Experts estimate that the sea bed off Cyprus holds around 227 billion cubic metres of natural gas deposits.
Read More »EU will Freeze Flow of Funds to Turkey as Drilling Dispute Escalates
The European Commission says Turkey has been drifting further away from the prospect of eventual EU membership.
Read More »UK Says It will Release Seized Iranian Oil Tanker if Iran Guarantees the Vessel won`t Breach European Sanctions
Police in Gibraltar said Friday they arrested four crewmen of the Iranian ship. including its captain and chief officer.
Read More »Iran Urges Europe to Take `Effective` Steps to Save Nuclear Deal
US President Donald Trump in 2018 announced Washington was pulling out of the deal. to the dismay of its European allies.
Read More »Russia Looks for Asia LNG Buyers to Alleviate Western Sanctions` Bite
The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.
Read More »Iran Ready to Establish Joint Innovation Fund with Russia
Iran and Russia have a long history in trade cooperation.
Read More »Iran to Speed up Exports of Knowledge-Based Products to Russia
The Iranian delegation is scheduled to hold talks with Russian counterparts.
Read More »Iran Calls on Britain to Release Seized Oil Tanker Immediately
Iran has warned of reciprocal measures if the tanker is not released.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
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