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      EU says Iran nuclear talks will reconvene next week

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      Eni announces oil discovery in Western Desert of Egypt

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

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      3rd Turkish drillship leaves Mersin bound for Black Sea

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      Asia to drive LNG demand with US leading supply growth

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      Indonesia's Balongan refinery rocked by massive blast

      Indonesia's Balongan refinery rocked by massive blast

      ExxonMobil makes first discovery offshore Suriname

      ExxonMobil makes first discovery offshore Suriname

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

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

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      Oil prices up by over 2% for week ending April 2

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

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      Suez Canal traffic jam cleared, says Egypt

      Oil prices up by over 2% for week ending April 2

      Oil prices up by over 2% for week ending April 2

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      Oil majors accelerate energy transition policies: Fitch

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      Turkey ranks as 5th biggest wind investor in Europe

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      Global oil demand to increase 6% in 2021: OPEC

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      Europe invests record €42.8 bln in wind energy in 2020

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      Turkey's first mini solar tenders to be held next week

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      Cost of financing renewables shows significant fall

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      Oil-rich Saudi Arabia branches into solar power

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      Turkey's Gumbel Group to invest $15M in solar technology

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      Hydro provides majority of Norway's power in March

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      China plans world’s biggest dam build on Tibetan river

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      Europe needs to build more wind farms for climate goals

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      Turkey announces landmark new economic reform package

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      Turkey: public sector vital for getting energy invests.

      Turkey announces landmark new economic reform package

      Turkey announces landmark new economic reform package

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      Turkey's electricity consumption up 12.24% in March

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      Turkey's daily power consumption up 0.35% on March 18

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      Oil majors accelerate energy transition policies: Fitch

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      Fitch reduces oil price forecast due to higher supply

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      S. Arabia, Iraq discuss efforts to stabilize oil market

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      US crude oil inventories fall for week ending Aug. 14

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

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      Sudan: Flashpoint Ethiopian dam not related to floods

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

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

      Russian Lukoil starts Chashkino gas-turbine power plant

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      Upcoming EU carbon regulation may affect Turkey: EU bank

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      Global CO2 emissions set for 2nd biggest rise in history

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      US Dept of Energy pledges $162M to decarbonize vehicles

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      Action to achieve Paris climate to upend oil, gas prices

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      Pandemic reveals importance and reliability of LPG

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

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

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      Greece prioritizes EU's interests in East Med.

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      Iran backs Assad regime by shipping 3M barrels of oil

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      Accident at atomic site 'nuclear terrorism': Iran

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      Greece prioritizes EU's interests in East Med.

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      Ukraine wants to double trade volume with Turkey

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      Turkey-Egypt alliance in E. Med could open new doors

      Uganda, Tanzania sign oil pipeline project agreement

      Uganda, Tanzania sign oil pipeline project agreement

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      Global oil demand to surge 6% in 2021: IEA

      Global oil demand to surge 6% in 2021: IEA

      2-month OPEC+ cuts rollover ‘best decision’: experts

      2-month OPEC+ cuts rollover ‘best decision’: experts

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Qatar Petroleum to solely own Qatargas 1 in 2022

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      Oil giants to convene for JMMC ahead of OPEC+ meeting

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      Oil prices up over OPEC+’s cautious output ease

      Oil prices up over OPEC+’s cautious output ease

      Siemens Energy signs long-term service deal with Aramco

      Siemens Energy signs long-term service deal with Aramco

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Qatar Petroleum to solely own Qatargas 1 in 2022

      Iraq awards drilling of 96 oil wells to Schlumberger

      Iraq awards drilling of 96 oil wells to Schlumberger

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      Turkey's 1st FSRU vessel arrives in Dortyol: Minister

      Turkey's 1st FSRU vessel arrives in Dortyol: Minister

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      Algerian LNG vessel to arrive in Turkey on April 23

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      Turkey's daily power consumption down 0.28% on April 21

      Turkey's first mini solar tenders to be held next week

      Turkey's first mini solar tenders to be held next week

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      Oil down as US crude stocks rise, COVID cases surge

