energy
Gaza power plant shuts down, causing unprecedented blackout
Middle East
July 14, 2017
Gaza power plant shuts down, causing unprecedented blackout
The electricity supply to Gaza’s 2 million residents has dropped to unprecedented lows, with blackouts lasting for more than 24…
West Bank gets Israeli power boost as Gaza endures energy crisis
Middle East
July 10, 2017
West Bank gets Israeli power boost as Gaza endures energy crisis
State-owned Israel Electric Corp (IEC) and the Palestinian Authority signed an agreement on Monday to boost Israeli electrical supply to…
‘Axis of love’: Saudi-Russia detente heralds new oil order
World
June 1, 2017
‘Axis of love’: Saudi-Russia detente heralds new oil order
A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship…
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
Business
May 18, 2017
Russia’s Rosneft eyes joint oil supplies to Egypt with Italy’s Eni
Russia’s largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible…
Saudis take 100% control of America’s largest oil refinery
Business
May 2, 2017
Saudis take 100% control of America’s largest oil refinery
Saudi Aramco, the kingdom's state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday,…
Iran boosts gas production from underwater field
Business
April 17, 2017
Iran boosts gas production from underwater field
Iran said Sunday that it has more than doubled production at a giant undersea gas reservoir over the last four…
Saudis, oil majors discuss gas investments ahead of giant IPO
Business
April 12, 2017
Saudis, oil majors discuss gas investments ahead of giant IPO
Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the…
Petroleum Minister, EU officials meet to boost cooperation in energy projects
Business
April 12, 2017
Petroleum Minister, EU officials meet to boost cooperation in energy projects
Petroleum Ministry Tareq el-Molla met with Christian Danielsson, Director-General for European Neighbourhood Policy and Enlargement Negotiations, and Ivan Surkos, Head of the European Delegation…
France to fund energy projects in Egypt worth 175 million Euros: Minister
Business
December 27, 2016
France to fund energy projects in Egypt worth 175 million Euros: Minister
France will fund energy projects in Egypt for a sum of 175 million euros, including 150 million euros toward electricity…
Oil prices, US dollar leap on OPEC deal news
Business
December 1, 2016
Oil prices, US dollar leap on OPEC deal news
Oil prices and energy shares swept higher on Thursday after OPEC agreed to cut crude output to clear a recent…