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Turkish Petroleum and Chevron Sign Pact on Oil and Gas Exploration

Istanbul: National energy company Turkish Petroleum (TPAO) and US oil giant Chevron have signed a memorandum of understanding to evaluate potential collaborations in oil and natural gas exploration and production, Turkey’s energy and natural resources…

Bank of England Maintains Policy Rate at 3.75%, as Expected

London: The Bank of England on Thursday held the policy rate steady at 3.75%, as markets had widely expected.

According to Anadolu Agency, the move followed the central bank’s decision to cut the rate by 25 basis points in its previous meeting after…