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Iran oil exports up 32% over last 60-days

- Two million tons of non-oil products were also exported from Iran’s largest port, Shahid Rajaee, from March 21 to May 20

02.06.2020 Oil , World

Brent oil price up with further OPEC output cut hopes

- OPEC+ nations expected to discuss whether production curb in second half of 2020 should be deepened in face of weak demand

01.06.2020 Upstream , Stock Market , International Organization , Americas

US oil rig count falls eleventh week in a row

- In the past eleven weeks, the decline in US oil rig count totaled 461, according to the data

31.05.2020 Oil , Americas

Fatih sets sail for first deep drilling in Black Sea

- Vessel will start its first drilling in Tuna-1 location in mid-July, Turkish energy minister says

01.06.2020 Natural Gas , Oil , Energy Diplomacy , Turkey

Fourth Iranian oil vessel arrives in Venezuela

- 5 Iranian fuel tankers sail towards Venezuela to supply fuel for refineries that are facing acute gasoline shortages

30.05.2020 Oil , World

Haftar oil blockade causes over $4 bln. loss for Libya

- Country has suffered from oil sector blockades since ouster of late ruler Muammar Gaddafi in 2011

30.05.2020 Oil , Upstream , World

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

- Country's crude oil imports decrease by 1.1% in April 2020 compared to same month of 2019

30.05.2020 Oil , Projects , Stock Market , Energy Diplomacy , Turkey

Brent crude price up with decline in US gasoline stocks

- Fall in US gasoline inventories suggests consumer demand is picking up

29.05.2020 Downstream , Stock Market , Americas

US crude oil stocks rise against market expectation

- Commercial crude oil inventories rise for first time after two consecutive weeks of decreases

29.05.2020 Oil , Energy Security , Americas

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

- Figure hits lowest level since second quarter of 2017 as exports and imports fall 4.3% and 3.9% respectively

29.05.2020 Oil , Oil

Saudi, Russia agree on further oil output coordination

- 'President Putin, Saudi Crown Prince agree on further coordination on oil output adjustment,' OPEC says

29.05.2020 Oil , Oil , World

Genel Energy receives $10.4 million for KRG oil prod.

- Company’s net payment share amounts to $3.2 million

28.05.2020 Upstream , Oil

Oil prices down as US-China tensions escalate

- On supply side, American Petroleum Institute estimates large crude oil inventory build of 8.7 million barrels

28.05.2020 Upstream , Stock Market , International Relations , Eurasia , Middle East-Africa

Turkey's oil imports down 7.2% in March 2020

- Production of oil refinery products increases by 9% to 3 million tonnes in March 2020

28.05.2020 Oil , Turkey

Morgan Stanley raises Brent forecast to $40 a barrel

- Rebalancing in oil market is mostly supply rather than demand-driven but it expects further tightening in market, firm says

28.05.2020 Upstream , Stock Market , Americas

OPEC and allies hold oil output cut commitment talks

- OPEC+ must remain committed to adjustments despite signs that demand is recovering from coronavirus slump, Barkindo says

28.05.2020 Upstream , International Organization , Eurasia , Middle East-Africa

Venezuela thanks Iran for fuel shipment

- First of five tankers enters Venezuelan waters in defiance of US threats

27.05.2020 Oil , World , Middle East-Africa

Oil prices down with oversupply, low demand

- Investors await gradual lifting of quarantine measures of major economies for uptake in global oil demand

27.05.2020 Downstream , Stock Market , Americas

Over 200 US firms file for bankruptcy amid low prices

- 'Loss of drilling revenue is more than $60 billion to the industry,' an expert in Houston says

27.05.2020 Oil , Finance , Downstream , Americas , Middle East-Africa

Oil prices up with higher oil demand expectations

- Softening of quarantine measures against COVID-19 expected to increase oil demand and push crude prices higher

27.05.2020 Oil , Finance , World

Oil prices gain slight up with demand signs

- In the past ten weeks, the decline in US oil rig count totaled 446, according to the data

