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      South Korea set to restart Shin-Hanul 2 nuclear reactor

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      Kazakhstan starts construction of first nuclear power plant

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

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

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      Türkiye says power system strong amid European blackout

      Türkiye's daily power consumption down 1.8% on April 26

      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 up 16.7% on May 22

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      Türkiye's daily power consumption increases 1.2% on May 10

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

      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

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

      Türkiye says power system strong amid European blackout

      Türkiye says power system strong amid European blackout

      Global carbon emission storage facilities double in 5 years

      Global carbon emission storage facilities double in 5 years

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      Spot market natural gas prices for Tuesday, Nov. 5

      Spot market natural gas prices for Tuesday, Nov. 5

      Global natural gas investments to reach almost $9 trillion by 2050

      Global natural gas investments to reach almost $9 trillion by 2050

      Spot market natural gas prices for Thursday, Jan. 5

      Spot market natural gas prices for Thursday, Jan. 5

      Turkish president announces more gas reserves found in Black Sea

      Turkish president announces more gas reserves found in Black Sea

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      Spot market natural gas prices for Thursday, April 17

      Türkiye's natural gas imports up 17.7% in October

      Türkiye's natural gas imports up 17.7% in October

      Costs double as oil and gas discoveries decline in global markets

      Costs double as oil and gas discoveries decline in global markets

      Global gas production to increase by around 32% by 2050

      Global gas production to increase by around 32% by 2050

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      US approves additional LNG exports to non-FTA countries

      US approves additional LNG exports to non-FTA countries

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

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

      Türkiye's LPG production up 10.1% in April

      Türkiye's LPG production up 10.1% in April

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

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

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      Oil production in Türkiye's eastern region breaks first record in 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

      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 crude oil inventories down 1% for week ending Dec. 8

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      US oil rig count up for week ending Dec. 8

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      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 8 for week ending May 23

      US oil rig count down by 6 for week ending June 28

      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 dives as weak US inflation data dashes hopes for interest rate cuts

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      US oil rig count down by 9 for week ending April 11

      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 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 up on expectations of supply delay from OPEC+, recession fears in US

      Oil prices rise in week ending Aug.30 amid falling US inventories

      Oil prices rise in week ending Aug.30 amid falling US inventories

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      Türkiye's renewable energy peaks in June

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

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

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

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

      Global wind power capacity sees record growth in 2024

      Global wind power capacity sees record growth in 2024

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

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

      Türkiye's renewable energy peaks in June

      Türkiye's renewable energy peaks in June

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

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

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

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

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

      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

      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

      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

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

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      Highlights of Türkiye's energy market in 2024

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

      Taiwan starts drilling of 1st deep geothermal well

      Taiwan starts drilling of 1st deep geothermal well

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

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

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

      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

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

      bp Q2 profit falls to $2.35B, beating forecast

      bp Q2 profit falls to $2.35B, beating forecast

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

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

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      OPEC+ agrees to extend group-wide output cuts into 2025

      OPEC+ agrees to extend group-wide output cuts into 2025

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      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

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

    • Electricity
      Spot market electricity prices for Sunday, Dec. 3

      Spot market electricity prices for Sunday, Dec. 3

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      Spot market electricity prices for Thursday, June 8

      Spot market electricity prices for Thursday, June 8

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

    • Natural Gas
      Spot market natural gas prices for Friday, Dec. 1

      Spot market natural gas prices for Friday, Dec. 1

      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

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

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

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

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

      Global renewable energy capacity surges 377% over past decade

      Global renewable energy capacity surges 377% over past decade

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

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

    • LPG
      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production up 12.4% in March

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 4.3% in December 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production down 25% in April 2024

      Türkiye's LPG production up 15% in December 2023

      Türkiye's LPG production up 15% in December 2023

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

      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

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

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

    • International Relations
      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Albania, Italy, UAE sign deal on green energy cooperation

      Albania, Italy, UAE sign deal on green energy cooperation

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

      Experts: Iran's intensifying energy bottleneck drives country into multifaceted crisis

    • International Organization
      Trump's victory shifts focus to US climate, trade policies

      Trump's victory shifts focus to US climate, trade policies

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

      US energy agency revises down Brent price forecast for 2024

      US energy agency revises down Brent price forecast for 2024

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

      Global oil demand growth to fall by half in 2024: Int. Energy Agency

    • Energy Projects
      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      US energy agency slightly revises up Brent price forecast for 2025

