Egypt’s goal to be a net gas exporter by the end of this year will strengthen it politically, Egypt’s petroleum minister said Saturday, stressing the opportunities for growth that would come from…
Egypt on track to end fuel subsidies: IMF
Egypt is on track to end subsidies on most fuels by June 15 as part of a reform programme led by the International Monetary Fund, the Washington-based body said Saturday. The economy of…
DIPLOMACY: Nicosia to host first trilateral summit of Cyprus, Greece and Lebanon leaders
Nicosia will host the first trilateral summit between the leaders of Cyprus, Greece and Lebanon later this year to review progress that has been achieved and map out further cooperation. Cypriot Foreign…
Gazprom raises gas exports to France by 58% in five years
MOSCOW — A working meeting between Alexey Miller, chairman of the Gazprom Management Committee, and Sylvie Bermann, ambassador extraordinary and plenipotentiary of France to the Russian Federation, took place today at the…
Jordan to reject any proposal without independent Palestinian state — PM
AMMAN — Jordan will reject any proposed settlement of the Palestinian-Israeli conflict that does not guarantee the establishment of an independent Palestinian state, Prime Minister Omar Razzaz said on Tuesday. The premier…
Turkish household gas consumption down by 12.3% in 2018
Turkey’s natural gas consumption per household decreased by 12.3% to 905 cubic meters in 2018 compared to the last three year’s average consumption of 1,032 cubic meters, according to Yasar Arslan, chair…
Qatar Petroleum awards LNG expansion project deals
LNG giant Qatar Petroleum has awarded a number of contracts related to Qatar’s LNG expansion project designed to enhance its capabilities by increasing LNG production capacity from 77 to 110 million tons…
Exxon Is in Talks Over Floating LNG Partnership in Israel
Exxon Mobil Corp. is in discussions to build a platform that would expand the export reach of Israel’s biggest natural gas field, according to people familiar with the matter. Israeli gas stocks rose….
Indonesia, Malaysia send letter protesting EU palm oil curbs
JAKARTA/BRUSSELS (Reuters) – The leaders of Indonesia and Malaysia, the world’s two biggest palm oil producers, sent a letter of objection to the European Union criticizing its decision to no longer consider…
Engie-led consortium seals US$8.6b purchase of Petrobras pipeline unit
PARIS (April 8): A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an US$8.6 billion offer, in a deal that boosts Engie’s presence in…