home
>
related news
Brent price hit 8-month high on encouraging vaccine news
- As third drug company announces effective COVID-19 vaccine, AstraZeneca says its vaccine has 70% efficacy
C02 hits record levels in 2019: Global weather body
- Carbon dioxide rose by nearly 50% since pre-industrial times, says World Meteorological Organization
Oil, gas discoveries resilient in 2020 despite pandemic
- In discovery volumes, Russia’s Gazprom leads with total discovery of 1.51 billion barrels of oil equiv.: Rystad Energy
G20 backtracks on fossil fuel funding phase-out
- G20 governments' fossil fuels support is likely to trend upwards via COVID-19 recovery programs this year, new study finds
US Fed keeps interest rate unchanged
- Central bank says economic activity, employment remain well below pre-pandemic levels
Equinor sees 70% profit drop in 3rd quarter
- Weak prices due to pandemic impact financial results, company says
29.10.2020
Oil
Libya permanent truce deal seems not reliable: Erdogan
- Libya cease-fire 'not at highest level', time will show how long it will persist at lower level, says Turkish president
Turkey to continue energy search in Black Sea: Erdogan
- Fatih drill ship to start new operation at new possible natural gas well, says Turkish president
OPEC+ reiterates full commitment to output cut deal
- OPEC+ countries compensate 249,000 barrels per day in total to make up for previously overproduced volumes, committee says
home
>
related news
Recovery of global oil demand to take at least 3 years
- Global oil demand is estimated to return to pre-crisis levels by 2023, according to IEA's report
15.10.2020
Oil
Global oil production decreases in September 2020
- Oil demand worldwide is estimated to increase by 7.25% to average 96.84 million barrels per day in 2021Brussels briefing, Sept. 28
28.09.2020
Reports
Chinese firms worried about stocks on US markets
- US Senate bill wants 'to kick deceitful Chinese companies off US exchanges', but those firms have other markets to go
New US relief bill talks to restart: Treasury chief
- Fed chair warns lack of congressional support would risk economic recovery
US needs $900B annually to restore pre-COVID debt: CBO
- Return to pre-pandemic debt levels to require revenue increases, spending cuts totaling $900 billion per year for 25 years
Turkey: Transport sector an economic driver amid virus
- Highway investments alone contributed more than $2.4B to Turkey's GDP this March to August, says transport ministerBrussels briefing, Sept. 21
21.09.2020
Reports
Global oil production increases in August 2020
- Global oil demand is estimated to increase by 6.62 million barrels a day in 2021
COVID-19 to have lasting effect on global energy use
- COVID-19 will reduce global energy demand by 8% this year, according to newly released DNV GL report
home
>
related news
Coal use must be progressively phased out: UN chief
- 'Virus, climate crisis raise fundamental questions about how to ensure health, well-being of people, planet,' says Guterres
29.08.2020
Coal
US weekly jobless claims top 1M
- After recording lowest figure in early August since pandemic began, tally again rises above 1M mark
28.08.2020
Americas
London briefing, Aug 24
24.08.2020
Reports
Oil prices up after US agrees COVID-19 plasma treatment
- Storms in Caribbean, Gulf of Mexico also uphold prices due to oil production halt from offshore platforms
OPEC+ calls for vigilance to support fragile oil market
-OPEC producers, and allies, such as Russia, reiterate importance of full conformity with output targets for market stability
Oil prices down as US stocks fall less than expected
- During Joint Ministerial Monitoring Committee meeting, OPEC warns against demand risks due to rising coronavirus cases
Russian energy minister tests positive for COVID-19
- Novak has no coronavirus symptoms, continues to perform his duties remotely
Turkish, Russian presidents discuss Libya, Eastern Med.
- Over phone, Erdogan, Putin also agree to maintain contact between Turkey, Russia on Syria via military, diplomatic channels
Iran commends OPEC's performance for oil market balance
- Iranian oil minister says when supply-demand gap decreases after global economy recovery, oil prices will see more positive impact