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Tuesday, September 13 2011 , Your time is 15:58:00
Russia’s energy minister said on Sept. 22 that he was in favour of continuing cooperation with the OPEC oil cartel as their joint accord to cap output bears fruit in boosting the price of crude.
ISTANBUL - Anadolu Agency
Turkey will increase its annual natural gas storage capacity to 11 billion cubic meters (bcm) by 2023, Energy and Natural Resources Minister Berat Albayrak said on July 10 in Istanbul.
Russia’s largest natural gas producer, Gazprom, estimates the cost of building two lines of the Turkish Stream gas pipeline to be $6 billion, Gazprom Deputy Chief Executive Andrei Kruglov was quoted as saying by Reuters on June 22.
ISTANBUL - The Associated Press
U.S. Secretary of State Rex Tillerson has accepted an award at the World Petroleum Congress, hosted by Turkey this year.
Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 billion in Iran, an Iranian oil official said on July 4.
The 22nd World Petroleum Congress (WPC), the largest meeting of the oil and gas industry, opened in Istanbul on July 9
Russia’s state-owned nuclear energy conglomerate Rosatom agreed to sell a 49 percent stake in a giant nuclear project in southern Turkey to Turkish investors
President Recep Tayyip Erdoğan said on July 8 that Turkey would not ratify the Paris climate accord, speaking at the end of the G-20 summit in Germany
LONDON - Reuters
Total will go ahead with development of a giant Iranian gas field this summer, its CEO told Reuters, in the first major western energy investment in the country since Tehran signed an international nuclear deal.
Russia will start supplying gas to China through a new pipeline by the end of 2019, state gas giant Gazprom said on July 4, as part of a mammoth $400-billion deal.
Russia’s Rosatom plans to sell a 49 percent stake in the Akkuyu nuclear power plant project to Turkish conglomerate Cengiz-Kolin-Kalyon and will sign a preliminary deal on June 19, the head of Rusatom Energy International said
Energy-rich Qatar said on July 4 it plans to increase natural gas production by 30 percent over the next several years, as it faces pressure from its neighbors in a diplomatic crisis.
DUBAI - Reuters
Iran expects to sign a long-delayed gas deal with French oil major Total in the next few weeks, Iranian Oil Minister Bijan Zanganeh was quoted as saying on June 17.