 33.9 percent in August

12.09.2017 Oil , Energy Diplomacy , International Organization

EU calls on for 2050 zero-emissions strategy

- Members of European Parliament voted for higher efficiency targets for implementation of Paris agreement

08.09.2017 Energy Diplomacy , International Organization

German FM concedes lack of EU support on Turkey policy

- German government seeks to get support from EU countries to pressure Turkey with economic measures

28.08.2017 Energy Diplomacy , International Relations , International Organization

Renewables can meet quarter of India's energy by 2030

- Renewable investments need to more than double to unlock India’s renewable energy potential, IRENA says

22.08.2017 Energy Diplomacy , International Organization

World oil supplies sees monthly rise in July: IEA

- World output in July '17 was 500 thousand barrels per day above that of July '16

11.08.2017 Oil , Energy Diplomacy , International Organization

OPEC raises oil output in July

- OPEC's crude oil share of total global production reaches 33.8 percent in July

10.08.2017 Oil , Energy Diplomacy , International Organization

Turkey’s 'multi-dimensional' foreign policy welcomed

- ASEAN ambassadors hail Turkey’s application for sectoral dialogue partnership

10.08.2017 Energy Diplomacy , International Organization

Countries revise oil, gas taxes to draw investments: EY

- Clear fiscal policy and competitive tax regime needed to maintain investment and interest in oil and gas projects

02.08.2017 Energy Diplomacy , International Organization

New study shows climate change threatening life in Asia

- Six degree celsius temperature rise projected in Asia by end of century, with possibility of surge to 8 degrees

14.07.2017 Energy Diplomacy , International Organization

Houston mayor applauds Turkey's hosting of WPC

- \"I have nothing but praise for all the representatives,\" Mayor of the U.S. city of Houston, the event's next 2020 host says

14.07.2017 Energy Diplomacy , International Organization

World oil supplies see monthly rise in June: IEA

- World output in June '17 was 1.2 million barrels per day above that of June '16

13.07.2017 Oil , Energy Diplomacy , International Organization

Global gas demand to overtake oil, gas in next 5 years

- China to account for 40% of global demand growth while US to produce 22% of total gas output worldwide, IEA said

13.07.2017 Natural Gas , Energy Diplomacy , International Organization

OPEC raises oil output in June

- OPEC's crude oil share of total global production reaches 33.8 percent in June

12.07.2017 Oil , Energy Diplomacy , International Organization

EIA lowers crude price, global oil consumption forecast

- Brent and WTI price forecasts for 2017, 2018 have been lowered

12.07.2017 Oil , Finance , Energy Diplomacy , International Organization

Global energy investments total $1.7 trillion in 2016

-12 percent drop in investment is due to 26 percent plunge in capital spending in upstream oil and gas, IEA says

11.07.2017 Finance , Invesments , Energy Diplomacy , International Organization

Turkey a 'bridge' between energy producers, consumers

- President Recep Tayyip Erdogan addresses major international energy congress

10.07.2017 Energy Diplomacy , International Organization

Turkey to have 11 bln. cubic meters gas storage by 2023

- Turkey's gas storage capacity will continuously increase, according to Turkey's energy minister

10.07.2017 Oil , Energy Diplomacy , International Organization

Renewables to be cheapest electricity in G20 by '30

- In about half of G20 countries, renewables prices were either cheaper or equal to coal or nuclear plants since 2015

05.07.2017 Energy Diplomacy , International Organization

UN chief to return to Cyprus talks Thursday

- \"We wanted him to come here and he is coming on Thursday,\" Turkish FM Cavusoglu says

05.07.2017 Energy Diplomacy , International Organization

Growing oil demand for transport to increase pollution

- Fast-growing road-freight transport receives far less policy attention than passenger vehicles: International Energy Agency \r\n

03.07.2017 Oil , Energy Diplomacy , International Organization

Crude oil trade sees 4% increase in ‘16

- Last year, Saudi Arabia was top oil exporter while U.S. was world's top oil importer

27.06.2017 Oil , Energy Diplomacy , International Organization

Global experts to share successes at World Petro. Cong.

- A panel of global experts on July 10 will discuss competitiveness in a volatile economy, World Petroleum Council says

25.06.2017 Energy Diplomacy , International Organization

Caspian regional framework for energy transit needed

- Regional energy framework agreement would support reliable and undisrupted transit of energy resources, energy expert says

24.06.2017 Energy Diplomacy , International Organization

World Petro. Cong. to bring energy leaders to Istanbul

- The congress will feature many heads of states, energy ministers and top industry leaders from July 9 to 13

21.06.2017 Energy Diplomacy , International Organization

BP to largely feature at World Petro. Cong. in Istanbul

- Congress will host 500 high-level executives from leading energy companies, up to 50 energy ministers and 7000 delegates

19.06.2017 Energy Diplomacy , International Organization

Global oil prices seek balance on Monday

- US rising oil output and boost in rig numbers keep downward pressure on oil prices

19.06.2017 Oil , Energy Diplomacy , International Organization

OPEC raises oil output in May

- OPEC's crude oil share of total global production reached 33.6 percent in May

13.06.2017 Oil , Energy Diplomacy , International Organization

Global renewable capacity rose to 2,017 GW in '16

- Additions in installed renewable power capacity raised total global capacity by almost 9 percent over 2015 levels

07.06.2017 Energy Diplomacy , International Organization

No. of electric vehicles up 60% to 2 million in 2016

- International Energy Agency's Global EV Outlook indicates China is the largest market in electric cars

07.06.2017 Energy Diplomacy , International Organization

US governors, Puerto Rico to work for climate action

- Int. Emissions Trading Assoc. applauds US Climate Alliance - coalition of US states and Puerto Rico to push climate action

