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US crude oil production rises 30th time in 36 weeks

- Crude output sees increase of 118,000 barrels a day for week ending Sept. 14

20.09.2018 Upstream , Americas

Turkey’s domestic hybrid locomotive showcased in Berlin

- New locomotive will save 40 percent on fuel with hybrid technology

20.09.2018 Electricity , Transportation/Fuel Oil , Turkey , Europe

EU: Passenger car demand surges 6.1 pct in Jan-Aug

- Manufacturers' association says 10.8 million new passenger cars were registered in EU in January-August

20.09.2018 Downstream , Europe

OMW joins Dow Jones Sustainability Index

- Oil and gas company OMV is the only Austrian company to join the Down Jones Sustainability Index

20.09.2018 Natural Gas , Oil , Finance , Invesments , General

Novatek reveals big hydrocarbon find in Utrenneye field

- New find at Russian Utrenneye Field is estimated as 405 bln. cubic meters of natural gas and 40 mln. tons of gas condensate

20.09.2018 Natural Gas , Oil , Projects , Eurasia , General

Turkey is capable of overcoming economic woes: BP Pres.

- We still have great belief in Turkey. Every economy has its short term problems and Turkey will get through this: BP Pres.

19.09.2018 Upstream , Downstream , Energy Diplomacy , Turkey , General

Russia mulls oil output rise prior to Algerian meeting

- Oil output increase on agenda for discussion for Russia and some OPEC members at upcoming meeting in Algeria: Novak

18.09.2018 Oil , Finance , Energy Diplomacy , International Organization , General

Shell aims to have lower methane emissions intensity

- Rate below 0.2 percent covers all oil and gas assets for which Shell is operator

18.09.2018 Natural Gas , Oil , News from companies , World , General

Egypt inks $1B exploration deal with Shell, Petronas

- Companies to drill 8 wells in West Nile Delta to explore oil and gas

18.09.2018 Upstream , Upstream , Middle East-Africa

Brent oil starts week on Sept. 17 with price drop

- Decrease driven by boost in US oil rig count last week

17.09.2018 Oil , World

Russia, Saudis 'taking oil market hostage', says Iran

-Country’s OPEC chief also says OPEC has lost its credibility as 'Saudi Arabia and UAE have turned OPEC into a tool for US’

17.09.2018 Oil , World , General

Iran, Turkmenistan to form oil, gas committee

- Committee will bolster energy ties, head of Iran's presidential office says

17.09.2018 Natural Gas , Oil , Asia , Middle East-Africa , General

26 city mayors commit to procure zero-emission buses

- Cities' action will prevent 11,000 premature deaths per year from air pollution

16.09.2018 Transportation/Fuel Oil , World , Europe , Americas

Oil rig count in US shows increase this week

- Number of oil rigs rises by seven

16.09.2018 Oil , Americas

Brent oil falls to $78 level at week ending Sept. 14

- Oil prices decrease due to production rises on international oil market

15.09.2018 Oil , Finance , World

China's crude oil output up after almost 3 years

- National Bureau of Statistics announces energy figures for month of August, and period covering January to August

15.09.2018 Electricity , Coal , Upstream , Upstream , Asia , General

Petrofac secures $20 million well engineering contracts

-Company awarded series of contracts around the world

14.09.2018 Upstream , News from companies , World

US: Florence begins slow assault on Carolinas

- Storm downgraded to Category 2 but 'catastrophic' flooding, damage expected

14.09.2018 Downstream , Downstream , Energy Security , General

Russia, China to cooperate for Rosneft’s Siberian plans

- Rosneft and CNPC sign cooperation deal for oil & gas exploration and production in eastern and western Siberia

13.09.2018 Natural Gas , Oil , Eurasia , Asia

Global Aug. oil supply up despite drop in Iran's output

- Recovery in Libyan output, and rises in Iraq, Nigeria & Saudi Arabia outweigh losses from Iran ahead of US sanctions: IEA

14.09.2018 Oil , World

US crude oil production falls sixth time in 35 weeks

- Crude output falls by 200,000 barrels a day in US states excluding Alaska

13.09.2018 Oil , Americas

Global oil supply rises in August: OPEC

- In August, OPEC crude oil production shows increase of 278 thousand barrels per day to average 32.56 million barrels per day

