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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 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

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

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

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

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

Global oil production up in March 2020

- OPEC crude demand in 2020 is forecast at 24.5 million barrels per day, around 5.4 million barrels per day lower than 2019

17.04.2020 Oil , Finance , Downstream

Global oil demand to drop by record 29 mbpd in April

- This month could go down as 'Black April' in global oil industry, IEA head says

15.04.2020 Oil , Downstream , International Organization

Exxon Mobil cuts 2020 capital expenditure by 30%

- Biggest share drop in capital spending will be in Permian Basin in Texas with decline in drilling pace and well completions

08.04.2020 Oil , Upstream , Downstream

Total, Apache make new oil discovery in Suriname

- Discovery of Sapakara West-1 follows first find at Maka Central-1 in same region

03.04.2020 Oil , Downstream , World

Fitch lowers oil price forecast on Covid-19, oversupply

- Brent crude expected to average $35 a barrel this year, down from previous estimate of $41 a barrel

03.04.2020 Downstream , Stock Market , International Organization , Americas

US, Russia energy ministers discuss oil market

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

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

MENA oil exporters to see $192B income fall in 2020: IIF

- Quarantines, disruption in supply chains, travel restrictions, business closings point to recession in MENA region

30.03.2020 Downstream , Invesments , International Organization , Middle East-Africa

Brent oil price hits $23 per barrel, lowest in 17 years

- International benchmark hit lowest level since November 2002

31.03.2020 Downstream , Stock Market , Energy Security , Americas , Middle East-Africa

Brent oil up with sharp decline in US oil rig count

- Crude output in US can decline in following weeks to help trimming some of oversupply in market

30.03.2020 Downstream , Stock Market , Americas

Oil heads for weekly loss with virus fears, oversupply

- US House of Representatives to vote later Friday on $2 trillion stimulus bill

28.03.2020 Downstream , Stock Market , International Organization , Americas

Turkey's oil imports up 12.7% in January 2020

- Production of oil refinery products increases by 23.72% to 2.88 million tonnes in January 2020

28.03.2020 Oil , Downstream , Refining/Petro Chemistry , International Organization , Energy Projects , Turkey

Oil up with G20's $5 trillion pledge, weak US dollar

- G20 undertaking 'immediate and vigorous measures' to support economies, sectors most affected by virus

27.03.2020 Downstream , Invesments , International Organization , Americas

Oil prices to remain low through 2020: Moody's

- High uncertainty about pace of recovery in demand may cause oil prices to remain weak in 2021

27.03.2020 Downstream , Stock Market , Energy Security , Americas

Global oil demand forecast to fall 4.9% in 2020: Rystad

- Month of April to take biggest hit as global oil demand estimated to fall by 16%

27.03.2020 Downstream , Energy Security , Asia

Oil down despite US Senate passes $2 trillion package

- Stimulus bill could increase US' crude consumption, and then global oil demand, which remained low due to Covid-19

27.03.2020 Downstream , Oil , International Organization , Americas

Lower oil price to weaken oil-exporters credit profiles

- Fiscal revenues, exports of some countries will decline by more than 10% of GDP, says global rating agency

26.03.2020 Upstream , Downstream , Oil

Shell to cut spending by $5 billion in 2020

- Company will also suspend its plan to buy back $25 billion worth of shares

25.03.2020 Upstream , Downstream , Oil

Covid-19 and oil shock to hurt ratings: Moody's

- Disruption of economic activity to last through June, but some recovery expected in second half of 2020, agency says

25.03.2020 Downstream , Invesments , Americas

Barclays lowers 2020 oil price forecast by $12 a barrel

- Brent crude estimated to average $31 per barrel this year

25.03.2020 Downstream , Stock Market , Europe

Oil prices gain with decline in US dollar index

- American dollar index down after US Senate fails to pass coronavirus support package

24.03.2020 Downstream , Projects , Americas

S. Aramco makes preventive plans to sustain supply: CEO

-"We developed emergency plans to meet needs of customers around world," says company president

24.03.2020 Upstream , Downstream , Transportation/Fuel Oil , Oil

‘Crude oil to outrun storage capacity in few months’

- Production outstrips demand by 6 million barrels per day, equal to 2 billion barrels storage needed in 2020: Rystad Energy

23.03.2020 Upstream , Downstream , Refining/Petro Chemistry

Texas plans huge oil output cut for 1st time since 1972

- US shale companies have cut as much as 50% of planned spending due to falling demand since OPEC+ deal breakdown