07.06.2017 Energy Diplomacy , International Organization

Greek side distorting UN chief’s Cyprus remarks: Turkey

- Guterres' statements misinterpreted by Greek Cypriot side to serve domestic policy interests, Ankara says

07.06.2017 Energy Diplomacy , International Organization

IEA report maps transformations in energy technologies

- Energy efficient technologies can save nearly three-quarters of today's global electricity demand: IEA

06.06.2017 Energy Diplomacy , International Organization

With enough gas storage, Turkey can become energy hub

- Turkey is becoming laboratory for all kinds of energy for production, trade and investments: Sec. Gen. of Energy Charter

06.06.2017 Energy Diplomacy , International Organization

OPEC extending output cut to support oil prices: Fitch

- Extension would \"help digest a significant part of excessive inventories during the rest of the year,\" the rating agency says

27.05.2017 Oil , Energy Diplomacy , International Organization

OPEC back as 'swing producer': Yergin

- There has been a ‘recalibration of costs’ since prices fell in June 2014, expert says

27.05.2017 Oil , Energy Diplomacy , International Organization

YouGov survey reveals UK support on climate legislation

- Sixty-six percent of Britons say UK should remain part of Paris Agreement, while 16 percent support opposite view

26.05.2017 Energy Diplomacy , International Organization

OPEC outcome disappoints oil market, investors: Experts

- \"What OPEC needs to do is to under-promise and over-deliver, as opposed to over-promise and under-deliver,\" expert says

26.05.2017 Oil , Energy Diplomacy , International Organization

Trump: NATO allies owe US 'massive amounts' of money

- US president slams member states over inadequate defense spending, urges them to raise their contributions rnrn

26.05.2017 Energy Diplomacy , International Organization

China aims to become nuclear energy leader

US' oldest nuclear power plant to retire on Monday: EIA

Russia to build nuclear reactors for China & Egypt

US, Saudi energy ministers discuss civil nuclear tech.

Asian Dev. Bank to loan $500M to Bangladesh power plant

China’s coal production up 4 percent in April

Turkey's electricity consumption grows 6% in October

Spot market electricity prices for week ending August 20

Ten new cities join Powering Past Coal Alliance

China's crude oil output up after almost 3 years

China's crude oil imports up 6.5 pct in Jan-Aug

Engie should close, not sell its 3 German coal plants

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

No refund for Total until South Pars completion: Iran

Turkey to drill in Med. before winter: Energy Min.

Osaka to acquire 35pct stake in US shale gas project

UK announces new measures to back shale gas exploration

Support for shale fracking drops in UK

UK's 1st shale gas drilling rig arrives on site

US: Florence begins slow assault on Carolinas

Hurricane Florence continues path to US east coast

Power of Siberia gas pipeline almost complete

Egypt to restart gas exports in January

US LNG is coming to Germany, says US dep. energy sec.

Qatargas, PetroChina sign 22-year LNG supply deal

ExxonMobil agrees to build chemical complex in China

Shell to buy Total's 26pct equity in Indian LNG terminal

Turkey is capable of overcoming economic woes: BP Pres.

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

Petrofac secures $20 million well engineering contracts

Turkey is capable of overcoming economic woes: BP Pres.

US: Florence begins slow assault on Carolinas

Hurricane Florence continues path to US east coast

US crude stocks decline, gasoline inventories rise

ExxonMobil agrees to build chemical complex in China

Iran launches three major petchem projects in south

Total sells its polystyrene business in China

Asian consortium plans to invest $7B in Iran's petchem

26 city mayors commit to procure zero-emission buses

Gaza hospitals to stop services over fuel crisis

Ford recalls 2 million pickups due to fire risk

Number of global air passengers exceeds 4B in 2017

UK hits 20 gigawatts of wind generation capacity

Solberg Wind Park opens in Sweden

Europe due to install 87 GW of wind capacity by 2022

Google to purchase power from Finnish wind farms

Turkey's Zorlu signs 50MW solar deal with Kazakhstan

ABB connects Sweden's largest solar park to grid

Norway's Eolus buys US solar, battery storage project

GE, Construtora Quebec team up for solar in Brazil

Statkraft acquires Tidong hydropower project in India

Ethiopia: PM blames contractor for delay in dam

Hydro produces 94.7% of Norway's electricity in June

Bosnia: Explosion in hydroelectric plant kills 3

Turkerler to invest up to $1B. in Manisa's geothermal

US funds $4.45M for geothermal zonal isolation research

Finnish Neste's profit increases to €277 mln. in 2Q18

US to invest $3.6M in geothermal energy technology

World's 1st hydrogen-powered train launches in Germany

Free rides for people who recycle in Istanbul

Pioneering Spirit sets offshore pipe-laying world record

India needs to ensure greater coordination for EVs

UK hits 20 gigawatts of wind generation capacity

Chinese tech giant Xiaomi opens store in Istanbul

Austria's OMV partners with Malaysia's Sapura Energy

EBRD loans $102 million to Turkey’s Akfen Renewables

Turkish Central Bank reserves total $100.7B in July

Turkish stocks rise over 1.6 pct at close

Turkish, Qatari central banks ink currency swap deal

Tesla shares halted after CEO suggest taking it private

Turkey’s energy watchdog imposes $1.2 million fine

Turkey's EMRA ups max-limit of gas distribution regions

Border tax would make US less competitive: Chevron CEO

Volkswagen pleads guilty in emissions scandal

UK regulator offers price cap on gas, electricity bills

EU light bulb rules will allow household energy savings

$23B for Turkey's elec. privatization in past 10 yrs

Spot market electricity prices for Monday, April 30