{"id":650490,"date":"2017-03-26T03:56:06","date_gmt":"2017-03-26T03:56:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/"},"modified":"2017-03-26T03:56:06","modified_gmt":"2017-03-26T03:56:06","slug":"russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/","title":{"rendered":"Russia sees oil at USD 40 \/ bbl, Turkey rattles saber at Cyprus over oil and gas exploration"},"content":{"rendered":"<p><strong>A couple of oil and gas stories worth noting this morning:<\/strong> With OPEC members <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-24\/opec-and-allies-gather-as-oil-market-warns-them-job-s-not-done\">meeting in Kuwait<\/a> this weekend to review production, <strong>Russia is hunkering down for \u201cyears\u201d of oil at USD 40 \/ bbl<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-24\/opec-be-warned-russia-battens-down-the-hatches-for-oil-at-40\">reports Bloomberg<\/a>. Meanwhile, <strong>Turkey and Cyprus are in a spat over offshore oil and gas exploration<\/strong>, with Cyprus saying on Friday \u201cit won't give up a search for oil and gas off its shores despite a call to stop by Turkey which warned that it would \u2018take all necessary measures to protect its interests\u2019 in the eastern Mediterranean,\u201d according to an Associated Press piece <a href=\"http:\/\/www.cnbc.com\/2017\/03\/24\/the-associated-press-cyprus-gas-search-will-continue-despite-turkish-threats.html\">picked up by CNBC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A couple of oil and gas stories worth noting this morning: With OPEC members meeting in Kuwait this weekend to review production, Russia is hunkering down for \u201cyears\u201d of oil at USD 40 \/ bbl, reports Bloomberg. Meanwhile, Turkey and Cyprus are in a spat over offshore oil and gas exploration, with Cyprus saying on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650490","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"be68aa6a-e251-4491-8799-977eda66bfe9","order":"0","is_powered_by":true,"section_story_id":"cca511ba-e9b6-4907-a277-50a18b745c69","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650468],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Russia sees oil at USD 40 \/ bbl, Turkey rattles saber at Cyprus over oil and gas exploration - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia sees oil at USD 40 \/ bbl, Turkey rattles saber at Cyprus over oil and gas exploration\" \/>\n<meta property=\"og:description\" content=\"A couple of oil and gas stories worth noting this morning: With OPEC members meeting in Kuwait this weekend to review production, Russia is hunkering down for \u201cyears\u201d of oil at USD 40 \/ bbl, reports Bloomberg. Meanwhile, Turkey and Cyprus are in a spat over offshore oil and gas exploration, with Cyprus saying on [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-26T03:56:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Russia sees oil at USD 40 \/ bbl, Turkey rattles saber at Cyprus over oil and gas exploration\",\"datePublished\":\"2017-03-26T03:56:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/russia-sees-oil-at-usd-40-bbl-turkey-rattles-saber-at-cyprus-over-oil-and-gas-exploration\/\",\"name\":\"Russia sees oil at USD 40 \/ bbl, Turkey rattles saber at Cyprus over oil and gas exploration - 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Egypt, Greece and Cyprus condemned Turkey\u2019s attempts to drill for oil in Cypriot waters during a trilateral summit in Cairo yesterday, according to an Ittihadiya statement. President Abdel Fattah El Sisi, Cypriot President Nicos Anastasiades, and Greek Prime Minister Kyriakos\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/227.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645284,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/17\/erdogan-is-hurting-gas-exploration-in-east-mediterranean\/","url_meta":{"origin":650490,"position":1},"title":"Erdogan is hurting gas exploration in East Mediterranean","author":"enterpriseam admin","date":"17 July 2017","format":false,"excerpt":"Erdogan is hurting gas exploration in East Mediterranean to score political points at home: The inability of Greek Cyprus and Turkish Cyprus to reach an understanding in these latest round of talks does not bode well for natural gas exploration in the East Mediterranean, writes Cyril Widdershoven for Oil Price\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623470,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/turkey-sets-up-confrontation-over-natural-gas-exploration-rights-in-eastern-med\/","url_meta":{"origin":650490,"position":2},"title":"Turkey sets up confrontation over natural gas exploration rights in Eastern Med","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"Also on the foreign policy front: Turkey is setting up a confrontation in the Eastern Med over natural gas exploration rights. Ankara, having already its regional rivals against further exploration in Cypriot waters, has deployed its \u201cfirst deep-sea drilling ship, flanked by Turkish war vessels\u201d to explore for \u201cnatural gas\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621278,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/turkey-can-join-in-on-eastmed-gas-after-cyprus-reunification\/","url_meta":{"origin":650490,"position":3},"title":"Turkey can join in on EastMed gas after Cyprus reunification","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"When energy politics become geopolitics with a capital \u201cG\u201d: Cyprus President Nicos Anastasiades said his country will back Turkey\u2019s inclusion in energy cooperation agreements to exploit the East Mediterranean gas reserves if Turkey accepts the reunification of the island, the AP reports. \u201cWe continue to upgrade our energy cooperation with\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/550.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597042,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/turkey-to-continue-drilling-for-gas-off-cyprus-until-greek-cypriots-accept-turkish-cypriot-cooperation-proposal\/","url_meta":{"origin":650490,"position":4},"title":"Turkey to continue drilling for gas off Cyprus until Greek Cypriots accept Turkish-Cypriot cooperation proposal","author":"enterpriseam admin","date":"15 July 2019","format":false,"excerpt":"Eastern Mediterranean drama over gas exploration continues: Turkey will continue its gas drilling in waters off Cyprus until the Greek Cypriots accept a cooperation proposal from Turkish Cypriots, Turkish Foreign Minister Mevlut Cavusoglu has been quoted as saying. Turkish Cypriots had proposed that the two sides work together to explore\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639156,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/23\/cyprus-to-submit-documents-for-eez-to-its-north\/","url_meta":{"origin":650490,"position":5},"title":"Cyprus to submit documents for EEZ to its north","author":"enterpriseam admin","date":"23 October 2017","format":false,"excerpt":"This will not make Turkey happy: The Cypriot government is planning to submit coordinates regarding its exclusive economic zone (EEZ) in the sea to its north to the United Nations in the coming days, Cyprus Mail reports. Cyprus will also \u201ctry to engage in discussions with Turkey about the delineation\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/650490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=650490"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/650490\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/650468"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=650490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=650490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=650490"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=650490"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=650490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}