Türkiye has agreed to send up to 4 million cubic meters of natural gas daily to Romania via a pipeline starting from Oct. 1, the Turkish Petroleum Pipeline Corporation (BOTAS) has announced. The agreement between [Read More]
Iran will not give up its share of the Arash gas field, which is located in a neutral maritime zone between Iran, Kuwait, and Saudi Arabia, Iranian Oil Minister Javad Owji said on Sunday. Owji [Read More]
Angolan Minister of State for Economic Coordination Jose de Lima Massano on Wednesday emphasized the crucial role of the oil and gas industry for the country’s economy and pledged continued investment in petroleum resource exploration. [Read More]
Israel announced a plan to encourage the establishment of renewable energy generation and storage facilities in dense urban areas, the Israeli Electricity Authority said Thursday. The plan will grant bonuses to companies, entrepreneurs, and property [Read More]
Israel will allocate more than 2,000 additional megawatts in the national electricity grid to connect renewable energy facilities, mainly solar ones, the country’s Ministry of Energy and Infrastructure said in a statement on Sunday. The [Read More]
Libya’s state-owned National Oil Corporation (NOC) said on Friday the North African country produced more than 36.5 million barrels of crude oil in August. The NOC also said that petroleum product and petrochemical production reached [Read More]
Lebanon’s private sector has launched the Syndicate of Contractors and Subcontractors for Petroleum Activities and Services as the country started oil and gas exploration in its territorial waters. A statement released by the Chamber of [Read More]
The Saudi Public Investment Fund (PIF) has completed the sale of its 10.92-percent stake in the National Gas and Industrialization Company for 491.19 million Saudi riyals (around 131 million U.S. dollars), Saudi media reported on [Read More]
Cyprus, Greece and Israel this week agreed to intensify cooperation on an energy corridor from the Eastern Mediterranean to Europe, leaders of the three countries said after meeting in Nicosia. “In light of the growing [Read More]
Saudi Arabia’s Energy Ministry announced on Tuesday the kingdom will extend its voluntary oil production cut of one million barrels per day for another three months until the end of the year. The kingdom’s oil [Read More]
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