      Oil down as US crude stocks rise, COVID cases surge

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      Upcoming EU carbon regulation may affect Turkey: EU bank

      Equinor discovers oil, gas in Norwegian Sea

      Equinor discovers oil, gas in Norwegian Sea

      Oil down over likely US crude rise, surge in Covid-19

      Oil down over likely US crude rise, surge in Covid-19

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      Oil down as US crude stocks rise, COVID cases surge

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      Oil down over likely US crude rise, surge in Covid-19

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      Oil prices down as demand rises due to weaker US dollar

      US LNG market share is no big threat to Russia: expert

      US LNG market share is no big threat to Russia: expert

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      Oil down as US crude stocks rise, COVID cases surge

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      Oil down over likely US crude rise, surge in Covid-19

      'If China drills for oil, Philippines is there too'

      'If China drills for oil, Philippines is there too'

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      Asia to drive LNG demand with US leading supply growth

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      Halliburton posts net income, revenue loss in Q121

      Halliburton posts net income, revenue loss in Q121

      US aims to reduce emissions by up to 52% by 2030

      US aims to reduce emissions by up to 52% by 2030

      Oil down as US crude stocks rise, COVID cases surge

      Oil down as US crude stocks rise, COVID cases surge

      US crude oil inventories rise for week ending April 16

      US crude oil inventories rise for week ending April 16

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      Oil down as US crude stocks rise, COVID cases surge

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      EU says Iran nuclear talks will reconvene next week

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Indonesia's Balongan refinery rocked by massive blast

- At least 20 injured, serious material damage reported

home > Oil, Upstream, Asia 29.03.2021 10:05

Indonesia's Balongan refinery rocked by massive blast

A massive explosion and fire erupted at Indonesian state oil company Pertamina’s Balongan refinery in Indramayu regency in West Java province, multiple sources reported early Monday.

According to ANI news agency, the blast was so strong that it was felt miles away, and residents of nearby areas were evacuated.

The New Zealand Herald reported that the explosion caused material damage in neighboring residential areas.

The cause of the blast remains unclear, but eyewitnesses told local media outlet Republika that it occurred after heavy rainfall, lightning and thunder.

Republika also reported that the explosion left 20 injured, including five in serious condition.

Firefighters are reportedly struggling to extinguish the flames.

By Ibrahim Hakki Cetinkaya

Anadolu Agency

energy@aa.com.tr


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Halliburton posts net income, revenue loss in Q121

- Company posts $170 million net income in first quarter after recording around $1 billion loss in same quarter of last year
13:40 Oil , News from companies , World , Americas

Oil down as US crude stocks rise, COVID cases surge

- US commercial crude inventories rise by 0.1% for week ending April 16, against expected fall of 2.8 million barrels per day
13:40 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories rise for week ending April 16

- Commercial crude oil stocks increase by 600,000 barrels, higher than market expectation of 2.8 million-barrel draw
13:40 Oil , World , Americas

Baker Hughes posts 12% revenue decline in Q121

- 'We remain cautiously optimistic that global economy and oil demand will recover from impact of global pandemic,' says CEO
22.04.2021 Oil , News from companies , World , Americas

Equinor discovers oil, gas in Norwegian Sea

- Recoverable oil and gas resources correspond to between 19 and 26 million barrels of oil equivalent
21.04.2021 Natural Gas , Oil , Finance , Europe , General

Oil down over likely US crude rise, surge in Covid-19

- US crude oil inventories are forecast to rise by over 436,000 barrels, American Petroleum Institute figures show
22.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

'If China drills for oil, Philippines is there too'

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20.04.2021 Oil , Asia

Norway’s oil, gas output lags behind predictions

- Total liquids output is expected to exceed 2.3 million bpd by end of 2021, highest in over 10 years: Int. Energy Agency
21.04.2021 Oil , World , Europe