25.05.2020 Oil , Finance , Americas

Iran warns US of interfering with oil tankers

- Any action by US against tankers shipment to Venezuela will ‘trigger a harsh response,’ says Iranian President Rouhani

25.05.2020 Oil , Energy Security , Middle East-Africa

FILE - US reigning champion in oil, natural gas

- US becomes world's largest crude oil and natural gas producer because of shale revolution

24.05.2020 Oil , Downstream , Americas

US oil rig count falls tenth week in a row

- In the past ten weeks, the decline in US oil rig count totaled 446, according to the data

24.05.2020 Finance , Downstream , Americas

Oil loses most of weekly gains with US-China tension

- World's two largest economies at forefront of global economic slowdown, weakening oil consumption

23.05.2020 Downstream , Stock Market , International Relations , Asia , Americas

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

- Top 12 oil companies also see total revenue decline by $53.5 billion, or 17%, in first quarter of 2020

23.05.2020 Upstream , Transportation/Fuel Oil , World

Iran’s oil development in defiance of US sanctions

- Iran inaugurates South Pars Field's Phase 11, which is expected to add 50 million cubic meters of gas to production output

23.05.2020 Oil , World , Middle East-Africa

Number of active US oil, gas rigs at lowest since 1987

- Since March 17, total number of oil and natural gas rigs in US has fallen by 56%

23.05.2020 Upstream , Americas

Oil prices down with lack of growth outlook in China

- China does not set economic growth target for 2020 amid "big uncertainties in economy and trade"

22.05.2020 Downstream , Stock Market , Energy Security , Asia

Venezuela to escort Iranian fuel tankers

- Five Iranian fuel tankers sail towards Venezuela to supply fuel for its refineries which are facing acute gasoline shortages

22.05.2020 Transportation/Fuel Oil , Oil , World

Oil prices rise with fall in US crude inventories

- If quarantine measures against COVID-19 start to soften in June, crude demand is set to increase to push prices higher

22.05.2020 Oil , Finance , Americas

US crude oil stocks post second decline since January

- Commercial crude oil inventories fall for second time after 15 consecutive weeks of increases

22.05.2020 Oil , Refining/Petro Chemistry , Stock Market , Energy Projects , Americas

EU's oil product deliveries reach record lows in March

- EU deliveries of gasoline and jet fuel fall by 15% and 27% respectively compared with February 2020, Eurostat says

21.05.2020 Oil , Europe

Total, Purecycle ink deal for plastic recycling

- French energy company aims for production of 30% recycled polymers by 2030

21.05.2020 Oil , Renewable , Renewable

Oil prices down with coronavirus-related low demand

- Softening of quarantine measures against COVID-19 expected to increase oil demand and push crude prices higher

20.05.2020 Upstream , Stock Market , Americas

Iran’s fuel shipments to Venezuela face US threat

-The first Iranian tanker is expected to reach Venezuelan shores on May 25

20.05.2020 Oil

Oil prices up with demand signs

- Oil prices stand at $35.17 per barrel with demand recovery

19.05.2020 Oil

Oil prices up with easing curbs, demand signs

- Oil prices climb by more than $1 a barrel on Monday

19.05.2020 Oil , Finance , Americas , General

US crude oil production forecast to fall in 2020, 2021

- Estimated 0.8 million bpd year-over-year output fall in 2021 would be the largest annual decline in US crude oil production on record

17.05.2020 Upstream , Stock Market , Americas

US to buy oil for strategic reserve to test market

- An initial 1 million barrels of crude oil to be bought for strategic petroleum reserve

17.05.2020 Refining/Petro Chemistry , Oil , Energy Security , Americas

US oil rig count falls ninth week in a row

- Oil rig count hits lowest level since July 2009

17.05.2020 Upstream , Americas

Brent oil stabilizes above $30 despite pandemic woes

- Between Monday and Friday, Brent oil prices fluctuate between the lowest at $28.86 to peak of $32.49

16.05.2020 Oil , Invesments , Energy Diplomacy

23rd World Petroleum Congress postponed until Dec. 2021

- Delay expected to assure international participation and engagement, according to statement

