Offshore drilling: Turkey slams the EU claim that drilling for oil in Cypus territorial waters is illegal

TURKEY. Turkey slams EU claim that drilling off Cyprus is illegal Turkey said on Wednesday it rejected Greek and European Union assertions that Turkish drilling for gas and oil off Cyprus was illegitimate, saying they showed the EU could not be an impartial mediator on the Cyprus problem.

Read more at;
https://www.france24.c  om/en/20190710-turkey-cyprus-offshore-drilling-european-union

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Energy Supplies: Norway and Russia agree to joint oil and gas exploration

Norway's Statoil and Russia's Rosneft have signed agreements that will result in their Joint Venture to explore offshore frontier areas in the Sea of Okhotsk and in the Barents Sea.

The companies have also concluded a Heads of Agreement to explore shale oil opportunities in the Samara region.

The agreements were signed by Statoil CEO Helge Lund and Rosneft Chairman and President Igor Sechin in St. Petersburg during the International Economic Forum, and Statoil and Rosneft have made another significant step forward in the partnership entered into on 5 May 2012 between the two companies.

 Read more: Norway and Russia agree to joint oil and gas exploration