Well tests to start in May in Turkey's Sakarya Gas Field

- Kanuni drillship will conduct tests in Tuna-1, Turkali-1 and Turkali-2 wells
21.04.2021 Natural Gas , Oil , Turkey

Oil prices down as demand rises due to weaker US dollar

- Libya declares force majeure on exports in Hariga port, curbing 280,000 barrels per day over budget feud with central bank
20.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Global CO2 emissions set for 2nd biggest rise in history

- IEA head in dire warning calls on governments to move rapidly to cut emissions against risk of worsening situation in 2022
20.04.2021 Oil , Finance , Coal , Renewable , General

Eni to operate Block 7 in UAE with 90% interest

- Block 7 in UAE’s Ras Al Khaimah emirate covers area of 430 square kilometers
20.04.2021 Oil , World , Middle East-Africa

Oil down over low demand fears from surging virus cases

- Slow pace of vaccination campaigns add to concerns over inability to achieve faster mass immunity
19.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count rises by 7 for week ending April 16

- This marks drop of 94 in number of US oil rigs compared to one year ago
19.04.2021 Oil , Finance , Americas

OPEC+ to slowly ease output after April: Russian min.

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18.04.2021 Oil , Finance , General

Oil prices up by over 7% for week ending April 16

- Positive oil demand forecasts of OPEC, IEA and hefty drop in US crude stocks also help bullish oil prices
17.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkey-Egypt alliance in E. Med could open new doors

- Restoration in relations is expected after two countries exchange positive signals on establishing contacts and dialogue
17.04.2021 Natural Gas , Oil , Energy Security , International Relations , Turkey , Middle East-Africa

Oil up over strong economic recovery signs in US, China

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17.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Shell plans 5% annual decline in oil output

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16.04.2021 Natural Gas , Oil , News from companies , World

Oil up over large fall in US stocks, positive forecasts

- US commercial crude oil inventories fall more than market expectation by 1.2%, signaling oil demand recovery in country
16.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending April 9

- Commercial crude oil stocks decrease by 5.9 million barrels, higher than market expectation of 2.1 million-barrel draw
16.04.2021 Oil , Americas

S. Arabia grants oil to Yemen to prevent power outages

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15.04.2021 Electricity , Oil , Middle East-Africa

Global oil demand to surge 6% in 2021: IEA

- Global oil demand revision supported by improved IMF outlook, swift US vaccine rollouts and better economic data in China
15.04.2021 Oil , International Organization , World

Oil prices up on estimated fall in US crude stocks

- Weaker dollar also exerts upward pressure on oil prices which are indexed to US dollar
15.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices up on China's economic rebound signals

- Rising tensions between Saudi Arabia, Yemen contribute to more bullish oil prices
13.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Brent leaps over alleged attacks on Aramco facilities

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13.04.2021 Oil , World , Middle East-Africa

Iran backs Assad regime by shipping 3M barrels of oil

- Shipment of over 3 million barrels of oil is estimated to meet needs of regime-controlled areas suffering from fuel crisis
13.04.2021 Oil , Finance , Energy Security , Middle East-Africa , General

Oil down over demand fears as India’s virus cases surge

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13.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Uganda, Tanzania sign oil pipeline project agreement

- 1,440 km crude oil pipeline will be constructed from Uganda's Albertine region to Tanzanian seaport of Tanga
12.04.2021 Oil , International Relations , Middle East-Africa

Aramco signs $12.4B infrastructure investment deal

- Newly-formed Aramco subsidiary, Aramco Oil Pipelines Company, will lease usage rights in Aramco’s stabilized crude oil pipelines network for 25-year period
10.04.2021 Oil , Middle East-Africa , General

Oil rig count in US remains unchanged this week

- Number of oil rigs stays at 337
13.04.2021 Oil , Americas , General

Oil prices down for week ending April 9

- Investors weigh rising supplies as weak demand outlook continues due to Covid-19
10.04.2021 Oil , World

Oil prices mixed over weaker dollar, rising supplies

- Prices still under pressure after major oil producers of OPEC+ agree to increase output after April
09.04.2021 Oil , World

