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Russia's oil export revenue falls 13.6% in 1Q20

- Country's oil exports decrease by 5.8% to 63.1 million tons in January-March period

20.05.2020 Finance , Eurasia , General

Russia disputes with Armenia, Belarus on gas prices

- Eurasian Economic Union leaders fail to adopt common strategy for development

20.05.2020 Natural Gas , Eurasia

Turkey, Russia to lift time limits on ground shipments

- Turkish, Russian transportation ministers agree lifting some time limitations on ground shipments

17.05.2020 Energy Diplomacy , Turkey , Eurasia

Russia's Rosneft reports 156 billion ruble loss in 1Q20

- In first quarter of 2020, company's oil production declined by 1.1% to 57 million tons

16.05.2020 Oil , Eurasia

Kazakh oil output rises 6% in 1st quarter: Energy min.

- Energy Minister says his country’s oil exports exceeded expectations and reached 25.3 million in first four months of 2020

13.05.2020 Oil , Eurasia

Turkish president sends Victory Day message to Putin

- Recep Tayyip Erdogan congratulates Russian president on 75th anniversary of end of World War II

11.05.2020 Energy Diplomacy , Turkey , Eurasia

Saudi, Russia, US share fight intensifies in oil market

- Weak demand, low prices force Riyadh and Moscow to raise competition in Asian and European oil markets

06.05.2020 Upstream , International Relations , Eurasia , Americas , Middle East-Africa

World's largest uranium producer's output falls in 1Q20

- Kazatomprom's uranium production slightly falls in first quarter of 2020 due to reduced operational activity over 3 months

05.05.2020 Nuclear , Eurasia

Russia has reserves to offset effects of oil price drop

- There is no need to write a catastrophic scenario about the oil market situation, according to Kremlin spokesperson

21.04.2020 Oil , Eurasia

Oil prices start week low with weak demand, oversupply

- Oil storage levels see sharp increase over past few weeks, leaving less room for available capacity

21.04.2020 Upstream , International Organization , Eurasia , Middle East-Africa

SOCAR's gas production up 16% in 1st quarter of 2020

- Company's gas production reached 1.81 billion cubic meters in first quarter of 2020

16.04.2020 Natural Gas , Eurasia

Russia: Foreign direct investments drop 98% in Q1

- COVID-19 may cause narrowing of Russian economy

14.04.2020 Finance , Eurasia

OPEC to cut oil by 9.7 mln. barrels per day from May 1

- Current deal will be valid until April 30, 2022, with review of possible extension in December 2021

13.04.2020 Upstream , International Organization , Eurasia , Middle East-Africa

OPEC reaches final deal to cut oil output by 10M bpd

- Mexico to cut crude output by 100,000 bpd, remaining 300,000 bpd to come from US

13.04.2020 Upstream , International Organization , Eurasia , Americas , Middle East-Africa

Putin, Saudi crown prince discuss OPEC+ decision

- Vladimir Putin, Mohammed bin Salman discuss OPEC+ decision to reduce oil production

11.04.2020 Eurasia , Middle East-Africa

Putin, Trump discuss oil prices, coronavirus over phone

- Russian, US presidents talk about measures taken by two countries to stem spread of COVID-19

12.04.2020 Oil , Eurasia , Americas

Oil prices down after OPEC production cut deal

- OPEC+ cut will not be enough to avoid reaching full storage capacity unless countries outside OPEC+ also lower output

10.04.2020 Upstream , Stock Market , Eurasia , Middle East-Africa

OPEC, allies agree to lower oil production by 10M bpd

- Oil output cuts will start on May 1

11.04.2020 Upstream , Oil , International Organization , Eurasia , Middle East-Africa

Global oil storage capacity can fill in May: OPEC head

- Potential excess of 14.7M bpd in second quarter, Barkindo says

11.04.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Oil prices on rise as market awaits OPEC decision

