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bp assumes operatorship of Karabakh Oil Project in Caspian Sea

- Under deal, bp acquires 35% stake in both RSA and PSA, with SOCAR retaining remaining 65%

03.06.2025 Oil

Spot market electricity prices for Friday, Jan. 31

- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.87 billion Turkish liras

30.01.2025 Electricity

CNOOC and Shell Announce Major Expansion of Petrochemical Complex in South China

- CNOOC and Shell Petrochemicals Company Limited (CSPC) is expanding in South China to deliver advanced petrochemicals and specialty chemicals by 2028

15.01.2025 General

New gas partnerships key for Europe supply security, experts say

- Leading energy companies meet at Istanbul Energy Forum to discuss the energy transition in relation to Europe, Türkiye

22.11.2024 Natural Gas Energy Diplomacy

Natural gas supply deal between Azerbaijan and Türkiye extended up to 2030

- Turkish Petroleum Pipeline Corporation (BOTAS), SOCAR and Azerbaijan Gas Supply Company (AGSC) agree natural gas supply deal

04.06.2024 Energy Diplomacy

Saudi oil giant Aramco to buy 10% stake in Chinese company Hengli Petrochemical

Aramco continues to ‘explore new opportunities in important markets, as we seek to progress in our liquids-to-chemicals strategy,’ says oil giant’s downstream president

22.04.2024 General

Qatar to boost petrochemical capacity to 14 million tonnes annually by 2026

Petrochemical facility is being built at cost of $6 billion, and represents largest investment in Qatar’s petrochemicals sector by QatarEnergy, says Qatari energy minister

19.02.2024 General

Türkiye's daily power consumption down 0.8% on Jan. 18

- Electricity exports amount to 7,546 megawatt-hours and imports total 4,318 megawatt-hours

19.01.2024 Electricity

Equinor sells its shares in Azerbaycan to SOCAR

-Company says decision is part of re-shaping of its international oil and gas business

22.12.2023 Natural Gas Oil Finance Invesments International Relations Energy Projects

Türkiye's daily power consumption down 11.3% on Oct. 22

- Electricity exports amount to 3,395 megawatt-hours and imports total 22,333 megawatt-hours

23.10.2023 Electricity

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Türkiye's daily power consumption up 2.6% on Oct. 17

- Electricity exports amount to 6,009 megawatt-hours and imports total 16,980 megawatt-hours

18.10.2023 Electricity

Türkiye's daily power consumption up 2.4% on Oct. 10

- Electricity exports amount to 5,844 megawatt-hours and imports total 16,793 megawatt-hours

11.10.2023 Electricity

Türkiye's daily power consumption up 13.1% on Sep. 4

- Electricity exports amount to 5,390 megawatt-hours and imports total 16,325 megawatt-hours

05.09.2023 Electricity Türkiye

TotalEnergies, SOCAR start production in Absheron gas field in Azerbaijan

- Around 4 million cubic meters of gas and 12,000 barrels of condensate will be produced daily for local market in Azerbaijan

10.07.2023 Natural Gas World Europe

Algerian LNG vessel to arrive in Türkiye on June 8

- Vessel is sailing under flag of Bahamas

06.06.2023 Lng/Lpg

Türkiye's daily power consumption down 9.6% on May 7

- Electricity exports amount to 4,472 megawatt-hours and imports total 10,832 megawatt-hours

08.05.2023 Electricity Türkiye

Azerbaijan satisfies all its energy needs, exports energy abroad: President

- Baku’s program regarding renewables has completely different agenda due to potential role in diversifying exports, says Ilham Aliyev

17.01.2023 Natural Gas Oil Eurasia

Aramco, TotalEnergies to build petrochemical complex in Saudi Arabia

- Project is scheduled to begin earlier next year with commercial operation targeted to start in 2027

16.12.2022 Oil Refining/Petro Chemistry General

Thousands of Germans expected to spend winter in warmer countries

- Türkiye among top destinations for Germans who want to spend winter abroad to avoid high heating bills

01.10.2022 Natural Gas Türkiye Europe General

Türkiye's daily power consumption down 10% on Aug. 14

- Electricity exports amount to 9,441 megawatt-hours and imports total 19,914 megawatt-hours

15.08.2022 Electricity Türkiye

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

Vilnius unveils emergency evacuation plan amid military and nuclear threat concerns

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

Heads of Russian, UN nuclear watchdogs start meeting in Moscow

Türkiye says power system strong amid European blackout

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 increases 1.2% on May 10

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

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

Highlights of Türkiye's energy market in 2024

Spot market natural gas prices for Tuesday, Nov. 5

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

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

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

Türkiye's LPG production down 4.2% in January

Utilisation of EU LNG terminal plunges to 42% 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

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 down by 8 for week ending May 23

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 rebounds over US plans to refill emergency stockpiles

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 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

Global wind power capacity sees record growth in 2024

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

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.

Chile launches largest solar plant with battery storage in Latin America

Türkiye's daily solar power generation hits highest level of year

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

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

Hydropower's role expands amid soaring global electricity demand

China set to build world's largest dam in Tibet

TotalEnergies expands renewables portfolio with hydropower deals across Africa

Türkiye leads Europe with highest rise in hydropower capacity last year

Highlights of Türkiye's energy market in 2024

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

Taiwan starts drilling of 1st deep geothermal well

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

Spot market natural gas prices for Saturday, May 31

Pakistan plans to allocate 2,000 megawatts of electricity for Bitcoin mining, AI data centers

Spot market electricity prices for Tuesday, May 20

Aramco posts 4.8% drop in Q1 net income amid lower oil prices

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

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

Libya Energy & Economic Summit 2024 to kick off in Tripoli

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

Spot market electricity prices for Sunday, Dec. 3

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

Spot market electricity prices for Thursday, June 8

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

Spot market natural gas prices for Friday, Dec. 1

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

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

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 renewable share in electricity capacity rises to 60%

Global leaders of energy sector to convene at İstanbul Energy Forum

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

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

Turkmen natural gas set to reach Türkiye on March 1