Türkiye’s state-owned Turkish Petroleum Corporation (TPAO) has secured two exploration blocks — one onshore and one offshore — in Libya’s first oil and gas licensing round in 17 years.

The government of the Australian state of Queensland on Tuesday approved new oil and gas exploration in a region the industry says could become the country’s first major new oil province in decades.

Türkiye’s national energy company Turkish Petroleum (TPAO) and US energy major Chevron have signed a memorandum of understanding to assess potential cooperation in oil and natural gas exploration and production, Türkiye’s energy and natural resources minister said on Thursday.

Türkiye’s state-run Turkish Petroleum Corporation (TPAO) and Hungary’s MOL have signed an agreement to launch joint oil and natural gas exploration and production at two sites in Hungary.

Türkiye and Pakistan signed an agreement Tuesday for jointly bidding for offshore oil and gas exploration across 40 blocks in the South Asian country.

Türkiye's seismic research vessel, Oruc Reis, has arrived off the coast of Somalia to commence its search for oil and natural gas, Minister of Energy and Natural Resources Alparslan Bayraktar announced on Friday.

Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said.

Türkiye has signed a deal with Somalia for oil and gas exploration in three offshore blocks. The agreement was announced by Turkish Energy and Natural Resources Minister Alparslan Bayraktar, News.Az reports citing local media.