Latest news
Shell to ink a $12 billion gas deal with Iraq
Iraq and Royal Dutch Shell are on the way of signing a $12-billion gas deal on July 12, to capture and exploit great volumes of gas flared from southern oil fields.
read more... 12/07/2011
Egypt-Israel pipeline to become operational soon
Egypt ‘s oil ministry declared that the Egyptian pipeline that carries gas to Israel and Jordan is expected to be operational by the end of the week following an explosion on July 4, caused by militants.
read more... 11/07/2011
Exxon to make new oil and gas discoveries in the Gulf of Mexico
Two big oil and a natural gas discoveries were made in the Gulf of Mexico, emphasizing again the importance of this basin for the US crude oil production. Previously, oil and gas exploration operations were frozen by the U.S. government following a blowout at the BP Macondo well last year.
read more... 08/07/2011
Explosion at an Egypt-Israel gas pipeline
A new explosion at the Egypt-Israel pipeline occurred on July 4 in the Northern part of the Sinai Peninsula at Bir-El-ADB, at 60 km east of the Suez Canal.
read more... 08/07/2011
Three partners to invest €1 billion in Dunkirk LNG Terminal
The French energy giant EDF has announced that, alongside two partners-the French major Total and Fluxys of Belgium it has decided to invest in a €1billion ($1.44billion) project to develop a new liquefied natural gas (LNG) terminal in northern France, at Dunkirk.
read more... 30/06/2011