oil production
- Business
Turkiye’s oil production in eastern region breaks record with 30,000 barrels per day
Increased volumes come from 23 wells drilled in Gabar Mountain region, Turkish Petroleum says on social media platform X Türkiye’s…
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Turkish firm to invest $6 million in Venezuela’s energy industry
A subsidiary of the Turkish company Odaş Enerji, operating in the field of energy and mining, will become a partner…
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Oil prices up on Monday following Saudi Arabia, Russia voluntary oil cuts
Oil price increases also bolstered by expectations of end to US Federal Reserve’s ‘hawkish’ policies Oil prices increased in early…
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Global oil supply increased by 270 thousand barrels per day in September
Global oil production increased by 270 thousand barrels per day in September compared to the previous month, reaching 101 million…
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Commodity market rallies amid sell-off pressure
Last week, Brent oil rose 2.2%, gold 0.2%, wheat 1.3% and coffee 7.1% International commodity markets rallied last week which…
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Turkiye plans 3 more drilling ops to ‘increase energy independence’
Turkiye is set to initiate three additional drilling operations aimed at bolstering the nation’s energy self-sufficiency following significant oil discovery…
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Saudi Arabia will continue to cut additional oil production in August
Saudi Arabia has decided to continue the additional production cut of 1 million barrels per day in oil in August.…
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