Leviathan gas field start date approved
Partners behind one of the larger natural gas fields off the coast of Israel unveiled plans to start formal production operations in roughly three years. Delek Drilling Ltd. and Avner Continue Reading
Oil prices firm as Abu Dhabi cuts exports amid soaring Asian demand
Oil prices were stable on Tuesday, supported by strong demand in Asia and a supply cut by Abu Dhabi as part of production curbs organized by OPEC and other exporters. Continue Reading
Sinopec Said to Eye Takeover of Kurdistan’s Gulf Keystone
China Petroleum & Chemical Corp., the world’s biggest refiner, is weighing a takeover of beleaguered Kurdish oil producer Gulf Keystone Petroleum Ltd., people familiar with the matter said. The state-owned Continue Reading
As U.S. Shale Seeps Into Top Oil Market, Saudis Hone Defense
As Saudi Arabia goes on a shock and awe attack to curb a global oil glut, it’s also playing defense to hold on to its most prized customers. The kingdom Continue Reading
Saudi Minister Jolts Oil Market With ‘Whatever It Takes’ Moment
Saudi Oil Minister Khalid al-Falih emerged from the OPEC meeting room on Saturday evening having endured months of secret petro-diplomacy, late-night phone calls and, a few times, disagreements that almost Continue Reading
Hack of Saudi Arabia Exposes Middle East Cyber Security Flaws
Hackers hit region more often and with greater severity: PwC More than a year after a drowned Syrian toddler washed up on a beach in Turkey, the tiny refugee’s body, Continue Reading
The Latest: Syria says 98 percent of east Aleppo retaken
The Latest on the Syrian conflict (all times local): 12:30 p.m. Syria’s military says it has gained control of 98 percent of eastern Aleppo, leaving only a tiny enclave packed Continue Reading
Israel, Greece, Cyprus to push for gas pipeline to Europe: sources
Israel, Greece, and Cyprus have decided to take their proposal for a pipeline from gas fields offshore Israel and Cyprus to Europe, Israeli energy sources said late Thursday. This followed Continue Reading
Iraq invites bids to build first phase of oil export pipeline to Jordan
Iraq has invited energy companies and investors to bid to build and finance the first phase of a pipeline that will eventually connect the southern city of Basra with Jordan’s Continue Reading
Oil slump prompts Gulf states to take shine off cushy government jobs
Ahmed, a Qatari civil servant, used to arrive at his office at a government ministry in Doha late in the morning and leave for home after lunch, collecting a monthly Continue Reading