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NATO ready to support Libya: NATO chief

- Military alliance will help security building in Libya when conditions permit

home > Middle East-Africa, General 15.01.2021 09:08

NATO ready to support Libya: NATO chief

NATO Secretary General Jens Stoltenberg said Thursday the alliance is ready to contribute to security building in Libya once conditions allow.

The NATO chief said he welcomed a Libyan cease-fire while speaking at a news conference.

“We have seen the presence of fighter jets and mercenaries financed by Russia and all the Russian military capabilities,” he said in response to a question about Russia’s military build-up in the region. “For NATO, it just highlights the importance of supporting the UN-led efforts to find a negotiated solution to the Libyan crisis.”

Russia’s heavy investment in new military equipment and increased military presence along the military alliance’s borders falls into a pattern, according to Stoltenberg.

It is not only present in Libya, “but in other parts of Africa, the Middle East, Syria, the Baltic region, and high north” he said.

The developments have caused “great concern” for NATO, but the alliance “follows and monitors very closely” and it invested in new capabilities “in response to a more assertive Russia,” he added.

By Agnes Szucs in Brussels

Anadolu Agency

energy@aa.com.tr


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Oil prices down as China tightens virus restrictions

- Hopes for $1.9 trillion aid package in US limits further declines in oil price
22.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Israel concerned over Biden’s stance on Iran, Palestine

- Israeli newspaper lists 11 Jewish-American officials tapped for top positions in new US president’s administration
22.01.2021 Middle East-Africa

S. Arabia becomes largest oil supplier to China in 2020

- Saudi's oil exports to China amounts to approximately 1.69 million barrels per day in 2020, up 1.9% year over year
21.01.2021 Energy Security , International Relations , Asia , Middle East-Africa

Libya records 92% loss of oil, gas revenues in 2020

- NOC struggles to control oil fields, storage tanks, pumping stations, pipelines and ports, and lacks money for repairs
21.01.2021 Natural Gas , Oil , Energy Security , Middle East-Africa

Oil down over estimated rise in US stocks

-Fueling weak demand fears, US crude oil inventories are forecast to rise by over 2.5 million barrels, API figures show
22.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up as markets await higher stimulus in US

- Incoming US Treasury Secretary says benefits of big package outweigh costs of higher debt burden
21.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Siemens Energy to drive hydrogen economy in Middle East

- Initial focus of activity will be in Abu Dhabi and over time will be extended to other international markets
19.01.2021 Projects , Middle East-Africa , General

Oil prices mixed ahead of power transition in US

- Positive investor sentiment is boosted by data from China as country’s refineries post record production in 2020
20.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Sudan looks for 'alternatives' as Nile Dam talks stall

- ‘Sudan does not accept fait accompli policy that threatens safety of 20M Sudanese citizens,’ Premier Hamdok says
19.01.2021 Energy Security , International Relations , Middle East-Africa

Oil prices down on concerns over COVID-19 vaccines

- Further lockdowns in Europe and Asia erase last week’s gains, according to experts
19.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Iran-EU tensions reach fever pitch over nuclear program

- UK, Germany and France warned Iran against starting work on uranium metal-based fuel
18.01.2021 Nuclear , Europe , Americas , Middle East-Africa

Brent oil price down 0.52% for week ending Jan. 15

- Re-emergence of coronavirus in China tempered gains that were supported by higher US stimulus package
16.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down as virus cases on rise in China

- Further falls capped when US President-elect unveiled virus relief plan to provide direct payment of $1,400 to individuals
17.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

NATO ready to support Libya: NATO chief

- Military alliance will help security building in Libya when conditions permit
15.01.2021 Middle East-Africa , General

Global oil demand to increase 6.56% in 2021: OPEC

- Crude output increased mainly in Libya, Iraq, and the UAE while output decreased in Nigeria, Congo and Angola, says OPEC
15.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over lingering demand concerns

-Despite large US crude stock drawdown, investors still have demand concerns amid debate on efficacy of coronavirus vaccines
15.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up on large fall in US crude stocks

-Investors continue watching vaccine developments amid rising global cases, invoking tighter restrictions and weak oil demand
14.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Qatargas delivers first commercial LNG to Philippines

- Achievement will enable transport of considerable volumes as efficiently as possible into key markets, says Qatargas CEO
12.01.2021 Lng/Lpg , Energy Security , International Relations , Energy Projects , Middle East-Africa

How aftermath of Gulf crisis will shape energy trade

- Lifting of blockade will save Qatar extra shipping costs of oil and LNG exports, and pave way for energy deals, expert says
13.01.2021 Natural Gas , Oil , Energy Security , International Relations , Energy Projects , Middle East-Africa

