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  • Electricity
    • Nuclear
      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

      IAEA calls for coop. with Japan on wastewater disposal

      IAEA calls for coop. with Japan on wastewater disposal

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

    • Thermal
      Qatar donates $60M to gas pipeline for Gaza electricity

      Qatar donates $60M to gas pipeline for Gaza electricity

      Spot market electricity prices for  Saturday, Feb. 20

      Spot market electricity prices for Saturday, Feb. 20

      Turkey's daily power consumption up 1.4% on Feb. 18

      Turkey's daily power consumption up 1.4% on Feb. 18

      US: Chipmakers halt production in Texas amid power cuts

      US: Chipmakers halt production in Texas amid power cuts

    • Coal
      Global CO2 emissions rebound strongly after steep drop

      Global CO2 emissions rebound strongly after steep drop

      Over $1T invested in coal despite trendy climate goals

      Over $1T invested in coal despite trendy climate goals

      Spot market electricity prices for Friday, Feb. 26

      Spot market electricity prices for Friday, Feb. 26

      Turkey's daily power consumption down 0.74% on Feb. 24

      Turkey's daily power consumption down 0.74% on Feb. 24

  • Natural Gas
    • Upstream
      Eni announces oil discovery in Western Desert of Egypt

      Eni announces oil discovery in Western Desert of Egypt

      US produces, consumes record high natural gas in 2019

      US produces, consumes record high natural gas in 2019

      Nigeria's president launches new gas pipeline project

      Nigeria's president launches new gas pipeline project

      OPEC holds first technical meeting with gas exporters

      OPEC holds first technical meeting with gas exporters

    • Shale/Unconventional
      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Sunday Aug. 23

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Monday, March 2

      Spot market natural gas prices for Tuesday, Feb. 11

      Spot market natural gas prices for Tuesday, Feb. 11

      British LNG carrier arrives in Turkey

      British LNG carrier arrives in Turkey

    • Downstream
      Turkey's gas imports from Iran see sharp fall in 2020

      Turkey's gas imports from Iran see sharp fall in 2020

      3rd Turkish drillship leaves Mersin bound for Black Sea

      3rd Turkish drillship leaves Mersin bound for Black Sea

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Dialogue, de-escalation in E.Med benefit everyone: NATO

      Turkey’s giant gas find worth $80 billion: IEA Head

      Turkey’s giant gas find worth $80 billion: IEA Head

    • Lng/Lpg
      Algerian LNG vessel arrives in Turkey on March 3

      Algerian LNG vessel arrives in Turkey on March 3

      Algerian LNG vessel to arrive in Turkey on March 6

      Algerian LNG vessel to arrive in Turkey on March 6

      Global LNG trade steady in '20, demand to double by '40

      Global LNG trade steady in '20, demand to double by '40

      Spot market natural gas prices for Wednesday, Feb. 24

      Spot market natural gas prices for Wednesday, Feb. 24

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      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Rosneft income falls 77%, revenue down 51% in 2Q20

      Oil prices flat with 0.04% rise in week ending August 14

      Oil prices flat with 0.04% rise in week ending August 14

      Brent oil prices down amid global pandemic crisis

      Brent oil prices down amid global pandemic crisis

    • Downstream
      US oil rig count rises by 2 for week ending Jan. 22

      US oil rig count rises by 2 for week ending Jan. 22

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

      US oil rig count rises by four for week ending Oct. 9

      US oil rig count rises by four for week ending Oct. 9

      Lundin upgrades Edvard Grieg field reserve estimates

      Lundin upgrades Edvard Grieg field reserve estimates

    • Refining/Petro Chemistry
      Brent oil price down 0.56% for week ending Feb. 19

      Brent oil price down 0.56% for week ending Feb. 19

      US crude oil inventories fall for week ending Feb. 12

      US crude oil inventories fall for week ending Feb. 12

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Turkey's Petkim profits up 36% year-on-year in 3Q20

      Iran moves from oil to petrochemicals in export

      Iran moves from oil to petrochemicals in export

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      Venezuela condemns US policy of seizing fuel shipments

