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Equinor, partners strike oil and gas near Troll field in North Sea

- Estimated resources range from 0.1 to 1.1 million standard cubic meters, with reservoir quality described as 'moderate to very good,' Norvegian company announces

25.08.2025 Oil

On Scotland visit, Trump urges UK to slash North Sea oil taxes

- US president calls on London to incentivize drillers, calling North Sea oil 'TREASURE CHEST'

29.07.2025 General

Dutch government lowers offshore wind targets amid slow energy transition

- Target of 50 gigawatts of offshore wind capacity by 2040 'no longer realistic,' says Dutch climate minister

17.07.2025 Renewable

Equinor, Shell join to form independent oil and gas company in UK

- New company expected to produce over 140,000 barrels of oil equivalent per day in 2025

05.12.2024 Natural Gas Oil Energy Diplomacy

Equinor, Ithaca Energy to progress Phase 1 of Rosebank field in UK

- Approximately 245 million barrels of oil could be supplied from Phase 1 of Rosebank development

27.09.2023 Oil Europe

European leaders vow to boost North Sea green energy production

- Leaders pledge to aim for 120GW of offshore wind capacity by 2030 in North Sea, northern seas

25.04.2023 Renewable International Relations Europe

UK opens new oil and gas licensing round for 898 blocks in North Sea

- First licenses will be awarded from second quarter of 2023 and four priority areas will be sought to license ahead of others

07.10.2022 Natural Gas Oil

Global energy giants join for carbon capture, storage project in Dutch North Sea

- Large-scale CCS project in Dutch North Sea has potential to store 120-150 million tonnes of carbon

21.06.2022 Natural Gas Oil Renewable International Relations Energy Projects Europe

Foundation pit construction for unit 4 of Akkuyu nuclear plant underway

- Company expects to receive construction license for Unit 4 this year to begin full-scale construction works, says official

12.08.2021 Nuclear Türkiye General

Eni announces oil discovery in Southern North Sea

- Preliminary estimates place size of discovery between 220 and 360 million barrels of oil equivalent

22.06.2021 Oil World Europe

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Eni announces oil discovery in North Sea

- Preliminary estimates place size of discovery between 35 and 65 million barrels of oil equivalent

14.06.2021 Oil News from companies World Europe

ExxonMobil to sell over $1bln. in UK offshore assets

- Transaction expected to close by mid 2021

25.02.2021 News from companies World Americas

South Sudan’s main utility firm to halt power to Juba

- Ezra tells capital’s residents that from Jan 12 onwards, power plant will shut down due to lack of operational resources

11.01.2021 World Middle East-Africa

Lundin upgrades Edvard Grieg field reserve estimates

- Company expects 90% more reserves, and will extend production period up to 2023

30.09.2020 Oil Downstream World Europe

Norway's Equinor discovers oil and gas in North Sea

- Estimated recoverable resources are between 13 and 38 million barrels of oil equivalent

30.09.2020 Downstream World Europe

Petrofac wins $135M contract with Kazakhstan’s NCOC

- Engineering, Procurement, Consruction, Pre-commissioning and Commissioning is for new water treatment facilities at Atyrau

10.07.2020 Europe Eurasia General

Petrofac considers cost cuts of $125 million in 2020

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

15.05.2020 Upstream Refining/Petro Chemistry

Petrofac secures BP maintenance, metering contracts

- Petrofac strikes new deals with BP on digitalization

13.05.2020 Invesments Europe General

Can North Sea survive oil price rout?: WoodMac explains

- Quickest win is to reduce operational expenditure, says expert

24.03.2020 Oil Finance Europe General

Ex-UK minister lobbied Bahrain for suspect oil company

- British company Petrofac under investigation for bribery but its co-founder key donor to UK's ruling party

11.02.2020 Oil Europe Middle East-Africa

Rosatom and Brazil exploring cooperation on rare earth elements

Will building nuclear power plants empower Africa or entrench foreign reliance?

Talks to revise S.Korea's nuclear energy pact with US to start soon: Seoul

Energy pacts to bolster Türkiye-US strategic partnership, expert says

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Global coal demand to remain on a plateau in 2025 and 2026: IEA

Türkiye says power system strong amid European blackout

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

Costs double as oil and gas discoveries decline in global markets

Global gas production to increase by around 32% by 2050

Türkiye's LPG production up 5.14% in August

Türkiye paves way for Black Sea gas exports as LNG with regulatory overhaul

Energy pacts to bolster Türkiye-US strategic partnership, expert says

Greenpeace activists block LNG terminal in Belgium to protest imports from Russia, US

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

US crude oil inventories down 1% for week ending Dec. 8

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Oil prices up on expectations of supply delay from OPEC+, recession fears in US

Goldwind names Alper Kalayci, localization, supply chain manager in Türkiye

Nordex Group to install 90 MW wind power capacity in Türkiye

China's Dongfang plans $250M wind turbine plant in Türkiye

Europe to reach 441 GW of wind power by 2030

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Global solar set for record year after 64% growth in first half of 2025

Citicore secures $77M loan for 125-MWp solar project in Philippines

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Türkiye's Yusufeli Dam supplies power to 2.5 million people annually

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Most countries fall short on updated climate plans: UN report

Venezuela suspends energy deal with Trinidad over US warship visit

Japan, US reveal 1st projects under Tokyo’s $550B investment package

Proposal submitted for 500-km green hydrogen pipeline linking Türkiye’s Aegean and Marmara regions

Türkiye aims to join top five global rare earth producers through international partnerships

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

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

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Karpowership draws rising interest as it powers eight African nations

World Bank to continue financing new energy projects in Türkiye

Türkiye’s YEKA tenders set to draw $3.3B in renewables investment

Global offshore wind capacity hits 83 GW, powering 73 million homes

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security

Turkmen natural gas set to reach Türkiye on March 1