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Türkiye's daily and monthly natural gas and crude oil production broke new records in October, according to the Energy and Natural Resources Ministry.

Domestic crude oil production reached an all-time monthly high of 3.36 million barrels, while the country's natural gas output hit 234.4 million cubic meters, the ministry said in a statement on Nov. 6.

On a Monday morning, farmer Spyros Staramos was outside his oil mill in Aitoliko, a town in Western Greece. It would have been just another typical Monday for him if he hadn't seen that the two locks on his warehouse had been broken. "At first I found a cart on the doorstep that we usually have inside the warehouse, but I thought I had left it outside and forgotten.

There may be challenges ahead for oil prices if the situation in the Middle East escalates into a regional conflict. However, Svetoslav Benchev, the chairman of the Bulgarian Oil and Gas Association (BOGA), expressed hope that fuel prices would remain stable. He made these comments during a conference on "Energy Transition in Transport," which marked BOGA's 25th anniversary.

ExxonMobil predicts that oil demand will be virtually unchanged in 2050 compared to current levels, an estimate that contrasts dramatically with most assumptions of other energy sector players.

The oil production facilities in the Gabar Mountain region of Şırnak broke the record in the history of the Turkish Republic with a daily production of 40,000 barrels.

"Today is an important day in the history of Türkiye," Energy and Natural Resources Minister Alparslan Bayraktar said in a statement on April 11.

The returnee family Jankovi in the village of Blagaa in the municipality of Istok had an auxiliary building burned down, and the damage is estimated at four to five thousand euros.
Duan Jankovi says that many things were burnt in the fire.

Greece's Energean Group is anticipating a significant increase in natural gas production in 2023 after production started in the Karish field in Israel in October 2022.

Turkey increased oil imports from Russia, including Urals and Siberian Light grades, beyond 200,000 barrels per day (bpd)

World oil prices continue to go down, with the WTI down to $ 23 a barrel - a price the market last saw on March 6, 2002.

As of 7:19 pm Bulgarian time, the price of the May futures of the Brent North Crude fell to 11.7% to $ 25.37 a barrel. The price of the May futures of WTI oil fell 17.23% to $ 22.62 a barrel.

The U.S.' crude oil inventories increased higher than the market expectation last week, according to data released by the Energy Information Administration (EIA) on Feb. 5.