Energy Industry

Aug 20, 2019

Israeli, US militaries simulate ship hijacking amid tensions

Israel's military says it has conducted a joint exercise with U.S. Special Forces simulating the retaking of a hijacked ship


Aug 7, 2019

Second Turkish ship begins gas drilling off Cyprus

Turkey's state-run news agency says a second Turkish drillship has started drilling for gas off ethnically divided Cyprus, in an area where the Cypriot government says it has exclusive economic rights


Jul 31, 2019

Egypt says offshore gas discoveries bolster ties with Cyprus

Egypt's foreign minister says hydrocarbon finds in the eastern Mediterranean have bolstered an already "strong partnership" with neighboring Cyprus


Jul 29, 2019

New video from Iran shows Guard warning away UK warship

Iran's Revolutionary Guard releases new video showing seizure of British-flagged tanker earlier in July


Jul 24, 2019

Iran's president hints at quid pro quo for seized UK ship

Iranian president suggests Iran might release British-flagged ship if UK takes similar steps on Iranian oil tanker


Jul 20, 2019

The Latest: UK rejects Iranian position on tanker seizure

Britain's foreign secretary says he rejects Iran's attempt to link its seizure of a British-flagged tanker to a July 4 incident in which British marines helped take control of an Iranian tanker off Gibraltar


Jul 20, 2019

Iran says British tanker seized because of collision

Report: Iran says it seized a British oil tanker over a collision with a fishing boat


Jul 19, 2019

The Latest: UK official says tanker seizure an 'escalation'

UK Chamber of Shipping CEO Bob Sanguinetti says the seizure of a British oil tanker by Iranian forces represents an escalation in tensions in the Persian Gulf that makes it clear more protection for merchant vessels is urgently needed


Jul 18, 2019

Iran state TV: Iranian forces seize foreign oil tanker, crew

Iran's state TV says Revolutionary Guard forces have seized a foreign oil tanker with 12 crew accused of smuggling oil


Jul 18, 2019

Bitcoin craze hits Iran as US sanctions squeeze weak economy

Iranians feeling the squeeze from US sanctions increasingly turning to digital currencies like Bitcoin to make money