content tagged with oil

Kirkuk pipeline to be closed as Turkey fined 1.4 billion dollars in arbitration case won by Iraq

Kirkuk pipeline to be closed as Turkey fined 1.4 billion dollars in arbitration case won by Iraq

The production halt of the 450,000 barrels of oil per day might be a blow to the KRG's economy. Baghdad welcomed the decision.

Ministry: Türkiye to bar uninsured oil tankers from passing through straits

Ministry: Türkiye to bar uninsured oil tankers from passing through straits

"We do not take the risk that the insurance company will not cover its liability in the event of a catastrophic accident that may occur if a sanctioned ship or cargo passes through the Turkish Straits," said the Transportation Ministry.

9 December 2022

Nationalist party leader Bahçeli accuses CHP of ‘orchestrating’ oil crisis in Turkey

Nationalist party leader Bahçeli accuses CHP of ‘orchestrating’ oil crisis in Turkey

Nationalist Movement Party (MHP) leader Devlet Bahçeli: “There may be a meal without oil, but there is no such thing as Turkey without tomorrow! We have oil, we have fuel, we have flour, we have salt…”

Pentagon: Northern Syrian Oil Revenue will Go to SDF

Pentagon: Northern Syrian Oil Revenue will Go to SDF

US Department of Defense (Pentagon) Chief Spokesperson Jonathan Hoffman has addressed the allegations that the oil revenue to be collected in northern Syria will go to US companies.

20 November 2019

Oil Assurance by Turkey to Iraq

Oil Assurance by Turkey to Iraq

Iraq has declared that Turkey would maintain oil export with the government of Baghdad, and PM Yıldırım has said, “Turkey will now run all its economic, business and diplomatic relations with Iraq through the central government”.

28 September 2017

Russia: 12,000 Oil Tankers on Turkey-Iraq Border

Russia: 12,000 Oil Tankers on Turkey-Iraq Border

Russian General Staff Spokesperson Rudskoy has announced that they have detected 11,775 oil tankers on the border of which 4,530 are on the Turkish and 7,245 others are on the Iraqi side.

25 December 2015

Exclusive Area of Conflict

THE NEW CYPRUS ISSUE

Exclusive Area of Conflict

Tensions between Turkey and Southern Cyprus are fuelled by the dispute about oil and gas resources in the eastern Mediterranean. Dr. Cengiz Aktar from Bahçeşehir University evaluated the situation for bianet, including its legal and political background and its future potential.

20 September 2011 Yüce Yöney