Displaying 1 - 10 of 179 articles
Turkey is closer to coming to an agreement over joint energy projects with Israel, according to reports in regional newspapers. Today's Zaman quotes Turkish officials as stating they are moving towards a positive attitude towards “extensive cooperation” with Israel and Cyprus. Turkish President...
The Southern Corridor preferred route selection has reached the final stretch, with a final decision due mid-June between the Trans-Adriatic Pipeline (TAP) and Nabucco West. One of the countries involved, Greece, aims to promote TAP and has accelerated its efforts in the matter...
Over the last few weeks, Turkish and Caspian authorities have several times celebrated the successful implementation of their oil and gas pipelines, alongside announcing their willingness to cooperate in building the Baku-Tbilisi-Kars (BTK) Railway, though they are still need the consent of two excluded...
Valeura Energy Inc. has announced that it has been awarded a new exploration licence (Banarli Licence 5104) on a 100 percent working interest basis in the Thrace Basin of northwest Turkey. The Banarli Licence 5104, which was awarded to Valeura by the General Directorate of Petroleum Affairs...
Turkey has offered an opportunity to explore offshore oil and gas reserves off its Mediterranean and Black Sea coasts to the State Oil Company of Azerbaijan (Socar). “Azerbaijan can search for oil and natural gas in our waters,” Turkey’s Energy and Natural Resources Minister Taner...
The rewards of shale gas are starting to outweigh the potential risks of getting the energy source out of the ground for a number of European countries. Reserves of the gas are now thought to be much larger in some states than previously estimated. In others, there is growing concern over the dominance...
Natural Gas Asia was recently pleased to have the opportunity to speak with Dr. Ibrahim Bahr Alolom, the former Iraqi Minister of Oil and the founder of the Iraq Energy Academy. A member of National Iraqi Assembly, Dr. Bahr Alolom was appointed as Minister of Oil in Iraq for two terms, in 2003 under...
The claim that the Chinese word for crisis is the same as the word for opportunity may be wrong, but Turkey is putting it into practice over Cyprus nonetheless. The island’s rapid descent into financial turmoil and its attempt to use gas reserves as collateral has increased...
On the last day of Obama’s visit to Israel, Israeli Prime Minister Benjamin Netanyahu apologized to Turkish Prime Minister Tayyip Erdogan ‘for any mistakes that might have led to the loss of life or injury’ resulting in the death of nine Turks on the Turkish Mavi Marmara aid ship that...
All eyes are on Cyprus. Exposure to Greek debt haircut by Cypriot banks has led the island to a very tricky situation as it struggles to find a helping hand. Cyprus rejected the first option: an EU-IMF EUR 10 billion deal which included a levy on bank deposits. Germany talked about ‘accountability’...
