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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What if you could see what will happen to the world in the next 10 years? In The Daily Futurist, we explore mostly on geography, archaeology and natural science. See the future here in The Daily Futurist.

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