Energy Industry
Abu Dhabi signs $1.45B offshore deal with Total
Mar 18, 2018
The state oil company of the energy-rich capital of the United Arab Emirates says it has signed a deal worth $1.45 billion with French oil giant Total SA granting it stakes in new offshore fields
Cyprus: Eni committed to gas search despite Turkey's dissent
Mar 15, 2018
The Cyprus government says Italian company Eni is committed to carrying on its search for gas off the east Mediterranean island despite Turkey's strong opposition
Iran signs $740 million agreement on oil project
Mar 14, 2018
Iran's state-run oil company has signed a $740 million agreement with a Russian-Iranian consortium to develop two oil fields near the Iraqi border
Qatar, UAE extend oil field concession to Japan amid crisis
Mar 13, 2018
Qatar and the United Arab Emirates have each extended a concession to an offshore oil field they share to a Japanese consortium despite a diplomatic crisis between the two of them tearing at the region
Turkey renews threat against Cyprus offshore gas exploration
Mar 7, 2018
Turkey's prime minister has renewed a threat against efforts to search for offshore gas around Cyprus
Egypt seeks closer ties during visit by Saudi crown prince
Mar 5, 2018
Egypt has given a warm welcome to Saudi Arabia's Crown Prince Mohammed bin Salman, with military fanfare and a trip to the Suez Canal meant to underline a growing strategic partnership
Turkish court rejects request for Greek soldiers' release
Mar 5, 2018
A Turkish court on Monday rejected lawyers' request for two Greek soldiers arrested in Turkey to be release from custody
Cyprus: Turkey's gas search blockade prevents peace talks
Feb 28, 2018
Cyprus' president says a resumption of talks to reunify the ethnically split island nation is unlikely any time soon because of Turkey's naval blockade of an offshore gas search
EU warns Turkey after its warships force gas rig to halt
Feb 23, 2018
The European Union warned Turkey on Friday to rein in its navy after Turkish warships threatened and blocked an Italian rig from reaching a site southeast of Cyprus where it was to drill for natural gas
Eni executive: drilling off Cyprus could be put on hold
Feb 22, 2018
The top executive of Italian company Eni says that planned drilling in search of gas off Cyprus could be put on hold until Turkey can be convinced to pull back its warships preventing a rig from reaching the site
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