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Energy giants invest in major LNG project in Abu Dhabi

- ADNOC鈥檚 CEO welcomes deal with four international companies and says project "will be one of the world鈥檚 lowest carbon-intensive LNG facilities"

10.07.2024 Natural Gas

ADNOC Gas inks $500-700 million LNG agreement with JERA Global Markets

- 'This agreement marks a significant milestone in ADNOC Gas' long-standing strategic partnership with JERA Co., Inc.' says ADNOC's CEO

18.10.2023 Lng/Lpg

Oil giant ADNOC to invest in carbon capture

- Project will allow capture and storage of 1.5 million tonnes of carbon per year

06.09.2023 Middle East-Africa

Russian delegation to visit Tehran for cooperation in oil, gas, petrochemical sectors

- Russian delegation will also attend opening ceremony of Iran Oil Show 2023 to be held between May 17-20

26.04.2023 Natural Gas Oil International Relations Eurasia

Russian Lukoil receives approval for Iraqi Eridu oilfield development

-Company will cooperate with Japanese firm, Inpex, to produce 250,000 barrels per day

07.03.2023 Oil World Eurasia

Abu Dhabi National Oil Co. announces gas discovery offshore Abu Dhabi

- Initial results show discovery of between 1.5 and 2 trillion standard cubic feet (TSCF) of raw gas, company says

03.02.2022 Oil News from companies World Middle East-Africa

Shell sells shares in Deer Park refinery to Pemex for $596 million

- Deer Park Refining Limited Partnership was 50-50 joint venture between Shell and Pemex subsidiary P.M.I. Norteamerica

25.05.2021 Oil International Relations News from companies

Iran signs $1.78B deal with local firm to develop Farzad gas field

-Farzad was discovered in 2008 by consortium of three Indian companies, ONGC, Oil India Limited and Indian Oil Corporation

17.05.2021 Oil International Relations International Organization World Middle East-Africa

Iranian firms to hold 70% share in oil production plans

- Local production share in contracts to enhance Iran's oil output will be over 70% and rise to 80% on project completion

17.08.2020 Oil World Middle East-Africa

Petrofac wins $135M contract with Kazakhstan鈥檚 NCOC

- Engineering, Procurement, Consruction, Pre-commissioning and Commissioning is for new water treatment facilities at Atyrau

10.07.2020 Europe Eurasia General

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'Foreigners enter Sidra oil field': Libyan oil company

- National oil company says El Sharara oil field was occupied by Russian security company Wagner's mercenaries 25 days ago

06.07.2020 Oil Refining/Petro Chemistry Energy Security Energy Projects

Kuwait, Saudi Arabia restart production at Khafji field

- Facility closed as part of output cut agreement to ensure price stability in crude oil market

03.07.2020 Oil Upstream Middle East-Africa

EU supports Libya鈥檚 efforts to resume oil production

- Delegation from European Union in Libya condemns presence of foreign mercenaries in oil fields, including Sharara oilfield

01.07.2020 Oil Europe Middle East-Africa

ADNOC inks record high gas pipeline investment deal

-With $10.1 billion to ADNOC, deal is single-largest energy infrastructure transaction in region and biggest in world in 2020

23.06.2020 Lng/Lpg Middle East-Africa

Petrofac considers cost cuts of $125 million in 2020

- Energy company will also delay majority of 2020 tenders until 2021

15.05.2020 Upstream Refining/Petro Chemistry

Petrofac secures BP maintenance, metering contracts

- Petrofac strikes new deals with BP on digitalization

13.05.2020 Invesments Europe General

Azerbaijani oil company to expand operations in Ukraine

- Azebaijani, Ukrainian presidents discuss joint capital investment projects, improvement of bilateral relations

18.12.2019 Energy Diplomacy General

SOCAR, Petrofac secure management services deal with BP

- Three-year contract will support both onshore and offshore activity for BP-operated projects in Caspian Sea

17.12.2019 Natural Gas Eurasia General

Big oil, gas find in UAE boosts ranking to 6th in world

- Reserves include 7 billion barrels of oil, 1.64 trillion cubic meters of gas, lifting UAE up from 7th position globally

05.11.2019 Natural Gas Oil Middle East-Africa General

US, Bahrain discuss security issues amid Iran tensions

- US defense chief, Bahrain crown prince discuss 'maritime security threats and Iranian malign influence in the region'

18.09.2019 Energy Security International Relations International Organization Americas Middle East-Africa

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