13.09.2018 Oil , World

Saudi Aramco awards Chinese firm oil drilling contract

- China Harbour Engineering to construct two man-made drilling islands to support Berri oil field production capacity

12.09.2018 Upstream , News from companies , Middle East-Africa

US revises up oil price forecasts for 2018, 2019

- US Energy Information Administration revises up Brent and WTI by $1 per barrel for this year, and $3 a barrel for next year

13.09.2018 Oil , Americas

Hurricane Florence continues path to US east coast

- Washington DC, Virginia, Maryland declared states of emergencies as storm expected to hit Carolinas late Thursday

12.09.2018 Downstream , Downstream , Energy Security , Americas

Turkey, Sudan ink deals on oil exploration, agriculture

- Turkish Petroleum Corporation to make investments in Sudan worth $100 million, says agriculture and forestry minister

11.09.2018 Upstream , Turkey , Middle East-Africa , General

World gas demand to overtake oil in 2026: DNV GL report

- Global oil demand to peak in 2023, and global gas demand to peak in 2034, says DNV GL's Energy Transition Outlook for 2050

11.09.2018 Natural Gas , Oil , World , General

China's crude oil imports up 6.5 pct in Jan-Aug

- Country's coal, natural gas and refined oil imports were also up in first eight months of year, official figures show

10.09.2018 Natural Gas , Oil , Coal , Asia

Brent oil starts week beginning Sept. 10 with rise

- Increase driven by fall in US oil rig count last week as well as upcoming US sanctions against Iran

10.09.2018 Oil , Finance , General

Gaza hospitals to stop services over fuel crisis

-Gaza boasts a total of 13 Ministry-run hospitals and 54 primary health care centers

10.09.2018 Transportation/Fuel Oil , Middle East-Africa , General

Oil rig count in US shows decline this week

- Number of oil rigs falls by two

09.09.2018 Upstream , Americas

Brent oil falls to trade just over $76 on Fri., Sept. 7

- Crude oil inventories decreased in U.S., while gasoline stocks increased last week

08.09.2018 Oil , Finance , Americas , General

US crude stocks decline, gasoline inventories rise

- Oil prices fall after rise in gasoline inventories

07.09.2018 Oil , Downstream , Americas , General

Ford recalls 2 million pickups due to fire risk

- Company says seat belts can generate sparks

07.09.2018 Transportation/Fuel Oil , World

Number of global air passengers exceeds 4B in 2017

- Number of air passengers all around world rises 7.3 percent year-on-year

07.09.2018 Transportation/Fuel Oil , World

Nigeria: Africa's energy center

- West African country has ninth-largest natural gas reserves

07.09.2018 Upstream , Middle East-Africa

Turkey to drill in Med. before winter: Energy Min.

- Turkey will start its first drilling in Mediterranean before the winter, says Turkish Energy Minister

07.09.2018 Natural Gas , Oil , Upstream , Upstream , Turkey , Middle East-Africa

ExxonMobil agrees to build chemical complex in China

- Company is evaluating multibillion-dollar investment in Guangdong province

07.09.2018 Lng/Lpg , Refining/Petro Chemistry , News from companies , Asia

Transocean announces deal to buy Ocean Rig for $2.7B

-Acquisition of global offshore drilling contractor for approximately $2.7 billion includes Ocean Rig’s net debt

05.09.2018 Upstream , News from companies , World

Saudi Aramco awards BHGE integrated services contract

- GE company receives contract for Saudi Aramco's largest upstream project - Marjan offshore oilfield

05.09.2018 Upstream , News from companies , Middle East-Africa

Iran launches three major petchem projects in south

-Projects in Asaluyeh expected to add 3.4 million tons to country's annual petrochemical production capacity

05.09.2018 Refining/Petro Chemistry , Middle East-Africa

Brent oil falls but stays above $77 on Sept. 3

- After rise in US oil rig count and OPEC's output data, crude oil prices posted some losses on the global market

