Erdogan on Saturday said Ankara and Moscow reached an agreement to reduce the price of the natural gas imported from Russia by 10.25 percent after long negotiations. Speaking at a rally of the ruling Justice [ More … ]
Riyadh invites US firms to take part in developing kingdom’s first atomic energy program, Saudi minister says Saudi Arabia aims to start talks with Washington within weeks on an agreement to allow US firms to [ More … ]
Two days ago, Abdel Fatah al-Sisi visited Cyprus, met with Cypriot President Nicos Anastasiades and held separate meetings with the state’s senior officials, including the Parliament President Demetris Syllouris. In a press conference, Al-Sisi thanked Anastasiades [ More … ]
Saudi Arabia’s King Salman landed in Moscow on Wednesday, in the first official visit to Russia, where he is expected to discuss energy and regional affairs. Saudi Arabia’s King Salman arrived in Moscow on Wednesday, [ More … ]
Israel and Turkey look set to complete a landmark pipeline deal by the end of 2017 with an official visit to Israel by Turkish Energy Minister Berat Albayrak. Turkey’s Energy Minister Berat Albayrak is set [ More … ]
A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the service station on the [ More … ]
In the coming years, Turkey and U.S. can deepen cooperation in the energy sector, US Secretary of Energy says Turkey and the U.S. will continue to build on their successful energy cooperation as the U.S. [ More … ]
Eight international energy companies have pre-qualified to bid for exploration contracts. Lebanon’s government previously pre-qualified 46 companies back in 2013 but consequent political stasis ground the industry to a standstill. After years of delays, disputes, [ More … ]
The upcoming windfarm at Oman’s Harweel is a harbinger of good times for the Sultanate’s environment. The 25 turbines each of 2.0-3.2 MW capacity will go about their job without exacerbating global warming. Developed jointly [ More … ]
Algeria’s refining capacities are expected to increase to 45 million tons per year by 2021, said Thursday in Hassi-Messaoud (80 km south of Ouargla), General Secretary of Energy Ministry Fatima Zohra Cherfi. The objective of increasing [ More … ]
Iraqi Prime Minister Haider Al-Abadi said that Iraq aspires to strengthening ties with Egypt in the energy, industry, and oil & gas fields; this came during his meeting with the Egyptian Petroleum Minister Tarek El-Molla [ More … ]
Turkish energy officials’ visit to the Gaza Strip was crucial to show Turkey’s solidarity to the Palestinians in their plight to solve the major power outage problem, the Palestinian Ambassador to Ankara has said, reported [ More … ]
BY: CEMIL ERTEM* Two days before the 23rd World Energy Congress was held in Turkey, the International Monetary Fund (IMF), World Bank Group and the Institution of International Finance (IIF) held their annual meetings in [ More … ]
– Turkey should develop sufficient physical entry/exit capacity to become natural gas trading hub, Pres. of Accenture Energy – Turkey will leverage opportunities to become a natural gas trading hub, rather than a transit hub, said [ More … ]
– Turkey, Iran aim to improve bilateral relations, says prime ministry source Turkish Prime Minister Binali Yildirim met Iranian Foreign Minister Javad Zarif on Wednesday in Ankara, a source from the prime ministry said. Turkey is willing [ More … ]
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