Turkey’s Perfectly Timed Gas Discovery
Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters Continue Reading
Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters Continue Reading
European Union leaders early Friday gave the green light for the expansion of sanctions against Turkey over its exploration of gas reserves in Mediterranean waters claimed by EU members Greece Continue Reading
Turkey has halted survey for oil and gas in the Mediterranean and had its survey vessel back to a Turkish port, days before European Union leaders are set to discuss Continue Reading
After announcing a major natural gas discovery in the Black Sea earlier this year, Turkey has started drilling for gas at a second location in the sea, Turkish Energy and Continue Reading
Turkey has added a further 85 Bcm to the size of the reserves at its giant Black Sea Sakarya gas field, bringing the total to 405 Bcm. Not registered? Receive Continue Reading
Turkey has resumed survey activities for oil and gas in disputed waters in the eastern Mediterranean in a move reigniting the tension with its neighbors and EU members Greece and Continue Reading
ATHENS, Greece (AP) — Greece accused neighbor Turkey of undermining efforts to ease a crisis over eastern Mediterranean drilling rights Monday, after Ankara redeployed a survey vessel for new energy Continue Reading
Turkey is about to revise up the estimate of its natural gas discovery in the Black Sea, Bloomberg reported on Friday, quoting sources with direct knowledge of the plans. In Continue Reading
The severity of Turkey’s coronavirus outbreak was called into question after the government acknowledged it wasn’t counting asymptomatic cases, triggering criticism from local medical professionals and promoting the U.K. on Continue Reading
Turkey plans to deploy a second drilling ship in the Black Sea early next year following the biggest-ever natural-gas discovery there. The vessel, named Kanuni, will join another ship seeking further oil Continue Reading
Turkish research ship off Antalya, Turkey on July 22, 2020 Tensions rose earlier this year when Turkey sent a ship into a disputed area to search for potentially rich oil Continue Reading
Drilling rights and escalating tensions Tensions between Greece and Turkey over Eastern Mediterranean natural gas and oil fields, intertwined with maritime claims, have rapidly escalated in August 2020. On August Continue Reading
EU foreign policy chief Josep Borrell warned Sept. 15 the bloc’s relations with Turkey had reached a “watershed” moment over Ankara’s continued exploration work in the East Mediterranean. Not registered? Continue Reading
After weeks of tensions in the eastern Mediterranean, Greece and Turkey have signaled a willingness to start talks aimed at resolving a long-standing sea dispute tied to potentially lucrative offshore Continue Reading
At Friday prayers at the Al Aqsa Mosque in East Jerusalem, the faithful often hold up portraits of Recep Tayyip Erdogan, the Turkish president, worshipping under the gleaming gold crescent Continue Reading
Sailing through the Bosporus Strait that divides Europe from Asia last year, a Turkish fleet saluted the tomb of 16th century pirate and admiral Barbarossa, reviving a tradition that harks Continue Reading
President Tayyip Erdogan told European Council President Charles Michel on Sunday the EU’s stance towards the East Mediterranean would be a test of its sincerity, calling on it to take Continue Reading
Turkey said on Tuesday that it was open to dialogue with its neighbor Greece to end the dispute over the oil and gas resources in the eastern Mediterranean and the Continue Reading
The European Union on Friday urged Turkey to halt what it called its “illegal” prospecting activities in contested waters in the eastern Mediterranean and ordered EU officials to speed up Continue Reading
On Europe’s periphery, tensions involving an array of competing countries are rising. The brewing crisis in Belarus has sparked fears of an armed Russian intervention. And a standoff in the Continue Reading
Turkey will make no concessions in the eastern Mediterranean, President Recep Tayyip Erdogan declared as France announced that it would join naval exercises in the region amid a mounting stand-off Continue Reading
Turkey is determined to do whatever is necessary to obtain its rights in the Black Sea, Aegean and Mediterranean, President Tayyip Erdogan said on Wednesday. Speaking at an event commemorating Continue Reading
German Foreign Minister Heiko Maas appealed to NATO allies Greece and Turkey on Tuesday to enter a dialogue and de-escalate military tensions in the eastern Mediterranean, warning of an “abyss” Continue Reading
France is joining military exercises with Italy, Greece and Cyprus in the Eastern Mediterranean amid a worsening dispute between Turkey and Greece over energy resources in the region, Armed Forces Continue Reading
Turkish air and naval forces conducted joint training exercises in the Aegean Sea, the country’s Defense Ministry said Saturday, amid strains with neighbor Greece over hydrocarbon discoveries. F-16 fighter jets Continue Reading
