Iraqi Govt Accuses Kurdish Region of Smuggling Oil
The Iraqi government on Monday accused the northern semi-autonomous region Kurdistan of smuggling oil out of the…
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Turkey
Net Profits of Al Baraka Turk Participation Bank Rise by 19% in 2011
Al Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced…
Ottoman Dynasty Eldest Member Dies
Fatma Neslişah Osmanoğlu, or Neslişah Sultan, the eldest member of the Ottoman royal family, has passed away in…
Turkey Starts Purchasing Libya Crude Oil After Iran Cut
Turkish Energy & Natural Resources Minister Taner Yildiz has said Turkish Petroleum Refineries Co. (TUPRAS) had…
Deyaar Targets Investing in Saudi and Turkey
Deyaar Development, a Dubai-based real estate developer, confirmed on Sunday it was looking for investment…
Iraq March Crude Exports Rise to Highest in Post-Saddam Era
Iraq’s crude oil exports and revenue rose in March to their highest levels in the nine years since the U.S.-led…
Turkey to cut Iran Oil Imports By a Tenth
Turkey said on Friday it will cut imports of oil from Iran by a tenth, ceding to US pressure a week after…
US to Impose Fresh Oil Sanctions on Iranian Oil Buyers
US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a…
Jordan, Palestinians Are Gas Export Priority: Israel’s Energy Minister
Uzi Landau said that the use of Israeli natural gas by our neighbors will create confidence and foster peace in the…
World Bank Launches New Lending Strategy For Turkey
The World Bank on Tuesday launched a new lending strategy for Turkey, providing up to US$4.45 billion over the next…