Oil prices down over unexpected build in US fuel stocks

- Low demand concerns linger with US gasoline inventory rise of 4 million barrels last week
09.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending April 2

- Commercial crude oil stocks decrease by 3.5 million barrels, higher than market expectation of 1.325 million-barrel draw
09.04.2021 Oil , Americas

Aramco in talks to sell over $10B oil pipeline stake

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08.04.2021 Oil , Middle East-Africa

US energy agency revises up its oil price forecast

- International benchmark Brent crude is now estimated to average $62.28 per barrel in 2021
08.04.2021 Oil , Americas

Oil prices up on strong economic outlook, stock draw

- American Petroleum Institute estimates more-than-expected inventory draw of 2.618 million barrels for week ending Apr. 2
08.04.2021 Oil , World , Americas , Middle East-Africa

Oil prices up with strong economic data from US, China

- Upward price trend pushed back by OPEC+' decision to ease output and on indirect talks between US and Iran in Vienna
07.04.2021 Oil , World

Oil prices up due to positive market perception: Experts

-Markets welcome OPEC+ decision to gradually increase production as move perceived as ‘demand recovery’, not 'output rise’
06.04.2021 Oil , Finance , World

Oil prices slip with demand curbed from virus concerns

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06.04.2021 Oil , World

Suez Canal traffic jam cleared, says Egypt

- Last batch of 61 vessels successfully crossed waterway on Saturday, according to head of Suez Canal Authority
04.04.2021 Oil , Transportation/Fuel Oil , World , Middle East-Africa

US oil rig count rises by 13 for week ending April 2

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05.04.2021 Oil , Americas , General

Oil prices up by over 2% for week ending April 2

- Cautious OPEC+ output decision and fall in US oil inventories support rise of oil prices
03.04.2021 Oil , Upstream , Refining/Petro Chemistry , Transportation/Fuel Oil

Oil prices up over OPEC+’s cautious output ease

- Rapid increase in Eurozone manufacturing sector's PMI in March also reflects positively on oil prices
03.04.2021 Oil , Refining/Petro Chemistry , Stock Market , Energy Projects

South Sudan’s economy hit by drop in oil prices, floods

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03.04.2021 Oil , Energy Diplomacy , Energy Security , Middle East-Africa

OPEC+ agrees to gradually ease output from May to July

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02.04.2021 Oil , World , Middle East-Africa

OPEC+ meeting begins with cautious optimism

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02.04.2021 Oil , World

Oil up ahead of OPEC+ decision on output level

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01.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories fall for week ending March 26

- Commercial crude oil stocks decrease by 900,000 barrels, higher than market expectation of 400,000-barrel rise
02.04.2021 Oil , World , Americas

Mozambican oil group seeks global help to fight terror

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01.04.2021 Oil , Energy Security , Middle East-Africa

2-month OPEC+ cuts rollover ‘best decision’: experts

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01.04.2021 Oil , International Organization , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil up over hopes of extension of current output cuts

- Scheduled to meet on Thursday, OPEC+ will decide whether to either keep or ease current production cuts further after April
01.04.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Turkey's energy import bill down 12.2% in February 2021

- Last month, overall energy imports fall due to rise in country's domestic and renewable energy production
01.04.2021 Natural Gas , Oil , Turkey

Oil prices slip due to uncertainty ahead of OPEC+ meet

- Investors are cautious before OPEC+ meeting although experts say output rise is unlikely with more Covid-19 cases in Europe
31.03.2021 Oil , World , Turkey , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil giants to convene for JMMC ahead of OPEC+ meeting

-Conformity levels to OPEC+’s voluntary production adjustments and global market conditions will be discussed during meeting
31.03.2021 Oil , International Organization , World , Turkey , Europe , Eurasia , Asia , Americas , Middle East-Africa

Traffic in Suez Canal back to normal: Official

-Announcement follows reports that strong winds drove ship stranded in Suez Canal back to previous position
30.03.2021 Oil , Turkey