Oil prices up over higher US pandemic relief plan

- Increase in number of coronavirus cases worldwide and tightening measures continue to raise concerns over oil demand
13.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Nigerian LNG vessel to arrive in Turkey on January 20

- Vessel is sailing under flag of Bermuda
11.01.2021 Lng/Lpg , Turkey , Middle East-Africa , General

Oil prices down over reemergence of virus in China

- Increasing number of US oil rigs also weighs on prices, signaling greater short-term output and raising supply glut concerns
11.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

TRNC leader to meet UN envoy, promote 2-state solution

- Ersin Tatar expected to meet UN's special envoy to Cyprus Monday at 14:00 local time
11.01.2021 World , Middle East-Africa

South Sudan’s main utility firm to halt power to Juba

- Ezra tells capital’s residents that from Jan 12 onwards, power plant will shut down due to lack of operational resources
11.01.2021 World , Middle East-Africa

Enel, QIA form JV for renewables in Sub-Saharan Africa

- Solar and wind power plants in Sub-Saharan Africa to generate 800-megawatt capacity
11.01.2021 Finance , Renewable , Middle East-Africa , General

Massive power outage plunges Pakistan into darkness

- One of worst power failures in recent years hits Islamabad, major cities
11.01.2021 Electricity , Middle East-Africa , General

Oil prices up over 4% for week ending Jan. 8

- Surprise Saudi output cut at OPEC+ meeting and increasing rates of Asian shares are main reasons for driving prices up
09.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Iran oil revenue down over 50% since 2018: Central Bank

- Country has been suffering strict sanctions since 2018 after US withdrawal from 2015 nuclear deal
08.01.2021 Oil , Americas , Middle East-Africa

Iran to uphold right to regain lost oil market share

- New US Administration could alleviate economic sanctions on Iran but this would require strict nuclear deal compliance
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up still buoyed by OPEC+ output cut

- OPEC+ decision to cut output by more than expected in February and March relieves markets from low demand amid lockdowns
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up on inventory fall, protests in US

- Commercial crude oil stocks decrease by 8 million barrels against market expectation of 1.5-million barrel fall
08.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

UK, France, Germany ‘concerned’ over Iran nuclear enrichment

- Commencement of uranium enrichment up to 20% violates Iran’s commitments under nuclear deal, says joint statement
07.01.2021 Europe , Middle East-Africa

Oil prices soar after surprise OPEC+ output cut

- Group agrees to cut production by 925,000 barrels per day in Feb. and 850,000 barrels per day in March from January rate
07.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Saudis unilaterally cuts 1M bpd to solve OPEC+ tie

- Group agrees to cut production by 925,000 bpd in February and 850,000 bpd in March from rate of January
07.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Kuwait discovers three new oil fields

-Kuwait has proven crude oil reserves of 101.5 billion barrels, equivalent to 9% of world's reserves
06.01.2021 World , Middle East-Africa

Brent over $53 as OPEC resumes meeting

-Investors expect no change result while world’s largest oil producers resumed talks to decide next month’s output level
06.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Over $9.5B in Iranian funds frozen in S. Korea: Report

- Tensions between Seoul, Tehran mounting following Iran's seizure of South Korean-flagged oil tanker
06.01.2021 Oil , International Relations , World , Middle East-Africa

Oil prices down over adjourned OPEC+ meeting

- Meeting to resume later Tuesday after inconclusive Monday meeting due to splits on production cuts among member countries
06.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up ahead of OPEC+ meeting

-At meeting later Monday, group will decide February's production quota, which is expected to remain at 7.2M barrels per day
05.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Ethiopia: Nile Dam talks resume after month-long hiatus

- Ethiopia, Sudan, Egypt discuss filling, operations of Grand Ethiopian Renaissance Dam
04.01.2021 Energy Security , International Relations , Middle East-Africa

Sudan raises electricity price 433%

- Move is part of government plan to phase out subsidies on fuel, electricity
05.01.2021 Electricity , World , Middle East-Africa

Iran confirms plan to enrich uranium up to 20 percent

-UN nuclear watchdog on Friday said Iran had communicated its intention to increase uranium enrichment from 4.5 to 20 percent
03.01.2021 Nuclear , Middle East-Africa

Brent oil price up 0.11% for week ending Dec. 31

- US crude oil inventories, which declined more than expected, contributed to prices increases
01.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Iran reverts to normal gas flow rates to Iraq

- Oil-rich Iraq is suffering from major electricity crisis following drastic reduction in natural gas supplies from Iran
30.12.2020 Electricity , Natural Gas , International Relations , Energy Projects , Middle East-Africa

Oil prices up on economic rebound optimism

- API estimates 4.8M-barrel decline in US crude oil inventories last week from market expectation of 2.1M-barrel draw
30.12.2020 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa
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