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Workshops in Izmir raise awareness on clean energy among young adults
- Nearly 1,750 secondary school pupils have participated in more than 130 technical workshops
US sanctions Russia-backed Iranian oil smuggling, money laundering network
- Network led by officials of Iran's Revolutionary Guards, backed by senior levels of Russian government, says US Treasury
US crude oil inventories down 0.2% for week ending May 20
- Commercial crude oil stocks fall by 1 million barrels, against market expectation of 690,000 barrel draw
Oil prices up with tight global supply
- EU agreement on Russian crude ban could be finalized by May 30, European Council President Charles Michel says
Turkiye to soon start mass production of locally manufactured generators: Energy min.
- With pilot studies in place, country also aims to produce turbines locally and install automation systems for power plants
Rising energy prices could prompt demand for coal: Int. Energy Agency head
- Coal-related investments could also affect climate targets, warns Fatih Birol
Oil up over hopes of stronger demand, concerns over tighter supply
- Price upticks limited as American Petroleum Institute predicts rise in US crude oil stockpiles
Expensive blue hydrogen would increase gas import dependency
- Study shows extension of gas value chain to include blue hydrogen would risk Europe's energy security
Oil down with stalled EU ban on Russian oil
- Prices see further downward support with likelihood that China will continue pandemic measures
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Wintershall Dea divests shares in Norwegian oil fields
- Company opts to divest shares in efforts to strengthen its position in gas and carbon management
Lithuania halts Russian energy exports from Sunday
- Lithuania is first European nation to halt all imports of Russian gas in April
Oil up with rising hopes of stronger demand in US, China
-China, strictly clinging to zero-COVID policy, is due to ease some restrictions in Shanghai while rising cases in Beijing cast doubts over demand rebound
US oil rig count up by 13 for week ending May 20
- Number of US oil rigs rises by 220 compared to one year ago
21.05.2022
Oil
Oil prices steady amid prospect of increase in Chinese demand in week ending May 20
- Oil edges higher as EU focuses on finalizing proposed ban on Russian crude
Rosneft says Germany's Schroeder steps down from board
- We are sympathetic to decision and thank for continued support, Rosneft says
Spot market electricity prices for Saturday, May 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.21 billion Turkish liras
Spot market natural gas prices for Thursday, May 19
- 1,000 cubic meters of natural gas on spot market costs 11,950 Turkish liras
Gazprom to halt gas supply to Finland on May 21
- We have been carefully preparing for this situation, says Gasum CEO
Turkiye's daily power consumption down 5.73% on May 19
- Electricity exports amount to 8,906 megawatt-hours and imports total 10,039 megawatt-hours
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Brent oil prices slightly up on hopes of higher demand due to peak season
- Currently declining cases in Shanghai prompted hopes for better oil demand in China
Brent oil prices up on hope of stronger Chinese demand
- Declining Omicron cases in Shanghai boosts hopes for rising oil demand
US crude oil inventories down 0.8% for week ending May 13
- Commercial crude oil stocks fall by 3.4 million barrels, against market expectation of 1.5 million-barrel draw
EU pledges $9.5B in macro-financial assistance to Ukraine
- European Commission proposes to set up reconstruction platform between donors to assist in rebuilding country
Japan inches closer to starting contentious nuclear waste dump
- Nuclear regulator endorses plan to discharge treated nuclear wastewater from Fukushima plant into sea
Oil prices up as improving COVID situation in China boosts demand hopes
- Prices see more support as American Petroleum Institute predicts drop in US crude oil stockpiles
Russia to shift energy resources to non-European regions: Putin
- Europe's sanctions will harm European economy and increase Russia's oil and natural gas revenues, Putin says
Brent oil prices rise despite surging dollar value
- Unusual upward movement of Brent and US dollar in tandem as investors see latter as safer investment, says Energy Info. Admin.
Spot market natural gas prices for Monday, May 16
- 1,000 cubic meters of natural gas on spot market costs 11,903.55 Turkish liras