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OPEC+ members agree to 411,000 output rise in July

- Eight OPEC+ nations will boost oil production by 411,000 barrels per day (bpd) in July, compared to June levels, as part of plan to gradually unwind voluntary output cuts

31.05.2025 Oil

US oil rig count down by 4 for week ending May 30

- Number of US oil rigs fall by 35 compared to one year ago

31.05.2025 Oil

Oil prices set for weekly drop with possibility of OPEC+ output hike

- Eight-member coalition of OPEC+ group—including Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman— are set to meet on Saturday

30.05.2025 Oil

Türkiye's oil imports down 7.8% in March

- Crude oil imports fall by 6.6% to 2.50 million tons in March, latest data shows

30.05.2025 Oil

Oil prices rise on higher US demand, OPEC+ and tariff risks weigh on outlook

- US commercial crude oil inventories fall by about 2.8 million barrels to 440.4 million barrels, against market expectation of a 1 million barrel increase

30.05.2025 Oil

US crude oil inventories down by 0.6% for week ending May 23

- Daily crude oil production increased to around 13.4 million barrels per day

30.05.2025 Oil

TotalEnergies sells $510 million stake in Nigeria's Bonga oil field to Shell

- Company sells Bonga field stake as it shifts focus to gas and operated projects in Nigeria

29.05.2025 Oil

Oil prices up as US court blocks Trump tariffs

- Markets remain focused on possibility of new sanctions against Russian oil, and upcoming OPEC+ output decision

29.05.2025 Oil

3 dead in Angola oil platform fire

- Two workers had been receiving medical treatment in South Africa, says Angola's Ministry of Mineral Resources, Petroleum and Gas

28.05.2025 Oil

Oil prices slip ahead of OPEC+ meeting amid oversupply concerns

- Oil prices edge lower as markets brace for potential supply boost from upcoming OPEC+ decision

27.05.2025 Oil

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Indian authorities brace for possible oil spill after ship sinks off southern Kerala state

- Liberian-flagged vessel, carrying 'hazardous' cargo sank off Kochi coast early Sunday, with all crew rescued

27.05.2025 Oil

Saudi Arabia and Kuwait announce new oil discovery in Partitioned Zone

- Wara reservoir in North Wafra (Wara-Burgan-1) well shows production rate exceeding 500 barrels per day

26.05.2025 Oil

Erbil-Baghdad breakthrough could revive Iraq-Türkiye Oil Pipeline, experts say

- Following energy agreements between Kurdish Regional Government (KRG) and US firms, attention shifts to tense Erbil-Baghdad relationship

26.05.2025 Oil Energy Diplomacy

Oil prices rise as Trump delays EU tariff deadline, Russia-Ukraine conflict intensifies

- White House confirms Trump's decision to postpone imposition of 50% tariff on EU imports until July 9

26.05.2025 Oil

Nigerian army shuts down 19 illegal oil refineries in Niger Delta

- 589,000 liters of petroleum products seized, 20 suspects detained in anti-smuggling operation

26.05.2025 Oil

Leak halts production at major Libyan oil field

- National Oil Corporation says environmental response teams deployed as pressure eased from Zawiya line

25.05.2025 Oil

US oil rig count down by 8 for week ending May 23

- Number of US oil rigs fall by 32 compared to one year ago

24.05.2025 Downstream

Oil prices head for weekly decline amid OPEC+ output speculation, Iran nuclear talks

- Fifth round of US-Iran nuclear talks is taking place today in Rome, with Oman acting as mediator

23.05.2025 Oil

US crude oil inventories up by 0.3% for week ending May 16

- Daily crude oil production increased to around 13.39 million barrels per day

22.05.2025 Oil

Oil edges higher amid reports of potential Israeli strike on Iran's nuclear facilities

- Intelligence reports of possible Israeli strike on Iranian nuclear sites raises fear of supply disruptions despite ongoing US-Iran nuclear negotiations

21.05.2025 Oil

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

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

Oil prices rise amid US trade policies, Trump's criticism of Fed

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

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

Turkmen natural gas set to reach Türkiye on March 1

Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts