Tag Archives: natural gas

Rising consumption in the wake of the COVID-19 pandemic is set to drive greenhouse gas emissions to all-time highs, the International Energy Agency said on Tuesday. “We estimate that full and timely implementation of the economic recovery measures announced to date would result in CO2 emissions climbing to record levels …

US President Joe Biden and Turkish President Tayyip Erdogan sounded upbeat after their first face-to-face talks on Monday, although they did not announce major breakthroughs in the relationship between the two allies, at odds over Russian weapons, Syria, Libya and other issues. “We had a positive and productive meeting, much …

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters. Ankara has so far insisted it would develop the estimated 540 billion cubic meters field, …

Mainstream media tend to portray Russia and the West as bitter geopolitical rivals. In reality, Moscow and Western powers often act as partners, especially when it comes to energy. By Nikola MikovicFollowing the Kremlin’s incorporation of Crimea into the Russian Federation in 2014, as well as Russia’s actions in the …

Turkey has discovered 135 billion cubic metres (bcm) of additional natural gas in the southern Black Sea, President Recep Tayyip Erdogan said, raising the total discovery in the region to 540 bcm. Speaking at an opening ceremony in the Black Sea province of Zonguldak on Friday, Erdogan said Turkey had …

A leader of Yemen’s Iran-aligned Houthi movement on Sunday dismissed U.S. sanctions on military officials and threatened possible expanded attacks on “aggressor countries” after Washington urged the group to engage seriously in peace efforts. The United States on Thursday imposed sanctions on two Houthi military officials leading an offensive to …

Around 4.5% of all bitcoin mining takes place in Iran, allowing the country to earn hundreds of millions of dollars in cryptocurrencies that can be used to buy imports and lessen the impact of sanctions, a new study has found. At its current level of mining, Iran’s bitcoin production would amount to …

The UN chief said foreign fighters and mercenaries remain in Libya in violation of last October’s ceasefire agreement and called for their withdrawal and an end to violations of the UN arms embargo, saying these are “critical elements” for lasting peace in the north African country and the region. Secretary-General …

Egypt and Turkey on Thursday held talks on the conflict in Libya, where they back competing factions, on Syria and the security situation in the eastern Mediterranean, in a push to rebuild their fractured relations. The discussions, held over two days and led by deputy foreign ministers, were the first …

Lebanese President Michel Aoun said on Tuesday there should be no preconditions for talks with Israel over their Mediterranean border dispute, key to Lebanon’s hopes to find gas reserves amid its worst economic crisis since its 1975-1990 civil war. Negotiations between the old foes were launched in October to try …

Turkish President Tayyip Erdogan and Saudi Arabia’s King Salman bin Abdulaziz discussed bilateral ties in a call on Tuesday, the Turkish presidency said, the second conversation between the two leaders in less than a month. Turkey is seeking to improve ties with the Gulf Arab state after they were thrown …

Israel and Greece have signed their biggest ever defense procurement deal, which Israel said on Sunday would strengthen political and economic ties between the countries. The agreement includes a $1.65 billion contract for the establishment and operation of a training center for the Hellenic Air Force by Israeli defense contractor …

Lebanon’s caretaker prime minister on Monday approved a draft decree expanding the country’s claims in a dispute with Israel over their maritime border that has held up hydrocarbon exploration in the potentially gas-rich area. Hassan Diab signed off on the document after both the minister of public works and the …

Turkey’s actions must show alignment with Egypt’s principles and goals for relations between the two countries to return to normal, Egyptian Foreign Minister Sameh Shoukry said on Sunday. Shoukry confirmed contacts between Cairo and Ankara after years of tensions but indicated that dialogue was limited. Relations have been frosty since …

The Egyptian foreign ministry has denied claims by the Turkish government that there has been resumption and restoration of ties with Cairo and Gulf states. “There is no such thing of ‘resuming diplomatic contacts’,” Egypt Today reported, citing the unnamed official. Diplomatic ties between the two countries exist at the …

