Energy

Turkey warns against Israel-Cyprus gas deal

Turkey warns against Israel-Cyprus gas deal

By Itai Trilnick and Reuters | 13:34 27.01.13 | 11

Israel's energy cooperation with Cyprus would stand in the way of any proposed Israel-Turkey natural gas pipeline, Turkey's deputy minister for energy and natural resources told an Israeli emissary last week. The meeting took place at the Eurasian Economic Summit held in Istanbul, according to the Turkish newspaper Hurriyet Daily News.

Baghdad repeats Exxon ultimatum: Kurdistan or south Iraq

Baghdad repeats Exxon ultimatum: Kurdistan or south Iraq

by Staff Writers
Baghdad (AFP) Jan 27, 2013

 

The Iraqi oil minister on Sunday reiterated an ultimatum to US energy giant ExxonMobil: to choose between working in southern Iraq and a controversial exploration deal with the autonomous Kurdish region.

China's Delicate Dance with North American Energy Interests

China's Delicate Dance with North American Energy Interests

By Chris Faulkner, President and CEO Breitling Oil nand Gas
Washington DC (SPX) Jan 23, 2013

 

Chris Faulkner.
With oil and gas reserves in the U.S., Canada and Mexico becoming ever more accessible through new technologies, the U.S. is now, finally, well-positioned to achieve its dream of energy security. But news of Canada approving China National Offshore Oil Corporation's (CNOOC) bid to buy Nexen, Inc. sent shivers through many a spine: do China's increased North American interests pose a threat to the U.S. dream of energy security?

Algerian energy sector faces risky future

Algerian energy sector faces risky future

by Staff Writers
Algiers, Algeria (UPI) Jan 23, 2013

 

Algeria is strategically important to Europe as a source of natural gas and expanding its energy potential is vital to compensate for declining supplies from the North Sea.
But that could be at risk because of growing security concerns following last week's four-day seizure of a major gas complex in the desert, and more critically, a power struggle for political supremacy amid growing national discontent.

Turkey and hydrocarbons in Iraq

Turkey and hydrocarbons in Iraq

ABDULLAH BOZKURT
a.bozkurt@todayszaman.com

Turkey's energy policy on hydrocarbons, crucial for the fueling of a growing Turkish economy, was given a facelift a few years back with the expectation of Iraq coming back to the oil and possibly gas market. Therefore, Turkey hedged its bets according to good neighborly ties with the Baghdad government and played a key role in bringing about political stability in the country by convincing Sunnis to engage in the political process.

Iraq: Danger looms as Kurds export oil

Iraq: Danger looms as Kurds export oil

by Staff Writers
Erbil, Iraq (UPI) Jan 11, 2013

 

disclaimer: image is for illustration purposes only
Iraq's independence-minded Kurds, locked in confrontation with the central government over disputed land, have sharpened tensions with Baghdad by exporting oil directly to global markets through Turkey.

Syndicate content