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US crude stocks decline, gasoline inventories rise

- Oil prices fall after rise in gasoline inventories

07.09.2018 Oil , Downstream , Americas , General

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

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

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

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

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

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

Pompeo: US to enforce sanctions against Iran

- First round of sanctions, largely targeting Iran's banking sector, are set to take effect Monday

06.08.2018 Downstream , Energy Diplomacy

Iran's Mar 21-July 21 oil exports rise by over 8 percent

-Average of 2.3 million barrels per day was exported from March 21 to July 21, says Oil Ministry's news agency, Shana

02.08.2018 Downstream , Middle East-Africa

Lukoil's net profit down 25pct in first half of 2018

-Russia's second largest oil company sees net profit of nearly $1.4 billion between Jan 1 and June 30

27.07.2018 Finance , Upstream , Downstream , News from companies , Europe

Shell's profits rise 30 percent in second quarter 2018

-Oil giant starts share buyback program of at least $25 billion in period 2018-2020

26.07.2018 Natural Gas , Finance , Upstream , Downstream , News from companies , Europe

Repsol earnings increase 46pct in first half of 2018

-Spanish oil company’s net income hits €1.546 billion between Jan and June, recording highest profit for period in past decade

26.07.2018 Finance , Upstream , Downstream , Refining/Petro Chemistry , News from companies , Europe

Eni, Sonatrach strengthen cooperation in Algeria

- Eni and Sonatrach agree to strengthen cooperation for gas, petrochemicals, renewables, and offshore projects in Algeria

18.07.2018 Finance , Downstream , Renewable , General

Canal Istanbul to alleviate oil traffic via Bosphorus

- $13B. deal between Russian and India for oil shipments will lead to more traffic on the Bosphorus: Energy Center director

16.07.2018 Downstream , Turkey , Asia

Libyan oil firm resumes exports following 1-week hiatus

- Italian ambassador hails move, calling it 'evidence that Libyans can work together’

12.07.2018 Oil , Downstream , Transportation/Fuel Oil , Energy Security , Middle East-Africa

Canada sides with US over Russian pipeline to Germany

- Says energy dependence can lead to division of NATO allies

12.07.2018 Downstream , Energy Diplomacy , Eurasia , Americas

Haiti: Pressure mounts on PM to resign

- Senior politicians warn president they will not support controversial fuel price hikes

11.07.2018 Oil , Downstream , Americas

Haiti: Calls for PM to resign amid fuel price woes

- Protests enter a fourth day despite government efforts to appease public concerns

10.07.2018 Downstream

Brent oil trades at $76.58 at week ending July 6

- Iran's OPEC governor reacts to US president's tweet calling for OPEC to reduce prices

08.07.2018 Oil , Finance , Downstream , Middle East-Africa , General

Talks to continue over Kirkuk oil exports to Turkey

-Talks over Kirkuk oil transfer to Turkey are still on the table, Iraqi Oil Minister said in interview Monday

02.07.2018 Oil , Finance , Downstream , Middle East-Africa , General

Oil supply beyond quota needs OPEC's consent: Iran

-Head of National Iranian Oil Company reacts to reports of Saudi Kingdom agreeing to increase production at Trump's request

03.07.2018 Downstream , Middle East-Africa , General

Turkey's crude oil imports down in April

- Turkish crude oil imports drop by 37.9% and total oil products imports fall by 10.3% in April, according to EPDK report

26.06.2018 Downstream , Turkey

Brent oil trades at $74.06 at week beginning June 25

-OPEC, non-OPEC producers decided on Friday and Saturday to increase daily production levels by around a million barrels

25.06.2018 Oil , Finance , Downstream , International Organization , General

US leads world oil production, consumption in 2017

- US tops global oil production for the fourth consecutive year

15.06.2018 Downstream

OPEC oil production rises in May

- Share of OPEC crude oil in total global production is unchanged at 32.6 percent in May month-on-month

13.06.2018 Oil , Finance , Downstream , General

Brent oil trades at $76.19 at week beginning June 11

- Brent crude trades at $76.19 per barrel while WTI sees prices of $65.56 per barrel

