OPEC: JMMC Reports Record Conformity Level in April

OPEC: JMMC Reports Record Conformity Level in April

The 24 OPEC and non-OPEC producing countries participating in the voluntary production adjustments continue to maintain outstanding levels of conformity to the terms of the historic ‘Declaration of Cooperation’ of December 2016, according to the Joint Ministerial Monitoring Committee (JMMC)

Rosneft, Kurdish Reg. Gov. Ink Deal for Gas Development

Rosneft, Kurdish Reg. Gov. Ink Deal for Gas Development

Russia's Rosneft and the Kurdish Regional Government (KRG) signed a gas development agreement for the KRG region on Friday during the 22nd St. Petersburg International Economic Forum

Russia's Rosneft Announces Oil Field Discovery in Iraq

Russia's Rosneft Announces Oil Field Discovery in Iraq

Bashneft International, a subsidiary of Rosneft, made a new discovery in an oil field in southwestern Iraq, Russian state-owned oil company Rosneft announced Wednesday. According to the company’s statement, the oil field named Salman was discovered as a result of drilling a first exploratory well in Block 12, an area of 7,680 square kilometers  

Serbia STARTS to Embrace Clean Energy

Serbia STARTS to Embrace Clean Energy

2018 will be a crucial year for Serbia’s energy sector as 250 megawatts from renewable sources are to be connected to the grid. The same amount again will come online in 2019. EURACTIV Serbia reports.

Solar 'Accelerating' Global Shift in Power Generation

Solar 'Accelerating' Global Shift in Power Generation

Solar energy is accelerating the transformation of the global electricity-generation sector through gains in technology innovation and price deflation, according to a report published on Monday by a U.S.-based energy policy think-tank

Turkey's LPG Imports Increase in March 2018

Turkey's LPG Imports Increase in March 2018

Turkey's liquefied petroleum gas (LPG) imports increased by 13 percent to 273 thousand tons in March 2018 compared to March 2017, according to a report by Energy Market Regulatory Authority (EMRA) released on Wednesday

Bulgaria Should Submit to Russia its Options for Belene NPP by the End of June

Bulgaria Should Submit to Russia its Options for Belene NPP by the End of June

By the end of June, the Bulgarian Ministry of Energy must provide Russia with the various options for using theBeleneNPP equipment. This is written in a summary of the talks between Russian PresidentVladimir Putinand his Bulgarian counterpart Rumen Radev in Sochi, according to Russian state news agency TASS, quoted by Actualno.com

Turkey's Suoz Acquires Solar Factory for Domestic Prod.

Turkey's Suoz Acquires Solar Factory for Domestic Prod.

Turkey's Suoz Energy Group will move its recently acquired solar panel facility from Greece to Turkey to begin production of solar cells in six months, the company CEO told the media early this week

EU Seeks to Curb CO2 Emissions from Heavy-Duty Vehicles

EU Seeks to Curb CO2 Emissions from Heavy-Duty Vehicles

The European Commission on Thursday presented a legislative proposal setting the first ever carbon dioxide emission standards for heavy-duty vehicles in the EU in a bid to curb emissions

Turkey Invests in Youth With Energy High School Launch

Turkey Invests in Youth With Energy High School Launch

Turkey is in the process of training young people in vocational and technical high schools to have a professional, qualified workforce in the energy sector, Turkey's Energy Minister said Wednesday