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European gas and power markets tread sideways amid storage, tariff uncertainty

- European gas prices hit their lowest level since July 2024 amid weaker demand and tariff-driven economic fears, while summer power markets brace for increased solar output and ongoing supply risks

09:31 Energy Diplomacy

Türkiye aims for 120,000 megawatts of renewable energy by 2035: Turkish President Erdogan

-Türkiye to expand its solar and wind capacity to 120,000 megawatts by 2035 through $80B in investments, says Recep Tayyip Erdogan

08.05.2025 General

US crude oil inventories down by 0.5% for week ending May 2

- Daily crude oil production decreased to around 13.36 million barrels per day

08.05.2025 Oil

Türkiye’s wind and solar investments hit record capacity in 2024: Turkish energy minister

- Next round of renewable energy tenders to be held in October for solar and in November for wind, with each offering 2,000 megawatts of capacity, says Alparslan Bayraktar

07.05.2025 Renewable

Global electricity generation from renewables and nuclear surpasses 41% in 2024

- In 2024, renewable and nuclear energy sources played a leading role in global electricity generation, marking a historic shift towards cleaner, low-emission power amidst growing demand worldwide.

07.05.2025 Renewable Nuclear

US energy agency revises down Brent price forecast for 2025

- International benchmark Brent crude estimated to average $65.85 per barrel

07.05.2025 Oil

EU unveils plan to halt all Russian energy imports by 2027

- 'Russia will no longer be able to use energy as weapon against us,' says bloc's foreign policy chief

07.05.2025 General

IEA highlights six major trends in global energy for 2024

- In 2024, over 80% of the rise in global electricity demand was met by low-emission sources, while extreme temperatures drove a fifth of demand growth and pushed up emissions and coal use

06.05.2025 General

Oil prices up after sharp drop sparked by OPEC+ output hike plan

- Prices rebound on profit-taking after plunging to their lowest since February 2021 on Monday, following OPEC+ decision by 8 members to boost output.

06.05.2025 Oil

Syrian energy minister calls Türkiye to invest in Syria amid cross-border cooperation plans

- Türkiye-Syria to sign framework agreement for broader energy cooperation, Mohammed al-Bashir tells Anadolu

03.05.2025 Electricity Natural Gas Oil Energy Diplomacy

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Spot market natural gas prices for Thursday, May 1

- 1,000 cubic meters of natural gas on spot market costs 12,951.21 Turkish liras

02.05.2025 Natural Gas

OPEC+ plays key role in stabilizing oil markets during global turmoil

- OPEC+ interventions cut oil price volatility nearly in half during major global crises between 2017 and 2024

01.05.2025 Oil

US crude oil inventories down 0.6% for week ending April 25

- Daily crude oil production rises to around 13.46 million barrels per day

01.05.2025 Oil

Türkiye's energy import bill up 6.4% in March

- At $5.86 billion, energy accounted for 19.6% of the overall import figures in Türkiye in March

30.04.2025 Electricity Oil

Polish, US firms sign deal to continue nuclear power plant development in Poland

- Polskie Elektrownie Jadrowe and Westinghouse-Bechtel Consortium signed agreement, says Polish Prime Minister Donald Tusk following his meeting with US Secretary of Energy Chris Wright in Warsaw

29.04.2025 General

Türkiye's licensed power generation up 6.5% in Feb.

- Installed electricity capacity rises by 1.6% in February compared to same month in 2024

28.04.2025 Electricity

Türkiye's natural gas imports up 16.6% in February

- Russia, US, and Azerbaijan are Türkiye's largest gas suppliers, providing 2.41 bcm, 2.02 bcm, and 876 mcm, respectively

28.04.2025 Natural Gas

Spot market electricity prices for Monday, April 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 831 million Turkish liras

27.04.2025 Electricity

UK vows energy cooperation with US despite climate policy rift: Energy minister

- 'Whether it is political parties or other forces that want to take on net zero and the clean energy transition, they need to know this government is not for bending,' says Ed Miliband

26.04.2025 Renewable Energy Diplomacy

IEA chief calls for action to prevent monopoly in critical mineral supply

- Fatih Birol warns that concentration of critical minerals in one country poses significant risk to global energy security

25.04.2025 General

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

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

Europe LNG imports hit 3-year low in 2024: Report

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

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.

China set to surpass 50% of global solar capacity in 2025

Solar and wind permanently overtakes domestic coal in Türkiye's power generation

Türkiye's installed solar power capacity exceeds 20,000 MW

Türkiye awards six contracts for 800 MW solar projects

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

Türkiye's energy bill burden to ease with declining oil prices: Experts

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

US oil rig count up by 1 for week ending April 17

Türkiye could slash emissions, double economic gains by 2053 through energy efficiency

Türkiye, Azerbaijan, Bulgaria and Georgia signs MoU for "Green Electricity Transmission and Trade Project"

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 down 4.3% in December 2024

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

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