Tag: Turkey
Turkey-Israel deal set to start a Middle East gas bonanza
Potential Israel natural gas collaboration with Egypt, Jordan would also ensure stability of two major US Arab allies in region fraught with instability By Aurangzeb Qureshi With Turkey and Israel about to restart diplomatic relations after a six-year hiatus, it would be remiss to not mention the role of natural gas in the deal. In 2010, Israel discovered the Leviathan […]
Turkey’s aborted coup draws attention to nation’s role in oil and gas transit for volatile region
Turkish Straits busy route for oil tankers, oil and gas pipelines increasingly important to Russia, Europe, Middle East Friday’s attempted coup in Turkey has shone a spotlight on the country as an important route for energy transportation, especially for oil and gas headed to Europe and other Atlantic markets from Russia, the Caspian region, and the Middle East. Growing volumes […]
Islamic State lost 22% of territory in past 15 months due to declining oil revenues
“The Islamic State is increasingly isolated, and being perceived as in decline.” – IHS report on ISIS A new report says the Islamic State is rapidly losing territory, partly because much of the Islamic fundamentalist group’s oil revenue dried up as a result of US-led Coalition and Russian airstrikes during 2015. According to IHS Inc., between Jan. and Dec. 2015, […]
GE announces 1.4 gigawatts of Dec. wind turbine orders
Lincoln Clean Energy/Starwood selected GE’s new 2.3-116 turbines for Horse Creek wind farm, a 230 MW project in northern Texas GE Renewable Energy, a division of industrial giant GE and the world’s largest renewable energy equipment manufacturer, says it secured 1.4 gigawatts of firm and unconditional wind turbine supply orders in the month of Dec. The agreements […]
Turkish president, family benefit from illegal ISIS oil trade: Russian military
Turkish leader denies connection with ISIS MOSCOW _Sharply raising the stakes in Moscow’s spat with Ankara, Russia’s top military brass on Wednesday accused Turkish President Recep Tayyip Erdogan and his family of personally profiting from oil trade with Islamic State militants. The bluntly-worded accusations follow Turkey’s downing of a Russian warplane at the Syrian border […]
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