The Turkish Republic of Northern Cyprus (TRNC) and Turkish Petroleum will launch their natural gas exploration program on the island's southwest, the country's deputy prime minister said Tuesday.
read more... 10/10/2018
Turkish Petroleum signs contract with the U.S. based Rowan Companies for drilling two hydrocarbon wells in the Mediterranean Sea for an estimated period of 100-140 days, the U.S. company announced on Monday.
read more... 25/09/2018
Oil crude futures dropped on Thursday, as President Donald Trump urged Organization of the Petroleum Exporting Countries to reduce prices. Brent crude was 0.9% down at $78.70 a barrel. WTI crude lost 1.1% to 70.32 a barrel, despite a draw in inventories.
read more... 21/09/2018
The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.
read more... 18/09/2018
Algeria's national hydrocarbon company Sonatrach and Turkish Petroleum Pipeline Corporation (BOTAS) extended a natural gas supply agreement for another five years to supply gas to Turkey, Ahmed Mazighi, Sonatrach's vice chairman told Anadolu Agency on Tuesday.
read more... 11/09/2018