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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

ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

- MoU will see ExxonMobil conduct detailed technical study of four offshore blocks located near northwest coast and Sirte Basin

05.08.2025 Natural Gas Oil Energy Diplomacy International Relations Energy Projects

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

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

- Oil majors' net revenues drop to $182.1 billion in first nine months of the year, down from approx. $214.5 billion in 2023

11.12.2024 Refining/Petro Chemistry

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

Türkiye's BOTAS, TotalEnergies sign 10-year LNG deal

- Agreement includes annual delivery of approximately 1.6 bcm of LNG to Türkiye across 16 cargoes for 10 years, starting in 2027

18.09.2024 Energy Diplomacy

ExxonMobil delivers second highest Q2 earnings of past decade

- Company's income increases almost 12.2% during the second quarter of 2024

03.08.2024 Oil

Marathon Oil shares jump 11% with $22.5 billion merger deal

- Mergers in US oil, natural gas industry heat up with Chevron-Hess, ExxonMobil-Pioneer deals

30.05.2024 Oil Finance

Türkiye’s BOTAS inks LNG trade deal with ExxonMobil in US

Deal diversifies Türkiye’s energy resources, says Turkish energy minister

09.05.2024 Natural Gas

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ExxonMobil's income falls almost 3.2% in 1Q24

- Company’s revenue for January–March period reaches around $83 billion, compared to $86.6 billion for same quarter of 2023

26.04.2024 Oil

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

- By 2050, Asia-Pacific region will account for largest share of upstream investment at $2.1 trillion

22.03.2024 Upstream

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

- The company’s first lithium production is targeted for 2027

14.11.2023 Finance Electricity

ExxonMobil says carbon emissions from energy will fall by 25% by 2050

- Lower-emission options, including renewable energy, biofuels, carbon capture and storage, hydrogen and nuclear will play important roles

29.08.2023 News from companies World

ExxonMobil, Nucor Corporation ink carbon capture deal

- Company expects to capture, transport and store up to 800,000 metric tons of carbon dioxide per year

02.06.2023 Renewable Americas

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

Kazakhstan starts arbitration proceedings against oil majors over revenues

- Lawsuits have been filed in interest of people of Kazakhstan, says country’s energy minister

11.04.2023 Oil International Relations Middle East-Africa

TotalEnergies acquires Spanish CEPSA's upstream assets in Abu Dhabi

- Acquisitions in line with TotalEnergies' strategy to focus on low-cost, low emission assets

02.03.2023 Oil Projects International Relations Europe Middle East-Africa

ExxonMobil expects sizable investment on emission reductions by 2027

- Company says it will double earnings and cash flow potential by 2027 versus 2019

08.12.2022 Oil World Americas

ExxonMobil announces two hydrocarbon discoveries offshore Guyana

- Company expects Guyana's oil production capacity to be more than one million barrels a day by end of decade

26.10.2022 News from companies World

UN nuclear watchdog confirms normal radiation levels near Kursk power plant

South Korea, US to discuss revising nuclear energy pact: Report

Iran to begin new round of talks with UN nuclear watchdog in upcoming days

South Korea set to restart Shin-Hanul 2 nuclear reactor

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

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

Global carbon emission storage facilities double in 5 years

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 16.8% in June

Algerian LNG vessel to arrive in Türkiye on September 1

US approves additional LNG exports to non-FTA countries

More LNG supply is expected in 2026 supporting rising gas demand: IEA

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 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

Oil prices rise in week ending Aug.30 amid falling US inventories

Construction begins on UK's fourth largest wind farm in Scotland

Türkiye's renewable energy peaks in June

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

Türkiye's installed wind power capacity soars 177% in decade

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

Türkiye's renewable energy peaks in June

Turkish firm to invest $520 million in high-efficiency solar equipment production

Candidate region selected for Türkiye's first YEKA floating solar power plant

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

Global renewables capacity more than doubles in a decade as hydropower remains top source

Google and Brookfield sign $3B US hydropower deal to support clean energy goals

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

Oil rises on Fed rate cut hopes, caution ahead of US-Russia summit

Türkiye's daily power consumption down 0.3% on August 13

India's oil import bill set to soar as US tariffs pressure Russian crude purchases

bp Q2 profit falls to $2.35B, beating forecast

Türkiye-UK trade deal could set global example: British envoy

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

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

Global energy transition requires $21.4T investment in power grids by 2050

Global renewable energy capacity surges 377% over past decade

Chinese JTPV, Turkish Schmid Pekintas to build 5 GW solar cell factory in Türkiye

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