21.03.2020 Upstream , Downstream , Oil

Saudis to raise oil export to record 10M barrels a day

-Move comes after Riyadh announces tapping of new Fadhili gas field to compensate for 250,000 barrels of oil consumption

18.03.2020 Downstream , Transportation/Fuel Oil , Oil

Developing states to lose up to 85% oil, gas pay in '20

- Heads of International Energy Agency, Organization of Petroleum Exporting Countries discuss global oil markets over phone

18.03.2020 Upstream , Downstream , Refining/Petro Chemistry

Oil down despite second US Federal Reserve rate cut

- Central bank also launches $700 billion quantitative easing program to support economy

16.03.2020 Downstream , Stock Market , International Organization , Americas

Turkey: 4 fuel firms fined for violating competition law

- Companies include Shell&Turcas Petrol, BP, Petrol Ofisi, OPET, which supply fuel and gasoline to many gas stations all over Turkey

14.03.2020 Downstream , Oil , Turkey

Coronavirus, oil shock to strain MENA region: Fitch

- Rating agency estimates oil price drop of $10 a barrel will affect government revenues by 2% to 4%

11.03.2020 Downstream , Invesments , Middle East-Africa

Low oil prices increase financial risks: Moody’s

- International credit rating agency says it expects oil, gas companies to actively manage their liquidity in 2020

11.03.2020 Downstream , Invesments , Americas

Coronavirus pushes Brent oil to lowest in 31 months

- Benchmark loses 32.5% since Jan. 8, 2020

05.03.2020 Downstream , Stock Market , Energy Security , Asia , Middle East-Africa

Oil down with focus on deeper OPEC cut amid coronavirus

- Oil posts largest daily gains from previous trading session since September 2019

04.03.2020 Downstream , Stock Market , Energy Security , Asia

Brent oil heads for biggest weekly decline in 4 years

- Benchmark to post largest weekly loss since January 2016

29.02.2020 Downstream , Stock Market , Energy Security , Europe , Asia , Americas

Rystad revises down oil price forecast amid coronavirus

- Downside risk to oil prices unless minimum 1 million bpd of oil removed from market, research firm says

29.02.2020 Downstream , Stock Market , Energy Security , Europe , Asia

Oil posts losses as virus worries cause low demand

- Oil consumption in Asian and European countries expected to remain low due to weak economic activity in first half of 2020

29.02.2020 Downstream , Stock Market , Energy Security , Europe , Asia

Oil prices hit 14-month low with coronavirus fears

- Brent oil price hits lowest level since Dec. 28, 2018

28.02.2020 Downstream , Stock Market , International Organization , Europe , Asia

Oil prices remain low with coronavirus spread

- Coronavirus spreads to more than 30 other countries, keeping global oil demand low

27.02.2020 Downstream , Stock Market , Energy Security , Europe , Asia

Oil prices rebound from coronavirus fears

- Brent and WTI decrease by around 1.2% on previous session

26.02.2020 Downstream , Stock Market , Energy Security , Asia

Oil set for weekly gain with virus rebound, Libya risks

- This marks second consecutive weekly gain for oil prices as they reach their highest levels since Jan. 29

22.02.2020 Downstream , Stock Market , Energy Security , Asia , Middle East-Africa

Oil prices down with rising US crude stock, coronavirus

- Low global oil demand expectations remain strong due to COVID-19

21.02.2020 Downstream , Stock Market , Asia

Global fuel demand growth revised down amid coronavirus

- Global liquid fuels demand to average 101.7 million bpd in 2020, 378,000 bpd less than EIA's previous forecast in January

21.02.2020 Downstream , Energy Security , Asia

Oil prices gain with supply fears over Libya, Rosneft

- Missiles struck close to highly explosive LPG tanker in Tripoli

20.02.2020 Downstream , Stock Market , Energy Security , Middle East-Africa

Oil prices down with rising coronavirus cases

- Death toll in China from coronavirus outbreak increases to 1,869

19.02.2020 Downstream , Stock Market , Asia

Oil heads for 5% weekly gain as coronavirus fears ease

- Most reported cases are going back over days and weeks, WHO says

15.02.2020 Downstream , Stock Market , International Organization , Asia

More OPEC cuts will fail to curb glut due to coronavirus

-Economic shut-down in China from coronavirus will cause largest negative oil demand shock since 2008, says Rystad Energy