04.09.2018 Oil , Downstream , Americas , Middle East-Africa , General

Iraq's oil exports exceed 111 million barrels in August

-Revenues hit $7.72 billion last month, according to Oil Ministry

04.09.2018 Oil , Middle East-Africa

Oil rig count in US shows increase this week

- Number of oil rigs rises by two

03.09.2018 Oil , Americas , General

Brent oil above $77 at week ending Aug. 31

- Weakened outlook for global oil demand growth because of trade disputes keep oil prices from rising further

02.09.2018 Oil , Finance , World

Total to sell interest in Canada oil sands project

-Asset to be sold to Canadian Natural Resources Limited for CAN$225 million

31.08.2018 Upstream , News from companies , Americas

Canada court blocks Trans Mountain pipeline expansion

-Indigenous concerns, environmental impact not properly assessed

01.09.2018 Oil , News from companies , Americas

Denmark to become net oil importer after 25 years

- 2017 is the last year in which Denmark produced more oil than the country consumed

03.09.2018 Oil , Energy Projects , Europe , General

Total sells its polystyrene business in China

-French energy giant accepts Germany-based INEOS Styrolution’s offer to buy two production plants

01.09.2018 Refining/Petro Chemistry , News from companies , Asia

OPEC’s JMMC reports 109 pct conformity level in July

-‘Significant progress’ made towards goal set at 4th OPEC, non-OPEC ministerial meeting in June, says Monitoring Committee

31.08.2018 Upstream , World , General

US crude oil production falls fifth time in 33 weeks

-Crude output falls by 100,000 barrels a day in US states excluding Alaska

31.08.2018 Upstream , Americas , General

Eni acquires exploration area onshore Alaska

- Eni will hold all leases with a 100% working interest in an area of approximately 350,000 acres, Eni announces

30.08.2018 Upstream , Upstream , Americas

Saudi Aramco, Russian university ink collaboration deal

-Company to conduct joint research programs on upstream technology with Lomonosov Moscow State University

30.08.2018 Upstream , Upstream , News from companies , Eurasia , Middle East-Africa

Russian Transneft's profit falls 19.2% in 1H18

- Profit decrease is mainly due to increased depreciation and amortization for new facilities

29.08.2018 Oil , Finance , General

South China Sea ‘major’ trade route for crude oil

-More than 30 percent of global maritime crude oil trade moves through South China Sea, according to US energy agency

29.08.2018 Downstream , Asia , General

NAFTA becomes latest deal to fall victim to Trump

- Despite new U.S.-Mexico trade agreement, tariffs on US steel and aluminum imports from Mexico will not be removed

28.08.2018 Oil , Americas , General

Norway's Equinor increases estimate for Johan Sverdrup

-Johan Sverdrup is forecast to hold 2.2-3.2 billion barrels of oil equivalent, up from prior estimate of 2.1-3.1 bln. barrels

27.08.2018 Oil , Europe , General

India's oil demand growth to rise by 2035: Wood Mac.

-Wood Mackenzie forecasts India's rising income levels, expanding middle class and growing need for mobility drive oil demand

28.08.2018 Oil , Finance , Asia , General

Brent oil rises over $75 in week beginning Aug. 27

- Weakened outlook for global oil demand growth keep oil prices from rising further

28.08.2018 Oil , Finance , World , Americas

OPEC's oil export revenue rises 28 percent in 2017

- Rise in crude prices played a significant role for revenues of OPEC countries

28.08.2018 Oil , Finance , International Relations , Middle East-Africa

SOCAR, Uniper to partner in energy efficiency projects

- The two companies sign an agreement in Baku during Angela Merkel’s trip to Azerbaijan on Saturday

28.08.2018 Natural Gas , Oil , Invesments , Europe , Eurasia

Oil rig count in US shows decline this week

- Number of oil rigs falls by nine

26.08.2018 Oil , Americas

Crude oil prices gain more than 2 percent

- Brent and WTI increase 2.2 percent

26.08.2018 Oil , Americas

Brent oil above $75 at week ending Aug. 24

- Brent crude oil hit its highest level since July 31 on Thursday trading at $75 per barrel

