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Baghdad-Erbil oil deal revives prospects for reopening Iraq-Türkiye Pipeline

- Under terms of agreement, KRG will transfer revenues from all oil produced in region to Iraq's State Organization for Marketing of Oil (SOMO) and receive $16 per barrel advance on deliveries

11:12 Oil

US Embassy in Iraq condemns drone attacks on oil fields

- Targeted Sarsang field in Iraq operated by US HKN Energy company

16.07.2025 General

Drone attacks hit three oil fields in northern Iraq, causing damage

- Kurdish Regional Government condemns strikes on infrastructure; no casualties reported

16.07.2025 General

Erbil-Baghdad breakthrough could revive Iraq-Türkiye Oil Pipeline, experts say

- Following energy agreements between Kurdish Regional Government (KRG) and US firms, attention shifts to tense Erbil-Baghdad relationship

26.05.2025 Oil Energy Diplomacy

Türkiye, Iraq underline importance they attach to each other's political unity, sovereignty, and territorial integrity

- Countries reaffirm determination to enhance coordination and cooperation in military affairs, border security, counterterrorism, defense industry, energy, water, and Development Road Project

14.04.2025 General

'We expect Iraq to fight terrorist group PKK with the same intensity it fought ISIS': Turkish foreign minister

- ‘Türkiye's intention is to see Iraq both develop itself and overcome its own problems with a constructive policy,’ says Hakan Fidan

08.04.2025 General

Iraq agrees to supply Lebanon with fuel for 6 months

- Iraqi prime minister affirms his country’s support for Lebanon’s security, stability

30.03.2025 Oil

US urges Iraq to reach agreement with oil firms to resume exports via Iraq-Türkiye Pipeline

- Reopening Iraq-Türkiye pipeline ensures Iraqi oil can reach global markets, says State Department

20.03.2025 Oil Energy Diplomacy

Iraq moves closer to resuming oil exports through Türkiye's Ceyhan Port

- Initial stage of exports through Ceyhan is set to be 185,000 barrels per day, with plans to gradually increase this volume until it reaches capacity outlined in federal budget

06.03.2025 Oil Energy Diplomacy

Rubio, Iraqi prime minister agree to reopen Iraq-Türkiye pipeline: State Department

- ‘The two agreed on the need for Iraq to become energy independent,’ says US readout

26.02.2025 General

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Increased payments to KRG oil companies could help restart Iraq-Türkiye pipeline operations: Experts

- Iraqi Parliament approves budget amendments to subsidize KRG oil companies' production costs, sets rate at $16 per barrel

11.02.2025 Oil Energy Diplomacy

Attack targets gas field in northern Iraq

- No casualties or damage reported after strike on Khor Mor gas field in Sulaymaniyah province

03.02.2025 Natural Gas

Iranian minister arrives in Baghdad to discuss energy supplies

- Iraq's electricity minister receives Abbas Aliabadi and his accompanying delegation at Baghdad International Airport, says Iraqi News Agency

13.01.2025 General

Blinken, Iraqi prime minister discuss regional escalation, economy in New York

- During meeting, Blinken also emphasized need to reopen Iraq-Türkiye oil pipeline, according to State Department

24.09.2024 General

Türkiye resumes electricity exports to Iraq following 3-year pause

- Existing 400-kilovolt (kV) interconnection line will carry up to 300 megawatts of electricity to Iraq

22.07.2024 General

Iraq becomes shareholder of European Bank for Reconstruction and Development

- The country's membership was approved in October 2020 and process to become shareholder is now concluded

16.11.2023 Finance Middle East-Africa

Iraq to reach deal soon on resuming oil production from its Kurdish region: Minister

- Iraqi oil minister and KRG prime minister meet to discuss months-long suspension of oil exports

13.11.2023 Oil Middle East-Africa

Iraq plans purchase of natural gas from Turkmenistan

- Turkmenistan, ranking fourth globally with its vast natural gas reserves, will export natural gas to Iraq as part of swap deal

09.10.2023 Natural Gas

Turkish, Iraqi energy ministers to cooperate for reopening of Iraq-Türkiye pipeline

- Both ministers underline importance of resuming oil flow through pipeline as soon as possible

23.08.2023 Oil International Relations Türkiye Middle East-Africa

Iraq steps up efforts to find long-term solution for its chronic power outages

- To find long-term solution to power blackouts, Iraq signs oil-for-gas deal with Iran after its gas imports fell to 21 million cubic meters per day earlier in July

20.07.2023 Electricity Natural Gas Oil World Middle East-Africa

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

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

Akkuyu Nuclear says commissioning underway for 1st reactor unit

International Atomic Energy Agency ready to 'accompany' African countries on nuclear journey

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

Türkiye's LPG production up 10.1% in April

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

Global LNG exports rise 3.1% in 1st quarter on soaring EU demand

Cold winter drives gas price spikes, LNG inflows to Europe: Oxford

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 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

Oil rebounds over US plans to refill emergency stockpiles

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 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

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

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

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

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

Chile launches largest solar plant with battery storage in Latin America

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

Türkiye leads Europe with highest rise in hydropower capacity

Hydropower's role expands amid soaring global electricity demand

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

Spot market electricity prices for Thursday, July 10

Global wholesale gas prices average $4.88 per MMBtu in 2024

Türkiye's daily power consumption up 4% on June 24

Global renewable energy capacity surges 377% over past decade

Oil down with Fed inflation forecast, easing geopolitical tensions

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