• 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
  • 10 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 hours Could Someone Give Me Insights on the Future of Renewable Energy?
  • 6 hours How Far Have We Really Gotten With Alternative Energy
  • 7 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 3 days Bankruptcy in the Industry
  • 3 days The United States produced more crude oil than any nation, at any time.
New Russian Sanctions Spark Metal Market Volatility

New Russian Sanctions Spark Metal Market Volatility

Sanctions on Russian copper, aluminum,…

China Dominates Global Hydropower Generation

China Dominates Global Hydropower Generation

China is the undisputed global…

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