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XRG consortium makes non-binding takeover offer for Australia's Santos

- Santos announces that on June 13 it received a non-binding indicative proposal from a consortium led by XRG

17.06.2025 Oil

Iranian missiles damage oil refinery in northern Israel

- Missiles hit Bazan oil refinery complex in Haifa, causing damage to pipelines, transmission lines, operator says

15.06.2025 Oil

Rare earths: Why China’s dominance is a trump card in US trade war

- ‘While countries like the US and Australia have reopened mines, they remain dependent on China for refining,’ says energy strategist Umud Shokri

22.04.2025 General

Banias oil refinery resumes operations in Syria’s Tartus province

- Estimated production capacity around 95,000 barrels per day at refinery

13.04.2025 Oil

Albania, Italy, UAE sign deal on green energy cooperation

- Strategic partnership aims to boost cooperation between 3 countries in fields of renewable energy and energy infrastructure

16.01.2025 International Relations

Moldova and Romania strike electricity supply deal

- OMV Petrom to supply 30 megawatts of electricity to Moldova until January 31, says Energocom

09.01.2025 Natural Gas

Austria's OMV terminates Gazprom natural gas contract

- OMV continues to implement diversification strategy for gas supply sources and additional pipeline capacities, OMV head says

12.12.2024 Natural Gas

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

- Oil majors' net revenues drop to $182.1 billion in first nine months of the year, down from approx. $214.5 billion in 2023

11.12.2024 Refining/Petro Chemistry

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

Abu Dhabi oil giant ADNOC to acquire German Covestro for around $16B

-Emirati company makes 'takeover offer at €62.00 per Covestro share,' the German company confirms

01.10.2024 General

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bp, Iberdrola invest in largest green hydrogen plant in Spain

- Project awarded funding of €15 million from the Spanish Recovery, Transformation and Resilience Plan

13.09.2024 General

Italian Eni starts natural gas production off coast of Sicily

- Argo Cassiopea Field's gas reserves estimated at around 10 bcm, with peak annual production expected to reach 1.5 bcm

19.08.2024 Natural Gas

Ukraine sanctions on Lukoil risk for refineries in Hungary, Slovakia : Fitch

- Broader, longer-term interruption of Russian supply could pose significant risk to refining operations, energy supply, says rating agency

25.07.2024 Oil

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

04.07.2024 Finance

Italian Eni reports almost $1.3 billion net loss in 1Q24

- Company's revenue for January–March 2024 period totals $24.8 billion, compared to $29.3 billion for same quarter last year

25.04.2024 Oil

UAE and Germany agree on 15-year LNG deal

ADNOC to provide Berlin-based SEFE with 1 million tonnes of LNG per annum

18.03.2024 Lng/Lpg

Italian Eni reports over €8.3 billion annual profit in 2023

Despite volatile markets with weaker oil and plummeting European natural gas prices, Italian company reports €3.2 billion fourth-quarter profit before tax

16.02.2024 Finance

Abu Dhabi’s ADNOC and bp to form new joint venture for gas in Egypt

bp to contribute its interests in three Egyptian development concessions, plus exploration agreements while ADNOC to make proportionate cash contribution

14.02.2024 Natural Gas

International firms pledge to advance sustainable energy in Libya

- Officials at major energy companies operating in Libya speak summit which is focal point for evaluating investment opportunities in country

14.01.2024 International Relations General

Russia to spend over $11 billion to upgrade refineries by 2028

- Country's deputy premier says new capacities will boost gasoline and diesel production by 4 million tons and by 30 million tons per year, respectively

22.11.2023 Oil Refining/Petro Chemistry

US ready to fund viable nuclear energy projects in Türkiye, official says

Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

Akkuyu Nuclear says commissioning underway for 1st reactor unit

International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

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

Global coal demand to remain on a plateau in 2025 and 2026: IEA

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

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

More LNG supply is expected in 2026 supporting rising gas demand: IEA

Türkiye's LPG production up 10.1% in April

European energy markets face volatility in 2H25 amid tight LNG supply

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

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

Türkiye, Iraq begin talks on new oil transport deal

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

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

Türkiye's renewable energy peaks in June

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's installed wind power capacity soars 177% in decade

Global wind power capacity sees record growth in 2024

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

Candidate region selected for Türkiye's first YEKA floating solar power plant

Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

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

EU energy imports from US to rise 2.5 times under new deal

Türkiye's daily power consumption down 1.3% on July 31

Spot market natural gas prices for Wednesday, July 30

Türkiye's Energy Minister to attend Anadolu's Editor's Desk on July 30

Spot market electricity prices for Thursday, July 10

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

Global offshore wind capacity hits 83 GW, powering 73 million homes

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

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