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Tuesday, September 13 2011 , Your time is 15:58:00
Oil fell further towards $50 a barrel on March 27, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.
Turkey may become an energy exporter in a decade’s time, Turkish Energy Minister Berat Albayrak has said.
Russian President Vladimir Putin approved on Feb. 7 a bill on an agreement between Russian and Turkish governments on the construction of the Turkish Stream natural gas pipeline, TASS News Agency has reported
BAKU – Anadolu Agency
Azerbaijan aims to finalize the Southern Gas Corridor by 2020, Azerbaijani President İlham Aliyev has said
DUBAI - Reuters
Iran has imposed no restrictions on U.S. oil firms willing to participate in energy projects in the country but American sanctions make such cooperation impossible, Iran’s deputy oil minister said on Feb. 6.
Tüpraş said it reached full capacity production and record sales volume with residuum upgrade capacity contribution in 2016 on late Feb. 13.
Russia’s Federation Council, the upper house of parliament, approved a bill on an agreement between Russian and Turkish governments on the construction of the Turkish Stream natural gas pipeline on Feb. 1, TASS News Agency has reported.
Turkey’s Tuz Lake gas storage facility, which is expected to increase capacity from 1.2 billion cubic meters (bcm) to as much as 5 bcm per year, was opened in an official ceremony on Feb. 10 in the Central Anatolian province of Aksaray.
Çalık Enerji, a Çalık Holding-Mitsubishi Corporation partnership, said Feb. 6 it increased its bond issuance amount initially set at 100 million Turkish Liras to 150 million liras due to strong demand.
PARIS - Agence France-Presse
OPEC countries are largely complying with a landmark deal to reduce the global oil glut, the IEA said on Feb. 10, as it predicted that oil demand was likely to be more vigorous than anticipated this year.
ANKARA - Anadolu Agency
The Trans Adriatic Pipeline (TAP), which aims to pump Azeri gas to Europe by 2020, will cost 4.5 billion euros in total, the project chief has stated.
GE and Gama Energy have signed an agreement to operate the first digital power plant in Turkey, they said in a statement on Feb. 8
Anglo-Dutch energy giant Royal Dutch Shell has agreed to sell a chunk of its North Sea assets to oil explorer Chrysaor for up to $3.8 billion (3.6 billion euros), it said on Jan. 31.