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Exxon Mobil to invest $10 bln to develop Vaca Muerta shale gas field in Argentina

Exxon Mobil Corp is envisaging investing more than $10 bn in shale projects in Argentina over the next few decades.

read more... 07/06/2016

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Israel authorities give the green light for the development of Leviathan natural gas field

Israel’s government on Thursday gave the green light to the U.S. energy company Noble Energy for the development of the controversial Leviathan natural gas field which will offer Israel a second source of gas supply, with the possibility to turn it into a gas exporter.

read more... 03/06/2016

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Cyprus expects third offshore gas licensing round to be struck early next year

The Cypriot government expects a third offshore natural gas licensing round in the eastern Mediterranean to be struck early in 2017, despite opposition from Turkey.

read more... 27/05/2016

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Poland aims to say 'goodbye' to Russian gas by 2022

Poland, through expanding its LNG sources to Norway and Qatar this summer, targets to be on the road towards independence from Russian gas imports by 2022.

read more... 25/05/2016

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Egypt's gas projects will raise output to 5.5-6 billion cfd by end-2019

Egypt will raise its natural gas output to between 5.5 and 6 billion cubic feet per day by the end of 2019, as stated by Oil Minister Tarek El Molla on Sunday, or up from the existing production of 3.9 bln cubic ft per day.

read more... 23/05/2016

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