Iraqi Oil Minister Thamir Ghadhban announced that a new pipeline system has been established to export Iraqi oil to Turkey.

The US has granted eight Iranian oil importers temporary waivers from the sanctions set to be imposed upon the country’s energy sector on November 5.

A Turkish Oil Ship has started to drill for oil and gas in the Mediterranean Sea on October 31, sparking fears over potential disputes with neighbors Cyprus and Greece over jurisdiction.

Iraq plans to stop exporting crude from its northern Kirkuk oilfield to Iran in November in compliance with US sanctions placed on the Iranian energy industry.

Saudi Arabia’s ACWA Power has reportedly delayed its plans for an initial public offering (IPO), originally expected for later this year.

Sonatrach will invest $280 million to build a gas pipeline that will link to two existing pipelines between Spain and North Africa.

Turkey has rejected US pleas to curtail crude imports from Iran, telling US officials that it is under no obligation to implement Washington's sanctions regime against Tehran.

Iraq’s government declared desire to hold talks with Turkey over the possibility of transporting oil once more from federal territory to reach a port located on the Mediterranean Sea.

Turkey plans to begin exploratory drilling for oil and natural gas in the Mediterranean Sea early next year.

Iraq plans to build a new pipeline to replace a damaged section of the Kirkuk-Ceyhan oil pipeline.