Turkey has made a major gas discovery in its sector of the Black Sea with the Tuna-1 well, which is estimated to hold 320 Bcm of gas, Turkish President Recep Continue Reading
Turkey has discovered energy in the Black Sea, most likely natural gas, two people with direct knowledge of the matter said Wednesday, but gave no indication of the size and Continue Reading
EU leaders on Aug. 19 reaffirmed their opposition to Turkey’s “illegal” drilling activities offshore Cyprus and agreed that “all options will be on the table” at the next European Council Continue Reading
Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drill ship would extend operations in disputed Mediterranean waters off Cyprus until mid-September. Yavuz Continue Reading
Turkish President Recep Tayyip Erdogan alleged on Thursday that its oil and gas exploration vessel, the Oruç Reis, has come under attack, according to Turkish state media , in what Continue Reading
When Turkey’s ruling Justice and Development Party (AKP) took power at the beginning of the century, the principle that got hold of the country’s foreign policy was called ‘ zero Continue Reading
While over a week ago it was looking as if Turkey might back down on its ambitious oil and gas exploration aims in the eastern Mediterranean amidst global pressure, especially Continue Reading
Turkey is looking to reduce further its reliance on Russian gas, and for the first time in almost two decades, Turkey may not receive gas at all from Russian gas Continue Reading
The rosy future of the offshore East Mediterranean (East-Med) gas boom is in jeopardy. The current COVID-related economic downturn, combined with the dramatic drop in demand for oil and gas Continue Reading
France’s growing spat with Turkey over the Libyan civil war has exposed cracks in the Nato military alliance and raised questions over what Paris is seeking to achieve in the Continue Reading
Turkey’s state gas grid operator Bota? has opened a tender for a gas pipeline to supply Azerbaijan’s exclave of Nakhchivan. The new supply route would sideline Iranian gas sales to Continue Reading
Iran expects gas exports to Turkey to resume by mid-July at the latest, a senior Iranian gas official said June 7, following an explosion on a pipeline in Turkey that Continue Reading
In the world of energy geopolitics and economics are closely linked to each other. The exploitation of oil and gas reserves is a major source of income for energy-rich countries Continue Reading
Libyan military commander Khalifa Haftar raised the prospect of a dangerous new escalation in the North African country’s war with a threat to target Turkish forces backing the internationally recognized Continue Reading
Critics say Turkey’s measures do not go far enough Turkish authorities have imposed new measures to limit the spread of coronavirus, as the number of infections continues to rise sharply. Continue Reading
Natural gas exports from Iran to Turkey were halted early Tuesday after an explosion and fire on the pipeline just inside the border of Turkey, an official at Turkey’s energy Continue Reading
MOSCOW (Reuters) – Turkey and Russia agreed a ceasefire deal on Thursday in Syria’s Idlib region, their two leaders said after lengthy talks in Moscow to contain a conflict which Continue Reading
Turkey deployed F-16 fighter jets against government forces in northwestern Syria on Monday, a sharp escalation of the conflict there after six Turkish soldiers were killed by artillery strikes. President Continue Reading
The European Union is eyeing long promised punitive measures against Turkey for its illegal military incursion into northern Syria, as well as its unauthorized natural gas drilling off Cyprus’ coast. Continue Reading
Somalia has invited Turkey to carry out offshore oil exploration works in the territorial waters of the African country, Turkish President Recep Tayyip Erdogan said on Monday, as reported by Continue Reading
Turkey called on Sunday for the European Union to end what it said was the bloc’s prejudice against Turkish Cypriots, defending its launch of a fresh round of hydrocarbons drilling Continue Reading
Turkish President Tayyip Erdogan has called on Europe to support its work in Libya, where it is providing military support to the internationally-recognized government if it wants to end the Continue Reading
Turkey will not refrain from “teaching a lesson” to Khalifa Haftar, the commander of eastern Libyan forces, if they continue attacks against the country’s internationally recognized government, President Tayyip Erdogan Continue Reading
With Putin in Turkey on Wednesday ceremonially launching the much-anticipated offshore pipeline TurkStream, which will supply Russian gas to Turkey and southern Europe, it’s actually events in Libya and Syria Continue Reading
The Presidents of Russia and Turkey, Vladimir Putin and Recep Tayyip Erdogan, respectively, officially launched on Wednesday the TurkStream natural gas pipeline designed to ship Russian gas to Turkey and Continue Reading