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Spot market natural gas prices for Friday, Jan. 22
- 1,000 cubic meters of natural gas on spot market costs 1,296 Turkish liras
US crude oil inventories rose for week ending Jan. 15
- Commercial crude oil stocks decrease by 4.4 million barrels, against market expectation of 300,000 barrel draw
Schlumberger posts net loss in 2020
- Despite seasonality, revenue sees growth sequentially in all four divisions for first time since 3rd quarter 2019, says CEO
Baker Hughes posts revenue fall in 2020
- Revenue and profit in 4th quarter, although higher compared with third, are still below numbers posted one year earlier
US LNG vessel arrives in Turkey on Jan. 21
- Gaslog Salem vessel reaches destination in Turkey on Thursday
Turkey's renewable energy investments reach $7B in 2020
- Turkey renewable energy additions totaled 4,800 megawatts last year, supported by Turkey's Renewable Energy Support Scheme
Spot market electricity prices for Thursday, Jan. 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 197.75 million Turkish liras
Spot market natural gas prices for Tuesday, Jan. 19
- 1,000 cubic meters of natural gas on spot market costs 1,320 Turkish liras
Turkey's daily power consumption up 3.29% on Jan. 19
- Electricity exports amount to 5,022 megawatt-hours, while imports total 1,135 megawatt-hours
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Turkey hits record high gas consumption on Jan. 19
- Daily natural gas consumption reaches historic high of 280 million cubic meters
Halliburton posts 36% revenue loss in 2020
- Company's net loss amounts to $235 million in fourth quarter from $17 million in third quarter
Gazprom warns Nord Stream 2 is at risk of cancellation
- Political changes in various regions can affect such projects, says Gazprom
Spot market electricity prices for Wednesday, Jan. 20
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 205.26 million Turkish liras
Spot market natural gas prices for Monday, Jan. 18
- 1,000 cubic meters of natural gas on spot market costs 1,307 Turkish liras
Global oil demand to increase 6% in 2021: IEA
- Vaccinations and more economic activity is expected to fuel stronger 2H21 growth, despite resurgence of COVID-19 cases
Turkey hits record high gas consumption on Jan. 18
- Daily natural gas consumption reaches historic high of 274 million cubic meters
Spot market electricity prices for Tuesday, Jan. 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 196.01 million Turkish liras
Spot market natural gas prices for Sunday, Jan. 17
- 1,000 cubic meters of natural gas on spot market costs 1,300 Turkish liras
Russia's gas revenue down 41.8% between Jan-Nov 2020
- Russia's gas export revenue declines to $22 billion in first eleven months of 2020
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Turkey in top 4 countries with geothermal capacity
- We have worked tirelessly to prepare a bright future for Turkey, says Turkish president
Spot market electricity prices for Saturday, Jan. 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 177.07 million Turkish liras
Spot market natural gas prices for Thursday, Jan. 14
- 1,000 cubic meters of natural gas on spot market costs 1,307 Turkish liras
Turkey's daily power consumption up 1.72% on Jan. 14
- Electricity exports amount to 3,312 megawatt-hours, while imports totaled 3,147 megawatt-hours
Total announces fourth oil discovery offshore Suriname
- Discovery at Keskesi East-1 well follows previous discoveries at Maka Central, Sapakara West and Kwaskwas in same region
US crude oil inventories fall for week ending Jan. 8
- Commercial crude oil stocks decrease by 3.2 million barrels, more than market expectation of 2.7-million barrel draw
Energy efficiency saves Turkey $1B between 2017-2019
- Annual contribution of each one point of local, renewable energy addition to economy amounts to $100M, energy minister says
US energy agency revises up oil price forecast
- Brent expected to increase by 8.59% in 2021, according to Energy Info. Administration's January Short-Term Energy Outlook
Electricity to form 30% of Turkey energy demand by 2040
- Final energy demand will increase by 40% while electricity demand will grow by around 70% to 90% by 2040