Tag: oil production

Crude oil imports rose by 29.5 % in September – Turkey, 27 November 2019

According to Turkish Energy Market Regulatory Authority (EPDK), crude oil imports increased by 29.5 % in September 2019 compared to the same month last year, while total oil products imports rose by 17.2 %. Turkey imported 2.69 million tons of crude oil in September, mostly (988,000 tons) from Ir Full article available for subscribers of […]

OMV Petrom’s daily hydrocarbon output dropped by 6 % in Q3 2019 – Romania, 09 October 2019

The largest Romanian oil and gas company OMV Petrom, a subsidiary of Austrian OMV Group, said that its oil and gas output in the third quarter of 2019 amounted to 150,000 barrels of oil equivalent per day, which is 6.25 % lower compared to the same period last year. Q3 hydrocarbon output dropped by Full […]

Turkey started crude oil production by fracking – Turkey, 05 October 2019

Turkish President Recep Tayyip Erdogan said that Turkey has started producing crude oil by using hydraulic fracturing method, also known as fracking. President Erdogan said that the commercial crude oil production by using the method is a first for Turkey, and it takes place in the southeastern Full article available for subscribers of Energy NEWS […]