- OPEC+ expected to lower collective output by 10-15 million barrels per day to trim some of oversupply in market

10.04.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Oil prices gain as OPEC meeting looms

- OPEC+ expected to lower collective oil output substantially to trim some oversupply in global market

09.04.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Oil prices up with hopes of OPEC making deeper cuts

- OPEC+ expected to make necessary production curbs with hope of removing some oil market oversupply

07.04.2020 Upstream , Stock Market , International Organization , Eurasia , Americas , Middle East-Africa

Brent oil heading for 23% weekly gain with OPEC at sight

- OPEC members to hold video conference on Monday to discuss how they can stabilize oil market

05.04.2020 Upstream , Stock Market , International Organization , Eurasia , Americas , Middle East-Africa

Azerbaijan says OPEC, OPEC+ set to meet on April 6

- The possibility of a new declaration of cooperation will be discussed, Azerbaijan's energy ministry says

04.04.2020 Oil , Eurasia , Americas , Middle East-Africa

Oil retreats as markets doubt Saudi, Russia deal

- Crude prices down after they soar 16% on expectations for oil output cut from Riyadh, Moscow

03.04.2020 Upstream , Stock Market , International Relations , Eurasia , Americas , Middle East-Africa

Oil up as Trump talks to Saudi, Russia to end price war

- "I have confidence in both that they'll be able to work it out," Trump says

02.04.2020 Upstream , Stock Market , International Relations , Eurasia , Americas , Middle East-Africa

US, Russia energy ministers discuss oil market

- Two energy officials discuss volatility in prices, oil market developments

02.04.2020 Downstream , Stock Market , International Relations , Eurasia , Americas

Russia founds new company in Venezuela after Rosneft sale

- Russian government establishes new oil company called Roszarubejneft

31.03.2020 Oil , Finance , Eurasia , Americas , General

Oil prices up as US, Russia set to discuss oil market

- It is unlikely for Moscow to break bread with Washington since it struggles to maintain market share against US shale

31.03.2020 Upstream , Stock Market , International Relations , Eurasia , Americas

Companies to explore hydrogen use as fuel in Singapore

- Move aims to develop ways to utilize hydrogen as a green energy source, according to joint statement

31.03.2020 Energy Projects , Eurasia

SOCAR, Equinor discover oil in Karabagh oil field

- Size of discovery considered "satisfactory" to pursue commercial development, according to SOCAR

21.03.2020 Oil , Eurasia

Brent prices on the rise after historical lows

- On March 18, benchmark dipped below $25 per barrel

20.03.2020 Oil , World , Eurasia , Americas , Middle East-Africa

Russian crude oil production to decline in 2022: Lukoil

-If OPEC+ deal did not collapse, one barrel of oil would now cost about $50, according to Russia's Lukoil vice president

20.03.2020 Oil , Eurasia

Brent oil price continue its fall below $30 a barrel

- On March 16, benchmark crashed to its lowest level since January 2016

19.03.2020 Oil , World , Eurasia , Middle East-Africa

Russia to vote on constitutional amendments on April 22

- Russian president signs decree, fixing date of referendum on constitutional amendments

18.03.2020 Energy Diplomacy , Eurasia

Brent oil price falls below key level of $30 a barrel

- Benchmark hits lowest level since Jan. 26, 2016

17.03.2020 Upstream , Stock Market , Eurasia , Middle East-Africa

Oil heading for 20% weekly loss, worst in 29 years

- Prices to mark largest weekly decline since Gulf War in January 1991

14.03.2020 Upstream , Stock Market , Energy Security , Eurasia , Americas , Middle East-Africa

Oil around four-year lows with oversupply, coronavirus

- Prices trading around lowest levels since February 2016

13.03.2020 Upstream , Stock Market , Eurasia , Middle East-Africa

Saudi Arabia orders Aramco to up oil capacity by 1M bpd

- National oil company Saudi Aramco could see oil production capacity of 13 million bpd

