Foreign Minister Mevlüt Çavuşoğlu said Monday that Turkey could start drilling in the Eastern Mediterranean this autumn as the country had already purchased a platform. Source: Yeni Safak
The BP-owned Suezmax British Heritage is reported to be waiting out an Iranian threat to seize a UK tanker, anchoring up off the coast of Saudi Arabia instead of transiting close to Iran’s shores. Source Maritime-Executive
Indicating that there is still some confusion in India’s position on stopping oil imports from Iran in line with sanctions by the United States, the government said on Wednesday that it does not propose to cancel trade, including oil imports, from Iran. Source The Hindu
Saudi Arabia still plans to launch the long-delayed initial public offering of Saudi Aramco, the world’s largest crude oil exporter, in 2020 or 2021, oil minister Khalid al-Falih said Tuesday. Source S&P Global
