OIL & FUEL SECTOR NEWS HABERLERİ

How is the Russia/Ukraine war changing global energy markets? The Russia/Ukraine war has huge implications for energy markets, particularly energy policy and corporate strategies. Gas prices will remain high until 2026 at least. Europe wants to rapidly... 

As oil and gas operations were disrupted significantly by the onset of the Covid-19 pandemic in 2020, it became evident that greater digitalization was vital to ensure the maintenance of operations when worker access is limited. With innovative solutions... 

BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country, marking the most significant move yet by a Western company in response to Moscow’s invasion of Ukraine. Rosneft... 

Sustainability moved to the next level: SGB SMIT Group successfully tested 1st transformer in Germany with Nynas NYTRO® BIO 300X. Together we have now reached the next level of more sustainable insulating liquids: NYTRO® BIO 300X is a true innovation... 

China will release crude oil from its reserves according to its needs, a foreign ministry spokesman said on Wednesday, adding that the country was in close communication with oil-producing and oil-consuming countries. Speaking in a daily press briefing,... 

The commercial film prepared by SOCAR Turkey for the 1st anniversary of the 08 November Karabakh Victory had a great impact with its emotional concept. The film, in which Azerbaijan’s Karabakh Victory is narrated with a parallel editing with Turkey’s... 

Global oil demand is expected to continue to grow into the mid-2030s to 108 million barrels per day (bpd), after which it is set to plateau until 2045, OPEC said in its 2021 World Oil Outlook (WOO) on Tuesday. OPEC’s timeline for peak oil demand in... 

PETRONAS Urania Truck, which set off as part of the launch of PETRONAS Urania with StrongTechTM technology in April; After England, Portugal and Spain, it reached Turkey. PETRONAS hosted its visitors with presentations and activities at the events held... 

It belongs to Afyonkarahisar Environmental Services Association and is owned by Afyon Renewable Energy Electricity Generation Inc. The Waste-Derived Fuel Facility, which was newly established at the Integrated Solid Waste Disposal Facility operated by... 

Shell, one of the global oil and gas companies, will establish a biofuel facility in the Netherlands with a capacity to produce 820,000 tons of clean fuel per year. In the Netherlands, one of the largest biofuel facilities in Europe will be established... 

The Petroleum Industry Association (PETDER), which was founded in 1996 by Turkey’s leading fuel distribution companies, celebrated its 25th anniversary on September 23, 2021. Continuing to work on health, safety and environmental issues in the fuel... 

Shell completed the sale of its oil assets located in the Western Sahara Desert location to Cheiron Petroleuim and Cairn Energy for $926 million. Royal Dutch Shell announced that it has completed the sale of its oil and gas assets in Egypt’s Western...