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Tuesday, September 13 2011 , Your time is 15:58:00
OPEC leader Saudi Arabia said on July 24 the group would quickly address weak compliance with output cuts by some OPEC states and would monitor rising production from Nigeria and Libya, which have been exempted from the curbs.
ANKARA - Anadolu Agency
Turkey’s Zorlu Energy has signed a memorandum of understanding (MoU) with Palestine’s electricity distribution company JDECO for the construction and operation of solar power plants to provide electricity to Palestine, the company announced on July 19.
ISTANBUL - Anadolu Agency
Iran is seeking to extend engagement with Turkish companies especially in upstream and downstream projects, a top Iranian energy official said on July 12.
Turkey is a step closer to building two solar power plants in Pakistan after receiving the necessary pre-licenses, Turkey’s Zorlu Energy Electricity Generation Company announced on July 18.
Novatek’s Yamal liquefied natural gas (LNG) project will increase Russia’s global natural gas exports by around 10 percent, Russian Deputy Energy Minister Anton Inyutsyn said on July 12.
Global oil demand will continue to escalate despite slow growth resulting from the introduction of electric cars, according to the head of the International Energy Agency (IEA) on July 12
The Gulf crisis between Qatar and some Arab states led by Saudi Arabia would not affect the Organization of Petroleum Exporting Countries’ (OPEC) oil cap agreement, Russian Energy Minister Alexander Novak said on July 10.
The “West Capella” drilling vessel contracted by France’s Total and Italy’s ENI moved into position to start exploring for gas off Greek Cyprus on July 12, the island’s energy ministry said
Oil and gas will remain central to the world’s supply of energy for decades to come, the chief executive of giant producer Saudi Aramco said on July 10, urging market players to ensure energy security by bolstering faltering investment.
There is a great opportunity for unconventional energy reserves in Turkey’s southeast and northwest, Jim McFarland, president and CEO of Canada’s Valeura Energy, stated at the 22nd World Energy Congress in Istanbul on July 12
Turkey wants to start construction of its planned second nuclear plant in the Black Sea province of Sinop as soon as possible and has already started working on a planned third nuclear plant, President Recep Tayyip Erdoğan said on July 10.
ISTANBUL - Agence France-Presse
Energy Minister Berat Albayrak is set to visit Israel by the end of this year to conclude an agreement for the building of a natural gas pipeline from the Jewish state to Turkey, the Israeli energy minister said on July 12.
Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energy and power grids as the fall in crude prices led to deep cuts, the International Energy Agency (IEA) said on July 11.