16.02.2020 Downstream , International Organization , Asia

Oil prices remain under pressure with coronavirus woes

- Death toll in China from coronavirus outbreak rises to 1,381

14.02.2020 Downstream , Stock Market , Asia

Coronavirus to delay global recovery, cause oil surplus

- World GDP may contract by 1% in 1Q20, which would be first quarter-to-quarter contraction since 1Q09

14.02.2020 Downstream , Invesments , Energy Security , Asia

US projected to become net oil exporter by 2050

- World's largest oil importer to export more crude if it produces more and oil prices increase

13.02.2020 Downstream , Americas

Oil loses gains as coronavirus deaths reach daily high

- Number of deaths climbed by daily record of 242 in China's Hubei province

14.02.2020 Downstream , Stock Market , Asia

Oil up as coronavirus cases slow to support demand

- Number of new cases marks slowest growth rate since Jan. 31

12.02.2020 Downstream , Stock Market , Energy Security , Asia

Oil up with possibility of OPEC extending output cut

- Coronavirus 'has had a negative impact on oil demand and oil markets,' OPEC president says

12.02.2020 Downstream , Stock Market , International Organization , Asia , Middle East-Africa

Halliburton, Socar AQS agree to joint venture in Azerbaijan

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

11.02.2020 Downstream , Downstream , Energy Projects , Eurasia

Oil prices up with hopes of deeper OPEC production cuts

- Chinese ambassador to the UN shared latest information on coronavirus and measures taken with OPEC in Vienna

06.02.2020 Downstream , Stock Market , International Organization , Asia , Middle East-Africa

Oil prices bounce back from 13-month lows

- Outbreak of coronavirus continues to keep crude demand low around the world

05.02.2020 Downstream , Stock Market , Energy Security , Middle East-Africa

Oil hits lowest level in six months due to coronavirus

- Prices at lowest level since Aug. 7, 2019

04.02.2020 Downstream , Stock Market , Asia

Oil prices head for biggest monthly decline since May

- Crude heads for more than 13% monthly loss with coronavirus' negative impact on economic growth and global oil demand

03.02.2020 Downstream , Stock Market , Americas , Middle East-Africa

Saudi Aramco invests $5 million in blockchain firm

- By using blockchain technology, the firm aims to further develop its trading platform and expand into new markets

31.01.2020 Downstream , Invesments , Middle East-Africa

Oil down as Fed warns against virus impact on growth

- "There is likely to be some disruption to activity in China and globally," Fed Chair Powell says

31.01.2020 Downstream , Energy Security , Asia , Americas

Oil revenues under threat for 1.3M Libyans: NOC head

- National Oil Company will not receive requested budget, which means billions less for Libyan people in future, Sanalla says

28.01.2020 Downstream , Invesments , Energy Projects , Middle East-Africa

Brent oil posts losses with rising coronavirus deaths

- Benchmark hits lowest level in nearly four months

29.01.2020 Downstream , Stock Market , Energy Security , Asia

Oil prices down with rising coronavirus cases

- Rising coronavirus cases in China as well as increased risk in US negatively impacts global oil demand

28.01.2020 Downstream , Energy Security , Asia , Americas

Oil heads for 6% weekly loss with China virus fears

- "Official GDP figures [in China] are likely to show a milder slowdown, as they did during SARS," expert says

25.01.2020 Downstream , Stock Market , Energy Security , Asia

Oil recovers after WHO calms Chinese epidemic concerns

- Coronavirus in China "has not yet become a global emergency", WHO says

24.01.2020 Downstream , Stock Market , Asia

China to buy big US crude quantities as per trade deal

- Beijing faces various challenges to meet $52 billion worth of energy goods purchases from US in two years

23.01.2020 Lng/Lpg , Downstream , International Relations , Asia , Americas

Oil prices down with rising US stocks, China epidemic

- New virus epidemic in China threatens overall oil demand

24.01.2020 Downstream , Energy Security , Asia , Americas

Oil down as China posts weakest grow in three decades

- Chinese economy expands 6.1% in 2019, weakest in 29 years

18.01.2020 Downstream , Stock Market , Asia

Global oil supply falls in Dec. 2019

- Escalating tension in the Middle East intensifies concern over supply security

17.01.2020 Oil , Finance , Downstream , General

Oil prices steady before US-China phase-one trade deal

- Investors skeptical that world's two largest economies will lift sanctions amid phase-two deal

15.01.2020 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices up with US, China trade rapprochement

- US removes China's 'currency manipulator' label

15.01.2020 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices down as Middle East tensions ease

