It will be a short meeting with long wish lists and an even longer list of potential consequences.

U.S. Secretary of State Rex Tillerson is in Ankara today for his first official visit with his Turkish counterpart, Mevlut Cavusoglu.

• U.S. secretary of state says there’s ‘no space’ between Turkey, U.S. in determination to defeat ISIS

The United States and Turkey, NATO allies, have a long history and an important friendship – but the love is hardly unconditional. This meeting will be one of a series that will help determine the conditions of the relationship in the future. Whether it thrives or dies will have serious implications for both countries. (more…)

Monetising the Aphrodite gas field is a top priority for the government, which based on expected future gas finds is also looking at options, including a liquefaction terminal at Vassilikos, President Nicos Anastasiades said on Wednesday.

In his speech at the 8th Mediterranean Oil and Gas Forum in Nicosia, Anastasiades presented the government’s strategy for the development of the hydrocarbons sector, which includes improved cooperation among the region’s countries. (more…)

Download program from the below PDF link:

Agenda 8th Mediterranean Oil and Gas Forum 2017_20170224

Download the agenda from the above link

In September 2010, the Organization of the Petroleum Exporting Countries (OPEC) marked its 50th anniversary, but most of the world’s leading social, economic and environmental bodies did not join in the celebrations.
The milestone provided what should have been a fitting backdrop for recognition of the very real accomplishments of OPEC’s past and present and the role it is likely to play in the future. The organization’s resources and policies have evolved to the point where it is now an indispensable partner on multiple levels: its determination to maintain security of supply contributes to world economic stability, its dominant position in the energy industry gives it vital influence over measures to protect the environment, and closer coordination with it could help multilateral institutions to better serve human development around the globe. (more…)

Lebanon is finally getting serious about developing its offshore oil and gas reserves thanks to a reduction in domestic political tensions, a senior industry veteran told a high-profile energy conference in Athens on Thursday. (more…)

Introduction

Sustainability of the global environmental as an integral part of a sustainable economic development policy and strategy is gaining prominence and attention of world leaders and economic development policy advisers and strategists. The high and the more frequent incidents of the devastating impacts of natural disasters due to the changing climatic conditions has become the wake-up call that we should not expect the global environment to sustain us, as an independent world, if we continue the assault on the global environment. Access to adequate water for economic activity, as well as its desired quality for human consumption and to clean and affordable energy are vital to our survival in this interdependent world of ours, and should be an integral part of the economic development agenda. (more…)