Iraq has formed a joint venture with a shipping company owned by Arab states to transfer. store and trade crude and oil products.
Read More »Iraq Signs Oil Agreement with Chevron
Chevron has signed a memorandum of understanding (MoU) with Basra Oil Company.
Read More »Iraqi Lawmakers Want Out Of OPEC Deal
Some new members-elect of Iraq’s parliament think that Iraq should be able to export as much crude oil as it wants.
Read More »Turkey Becomes Energy Hub of Region
TANAP will be laid from the Georgian-Turkish border to the western border of Turkey.
Read More »Iran Starts Oil Swap with Iraq’s Kirkuk
Last December. Iraq and Iran reached an agreement for oil swap for one year.
Read More »Russia’s Natural Gas Pipeline to Turkey will be Extended to Europe
The current Bulgarian government is regretting the decision to ditch South Stream.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
Read More »Lebanon Launches Search for First Oil & Gas Reserves despite Israeli Threats
Lebanon and Israel’s dispute runs over a triangular area of around 860 square kilometers (332 square miles) of waters.
Read More »Russia and Turkey Ready to Extend “Turkish Stream“ to Bulgaria
Bulgaria plans to negotiate with Gazprom to buy gas and transit it to other countries.
Read More »Russia and Turkey End Dispute over Terms of Gas Supplies
The construction was stalled by a legal rift on gas prices.
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