16.05.2020 Oil , Oil , World

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

Petrofac considers cost cuts of $125 million in 2020

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

16.05.2020 Upstream , Refining/Petro Chemistry

Oil prices up at week ending May 15

- Global oil prices gain due to surprise decline in US stocks after 15 successive weeks of increases

15.05.2020 Oil , Finance , International Organization , General

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

- Hydrogen projected to be significant part of energy mix by 2030, according to a new survey

15.05.2020 Oil , Lng/Lpg , Projects , Renewable , International Organization

Oil mkt. rebalancing gradually, still fragile, IEA head

- May's report shows 8.6 million-barrel-per-day oil demand fall for 2020 from prior forecast in April of 9.3 million barrels

15.05.2020 Oil , International Organization , World , Americas

April, an extraordinary month for oil markets: IEA

- OPEC crude oil output in April rises by 2.38 million barrel per day (mb/d) month on month to stand at 30.73 mb/d

15.05.2020 Oil , International Organization , World

Oil prices up with surprise decline in US crude stocks

- Despite decline in crude inventories, over 82% of capacity is full in US storage hub

15.05.2020 Upstream , Stock Market , Americas

US crude oil stocks post first decline since January

- Commercial crude oil inventories fall for first time after 15 consecutive weeks of increases

14.05.2020 Refining/Petro Chemistry , Americas

Iran eyes non-oil exports for economic revival

-Iranian first vice-president says surge in production depends on expanding non-oil exports

14.05.2020 Oil , World , Middle East-Africa

Global oil production down in April 2020

- OPEC crude demand is expected to be 24.3 million barrels per day, 5.6 million barrels per day lower than 2019

14.05.2020 Oil , Finance , Middle East-Africa

EIA revises up Brent price forecast by $1 for 2020

- International benchmark expected to average $34 per barrel this year

14.05.2020 Upstream , Stock Market , Americas

Oil prices remain low with virus-related low demand

- Global oil consumption is expected to increase once countries soften quarantine measures against COVID-19

14.05.2020 Downstream , Energy Security , Europe , Asia , Americas

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

Saudi, Kuwait, UAE to deepen oil cuts in June

- Saudi Arabia paves way for coordinated move by Gulf OPEC producers to further cut crude production

12.05.2020 Oil , Energy Security , International Relations , Middle East-Africa

Saudi austerity measures needed to fix economy: SPA

- Measures including tripling VAT are to tackle economic impact of COVID-19 and low oil prices

13.05.2020 Oil , Middle East-Africa

Saudi Aramco's net income declines 25% in first quarter

- Revenue down 16% year-over-year

12.05.2020 Upstream , Invesments , Middle East-Africa

Oil prices up with Saudis due to make deeper output cut

- Saudi Arabia to lower oil production by an additional 1 million barrels per day starting in June

12.05.2020 Oil , Finance , Middle East-Africa , General

Saudis to hike VAT to support coronavirus-hit economy

Kingdom to suspend cost of living allowance as part of austerity measures

12.05.2020 Refining/Petro Chemistry , Stock Market , Energy Diplomacy , Energy Security , International Organization

Oil prices down with weak demand, rising supply glut

- Over 86% of stock capacity is full in major US crude oil storage

12.05.2020 Upstream , Stock Market , Energy Security , Americas

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

- Renewable-based electricity vehicles offer significant opportunities to reduce local, global emissions, IRENA report says

11.05.2020 Electricity , Renewable , Transportation/Fuel Oil , World

US oil rig count falls eighth week in a row

- Decline in oil rig count in US totals 391

10.05.2020 Oil , Americas , General

Norway's DNO makes job cuts, reports loss for 1Q20

- Company focuses on savings amid pandemic

10.05.2020 Oil , Finance , General

Coronavirus hits US oil sector hard as billions lost

- US crude output already down 1.2 million bpd, while many oil majors announce billions of dollars in net loss for 1st quarter