25.08.2018 Oil , Asia , Americas

UK's Petrofac sells North Sea assets for $292 million

- UK's North Sea oil and gas operator Ithaca Energy buys Petrofac's 20 percent interest in Greater Stella Area

25.08.2018 Natural Gas , Oil , Europe

Permian expected to drive US crude prod. growth in 2019

- Permian region expected to account more than half of crude production growth through 2019, EIA says

25.08.2018 Oil , Americas

Saudi Arabia denies reports on Aramco IPO cancellation

- Saudi Arabia aims to earn $100 billion by offering 5 percent of Aramco to the public

24.08.2018 Oil , Middle East-Africa

US crude inventories fall for week ending Aug. 18

- Crude stocks decline 5.8 million barrels

23.08.2018 Oil , Americas

Brent oil gains 3.3 percent as US crude stocks decline

- Brent price hits $75 a barrel -- highest level since July 31

24.08.2018 Oil , Americas

Upstream oil projects deliver on time, Wood Mackenzie

- Wood Mackenzie details recent global upstream oil projects that have delivered on target in past 12 months

23.08.2018 Oil , General

Brent oil dips to $71.72 in week beginning August 20

- U.S., China and Iran tensions and demand fall in Asia contributes to drop in global demand

21.08.2018 Oil , Energy Diplomacy , General

Iraq's Basra, Chevron agree to implement oil fields MoU

- Chevron and Basra will also establish a company to work together

19.08.2018 Downstream , Americas , Middle East-Africa , General

Merkel, Putin to discuss energy trade

- German Chancellor Angela Merkel and Russian President Vladimir Putin will meet today near Berlin today, where they are expected to discuss energy cooperation, especially the developments around much debated Nord Stream 2 project

19.08.2018 Natural Gas , Oil , Energy Projects , Europe , Eurasia , General

Turkey's crude oil imports down in June

- Turkish crude oil imports drop by 8.8% and total oil products imports fall by 3.6% in June, according to EMRA report

19.08.2018 Oil , Turkey , General

Oil rig count in US remains unchanged this week

- Number of oil rigs stays at 869

18.08.2018 Oil , Americas , General

US refineries running at record highs: EIA

- Refineries responding to high demand for motor gasoline and distillate, Energy Information Administration says

19.08.2018 Oil , Americas , General

Brent oil remains steady above $72 at w/e Aug. 17

- Brent crude oil hit its lowest level in four months on Wednesday trading at $70.31 per barrel with a 3 percent loss

17.08.2018 Oil , World

Canada approves Trans Mountain oil pipeline expansion

-National Energy Board approves more than 96 percent of route for pipeline segments 1-4, and 73 percent of entire route

18.08.2018 Oil , Americas

Gazprom Neft's 1st half 2018 net profit almost doubles

- Gazprom Neft sees 1.5-fold increase in its operating profit in the first half of 2018

18.08.2018 Natural Gas , Oil , Finance , Asia

Brent crude price hits lowest level in four months

- Benchmark dips to lowest level since April 10

16.08.2018 Oil , Finance , Americas

US crude inventories rise for week ending Aug. 10

- Market expected a decline of 2.5 million barrels

16.08.2018 Oil , Americas

ANALYSIS - Moscow’s oil pipeline diplomacy

- Russia’s prime concern for the creation of considerable oil and gas surplus pipeline capacity is more economically based

15.08.2018 Oil , Energy Diplomacy , Eurasia

Asian consortium plans to invest $7B in Iran's petchem

-Unnamed consortium to initially invest $2 billion over a three-and-a-half-year period, National Petrochemical Company says

15.08.2018 Refining/Petro Chemistry , News from companies , Asia , Middle East-Africa

Eni granted new exploration license offshore Egypt

- Company plans to proceed with drilling of exploration well in second half of the 2018, Eni announces

15.08.2018 Upstream , Upstream , Middle East-Africa

Iran offers oil price discounts for Asian customers

- Iranian oil move is part of the nature of the global markets being offered by all oil exporters, IRNA states

