fuel
- Business
Expected Increase in Gasoline and Diesel Prices
The expectation of an increase in gasoline and diesel prices is an important development that can affect many individuals and…
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BP and ADNOC Suspend $2 Billion Stake Acquisition Offer to Israeli NewMed
In a recent development, BP and the Abu Dhabi National Oil Company (ADNOC) have reportedly suspended their planned acquisition of…
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Global Gas Demand Expected to Exceed 5 Trillion Cubic Meters by 2050
According to the “2050” report prepared by the Gas Exporting Countries Forum (GECF), global natural gas consumption was recorded at…
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Togg Maintains Clear Leadership in the Electric Vehicle Market in Turkiye
According to data compiled by the Automotive Distributors and Mobility Association (ODMD), Togg, the prominent player in the Turkish electric…
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Turkish oil terminal halts Russian oil business
One of Turkiye’s mid-sized Mediterranean oil terminals the Dortyol terminal will no longer accept Russian imports after receiving record volumes…
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Russia to Increase Voluntary Cut in Oil Production and Export
Alexander Novak, Deputy Prime Minister of Russia, has announced that the country will increase its voluntary cut in oil production…
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Saudi Arabia, Algeria, and Kuwait Extend “Voluntary Cut” in Oil Production for Another 3 Months
The Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ group, comprising some non-OPEC producer nations, have announced the…
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Turkiye’s Petroleum Imports Increased by 15.7% in December Last Year
According to the “Petroleum Market Sector Report” for December by the Energy Market Regulatory Authority, Turkey’s total petroleum and petroleum…
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