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Turkish authorities are preparing to drill 100 wells on land in 2023 in order to explore oil and natural gas deposits, as well as carry out certain work in the sea, reports TASS. It is assumed that the geological exploration work will be accelerated inside the country and abroad due …

Iran’s non-oil exports have registered a 25 percent increase in the Iranian calendar month to October 22 in comparison to figures from a month earlier, according to the spokesman of the Ministry of Industry, Mine and Trade. Writing on his official Twitter account, Omid Qalibaf also put Iran’s imports during …

After a contract with American Westinghouse company to build the country’s first nuclear plant was announced by Prime Minister Mateusz Morawiecki, the Left opposition warned that the investment could face problems due to non-compliance with EU rules. The Warsaw government chose Westinghouse for the nuclear project, Morawiecki tweeted on Friday, …

Qatar plans to use its massive liquefied natural gas expansion to transform the nation into the world’s top trader of the super-chilled fuel. “I think we will be one of the largest, if not the largest, LNG trader in the world,” Saad Al Kaabi, the nation’s energy minister and chief …

China is building a vast array of new coal-fired power stations, potentially more than the operating capacity of the US, even though it knows the plants will probably never be fully used. The puzzle of why the world’s leading installer of clean energy is investing so much in the worst …

The 2022 OPEC World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in Abu Dhabi Today (Monday, 31 October 2022). OPEC’s Secretary General, Haitham Al Ghais, along with OPEC experts, will present the major findings of the WOO 2022, as well …

Russian President Vladimir Putin says the world faces the most dangerous decade since World War II and predicted that the historical period of the West’s “undivided dominance over world affairs” is coming to an end. Speaking on October 27 at a conference of international policy experts in Moscow, Putin said …

State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies and ENI on this matter, CEO Saad al-Kaabi confirmed on Sunday. Two sources told Reuters last week that TotalEnergies and the Lebanese government have reached …

If Finland were to cancel its planned rotating blackouts in winter, it could lead to a large-scale national disruption, the country’s electricity grid operator has warned, according to Bloomberg. If the outages do not continue, the resulting uncontrolled blackouts would mean “people could die,” Arto Pahkin, a network manager at …

The 16th Iran-Russia Joint Economic Commission will be hosted by Russia from October 30 to November 1. Iranian Oil Minister Javad Owji is the head of the Iranian delegation of this joint commission and Alexander Novak, the deputy prime minister of Russia, is also the head of the Iran-Russia joint …