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Oil up over persistent supply uncertainty
- Release of weaker-than-expected US preliminary manufacturing and service-sector sentiment data for June limits upward price movements
Experts warn of climate risks amid return to coal by some EU countries
- Reopening coal power plants in Europe 'not good for the economy' and energy independence of EU, experts warn
8% growth in global energy investment insufficient to tackle energy crisis: IEA
- Global energy investment to grow 8% in 2022 driven by renewables and energy efficiency
Lebanon, Egypt, Syria sign gas flow deal on 'Arab Gas Pipeline'
- With Egyptian gas, Lebanese citizens will be able to provide electricity for four more hours per day
80% of Polish companies aware of environmental issues
- 18% of organizations have no plan to reduce their carbon footprint
ConocoPhillips joins as 3rd partner in Qatar's North Field East LNG expansion
- North Field East project will expand Qatar's LNG export capacity from current 77 million tons to 110 million tons per annum
Spot market electricity prices for Tuesday, June 21
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.55 billion Turkish liras
Israel-Egypt-EU deal temporary but Türkiye p/line offers long-term solution
- Europe needs as many alternative sources as possible, expert says
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EU foreign ministers to discuss food, energy security in Brussels
- Bloc evaluating various options, including Belarus, Black Sea for export of millions of tons of wheat amid Russia-Ukraine war
TurkStream pipeline to undergo maintenance
- Suspension of gas flow - due to maintenance- agreed by all parties in advance
Spot market electricity prices for Sunday, June 19
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 872.87 million Turkish liras
Spot market natural gas prices for Friday, June 17
- 1,000 cubic meters of natural gas on spot market costs 12,993.37 Turkish liras
Türkiye's daily power consumption down 0.22% on June 17
- Electricity exports amount to 7,285 megawatt-hours and imports total 15,274 megawatt-hours
US oil rig count up by 4 for week ending June 17
- Number of US oil rigs rise by 211 compared to one year ago
Finland exceeds EU’s 2020 energy efficiency targets
- Thanks to significant excess in savings, Finland achieves targets two years ahead of schedule
Türkiye plans $3 billion investment for electric cars, renewable energy
- Electric vehicle infrastructure to get third of investment with remaining funds going to renewables and distributed generation
Equinor to supply 1 bcm of additional gas to UK during winter
- Equinor, Centrica announce agreement to deliver additional Norwegian gas supplies to UK
Israel's EU, Egypt gas deal does not hamper Türkiye talks: expert
- Now, where do we agree, we can't agree, what are our interests? We must find answers, says retired Ambassador Harari
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Türkiye's production target just 2 years after gas discovery "impressive"
- Türkiye's largest offshore discovery could be transformational for country in supporting its growing gas demand, says expert
Natural gas prices rise in Europe as Gazprom cuts Italy supply by 15%
- Italian energy company Eni says that Gazprom cut gas flows to Italy by about 15%
Spot market natural gas prices for Tuesday, June 14
- 1,000 cubic meters of natural gas on spot market costs 12,363.90 Turkish liras
Spot market electricity prices for Thursday, June 16
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.27 billion Turkish liras
EU, Israel, Egypt sign deal for gas exports to Europe
- As EU aims to replace Russian natural gas, it looks for alternative source of supplies
Türkiye's steps on Black Sea gas discovery quite fast, volumes significant
- Türkiye's discovery especially important for its energy independence, says expert
Türkiye's daily power consumption up 3.43% on June 14
- Electricity exports amount to 13,284 megawatt-hours and imports total 20,406 megawatt-hours
Spot market natural gas prices for Monday, June 13
- 1,000 cubic meters of natural gas on spot market costs 12,993.55 Turkish liras
Spot market electricity prices for Wednesday, June 15
- Energy Exchange Istanbul (EXIST) data shows electricity market trade amounts to 1.25 billion Turkish liras