- Prices below Jan. 3 level when US carried out strike killing Iran's Qasem Soleimani

10.01.2020 Downstream , Stock Market , Energy Security , Americas , Middle East-Africa

Oil prices down with lost gains after Trump's comments

- "Iran appears to be standing down," US President says

10.01.2020 Downstream , Stock Market , Energy Security , Americas , Middle East-Africa

Brent crude up after Iran's missile attacks

- The benchmark passes key milestone of $70 a barrel for second time this week

08.01.2020 Downstream , Stock Market , International Relations , Americas , Middle East-Africa

Oil prices retreat from nine-month high

- Crude prices retreat around 1.4% on Tuesday

07.01.2020 Downstream , Stock Market , International Relations , Americas , Middle East-Africa

Oil prices up 3% with tensions in Middle East

- Home to almost half of world's proved oil reserves, Middle East accounts for one-third of global oil production

03.01.2020 Downstream , Stock Market , Americas , Middle East-Africa

Oil prices up as record US sales hint strong sentiment

- US' online retail sales in holiday season rose 18.8% from last year to hit a record high level

27.12.2019 Downstream , Stock Market , Americas

Oil falls from three-month highs after US-China deal

- Prices gained 1.5% on Friday to reach their highest level since Sept. 17

17.12.2019 Downstream , International Relations , Asia , Americas

US, China optimism push oil 1% up for w/ending Dec. 13

- Brent crude rises 1.2%, WTI gains 1.15% this week on the back of expectation of higher demand

14.12.2019 Downstream , International Relations , Asia , Americas

Oil prices gain as US, China close on trade deal

- 'Getting VERY close to a BIG DEAL with China. They want it, and so do we!' Trump says on Twitter

13.12.2019 Downstream , International Relations , Asia , Americas

Brent gains with Fed's rate pause causing weaker dollar

- US central bank does not envisage any change in interest rate until 2021

12.12.2019 Downstream , Projects , International Organization , Americas

US' mthly. petroleum exports exceed imports for 1st time

- Petroleum exports come in at 89,000 barrels a day higher than imports in September 2019 -- a first since records began

07.12.2019 Upstream , Downstream , Refining/Petro Chemistry , Transportation/Fuel Oil , Energy Diplomacy , Americas , General

OPEC meeting ends without conclusion after six hours

- "We can't say we have an agreement until we meet with our colleagues in non-OPEC," Saudi energy minister says

06.12.2019 Oil , Downstream , Refining/Petro Chemistry , Transportation/Fuel Oil , Europe , Middle East-Africa , General

Aramco earns record $25B from IPO, valuation hits $1.7T

- Saudi oil giant becomes world's most valuable company with market capitalization of $1.7 trillion

07.12.2019 Oil , Upstream , Downstream , Refining/Petro Chemistry , Energy Security , Europe , Middle East-Africa , General

Turkish sailor among 19 abducted off Nigerian coast

- Hong Kong-flagged crude oil vessel had 18 Indian nationals onboard

06.12.2019 Downstream , General

US Thanksgiving travel volume to be highest in 14 years

- 55 million people are expected to travel this Thanksgiving weekend

29.11.2019 Downstream , Invesments , Americas

Oil down as Trump strains China relations with new laws

- Beijing says Washington has 'sinister intention and hegemonic nature' with Trump's signing of two bills regarding Hong Kong

29.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil steady as trade woes drive Chinese profits down

- Industrial firms' profits in China mark steepest decline in eight months

28.11.2019 Downstream , Stock Market , Asia

Oil prices steady as investors focus on US, China trade

- After two sides discuss resolving main issues, consensus reached on how to resolve those, Beijing says

27.11.2019 Downstream , International Relations , Asia , Americas

Oil up slightly for w/ending Nov. 22 after fluctuations

- Oil prices hit two-month high on Thursday

23.11.2019 Downstream , Stock Market , International Organization , Asia , Americas , Middle East-Africa

Oil down with China's retaliatory stance against US

- 'We are not afraid. When necessary we will fight back,' Chinese President Xi Jinping says on US threats over trade deal

22.11.2019 Downstream , International Relations , Asia , Americas

Oil loses gains after Trump questions China trade deal

- Losses follow crude prices gains during previous trading session as Russia renewed commitment to support OPEC

22.11.2019 Downstream , Stock Market , International Organization , Eurasia , Asia , Americas

Oil slumps as US, China relations strain further

- Trump threatens to raise tariffs on China and US Senate passes bill to protect human rights in Hong Kong

