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Syria issues public tenders to import oil, restore the pace of economic life

Syrian authorities have issued public tenders to import oil and its derivatives, aiming to improve the efficiency of imports and foster a competitive environment in the country, according to a…

Huge oil reserves found in the East Baghdad oil field.

The state-owned Iraqi Midland Oil Company said on Monday that it has discovered huge oil reserves in the East Baghdad oil field. Mohammed Yassin Hassan, director general of the company,…

Cyprus issues Navtex for drilling in block 5, Exxon Mobil – Qatar Energy joint venture

Drilling in block 5 of the Cypriot EEZ, and more specifically in the “Electra” area, began early this afternoon – Sunday – by the Exxon Mobil – Qatar Energy joint…

BP plans to cut 4,700 jobs and 3,000 contractor positions

The energy giant BP has announced plans to cut 4,700 jobs and 3,000 contractor positions worldwide in a bid to reduce costs, local media reported on Thursday. The job cuts…

Fico proposes holding talks with Zelensky over energy

Slovak Prime Minister Robert Fico proposed holding talks with Ukrainian President Volodymyr Zelensky to discuss gas transit through Ukraine which was halted recently. In an open letter posted on social…

The importance of the TurkStream pipeline for Europe’s energy security

Any action threatening the safety or functionality of the pipeline should be regarded as “an attack on the sovereignty of gas-receiving nations,” Hungarian Minister of Foreign Affairs and Trade Peter…

Electric vehicle (EV) sales in Ukraine soared by 38 percent

Electric vehicle (EV) sales in Ukraine soared by 38 percent to more than 51,700 units last year, according to a report released on Thursday. The report by the Ukravtoprom Association…

Egypt stepping up diplomatic engagement with African nations

Egypt is stepping up diplomatic engagement with African nations as it seeks to bolster security in the strategically vital Horn of Africa and Red Sea region, where ongoing conflicts have…

Russia will honor its commitment to deliver natural gas to Slovakia

Russia will honor its commitment to deliver natural gas to Slovakia in the coming months, Slovak Prime Minister Robert Fico told local media on Sunday. Speaking on the TA3 news…

Turkey: Akkuyu nuclear power plant set to become partially operational

Türkiye’s long-awaited nuclear energy ambitions are taking shape with one of its biggest energy investments, the Akkuyu nuclear power plant, set to become partially operational in 2025. The plant, located…

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