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Global Oil Supply Up in August 2019

Global Oil Supply Up in August 2019

Τετ, 11 Σεπτεμβρίου 2019 - 19:01

Global oil supply increased in August by 0.83 million barrels per day (mb/d) month on month (m-o-m) to average 99.24 mb/d, the Organization of Petroleum Exporting Countries (OPEC) reported on Wednesday

EU Top Court Overrules Gazproms Access to Opal P/Line

EU Top Court Overrules Gazprom's Access to Opal P/Line

Τρι, 10 Σεπτεμβρίου 2019 - 15:38

The European Court of Justice overruled a European Commission decision that approved Russia’s Gazprom gaining more capacity on the Opal gas pipeline through Germany, the Polish Energy Ministry announced on Tuesday

Saudi Aramco Chairman Appointment Aims to Speed Up IPO

Saudi Aramco Chairman Appointment Aims to Speed Up IPO

Δευ, 9 Σεπτεμβρίου 2019 - 19:08

The appointment of the head of Saudi Arabia's sovereign wealth fund as the Saudi Aramco chairman replacing Energy Minister Khalid Al-Falih, signals Riyad's desire to speed up the company's Initial Public Offering (IPO), according to Bassel Al Khatib, an economy expert and founder of Beirut-based Business Echoes

Turkish Powership to Produce 1st LNG Power in Africa

Turkish Powership to Produce 1st LNG Power in Africa

Δευ, 9 Σεπτεμβρίου 2019 - 19:05

Turkey's Karpowership company, the designer and builder of the world's first floating power plants, is preparing to meet Senegal's 15% electricity needs from liquefied natural gas (LNG) with 235 megawatts Aysegul Sultan powership, which started its voyage from Turkey to Senegal on Sunday, the company's chief commercial officer recently announced

Novatek Secures $21.3 Bln. Investment for Arctic LNG 2

Novatek Secures $21.3 Bln. Investment for Arctic LNG 2

Παρ, 6 Σεπτεμβρίου 2019 - 19:42

A final investment decision for the $21.3 billion Arctic liquefied natural gas (LNG) 2 project has been approved, Novatek, Russia's largest independent natural gas producer announced Thursday

Proposed Iraq-Turkey P/Line to Offer Greater Oil Trade

Proposed Iraq-Turkey P/Line to Offer Greater Oil Trade

Παρ, 6 Σεπτεμβρίου 2019 - 19:40

The construction of a new pipeline running parallel to the existing Iraq-Turkey crude oil pipeline is expected to pave the way for greater oil trade through Turkey's southeastern port of Ceyhan in the Mediterranean Sea

HSE Names New Top Managers At Thermal Power Plant TEŠ, Coal Mine Velenje

HSE Names New Top Managers At Thermal Power Plant TEŠ, Coal Mine Velenje

Πεμ, 5 Σεπτεμβρίου 2019 - 16:32

Slovenia’s state power utility Holding Slovenske Elektrarne (HSE) has appointed new top managers at two of its subsidiaries – Termoelektrarna Šoštanj, which operates the Šoštanj thermal power plant (TEŠ), and Premogovnik Velenje, the operator of the Velenje coal mine, according to two separate press releases on the company’s website

Jordan Receives First Iraqi Oil for 5 Years

Jordan Receives First Iraqi Oil for 5 Years

Πεμ, 5 Σεπτεμβρίου 2019 - 16:26

Jordan said it received its first shipment Wednesday of Iraqi oil, interrupted for five years by Daesh's control of swathes of Iraq between 2014 and 2017

Croatia Says Four Companies to Invest 78 Mln Euro in Oil-Gas Exploration

Croatia Says Four Companies to Invest 78 Mln Euro in Oil-Gas Exploration

Τετ, 4 Σεπτεμβρίου 2019 - 17:55

The four companies, which have just received six oil and gas exploration and exploitation licences for locations in northern Croatia, are expected to invest some 78 million euro ($85.3 million) in exploratory activities, energy minister Tomislav Coric said

Gas Vehicles Are Cheaper, Cleaner, Better: Gazprom

Gas Vehicles Are Cheaper, Cleaner, Better: Gazprom

Τετ, 4 Σεπτεμβρίου 2019 - 17:51

The use of natural gas in vehicles reigns supreme over conventional fuel sources in terms of cost, according to Denis Kornienko, deputy CEO of Gazprom Gas-Engine Fuel on Wednesday

Saudi Wealth Fund Governor Appointed Aramco Chair

Saudi Wealth Fund Governor Appointed Aramco Chair

Τρι, 3 Σεπτεμβρίου 2019 - 17:32

The governor of Saudi Arabia’s Public Investment Fund, Yasir Othman Al-Rumayyan, was appointed chairman of Saudi Aramco at a time when the world’s biggest oil company gears up for its public share listing on the stock market, the former chairman, Khalid Al-Falih, announced on his Twitter account late Monday

Turkey Hits LNG Import Record in 1H19, US LNG Soars

Turkey Hits LNG Import Record in 1H19, US LNG Soars

Τρι, 3 Σεπτεμβρίου 2019 - 17:31

Turkey's liquefied natural gas (LNG) imports reached a historic record high at 7.14 billion cubic meters (bcm) in the first half of 2019, according to Turkey's Energy Market Regulatory Authority's (EMRA) data

Slovenias Petrol H1 Cons Net Profit Rises 4%

Slovenia's Petrol H1 Cons Net Profit Rises 4%

Δευ, 2 Σεπτεμβρίου 2019 - 20:19

Slovenian energy group Petrol [LJE:PETG] said on Friday its consolidated net profit rose 4% on the year to 40.7 million euro ($45.1 million) in the first half of 2019

Zohr Gas Fields Total Investments Reach $10.6 Billion

Zohr Gas Field's Total Investments Reach $10.6 Billion

Παρ, 30 Αυγούστου 2019 - 12:59

More money has been pumped into Egypt's offshore giant Zohr gas field with investments totaling $10.6 billion after its production level reached 2.7 billion cubic feet per day, Egypt-based oil and gas information provider, Egypt Oil & Gas reported on Wednesday