The average cost of Iran exports to Iraq has been $460 since the beginning of the current Iranian calendar year.
Read More »Middle East Remains Largest Oil Exporting Region
The study predicted that Middle East oil production would reach 37 million barrels per day (bpd) by 2040.
Read More »Geopolitical Strife in the Middle East. Key Risk to Oil Prices in 2018
Saudi-Iran tensions. and the stand-off on the Korean Peninsula. could impact oil markets this year.
Read More »Iraq Government Agrees with Kurdish Authorities to Resume Kirkuk Oil Exports
Kirkuk’s oilfields had been under Kurdish control since 2014.
Read More »Iraq Agrees Deal with Kurds to Resume Crude Oil Exports to Turkey
The oil ministry has put together plans to rehabilitate the Iraq-Turkey Pipeline.
Read More »Iraq`s New Oil Licensing Round Delayed by Upcoming Elections
Previous bidding rounds had specific contract models that covered costs and paid a remuneration fee for production.
Read More »Turkish Cypriots `Must be Part` of Drilling Decisions
Cyprus has been divided since 1974 when a Greek Cypriot coup was followed by violence against the island'.s Turks.
Read More »Turkey to Hold New Tenders for Wind. Solar Plants by Summer 2018
In terms of renewable energy. 2017 was a key year for Turkey.
Read More »Iraq Denies Remove from Oil-Rich Kirkuk
Federal police forces had pulled out from the province amid reports about an imminent attack by the Daesh terrorist group.
Read More »Turkey to Continue Blocking Offshore Drilling
The new warning reserves the same area for military training and gunnery exercises from February 22 until March 10.
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