Latest news
Bulgaria gives up on connecting to Nabucco
According to the declaration of the Bulgarian Economy Minister, Traicho Traikov, the country has dropped its plans to link the future gas interconnection with Turkey to the Nabucco pipeline.
read more... 28/06/2011
Turkey gives the green light to the South Stream Gas Pipeline Project
Gazprom has won the permit from Turkish authorities to get on with offshore prospecting on its huge South Stream project in the Black Sea.
read more... 11/04/2011
EU considers fusion between Nabucco and ITGI gas pipeline projects
EU officials are interested in a fusion between Nabucco, a Turkey-Austria pipeline, and ITGI (Interconnector Turkey-Greece-Italy), two strategic gas projects in order to carry gas from Azerbaijan to Europe and to reduce the Russian dependence on gas supplies.
read more... 18/02/2011
Indian Oil to build an oil and gas refinery in Turkey
Jyotiraditya Scindia, the minister of state, commerce and industry declared on Friday that Indian Oil Corporation (IOC) plans to build an oil and gas refinery with a yearly processing capacity of 15 million tons in Turkey.
read more... 07/02/2011
Turkey state oil firm plans to invest 4 billion USD in 3 years
The general manager of Turkey’s national oil and natural gas exploration company, TPAO, announced that they’re going to invest 4 billion USD in the forthcoming 3 years and to drill 500 oil wells in the next 5 years.
read more... 22/09/2010