Oil down as Suez Canal re-opens after six-day blockade

- Further declines were limited as investors are hopeful of reasonable market management by OPEC+
30.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Suez closure shows Asia’s reliance on Eastward oil flow

- Reason for increasing oil imports into East of Suez is region's growing refining activity, International Energy Agency says
29.03.2021 Oil , International Organization , World , Middle East-Africa

Indonesia's Balongan refinery rocked by massive blast

- At least 20 injured, serious material damage reported
29.03.2021 Oil , Upstream , Asia

Libya says oil spill brought under control

- Oil production operations in northern Dahra oilfield not affected, according to National Oil Corporation
29.03.2021 Oil , Middle East-Africa

Turkey's oil imports down 24.7% in January 2021

- Output of oil refinery products decreases by 8% to 1.96 million tonnes in January this year
29.03.2021 Oil , World , Turkey

US oil rig count rises by 6 for week ending March 26

- This marks drop of 340 in number of US oil rigs compared to one year ago
28.03.2021 Oil , Americas , General

Brent oil price down 0.91% for week ending March 26

- Prices in downward trajectory with third Covid wave concerns and more-than-expected build in US crude inventories
27.03.2021 Oil , World

Oil up as Suez Canal blockage fuels supply worries

- Efforts to free container ship, Ever Given, are expected to take weeks, says Suez Canal authorities
26.03.2021 Oil , World

Revenues of oil giants decline 35.4% in 2020

- Royal Dutch Shell records highest year-over-year decline in revenue
27.03.2021 Oil , World

Oil, gas still relevant alongside renewables: S. Aramco

- Cleaner gas, including Blue Hydrogen and Blue Ammonia, will be area of growth for company, says head of upstream business
26.03.2021 Natural Gas , Oil , Renewable , World

US thanks Yemen for easing oil blockade on Hudeydah

- Secretary of State Antony Blinken thanks Yemeni premier for 'efforts to ease the suffering of Yemenis'
26.03.2021 Oil , Energy Security , Middle East-Africa

OPEC+ caution likely with recent oil price losses

- OPEC+ boost needed at end of month to curtail oil price losses in March, expert says
26.03.2021 Oil , World

Oil down with US oil stocks rise, demand fears in Europe

-Weighing on prices, US crude inventories surge by 1.9 million barrels relative to market expectation of 900,000-barrel build
26.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US crude oil inventories rise for week ending March 19

- Commercial crude oil stocks increase by 1.9 million barrels, higher than market expectation of 900,000-barrel rise
25.03.2021 Oil , Americas

Suez Canal route opening assures crude tankers safety

- Rescue efforts continue to float Panamanian container ship that is blocking traffic in one of world's busiest trade routes
25.03.2021 Oil , Energy Security , Middle East-Africa

Iraq awards drilling of 96 oil wells to Schlumberger

- Schlumberger bid for drilling work accepted at 14.4% less than forecast price of $561 million
25.03.2021 Oil , Energy Security , Energy Projects , Middle East-Africa

Oil prices rise after sharp declines over demand fears

- Rising coronavirus cases in European countries followed by mitigation measures dampen hopes of oil demand recovery
25.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down over fears of stalled demand from lockdowns

- Several European countries raise containment measures amid third wave of virus surging across continent
23.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil down as rising virus cases caps demand rebound hopes

- EU countries, including Germany and Belgium, plan to further increase restrictions against virus
23.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Saudi oil giant Aramco reports 44% profit slump in 2020

- Aramco's 2020 profits hit $49B compared to $88.2B in 2019
23.03.2021 Oil , Middle East-Africa

Kenya feels betrayed by Somalia over maritime dispute

- Maritime delimitation case between East African countries has already started at ICJ without Kenya’s participation
20.03.2021 Natural Gas , Oil , Middle East-Africa

Saudi Arabia contains fire at oil facility after attack

- Yemen's Houthi rebel group says earlier Aramco oil company targeted with 6 drones
21.03.2021 Oil , Middle East-Africa

