Investors in Israel’s natural gas industry gave a green light to a deal to supply an Egyptian company with gas worth $15 billion. The move
Author: Desktop
Market Update: Saudis Remain Committed to Oil Output Cut Deal
Saudi Arabia is committed to sticking with the petroleum output freeze for the remainder of this year even if it means to “overbalance the market
Market Update: China Inks a Long-Term Deal to Import American LNG
China has entered its first long-term deal to import US liquefied natural gas, following a move by the White House to open the rapidly growing
Building Pipeline Controversies: EIB Earmarks €1.5bn for Southern Gas Corridor
The European Investment Bank (EIB) is going to invest €1.5bn in a natural gas pipeline connecting Italy, Greece, and Albania despite the fact that the
Potash Market Update: Norway’s Yara Helps Produce Potash in the Arab World
The Arab Potash Company (APC) and Yara International ASA, a Norwegian chemical company, are partnering to invest $200 million to fund a new production line
Turkey Stops Cypriot Drill Ship in East Mediterranean
Cyprus yesterday (11 February) accused Turkey’s military of obstructing the vessel “Saipem 12000” contracted by Italian oil firm Eni from getting closer to an area
California to Block Trump’s Costal Oil Drilling Plans
California is not going to allow transportation through its state of petroleum from new leases off the Pacific Coast. This decision is thought to attack
Exxon Capitalizes on US Tax Overhaul by Investing $50 Billion
Exxon Mobil announced on Monday (5 February) that it was planning to spend $50 billion in its business in the United States within the next
Expert Analysis: Lessons from Baumgarten Incident – Does Russian Gas Weaken Energy Security in Europe?
In mid-December last year, the Baumgarten gas hub in Austria experienced an explosion that led to a disruption in gas transmission that had a negative
Market Update: Nutrien Not Yet Impacting Fertilizer Price for Farmers
Farmers do not have to be too worried that the giant merger of Agrium and Potash Corporation of Saskatchewan will cause a steep uptick in