W.Asia
2022, February, 24, 12:05:00
TURKEY INSTALLED CAPACITY +3.5 GW
The country's installed capacity stood at 99,820 MW at the end of 2021, with 46% of thermal, 32% of hydro, 11% of wind, 8% of solar and 4% of biomass, geothermal, and waste heat.
2022, February, 24, 12:00:00
TURKEY RENEWABLES UP
Some 97% of Turkey's electricity generation capacity that came into operation last year was from renewable energy plants.
2022, February, 23, 12:35:00
LNG FOR EUROPE 70%
In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia.
2022, February, 23, 12:25:00
KUWAIT, IRAQ RENEWABLES
Kuwait also plans to develop a 2 GW wind and solar project, which will be tendered by the Kuwait Authority for Partnership Projects. Meanwhile, Iraq is also considering the strategic adoption of renewable energy as a way to wean itself off of Iranian imports of gas and power, its oil minister Ihsan Ismail told IPTC.
2022, February, 22, 13:00:00
OPEC+ RUSSIA STABILISATION
OPEC, along with 10 allies led by Russia, has been gradually easing back production quotas it implemented at the start of the coronavirus pandemic by 400,000 b/d each month, aiming to return to pre-pandemic output levels by late 2022.
2022, February, 21, 11:50:00
GLOBAL ENERGY CRISIS & STABILISATION
In the situation that has obtained in recent months on energy markets, it has become clear that one of the foundations of stability of the modern global world is, in the first instance, reliable energy supply, which cannot be provided without observing a reasonable balance of energy sources and an absence of discrimination against traditional sectors of the fuel and energy complex.
2022, February, 21, 11:35:00
INDIA, UAE STRATEGIC PARTNERSHIP
The partnership between the two countries has led to the joint work on several agreements and Memorandum of Understanding in several areas, including: The Economy, Climate Change and Houbara Conservation, Industries and Advanced Technologies, Low Carbon Hydrogen Developments and Investments, Food Security, Financial Services, and Issuance of India-UAE Joint Stamps.
2022, February, 21, 11:20:00
ISRAEL RENEWABLES 40%
Israel currently aims for 30% of renewables in power generation by 2030.
2022, February, 10, 15:10:00
FAR IRANIAN DEAL
Indirect talks between Iran and the United States on salvaging the deal with world powers resumed on Tuesday after a 10-day break,
2022, February, 9, 12:20:00
SAUDI ARABIA'S PRODUCTION CAPACITY 13.5 MBD
We are targeting our production capacity to become 13.4, 13.5 million barrels a day by 2027.
2022, February, 9, 12:15:00
IRAN SANCTIONS, GUARANTEES
“When it comes to the Vienna talks on the lifting of sanctions, one of the key issues is to get the necessary guarantees, especially from the Western parties, about the fulfilment of their commitments,”
2022, February, 3, 13:45:00
OPEC+ RUSSIA: GROWTH BY 0.4 MBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th ONOMM and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of March 2022.
2022, February, 3, 13:25:00
AZERBAIJANI GAS FOR ITALY
In January 2021, Azerbaijan started commercial gas supplies to Europe via the Trans-Adriatic Pipeline, which entered operations in November 2020.
2022, February, 2, 12:15:00
OPEC+ WILL UP BY 400 TBD
Demand is expected to surpass pre-pandemic levels in the second half of the year "with a healthy recovery trend," the analysis showed, easing the market oversupply to 1.2 million b/d in the third quarter and 1.1 million b/d in the fourth.
2022, February, 1, 14:45:00
OPEC+ RUSSIA: +400 TBD
Already, oil prices have hit seven-year highs in recent days over the ratcheting tensions between the West and Russia over Ukraine.