      Venezuela condemns US policy of seizing fuel shipments

      Battery patents grow by 14% in 13 years: Study

      Battery patents grow by 14% in 13 years: Study

      Turkish start-up to produce lithium-ion battery cathode

      Turkish start-up to produce lithium-ion battery cathode

      US jet fuel demand falls by 29% in Jan-May 2020

      US jet fuel demand falls by 29% in Jan-May 2020

  • Renewable
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      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Wind support scheme extension offers investor security

      Wind support scheme extension offers investor security

      Europe installs 26% larger capacity wind farms in 2020

      Europe installs 26% larger capacity wind farms in 2020

      Denmark to build 2 offshore wind energy hubs

      Denmark to build 2 offshore wind energy hubs

    • Solar
      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

      Eni, X–Elio to build 140 MW solar plants in Spain

      Eni, X–Elio to build 140 MW solar plants in Spain

      Total boosts US portfolio with large solar facility

      Total boosts US portfolio with large solar facility

      Panasonic to end manufacture of photovoltaic products

      Panasonic to end manufacture of photovoltaic products

    • Hydro
      China plans world’s biggest dam build on Tibetan river

      China plans world’s biggest dam build on Tibetan river

      IRENA boosts sustainable hydropower through partnership

      IRENA boosts sustainable hydropower through partnership

      Turkish lawmaker asks Iraq to cooperate on water issue

      Turkish lawmaker asks Iraq to cooperate on water issue

      Hydro produces 90.8% of Norway's electricity in Dec.

      Hydro produces 90.8% of Norway's electricity in Dec.

    • Geothermal/Biomass
      Europe needs to build more wind farms for climate goals

      Europe needs to build more wind farms for climate goals

      Turkey in top 4 countries with geothermal capacity

      Turkey in top 4 countries with geothermal capacity

      Biomass can meet one-third of Turkey's annual power

      Biomass can meet one-third of Turkey's annual power

      EU approves €550M Danish aid to support biomass plants

      EU approves €550M Danish aid to support biomass plants

  • Finance
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      Turkey's energy import bill down 35.8% in January 2021

      Turkey's energy import bill down 35.8% in January 2021

      Biden signs order to bolster critical supply chains

      Biden signs order to bolster critical supply chains

      Turkey: Economic confidence stands at 95.8 in February

      Turkey: Economic confidence stands at 95.8 in February

      Global EV sales see record rise in 2020 led by Europe

      Global EV sales see record rise in 2020 led by Europe

    • Invesments
      Over $1T invested in coal despite trendy climate goals

      Over $1T invested in coal despite trendy climate goals

      Aygaz enters LPG business in Bangladesh via new partner

      Aygaz enters LPG business in Bangladesh via new partner

      Turkey allocates $18.5B for 2021 investments

      Turkey allocates $18.5B for 2021 investments

      Venezuela open to foreign investment in oil sector

      Venezuela open to foreign investment in oil sector

    • Stock Market
      Turkey's energy import bill down 35.8% in January 2021

      Turkey's energy import bill down 35.8% in January 2021

      Biden signs order to bolster critical supply chains

      Biden signs order to bolster critical supply chains

      Turkey: Economic confidence stands at 95.8 in February

      Turkey: Economic confidence stands at 95.8 in February

      IMF to track economic impact of climate crisis

      IMF to track economic impact of climate crisis

  • Regulation
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      Oil up on US inventory fall, UK vaccine approval

      Oil up on US inventory fall, UK vaccine approval

      Fitch reduces oil price forecast due to higher supply

      Fitch reduces oil price forecast due to higher supply

      S. Arabia, Iraq discuss efforts to stabilize oil market

      S. Arabia, Iraq discuss efforts to stabilize oil market

      US crude oil inventories fall for week ending Aug. 14

      US crude oil inventories fall for week ending Aug. 14

    • Electricity
      Spot market electricity prices for Friday, Dec. 4

      Spot market electricity prices for Friday, Dec. 4

      24/7 power with Turkey’s new mobile monitoring system

      24/7 power with Turkey’s new mobile monitoring system

      Turkey's daily power consumption up 3.28% on Sept. 8

      Turkey's daily power consumption up 3.28% on Sept. 8

      Sudan: Flashpoint Ethiopian dam not related to floods

      Sudan: Flashpoint Ethiopian dam not related to floods

    • Natural Gas
      Turkey's daily power consumption down 0.77% on Oct. 23

      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

      Trump scraps Obama methane limits in oil, gas sectors

      Trump scraps Obama methane limits in oil, gas sectors

    • Renewable
      'Turkey should follow EU's path towards green economy'

