Social and Events

United States was trying to keep prices inflated in order to support U.S. shale oil growth.

OPEC and several other non-OPEC producers have reached an agreement to extend the production deal for a further nine months.

Global oil prices are currently under the influence of geopolitics.

Turkey will start deep-sea drilling in the Mediterranean this summer.

In a first phase. TANAP will introduce 6 billion cubic meters (bcm) of gas yearly. so Turkish imports. set at 6.6 bcm by Albayrak. will be covered in a 90 percent.

U.S. exit from Iran deal puts pressure on European planemakers.

The US decision sent oil futures surging Wednesday as traders digested the likely consequences.

Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.

Over 1.053 domestic and 600 foreign companies from 37 countries are attending the three-day event.

As the leader of TAPI Pipeline company Limited. Turkmengas State Concern. which has a controlling stake. acts as the main financier and project manager.