12.06.2018 Oil , Downstream , Energy Diplomacy , International Organization , Americas , Middle East-Africa , General

World refinery capacity grows in 2017

- World oil refinery capacity increases by 104,000 barrels per calendar day (b/cd) to 96.93 million b/cd, OPEC report says

08.06.2018 Oil , Finance , Upstream , Downstream , General

World crude oil production declines in 2017

- World crude oil production falls by 701,000 barrel per day to 74.69 million barrels per day

08.06.2018 Upstream , Downstream , Energy Diplomacy , Americas , Middle East-Africa , General

Spain’s Repsol updates plan to boost oil output by 2020

-Oil company updates its 2016-2020 Strategic Plan after achieving all goals set out in plan two years ahead of schedule

07.06.2018 Upstream , Downstream , Refining/Petro Chemistry , News from companies , Europe

Kenya makes first crude oil export

- President Uhuru Kenyatta says Kenya's joining of oil exporting countries to strengthen economy

04.06.2018 Downstream , Middle East-Africa

Iran calls for OPEC support against US sanctions

-Oil Minister Zangeneh in letter to OPEC president seeks inclusion of agenda item for support against 'unlawful' sanctions

01.06.2018 Upstream , Downstream , Middle East-Africa

Iran keeps top position as crude oil exporter to Turkey

- Although Turkey's total crude oil imports fell in 1Q18, Iran retained position as biggest crude oil exporter to Turkey

31.05.2018 Downstream , Turkey

Canada to finance troubled Trans Mountain Pipeline

-Public money will pay $3.46B for ownership of controversial project

30.05.2018 Downstream , Americas

Canal Istanbul project to be 'world brand': Erdogan

- President Recep Tayyip Erdogan says Canal Istanbul is not only development, but also strategic project

30.05.2018 Downstream , Energy Security , Turkey

Shell makes oil discovery in Gulf of Mexico

- Shell finds large, deep-water, oil exploration discovery in its Dover well located in the U.S. Gulf of Mexico

26.05.2018 Oil , Upstream , Downstream , Americas , General

Oil prod. quota should be 'flexible', Lukoil CEO says

- Another extension of the oil cut agreement up to 2019 and 2020 is possible: says Lukoil CEO

25.05.2018 Finance , Upstream , Downstream , Energy Diplomacy , International Relations , International Organization , Middle East-Africa , General

Brent oil hits $79.84 at week ending May 18

- Brent oil trades at $79.84 per barrel while WTI sees $71.58 on Friday afternoon

18.05.2018 Oil , Finance , Downstream , General

S. Arabia reaffirms commitment to oil market stability

-Energy minister says consulting counterparts to ease market anxiety after crude hits $80 per barrel amid US pullout from JCPOA

18.05.2018 Downstream , Middle East-Africa

US oil production rises 17 times in 18 weeks

- Crude oil output rose by 20,000 barrels per day to 10.72 million barrels a day for week ending May 11

18.05.2018 Oil , Downstream , Americas , General

Brent oil hits $80 per barrel

- Brent oil reaches $80 threshold due to concerns in Middle east and potential output loss in Iran & Venezuela

18.05.2018 Oil , Downstream , Middle East-Africa , General

Global oil supplies hold steady in April

- Compliance with the Vienna Agreement reaches record 172 percent, IEA says

17.05.2018 Oil , Downstream , Americas , Middle East-Africa , General

Turkey's auto production over half million in Jan-April

- Automotive exports rise to $11.3 billion in first 4 months of 2018

14.05.2018 Downstream , Refining/Petro Chemistry , Turkey

Brent oil hits $77.18 Wed. on US exit from nuke deal

- Brent on the rise due to Trump's decision to pull U.S. out of Iranian nuclear deal

10.05.2018 Oil , Finance , Downstream , Energy Diplomacy , Americas , Middle East-Africa , General

Iran says nuke deal to continue as long as it sells oil

- US President Trump expects to announce decision later on Tuesday on extending sanctions against Tehran under 2015 deal

