Tag: oil and gas
BP British Petroleum to Invest $3.5B to Expand Hunt for Gas in Egypt
Israel, meanwhile, has approved an increase in natural gas exports to Egypt. The exports will come from the underwater Tamar natural gas reservoir off the coast of Haifa.
Lebanon Finally Launches National Oil & Gas Exploration
The drilling platform is expected to dock in Lebanese waters by mid-August, following power conversion at the Strait of Gilbraltar.
Israel Following Turkey’s Actions in Cypriot Waters ‘Closely and With Concern’
Turkey has already drilled in Cypriot waters, triggering protests from Nicosia and the European Union, including sanctions.
ExxonMobil Mulls Oil and Gas Exploration in Israel
Israeli Energy Minister Yuval Steinitz met with the company’s executives in Houston this week about bidding for the right to explore and pump oil in Israel’s offshore blocks
Turkey Won’t Fuel Iranian Passenger Planes as Trump Sanctions Take Effect
Mnuchin warned SWIFT, the bloodline of global banking, the US would penalize if should it not cut off financial services to entities doing business with Iran.
Eni: Talk of New Egyptian Gas Bonanza was Fake News
The rumor caused a 5% - 6% plunge in shares of the Israeli gas partnerships.
Israeli-Lebanese Peacemaking Thru Energy Dealing in Beirut
Lebanon's President Michel Aoun said his country was committed to preserving calm on its southern border with Israel.
Liberman Warns Lebanon Will Join Israel in Bomb Shelters If Hezbollah Launches Attack
"If people in Tel Aviv are in bomb shelters, then they will also be in shelters in Beirut. This has to be clear to the other side."
Turkish Energy Delegation Meeting Delek, Noble Energy Reps in Jerusalem to Discuss Gas Pipeline
On Monday, Turkey's Minister of Culture and Tourism arrives for a state visit to Israel as well.
Jordanians Protest Natural Gas Deal with Israel
Jordanians demonstrated in Amman to protest a gas deal with Israel that ultimately will make their lives more comfortable.
Israel’s Leviathan Consortium and Jordan Sign $10b, 15-Year Gas Deal
Israel's Leviathan consortium signs a groundbreaking $10 billion gas deal with Jordan for a 15-year period.
Iran ‘Not Worried’ About Falling Oil Prices
Iran, a member of OPEC, is not as worried about the plummeting price of crude oil as its regional neighbors -- it has other sources of income.
Greece Talks About Ties with Iran
Diplomatic, economic and trade ties appear to be warming up between Iran and Greece.
Palestinian Authority Tries to Grab Dead Sea Oil Reservoir
Now that Israelis have discovered oil in the wasteland leading down to the southern end of the Dead Sea, suddenly the Palestinian Authority claims that land too.
Leviathan’s First Deal Signed With Israeli-Turkish Consortium
An Israeli-Turkish consortium has signed the first contract for natural gas with the Leviathan development group.
Iranian Oil Production Rises in July
Iranian crude oil production rose in July to its highest level in two years.
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