English Edition

Recovery of Global Oil Demand to Take At Least 3 Years

Πεμ, 15 Οκτωβρίου 2020 - 19:32

The world's oil demand is forecast to recover to pre-crisis levels by around 2023, according to International Energy Agency's (IEA) World Energy Outlook (WEO) 2020 report released this week

Turkey, Kazakhstan Ink Deal on Space Sector Cooperation

Πεμ, 15 Οκτωβρίου 2020 - 19:29

The Turkish Space Agency (TUA) signed a memorandum of understanding Wednesday with Kazakhstan's national space agency Kazcosmos on bilateral cooperation in the space sector

Israel, Lebanon to Hold 1st Round of Demarcation Talks

Τετ, 14 Οκτωβρίου 2020 - 14:40

Lebanon's president announced Tuesday that the first round of negotiations with Israel on border demarcation, to be held on Wednesday at the UN headquarters in the southern Naqoura city, will be "technical" and specific to maritime borders, according to a written statement by the presidency

Sept. Global Oil Supply Down As UAE Reduces Output: IEA

Τετ, 14 Οκτωβρίου 2020 - 14:39

Global oil supply declined by 600 thousand barrels per day (b/d) in September after the UAE reduced production and field maintenance cut output in the North Sea and Brazil, which more than offset a US rebound from August’s hurricane shut-ins, according to the International Energy Agency's (IEA) monthly oil report on Wednesday

European CEO Alliance Emphasizes Cross-Industry Collaboration to Fight Climate Change

Τετ, 14 Οκτωβρίου 2020 - 10:05

Francesco Starace, CEO of Enel and CEOs from 11 other European companies joined forces for a zero-carbon future and a more resilient Europe. The European Union is committed to net zero emissions by 2050, which is in line with the CEO Alliance companies’ own decarbonization strategies.

Francesco Starace Named New SEforALL Chair

Τετ, 14 Οκτωβρίου 2020 - 10:01

Sustainable Energy for All (SEforALL) today announced that Francesco Starace, Chief Executive Officer and General Manager of Enel S.p.A., has been appointed Chair of the SEforALL Administrative Board.

Bulgaria's Lukoil Neftochim Refinery in Technology Licensing Deal With U.S.-Based Lummus Technologies

Δευ, 12 Οκτωβρίου 2020 - 17:05

Bulgarian oil refiner Lukoil Neftochim Burgas, part of Russia's Lukoil, awarded a technology licensing contract for a new petrochemical facility to US process technologies developer Lummus Technologies, the Texas-based company said

World's Largest LNG-Powered Container Ship Calls at Singapore as Maritime Industry Tackles Climate Change

Δευ, 12 Οκτωβρίου 2020 - 17:01

Oil Prices Down on Conclusive Signs in Strike in Norway

Παρ, 9 Οκτωβρίου 2020 - 18:44

Crude oil prices saw limited decreases on Friday with positive signs of an agreement in the ongoing strike in Norway and the return of Libyan oil to the market

Lukoil, KazMunayGas Agree Al-Farabi Project in Caspian

Παρ, 9 Οκτωβρίου 2020 - 18:41

Russian oil and gas company Lukoil and Kazakhstan's state-owned energy company KazMunayGas (KMG) signed an agreement on future obligations in the Al-Farabi project in the Kazakh sector of the Caspian Sea, the Russian company announced on Thursday

Turkey to Expand LNG Storage Capacity With 3rd FSRU

Πεμ, 8 Οκτωβρίου 2020 - 19:38

Turkey plans to expand its LNG storage capacity by adding a third Floating Storage Regasification Unit (FSRU) in Saros Bay, north of the Gallipoli Peninsula in northwestern Turkey by 2021, Turkey's Deputy Energy and Natural Resources Minister Alparslan Bayraktar announced on Thursday

World Energy Demand to Rise 0.9% Per Year to 2045: OPEC

Πεμ, 8 Οκτωβρίου 2020 - 19:35

Global primary energy demand will see an average growth rate of 0.9% per year, increasing from 289 million barrels of oil equivalent per day (mboe/d) in 2019 to 361 mboe/d in 2045, according to the Organization of the Petroleum Exporting Countries' (OPEC) World Oil Outlook 2045 published on Thursday