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EU leads on emissions cuts but struggles with grid costs: Report

EU leads on emissions cuts but struggles with grid costs: Report

- EU faces massive investment needs in its electricity grids, according to new report

13:40 General

Spot market electricity prices for Wednesday, Nov. 5

Spot market electricity prices for Wednesday, Nov. 5

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.56 billion Turkish liras

04.11.2025 Electricity

Old mines reborn as solar farms powering clean energy transition, creating jobs

Old mines reborn as solar farms powering clean energy transition, creating jobs

- Experts say transforming old, closed mines into solar farms can unlock renewable potential, supporting local communities and environment

03.11.2025 Renewable

bp sells minority stakes in US midstream assets for $1.5 billion

bp sells minority stakes in US midstream assets for $1.5 billion

- Transaction will be completed in two phases, with about $1 billion paid upfront and the remainder expected by year’s end, subject to regulatory approval

03.11.2025 General

Spot market electricity prices for Saturday, Nov. 1

Spot market electricity prices for Saturday, Nov. 1

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.7 billion Turkish liras

31.10.2025 Electricity

Türkiye's energy import bill down 3.6% in September

Türkiye's energy import bill down 3.6% in September

- At $4.53 billion, energy accounted for 15.4% of the overall import figures in Türkiye in September

31.10.2025 General

Ukraine introduces 8-hour per day restriction on energy consumption

Ukraine introduces 8-hour per day restriction on energy consumption

- Energy Ministry says hourly shutdown schedules will be in effect between 8 am and 7 pm

30.10.2025 General

Europe's LNG expansion slows as gas demand set to fall: Report

Europe's LNG expansion slows as gas demand set to fall: Report

- LNG regasification capacity grew 13% in 2023 and 8% in 2024, but is expected to rise just 2% this year, IEEFA's updated European LNG Tracker shows

30.10.2025 General

State-backed Indian refinery stops purchasing Russian oil amid punishing US tariff

State-backed Indian refinery stops purchasing Russian oil amid punishing US tariff

- Joint venture of state-run Hindustan Petroleum Corporation Ltd, Mittal group suspend 'further purchases' due to recent announcements of new restrictions

30.10.2025 General

US crude oil inventories fall 1.6% for week ending Oct. 24

US crude oil inventories fall 1.6% for week ending Oct. 24

- Commercial crude stocks drop by 6.9 million barrels, exceeding expectations for 900,000 barrel fall

30.10.2025 Oil

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Zelenskyy announces creation of Energy Coalition to bolster Ukraine’s power security

Zelenskyy announces creation of Energy Coalition to bolster Ukraine’s power security

- Ukrainian president says first meeting will be video format as allies pledge new energy aid

29.10.2025 Energy Diplomacy

Japan, US reveal 1st projects under Tokyo’s $550B investment package

Japan, US reveal 1st projects under Tokyo’s $550B investment package

- Japan agrees to invest $550 billion in US in return for 15% base tariff on nearly all Japanese imports entering the country, down from initial 24%

29.10.2025 Finance

Spot market natural gas prices for Monday, Oct. 27

Spot market natural gas prices for Monday, Oct. 27

- 1,000 cubic meters of natural gas on spot market costs 14,467.74 Turkish liras

28.10.2025 Natural Gas

Will building nuclear power plants empower Africa or entrench foreign reliance?

Will building nuclear power plants empower Africa or entrench foreign reliance?