21.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Saudi Aramco's income higher than 9 oil majors combined

- Firm's earnings more than total of ExxonMobil, Chevron, ConocoPhillips, BP, Royal Dutch Shell, Total, Eni, Equinor, Rosneft

21.11.2019 Downstream , Invesments , Europe , Americas , Middle East-Africa

Oil prices mixed with China's pessimism over trade deal

- So far, US slapped tariffs on Chinese imports worth $550 billion, while Beijing put tariffs on US goods worth $185 billion

20.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices mixed despite positive US, China trade talks

- Two countries reported to have had "constructive discussions on each other's core concerns"

19.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil down as Trump threatens China with more tariffs

- "... nobody’s cheated better than China," US President Donald Trump says

13.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil rises as US, China to roll back tariffs for deal

- Approval of phase one of interim trade deal dependent on both countries removing reciprocal tariffs

08.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices steady as markets await US-China trade deal

- Donald Trump, Xi Jinping meeting to sign phase one trade deal postponed to next month

07.11.2019 Downstream , Stock Market , International Relations , Asia , Americas

Oil prices up with US-China trade deal optimism

- World's two largest economies and oil consumers expected to reach some form of a deal by year-end

05.11.2019 Downstream , International Relations , Asia , 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

Turkey's local, renewable electricity production at 66%

Spot market electricity prices for Tuesday, June 2

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

Spot market electricity prices for Thursday, May 28

Spot market natural gas prices for Thursday, May 14

Spot market natural gas prices for Thursday, April 9

Spot market natural gas prices for Sunday, April 5

Spot market natural gas prices for Monday, March 16

Spot market natural gas prices for Monday, March 2

Spot market natural gas prices for Tuesday, Feb. 11

British LNG carrier arrives in Turkey

Danish LNG carrier arrives in Turkey

Spot market natural gas prices for Tuesday, May 26

US natural gas consumption forecast to fall this year

Spot market natural gas prices for Wednesday, May 20

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

Algerian LNG vessel arrives in Turkey on June 5

Russian share of Turkish gas imports falls as LNG rises

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

Norwegian LNG vessel to arrive in Turkey on June 5

OPEC, allies agree to extend oil cut for one month

OPEC meeting begins to discuss oil production cut deal

OPEC likely to extend oil cut deal for 1 month: Experts

OPEC, allies to meet on June 6: Russian Energy Ministry

Oil prices down with surprise US gasoline stock buildup

Brent crude price up with decline in US gasoline stocks

Oil prices down with oversupply, low demand

Over 200 US firms file for bankruptcy amid low prices

US crude oil stocks fall against market expectation

US crude oil stocks post second decline since January

US to buy oil for strategic reserve to test market

Petrofac considers cost cuts of $125 million in 2020

Iran to continue fuel shipments to Venezuela

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

Venezuela to escort Iranian fuel tankers

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

Siemens to supply 497 MW wind turbines to France

EU Recovery Strategy to boost clean, green technologies

Denmark, Vietnam talk offshore wind expansion

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

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

Time to plan postpandemic economic recovery: IEA chief

Japan's Enechange, Looop invest in Turkish solar plant

French oil firm Total wins 131-megawatt solar tenders

Ethiopia setting record straight on grand dam on Nile

Sudan, Egypt resume talks on Nile dam project

Pakistan awards $5.8B contract for dam construction

Ethiopia to respond to Egyptian complaint on Nile dam

EU approves €550M Danish aid to support biomass plants

ESCAP, IRENA to cooperate for sustainable solutions

Highlights of global energy market in 2019

UN wants action on climate change in 9 African nations

Turkish university to produce lithium-ion batteries

Turkey opens 2 more emergency hospitals in Istanbul

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

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

Fossil fuel profits could drop by $25T as demand falls

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

Oil up as market expects OPEC to extend and deepen cuts

Eurozone GDP to narrow by 8.7% in 2020: Lagarde

Oil prices down with surprise US gasoline stock buildup

Brent oil passes $40 a barrel with OPEC cut hopes

Baghdad halts payments to KRG until oil deal is struck

Libya oil production comes to halt, affects economy

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

Saudi, Russia agree on further oil output coordination

Spot market electricity prices for Saturday, May 30

Spot market electricity prices for Saturday, May 23

Spot market electricity prices for Friday, May 22

Spot market electricity prices for Saturday, April 25