Top News

The recent powerful earthquake in Turkey may postpone the establishment of a gas hub in the country, but this project will be implemented nonetheless, the Kremlin said. “Of course, it [the gas hub project] cannot be a priority for Turkey right now. We treat it with understanding. Consequently, there may …

Asia will for the first time use half of the world’s electricity by 2025, even as Africa continues to consume far less than its share of the global population, according to a new forecast released Wednesday by the International Energy Agency, IEA. Much of Asia’s electricity use will be in …

TotalEnergies saw its net profit double in 2022 to a record $36.2 billion and announced an increase in dividends and share repurchases after the best annual results for the company and for Big Oil ever. The French supermajor reported on Wednesday $36.2 billion in adjusted net income for 2022, double …

Aluminum prices have stayed bearish in the short term. At the beginning of February, price action showed a short-term sideways trend, as no new lows or highs formed. This means prices need to break out of their current range to form a continuation trend or a downward reversal. Currently, however, …

Turkey’s energy infrastructure has suffered severe damage from the two earthquakes that shook Turkey and neighbor Syria yesterday, killing more than 3,000 people, according to the country’s government. The first 7.7-magnitude quake damaged a big port on the Mediterranean, Turkey’s Energy and Natural Resources Minister Fatih Donmez said, as quoted …

European natural gas slipped with the end of a short-lived cold spell in sight while healthy stockpiles are helping tackle any boost in demand. Benchmark futures fell as much as 2.3%, after two days of modest gains. The ongoing chilly weather in parts of western and central Europe, coupled with …

The price of Russia’s flagship Urals oil blend is no longer set by Europe but by Asia, which has become the largest market for the commodity, Rosneft’s chief executive Igor Sechin said at the India Energy Week. “If Russian oil does not enter the European market, then there is no …

India plans to secure long-term deals for the supply of liquefied natural gas in a bid to reduce the share of coal in its energy mix. The biggest gas importer on the subcontinent, Petronet, is looking to secure some 12 million tons of LNG annually in additional supply under long-term …

Turkey ordered the resumption of crude-oil flows to the Ceyhan export terminal on the Mediterranean coast, according to an official with direct knowledge of the matter. State pipeline operator Botas had halted flows to the facility as a precaution on Monday morning, after the first of two massive earthquakes shook …

The United Arab Emirates will host the upcoming International Conference on “Effective Nuclear and Radiation Regulatory Systems: Preparing for the Future in Rapidly Changing Environment,” taking place in Abu Dhabi from 13th to 16th February. The conference is organised by the International Atomic Energy Agency (IAEA) and hosted by the …