TotalEnergies launched on Tuesday the oil and gas exploration activities in Block 9 of Lebanon’s territorial waters, the National News Agency reported. Lebanese Prime Minister Najib Mikati and House Speaker Nabih Berri, along with other [Read More]
The number of active drilling rigs in the United States dropped to 642 this week, down by 12 from the previous week and by 120 from one year ago, according to the weekly data released [Read More]
Pakistan has recently signed a framework agreement with Azerbaijan for procurement of liquefied natural gas (LNG) on flexible terms to meet domestic energy requirements. Under the agreement, the SOCAR will supply one cargo per month [Read More]
The partners in Leviathan, Israel’s largest gas field will build a third pipeline linking the production wells to the offshore platform. Leviathan project’s main partner NewMed Energy says the new pipeline will cost 568 million [Read More]
Saudi Arabia, in collaboration with France’s TotalEnergies, has succeeded in converting the waste plastic oil into circular polymers certified by ISCC Plus. This is also the first ISCC Plus certified success in the Middle East [Read More]
U.S. Chevron Corporation and the Israeli company Ratio Energy, two of the three partners in Israel’s largest gas field Leviathan, will establish a marine research center in collaboration with the University of Haifa (UH) in [Read More]
Israel experienced a 40-percent increase in natural gas reserves in the past decade, said the latest report by the country’s prominent economic consulting firm BDO. In 2012, the Israeli economy had at its disposal some [Read More]
Lebanon announced on Wednesday the creation of the Lebanese Sovereign Fund for Oil and Gas to manage the sector’s revenues, the National News Agency reported. Ibrahim Kanaan, the head of the Parliamentary Finance and Budget [Read More]
Britain will grant hundreds of new North Sea oil and gas licenses in a bid to boost the country’s energy independence. The decision has elicited criticism as concerns mount over its impact on the environment. [Read More]
Cyprus firm EuroAsia Interconnector has said it had awarded French company Nexans a 1.43 billion euro contract for a submarine electricity cable to connect the grids of Cyprus, Greece and Israel. According to the Times [Read More]
© Famagusta Gazette - A Mediterranean Perspective