Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.
North America registers record funding of $1.7 billion in the first quarter of 2025, driven by emerging innovative techniques exploiting previously inaccessible geothermal resources, according to recent analysis by Wood Mackenzie.
Turkish power producer Eren Energi Elektrik Uretim has launched a tender to buy 375,000 tonnes of thermal coal to be delivered in five shipments starting from August 2025, according to a document seen by Platts on June 27.
Ignis Energy closes its $13.6mn Series A funding round, gathering international players to finance geothermal projects in the United States and Türkiye, now entering the technical maturity phase.
The Middle East conflict forces Iraq to delay certain oil developments, disrupting field operations despite temporary stability in production and exports amid growing logistical tensions.
Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.
After several months of interruption following a major political upheaval, Syria's Banias refinery has shipped its first cargo of refined products abroad, marking a partial revival of its energy sector.
In response to rising summer electricity consumption, Egypt signs import agreements covering 290 shipments of liquefied natural gas, involving major international firms, with financial terms adjusted to the country’s economic constraints.
Italiana Petroli, in negotiations with three potential buyers, is expected to finalize the total sale of the group for around €3 billion by late June, according to several sources close to the matter speaking to Reuters on Thursday.
The Kremlin condemns the European proposal to lower the price cap on Russian oil to $45 per barrel, asserting that this measure could disrupt global energy markets, as the G7 prepares for decisive discussions on the issue.
Facing Russian dominance in the Akkuyu nuclear project, Turkey accelerates international negotiations, aiming to mitigate risks related to energy dependency and potential strategic conflicts of interest.
Negotiations between the Kurdistan Regional Government and Baghdad officially focus on salary payments. Meanwhile, the Iraq-BP agreement to increase production in Kirkuk fuels speculation about a possible resumption of oil exports.
Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
At COP29, world leaders established the foundations for carbon markets under Article 6 of the Paris Agreement, but major challenges remain regarding integrity, demand, and national implementation.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.
At COP29 in Baku, NGOs criticized the G20 for lacking leadership on energy transition. Despite progress on climate finance, the absence of commitments on fossil fuels provoked sharp disappointment.
Masdar and SOCAR Green have closed the financing for two solar parks with a total capacity of 760 MW in Azerbaijan, a strategic project valued at USD 600 million and supported by multiple international financial institutions.
COP29 in Baku highlights the massive presence of fossil fuel representatives. Between lobbying and energy necessity, the debate on their role in the climate transition intensifies.
The announcement that Russian gas transit via Ukraine will cease in a few months' time is changing the energy dynamic in Europe and redefining supply and diversification strategies.
This article analyzes the economic, geopolitical and logistical consequences for the various players involved.
Romania, Azerbaijan, Georgia and Hungary create a joint venture to establish an energy corridor via a submarine cable, linking the electricity markets of Eastern Europe.
Climate envoys from Washington and Beijing are meeting this week to strengthen cooperation on energy and climate policies, ahead of COP29 in Azerbaijan.
Botas and Shell sign a 10-year contract to supply 4 billion cubic meters (Gm3) of liquefied natural gas (LNG) per year from 2027, strengthening Turkey's energy security and supply options.
Russia extends export duty exemption for thermal coal until December.
Despite this measure, logistical restrictions and sanctions continue to hold back global demand.
Iraqi Kurdistan continues to increase its oil production despite restrictions from Baghdad, which is trying to comply with OPEC+ quotas and attract US gas investment to diversify its energy sources.
Azerbaijan, rich in oil and gas, is adjusting its energy policy to maintain its position on international markets while responding to the challenges of an economy overly concentrated on hydrocarbons.
Ukraine terminates Russian gas transit contract to Europe from 2025.
This decision forces European countries to review their supply strategies and adapt to the new dynamics of the energy market.
Ukraine is terminating its gas transit contract with Gazprom from December 31, 2024, a move that will disrupt energy flows to Europe and heighten geopolitical tensions.
An oil tanker managed by an Azerbaijani company uses the Northern Sea Route to China, a route dominated by Russian Sovcomflot vessels, despite high navigation costs.
Kazakhstan, the world's leading uranium producer, is speeding up its transition to nuclear power.
Public consultations have been held ahead of the referendum that will determine the future of the country's first nuclear power plant.
Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
Bulgargaz is in talks with Botas to revise their gas agreement, essential to Bulgaria's energy diversification, in response to criticism of its efficiency.
Vladimir Putin visits Azerbaijan to consolidate energy partnerships, in a tense geopolitical context marked by the reorientation of European energy flows.