12.03.2020 Upstream , Oil , International Relations , Eurasia , Middle East-Africa

Oil prices continue recovery from 4-year lows

- Crude prices gain with Trump's stimulus hopes

11.03.2020 Upstream , Oil , International Relations , Eurasia , Americas , Middle East-Africa

Turkish, Russian defense ministers discuss Idlib, Syria

- Hulusi Akar, Sergey Shoygu hold phone conversation to discuss situation in northwestern Syrian province of Idlib

11.03.2020 Energy Security , Turkey , Eurasia , Middle East-Africa

Saudis, Russians set to stir price war via oil rise

- Two pillars of OPEC+ alliance ready to ramp up crude production in next quarter

11.03.2020 Oil , Eurasia , Middle East-Africa

Brent recovers around 10% from worst fall in 29 years

- Oil prices bounce back with U.S. economic stimulus hopes

11.03.2020 Upstream , Stock Market , International Organization , Eurasia , Americas , Middle East-Africa

Oil price dive to mainly hurt Saudis, Russia & US shale

- As Moscow wants to drive US shale out of market, Russia and Saudi Arabia risk budget deficits

11.03.2020 Upstream , Stock Market , International Organization , Eurasia , Americas , Middle East-Africa

Oil prices dive to 4 year-low as OPEC deal fails

- Crude prices down on average 30% as Saudi Arabia and Russia fail to further cut oil production levels

10.03.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

OPEC+ fails to agree further cuts in oil production

- Group also fails to rollover existing cuts, risks additional 2.1M bpd of crude oil in market when second quarter begins

09.03.2020 Upstream , Oil , International Organization , Eurasia , Middle East-Africa

OPEC+ fails to agree further cuts in oil production

- Group also fails to rollover existing cuts, risks additional 2.1M bpd of crude oil in market when second quarter begins

06.03.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Oil prices down more than 4% with OPEC+ yet to agree

- Members of OPEC+ holding talks at final day of their meeting in Vienna, but they have not come up with final decision yet

07.03.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Russia fails to support deeper cuts in OPEC+ meeting

- Kazakhstan and Russia do not support greater output curb by another 1.5 million barrels per day for second quarter

05.03.2020 Upstream , International Relations , Eurasia , Middle East-Africa

More cuts predicted for OPEC of 1 mln. barrels per day

- 400,000 bpd output cut to come from Saudis, other 600,000 bpd to be split between OPEC+, one expert says

05.03.2020 Upstream , Stock Market , International Organization , Eurasia , Middle East-Africa

Russia's Gazprom to drop gas prices by 40% for Bulgaria

- Bulgarian Prime Minister Boyko Borisov announces Gazprom's large discount

03.03.2020 Natural Gas , Finance , Europe , Eurasia , General

SOCAR to send two tankers of oil to Belarus in March

- Arrangement marks alternative oil source to Russia, which president said would occur if Russia sets high oil prices

02.03.2020 Oil , Eurasia , General

Trump claims Dems leak Russia intel to hurt Sanders

- US president accuses House Intelligence Committee Chairman Adam Schiff of leaking information to media

26.02.2020 Energy Diplomacy , Eurasia , Americas

SOCAR, Snam to study renewable gas development

- The deal covers potential delivery of sustainable energy sources through the Southern Gas Corridor in the future

21.02.2020 Natural Gas , Renewable , Europe , Eurasia

Rosneft income increases 50% in fourth quarter of 2019

- Revenue rises 6.3% from final quarter of 2018

20.02.2020 Upstream , Upstream , Invesments , Eurasia

Halliburton, Socar AQS agree to joint venture in Azerbaijan

- The JV will provide oilfield products and services with operations start expected for the second quarter of 2020

11.02.2020 Downstream , Downstream , Energy Projects , Eurasia

Russia reiterates firm support for Venezuela's Maduro

- Russian FM Lavrov visits Nicolas Maduro in Caracas days after White House hosts Juan Guaido in Washington