      'Turkey should follow EU's path towards green economy'

      Iberdrola makes record €9.24 bln. investments in 2020

      Iberdrola makes record €9.24 bln. investments in 2020

      UN: US on pace to hit Paris climate goals despite Trump

      UN: US on pace to hit Paris climate goals despite Trump

      EU needs to change course to cut emissions 55% by 2030

      EU needs to change course to cut emissions 55% by 2030

    • LPG
      Pandemic reveals importance and reliability of LPG

      Pandemic reveals importance and reliability of LPG

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkish fund Oyak to buy Demiroren's auto fuel ops.

      Turkey's LPG imports down over 19.02% in June 2019

      Turkey's LPG imports down over 19.02% in June 2019

      Equinor inks agreement for LPG storage in Malaysia

      Equinor inks agreement for LPG storage in Malaysia

  • Energy Diplomacy
    • Energy Security
      Turkey eyes new record in gold production by 2021

      Turkey eyes new record in gold production by 2021

      Turkey's gas imports from Iran see sharp fall in 2020

      Turkey's gas imports from Iran see sharp fall in 2020

      US led global defense spending in 2020: Report

      US led global defense spending in 2020: Report

      E3 urges Iran to cooperate with IAEA

      E3 urges Iran to cooperate with IAEA

    • International Relations
      Egypt's respect for Turkish continental shelf 'important'

      Egypt's respect for Turkish continental shelf 'important'

      'Turkey should follow EU's path towards green economy'

      'Turkey should follow EU's path towards green economy'

      IAEA worried Iran may have undeclared nuclear material

      IAEA worried Iran may have undeclared nuclear material

      Tehran warns against anti-Iran resolution at IAEA

      Tehran warns against anti-Iran resolution at IAEA

    • International Organization
      OPEC+ meeting highlights Saudi's leadership

      OPEC+ meeting highlights Saudi's leadership

      OPEC+ agrees to extend output cuts for another month

      OPEC+ agrees to extend output cuts for another month

      World needs 2 billion tons in emission cuts annually

      World needs 2 billion tons in emission cuts annually

      OPEC foresees recovery of oil market in 2021

      OPEC foresees recovery of oil market in 2021

    • Energy Projects
      Turkey, Turkish Cyprus sign financial cooperation pact

      Turkey, Turkish Cyprus sign financial cooperation pact

      'Turkey should follow EU's path towards green economy'

      'Turkey should follow EU's path towards green economy'

      Qatar awards EPC contract for North Field LNG to Samsung

      Qatar awards EPC contract for North Field LNG to Samsung

      Norway's sovereign fund invests $812 million in Turkey

      Norway's sovereign fund invests $812 million in Turkey

  • World
    • Turkey
      Spot market electricity prices for Monday, March 8

      Spot market electricity prices for Monday, March 8

      Spot market natural gas prices for Saturday, March 6

      Spot market natural gas prices for Saturday, March 6

      Turkey's daily power consumption down 3.9% on March 6

      Turkey's daily power consumption down 3.9% on March 6

      Egypt's respect for Turkish continental shelf 'important'

      Egypt's respect for Turkish continental shelf 'important'

    • Europe
      Compromise, courage must for Cyprus settlement: Germany

      Compromise, courage must for Cyprus settlement: Germany

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC+ expected to keep output cuts unchanged

      Oil up as OPEC+ expected to keep output cuts unchanged

      OPEC+ meeting to test ability to keep market tight

      OPEC+ meeting to test ability to keep market tight

    • Eurasia
      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC+ expected to keep output cuts unchanged

