Turkey slams Israeli, Egyptian ambassadors over support for unilateral Cyprus gas exploration
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Turkey slams Israeli, Egyptian ambassadors over support for unilateral Cyprus gas exploration

The Turkish Foreign Ministry slammed the Israeli and Egyptian ambassadors accredited to the Republic of  Cyprus for supporting the Greek side’s unilateral hydrocarbon exploration in the eastern Mediterranean…

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Egypt planning for new exploration bid rounds in the Red Sea
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Egypt planning for new exploration bid rounds in the Red Sea

Minister of Petroleum and Mineral Resources Tarek el-Molla announced that the ministry is looking to increase investment opportunities in the field of oil and gas exploration, through offering…

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Cyprus Government considering its gas options
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Cyprus Government considering its gas options

The government is said to be mulling its options after the consortium holding the license for the Aphrodite gas field proposed amending the revenue-sharing agreement with the Cypriot…

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Egypt, BP sign $46m deal for Gulf of Suez oil exploration
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Egypt, BP sign $46m deal for Gulf of Suez oil exploration

The Egyptian General Petroleum Corporation (EGPC) and the London-based BP Plc have signed a $46 million agreement for oil and gas exploration and production at the North East…

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Egypt to restart gas exports to Jordan next January
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Egypt to restart gas exports to Jordan next January

Jordan will resume pipeline gas imports from Egypt in January, likely curbing Jordan’s LNG demand and potentially halting receipts by 2020. Flows from Egypt to Jordan on the…

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Turkey is ready ‘to fight’ in the Eastern Mediterranean Sea
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Turkey is ready ‘to fight’ in the Eastern Mediterranean Sea

Ankara “counterattacks” on the occasion of the preparation of exploratory drillings by Exxon Mobil, Qatar Petroleum, Total and ENI, within the EEZ of the Republic of Cyprus, for…

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الصندوق السيادي مجدّداً بإشراف المالية أم مصرف لبنان؟
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الصندوق السيادي مجدّداً بإشراف المالية أم مصرف لبنان؟

عادت اقتراحات القوانين المرتبطة بملف استخراج النفط في المياه اللبنانية الى الواجهة. اثنان منها أدرجا على جدول أعمال جلسة اللجان المشتركة التي دعا إليها رئيس المجلس نبيه برّي،…

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Egypt raises natural gas prices by up to 75 percent
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Egypt raises natural gas prices by up to 75 percent

Egypt has raised natural gas prices for households and businesses by between 33.3 and 75 percent. Saturday’s decision, published in the official gazette, should come into effect starting…

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