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Europe adds 6.4 GW of new wind farm capacity in 1H24
- Europe's wind power capacity stands at 278 GW, comprising 242 GW onshore and 35 GW offshore projects
12.09.2024
Renewable
Türkiye's Energy Minister to attend AA Editor's Desk on Sept. 11
- Bayraktar is due to speak on Türkiye's national energy policy along with comments on hot energy topics
Algerian LNG vessel to arrive in Türkiye on Sept. 10
- Vessel is expected to reach its destination at Aliaga LNG terminal at 8 a.m. local time (0500 GMT)
Spot market natural gas prices for Thursday, Sept. 5
- 1,000 cubic meters of natural gas on spot market costs 12,378.07 Turkish liras
06.09.2024
Natural Gas
US crude oil inventories down 1.6% for week ending Aug. 30
- Daily crude oil production remains unchanged at 13.30 million barrels per day
06.09.2024
Oil
Europe gears up for winter as gas storage reaches 90% capacity: Eurogas president
- With TurkStream providing reliable supply route for Russian gas, and Southern Gas Corridor connecting Europe to Central Asia, Türkiye solidifies its position as crucial energy hub
05.09.2024
Natural Gas
Türkiye's oil imports down 9.7% in June 2024
- Crude oil's share in energy imports fall in June of 8% to 2.84 million tons, latest data shows
30.08.2024
Oil
Türkiye's gas imports down 0.75% in June 2024
- Azerbaijan, Iran and Russia are Türkiye's largest gas suppliers, providing 996.95 mcm, 651.43 mcm and 302.45 mcm, respectively
30.08.2024
Natural Gas
Oil rises on weak US production data, geopolitical tensions
- Growing rate cut expectations from Fed supports price rises
15.08.2024
Oil
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Brent crude oil rebounds after four-week decline
- Brent crude recovers 2.7% this week after hitting $74.93 per barrel, lowest since January 3rd
10.08.2024
Oil
UK bank provides €249 million to support Turkish Kalyon Enerji's solar project
- Project is expected to produce renewable energy to supply 65,000 households in Türkiye annually
Türkiye's Abdulhamid Han ship heads to Black Sea to start drilling
- Abdulhamid Han is en route to Filyos port in northwestern Türkiye, to have its towers reinstalled as they were dismantled for Istanbul Strait crossing
Norway outage to push European gas prices higher, ICIS says
- Substantial reduction in supply could lead to price volatility and market uncertainty, report reveals
Russia extends gasoline export ban till end of October
- Russia's deputy energy minister says ban on gasoline export will remain in place in August
Türkiye's energy import bill up 5.1% in June
- At $4.54 billion, energy accounts for 18.2% of overall import figures in Türkiye in June
Spot market electricity prices for Wednesday, July 31
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to around 1.73 billion Turkish liras
30.07.2024
Electricity
TotalEnergies withdraws from offshore gas block in South Africa
- TotalEnergies decides to exit a gas-rich block offshore South Africa
Global coal demand to remain flat through 2025: Int. Energy Agency
- Global coal consumption increased by 2.6% last year, reaching an all-time high, according to Paris-based energy watchdog's Coal Mid-Year Update
24.07.2024
Coal
Russia aims 38 billion cubic meters of natural gas exports to China in 2025: Official
-Russia exceeds planned deliveries in 2023 by 800 million cubic meters (mcm) and reaches 22.7 bcm, says Russian deputy energy minister
23.07.2024
Natural Gas
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Türkiye resumes electricity exports to Iraq following 3-year pause
- Existing 400-kilovolt (kV) interconnection line will carry up to 300 megawatts of electricity to Iraq
22.07.2024
General
Oil down over demand uncertainties in world's largest consumers
- Investors look to Fed for further rate cut cues expected in September
22.07.2024
Oil
UK to launch Great British Energy to ramp up renewable energy investments
- £8.3 billion of public money, along with private partnership, will allow Great British Energy to develop, own and operate assets
18.07.2024
Renewable
Western Balkans can leapfrog gas for solar, wind for energy transition: Report
-Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia hold 23 gigawatts of prospective utility-scale solar and wind capacity, according to data from Global Energy Monitor
Increasing support for nuclear energy due to climate goals vital opportunity: Expert
- 'World needs at least quarter of its electricity to be nuclear-powered,' says head of New Nuclear Watch Institute
12.07.2024
Nuclear
World falling behind on renewable targets, must ramp up capacity growth: IRENA
- IRENA's latest report shows renewable energy is on track to overtake fossil fuels in global installed power capacity
11.07.2024
Renewable
Turkish energy ministry and World Bank hold meeting aimed at boosting energy cooperation
- Minister Bayraktar says cooperation with international financial institutions need to be increased to accelerate energy transition
US energy agency revises up crude oil price forecasts for 2024
- International benchmark Brent crude estimated to reach $86.37 per barrel in 2024
10.07.2024
Oil
Algerian LNG vessel to arrive in Türkiye on July 11
- Vessel is expected to reach Marmara Ereglisi LNG terminal at 8 a.m. local time (0500 GMT)