      Oil up as OPEC+ expected to keep output cuts unchanged

      OPEC+ meeting to test ability to keep market tight

      OPEC+ meeting to test ability to keep market tight

      Oil prices up with more optimistic demand outlook

      Oil prices up with more optimistic demand outlook

    • Asia
      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC agrees roll over of output cuts in April

      Japan should act quickly to achieve net-zero goals: IEA

      Japan should act quickly to achieve net-zero goals: IEA

      Oil up as OPEC+ expected to keep output cuts unchanged

      Oil up as OPEC+ expected to keep output cuts unchanged

      OPEC+ meeting to test ability to keep market tight

      OPEC+ meeting to test ability to keep market tight

    • Americas
      US Senate starts debate on $1.9T virus relief bill

      US Senate starts debate on $1.9T virus relief bill

      US oil rig count rises by 1 for week ending March 5

      US oil rig count rises by 1 for week ending March 5

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC+ expected to keep output cuts unchanged

      Oil up as OPEC+ expected to keep output cuts unchanged

    • Middle East-Africa
      Egypt's respect for Turkish continental shelf 'important'

      Egypt's respect for Turkish continental shelf 'important'

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC agrees roll over of output cuts in April

      Oil up as OPEC+ expected to keep output cuts unchanged

      Oil up as OPEC+ expected to keep output cuts unchanged

      Algerian LNG vessel arrives in Turkey on March 3

      Algerian LNG vessel arrives in Turkey on March 3

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Petrofac wins $135M contract with Kazakhstan’s NCOC

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

home > Europe, Eurasia, General 10.07.2020 11:37

Petrofac wins $135M contract with Kazakhstan’s NCOC

Petrofac has won a $135 million contract in Kazakhstan in a joint venture with locally-based Isker Group, the company announced on Friday.

Petrofac’s Engineering & Production Services (EPS) division, in joint venture with Isker, has secured an Engineering, Procurement, Construction, Pre-commissioning and Commissioning (EPCC) contract for new water treatment facility for the North Caspian Operating Company (NCOC) in Atyrau, Kazakhstan.

The work scope for the 30-month project includes an inlet stream screening to remove debris, feed water tanks with oil skimmer and pumps, a clarifier system including flocculation, coagulation and oil skimmer, treated wastewater storage and pumps, sludge treatment and relative utilities.

By Murat Temizer

Anadolu Agency

energy@aa.com.tr


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Compromise, courage must for Cyprus settlement: Germany

- Progress needs openness, willingness to compromise, courage, German chancellor tells Greek Cypriot leader
06.03.2021 Energy Diplomacy , Europe

Oil up as OPEC agrees roll over of output cuts in April

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Oil up as OPEC+ expected to keep output cuts unchanged

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04.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

OPEC+ meeting to test ability to keep market tight

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04.03.2021 Oil , World , Turkey , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up with more optimistic demand outlook

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Oil slips ahead of OPEC+ meeting on Thursday

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Oil prices up with US relief bill, 3rd vaccine approval

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Norway's sovereign fund invests $812 million in Turkey

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28.02.2021 Finance , Energy Projects , Turkey , Europe , General

EU wants to play positive role in Cyprus settlement

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28.02.2021 Finance , Energy Diplomacy , Europe , General

Oil prices up over 3% for week ending Feb. 26

- Rising value of US dollar makes oil more expensive for buyers, limiting further oil price increases
27.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

EU sets 3-month target for introducing vaccine certificates

- EU heads of state, governments begin 2-day virtual summit to discuss vaccinations and travel restrictions
26.02.2021 World , Europe

Oil prices fall as dollar appreciates

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26.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Global LNG trade steady in '20, demand to double by '40

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26.02.2021 Lng/Lpg , Europe , General

Europe needs to build more wind farms for climate goals

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26.02.2021 Renewable , Wind , Geothermal/Biomass , Europe

Are recent bullish oil price predictions realistic?