US oil rig count rises by 9 for week ending March 19

- This marks drop of 346 in number of US oil rigs compared to one year ago
21.03.2021 Oil , Americas

Oil prices down over 8% for week ending March 19

- Having hovered between $68-70 a barrel, oil prices post sharp declines on the last day of week
20.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil posts sharp decline over rising demand concerns

- Increasing virus cases and uncertainties around safety of vaccines put pressure on oil prices
20.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

EU halts sanctions for more Turkish oil firm officials

- EU has frozen expansion of list of sanctions on officials of Turkish Petroleum Corporation, say EU diplomats
19.03.2021 Oil , Refining/Petro Chemistry , Energy Diplomacy , Energy Projects , Europe

Oil majors accelerate energy transition policies: Fitch

- European firms plan at least large emission reductions, while US peers focus on reducing emissions in upstream operations
20.03.2021 Oil , Transportation/Fuel Oil , Stock Market , Eurasia , Americas

Fitch raises oil price forecast due to stronger demand

- Brent oil price for 2021 is revised up to average $58 a barrel from $45 a barrel
19.03.2021 Oil , Stock Market , Energy Diplomacy , Energy Projects , Americas

21 US states sue Biden for revoking oil pipeline permit

- Revoking permit can 'only' be accomplished through bicameralism, lawsuit argues
18.03.2021 Oil , Americas

Oil prices down over rise in US crude oil inventories

- Probable disruptions in vaccine programs and prospects of new restrictions prove bearish for prices
18.03.2021 Oil , World

US crude oil inventories rise for week ending March 12

- Commercial crude oil stocks increase by 2.4 million barrels, slightly lower than market expectation of 2.7 million-barrel rise
18.03.2021 Oil , World , Americas

Global oil demand to surge 6% in 2021: IEA

- Stronger economy, vaccine deployment will support growth in second half of year, energy agency says
18.03.2021 Oil , International Organization , World

No return to ‘normal’ for post-Covid oil markets: IEA

- Global oil demand expected to incur irreversible damage due to ‘shifting policies, behavior changes, Energy Agency warns
18.03.2021 Oil , International Organization , World

Oil prices rise over unexpected fall in US stocks

- Delayed oil demand recovery fears weigh on prices as safety of COVID-19 vaccines is brought into question
18.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil prices down over negative vaccine reports

- Several European countries halt use of AstaZeneca’s vaccine over reports of blood clotting cases
17.03.2021 Oil , World

Oil prices up over better economic data from China

-China's daily refinery output increased 15% in January and February, data from National Bureau of Statistics shows
16.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

US oil rig count falls by 1 for week ending March 12

- This marks drop of 374 in number of US oil rigs compared to one year ago
15.03.2021 Oil , Finance , Americas , General

Oil prices down over 1% for week ending March 12

- Despite limited fluctuations, oil prices hover between $66-69 a barrel during week supported by tighter supply
15.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Oil posts limited drop over vaccine uncertainties

- Some European countries halt use of AstraZeneca and Oxford University vaccines over reports of blood clotting issues
13.03.2021 Oil , World , Europe , Eurasia , Asia , Americas , Middle East-Africa

Global oil demand to increase 6.5% in 2021: OPEC

- Crude output rises mainly in Nigeria, Iraq, Iran, Venezuela and Libya but decreases in Saudi Arabia and Angola, says OPEC
13.03.2021 Oil , International Organization , World

Oil prices up as US economy shows positive signs

- Country’s consumer prices show 0.4% increase in February in line with economists’ expectations
12.03.2021 Oil , World

Eni, Var Energi announces oil discovery offshore Norway

- Preliminary estimates place size of discovery between 65 and 100 million barrels of oil equivalent
11.03.2021 Oil , Finance , Europe , General

US crude oil inventories rise for week ending March 8

- Commercial crude oil stocks increased by 13.8 million barrels, more than market expectation of 833,000-barrel draw
11.03.2021 Oil , Americas
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