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…
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…
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…