09.05.2020 Upstream , Invesments , Energy Security , Americas

Oil prices up as softer quarantine measures rise demand

- Price of Brent crude gains more than 3%

09.05.2020 Downstream , Stock Market , Energy Security , Europe , Americas

Qatar Petroleum joins 3 exploration blocks in Mexico

- Agreements further expands Qatar's footprint in Mexico, says Minister of State for Energy Affairs

07.05.2020 Oil , International Relations , Energy Projects , Americas , Middle East-Africa

Oil gains as US gasoline demand rises for second week

- Demand for gasoline in world's biggest oil consumer is on rise

07.05.2020 Transportation/Fuel Oil , Stock Market , Americas

US crude oil inventories show rise for w/e May 1

- Commercial crude oil stocks increase by 4.6 million barrels

07.05.2020 Refining/Petro Chemistry , Americas

Weak fuel demand causes refinery run declines in US

- As US motor gasoline and jet fuel consumption falls to lowest level since 1991, refiners change mix of petroleum products

07.05.2020 Refining/Petro Chemistry , Energy Security , Americas

Oil prices down with expectation of US crude build-up

- Crude oil inventories in US estimated to increase by 8.44 million barrels for week ending May 1

06.05.2020 Refining/Petro Chemistry , Stock Market , Americas

Total’s net profit decreases 35% in Q1 amid oil crisis

- Company agrees to reduce net investments by 25% to $14 billion in 2020

06.05.2020 Oil , Upstream , Oil , World

South Sudan: Fall in global oil prices hitting economy and peace

- Experts believe since oil revenue finances country’s 98% budget, commitments in peace deal will take a break

06.05.2020 Oil , Energy Security , Middle East-Africa

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

ENI, Total energy firms postpone drilling in E. Med

-Earlier, ExxonMobil announced postponement of plans to drill in region until September 2021

05.05.2020 Upstream , World , Turkey

Oil prices up with optimism over easing of lockdowns

- Investors are optimistic that reopening of major economies will increase oil consumption

05.05.2020 Downstream , Stock Market , Energy Security , Europe , Asia , Americas

Chevron's income up, revenue down in first qtr. of 2020

- Commodity prices fell significantly in March due to reduced demand resulting from COVID-19, CEO says

04.05.2020 Upstream , Stock Market , Americas

ExxonMobil lowers capital spending by $10B amid virus

- Revenue came in at $56.16 billion for first quarter -- down 11.7% from $63.62 billion for same period last year

04.05.2020 Upstream , Invesments , Americas

Turkey intensifies E. Med. drilling despite COVID-19

- Third drillship, Kanuni, expected to start its operations following relaxation on measures against pandemic, experts say

05.05.2020 Natural Gas , Oil , Turkey , Europe

Oil prices down despite start of OPEC+ output cut

- It is unclear whether production curb by OPEC+ group will be enough to remove oversupply in market

05.05.2020 Upstream , International Organization , Middle East-Africa

Turkey discovers new method to explore hydrocarbons

- New groundwater method used in several regions in Turkey shows promising results

05.05.2020 Natural Gas , Oil , Turkey

US oil rig count falls seventh week in a row

- Oil rig count hits lowest level since June 2016

04.05.2020 Oil , Americas

Oil prices up as oil production cuts kick in

- Crude prices gain more than 5% as major oil producers set to lower output by 9.7 million bpd starting from Friday

02.05.2020 Oil , World

Downturn in oil demand will depend on lockdowns: IEA

- IEA expects oil demand decline will continue throughout this year, Fatih Birol says

02.05.2020 Electricity , Oil , Renewable , Energy Diplomacy

Turkey's energy import bill down 27.5% in March 2020

- Country's crude oil imports increase by almost 7.2% in March 2020 compared to same month of 2019

01.05.2020 Oil , Stock Market , International Relations , Turkey

Oil prices up as gasoline demand in US rises

- Crude prices gain more than 6% as gasoline inventories show decline

30.04.2020 Upstream , Stock Market , Americas

Norway to cut oil output in 2020 to lift prices

- Start-up of production in several fields will also be delayed until 2021

30.04.2020 Oil , Europe

Oil driller Valaris reports negative results for 1Q20

- Energy sector faces severe downturn due to low energy demand amid COVID-19 pandemic and resulting economic crisis: Valaris

