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A Turkish police officer stands guard close to a drilling rig near Famagusta April 26, 2012. Turkey on Thursday began drilling for oil and gas in breakaway northern Cyprus, threatening to inflame tensions with Greek Cypriots and undermine UN-backed efforts to reunite the divided island, key to Ankara's aspirations to join the European Union. At a ceremony in northeast Cyprus, the state-run Turkish Petroleum Corporation (TPAO) launched onshore drilling at the 3,000-metre-deep Turkyurdu-1 well in search of hy

Iran Sanctions Drive Up Turkish Energy Costs

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A Turkish police officer stands guard close to a drilling rig near Famagusta April 26, 2012. Turkey on Thursday began drilling for oil and gas in breakaway northern Cyprus, threatening to inflame tensions with Greek Cypriots and undermine UN-backed efforts to reunite the divided island, key to Ankara's aspirations to join the European Union. At a ceremony in northeast Cyprus, the state-run Turkish Petroleum Corporation (TPAO) launched onshore drilling at the 3,000-metre-deep Turkyurdu-1 well in search of hy

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