Oil and gas

Egypt announces international anti-Turkey alliance

Egypt announced an international alliance that includes Greece, Cyprus, the United Arab Emirates and France to confront Turkish provocative moves in Libya and the Mediterranean.

George Mikhail | Oil and gas | mai 31, 2020
al-monitor Turkish drilling vessel Yavuz is escorted by Turkish navy frigate TCG Gemlik (F-492) in the eastern Mediterranean Sea off Cyprus, Aug. 6, 2019. Photo by REUTERS/Murad Sezer.

Fourth Iranian tanker reaches Venezuela as US ups pressure

A State Department official said it is warning companies about doing oil-related business with Venezuela as the ships continue to arrive.

Adam Lucente | Iran-US tensions | mai 29, 2020

Libya says oil blockade has cost $5 billion in lost revenue

The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses.

Al-Monitor Staff | Libya conflict | mai 28, 2020

Is Turkey on moderation path in its foreign policy?

Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties.

Fehim Tastekin | Defense/Security cooperation | mai 23, 2020

Global oil prices at highest since March following OPEC cuts

Oil prices have fallen significantly this year as a result of the coronavirus and the Saudi-Russia price war, but Brent crude has now risen past $36.

Al-Monitor Staff | Oil and gas | mai 21, 2020