Greece’s foreign minister said his country could work together with Turkey to exploit natural resources while urging Ankara to settle its dispute with the European Union over offshore drilling in the Mediterranean.
Read More »Persian Gulf Conflict could Impact Commodities Markets
India imports more than 80% of its oil and around two-thirds of that comes from the Middle East.
Read More »Iraq Plans to Launch Pipelines to Export Oil through Jordan. Syria
The goal is to increase Iraqi export outlets and find markets for the increasing oil production.
Read More »EU due to take steps against Turkey over Cyprus offshore drilling
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 »Iran Mulls Increasing Presence in Iraq Oil. Gas Projects
It is a good opportunity for Iranian companies to enter the Iraqi market.
Read More »TurkStream will Start Delivering Gas to Europe by Year’s End
Turkey has little of its own energy resources and is heavily dependent on Russian gas.
Read More »Any Strait of Hormuz Disruption Would Be “Major Obstacle“ To Economy
Most of Iraq’s oil is shipped through southern terminals.
Read More »Iraq Seeking Iran’s Help in Reconstruction Ignoring US Pressures
Iraqi ambassador to Iran Sa’ad Jawad Qandil told a trade conference in Tehran that Baghdad is in dire need of economic and technical helps by the Islamic Republic.
Read More »Iran Says Ready to Export 300MW Electricity to Northern Iraqi City
A senior local official in Iran’s Western province of Kordestan announced on Saturday that the country is capable of providing 300MW of electricity to the Northern Iraqi city of Sulaymaniyah.
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