15.08.2018 Oil , Finance , Middle East-Africa , General

Petrofac secures EPC deal from Iraqi Basra Oil Company

-UK major awarded $370 million contract to expand central processing facility in Majnoon oilfield in southern Iraq

15.08.2018 Upstream , News from companies , Middle East-Africa

Petkim becomes Industrial Liaison Program member of MIT

- The program will help Petkim to develop its R&D activities and strategic research globally

14.08.2018 Refining/Petro Chemistry , Turkey

Global oil supply rises in July: OPEC

-In July, OPEC production increased by 41 thousand barrels per day to average 32.32 million barrels per day

14.08.2018 Oil , World

Brent oil dips to above $72 in week beginning August 13

- U.S.-China trade tensions and demand fall in Asia contributes to drop in global demand and to stemming global prices

13.08.2018 Oil , World

Oil rig count in US shows increase this week

- Number of oil rigs rises by 10, the most since May

12.08.2018 Upstream , World , Americas

Brent oil above $72 at week ending Aug. 10

- Oil price fluctuations will continue amid US-China trade war, and risk of global supply shortages from US sanctions on Iran

10.08.2018 Oil , Finance , General

Global oil flow in July up despite drop in Saudi output

-Drop in Saudi flow and in Venezuela, Libya and Angola were largely offset by higher output from Kuwait, UAE and Nigeria: IEA

11.08.2018 Oil , World

Turkey's Petkim sees 183% surge in net profit in 2Q18

- Petkim's net profit in second quarter of 2018 increases to 356 million Turkish liras, company announces

10.08.2018 Electricity , Oil , Finance , General

US revises down oil price forecasts for 2018

- Brent is expected to average $72 a barrel in 2018, while WTI is estimated to average $66 per barrel

10.08.2018 Oil , Finance , Americas , General

US crude stocks, production decline for w/ending Aug. 3

- Crude output falls for fourth time in span of 30 weeks

10.08.2018 Oil , Finance , Downstream , Americas , General

Saudi Aramco to help develop advanced engine/fuel combo

-Joint research program with Mazda and Japanese research facility AIST could improve engine efficiency and cut CO2 emissions

10.08.2018 Transportation/Fuel Oil , News from companies , Asia , Middle East-Africa

Saudi Aramco to buy remaining 50 pct stake in Arlanxeo

-Proposed purchase of German Lanxess' share in Dutch specialty chemicals company valued at €1.5 billion

09.08.2018 Refining/Petro Chemistry , News from companies , Europe , Middle East-Africa

Turkey, Iran gas trade to continue for supply security

- Turkey's natural gas trade with Iran is based on long term contract up to 2026, minister Donmez says

09.08.2018 Natural Gas , Oil , Turkey , Middle East-Africa

Does Iran pose threat to Mid. East oil transit?

- Iran's warning to block the Strait of Hormuz to oil shipments targets Iran's public, expert says

09.08.2018 Natural Gas , Oil , Americas , Middle East-Africa

Turkey: Air passenger traffic hits 120.4M in Jan-July

- Number of passengers passing through Turkish airports rose 14 percent year-on-year

08.08.2018 Transportation/Fuel Oil , Turkey

Saudis escalate diplomatic row with Canada

- Kingdom-controlled media warns Ottawa to step back or risk wrath of ‘entire Muslim world’

08.08.2018 Finance , Downstream , Americas , Middle East-Africa

Rosneft's EBITDA increases 46.8% in 2Q18

- The company almost triples net income in the same quarter

07.08.2018 Oil , Finance , Eurasia , General

Iraqis stage sit-in outside Basra’s W. Qurna 2 oilfield

- Protesters demand better public services, more job opportunities and an end to corruption

08.08.2018 Oil , Energy Diplomacy , Middle East-Africa

Turkey’s 2nd petrochem. facility to start ops. in 2023

- Turkey’s annual foreign trade deficit is set to decrease by around $1.5 billion with launch of STAR Refinery

07.08.2018 Refining/Petro Chemistry , Turkey , Eurasia

Brent oil trades above $73 in week beginning August 6

- Number of oil rigs in US down by two for week ending August 3, Baker Hughes data shows

07.08.2018 Downstream , World

China aims to become nuclear energy leader

US' oldest nuclear power plant to retire on Monday: EIA

Russia to build nuclear reactors for China & Egypt

US, Saudi energy ministers discuss civil nuclear tech.

