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.
Turkey has no plans to cut its imports of Iranian oil, remaining a rare loyal customer of Tehran despite rising pressure from international sanctions and initial signals it may buy more Saudi oil, Turkish and Saudi s ...
Iraq has resumed oil exports via an undamaged pipeline to Turkey after they were cut by an explosion in the country's northern neighbour, officials said on Monday.