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Tuesday, September 13 2011 , Your time is 15:58:00
Genel Energy, the Iraqi Kurdistan-focused oil producer co-founded by former BP boss Tony Hayward, on April 24 named Stephen Whyte to succeed the retiring Hayward in June.
Turkey started its seismic energy exploration in eastern Mediterranean on April 21 in line with the government’s “National Energy and Mining Policy,” state-run Anadolu Agency has reported.
A Prime Ministry circular has called on all public institutions to cooperate and coordinate effectively to complete the Turkish Stream pipeline project in the envisaged period of time
Iran’s President Hassan Rouhani inaugurated five new phases of the South Pars gas field on april 16, the result of some $20 billion in investment, local media reported
TEL AVIV - Reuters
European and Israeli governments gave their support on April 3 to moving forward with a Mediterranean pipeline project to carry natural gas from Israel to Europe, setting a target date of 2025 for completion.
PARIS - Agence France-Presse
Supply and demand in the oil market are close to matching up, the IEA said on April 13, as landmark OPEC-led production cuts are mitigated by rising U.S. supply and slipping worldwide demand growth
DOHA - Agence France-Presse
Energy giant Qatar Petroleum is to launch a new project in the world’s biggest gas field, boosting its output by up to 10 percent, it said on April 3.
Turkey has launched a process to hold a tender for a 1,000-megawatt (MW) capacity wind power plant at the end of July.
Gazprom CEO Alexei Miller said in a statement on March 29 that the company aims to finish construction of the Turkish Stream gas pipeline by the end of 2019, Turkey’s state-run Anadolu Agency and Russia’s TASS have reported.
PARIS - Reuters
France’s oldest nuclear power reactor will stop electricity production by April 2020, once a new generation EPR reactor under construction in Flamanville is operational, according to a decree issued in the country’s official gazette on April 9.
CRANBERRY TOWNSHIP - Agence France-Presse
Toshiba’s loss-hit U.S. nuclear unit Westinghouse Electric Company has filed for bankruptcy protection, the companies said on March 29, as the troubled division wrestles with huge losses and accounting fraud claims.
Supply security, the prioritization of national resources and a predictable market will be the centerpieces of Turkey’s new national energy strategy, Energy Minister Berat Albayrak said at a press meeting on April 6.
LONDON - Reuters
Oil fell further towards $50 a barrel on March 27, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.