Türkiye’s state-owned Turkish Petroleum Corporation signed a joint venture agreement with U.S. oil giants Continental Resources and TransAtlantic Petroleum, Turkish Energy Minister Alparslan Bayraktar announced.
The partnership aims to develop Türkiye's unconventional oil and natural gas resources in the southeastern province of Diyarbakir.
"The project, which will be implemented using the latest environmental and technological practices, will also include training for the local workforce and the transfer of technical expertise," Bayraktar stated on X.
"This cooperation will make a significant contribution to our goal of integrating Türkiye's oil and gas resources into our economy.
"I hope that this agreement, which marks a new era in oil exploration in Türkiye, will be beneficial for all parties," he added.
Continental Resources is one of the largest oil producers in the U.S., while TransAtlantic Petroleum has been operating in Türkiye for 17 years.
Turkish Petroleum has been expanding its network of international partnerships, having collaborated with Azerbaijan, Libya, Somalia, and Russia. In January, the company's CEO, Ahmet Turkoglu, hinted at further cooperation with Libya.
The younger son of Hollywood filmmaker and political activist Rob Reiner was formally charged on Tuesday (16 December) with first-degree murder in the...
Police in Australia said on Wednesday (17 December) they had charged a man who allegedly opened fire on a Jewish event on Sydney's Bondi Beach with 59...
U.S. President Donald Trump has ordered a "blockade" of all sanctioned oil tankers entering and leaving Venezuela on Tuesday (16 December), in Washing...
Austria’s public broadcaster ORF, which is hosting the Eurovision Song Contest next year, has said it will not block Palestinian flags in the audien...
Citizens from an additional seven countries, including Syria, are being banned from travelling to the U.S. from the 1st of January next year. Presiden...
The fourth European Conference on Azerbaijani Studies was held in Vienna, Austria, on 5 December, by the European Network for Azerbaijani Studies and the Strategic Consultancy Group.
Türkiye says it aims to increase trade with Turkic states to $60 billion in the medium term and $100 billion in the long term, President Recep Tayyip Erdoğan announced on Monday.
Turkish Foreign Minister Hakan Fidan says international cooperation is essential for Syria’s recovery as investment slowly begins to return despite the scale of destruction after years of conflict.
Ukraine’s navy says Russia deliberately attacked a Turkish civilian vessel carrying sunflower oil to Egypt with a drone in the Black Sea, escalating pressure on maritime shipping linked to Ukrainian exports.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
Fighting along the Thailand–Cambodia border has entered a fifth consecutive day, despite U.S. President Donald Trump claiming he had brokered a ceasefire between the two sides.
Authorities discovered the lifeless bodies of renowned filmmaker Rob Reiner, aged 78, and his wife, Michele Reiner, 68, in their upscale Brentwood home in Los Angeles on Sunday. The police investigation has labeled the incident an apparent homicide.
Schools across Cambodia and Thailand were forced to close on Monday (15 December) as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
Cambodia must be the first to declare a ceasefire in the ongoing border conflict, Thailand said on Tuesday (16 December), as fighting continued despite earlier claims that hostilities would stop and at least 52 people have been killed on both sides.
Ford Motor Company said on Monday it will take a $19.5 billion writedown and scrap several electric vehicle (EV) models, marking a major retreat from its battery-powered ambitions amid declining EV demand and changes under the Trump administration.
Iran has rolled out changes to how fuel is priced at the pump. The move is aimed at managing demand without triggering public anger.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points to a range of 3.50% to 3.75% following its two-day policy meeting, according to an official statement issued on Wednesday, 10 December.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment