• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 18 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 1 hour How Far Have We Really Gotten With Alternative Energy
  • 3 hours If hydrogen is the answer, you're asking the wrong question
  • 4 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 5 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 16 hours Biden's $2 trillion Plan for Insfrastructure and Jobs
  • 4 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
Aramco Boosts Dividends, But it Can Ill-Afford to Do So

Aramco Boosts Dividends, But it Can Ill-Afford to Do So

Despite experiencing a significant decline…

Turkey to Continue Prospecting for Natural Gas off Northern Cyprus

The Turkish Piri Reis exploration vessel will continue its seismic research efforts off southern Cyprus, according to a Turkish official speaking on condition of anonymity.

The Piri Reis has partially completed its work on Block 12, a contested zone where the Republic of Cyprus has also begun drilling for oil and natural gas.

While the Turkish media referred to a story published by the Greek Cypriot daily Phileleftheros, which said that two Israeli F-15 jets flew through the Greek Cypriot and Turkish Cypriot airspace and harassed the vessel, Piri Reis Captain Umut Yenice said, “We worked safely, and war jets watched us 24 hours a day,” after the ship completed its seismic data collection studies in a 445 square-mile zone around Cyprus under an exploration license from the Turkish Republic of Northern Cyprus granted by the TRNC Council of Ministers to the state-owned Turkiye Petrolleri Anonim Ortakligi (Turkish Petroleum Corporation, or TPAO) to explore for oil and natural gas in the sea around Cyprus.

Yenice said, "We began seismic studies on 26 September, and we have completed our studies in an almost 445 square-mile zone in about ten days," Istanbul’s Hurriyet newspaper reported.

By. Charles Kennedy, Deputy Editor OilPrice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News