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Libya's oil shutdown causes over $120M in losses

- Production and exports halted after eastern government鈥檚 response to dispute over who controls central bank, with oil output falling dramatically

31.08.2024 Oil

Nigerians express frustration over currency shortage, fuel prices ahead of polls

- Thousands unable to get new naira notes after Central Bank鈥檚 deadline

15.02.2023 World Middle East-Africa

European stock markets open higher after central bank's historic rate hike

- STOXX Europe 600 up 0.68%, UK's FTSE 100 rises 0.61%

09.09.2022 World Europe

If Russian oil exports fall, inflation could surge, warns Central Bank head

- A lot to depend on how much oil country will be able to redirect to other markets, says Elvira Nabiullina

11.06.2022 Oil World Eurasia

US energy agency revises oil price forecast up for 2022

- International benchmark Brent crude now estimated to average $107.37 per barrel in 2022 and $97.24 per barrel in 2023

08.06.2022 Oil Americas

OPEC+ to maintain same production plan for June

- Next meeting of OPEC and non-OPEC members scheduled for June 2

05.05.2022 Oil World

US energy agency revises up oil price forecast for 2021/22

- International benchmark Brent crude is now estimated to average $65.19 per barrel in 2021

09.06.2021 Oil Americas

Turkey鈥檚 central bank chief says fears of early interest rate cut 'unjustified'

- Bank to continue setting policy rate above realized, expected inflation throughout disinflation process, says Sahap Kavc谋oglu

03.06.2021 Finance Türkiye General

'Turkish Central Bank to continue monetary tightening'

- Claim that there is $128B deficit in Central Bank's foreign exchange reserves is untrue, says governor

24.04.2021 Finance Türkiye General

Turkish Central Bank keeps interest rates unchanged

- Policy rate, also known as 1-week repo rate, stands at 19% in line with market expectations and tight monetary policy stance

16.04.2021 Finance Türkiye

home > related news

Libya records 92% loss of oil, gas revenues in 2020

- NOC struggles to control oil fields, storage tanks, pumping stations, pipelines and ports, and lacks money for repairs

21.01.2021 Natural Gas Oil Energy Security Middle East-Africa

Iran oil revenue down over 50% since 2018: Central Bank

- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal

08.01.2021 Oil Americas Middle East-Africa

Iraq鈥檚 central bank devalues national currency

-Iraq says devaluation is necessary to overcome economic crisis brought by low oil prices

21.12.2020 Stock Market Energy Projects Middle East-Africa

Meeting on reviving Libya鈥檚 economy ends in Geneva

- Economic, banking, oil and finance officials from all sides agree to January meeting to continue quest to resolve crises

16.12.2020 Energy Diplomacy Energy Security Energy Projects

Turkey dismisses governor of central bank

- Former Finance Minister Naci Agbal appointed to post

07.11.2020 Finance Türkiye

Turkey's manufacturing capacity up in September

- Manufacturing capacity utilization rate rises to 74.6% in September, says Turkish Central Bank

24.09.2020 Türkiye

Turkey's LPG imports down 4.42% in June 2020

- LPG production decreases to 45,339 tonnes with a year-on-year drop of 51.06%, according to Turkey's energy watchdog

24.08.2020 Lng/Lpg Türkiye

Turkey: Central Bank to halve overnight borrowing limits

- Further tightening liquidity conditions through cutting limits aims to support Turkish lira

18.08.2020 General

Turkish Central Bank halves open market liquidity limits

- Cutting liquidity limits offered to primary dealers so as to tighten liquidity conditions to back Turkish lira

07.08.2020 Finance Türkiye General

Turkish Central Bank posts $86.3B in June reserves

- Foreign currency reserves amount to $45.8B, gold reserves $39.1B, official data show

29.07.2020 Invesments Türkiye

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

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

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

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 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.

Chile launches largest solar plant with battery storage in Latin America

Türkiye's daily solar power generation hits highest level of year

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

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

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

Spot market natural gas prices for Saturday, May 31

Pakistan plans to allocate 2,000 megawatts of electricity for Bitcoin mining, AI data centers

Spot market electricity prices for Tuesday, May 20

Aramco posts 4.8% drop in Q1 net income amid lower oil prices

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

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 陌stanbul Energy Forum

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