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Shell Drills Deeper into Turkish Hydrocarbon Exploration

Shell Drills Deeper into Turkish Hydrocarbon Exploration

Royal Dutch Shell and Türkiye Petrolleri Anonim Ortaklığı (TPAO) began exploring for shale gas last week in the eastern province of Diyarbakır’s Sarıbuğday-1 natural gas field, Energy Minister Taner Yıldız announced yesterday.

Greece Picks PGS for Offshore Oil, Gas Tests

Greece Picks PGS for Offshore Oil, Gas Tests

Greece selected Norway's Petroleum Geo-Services (PGS) to carry out offshore seismic tests in the country's south and west, the government said on Wednesday, paving the way for the launch of an oil and gas drilling bidding round in 2014.

Edano: Nuclear Exports Not Inconsistent With Japans Domestic Policy

Edano: Nuclear Exports Not Inconsistent With Japan's Domestic Policy

Japan's trade and industry minister said Tuesday that he doesn't see a contradiction between the government's policy of promoting nuclear power plant exports and its goal of reducing or eliminating the use of nuclear power at home.

Azeri Oil Fund: No Plans to Buy Hungarian Debt

Azeri Oil Fund: No Plans to Buy Hungarian Debt

Azerbaijani state oil fund SOFAZ has no plans to buy Hungarian securities or other financial instruments, the company said in an official statement late Monday, local news portal azernews.az reports.

Yemens Export Gas Pipeline Blown Up, Local Official Says

Yemen's Export Gas Pipeline Blown Up, Local Official Says

Unknown assailants Tuesday blew up a gas pipeline that feeds Yemen's liquefied natural gas to the Balhaf export terminal, a local official said, just days after it was repaired from previous sabotage.

Yildiz: TANAP Deal Set to Include Turkmen Gas

Yildiz: TANAP Deal Set to Include Turkmen Gas

The gas pipeline deal signed between Turkey and Azerbaijan last June is set to include Turkmen gas, according to Turkey’s Minister of Energy, Taner Yildiz, visiting the central Asian republic of Turkmenistan.

Iraq Plans to Make Gas-Exploration Deals More Lucrative

Iraq Plans to Make Gas-Exploration Deals More Lucrative

Iraq will make future energy exploration contracts more lucrative in a bid to lure a greater number of foreign firms to auctions for exploration blocks, a spokesman said Sunday.

Gulf Virus Attacks Seem to Be Deliberate Sabotage Attempts -Security Firm

Gulf Virus Attacks Seem to Be Deliberate Sabotage Attempts -Security Firm

Viruses that badly affected computer systems at two major oil and gas companies in the Persian Gulf appear to be deliberate attempts at sabotage, but preliminary analysis of the code doesn't point to a state-sponsored attack, said Moscow cybersecurity firm Kaspersky Lab.

Rosneft to Increase Gas Supplies to E.ON Russia

Rosneft to Increase Gas Supplies to E.ON Russia

Russian state oil giant OAO Rosneft (ROSN.RS) has signed a deal to increase natural-gas supplies to the Russian arm of Germany's E.ON AG (EOAN.XE), the companies said Monday.

Dubai Power Demand Up 3.8%, Output Rises 3% in 2Q-DEWA

Dubai Power Demand Up 3.8%, Output Rises 3% in 2Q-DEWA

Electricity demand in Dubai, the Gulf financial hub, increased 3.8% in the second quarter of 2012 on year, while production rose 3% during the same period, Dubai Electricity and Water Authority, or DEWA, said Monday.