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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

Oil prices drop amid shifts in Trump policies

- Oil prices fall as shifting US energy policies, global recession fears, and Israel-Hamas ceasefire ease geopolitical risks

21.01.2025 Oil

Oil prices fall as Trump takes office and Gaza ceasefire eases tensions

- Oil prices fall driven by recession concerns, Trump's tariff policies, and reduced Middle East risk following Gaza ceasefire

20.01.2025 Oil

Türkiye-Azerbaijan ties 'shared destiny': Foreign minister

- Türkiye-Azerbaijan partnership 'transcends time and circumstances,' Hakan Fidan says after meeting with Azerbaijani counterpart

19.01.2025 Energy Diplomacy

Libyan premier vows stability to expand country’s oil industry

- Abdul Hamid Dbeibeh says Libya’s oil and gas production has been doubled since he took office in 2020

19.01.2025 Oil

Libya Energy & Economy Summit 2025 kicks off in Tripoli

- 'With strong slate of international and local companies participating, we expect to see new partnerships and deals forged,' says manager of organizing company

18.01.2025 General

US oil rig count down by 2 for week ending Jan. 17

- Number of US oil rigs down by 19 compared to one year ago

18.01.2025 Oil

Oil prices rise amid strong economic data from China, uncertainties over Trump's policies

- Strong macroeconomic data from China pointing a growth of 5% in 2024, supports upwards price movements

17.01.2025 Oil

US crude oil inventories down by 0.5% for week ending Jan. 10

- Daily crude oil production decreases to around 13.93 million barrels per day

16.01.2025 Oil

OPEC daily crude output up 0.1% in December 2024

- Global oil demand growth forecast for 2025 remains unchanged at 1.45 million barrels per day

15.01.2025 Oil

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IEA: Global oil output up by 20,000 barrels per day in December 2024

- Global oil demand is forecast to reach around 103.96 million bpd in 2025 while production estimated to be 104.7 million bpd

15.01.2025 Oil

US energy agency revises up crude oil price forecasts for 2025

- International benchmark Brent crude estimated to average $74.31 per barrel

15.01.2025 Oil

Oil prices rise with US demand increase, Gaza cease-fire talks cap gains

- Israeli Prime Minister says progress on cease-fire depends on Hamas's response while US administration hopes to finalize deal this week

15.01.2025 Oil

Oil prices slide with profit-taking after rallying to 3-month high

- News reports suggest ongoing conflict between Israel and Palestine close to a ceasefire

14.01.2025 Oil

Russia accuses US of planning to destroy TurkStream gas pipeline

- Foreign minister claims Washington has plans aimed at damaging energy infrastructure delivering gas from Russia to Türkiye

14.01.2025 General

Syria allows oil imports to address local market demand for fuel

- Move comes as Syria faces severe shortage of oil derivatives in local markets, says Oil Minister Ghiath Diab

13.01.2025 Oil General

Russia claims Ukraine attempted to strike TurkStream pipeline compressor station

-Defense Ministry says infrastructure received minor damage, no casualties

13.01.2025 General

US imposes new sanctions on Russia’s esnergy sector, targets Rosatom officials

- Blinken says new sanctions 'will further constrain revenues from Russia’s energy resources', 'degrade' Putin's ability fund Ukraine war

12.01.2025 General

US oil rig count down by 2 for week ending Jan. 10

- Number of US oil rigs down by 19 compared to one year ago

11.01.2025 Oil

Brent rises nearly 3% following intensified US Sanctions on Russia

- Oil prices surged by nearly 3%, reaching their highest levels in three months, driven by supply concerns after the US administration intensified sanctions targeting Russia’s oil production and exports

10.01.2025 Oil

Nuclear set to reach new record in 2025: IEA

Russia claims Ukraine conducted drone strike against Zaporizhzhia Nuclear Power Plant

Romania to lengthen lifespan of 1st nuclear reactor with $2 billion contract

Türkiye to initiate trial production at Akkuyu in 2025: Turkish energy min.

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

Spot market electricity prices for Saturday, April 15

Highlights of Türkiye's energy market in 2024

Global coal demand peaks in 2024, to plateau until 2027: IEA

Türkiye to begin 1st gold production in Niger in 2025

Spot market electricity prices for Monday, Nov. 11

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

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

Spot market natural gas prices for Friday, Dec. 29

US LNG carrier set to arrive in Türkiye on Jan. 13

bp begins 1st flow from West African offshore LNG project

Türkiye's LPG production down 14.6% in October

Türkiye's LPG production down 27% in September 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 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 crude oil inventories down 1% for week ending Dec. 1

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

US oil rig count down by 2 for week ending Aug 16

Scottish government approves £150 million offshore wind fund

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Germany's Enercon and partners to install 2,500 MW of onshore wind in Türkiye

Türkiye has potential for 27 GW of offshore wind by 2050, World Bank says

European Invest. Bank to loan €1B for Spain's solar, wind energy projects

Türkiye's solar power soars to record heights in 2024: Ember

QatarEnergy, TotalEnergies partner for 1.25GW solar project in Iraq

Global renewables jobs reach 16.2 million in 2023 with highest yearly rise

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

Hydro provides majority of Norway's power in January

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

EBRD's investments in Türkiye reach record of €2.6 billion last year

Global mining needs $6 trillion over next decade, Saudi minister says

Türkiye's licensed power generation up 4.64% in October

Türkiye's daily power consumption up 14.7% on Dec. 23

bp, Abu Dhabi’s XRG form joint venture for gas in Egypt

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 leaders of energy sector to convene at İstanbul Energy Forum

UN weather agency says 2024 on track to be warmest year on record

Climate Investment Funds grant $70 million to accelerate Türkiye's renewable energy integration

Vitol to invest $550 million in clean cooking technologies in Africa

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Türkiye's LPG production up 6.69% in November 2023

Türkiye's LPG production down 6.3% in October

One out of every four countries sees energy supply shortages among "top 5 risks"

Highlights of global energy market in 2024

Israel continues "unlawful" approach to Palestinian natural resources