Turkish President Tayyip Erdogan and his Russian counterpart Vladimir Putin at the launch of Turkstream
Turkey’s dual Libya objectives
Moscow’s cooperation with Ankara in seeking a Libya peace deal implies Russian acceptance of Turkey’s controversial East Med maritime border claims
Russia and Turkey, previous backers of opposing sides in the Libya conflict, have clearly decided that—if they could jointly achieve peace in the country—both would be assured of a lasting stake there. This would be a blow to the European powers most closely associated with Libya, Italy and France, which have persistently tried and failed to bring the fighting to an end. Both countries have strong energy links with Libya which they would like to expand. Now there is a possibility that Russian and Turkish firms will put Libya’s oil and gas reserves in their sights. Russia has said in the past that it is interested in working jointly with Turkey on energy exploration and development. For Pre
Also in this section
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
17 February 2026
Siemens Energy has been active in the Kingdom for nearly a century, evolving over that time from a project-based foreign supplier to a locally operating multi-national company with its own domestic supply chain and workforce
17 February 2026
Eni’s chief operating officer for global natural resources, Guido Brusco, takes stock of the company’s key achievements over the past year, and what differentiates its strategy from those of its peers in the LNG sector and beyond
16 February 2026
As the third wave of global LNG arrives, Wood Mackenzie’s director for Europe gas and LNG, Tom Marzec-Manser, discusses with Petroleum Economist the outlook for Europe’s gas market in 2026