      US energy agency slightly revises up Brent price forecast for 2025

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Pakistan, Türkiye sign pact on joint bidding for offshore oil and gas exploration

      Syria, Saudi energy company discuss cooperation in agricultural sector

      Syria, Saudi energy company discuss cooperation in agricultural sector

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Brussels briefing, Nov. 12

home > Reports 12.11.2018 09:37

The EU’s General Affairs Council will convene in Brussels on Monday to discuss the rule of law in Poland. Ministers will also reexamine Article 7(1) of the Treaty on European Union for Hungary. The Council will then prepare for the European Council meeting on Dec. 13-14 by discussing an annotated draft agenda. In addition, the Council will hold a policy debate on the multiannual financial framework for 2021-2027. The Austrian presidency and the incoming Romanian presidency will present the 2019 European semester roadmap.

The Commission's Brexit chief negotiator Michel Barnier will update the Council in an EU27 format on ongoing Brexit talks with the U.K. Ministers will focus their discussions on the state of play on the completion of work for the withdrawal and the framework for future relations with the U.K.

German Chancellor Angela Merkel will debate the future of Europe with MEPs and EU Commission President Jean-Claude Juncker on Tuesday in Strasbourg. This will be the twelfth in a series of future of Europe debates between EU heads of state or governments and MEPs.

To fight climate change, new ambitious binding 2030 targets for renewables (32 percent) and energy efficiency (32.5 percent) will be put to the vote on Tuesday in Strasbourg. The new law also stipulates that some types of food-crop biofuels will be phased out, in a move towards second-generation biofuels.

The 10th EU-Albania Stabilization and Association Council will review the state of relations under the Stabilization and Association Process on Wednesday in Brussels. The participants will discuss the pre-accession strategy, including the political and economic criteria, acquis and financial cooperation. They will also review the state of play of implementation of the Stabilization and Association Agreement. There will also be an exchange of views on developments in Albania and the Western Balkans.

Members of the European Parliament (EPs) will lay down their funding priorities for the EU’s post-2020 long-term budget, including a breakdown of the amounts foreseen for each EU program on Wednesday in Strasbourg. They are likely to push for more funding for youth, research, growth, jobs and in tackling climate change. New challenges like migration, defense and security should also receive adequate resources.

Parliament will vote on a new telecom law on Wednesday in Strasbourg capping intra-EU phone calls at €0.19 cents per minute and €0.06 cents for text messages (SMS) from May 15, 2019. The law also lays down that the rollout of 5G networks should be speeded up and that an SMS alert system for emergencies should be created in all member states.

Parliament will vote on a proposal for a new EU humanitarian visa system on Wednesday, which would allow asylum-seekers to reach Europe without putting their lives at risk. They would be able to request a visa at EU embassies or consulates abroad, giving them access to European territory for the sole purpose of submitting an asylum application.

EU’s Trade Commissioner Cecilia Malmström will be in Washington D.C. on Wednesday to meet with Robert Lighthizer, the United States trade representative.

An EU-South Africa summit will take place in Brussels on Thursday. EU and South African leaders will review relations and discuss ways of intensifying and broadening their cooperation during this 7th summit between the two sides. The leaders are expected to focus their discussions on economic, trade and investment cooperation, development cooperation, global challenges such as climate change, migration and human rights, and multilateralism.

Updated rules on European rail passenger rights will be put to a vote on Thursday in the European Parliament. These include more compensation for travelers in case of delays, better information given to passengers about their rights, better assistance to people with reduced mobility, better access to cyclists and clearer complaints-handling procedures.

The EU’s Economic and Financial Affairs Council will meet on Friday in Brussels to discuss budgets. The Council will prepare negotiations with the European Parliament on the EU's general budget for 2019. Negotiations will be held at a conciliation committee meeting the same day. The conciliation committee's task is to bridge the gap between the positions of the Council and the European Parliament in order to agree on a joint text. After the meeting of the conciliation committee, the Council will resume its session to take note of the results and endorse the deal. If the negotiations with the Parliament are not successful, the Council will then decide on the next steps to take. 

On Oct. 24, the Council announced that it could not accept all of the Parliament's amendments for the 2019 budget. As a result, a three-week conciliation process started on Oct. 30 and will run until Nov. 19. The Parliament is asking for an increase of total commitments to €166.3 billion and total payments to €149.3 billion. The Council had set total commitments at €164.1 billion and total payments at €148.2 billion.


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