Lebanon signs deal with Norway to boost oil and gas sector
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Lebanon signs deal with Norway to boost oil and gas sector

  The Daily Star Lebanon and Norway signed a 3-year agreement Tuesday under which Oslo would support the Lebanese government’s efforts to develop its infant oil and gas…

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Turkish Cypriot negotiator urges suspension of gas drilling
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Turkish Cypriot negotiator urges suspension of gas drilling

Greek and Turkish Cypriots should agree to suspend the search for offshore natural gas until they have reached a settlement to reunify the divided island, the chief Turkish…

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Cyprus’ government confirmed Total’s intention to “depart,” while announcing that the result of the exploration activities of the Aphrodite field should soon be available.
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Cyprus’ government confirmed Total’s intention to “depart,” while announcing that the result of the exploration activities of the Aphrodite field should soon be available.

Cyprus’ government confirmed Total’s intention to “depart,” while announcing that the result of the exploration activities of the Aphrodite field should soon be available. “As Mr Omirou has…

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Total to cut capital spending by 10% amid oil price rout
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Total to cut capital spending by 10% amid oil price rout

    Total, the French oil and gas giant, plans to reduce group-wide capital spending by 10 per cent this year and speed up billions of dollars in…

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Oil Industry Withdraws From High Cost Areas
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Oil Industry Withdraws From High Cost Areas

The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump in oil markets.…

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BP boss Bob Dudley: Oil prices ‘low for up to 3 years’
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BP boss Bob Dudley: Oil prices ‘low for up to 3 years’

The boss of oil giant BP’s boss Bob Dudley has said that oil prices could remain low for up to three years. He added that could send UK…

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Total likely to ditch Cyprus offshore gas search
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Total likely to ditch Cyprus offshore gas search

French energy company Total is likely to abandon a search for oil and gas off Cyprus after failing to find tangible evidence of reserves, dealing a blow to…

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Egypt Still Considering Israeli Gas
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Egypt Still Considering Israeli Gas

Egypt is looking to import natural gas from Israel. Once a net natural gas exporter, Egypt is now facing a severe energy crisis that is threatening more power…

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