- South Africa is only African nation with operating nuclear power plant, but more countries are aspiring to get one

23.10.2025 Nuclear

Talks to revise S.Korea's nuclear energy pact with US to start soon: Seoul

Talks to revise S.Korea's nuclear energy pact with US to start soon: Seoul

- Seoul seeks authorization to reprocess spent nuclear fuel, enrich uranium to produce its own nuclear fuel

23.10.2025 Nuclear Energy Diplomacy

Hydropower gains new momentum as pumped storage accelerates globally

Hydropower gains new momentum as pumped storage accelerates globally

- Total hydropower capacity is projected to expand by over 154 gigawatts during 2025-2030

22.10.2025 Hydro

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

- Kalayci brings more than 27 years of experience in the wind energy industry, including 24 years in wind turbine component manufacturing

22.10.2025 Wind

EU agrees on plan to phase out Russian gas imports by 2028

EU agrees on plan to phase out Russian gas imports by 2028

- Proposed regulation would introduce legally binding, step-by-step ban on both pipeline gas and liquefied natural gas (LNG) from Russia

20.10.2025 General

Türkiye paves way for Black Sea gas exports as LNG with regulatory overhaul

Türkiye paves way for Black Sea gas exports as LNG with regulatory overhaul

- New rules enable liquefaction, ease export licensing and boost private sector flexibility in infrastructure and trade

18.10.2025 Lng/Lpg

Türkiye signs renewable energy deal with Gambia as ties with Africa deepen

Türkiye signs renewable energy deal with Gambia as ties with Africa deepen

- Türkiye and Gambia will develop joint projects for the construction and operation of hydroelectric, solar, and wind power plants, the ministry says

17.10.2025 General

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Global energy transition enters new phase as battery storage surges toward 1500 GW target

Global energy transition enters new phase as battery storage surges toward 1500 GW target

- New report highlights rapid rise of electricity storage as key pillar of clean energy, while market gaps and high costs continue to slow its full potential

16.10.2025 Renewable

Spot market natural gas prices for Wednesday, Oct. 15

Spot market natural gas prices for Wednesday, Oct. 15

- 1,000 cubic meters of natural gas on spot market costs 14,431.78 Turkish liras

16.10.2025 Natural Gas

Spot market electricity prices for Friday, Oct. 17

Spot market electricity prices for Friday, Oct. 17

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.74 billion Turkish liras

16.10.2025 Electricity

47 million Europeans struggle to heat homes amid unequal energy transition

47 million Europeans struggle to heat homes amid unequal energy transition

- EU's Committee of the Regions warns that rising energy costs, centralized funding plans deepening social and regional inequalities across Europe

16.10.2025 International Organization

US expects Japan to stop buying Russian energy: Treasury secretary

US expects Japan to stop buying Russian energy: Treasury secretary

- Treasury Secretary Scott Bessent meets with Japanese Finance Minister Katsunobu Kato to discuss plans for mobilizing Japan’s strategic investment in US

16.10.2025 Energy Diplomacy

Turkish energy minister strengthens international ties at Russian Energy Week

Turkish energy minister strengthens international ties at Russian Energy Week

- Alparslan Bayraktar holds energy cooperation talks with ministers from Russia, Saudi Arabia, Hungary, and Vietnam

16.10.2025 Energy Diplomacy

Türkiye plays key role in Europe's energy security through major gas transit projects

Türkiye plays key role in Europe's energy security through major gas transit projects

- "We would like to increase interconnection capacity between Türkiye and Europe," says Alparslan Bayraktar

15.10.2025 Energy Projects

Oil slips on oversupply concerns and renewed US-China trade tensions

Oil slips on oversupply concerns and renewed US-China trade tensions

- Global oil supply is forecast to expand by 3 million bpd this year to 106.1 million bpd, followed by a 2.4 million bpd increase next year

15.10.2025 General

Energy storage key to Europe's future as EU aims to end fossil fuel dependence

Energy storage key to Europe's future as EU aims to end fossil fuel dependence

- Energy storage takes center stage in Europe's efforts to boost independence, stability, and clean power generation

15.10.2025 Renewable

China hosts IAEA Fusion Energy Conference

China hosts IAEA Fusion Energy Conference

- Chinese Vice Premier Zhang Guoqing addresses conference, ministerial meeting, stressing significance of fusion energy for peaceful application of nuclear technology

15.10.2025 General

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