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Egypt says support for Palestine unchanged despite extension of Israeli gas deal

- Agreement has not affected Egypt’s firm, clear stance since Gaza war began, nor its rejection of all attempts to ‘liquidate the Palestinian cause,’ says prime minister

15.08.2025 Natural Gas

Iran seizes foreign tanker over fuel smuggling allegations in Sea of Oman

- Seventeen suspects, including captain and crew, currently in detention as nationality and destination of vessel remain undisclosed

16.07.2025 General

Norwegian firm Scatec secures financial close for 1GW solar-battery project in Egypt

- Project to be built in two phases, with first phase expected to begin commercial operations in first half of 2026 and second phase later in the year

16.06.2025 Solar

Türkiye to deploy state-owned FSRU abroad for 1st time under deal with Egypt

- Türkiye and Egyp ink two key agreements to boost energy cooperation, says Turkish energy and natural resources minister

13.05.2025 General

Egypt, France sign agreement to establish plant for green hydrogen production

- Project will cost $7.68 billion with total production of 1 million tons annually

08.04.2025 General

Strong winds force closure of Egypt’s Hurghada, El-Arish ports

- All maritime navigation and activities for both small and large vessels halted to ensure safety By Iyad Nabolsi and Rania Abu Shamala

20.03.2025 Wind

Turkish Republic of Northern Cyprus slams hydrocarbon deal between Greek Cypriot Administration, Egypt

- Any deal not approved by Turkish Cypriots is null and void, says Foreign Ministry

19.02.2025 General

Greek Cypriot Administration halts gas exploration in 3 blocks after unsuccessful results

-Licences for blocks 2, 3, and 9, located south and southeast of the island, were granted in 2013

05.02.2025 Natural Gas

Syria’s changing landscape paves way for Türkiye’s energy leadership: Chatham House expert

- Land gas route through Syria to Türkiye’s network offers a more practical solution that could encourage regional cooperation, says Karim Elgeny of Chatham House

30.01.2025 General

Nigeria oil tanker blasts kill nearly 1,900 in 16 years, spike after subsidy removal

- 172 oil tanker accidents and 1,896 deaths reported since 2009

21.01.2025 General

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Red Sea trade sees historic decline amid rising tensions in Middle East

- Red Sea’s ship traffic falls 56% as vessels reroute around Cape of Good Hope following retaliatory attacks by Houthis

08.10.2024 Oil General

Yemen's Houthis release video of drone attack on British oil tanker in Red Sea

- Houthis say attack was carried out with drone boat as part of their 'military operations against American and British ships,' and continuation of their 'naval blockade on the Israeli enemy'

04.10.2024 Oil

Greece, Greek Cypriot administration sign pact to connect energy grids

- Project would promote Greece’s goal of becoming clean energy transport corridor, says joint statement

24.09.2024 General

Comorian-flagged oil tanker capsizes off Oman's coast

- Search and rescue operation carried out in coordination with Omani authorities

16.07.2024 Oil

International investors are paying close attention to Türkiye's renewable energy sector

- Country's established renewables sector has potential to attract further investment, says official at UN Trade and Development

11.06.2024 Renewable

Oil prices up over escalating tensions in Middle East, positive demand outlook

- Investors remain cautious ahead of key inflation data to be announced by US Fed late Tuesday

12.03.2024 Oil

Suez Canal revenue drops 50% amid Red Sea tensions: Egyptian President

- Suez Canal is critical maritime route for global trade that significantly contributes to Egypt's economy and foreign currency reserves

19.02.2024 Finance Invesments Energy Security

Oil down around 5% over clashing demand, supply woes in week ending Feb. 2

- Surging crude oil stockpiles in US also fuel demand woes and axe prices

02.02.2024 Oil Stock Market

Oil up by 4% during week ending Jan. 26 over positive demand indicators in US, China

Both oil benchmarks decline on Friday with investor profit-taking after prices reached their highest level in almost two months during previous trading session

26.01.2024 Oil

Vessel traffic down 20% in Red Sea due to rerouting

- Ship transits through Cape of Good Hope up by 27% in week of December 25-31

09.01.2024 Oil

South Korea set to restart Shin-Hanul 2 nuclear reactor

Kazakhstan starts construction of first nuclear power plant

US ready to fund viable nuclear energy projects in Türkiye, official says

Türkiye's Akkuyu nuclear plant attracts investor interest as energy production nears

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

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Türkiye says power system strong amid European blackout

Global carbon emission storage facilities double in 5 years

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

US approves additional LNG exports to non-FTA countries

More LNG supply is expected in 2026 supporting rising gas demand: IEA

Türkiye's LPG production up 10.1% in April

European energy markets face volatility in 2H25 amid tight LNG supply

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

Türkiye, Iraq begin talks on new oil transport deal

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

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

Türkiye's renewable energy peaks in June

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's installed wind power capacity soars 177% in decade

Global wind power capacity sees record growth in 2024

Citicore secures $77M loan for 125-MWp solar project in Philippines

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

Candidate region selected for Türkiye's first YEKA floating solar power plant

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

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

Oil rises on Fed rate cut hopes, caution ahead of US-Russia summit

Türkiye's daily power consumption down 0.3% on August 13

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

bp Q2 profit falls to $2.35B, beating forecast

Türkiye-UK trade deal could set global example: British envoy

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

Global offshore wind capacity hits 83 GW, powering 73 million homes

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

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

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

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

Turkmen natural gas set to reach Türkiye on March 1