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Turkeys Electricity Tariff Customers Fall in August

Turkey's Electricity Tariff Customers Fall in August

The number of electricity consumers who are able to exercise their right to buy electricity from their preferred provider decreased by 3.44 percent in August compared to the previous month, according to the latest Energy Exchange Istanbul (EXIST) data revealed on Monday

80 Percent of TurkStream Project Complete: Gazprom

80 Percent of TurkStream Project Complete: Gazprom

Gazprom laid down 1,500 kilometers of TurkStream gas pipeline across the two lines, corresponding to about 80 percent of the total length of the pipeline, Gazprom CEO Alexei Miller said Thursday.

OPEC’s JMMC Reports 109 pct Conformity Level in July

OPEC’s JMMC Reports 109 pct Conformity Level in July

OPEC and non-OPEC producing countries participating in the "Declaration of Cooperation" achieved a conformity level of 109 percent in July, showing "significant progress" towards the goal set at the 4th OPEC and non-OPEC ministerial meeting on June 23, according to a press release issued by OPEC’s Joint Ministerial Monitoring Committee (JMMC) on Thursday.

US Crude Oil Production Falls Fifth Time in 33 Weeks

US Crude Oil Production Falls Fifth Time in 33 Weeks

Crude oil production in the U.S. last week fell for the fifth time in the past 33 weeks, according to data released by the Energy Information Administration (EIA) on Wednesday.

Wintershall Calls for Europes Unity for Gas Security

Wintershall Calls for Europe's Unity for Gas Security

Europe is well advised to invest in collaborating with reliable and proven supply countries to secure future energy supplies and to meet its climate goals, according to Mario Mehren, CEO of Wintershall late on Tuesday.

South China Sea ‘Major’ Trade Route for Crude Oil

South China Sea ‘Major’ Trade Route for Crude Oil

More than 30 percent of global maritime crude oil trade, or about 15 million barrels per day (b/d), passed through the South China Sea in 2016, the U.S. Energy Information Administration (EIA) said Monday.

SOCAR, Uniper to Partner in Energy Efficiency Projects

SOCAR, Uniper to Partner in Energy Efficiency Projects

Azerbaijan's state oil company SOCAR and German energy company Uniper will collaborate on projects aimed at improving the energy efficiency of oil and gas production in Azerbaijan, SOCAR announced on Saturday.

Iran, Russia in Talks for New Nuclear Power Plant

Iran, Russia in Talks for New Nuclear Power Plant

Iran and Russia started negotiations for constructing a new nuclear power plant in Iran with a power capacity of 3,000 megawatts (MW), according to the local media outlets on Saturday.

Energy Transition Helps Boost Total Clean Capacity

Energy Transition Helps Boost Total Clean Capacity

Global-wide energy transition policies, supported by technological developments, have helped expand renewable energy power capacity in recent years, the International Renewable Energy Agency (IRENA) said in a recent report.

Offshore Projects ‘Could Boost Egypt’s Gas Production

Offshore Projects ‘Could' Boost Egypt’s Gas Production

Production from a number of natural gas development projects offshore Egypt’s northern coast could help boost declining domestic output, according to the U.S. Energy Information Administration’s recently updated country analysis brief on Egypt

UK to Help Modify Iran’s Arak Heavy-Water Nuke Reactor

UK to Help Modify Iran’s Arak Heavy-Water Nuke Reactor

The U.K. will help Iran modify its Arak nuclear reactor after the U.S. withdrew from a 2015 nuclear deal between Tehran and world powers earlier this year, Iranian officials announced Wednesday

Iran Resumes Electricity Supply to Neighbors

Iran Resumes Electricity Supply to Neighbors

The Iran Power Generation Transmission and Distribution Management Company (Tavanir) resumed electricity supplies to neighboring countries, according to Iranian officials on Tuesday