Turkish national energy company TPAO is reportedly holding talks with US oil major Chevron to explore jointly for oil and gas. TPAO will work with Chevron on seismicTurkish national energy company TPAO is reportedly holding talks with US oil major Chevron to explore jointly for oil and gas. TPAO will work with Chevron on seismic

Turkish energy company in exploration talks with Chevron

2026/01/21 14:52

Turkish national energy company TPAO is reportedly holding talks with US oil major Chevron to explore jointly for oil and gas.

TPAO will work with Chevron on seismic studies and drilling, Bloomberg reported, quoting an unidentified Turkish government official. 

No details were given on possible concession areas.

The potential deal follows an agreement by TPAO and US-based ExxonMobil Corp this month for joint exploration in the Black Sea and the Mediterranean.

Chevron has a diverse exploration and production portfolio globally and continues to assess potential opportunities, a spokesperson told the new agency.  

In April 2025, Iraq’s oil ministry signed an agreement with Chevron to develop the Nassiriya oilfield, comprising four exploration blocks.

Syrian President Ahmed al-Sharaa met delegations from Chevron in December to discuss cooperation in oil and gas exploration.

TPAO was reportedly planning to raise $4 billion through a sukuk (Islamic bond) before the end of 2025 to expand its production capacity.  

Further reading:

  • Rising Black Sea tensions threaten Turkish economy
  • Turkey imports crude from Brazil after Russian oil ban
  • Turkey gets $200m loan to support energy transition
Market Opportunity
Major Logo
Major Price(MAJOR)
$0.12047
$0.12047$0.12047
-3.91%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top 4 Tokens Turning IP Rights Into Investable Assets

Top 4 Tokens Turning IP Rights Into Investable Assets

IP tokenization opens royalties to investors as BeatSwap, Audius, Story Protocol, and Opulous turn music and media rights into on-chain, income-backed assets.
Share
Blockchainreporter2026/01/21 17:45
‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

The post ‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms appeared on BitcoinEthereumNews.com. The Nigerian SEC
Share
BitcoinEthereumNews2026/01/21 17:34
Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale

The post Why This New Trending Meme Coin Is Being Dubbed The New PEPE After Record Presale appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:13 The meme coin market is heating up once again as traders look for the next breakout token. While Shiba Inu (SHIB) continues to build its ecosystem and PEPE holds onto its viral roots, a new contender, Layer Brett (LBRETT), is gaining attention after raising more than $3.7 million in its presale. With a live staking system, fast-growing community, and real tech backing, some analysts are already calling it “the next PEPE.” Here’s the latest on the Shiba Inu price forecast, what’s going on with PEPE, and why Layer Brett is drawing in new investors fast. Shiba Inu price forecast: Ecosystem builds, but retail looks elsewhere Shiba Inu (SHIB) continues to develop its broader ecosystem with Shibarium, the project’s Layer 2 network built to improve speed and lower gas fees. While the community remains strong, the price hasn’t followed suit lately. SHIB is currently trading around $0.00001298, and while that’s a decent jump from its earlier lows, it still falls short of triggering any major excitement across the market. The project includes additional tokens like BONE and LEASH, and also has ongoing initiatives in DeFi and NFTs. However, even with all this development, many investors feel the hype that once surrounded SHIB has shifted elsewhere, particularly toward newer, more dynamic meme coins offering better entry points and incentives. PEPE: Can it rebound or is the momentum gone? PEPE saw a parabolic rise during the last meme coin surge, catching fire on social media and delivering massive short-term gains for early adopters. However, like most meme tokens driven largely by hype, it has since cooled off. PEPE is currently trading around $0.00001076, down significantly from its peak. While the token still enjoys a loyal community, analysts believe its best days may be behind it unless…
Share
BitcoinEthereumNews2025/09/18 02:50