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Oil prices up over Fed’s lower interest rates

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25.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down as Texas refineries curb demand, US stocks rise

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25.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

'Ankara ready to do its part to bring Turkmen gas to Europe'

- Turkey welcomes agreement reached between Turkmenistan, Azerbaijan in Caspian Sea, says Turkish foreign minister
24.02.2021 Natural Gas , Energy Diplomacy , Turkey , Europe , Eurasia , Asia , General

Oil up as market stabilizes with end to US cold snap

- Hopes over higher US stimulus deal also support oil prices
23.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkey's Gumbel, Germany's SMA ink 70 MW inverter deal

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22.02.2021 Solar , Turkey , Europe

NATO, EU top leaders urge US, EU unity

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20.02.2021 Energy Diplomacy , Europe , Americas

Nuclear deal talks between US, Iran ‘possible': EU

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20.02.2021 Energy Diplomacy , Europe , Americas , Middle East-Africa

Italian Eni reports $8.6 billion annual loss in 2020

- Full-year revenue in 2020 amounted to $44.9 billion, marking a 36.7% fall from $71.04 billion in 2019
22.02.2021 Finance , Europe

Oil prices down over lack of demand in Texas refineries

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20.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

EU needs to change course to cut emissions 55% by 2030

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19.02.2021 Renewable , Europe

ENGIE and Equinor to explore low-carbon hydrogen

- Partners will investigate the production and market potential for hydrogen from natural gas
19.02.2021 Finance , Renewable , Europe , General

Oil prices extend gains over Texas supply cuts

- US crude oil inventories are forecast to fall by 5.8 million barrels, API figures show, easing weak demand fears
19.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent hits $64 as Texas cold snap hits oil supplies

- OPEC+ output cuts for February and March also impact prices
19.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

SOCAR mulls hydrogen supply to Europe via TANAP

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18.02.2021 Natural Gas , Turkey , Europe , Eurasia

Oil prices up as cold front in Texas halts production

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17.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Equinor warns strike may hit Norway's oil, gas fields

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17.02.2021 Oil , Europe

Oil prices hit 13-month high with demand optimism

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16.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Italy's Draghi leads gov’t of technocrats, politicians

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14.02.2021 Energy Diplomacy , Europe , General

Oil prices down over doubts on vaccine efficacy

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11.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Norway’s Equinor reports $5.5 billion annual loss in 2020

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11.02.2021 Finance , Europe , General

Europe installs 26% larger capacity wind farms in 2020

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Oil prices down over concerns of viability of vaccines

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Athens, Greek Cypriot administration push federation

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Turkish, German leaders discuss bilateral, EU relations

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Siemens, Air Liquide to cooperate on hydrogen production

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Europe sees 25 GW offshore wind capacity at end of 2020

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Brent hits $60 with less oil supply, US relief deal

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EU signals sanctions against Russia

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08.02.2021 World , Europe

Turkey, Greece conclude technical meetings

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Brent oil price up 7.4% for week ending Feb. 5

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Oil prices up over output cuts, positive economic data

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Denmark to build 2 offshore wind energy hubs

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06.02.2021 Wind , Europe , General

Brent hits 12-month high on OPEC’s full output cut vow

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05.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up buoyed by decline in US crude inventories

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04.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Shell's earnings down 71% in 2020 due to weak demand

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05.02.2021 Finance , Europe , General

Brent oil up boosted by Saudi’s output cut from Feb.

- Easing weak demand fears, US crude oil inventories are forecast to fall by 4.27 million barrels, API figures show
04.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Profit of Danish energy company Orsted up 4% in 2020

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03.02.2021 Finance , Europe , General

Oil prices up over easing of supply glut fears

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03.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up over Saudi output cut, vaccine hopes

- Rising number of US oil rigs limits further price increase, raising supply glut concerns
02.02.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkish foreign minister due in Northern Cyprus Monday

- Mevlut Cavusoglu to meet with authorities in Turkish Republic of Northern Cyprus for talks, particularly on Cyprus issue
01.02.2021 Energy Security , International Relations , Turkey , Europe

Turkey: Exploratory talks with Greece 'important step'

- Presidential spokesman says re-starting talks between Greece, Turkey important for balance in Aegean and East Med
01.02.2021 Energy Diplomacy , Turkey , Europe , General