Asian Dev. Bank to loan $500M to Bangladesh power plant

China’s coal production up 4 percent in April

Turkey's electricity consumption grows 6% in October

Spot market electricity prices for week ending August 20

Ten new cities join Powering Past Coal Alliance

China's crude oil output up after almost 3 years

China's crude oil imports up 6.5 pct in Jan-Aug

Engie should close, not sell its 3 German coal plants

Greek Cyprus, Egypt sign deal for gas pipeline project

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

No refund for Total until South Pars completion: Iran

Osaka to acquire 35pct stake in US shale gas project

UK announces new measures to back shale gas exploration

Support for shale fracking drops in UK

UK's 1st shale gas drilling rig arrives on site

Greek Cyprus, Egypt sign deal for gas pipeline project

US: Florence begins slow assault on Carolinas

Hurricane Florence continues path to US east coast

Power of Siberia gas pipeline almost complete

Russian piped gas is critical for Europe's supply needs

US LNG is coming to Germany, says US dep. energy sec.

Qatargas, PetroChina sign 22-year LNG supply deal

ExxonMobil agrees to build chemical complex in China

US crude oil production rises 30th time in 36 weeks

Turkey is capable of overcoming economic woes: BP Pres.

Egypt inks $1B exploration deal with Shell, Petronas

China's crude oil output up after almost 3 years

Trump slams OPEC, criticizes high oil prices again

EU: Passenger car demand surges 6.1 pct in Jan-Aug

Turkey is capable of overcoming economic woes: BP Pres.

US: Florence begins slow assault on Carolinas

Energy incentives prioritized for Turkish economy plan

ExxonMobil agrees to build chemical complex in China

Iran launches three major petchem projects in south

Total sells its polystyrene business in China

Turkey’s domestic hybrid locomotive showcased in Berlin

26 city mayors commit to procure zero-emission buses

Gaza hospitals to stop services over fuel crisis

Ford recalls 2 million pickups due to fire risk

Enel starts construction of 84.7 MW solar farm in Spain

Vestas gets 144 MW order from US' Avangrad Renewables

Turkey's Akfen receives $363 million loan from 6 banks

Siemens Gamesa ranks as top wind turbine vendor in 2017

Enel starts construction of 84.7 MW solar farm in Spain

Turkey's Akfen receives $363 million loan from 6 banks

Turkey's Zorlu signs 50MW solar deal with Kazakhstan

ABB connects Sweden's largest solar park to grid

Statkraft acquires Tidong hydropower project in India

Ethiopia: PM blames contractor for delay in dam

Hydro produces 94.7% of Norway's electricity in June

Bosnia: Explosion in hydroelectric plant kills 3

Turkerler to invest up to $1B. in Manisa's geothermal

US funds $4.45M for geothermal zonal isolation research

Finnish Neste's profit increases to €277 mln. in 2Q18

US to invest $3.6M in geothermal energy technology

Novatek reveals big hydrocarbon find in Utrenneye field

World's 1st hydrogen-powered train launches in Germany

Free rides for people who recycle in Istanbul

Pioneering Spirit sets offshore pipe-laying world record

Ronesans Holding inks deal for Ceyhan industrial zone

Global poverty falls to record low: World Bank

Erdogan meets representatives of US companies in Turkey

OMW joins Dow Jones Sustainability Index

Turkish Central Bank reserves total $100.7B in July

Turkish stocks rise over 1.6 pct at close

Turkish, Qatari central banks ink currency swap deal

Tesla shares halted after CEO suggest taking it private

Turkey’s energy watchdog imposes $1.2 million fine

Turkey's EMRA ups max-limit of gas distribution regions

Border tax would make US less competitive: Chevron CEO

Volkswagen pleads guilty in emissions scandal

UK regulator offers price cap on gas, electricity bills

EU light bulb rules will allow household energy savings

$23B for Turkey's elec. privatization in past 10 yrs

Spot market electricity prices for Monday, April 30