Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג ( is pleased to announce that Israel’s Petroleum Council has awarded the Company four new licences for oil and gas exploration in the…
Edison unexpectedly pulls out of Royee license
An exploratory drilling in January at the Israeli offshore field, which has a 36% geological probability of containing 100 BCM in natural gas, has been cancelled. Edison E&P has unexpected quit the Royee…
Qatar’s fiscal balance/GDP set to rise to 4.6% in 2023: FocusEconomics
Qatar’s fiscal balance as a percentage of GDP is set to rise to 4.6% in 2023 from an estimated 1.3% this year, FocusEconomics said. The current account balance (as a percentage of…
Alumina market roller coaster spins price to two-year lows
By Andy Home LONDON, July 30 (Reuters) – The alumina market has collapsed over the last three months with both Chinese and Western prices now at their lowest levels in two years….
Centrica CEO to quit after fi rst dividend cut in years
Bloomberg/London Centrica said its chief executive officer will step down after a tumultuous five-year run at Britain’s largest energy supplier, which has lost two-thirds of its value and millions of customers during…
Oil Industry Poised to Attack as Trump Boosts Ethanol in Fuels
Oil industry foes are preparing to go to court to fight the Environmental Protection Agency regulation issued Friday that allows year-round sales of higher-ethanol E15 gasoline nationwide. The agency’s final rule offers ethanol producers and corn…
Italy to play low 2019 deficit card to avoid EU procedure
EU Commission threatened Rome with disciplinary steps; 2019 deficit could be 2% of GDP or lower, officials say; league economics chief says 1.8% is possible; coalition still undecided how to use savings…
Airlines scramble to overcome polluter stigma
Reuters Seoul/Stockholm/London In Lorna Greenwood’s London home, there is a shelf lined with travel guides. But the 32-year-old mother and former government employment lawyer has given up flying. Greenwood, who grew up…
UK oil’s appeal returns for S Korea even as Brexit looms
After staying away for four months, South Korea is back in the market for North Sea crude. Hyundai Oilbank Co bought 2mn barrels of North Sea Forties crude for August de- livery,…
Can euro replace dollar as world’s dominant currency?
Reuters/ London Should European countries want the euro to replace the dollar as the world’s dominant reserve currency, the Sino-US trade war may offer a window of opportunity. The souring of ties…