Tuesday, September 13 2011 , Your time is 15:58:00
The Trans-Anatolian Natural Gas Pipeline (TANAP) will create more than 15,000 new jobs and make a great economic contribution to the participating countries, according to the State Oil Company of Azerbaijan (Socar), which is conducting the project.
HOUSTON - Reuters
BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history.
ISTANBUL - Reuters
BP Turkey will open 40 new fuel stations in Turkey this year, despite making losses at the moment, BP Turkey manager Martin Thomsen said in a June 26 press meeting with Doğuş Automotive to announce a joint campaign
Turkey and Russia’s Gazprom are likely to finalize a deal on natural gas prices by mid-July, Turkish officials told Reuters, after Ankara warned last week it could seek international arbitration if they failed to agree
Turkey’s Energy Market Regulatory Authority (EPDK) announced June 25 that it granted a pre-license to Akkuyu Nuclear Joint Stock Company for 36 months for Turkey’s first nuclear power plant.
WASHINGTON - Reuters
The Obama administration dealt a setback to Royal Dutch Shell's Arctic oil exploration plans on June 30, saying established walrus and polar bear protections prevent the company from drilling with two rigs simultaneously at close range, as it had planned.
ANKARA - Anadolu Agency
Iran and Turkey need to form a new natural gas deal to gain price discounts in the gas trade, Iranian Ambassador to Turkey Alireza Bikdeli said on late June 22
KIEV - Agence France-Presse
Ukraine announced on June 30 the immediate suspension of all Russian gas purchases after EU-mediated negotiations aimed at keeping supplies running for at least three more months broke down.
A total of 29 hydroelectric and gas-turbine powered power plants of the Turkish Electricity Generation Corporation (EÜAŞ), and Turkey’s state-run oil company TPAO’s oil distribution unit, TP Petrol Dağıtım, have been put under a privatization program
LONDON/BENGALURU - Reuters
Iran will increase its oil exports by up to 60 percent within a year if it can agree a nuclear deal with world powers bringing an end to sanctions, a Reuters survey of analysts said on July 1
Ankara has granted permission for offshore research relating to the planned Turkish Stream gas pipeline, Russia’s Gazprom said on June 22
ANKARA / ARBIL - Reuters
Iraq’s semi-autonomous Kurdistan region (KRG) has ramped up independent oil sales since mid-June while cutting allocations to Iraq’s state oil firm SOMO in an escalating dispute over export rights and budget payments
Turkish energy giant Tüpraş has been named the country’s exports champion in 2014, while partnering foreign carmakers dominated the top 10 list of leading exporters, according to a survey by the Turkish Exporters’ Assembly (TİM)
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