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Baku-Tbilisi-Ceyhan p/line delivers 3 bbl oil in 12 yrs
- The highest oil delivery was made in 2010 with 286.2 million barrel
Aegean Marine, Mercuria Energy ink $1B financing deal
- Greece, Aegean Marine Petroleum, Mercuria Energy sign memorandum of understanding to complete $1 billion in refinancing
GE to upgrade & develop Nigeria's power infrastructure
- Focus will be on repair & upgrade of all critical transmission and distribution infrastructure to delivery 2.5 GW of power
French Assystem to aid S. Arabia in nuke site studies
- Assystem will study Saudi Arabia's site characterization for nuclear power plant construction
ConocoPhillips, BP share swap for UK and Alaska assets
- The transactions are expected to close simultaneously following regulatory approvals, company says
Westinghouse grid connects China's Sanmen nuclear plant
- Sanmen 1's turbine generator connects to electrical grid and begins generating electricity
Coal dominant source of power generation in 2017: BP
-With a share of 38 percent, coal was world's biggest source of electricity last year, according to BP's latest report
Orano, Japan nuke fuel company ink support service deal
-France-based multinational energy company Orano to offer support services to Japan Nuclear Fuel Limited
Turkey to receive $1.2B loan for gas storage project
-World Bank, Asian Infrastructure Investment Bank to loan $1.2 billion for Tuz Golu underground gas storage plant, min. says
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Orano to provide nuclear waste management service to UK
-French company awarded multi-million euro supply and professional services contract for UK nuclear waste logistics
Asian Dev. Bank to loan $500M to Bangladesh power plant
-800 MW project to cost $1.14 billion, and expected to be completed by end of June 2022
Total, Singapore's Pavilion to develop LNG bunker chain
-Companies take further step in developing liquefied natural gas as marine fuel in Singapore
Saudi Aramco, Abu Dhabi to build mega refinery in India
- Saudi Aramco and Abu Dhabi National Oil Company will build $44B mega refinery and petrochemicals complex in western India
Russia's Rosatom, Rwanda to cooperate in nuclear energy
-Deal is the first document in the field of peaceful uses of atomic energy signed between the two countries
French Orano, China's CNNC to process used fuel
-Orano, China National Nuclear Corp. agree to start preparatory work on fuel recycling plant with a capacity of 800 tons
Total CEO says no big energy company can work in Iran
-US sanctions make it impossible for major oil companies to do business with Iran, according to head of French oil giant
Fuel loading starts at China's Haiyang nuclear plant
- Westinghouse loads fuel at AP1000 nuclear power plant located in Haiyang, Shandong province
ExxonMobil launches world's largest resin plant
- EscorezTM hydrogenated hydrocarbon resins plant in Singapore to be 'world's largest with a capacity of 90,000 tons per year'
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France's Engie sells stake in Thailand's Glow for €2.6B
- Company says it will no longer operate any coal-fired assets in Asia-Pacific region
Turkey to build 3rd nuclear plant with China: Erdogan
-President says Turkey may send students to France, Japan and China for nuclear education
Australian South32 to buy 83pct stake in Arizona Mining
-South32 to acquire Arizona Mining in agreed all cash offer
ExxonMobil starts development of offshore Guyana field
- ExxonMobil will start oil production in 2020 offshore Guyana
TANAP to boost Turkey, Azerbaijan's economies: SOCAR
- Turkish and Azerbaijani presidents officially launch historical natural gas pipeline project TANAP on Tuesday in Eskisehir
Iran raises gas production by 9.3% in 2017
- Iran produces 214 billion cubic meters of natural gas last year, IRNA reported
Int. Atomic Agency reviews Switzerland's nuclear safety
- As part of the review, the team also visits the Beznau, Leibstadt and Gosgen nuclear power plants
Russia, China ink four nuclear deals in Bejing
- Rosatom considers the deal "the biggest package of contracts" in the history of the two countries' nuclear partnership
Exxonmobil expands presence in Brazil's pre-salt basin
- ExxonMobil, Equinor and Petrogal Brasil win Uirapuru exploration block in Brazil
