Latest news
Turkish Petroleum awards US cooperation for Mediterranean offshore drill
Turkish Petroleum signs contract with the U.S. based Rowan Companies for drilling two hydrocarbon wells in the Mediterranean Sea for an estimated period of 100-140 days, the U.S. company announced on Monday.
read more... 25/09/2018
Daily (21.09.2018): German spot electricity price plunged by 30% on Thursday, on forecasts for higher wind generation
Oil crude futures dropped on Thursday, as President Donald Trump urged Organization of the Petroleum Exporting Countries to reduce prices. Brent crude was 0.9% down at $78.70 a barrel. WTI crude lost 1.1% to 70.32 a barrel, despite a draw in inventories.
read more... 21/09/2018
Egypt signed $1 billion oil & gas exploration deal with Shell and Petronas
The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.
read more... 18/09/2018
Algeria's Sonatrach, Turkey's BOTAS renew gas deal
Algeria's national hydrocarbon company Sonatrach and Turkish Petroleum Pipeline Corporation (BOTAS) extended a natural gas supply agreement for another five years to supply gas to Turkey, Ahmed Mazighi, Sonatrach's vice chairman told Anadolu Agency on Tuesday.
read more... 11/09/2018
Equinor gets NPD approval to begin production at Aasta Hansteen gas field
Equinor and its partners have secured approval from the Norwegian Petroleum Directorate (NPD) for the start-up of the production facility at the Aasta Hansteen gas field.
read more... 04/09/2018