Turkey is seeking to maximise the Iraq-Turkey oil pipeline’s capacity as operations resume through Ceyhan, according to Turkish Energy Minister Alparslan Bayraktar. Bayraktar emphasised Turkey’s readiness to resume operations, despite a lack of confirmation on flow resumption, according to a report by Reporter. Turkey halted the operation of the pipeline …
Read More »Can Germany Revive Its Industry without Cheap Energy?
The new German government that will be formed following this weekend’s elections will face an uphill battle to lift Europe’s largest economy out of two consecutive years of recession. Bringing energy costs down will be key to Germany’s economic recovery after three years of spiking and highly volatile power and …
Read More »Japan Aims for 20 Percent Nuclear Power by 2040
Around 14 years after the Fukushima disaster, Japan is preparing to increase its nuclear power capacity once again, to a mainly negative public reaction. Japan’s government has developed a revision of the country’s basic energy plan, removing the statement that said it planned to decrease its dependence on nuclear power. …
Read More »France and Spain Lead Europe’s Onshore Wind Potential
Europe has been steadily ramping up its wind energy capacity in a bid to support a green transition and reduce its reliance on fossil fuels. In the last quarter of 2023, the region succeeded in producing more power from wind than coal for the first time, and it has since …
Read More »India’s Iraqi Oil Imports Rise in February, Russian Shipments Decline
India’s crude oil imports from Iraq increased in February 2025, according to data from analytics firm Kpler. India’s oil imports from Iraq increased 8.3% this month compared to January, surpassing 1.1 million barrels per day (bpd), the data showed. Conversely, imports from Russia reportedly fell by 14.9% to an average …
Read More »Restart of Kurdistan Oil Exports still in Limbo
Despite assurances from the federal Iraqi government that the resumption of oil exports from Kurdistan is imminent, the foreign oil firms operating in the semi-autonomous Iraqi region said on Friday they would not be resuming oil exports today. Last week, Iraq’s Oil Minister Hayyan Abdul Ghani said that Iraq and …
Read More »Petrobras Gears up for Offshore Boom
Petrobras is beefing up its offshore game, throwing four more support vessels into the mix by 2026—bringing the grand total to 48. Brazil’s state-run oil company is gearing up to boost production to 2 million barrels per day (bpd) at the Buzios field by 2030, cementing Brazil’s status as an …
Read More »Iranian Oil Supply to China in Set to Rebound in March 2025
China’s imports of Iranian oil is set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under US embargo, trade sources and analysts said. The rebound of sanctioned oil shipments to China, the world’s top importer, is easing supply worries that had boosted …
Read More »IRICA: Iran’s Foreign Trade Hits $117 Billion in 11 Months
The Islamic Republic of Iran Customs Administration (IRICA) has said that the country’s non-oil foreign trade in the first 11 months of the current Iranian calendar year (started March 21, 2024) hit $117 billion. Foroud Askari, who is also the deputy minister of economy, stated that the country’s non-oil foreign …
Read More »India’s Crude Oil Imports from Russia at Two-Year Low
The U.S. sanctions on Russia’s oil trade have led to a slump in Indian imports of Russian crude, which have plunged to a two-year low in February, per data from analytics firm Kpler cited by Bloomberg. Since the Russian invasion of Ukraine and the bans on Russian oil in the …
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