30.04.2020 Oil , Finance , General

US crude oil inventories show strong rise for w/e April 24

- Commercial crude oil stocks rise by 9 million barrels

30.04.2020 Refining/Petro Chemistry , Americas

COVID-19 represents biggest shock to energy system: IEA

- Renewables are set to be the only energy source that will grow in 2020, IEA says

01.05.2020 Electricity , Natural Gas , Oil , Renewable , Nuclear , Coal , Energy Diplomacy , World

Low liquidity, limited storage push WTI below zero: EIA

- As of April 17, crude oil inventories in Cushing, Oklahoma totaled 60 million barrels, implying crude storage was 76% full

30.04.2020 Refining/Petro Chemistry , Stock Market , Americas

US energy production exceeds consumption after 62 years

- Production growth largely result of rise in crude oil and natural gas output from hydraulic fracturing, horizontal drilling

30.04.2020 Coal , Upstream , Hydro , Americas

Oil up as US crude stocks due to fall short of estimate

- US estimates addition of 9.98 million barrels in crude stocks, but market estimate is rise of 10.62 million barrels

30.04.2020 Refining/Petro Chemistry , Stock Market , Americas

UK oil, gas sector may lose 30,000 jobs: Report

- Companies' capital expenditure could fall to between £3.5-4 billion -- lowest investment since 2000

29.04.2020 Downstream , Upstream , Invesments , Europe

BP slumps into $4.4 bln. loss as oil prices crash

- BP plans to reduce cash costs by $2.5 billion by end of 2021 relative to 2019

29.04.2020 Natural Gas , Oil , Stock Market , Energy Security , International Organization

Oil prices down with worries over glut and storage

- As oversupply is rising, storage capacity for crude has been in steady decline

28.04.2020 Upstream , Stock Market , International Organization , Americas

Turkey's oil imports down 10.66% in February 2020

- Production of oil refinery products increases by 5.89% to 2.67 million tonnes in February 2020

28.04.2020 Oil , Turkey

Oil to rise to $40 after OPEC+ cut: Algerian Energy Min

- Energy Minister says global economy will not stay paralyzed following lifting of coronavirus lockdown

28.04.2020 Upstream , Oil , World

Oil prices sees slight fall with oversupply concerns

- Due to coronavirus-related cumulative rising supply, oil producers are desperately seeking additional storage

27.04.2020 Oil , Finance , Downstream , Americas , Middle East-Africa

US oil rig count falls sixth week in a row

- In the past six weeks, the decline in oil rig count in the U.S. totaled 305

27.04.2020 Oil , Downstream , Americas

ANALYSIS - COVID-19's blow to energy markets

- Fall in oil prices harbinger of dark days for countries whose economies depend on energy exports

25.04.2020 Oil , Stock Market , Energy Diplomacy , International Organization , Energy Projects

Brent stable at $22 per barrel with rising Asia demand

- Some refineries in Asia start purchasing crude to take advantage of low prices

25.04.2020 Oil , Transportation/Fuel Oil

Oil prices up 10% with rising Asia demand

- Some refineries in Asia start purchasing crude to take advantage of low prices

24.04.2020 Oil , Finance , Asia , Americas

US crude oil inventories show strong rise

- Commercial crude oil stocks rose by 15 million barrels

24.04.2020 Oil , Americas

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

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

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

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

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

Spot market natural gas prices for Sunday, May 31

Algerian LNG vessel arrives in Turkey on May 31

Bilfinger, Green Solutions to widen LNG station network

Oil up as market eyes OPEC for extended production cut

Brent oil price up with further OPEC output cut hopes

Haftar oil blockade causes over $4 bln. loss for Libya

Genel Energy receives $10.4 million for KRG oil prod.

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

FILE - US reigning champion in oil, natural gas

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

US crude oil stocks post first decline since January

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 eyes OPEC for extended production cut

Libya oil production comes to halt, affects economy

Brent oil price up with further OPEC output cut hopes

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

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