09.05.2018 Downstream , International Relations , Americas , Middle East-Africa

Brent crude oil price surpass $76 per barrel

- International benchmark climbed to as high as $76.33 per barrel

09.05.2018 Finance , Downstream

Brent oil over $75 level at week beginning May 7

- Brent is increasing due to US uncertainty over pulling out of Iranian nuclear deal

08.05.2018 Oil , Finance , Downstream , World , Americas , Middle East-Africa , General

Shell to sell Argentinian downstream business

- Shell sells downstream business in Argentina for $0.95 billion to Raizen, a joint venture between Shell and Brazil's Cosan

25.04.2018 Downstream , Europe , Americas , General

Nigeria: Oil-rich delta protests over pollution

- Protesters block roads in Port Harcourt calling on government to act to stop spread of 'black soot pollution'

20.04.2018 Downstream , Middle East-Africa

Canada pipeline controversy follows Trudeau to UK

- Canadian provinces at war over future delivery of oil to Pacific countries

19.04.2018 Downstream , Americas

BP sets out commitment to limit carbon emissions

- BP intends to keep net greenhouse gas emissions from its operations at or below 2015 levels up to 2025, report shows

18.04.2018 Downstream , Downstream , World

Brent oil above $71.90 at week ending April 13

- Brent crude fluctuates due to rising tension in Middle East and with escalating trade war between US and China

14.04.2018 Oil , Finance , Downstream , General

OPEC compliance reaches record high 163% in March: IEA

- OPEC crude production fell by 200 thousand b/d in March, to 31.83 mb/d, on declines in Venezuela and lower output in Africa

13.04.2018 Oil , Finance , Downstream , General

Turkish Straits at risk from oil & gas transit boom

- Growing oil and gas tanker traffic and outdated Montreux Convention risks Turkish Straits, Bosphorus Energy Club head says

11.04.2018 Downstream , Downstream , Energy Security , Turkey

Bahrain announces large oil and gas discovery

- Bahrain's Oil Ministry will provide details on size and extraction viability of discovery at briefing on Wednesday

02.04.2018 Natural Gas , Upstream , Downstream , Middle East-Africa , General

Turkey's crude oil imports down in January

- Turkish crude oil imports fall by 37.89% and total oil products imports rise by 25.28% in January, according to EMRA report

29.03.2018 Downstream , Turkey

Brent oil above $69 at week ending March 23

- Brent crude at $69.02 per barrel while WTI sees $64.48 on Monday

24.03.2018 Oil , Finance , Downstream , International Organization , Americas , Middle East-Africa , General

Brent oil above $70 at week beginning Jan. 29

- Brent crude trades at $70.02 per barrel while WTI sees $66.28 on Monday

29.01.2018 Downstream , Refining/Petro Chemistry , Invesments , World

Turkey's Petkim issues $500 million bond

- The notes will be issued at a price of 99.47 percent and with a fixed coupon rate of 5.88 percent

29.01.2018 Downstream , Projects , Turkey

Turkey's diesel fuel imports rise by 44% in November

- Turkish crude oil imports fall by 33.4% and total oil product imports decrease by 7.63% in November 2017, according to EMRA

25.01.2018 Downstream , Turkey

Shell announces redevelopment of Penguins field in UK

- Final investment decision authorizes construction of floating production, storage and offloading vessel in North Sea

15.01.2018 Downstream , Downstream , Europe

Qatar Petroleum takes on all Qatari oil exportation

- Company becomes single interface for all crude oil marketing and sales activities for international markets from Jan. 1

04.01.2018 Downstream , Middle East-Africa

Sudan unveils plan to link railway to Ethiopia, S.Sudan

- Landlocked Ethiopia and South Sudan both depend on seaports in neighboring states to conduct international trade

03.01.2018 Downstream , Downstream , Middle East-Africa

Highlights of global energy market in 2017

- OPEC's oil cut pact extension, oil rebalancing, climate concerns, and Middle East diplomatic crisis were hot topics in 2017