08.02.2020 International Relations , Eurasia , Americas

Rosneft signs contract to supply 2M tons oil to India

- Rosneft's CEO Igor Sechin meets Indian minister of oil and gas Dharmendra Pradhan in New Delhi

06.02.2020 Oil , Eurasia , Asia , General

1st billion cubic meters of gas supplied via TurkStream

- Turkish gas market receives 54% of one billion cubic meters of supplied gas

29.01.2020 Natural Gas , Turkey , Eurasia , General

World's 1st floating nuke plant sends first power

- The company's main objective for 2020 is to start commercial operations

24.01.2020 Nuclear , Eurasia

Novatek to participate in hydrocarbon tender in Lebanon

- "As part of consortium, we will participate in tender for resources in Lebanese continental shelf," says company's CEO

25.01.2020 Eurasia , Middle East-Africa , General

Russia testing US in Syria: military official

- Deputy commander of Combined Joint Task Force-Operation Inherent Resolve warns Russian forces against provocative actions

23.01.2020 Eurasia , Americas , Middle East-Africa

TurkStream gas pipeline launches in Istanbul

- Energy and Natural Resources Minister Fatih Donmez calls the project 'visionary' and 'new symbol of cooperation'

11.01.2020 Downstream , Energy Projects , Turkey , Europe , Eurasia

Turkish-Russian presidents to launch TurkStream on Wed.

- Total capacity of pipeline is 31.5 billion cubic meters

08.01.2020 Natural Gas , Turkey , Eurasia , General

Putin, Merkel to meet in Moscow to discuss Middle East

- German chancellor to travel to Russia on Jan. 11 in wake of killing of top Iranian commander by US drone strike in Iraq

08.01.2020 Energy Diplomacy , Europe , Eurasia , General

Russia and Ukraine sign deal for gas transit to Europe

- Deal is sealed before current agreement expires on December 31

31.12.2019 Europe , Eurasia , General

Russia calls for ceasefire in Libya

- Foreign Minister Sergey Lavrov says ceasefire basic condition for start of political dialogue

31.12.2019 Energy Diplomacy , Eurasia , Middle East-Africa

Akkuyu nuclear signs coolant equipments agreement

- Rosatom's Atomenergomash, Russian firm NPO TsNIITMASH, Germany's Taprogge GmbH will supply equipments

30.12.2019 Nuclear , Energy Projects , Turkey , Eurasia

World's 1st floating nuke plant to spur regional economy

- Replacing coal-burned Chaunskaya Power Plant, Akademik Lomonosov to ensure elimination of harmful emissions in Arctic ecosystem

28.12.2019 Electricity , Nuclear , Eurasia

China, Iran, Russia to launch joint naval exercise

- Military drill in Gulf of Oman to deepen exchange, cooperation between navies of three countries

27.12.2019 Energy Security , Eurasia , Asia , Middle East-Africa

'Any plan excluding Turkey in Eastern Med impossible'

- Turkey will continue supporting Libya's legitimate, internationally recognized government, says presidential spokesman

25.12.2019 Energy Security , International Relations , Eurasia

Oil up as Russia says OPEC deal is supporting prices

- "Situation is more or less stable on the market," Russian Energy Minister Novak says

25.12.2019 Upstream , Stock Market , International Organization , Eurasia

Highlights of global energy market in 2019

- Tensions between US and Iran, oil tanker attacks in Middle East and the climate crisis were hot topics in 2019

22.12.2019 Electricity , Natural Gas , Oil , Nuclear , Thermal , Lng/Lpg , Refining/Petro Chemistry , Wind , Solar , Hydro , Geothermal/Biomass , Projects , Oil , Natural Gas , Electricity , Energy Diplomacy , Energy Security , International Relations , News from companies , World , Turkey , Europe , Eurasia , Americas , Middle East-Africa , General

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Turkey's daily power consumption up 5.26% on May 26

World's 1st floating nuke plant starts commercial ops.