Rio Tinto, Minmetals to explore minerals in China
- Rio Tinto and Minmetals establish joint venture for mineral exploration in China
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Japan's Ohi nuclear plant restarts power generation
- Plant restarts after receiving certificates from Nuclear Regulation Authority
France to develop nuclear cooperation in Brazil
- French company EFD will look into cooperation opportunities to finish building Angra 3 nuclear power plant
Russian Novovoronezh II 1st reactor powers 1.01M homes
- Unit 1 of Novovoronezh II nuclear plant has generated 10 terawatt-hours of power since 2016
Iran to start uranium enrichment
- Production of centrifuges comes under the framework of the JCPOA, says head of Atomic Energy Organization of Iran
Qatar buys 30% of Exxon's stake in Argentina
- Qatar Petroleum signs agreement to buy 30 percent equity in two ExxonMobil affiliates in Argentina
Iran starts oil swap with Iraq's Kirkuk
- Iran began 30,000 to 60,000 barrels per day of oil from Kirkuk oil fields in northern Iraq
Rio Tinto sells 75% stake in Australian mine for $200M
- Rio Tinto sells Winchester South coal development project to Australia's Whitehaven Coal Limited
Petronas reports 26% rise in 1Q18 profits
- Petronas earns about $3.25 billion in first quarter of 2018, company reports
Japanese Kansai to cut consumer power rates
- Kansai to cut power prices for consumers due to cost savings with onset of Units 3 & 4 operations at Ohi nuclear station
Total to start offshore oil development in Angola
- Zinia 2 is the first of several possible short-cycle developments on Block 17, company says
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UAE's 1st nuke reactor start-up schedule updated
- Barakah plant unit 1 will now start between the end of 2019 and early 2020, says operator company Nawah
Russia, France ink nuke cooperation agreement
- Both parties intend to jointly implement industrial facilities in third countries, says Russian Rosatom
OPEC and non-OPEC reach 152% conformity for oil cuts
- The next JMMC meeting would take place in Vienna, June 2018, says OPEC
Rosneft, Oranto to cooperate on energy projects in Africa
- Rosneft and Nigeria-based Oranto Petroleum signed a memorandum of understanding to cooperate on oil and gas projects in Africa
Brent oil drops below $77 level at week ending May 25
- Brent oil trades at $76.75 following Russian and Saudi energy ministers' meeting to discuss possibility of oil output rise
Rosneft, Kurdish Reg. Gov. ink deal for gas development
- Under agreement, parties will develop an integral plan for gas business within the Kurdish Regional Gov. area
Kazakhstan starts nuclear fuel deliveries to Brazil
- Kazatomprom delivers first natural uranium to Brazil, company reports
Nuclear over long term is cheap energy source: WNA
- Akkuyu Nuclear Power Plant will develop Turkey's industry, says World Nuclear Association head
Framatome to supply EDF enriched reprocessed uranium
- Framatome will supply EDF with enriched reprocessed uranium fuel assemblies
Rio Tinto in talks to sell Indonesian copper mine stake
- No agreements yet and no certainty for a binding deal, says Rio Tinto
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Turkish floating plant starts power supply to Sudan
- Turkish floating power plant will supply 150 megawatts of power to Sudan's national energy grid
World 1st floating nuke plant in situ for fuel loading
- Akademik Lomonosov - world's first floating nuclear power plant - arrives in Murmansk for fuel loading, says Rosatom
Kazakhstan to boost oil prod. to 104 mln. tons by 2025
- The country expects to have 87 million tons of oil production in 2018, says Kazakhstan Energy Minister
Russia, China to cooperate for electrical equip. supply
- Roadmap to be prepared by June 30 will include exact list of potential projects in accordance with the deal
Russia, Chile sign nuke cooperation deal
- Russia, Chile sign memorandum of understanding for cooperation in nuclear and lithium sector in Chile
Brent oil above $77 level at week ending May 11
- After US exit from Iran nuclear deal, oil prices reached $77.90 on Thursday - a high not seen since Nov. 2014
Total sells its Haiti retail business
- Total sells 92 service stations in Haiti as part of strategy to streamline asset portfolio in the Caribbean
What is reality behind US withdrawal of Iran nuke deal?