Egyptian diplomatic sources have denied rumors that Cairo discussed the eastern Mediterranean issue with Turkey. Egypt is committed to Cyprus and Greece being part of any negotiations with Turkey, the sources added. Cairo also has “no intentions” of negotiating with Turkey over the issue, they said. Turkish claims that a …

Turkey and Egypt could negotiate and sign a maritime demarcation deal in the eastern Mediterranean if their ties, which have been strained, allow for such a move, Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday. Ties between them have been frosty since Egypt’s army ousted Muslim Brotherhood President Mohammed Mursi, …

Libya’s powerful interior minister in the UN-recognized government on Sunday escaped an assassination attempt on a highway near the capital Tripoli, an official from his inner circle told AFP. The convoy of Fathi Bashagha “was fired on from an armored car while he was on the highway. His police escort …

Libya’s eastern strongman Khalifa Haftar has offered his backing for a peace process that seeks to end a decade of chaos, after meeting the head of a new transitional presidential council. The military commander met with Mohammed Younes Menfi, a former diplomat who also comes from eastern Libya, and who …

It’s Saturday night in Jerusalem and a group of protesters dressed in fluorescent pink are preparing to join a weekly demonstration outside Israeli Prime Minister Benjamin Netanyahu’s official residence demanding he quit. They call themselves “The Pink Front”, and participate in anti-Netanyahu protests that are held across the country each …

U.N. sponsored talks produced a new interim government for Libya on Friday aimed at resolving a decade of chaos, division and violence by holding national elections later this year. Mohammed al-Menfi, a former diplomat from Benghazi, will head a three-man presidency council, while Abdulhamid Dbeibeh, from the western city of …

Top advisers for Turkey’s President Tayyip Erdogan and U.S. President Joe Biden spoke on the phone on Tuesday, marking the first official contact between the two countries since Biden took office nearly two weeks ago. Erdogan’s Chief Foreign Policy Adviser Ibrahim Kalin and U.S. national security adviser Jake Sullivan discussed …

Turkish Defence Minister Hulusi Akar warned on Sunday that the forces of Khalifa Haftar and their supporters based in eastern Libya would be viewed as “legitimate targets” if they attempted to attack Turkish forces in the region. Turkey is the main foreign backer of Libya’s internationally recognised Government of National …

Turkey is boosting its influence across North Africa, analysts say, intervening militarily in war-torn Libya and using “soft power,” trade and investment in Tunisia, Algeria and Morocco. While Turkish-made drones have won battles in Libya, its soap operas and other cultural products have won hearts and minds in Maghreb countries, …

Turkey’s parliament extended for 18 months a law that allows the deployment of Turkish troops to Libya. The bill renewed a one-year mandate that came into force in January following a security and military agreement with the UN-backed administration in Tripoli, in western Libya. The Turkish decision Tuesday comes in …

EU foreign ministers will evaluate grounds for sanctions against Turkey over a Mediterranean gas dispute on Monday before the bloc’s leaders decide whether to make good on their threat to impose punitive measures. Ministers will not take decisions at their meeting on Monday, leaving that to Thursday’s summit of EU …

Turkey’s seismic exploration vessel Oruc Reis returned to port on Monday from disputed Mediterranean waters, less than two weeks before a European Union summit where the bloc will evaluate possible sanctions against Ankara. NATO members Turkey and Greece have conflicting claims to continental shelves and rights to potential energy resources …

The European Parliament urged the EU on Thursday to impose sanctions on Turkey after President Tayyip Erdogan this month paid a visit to the breakaway Turkish Cypriot north of Cyprus. With 631 votes in favour, three against and 59 abstentions, the parliament agreed a non-binding resolution in support of EU …

Turkish President Erdogan visited breakaway Northern Cyprus on Sunday to meet its newly elected leader who backs his call for a “two-state” solution to the divided island’s five-decade conflict if U.N.-mediated talks yield no results. With Turkey’s support, former prime minister Ersin Tatar won a tight presidential vote last month …

