Oil and gas

Turkey to issue new drilling licenses in eastern Mediterranean amid rising tensions

Following escalations Aug. 10 between Turkey and Greece over contested areas of the eastern Mediterranean, Ankara officials said they would issue new exploration licenses in the region this month.

Diego Cupolo | Oil and gas | Aug 11, 2020
al-monitor This picture taken on Aug. 23, 2019, in Istanbul shows a view of Turkish General Directorate of Mineral Research and Exploration's (MTA) Oruc Reis seismic research vessel docked at Haydarpasa port, which searches for hydrocarbon, oil, natural gas and coal reserves at sea. Photo by OZAN KOSE/AFP via Getty Images.

Greece calls on Turkey to stop renewed gas exploration activities in East Med

As Turkish vessels are dispatched near Greek territorial waters, analysts say tensions in the eastern Mediterranean Sea could quickly escalate if leaders on both sides do not reengage in diplomatic talks.

Diego Cupolo | Oil and gas | Aug 10, 2020

Intel: Amid maritime deal with Egypt, Greece invites UN court to settle sea dispute with Turkey

Greek Prime Minister suggests that if no agreement can be reached, his country's dispute with Turkey over a maritime boundary should go to an international court.

Joe Snell | Maritime strategy | Aug 7, 2020

The Takeaway: Will catastrophe reshape Lebanon’s social contract?

The scoop on the Syrian Kurdish oil deal; Sisi to challenge Erdogan in Iraq and Syria; Lapid leads list of contenders to challenge Bibi; don’t shortchange Iraq’s resilience.

Andrew Parasiliti | Israeli elections | Aug 5, 2020

Can Syria's Kurds reel in Turkey with profits from American oil deal?

The recent deal signed between the SDF and a US oil company is as much about political brinkmanship as oil.

Amberin Zaman | Oil and gas | Aug 4, 2020