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Iraq’s tangled Ceyhan oil web
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
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Turkey’s grand gas hub plan, part 1: Caspian commitments?
The country is looking to position itself as a bridge for gas supplies from east to west, but whether Europe will need this gas remains to be seen
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Eastern Mediterranean Greece Turkey
Gerald Butt
Ankara
4 July 2019
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The East Med: Trouble in paradise

Overlapping claims of sovereignty in the waters off Cyprus—and conflicting premises and perceptions—add a note of uncertainty to the island’s gas development ambitions

Cyprus sees a bright energy future ahead, one where leading international oil companies (IOCs)—Eni, ExxonMobil, Total—are confident of finding more reserves of natural gas. Furthermore, a deal has been done at last that could eventually see Cypriot gas monetised for the first time. Noble Energy, Delek and Shell, partners in the Block 12 Aphrodite discovery (4.1tn ft3 of gas in place), have reached an agreement amending their production-sharing contract (PSC) with the Cypriot government. The deal, in the consortium's favour, brings the PSC into line with those signed with other IOCs operating off Cyprus. The agreement means an important step has been taken towards eventually transporting Aphr

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Iraq’s tangled Ceyhan oil web
25 July 2025
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
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25 July 2025
Mozambique’s insurgency continues, but the security situation near the LNG site has significantly improved, with TotalEnergies aiming to lift its force majeure within months
China creates two-tier oil dynamic
25 July 2025
There is a bifurcation in the global oil market as China’s stockpiling contrasts with reduced inventories elsewhere
Trump’s Russia threat rings hollow
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats

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