AMBITIONS CLASH IN THE EASTERN MED
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AMBITIONS CLASH IN THE EASTERN MED

Several developments occurred in the East Med during the last two years, among them: Egypt, which has experienced a severe shortage of natural gas and has become an…

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Egypt to stop using one of FSRUs at Ain Sokhna by early next year
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Egypt to stop using one of FSRUs at Ain Sokhna by early next year

In a sign that we may be heading towards becoming an energy hub by 2018, the Oil Ministry is letting go of one of the two FSRUs at…

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Lebanon Looks To Lure Oil, Gas Investors To Mediterranean
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Lebanon Looks To Lure Oil, Gas Investors To Mediterranean

HOUSTON—Slowed by a political gridlock and unresolved boundary disputes, Lebanon has stood on the sidelines watching massive natural gas discoveries such as Leviathan, Aphrodite and Karish sprout from…

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Israel Licensing Round Draws One Offer So Far; Deadline Extended
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Israel Licensing Round Draws One Offer So Far; Deadline Extended

Israeli energy officials put on a brave face on Tuesday after The Marker reported that an auction for rights to drill in 24 blocs offshore Israel had attracted…

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EU rule on government payments: implications for oil & gas industry
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EU rule on government payments: implications for oil & gas industry

An estimated 3.5 billion people live in countries endowed with oil, gas and mineral reserves. Despite the fact that the citizens of these countries are the legal owners…

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Energy security and regional cooperation in the East Med
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Energy security and regional cooperation in the East Med

Offshore discoveries of hydrocarbons in the East Med in recent years are expected to considerably change regional dynamics. Whether these will increase the potential for peace and regional…

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Israel working hard to realize the dreams of its gas industry
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Israel working hard to realize the dreams of its gas industry

Israel’s energy sector is going through momentous changes due the development of its large offshore natural gas reserve. Last week, Greek oil and gas company Energean introduced a…

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ExxonMobil wants Cyprus to become energy centre
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ExxonMobil wants Cyprus to become energy centre

ExxonMobil’s vision shared by Cypriots is to see the Mediterranean island becoming an energy centre, president of the US energy giant’s Exploration Company Steve Greenlee has said. “Our…

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