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Turkey's daily power consumption up 5.26% on May 26

Spot market electricity prices for Friday, May 22

Turkey's local, renewable electricity production at 66%

Spot market electricity prices for Tuesday, June 2

Turkey's daily power consumption down 7.80 % on May 31

Spot market electricity prices for Thursday, May 28

Spot market natural gas prices for Thursday, May 14

Spot market natural gas prices for Thursday, April 9

Spot market natural gas prices for Sunday, April 5

Spot market natural gas prices for Monday, March 16

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Tuesday, Feb. 11

British LNG carrier arrives in Turkey

Danish LNG carrier arrives in Turkey

Spot market natural gas prices for Tuesday, May 26

US natural gas consumption forecast to fall this year

Spot market natural gas prices for Wednesday, May 20

US coal-fired electric generation falls to 42-year low

Turkey's Botas, Total sign three-year LNG contract

Norwegian LNG vessel to arrive in Turkey on June 5

Qatar to boost global LNG lead with $20 bln. ship deal

Spot market natural gas prices for Sunday, May 31

Oil up as market expects OPEC to extend and deepen cuts

Brent oil passes $40 a barrel with OPEC cut hopes

OPEC, allies to meet on June 9-10 for oil market debate

Oil up as market eyes OPEC for extended production cut

Oil prices down with surprise US gasoline stock buildup

Brent crude price up with decline in US gasoline stocks

Oil prices down with oversupply, low demand

Over 200 US firms file for bankruptcy amid low prices

US crude oil stocks fall against market expectation

US crude oil stocks post second decline since January

US to buy oil for strategic reserve to test market

Petrofac considers cost cuts of $125 million in 2020

Iran to continue fuel shipments to Venezuela

Oil giants' loss exceed $20B in 1Q20 due to coronavirus

Venezuela to escort Iranian fuel tankers

No. of electric vehicles set to be over 1 Bln by 2050

Siemens to supply 497 MW wind turbines to France

EU Recovery Strategy to boost clean, green technologies

Denmark, Vietnam talk offshore wind expansion

UK's Port of Tyne: base for biggest offshore wind farm

Poland gets first EIB loan for 66 small-scale PV plants

Time to plan postpandemic economic recovery: IEA chief

Japan's Enechange, Looop invest in Turkish solar plant

French oil firm Total wins 131-megawatt solar tenders

Ethiopia setting record straight on grand dam on Nile

Sudan, Egypt resume talks on Nile dam project

Pakistan awards $5.8B contract for dam construction

Ethiopia to respond to Egyptian complaint on Nile dam

EU approves €550M Danish aid to support biomass plants

ESCAP, IRENA to cooperate for sustainable solutions

Highlights of global energy market in 2019

UN wants action on climate change in 9 African nations

Turkish university to produce lithium-ion batteries

Turkey opens 2 more emergency hospitals in Istanbul

Turkey's energy import bill down 59.8% in April 2020

Hydrogen on 'priority list' of oil & gas sector: DNV GL

COVID-19 to cause biggest global energy investment fall

Turkey: External assets hit $233.8B in March

EBRD makes $55M loan to Turkey's Garanti BBVA

Brent oil stabilizes above $30 despite pandemic woes

Oil up as market expects OPEC to extend and deepen cuts

Eurozone GDP to narrow by 8.7% in 2020: Lagarde

Oil prices down with surprise US gasoline stock buildup

Brent oil passes $40 a barrel with OPEC cut hopes

Baghdad halts payments to KRG until oil deal is struck

Libya oil production comes to halt, affects economy

G20 int'l merchandise trade shrinks in Q1 amid COVID-19

Saudi, Russia agree on further oil output coordination

Spot market electricity prices for Saturday, May 30

Spot market electricity prices for Saturday, May 23

Spot market electricity prices for Friday, May 22

Spot market electricity prices for Saturday, April 25