19.12.2017 Oil , Downstream , World

Brent oil valued at around $62 on Friday, Dec. 8

- Brent crude price drops to $62.49 per barrel while WTI sees $57.01 on Thursday

10.12.2017 Oil , Finance , Downstream

Brent oil price falls to $61.25 on Dec. 7

- Brent crude price drops to $61.25 per barrel while WTI sees $55.94 on Thursday

07.12.2017 Oil , Downstream , Invesments , Middle East-Africa

Saudi oil minister expects further oil cut extension

- Oil extension can be extended for another 9 months, president of OPEC conference signals Thursday before OPEC meeting

01.12.2017 Oil , Downstream , International Organization

Brent oil price below $63 before OPEC meeting

- Brent crude price reaches $62.80 per barrel while WTI sees $57.48 on Thursday

30.11.2017 Upstream , Downstream , International Organization , Europe , Americas , Middle East-Africa

Oil prices between $70-$75 ideal: senior Iraqi official

- If there is practical need to extend oil cut agreement, it is likely all governments will support it, Iraqi Ambassador says

29.11.2017 Downstream , Transportation/Fuel Oil , International Organization , Americas , Middle East-Africa

Turkey, EU to hasten transport cooperation

- Transportation chiefs 'determined' to finalize Halkali-Kapikule railway project

27.11.2017 Downstream , Downstream , Europe

Keep Kirkuk out of Baghdad-Erbil dispute: Iraq leader

- Iraqi President Fuad Masum issues appeal from Kirkuk following brief visit to Kurdish region

27.11.2017 Downstream , Middle East-Africa

Oil extension pact is result of hard work: OPEC head

- Oil cut decision made a year ago is success for global oil market, OPEC head says

28.11.2017 Upstream , Downstream , International Organization , World , Middle East-Africa

Brent oil prices above $63 at week beginning Nov. 27

- Brent crude price reaches $63.83 per barrel while WTI sees $58.69 on Monday

27.11.2017 Downstream , International Organization , Americas

Turkey's crude oil imports rise in September

- Turkish crude oil imports increase by 23.27% and total oil product imports rise by 19.24% in September, according to EMRA

24.11.2017 Downstream , Turkey

Oil, gas still to play significant role: OPEC president

- Long-term oil demand is projected to surpass 100 million barrels per day in 2020, OPEC president says

24.11.2017 Oil , Downstream , Transportation/Fuel Oil , International Organization , Americas , Middle East-Africa

Brazil is third-largest oil producer in Americas: EIA

- Brazil is ninth-largest petroleum liquid producer globally and third-largest in the Americas, U.S Energy Info. Administration says

23.11.2017 Upstream , Downstream , Invesments , Americas

Keystone pipeline leaks 5,000 barrels of oil in US

- Leak comes before Nebraska decides on granting permission for extension to the Keystone pipeline

17.11.2017 Downstream , Americas

US crude oil inventories, production increase

- Crude oil production in US rises for fourth successive week

17.11.2017 Downstream , Americas

US stock market closes lower

- Dow and S&P reach lowest level in past three weeks

16.11.2017 Downstream , Americas

US crude oil inventories, production increase: EIA

- Crude production in US reaches 9.62 million barrels per day

10.11.2017 Downstream , Americas

Turkey's crude oil imports rise in August

- Turkish crude oil imports increase by 0.30% and total oil product imports rise by 14.99% in August, according to EMRA

25.10.2017 Oil , Downstream

First train to link Baku-Tbilisi-Kars starts next week

- President Erdogan, Azerbaijani President Aliyev and Georgian Premier Kvirikashvili to be aboard train at project launch

23.10.2017 Natural Gas , Oil , Downstream , Downstream

Exxon acquires oil terminal in Permian Basin

- Strategically positioned terminal to handle Permian Basin's oil and condensate for transport to Gulf refineries: Exxon says

19.10.2017 Oil , Downstream

TransCanada drops CAN$16B pipeline projects

- Opponents cheer decision, some bemoan economic lossrnrn

06.10.2017 Oil , Downstream

Iran becomes Turkey's new biggest crude oil exporter

- Turkey imports 7.4 million tons of crude oil from Iran in January-July period, Turkish energy watchdog data shows

