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Business Turkey

  • *OPEC, non- OPEC ministers to meet on July 24 in Russia. ISTANBUL/ LONDON, July 10- Libyan and Nigerian officials may attend a joint meeting between OPEC and non- OPEC nations later this month as oil producers look for ways to cap rising production to help support oil prices. Six ministers from OPEC and non- OPEC nations including Kuwait, Venezuela, Algeria, Saudi Arabia,...

  • ISTANBUL, July 10- The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, Saudi Aramco's chief executive said on Monday. Unconventional shale oil and alternative energy resources are an important factor to help meet future demand but it is premature to assume that they can be...

  • *OPEC, non- OPEC ministers to meet on July 24 in Russia. ISTANBUL/ LONDON, July 10- Libya and Nigeria may attend a joint meeting between OPEC and non- OPEC this month, Russia's energy minister said on Monday, as oil producers look for ways to cap rising production to help support oil prices. Six ministers from OPEC and non- OPEC nations including Kuwait, Venezuela, Algeria,...

  • *OPEC, non- OPEC ministers to meet on July 24 in Russia. ISTANBUL/ LONDON, July 10- Libya and Nigeria may attend a joint meeting between OPEC and non- OPEC this month, Russia's energy minister said on Monday, as oil producers look for ways to cap rising production to help support oil prices. Six ministers from OPEC and non- OPEC nations including Kuwait, Venezuela, Algeria,...

  • ISTANBUL, July 10- NITC, Iran's leading oil tanker operator, said on Monday its shipments to Europe were increasing daily and the company plans to upgrade its fleet to support expansion. International sanctions on Iran were lifted in January 2016 and NITC is looking to come in from the cold after years of isolation. Iran has steadily reconnected with buyers...

  • *OPEC, non- OPEC ministers to meet on July 24 in Russia. ISTANBUL/ LONDON, July 10- Libya and Nigeria may attend a joint meeting between OPEC and non- OPEC this month, Russia's energy minister said on Monday, as oil producers look for ways to cap rising production to help support oil prices. Six ministers from OPEC and non- OPEC nations including Kuwait, Venezuela, Algeria,...

  • *Iran hopes to attract BP, Lukoil and Gazprom among others. ISTANBUL, July 10- Iran is readying its first round of oil and gas exploration tenders since the easing of economic sanctions, hoping to attract the likes of BP and Gazprom, an Iranian energy official said on Monday. France's Total last week became the first major to sign a post-sanctions development deal...

  • NEW DELHI, July 10- Indian energy company ONGC Videsh will bid in an upcoming auction to explore and develop gas fields off the coast of Lebanon, India's oil minister said on Monday. Indian oil minister Dharmendra Pradhan, leading a delegation at the World Petroleum Congress in Istanbul, made the comment in a Tweet after meeting with Lebanese Energy and Water...

  • German riot police stand in front of protestors during the demonstrations during the G20 summit in Hamburg, Germany, July 6, 2017.

    Protests dubbed "Welcome to Hell" grew heated Thursday as world leaders arrived for the G-20 Summit in Hamburg, Germany.

  • Merkel wants G-20 to focus on climate change, refugees

    CNBC's Annette Weisbach reports from Hamburg, Germany, saying that bilateral talks will dominate the upcoming G-20 world leaders' summit.

  • Steve Green in the basement of the Washington Design Center, which was recently demolished as part of the construction for the Bible Museum. Steve Green and his family, owners of the Hobby Lobby, are building the Bible Museum.

    Hobby Lobby has agreed to forfeit thousands of illegally smuggled Middle Eastern artifacts, the company and U.S. officials said.

  • Minister of Foreign Affairs of the United Arab Emirates Abdullah bin Zayed Al Nahyan (2nd L), Saudi Arabian Foreign Minister Adel bin Ahmed Al-Jubeir (L), Foreign Minister of Egypt Sameh Shoukry (2nd R) and Bahrain Foreign Minister Khalid bin Ahmed Al Khalifa (R) gather to attend a meeting regarding Qatar crisis in Cairo, Egypt on July 05, 2017.

    Qatar is unlikely to accede to 'humiliating demands by Saudi Arabia, former U.S. diplomat Theodore Kattouf says.

  • *Airlines say ban lifted on flights from Dubai, Istanbul. DUBAI/ ISTANBUL, July 5- The United States has lifted the in-cabin ban on laptops and other large electronic devices on U.S.-bound flights from Dubai and Istanbul, Emirates and Turkish Airlines said on Wednesday. Emirates and Turkish Airlines are the only airlines that operate direct flights from Dubai...

  • *Airlines say ban lifted on flights from Dubai, Istanbul. DUBAI/ ISTANBUL, July 5- The United States has lifted the in-cabin ban on laptops and other large electronic devices on U.S.-bound flights from Dubai and Istanbul, Emirates and Turkish Airlines said on Wednesday. Emirates and Turkish Airlines are the only airlines that operate direct flights from Dubai...

  • An Etihad Airlines plane from Abu Dhabi prepares to land at Los Angeles International Airport.

    The U.S. has lifted the in-cabin ban on laptops and other large electronic devices on U.S.-bound flights from Dubai and Istanbul, Emirates, and Turkish Airlines.

  • *Airlines say ban lifted on flights from Dubai, Istanbul. DUBAI/ ISTANBUL, July 5- The United States has lifted the in-cabin ban on laptops and other large electronic devices on U.S.-bound flights from Dubai and Istanbul, Emirates and Turkish Airlines said on Wednesday. The Dubai- based carrier cut flights to five U.S. cities from May, though has since said demand was...

  • New high-rise office buildings and hotels build the skyline opposite the promenade at the Al Corniche road on December 30, 2010 in Doha, Qatar.

    Qatar is likely to reject most demands put forward by Saudi Arabia and its allies, a former U.S. ambassador to the country said Tuesday.

  • Staff work inside the headquarters of Al Jazeera Media Network, in Doha, Qatar June 8, 2017.

    Four Arab states agreed to extend until late on Tuesday a deadline for Qatar to comply with a list of demands.

  • U.S. Secretary of State Rex Tillerson (R) meets with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani at the State Department in Washington, U.S., June 27, 2017.

    A diplomatic crisis over Qatar is turning into a protracted standoff, and some analysts now say the risk of armed conflict is emerging.

  • NEW YORK, June 26- The Federal Reserve's little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington. Treasury and other government departments have turned to these otherwise confidential accounts several times a year to analyze the asset holdings...