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Energy giants invest in major LNG project in Abu Dhabi

- ADNOC’s CEO welcomes deal with four international companies and says project "will be one of the world’s lowest carbon-intensive LNG facilities"

10.07.2024 Natural Gas

ADNOC Gas inks $500-700 million LNG agreement with JERA Global Markets

- 'This agreement marks a significant milestone in ADNOC Gas' long-standing strategic partnership with JERA Co., Inc.' says ADNOC's CEO

18.10.2023 Lng/Lpg

Oil giant ADNOC to invest in carbon capture

- Project will allow capture and storage of 1.5 million tonnes of carbon per year

06.09.2023 Middle East-Africa

Russian delegation to visit Tehran for cooperation in oil, gas, petrochemical sectors

- Russian delegation will also attend opening ceremony of Iran Oil Show 2023 to be held between May 17-20

26.04.2023 Natural Gas Oil International Relations Eurasia

Russian Lukoil receives approval for Iraqi Eridu oilfield development

-Company will cooperate with Japanese firm, Inpex, to produce 250,000 barrels per day

07.03.2023 Oil World Eurasia

Abu Dhabi National Oil Co. announces gas discovery offshore Abu Dhabi

- Initial results show discovery of between 1.5 and 2 trillion standard cubic feet (TSCF) of raw gas, company says

03.02.2022 Oil News from companies World Middle East-Africa

Shell sells shares in Deer Park refinery to Pemex for $596 million

- Deer Park Refining Limited Partnership was 50-50 joint venture between Shell and Pemex subsidiary P.M.I. Norteamerica

25.05.2021 Oil International Relations News from companies

Iran signs $1.78B deal with local firm to develop Farzad gas field

-Farzad was discovered in 2008 by consortium of three Indian companies, ONGC, Oil India Limited and Indian Oil Corporation

17.05.2021 Oil International Relations International Organization World Middle East-Africa

Iranian firms to hold 70% share in oil production plans

- Local production share in contracts to enhance Iran's oil output will be over 70% and rise to 80% on project completion

17.08.2020 Oil World Middle East-Africa

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

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'Foreigners enter Sidra oil field': Libyan oil company

- National oil company says El Sharara oil field was occupied by Russian security company Wagner's mercenaries 25 days ago

06.07.2020 Oil Refining/Petro Chemistry Energy Security Energy Projects

Kuwait, Saudi Arabia restart production at Khafji field

- Facility closed as part of output cut agreement to ensure price stability in crude oil market

03.07.2020 Oil Upstream Middle East-Africa

EU supports Libya’s efforts to resume oil production

- Delegation from European Union in Libya condemns presence of foreign mercenaries in oil fields, including Sharara oilfield

01.07.2020 Oil Europe Middle East-Africa

ADNOC inks record high gas pipeline investment deal

-With $10.1 billion to ADNOC, deal is single-largest energy infrastructure transaction in region and biggest in world in 2020

23.06.2020 Lng/Lpg Middle East-Africa

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

Azerbaijani oil company to expand operations in Ukraine

- Azebaijani, Ukrainian presidents discuss joint capital investment projects, improvement of bilateral relations

18.12.2019 Energy Diplomacy General

SOCAR, Petrofac secure management services deal with BP

- Three-year contract will support both onshore and offshore activity for BP-operated projects in Caspian Sea

17.12.2019 Natural Gas Eurasia General

Big oil, gas find in UAE boosts ranking to 6th in world

- Reserves include 7 billion barrels of oil, 1.64 trillion cubic meters of gas, lifting UAE up from 7th position globally

05.11.2019 Natural Gas Oil Middle East-Africa General

US, Bahrain discuss security issues amid Iran tensions

- US defense chief, Bahrain crown prince discuss 'maritime security threats and Iranian malign influence in the region'

18.09.2019 Energy Security International Relations International Organization Americas Middle East-Africa

South Africa moves to revive nuclear power projects, ramp up research

UK's first small modular nuclear reactors to be built in Wales, prime minister confirms

Rosatom and Brazil exploring cooperation on rare earth elements

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

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

Climate change protestors block world’s largest coal export port in Australia

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

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 Saturday, Nov. 29

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

LNG supply surplus in 2026 to pressure global gas prices, experts say

Türkiye's LPG production up 27.2% in September

EU imports of liquefied natural gas from Russia reach record levels amid overall gas decline

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

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

Türkiye's energy import bill down 3.4% in October

Türkiye and World Bank agree on $6B energy financing package

Türkiye, Canada's AtkinsRealis launch technical studies on future nuclear projects

ADNOC signs 15-year LNG supply deal with Shell for Ruwais project

Most countries fall short on updated climate plans: UN report

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