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Türkiye ramps up energy ambitions as output from Sakarya field rises

Türkiye's daily natural gas production at its flagship Sakarya field in the Black Sea has reached around 9.5 million cubic metres (mcm), Energy and Natural Resources Minister...

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Santorini’s volcano: Ticking time bomb beneath paradise

Santorini, Greece’s most famous tourist island, owes its iconic landscape to a massive volcanic eruption that occurred thousands of years ago. Today, the same natural forces that...

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Aramco reports 24.7% drop in 2023 profit but still hikes dividends

Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices, but said it still boosted its dividends la...

Top US diplomat, KRG PM discuss Türkiye-Iraq oil pipeline

The U.S. and Iraq's Kurdistan Regional Government (KRG) held talks Friday on reopening the Iraq–Türkiye Pipeline, according to the State Department. Secretary of State Marco...

Investments in battery sector in Türkiye exceed $1B in 2024

Türkiye has introduced incentives and regulations to achieve a storage target of 80 gigawatt-hours (GWh) by 2030, while the energy sector's agreements to establish cell and ba...

Türkiye’s solar power capacity surpasses 12,000 MW milestone

The total installed capacity of solar energy in Türkiye exceeded 12,000 megawatts (MW) for the first time as of the end of February and reached 12,425 megawatts, according to the s...

Agreement reached on transportation of Turkmen gas to Türkiye

An agreement has been reached on the transportation of natural gas from Turkmenistan to Türkiye through Azerbaijan and Georgia, Energy and Natural Resources Minister Alparslan Bayr...

Oil output in Türkiye’s southeast to reach new peak by end-Ramadan

Daily oil production in Şırnak, Türkiye's southeastern province that had long been a victim of a heavy terrorist presence, is on course to reach new peak by the end of the hol...

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