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Cyprus was split in a Turkish invasion in 1974 after a brief Greek-inspired coup.
Read More »Erdogan: Cyprus not to Test Turkey over Gas Standoff
Greece Accuses Turkey of Violating Int`l Law
Greece'.s Foreign Ministry has rebuked Turkey'.s disregard for international law as a ".blatant violation". of Cyprus'. sovereign rights.
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
Read More »Samsung JV Wins Abu Dhabi Refinery Contract
The Abu Dhabi oil major plans to invest $3.1 billion into the refinery project to introduce crude processing flexibility.
Read More »Bob Dudley: 2017. One of Strongest Years for BP
Payments related to the Gulf of Mexico oil spill in 2010 totalled £3.7billion in 2017. down from £4.9billion in 2016.
Read More »Russia. Syria Consider Energy Sector Cooperation
This cooperation will help the normalization of the socio-economic situation in the country.
Read More »Qatar Petroleum Signs Agreement for Exploration in South Africa
Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »CNOOC`s Highest Capital Spending Since 2014
CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
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