The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.
Read More »Turkey and Azerbaijan Strengthen Energy Cooperation
The new refinery will supply 4.8 million tons per year of diesel.
Read More »STAR Refinery will Help Turkey Save about $1.5B Annually
The plant is planned to process oil of such grades as Azeri Light. Kerkuk and Urals.
Read More »Turkey`s Tupras in Talks with U.S. for Iran Sanctions Waiver
Turkey imported around 97.000 barrels per day of Iranian oil in August and 133.000 bpd in September.
Read More »ExxonMobil Plans to Drill off Coast of Cyprus. Turkey Protests
Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.
Read More »Erdogan. Merkel Confront Trump to Choose Gas Supplier
American LNG is facing strong competition from Russian pipeline gas.
Read More »Turkish firms will Attend to Iraqi Tender Worth $1B
Trade between Turkey and Iraq has been interrupted many times due to problems in Northern Iraq with the Kurdistan Regional Government (KRG).
Read More »Iran Discuss National Currency with Russia. Turkey
Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar.
Read More »Rosneft will Supply Oil to SOCAR`s Refinery in İzmir
The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.
Read More »Turkey will Sign Deal with Qatar to Reduce Energy Supply Costs
The deal will include telecommunications sector and financial services.
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