Total confirms interest in expanding in Cyprus
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Total confirms interest in expanding in Cyprus

French oil and gas giant Total is interested in broadening its presence in Cyprus’ hydrocarbons space, president Nicos Anastasiades said on Tuesday after seeing a senior executive of…

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خمسة أسئلة تلخص المراحل المقبلة في قطاع النفط والغاز
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خمسة أسئلة تلخص المراحل المقبلة في قطاع النفط والغاز

بعد توقيع الحكومة اللبنانية مطلع العام الحالي على عقود التنقيب عن النفط والغاز مع ثلاث شركات عالمية هي توتال وإيني ونوفاتيك، والموافقة على خطتي استكشاف تتعلقان بالبلوكين 4…

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Egypt to increase Zohr gas production to 1.75 bcf/d in August – El Molla
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Egypt to increase Zohr gas production to 1.75 bcf/d in August – El Molla

Egypt aims to increase production at its huge Zohr offshore gas field in the Mediterranean to 1.75 billion cubic feet per day in August, Petroleum Minister Tarek El…

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Egypt’s New Government Raises Fuel prices
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Egypt’s New Government Raises Fuel prices

The Ministry of Petroleum and Mineral Resources announced that New Cabinet approved the increase in prices of petroleum products starting from Saturday, 16 June 2018. Egypt rambled fuel…

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Turkey to drill for gas off Cyprus, Turkey’s Foreign Minister says
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Turkey to drill for gas off Cyprus, Turkey’s Foreign Minister says

Cyprus will not be dragged into the climate of tension created by Turkey, government spokesman Prodromos Prodromou said on Thursday, responding to Turkish Foreign Minister Mevlut Cavusoglu who…

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Cyprus Cabinet approved Budget for hydrocarbons company
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Cyprus Cabinet approved Budget for hydrocarbons company

The 2018 budget for the Cyprus Hydrocarbons Company (CHC) of €6m was approved on Wednesday by the cabinet, the deputy government spokesperson Clelia Vassiliou announced. Vassiliou said the…

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Israel to amend contract’s terms ahead of a 2nd licensing round
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Israel to amend contract’s terms ahead of a 2nd licensing round

Israel is expected to alleviate further its contract terms in the hope of attracting more interest in its second licensing round, planned for the forth quarter of 2018…

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Egypt Minister of Electricity announces price increases on average 35%
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Egypt Minister of Electricity announces price increases on average 35%

Minister of Electricity Mohamed Shaker announced on Tuesday an increase in electricity prices effective July 1st. Shaker stated the price increase is vital to ensure the continuation of the…

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