The power plant that generates electricity in the central Gaza Strip, April 2017. Supply & Demand

Israel-Gaza gas pipeline inches closer

The partners behind a pipeline project to deliver Israeli and Palestinian gas to Gaza have started negotiations with potential financial backers.

By Verity Ratcliffe 19 February 2018
LNG

Tamar partners start LNG supply talks with Gazprom

The Tamar partners have entered into talks with Gazprom Marketing and Trading (GM&T) to sell LNG produced from the Tamar and Dalit gas fields off the coast of Israel.

22 March 2012
Supply & Demand

Jordan and Iraq near gas supply deal

Jordanian is in advanced negotiations with Iraqi energy officials on importing gas within five years, the Jordan Times reported on Thursday.

22 March 2012
Exploration & Production

Saudi unlikely to exploit shale potential until at least 2022 - HSBC

While Saudi Arabia has huge unconventional gas production potential in the long term, shale gas output is unlikely to contribute significantly to its energy balance in the next 10 to 15 years, according the a research report published by HSBC on Tuesday.

21 March 2012
LNG

Abu Dhabi plans FLNG terminal in Fujairah

Abu Dhabi plans to build a floating LNG (FLNG) terminal in the Gulf of Oman to allow for the import of LNG into the United Arab Emirates (UAE), without the need for cargoes to pass through the Strait of Hormuz, Bloomberg reported on Monday.

20 March 2012
Supply & Demand

Israeli gas export debate heats up

Developers of the Leviathan gas field in Israel have railed against comments made by a top energy ministry official criticising plans to export Israeli gas.

20 March 2012
Exploration & Production

Aramco drills deep in the push for gas

Following disappointing results from its Rub al-Khali exploration programme, Saudi Aramco is betting on the Red Sea to deliver the gas production success it sorely needs.

19 March 2012
LNG

Jordan to pursue LNG imports regardless of Israeli export plans

Jordan plans to start importing LNG via a floating LNG import within two years, even if Noble Energy does pipe Israeli gas into Jordan to feed an LNG export plant at the Port of Aqaba.

19 March 2012
Exploration & Production

Eni interested in Iraqi bidding round

Eni is “interested and willing to participate” in Iraq’s fourth bidding round in May, “especially for gas”, Claudio Descalzi, the company’s head of exploration and development told reporters on Thursday.

16 March 2012
Exploration & Production

Wall Street welcomes Noble gas deal with IEC

Noble’s latest gas sale agreement with Israel Electric Corp. exceeded Wall Street’s expectations. And it may help bolster investor confidence in Noble’s ambitions to export LNG from the Eastern Mediterranean.

16 March 2012
Policy & Regulation

Across the great divide

The Kurdistan Regional Government’s confident revival of the oil and gas industry in northern Iraq belies a deeper anxiety of the semi-autonomous region’s position in the shifting politics of the Middle East.

16 March 2012
Companies & Finance

Consortium to conduct Jordan LNG study this year

A consortium of advisers will complete an economic feasibility study on the proposed Jordan LNG project this year.

16 March 2012
Companies & Finance

Middle Eastern firm closes drilling ship finance

The MENAdrill Investment Company has signed off on a $130 million project finance facility with two banks to fund the company's first drilling ship, already operational in the Gulf of Mexico.

16 March 2012
Exploration & Production

Lukoil not planning to bid in Iraq’s fourth licensing round

Lukoil is not planning to bid in Iraq’s fourth licensing round in May and will focus instead on the start-up of the West Qurna 2 oil field, Chief Executive Vagit Alekperov told reporters at an Interfax Energy Roundtable in London on Wednesday.

15 March 2012
Pipelines, Storage & Power

IEC signs binding $14 bln SPA agreement for Tamar gas

State-owned Israel Electric Corp. (IEC) has signed a 15-year take-or-pay agreement with the Tamar consortium for the offtake of between 42.5 and 78 billion cubic metres from the Tamar gas field, off the coast of Israel.

15 March 2012
Supply & Demand

Israel gas imports

Disruptions to Egyptian gas imports to Israel has cost Israel between $3.17 and $3.97 billion in imports of alternative fuel and $793 million in environmental damage, the Ministry of Finance Acting Director General Doron Cohen was quoted as saying by Globes on Wednesday.

14 March 2012
Global Markets

Turkey in no hurry to find Iran alternatives

Turkey has no plans yet to find an alternative to its oil and gas imports from Iran, despite the sanctions imposed on Tehran’s hydrocarbon exports by the US and EU, Turkish Energy Minister Taner Yildiz, told Dow Jones on Tuesday.

14 March 2012
Pipelines, Storage & Power

In absence of gas to fuel power plants, Saudi to burn 450 million bbls of oil in 2012

With electricity demand in Saudi Arabia rising unchecked and gas supplies limited, the kingdom is expected to burn up to 450 million barrels of oil equivalent in its power plants in 2012.

14 March 2012
Companies & Finance

ExxonMobil in Iraq

The Iraqi oil ministry will pay ExxonMobil in crude for work on the huge West Qurna 1 oilfield after months of negotiations over contract terms, an Iraqi oil official told Reuters on Monday.

13 March 2012
Exploration & Production

TPAO to drill off northern Cyprus

Turkey’s state-owned TPAO will begin drilling for oil or gas off northern Cyprus towards the end of March, having carried out seismic studies.

13 March 2012
Global Markets

Crude Thoughts: Oil reporting in Iraq

Iraqi oil reporters battle sectarianism and silence from the country’s energy elite.

13 March 2012

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