Energy Industry

EU warns Turkey after its warships force gas rig to halt

Feb 23, 2018

The European Union warned Turkey on Friday to rein in its navy after Turkish warships threatened and blocked an Italian rig from reaching a site southeast of Cyprus where it was to drill for natural gas

Eni executive: drilling off Cyprus could be put on hold

Feb 22, 2018

The top executive of Italian company Eni says that planned drilling in search of gas off Cyprus could be put on hold until Turkey can be convinced to pull back its warships preventing a rig from reaching the site

President says Egypt 'scored a goal' with Israel gas deal

Feb 21, 2018

Egypt's president says his country 'scored a goal' with $15 billion Israeli gas deal

Israeli gas company announces $15B export deal with Egypt

Feb 19, 2018

An Israeli energy company has announced a $15 billion deal to supply natural gas to Egypt, in the largest export agreement to date for Israel's nascent natural gas industry

Fresh twist for UAE diners as oysters thrive in warm waters

Feb 14, 2018

In the warm waters of the Persian Gulf, long home to pearl oysters, a new type of oyster is thriving _ the edible kind

Erdogan warns Greece, Cyprus over gas search, Aegean islets

Feb 13, 2018

Turkish President Recep Tayyip Erdogan issued a warning Tuesday to neighboring Greece, Cyprus and international companies exploring for gas in the eastern Mediterranean not to "step out of line" and encroach on Turkey's rights

The Latest: Greece says Turkish coast guard rams Greek boat

Feb 13, 2018

Greek authorities say a Turkish coast guard patrol vessel has rammed a Greek coast guard boat near a pair of Aegean Sea islets over which the two countries came close to war in 1996

Cyprus says Turkish warships continue to block drilling rig

Feb 12, 2018

Cyprus' government spokesman says Turkish warships continue to impede a rig from reaching a target off the island nation where Italian energy company Eni plans to drill for gas

Aramco IPO takes center stage as Nasdaq CEO touts exchange

Feb 12, 2018

The chief executive officer of Nasdaq, one of several exchanges around the world vying for the international listing of Saudi oil giant Aramco, promoted the New York-based exchange to an audience in the Middle East

India's Modi in UAE to boost ties with Gulf Arab states

Feb 11, 2018

India's Modi in second UAE visit seeking stronger economic, cultural ties with big-spending Gulf Arab states

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