Turkey Seeks Investments in US Oil and Gas Fields Amid LNG Expansion

Turkey is exploring investments in US oil and gas fields as part of a broader overhaul of its energy portfolio, which has so far been built around American LNG. Turkish Petroleum Corp. is in talks with Chevron Corp., Exxon Mobil Corp., and other US majors to take positions in upstream assets. This adds a new layer to Turkey's expanding relationship with the US and aims to diversify sources away from Russia and Azerbaijan.