Turkey has turned down a proposal from Iran for doubling its gas imports from the Islamic Republic in exchange for a gas price cut, Iran’s minister of petroleum says.
A price dispute between Turkey and Iran for gas imports taken to the international arbitration court is likely to be finalised by May, Turkey's energy minister said on Monday.
Cash-strapped Greece has asked for a cut in the price it pays for natural gas imports from Russia and is hopeful that Moscow will lift an embargo imposed on Greek food exports, the country's energy minister said on T ...
British oil major BP expects to sign a deal with the Trans-Anatolian Natural Gas Pipeline (TANAP) project within two months to become a stakeholder in the multi-billion dollar project that aims to reduce Europe's rel ...
Iraq is building up debts to the oil companies developing its giant fields, industry sources said, a further sign of how the oil-price drop is putting a squeeze on revenues in OPEC's second-largest producer.
Libya's internationally recognised government has said it will end all contracts with companies from Turkey, a country it has accused of supporting a rival administration.
Greece's prime minister says Turkey must respect Cyprus' right to search for gas off its shores instead of issuing threats, so that suspended talks to reunify the ethnically divided island can resume.