Egyptian and French naval forces have carried out a joint naval training exercise in the northern Mediterranean amid growing tensions between the two countries and Turkey over Ankara’s gas exploration ambitions in the region. Two frigates were involved in the joint exercise, which is part of the Egyptian armed forces’ …

Nineteen people were killed in Turkey and Greece after a strong earthquake struck the Aegean Sea on Friday, bringing buildings crashing down and setting off tidal waves which slammed into coastal areas and islands. People ran onto streets in panic in the Turkish city of Izmir, witnesses said, after the …

Turkey has extended the seismic survey work of its Oruc Reis ship in a disputed area of the eastern Mediterranean until Nov. 4 – a move that Greece condemned on Sunday as “illegal”. Turkey said Greece’s accusation was “baseless” as tensions between the NATO members flared again in a dispute …

Lebanon’s Hezbollah and its ally Amal criticised on Wednesday the delegation set to negotiate with Israel over their disputed sea border, calling for changing the team hours before the first meeting. Formally still at war after decades of conflict, Lebanon and Israel agreed to launch talks via U.S. mediation over …

The United States on Tuesday slammed Turkey’s renewed push to send a vessel to carry out seismic surveys in the eastern Mediterranean, accusing Ankara of unilaterally stoking tensions and “deliberately” complicating the resumption of talks with Greece. “The United States deplores Turkey’s October 11 announcement of renewed Turkish survey activity …

Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters. The U.S.-mediated talks follow three years of intense diplomacy by Washington and were announced less than a month after the …

Tourism in Uzbekistan has always drawn people from far and wide. For anyone who knows about the country, this is easy to understand – bright colours, intricate patterns, rich flavours, and friendly people await every visitor. Traces remain of great empires that have long since been blown away by the …

Lebanon and Israel have agreed to a framework for U.S.-mediated talks aimed at ending a long-running dispute along the border between the two nations that have fought several conflicts. Still in a formal state of war, Lebanon and Israel have contested their land and maritime borders for decades, namely over …

Venezuelan President Nicolas Maduro on Wednesday pledged to improve gasoline output and distribution in the fuel-starved nation, as the second of three Iranian tankers carrying fuel entered the South American country’s waters. The once-prosperous OPEC nation is struggling under a collapsing oil industry and U.S. sanctions that have crippled imports …

The Egyptian Foreign Ministry has condemned derogatory remarks made by the Turkish foreign minister, days after a Turkish attempt to open a dialogue with Egypt was rejected by Cairo. The spokesperson of the Ministry of Foreign Affairs, Ahmed Hafez, denounced the foreign minister’s comments made in a conversation with a …

Turkey will send a second drill ship to operate in the Black Sea, Energy Minister Fatih Donmez said on Sunday, weeks after Ankara announced its largest ever natural gas discovery in the area. “Our drill ship Kanuni, whose preparation work is continuing, will start drilling in the Black Sea,” he …

Russian Foreign Minister Sergei Lavrov told Cyprus on Tuesday that Moscow was ready to help mediate in any talks with Turkey over energy exploration in the east Mediterranean Sea. A decades-old rift between Turkey and Cyprus, which is backed by Greece, has come to a head this year in disputes …

President Tayyip Erdogan told European Council President Charles Michel on Sunday the EU’s stance towards the East Mediterranean would be a test of its sincerity, calling on it to take an impartial stance in Turkey’s row with Greece. NATO allies Turkey and Greece have been locked in a dispute over …

Turkish President Recep Tayyip Erdogan issued new threats to Greece on Saturday as Turkish forces prepared to conduct military exercises in the Eastern Mediterranean amid tension over oil and gas rights. The temperature has soared in the dispute between the two countries since Turkey deployed a research vessel and an …

Greece and Turkey have agreed to talks to avoid accidental clashes in the Eastern Mediterranean, NATO Secretary-General Jens Stoltenberg said on Thursday, part of efforts to defuse the worsening dispute over energy resources in the region. Germany is also leading a diplomatic push for broader dialogue and German Chancellor Angela …