- Iran's takeover of European natural gas market is not something that US or Russia wants, says expert
Brent oil steady around $73 level at week ending May 4
- Brent steady due to US uncertainty on pulling out of Iranian nuclear deal, as well as with US crude oil production rises
Radioactive matter removed from 5 S. American countries
- Int. Atomic Agency facilitates largest project ever to remove highly radioactive matter from five South American countries
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Two new countries join China-backed Asian Infra. bank
- Asian Infrastructure Investment Bank approves Papua New Guinea and Kenya's membership
Spot market electricity prices for Sunday, April 29
- Energy Exchange Istanbul (EXIST) data shows trade volume as 64.37 million Turkish liras in electricity market
Turkish floating plant to supply Mozambique & Sudan
- Turkish floating power plant will supply energy to Mozambique for 5 years
DNO's 1st quarter revenue reports highest in four years
- DNO's current cash balance stands at $356 million, says DNO
Westinghouse starts fuel loading in China's Sanmen NPP
- Sanmen nuclear power plant receives fuel load permit from China's National Nuclear Safety Administration
Shell's profits rise 67 percent in 1Q18
- Shell increases total production by 2% to 3.83 million barrels of oil equivalent per day in the first quarter of 2018
French Total's profits rise 13 percent in 1Q18
- Total's production reaches record high of more than 2.7 million barrels of oil equivalent per day in first quarter of 2018
BP names Lund as new chairman from 2019
- BP appoints Helge Lund to succeed Carl-Henric Svanberg as chairman of BP, company announces
Russia to replace Bushehr nuke plant's fuel assemblies
- Rosatom's TVEL signs agreement with Iran for nuclear fuel supply to the Bushehr nuclear power plant
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TANAP to launch early June: Turkish President Erdogan
- STAR refinery set to open by October at latest, says President Erdogan
Spot market electricity prices for Thursday, April 26
- Energy Exchange Istanbul (EXIST) data shows trade volume as 93.05 million Turkish liras in electricity market
Asian Dev. Bank gives more than $32B to Asia in 2017
- Bank increases operations in Asia to respond to rapid urbanization, climate change, and growing demand for water and energy
Greece privatizes its natural gas distribution company
- Snam, Enegas and Fluxys will buy a 66 percent stake from Greece's national natural gas operator company DESFA, says company
Spot market electricity prices for Friday, April 20
- Energy Exchange Istanbul (EXIST) data shows trade volume as 83.82 million Turkish liras in electricity market
Total proposes 75% Direct Energie purchase for €1.4 bln
- Total wants to increase its share of gas and electricity distribution and power generation in France and Belgium
Brent oil below $72 at week beginning April 16
- Brent crude falls after limited U.S.-led operations on Bashar al-Assad regime in Syria
Spot market electricity prices for Monday, April 16
- Energy Exchange Istanbul (EXIST) data shows trade volume as 85.80 million Turkish liras in electricity market
Spot market electricity prices for week ending April 15
- Turkey's Energy Exchange Istanbul (EXIST) data shows trade volume of 567.78 million Turkish liras for this week's electricity mkt.
BP & Petrobras ink deal for hydrocarbon business
- BP and Petrobras already have joint interests in 16 exploration blocks in Brazil, BP says
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Japan, Australia launch first coal to hydrogen project
- Japan and Australia team up for world's first coal to hydrogen project in Victoria, Australia
ExxonMobil raises gas estimates in Papua New Guinea
- Field development set to extend gas pipeline infrastructure into country's western province, ExxonMobil official says
Build of final unit of UAE Barakah nuke plant completed
- Emirates Nuclear Energy Corp. also finishes pipe welding and setting of key reactor equipment for coolant loop of unit four
Spot market electricity prices for Wednesday, April 11
- Energy Exchange Istanbul (EXIST) data shows trade volume as 87.60 million Turkish liras for electricity market
Rolls-Royce inks deal to modernize Chinese nuke plants
- Rolls-Royce signs deal with Suzhou Nuclear Power Research Institute to modernize control systems of 14 nuclear plants
Brent oil drops below $68 at week starting April 9
- Brent crude shows downward trend due to fears of bigger trade dispute between U.S. and China
Unit 4 of Russia's Rostov nuke plant tests at 75% power
- Commissioning of Unit 4 for commercial operations is planned for 2018, says company
Abu Dhabi inks two deals for naphtha sales to Asia
- Abu Dhabi National Oil Company inks agreements with two Asian companies to sell up to 1.5 million tons of naphtha
Romanian Cernavoda nuclear plant in automatic shut down
- Automated disconnection of reactor has no adverse impact on personnel, the population or the environment, says company CEO
UAE completes build of Barakah nuke plant's 1st reactor
- United Arab Emirates and South Korea celebrate completion of unit 1 at Barakah nuclear power plant
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Genkai Nuclear Power restarts power production
- Genkai Nuclear Power Unit 3 restarts generating electricity on Sunday, company reports
Int. Atomic. Agency reviews France's nuclear safety
- International Atomic Energy Agency completes nuclear security advisory mission in France
Spot market electricity prices for Monday, March 26
- Energy Exchange Istanbul (EXIST) data shows trade volume as 75.41 million Turkish liras for electricity market
Spot market electricity prices for week ending March 25
- Turkey's Energy Exchange Istanbul (EXIST) data shows trade volume of 505.98 million Turkish liras for this week's electricity mkt.
China signs offshore concessions with UAE
- China's oil company, CNPC awarded stakes in two offshore concessions for 40 years, says company
Kurdish Reg. Gov. pays $62.46M for Tawke field oil ops.
- Genel's net share of the payment is $15.62 million, says Genel
Spot market electricity prices for Saturday, March 24
- Energy Exchange Istanbul (EXIST) data shows trade volume as 81.16 million Turkish liras for electricity market
Kurd. Reg. Gov. pays $9.23M to Taq Taq field partners
- Genel Energy receives share of $5.08 million for December's oil sales from KRG for Taq Taq field exports
Asia needs nuclear energy for clean, reliable power
- Asia needs nuclear energy to supply clean, reliable electricity, however, plans are still in development phase, Rising says