Eurasia Journal News

Shale Oil Reserves in the Southeastern Region of the Republic of Türkiye Are Estimated at 6.1 Billion Barrels

Shale oil reserves in the southeastern Diyarbakir Basin of the Republic of Türkiye are estimated at 6.1 billion barrels, according to assessments by Continental Resources, a U.S.-based oil company. This was announced by the Minister of Energy and Natural Resources of Türkiye, who noted that such a volume of resources …

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Eurasia Journal News

Ankara Plans to Develop Gas Reserves on Bulgaria’s Continental Shelf

Turkey intends to sign an agreement next month that will allow the state-owned energy company Turkish Petroleum Corporation (Türkiye Petrolleri Anonim Ortaklığı, TPAO) and a foreign partner to conduct exploration activities in a section of the Black Sea located off the coast of neighboring Bulgaria, the Turkish Ministry of Energy …

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