04.10.2017 Oil , Downstream

Nigerian minister petitions president over oil deals

- Memo leaked on social media deepens public suspicion about government's fight against corruption \r\n

04.10.2017 Oil , Downstream

EC fines Lithuanian Railways €28M in competition breach

- EC fines Lithuanian Railways €28 million for hindering competition on rail freight market: EC press release says

03.10.2017 Oil , Downstream

Turkey's crude oil imports down in July

- Turkish crude oil imports fall by 8.59% and total oil products import rise by 4.04% in July, according to EMRA reportrn

26.09.2017 Oil , Downstream

PKK/PYD sets sights on Syrian oil in Deir ez-Zor

-Eying Syria’s largest oilfields, terrorist group stages rapid advance into eastern Deir ez-Zor province

19.09.2017 Oil , Downstream

China Nat. Petr. Corp, Eni sign oil & gas agreement

- Eni and China National Petroleum Corp. to boost cooperation in oil and gas exploration, LNG, refining and petrochemicals

13.09.2017 Oil , Downstream

Turkey's crude oil imports rise in June

- Turkish crude oil imports increased by 4.6 percent to 2 million tonnes in June, according to EMRA report

22.08.2017 Oil , Downstream

Kurdish referendum augurs ill for Iraq: Turkmen leader

- Kurdish Regional Government plans to hold referendum on secession in September

30.07.2017 Oil , Downstream

Turkey's crude oil imports rise in May

- Crude oil imports increased by 24.9 percent to 2.6 million tonnes during May in Turkey, according to EMRA reportrn

25.07.2017 Oil , Downstream , Refining/Petro Chemistry

World Petroleum Congress in Istanbul to begin

- Turkey to host high-level officials, executives during 5-day congress at Istanbul Convention Center

09.07.2017 Oil , Upstream , Downstream

Nigeria: Ex-president called to testify on oil scandal

- Goodluck Jonathan was reportedly in office in 2011 when $1B allegedly diverted in suspect oil deal

06.07.2017 Oil , Downstream

New connections on express train from Istanbul to Sofia

- Istanbul-Sofia Express will make stops in Bucharest and Belgrade

03.06.2017 Oil , Downstream

Turkey's energy imports increase by 33% in April

- Country's total imports were nearly $17.7 billion in Aprilrn

31.05.2017 Oil , Downstream

US stock market opens lower

- Oil prices down more than 1 percent

31.05.2017 Oil , Downstream

Turkey's oil imports exceed 40 mln. tons in 2016

- Top three oil exporters to Turkey in 2016 were Iraq, Russia and Iran, EMRA data revealsrn

30.05.2017 Oil , Downstream , Refining/Petro Chemistry

Brent oil prices above $54 on Monday

- Brent crude oil price rose by 0.37% to $54.14 while U.S. WTI increased by 0.34% to $51.22 at 05.00 GMT on Monday

22.05.2017 Oil , Downstream

Non-Exec. Director Sbiti to retire from Genel Energy

- Non-Executive Director of Genel Energy Chakib Sbiti to retire from his duty as of June 2017, company announces

27.04.2017 Oil , Downstream

Russia wants to keep oil production stable

- The country will decide on oil production level based on OPEC and non-OPEC reports for April and May

26.04.2017 Oil , Downstream

Kurd. Reg. Gov. pays $27.02M to Taq Taq field partners

- Genel Energy receives share of $14.86 million for January's oil sales from KRG for Taq Taq field exports\r\n\r\n

11.04.2017 Oil , Downstream

Wall Street closes higher as oil gains

- Oil prices gain more than 1 percent

11.04.2017 Oil , Downstream

Brent oil price at $55 at end of week on April 7

- Brent crude oil price increased by 2.84% to $55.27 while U.S. WTI rose 2.72% to $52.23 at 14.30 GMT on Friday

07.04.2017 Oil , Downstream

BP to sell Forties Pipeline System to INEOS

- BP agrees to sell its Forties Pipeline System (FPS) to INEOS for $250 million, BP announces

03.04.2017 Oil , Downstream

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