Tag Archives: Anadolu Agency

Global oil demand is forecast to decline by 4.9% in 2020, compared to the previous year, Norway-based energy research center Rystad Energy said in a statement on Wednesday. Oil demand around the world is estimated to decrease by 4.9 million barrels per day (bpd) to reach 95 million bpd, from …

Turkey’s third drillship arrived in Tasucu, Mersin, a coastal city in the Mediterranean region of the country on Sunday, the country’s energy minister said. Fatih Donmez said that the Turkish Petroleum Corporation took the ship into its inventory on Jan. 31 and it set off from the U.K. “We named …

Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.

Libya’s largest functioning refinery in Zawiya is located around 49 kilometers (30 miles) from the capital. Tripoli.

The country has a nameplate capacity of 88 million tonnes.

The U.S. sanctions over the pipeline would affect bilateral relations between Moscow and Washington.

Aramco shares will begin to be trade publicly on Saudi stock exchange Tadawul next week.

Both Iran’s and Venezuela'.s production woes have contributed significantly to the cartel’s over compliance to the group’s production cut quota.

Eurasian demand is impacted by efficiency gains in the gas-fired power generation fleet.

UN Chief urged Friday an independent probe to investigate recent attacks on two oil tankers in the Gulf of Oman.