Displaying 31 - 40 of 179 articles
In a perfect world, Eastern Mediterranean energy resource discoveries would create regional cohesion, bolster Israel’s security, boost the Palestinian economy, normalize politics and economics in Cyprus, meet growing energy demands for both Turkey and Europe, and reduce the scale of Russia’s...
If three energy ministers gather around a table for over an hour and half, there should be some serious energy problems on the agenda. This was especially true for the first session of the Atlantic Council Energy and Economics Summit, held on November 15 and 16 in Istanbul, on a panel dedicated to Europe’s...
The abundant oil and natural gas resources in Iraq’s Kurdistan region are both attractive and problematic. Hydrocarbon trade in the region has met some juridical setbacks due to a lack of consensus between the Iraq’s federal government in Baghdad and the Kurdistan Regional Government (KRG)...
E.ON, the German utility, has entered into an asset swap with Austria's Verbund, in which it gains a half share in Turkish power company Enerjisa Enerji A.S. In a transaction valued at €1.5 billion, Verbund swaps its holdings in Enerjisa for full ownership of E.ON’s interest in eight run-of-river...
Gazprom has announced a long-term deal to export natural gas to private companies in Turkey, securing a growing market for the Russian gas export monopoly as it faces declines from its core consumers in the European Union. Turkey's energy market regulator gave private energy companies...
On the eve of the Shah Deniz Consortium’s announcement about the gas pipeline project selected to transport Azeri gas to Europe, regional political leaders and energy representatives gathered in Istanbul, on November 15th and 16th, for the Atlantic Council Energy and Economic Summit. As expected...
Turkey is set to increase its presence in Iraq's Kurdish region by taking a majority stake with a British partner in a block containing an estimated 10.5 trillion cubic feet of natural gas. The Middle East Economic Digest reports that Genel Energy, a British-Turkish joint venture, will acquire...
At the APPEX Regional Forum last week, oil executives were keen to drum up support for Turkey’s onshore and offshore energy prospects. This was hardly surprising: the conference was taking place in Istanbul and Turkey’s state oil company TPAO was sponsoring. But the figures being discussed...
BP, Statoil and Total have agreed to acquire a combined 29 percent in the Trans-Anatolian natural gas pipeline project (TANAP). Rovnag Abdullayev, head of SOCAR, said that BP and Statoil each would each hold a 12 percent stake, while Total would hold a five percent interest. The holdings would...
Cyprus has vowed continue to development of offshore natural gas, in a retort to Turkish warnings to international partners about such projects. Last week the Mediterranean island-state announced talks with Italian, South Korean, French and Russian interests, for development of gas fields off its southern...
