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Tarek El Molla meet with Norwegian Ambassador

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Minister of Petroleum talks with Norwegian ambassador in Cairo, and a delegation from the Norwegian Foundation In Stock Engineer Tariq Al-Mulla, Minister of Petroleum and Mineral Resources, a session of talks with  Roessns Norwegian ambassador in Cairo, which was accompanied by a delegation of In Stock Foundation, which includes major oil and gas Norwegian companies […]

Is an Israel-Cyprus-Turkey pipeline possible?

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The recent week-long World Energy Congress in Istanbul had two major bookends. On the very first day, Turkey and Russia signed the much-awaited the Turkish Stream natural gas pipeline agreement and announced that they would deepen energy cooperation. On the last day, Israeli Minister of Minister of National Infrastructure Yuval Steinitz held extensive talks with his […]

Rosneft-led group acquires Essar Oil for nearly $13 billion

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The acquisition is the biggest foreign acquisition ever in India and Russia’s largest outbound deal. Billionaire brothers Shashi and Ravi Ruia have agreed to sell 98 per cent of Essar Oil and a port terminal at Vadinar to a consortium led by Russian oil major Rosneft for almost $13 billion. Oil trading firm Trafigura and […]

Gazprom gets permit for offshore section of TurkStream gas pipeline

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MOSCOW – Gazprom has received a survey permit for two strings of the TurkStream gas pipeline’s offshore section in Turkey’s territorial waters in the Black Sea. Alexey Miller, chairman of the Gazprom Management Committee, said: “I would like to highlight the constructiveness and promptness on the part of our Turkish partners. The TurkStream project is […]

The Markets for Israel’s Offshore Gas Dry up

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While keeping this a close secret, Prime Minister Binyamin Netanyahu has been forced to give up his grand plan to pipe gas from Israel’s offshore fields to Turkey for sale in European markets after France and Germany intimated that dealings with Ankara were unacceptable. Plans to expand the Leviathan gas well have also been put […]

Eni enters Algerian renewable energy sector

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The first project will be the construction of a 10 MW solar PV plant in the Bir Rebaa North (BRN) field, where the two companies will co-operate through GSA (Sonatrach-Agip Groupement). The goal is to start activities before the end of the year. The project is a step of the strategic cooperation agreement on renewable […]

Cyprus and Egypt have signed an agreement for Cypriot gas

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Cyprus and Egypt have signed an agreement paving the way for the supply of Cypriot gas to the Arab nation through an envisioned pipeline. Cypriot Energy Minister Yiorgos Lakkotrypis and Egypt’s Petroleum Minister Tarek el-Molla say the deal sets the political framework for additional commercial agreements that will determine the details of how, where and […]
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