Iran rejects Macron’s call for new nuclear deal

- If deal is to be saved, US should return, lift sanctions on Tehran, says foreign ministry
01.02.2021 Energy Diplomacy , Europe , Middle East-Africa , General

'Turkey to continue protecting rights in East Med'

- National Security Council urges int'l actors to fulfill duties in clearing terrorists from Turkey's southern neighbors
29.01.2021 Energy Security , International Relations , Turkey , Europe

Oil prices down over rising value of US dollar

- More-than-expected US oil inventories limits further declines
29.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

'Turkey-Greece talks held in positive atmosphere'

- Turkish foreign minister holds news conference with visiting Irish counterpart in Turkey's capital Ankara
28.01.2021 Energy Diplomacy , Turkey , Europe

Oil price up on estimated large fall in US crude stocks

- Although demand is depressed over rise in global coronavirus cases, fall in cases in China raises hopes of demand rebound
28.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down amid demand concerns, delay in US relief

- Investors concerned if Biden administration will convince Republican lawmakers on need for higher stimulus package
27.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Argentine, German leaders discuss IMF negotiations

- Argentina urges continued support from Germany as it seeks to restructure country’s financial debts
26.01.2021 Energy Diplomacy , Europe , General

Norway's petroleum sales decrease in December

- Country's total petroleum product sales volume in December down 14.8% to 501 million liters compared to same month of 2019
25.01.2021 Oil , Europe , General

Renewables overtake fossil fuels in Europe in 2020

- Europe's electricity in 2020 was 29% cleaner than 2015 with carbon dioxide per KWh dropping to 226 grams from 317 grams
26.01.2021 Finance , Renewable , Energy Projects , Europe

Europe orders record 15 GW of new wind turbines in 2020

- Despite ongoing COVID-19 pandemic, both onshore and offshore orders showed increases in European sales
26.01.2021 Finance , Renewable , Europe , General

Brent oil price down 0.18% for week ending Jan. 22

- US higher stimulus package boosts rises limited by negative vaccination results of elderly and China's virus resurgence
23.01.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

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

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

Var Energi given 10 new exploration licenses in Norway

- Var Energi has been granted 5 operatorships and 5 partnerships in licenses on Norwegian Continental Shelf
19.01.2021 Oil , Finance , Europe , 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

Hydro produces 90.8% of Norway's electricity in Dec.

- Norway produced 16.22 terawatt-hours of electricity in December
19.01.2021 Electricity , Hydro , Europe , General

Turkish, Greek militaries conclude NATO-hosted meeting

- Technical meeting by military delegations of 2 countries took place at NATO headquarters in Brussels
19.01.2021 Energy Security , International Relations , Turkey , Europe

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

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

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

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

Turkey aiming to turn new chapter with EU: Top diplomat

- Turkey is part of Europe, ready for cooperation to resolve problems Europe is facing, says foreign minister
09.01.2021 Energy Diplomacy , Turkey , Europe

Spain’s electricity prices soar amid cold snap

- Minister for consumption says he has requested investigation into energy market ‘irregularities’
10.01.2021 Electricity , Europe

Wind, water produce most of EU renewable power in 2019

- In 2019, renewable energy sources comprised 34% of gross electricity consumption in European Union
09.01.2021 Finance , Wind , Solar , Hydro , Europe

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

Belgium's renewable generation up 31% in 2020

- Average monthly price on the day-ahead market sees historic low of €31.9/MWh
08.01.2021 Renewable , Energy Security , Europe

2020 sees big developments in Baltic Sea offshore wind

-Poland, Germany, Denmark, Sweden, Finland, Lithuania, Estonia and Latvia sign declaration to boost offshore wind energy
09.01.2021 Finance , Wind , Renewable , Europe

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

EU authorizes Moderna’s COVID-19 vaccine

- Bloc’s medicines agency recommended granting conditional authorization to US-developed jab
07.01.2021 Europe

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 supplies via BTC p/line buoyant despite lockdowns

- However, oil pipeline deliveries of 210.7 million barrels in 2020 marks 9.6% fall compared to 2019
07.01.2021 Oil , International Organization , Turkey , Europe , Eurasia

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
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