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Turkey, Shell agree to partner on gas exploration in Iraq

By The Shade ⋅ November 23, 2008 ⋅ Post a comment

Two Turkish companies will explore and manage natural gas in Iraq with Shell Energy, a multinational oil company, the Energy and Natural Resources Ministry said on Thursday.
The Turkish Petroleum Corporation (TPAO), the state-owned Turkish Pipeline Corporation (BOTA?) and Shell Energy Europe B.V. signed a preliminary contract to explore, manage, transport and market natural gas […]

Turkey to transport BTC oil to India

By The Shade ⋅ November 23, 2008 ⋅ Post a comment

Turkey will transport oil to India via an extension of the Baku-Tbilisi-Ceyhan (BTC) pipeline, which transports Azerbaijani oil to international markets, according to an agreement the two countries signed yesterday during Prime Minister Recep Tayyip Erdo?an’s visit to the Subcontinent.
India, with its 1.2 billion people, has one of the highest demands for oil […]

Turkey to explore oil and natural gas in Black Sea

By The Shade ⋅ November 20, 2008 ⋅ Post a comment

Turkey will explore for oil and natural gas in the Black Sea, authorities said on Wednesday. Turkey’s Petroleum Corp. (TPAO) signed on Wednesday a cooperation agreement with U.S. ExxonMobil Exploration company to explore for oil and natural gas beneath the Black Sea.
TPAO’s director general Mehmet Uysal and ExxonMobil’s vice president Elwyn Griffiths put their […]

Turkey, Iran sign natural gas agreement

By The Shade ⋅ November 20, 2008 ⋅ Post a comment

Turkey and Iran signed on Monday a memorandum of understanding to improve cooperation in the field of natural gas and to launch current projects. Turkish Energy Minister Hilmi Güler and Iranian Oil Minister Qolam Hosein Nozari signed the agreement which Güler said “would have positive reflections on both the regional as well as global levels.” […]

PwC: Turkish economy to recover only in 2010

By The Shade ⋅ November 18, 2008 ⋅ Post a comment

Adnan Nas, general manager for Turkey of PricewaterhouseCoopers (PwC), one of the world’s largest professional services firms, said yesterday that the country’s economy would recover and continue to grow in 2010 at the earliest.
Nas said he feared Turkey would face serious stagnation in the next year. “As the balance sheets of Turkish companies […]

Turkey and Iran look to boost cooperation

By The Shade ⋅ November 18, 2008 ⋅ Post a comment

Energy and Natural Resources Minister Hilmi Güler said yesterday that Turkey and Iran could boost current cooperation by making better use of energy resources and opportunities.
Meeting with his Iranian counterpart, Parviz Fatah, on the third day of a visit to Iran, Güler said the two countries could undertake larger projects by working together. He […]

Natural gas negotiations continue between Turkey, Iran

By The Shade ⋅ November 17, 2008 ⋅ Post a comment

Negotiations over the renewal of natural gas purchase agreements are continuing between Iranian and Turkish delegates, and the signing of a memorandum of understanding is only a matter of time, officials have said.
Turkish Energy and Natural Resources Minister Hilmi Güler and Iranian Petroleum Minister Qolam Hosein Nozari, each supported by a group of […]

Gül urges energy cooperation to boost peace

By The Shade ⋅ November 16, 2008 ⋅ Post a comment

Turkish President Abdullah Gül said on Friday that energy cooperation can contribute to peace in the south Caucasus. Speaking at the International Energy Summit in the Azerbaijani capital of Baku, Gül said he strongly believed that regional cooperation in energy would also contribute to stability and improved living conditions.
“Energy safety requires development of cooperation among […]

Here is the roadmap for accession to EU

By Sam ⋅ August 18, 2008 ⋅ Post a comment

According to the national program to change Turkey’s habits, in the upcoming period, the environment will be of priority.
The financial system will be changed completely; taxes will be redefined. Revolutionary changes will be made on corporate health and consumer rights.
Prime Minister Erdo?an will announce the national program to cover the steps for accession to the […]

Ak Party Survives, Market Jubilation Expected

By Sam ⋅ July 31, 2008 ⋅ Post a comment

AK PARTY SURVIVES, MARKET JUBILATION EXPECTED (TODAY’S ZAMAN)
Investors in Turkish stocks, bonds and the lira are expected to welcome the Constitutional Court’s decision to refrain from banning the ruling Justice and Development Party (AK Party) with satisfaction based on a surge in confidence seen over the past three days.
Investors had started to rely on their […]